Sheffield Wednesday slapped with 12-point deduction

English second-tier side Sheffield Wednesday have been given a 12-point deduction that will be implemented at the start
Sheffield Wednesday slapped with 12-point deduction

London, Aug 1: English second-tier side Sheffield Wednesday have been given a 12-point deduction that will be implemented at the start of next season for breaking spending rules. The club was found to have included the sale of their home ground Hillsborough Stadium in their 2017-18 accounts despite it actually being sold a year later.

"The club was charged in November 2019 and referred to an independent Disciplinary Commission, which conducted a full hearing at the end of June 2020, before finding the club guilty based on the fact that the club should not have included profits from the sale of Hillsborough Stadium in the club's financial statements for the period ending July 2018," said the English Football League Championship in its statement. IANS

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