EFL Meeting

I'm not as despondent as many on here are sounding.

The EFL are not there to support football fans, they're there to organise, run and rule over EFL competitions. All their rules and regulations are voted for by their member clubs.

Despite the above the EFL are regularly meeting with and engaging with Wednesday's fan groups, whilst the meeting minutes might not sound encouraging, this stood out to me:

It's effectively warning the Trust to be ready for the club to enter Administration - which would signal the end of DC. The EFL stressing this, surely indicates, that they believe it to be a likely outcome.

Personally, I've always thought that the disciplinary panel that would give us the points deductions has been pushed down the road to encourage DC to sell. As I believe any new owner will get a more lenient punishment than DC will get.

The overriding thing is that DC is putting no funds in and the club is not self financing, but above all, this is out in the open and the EFL know.

Given that, there is no way the EFL will allow DC to run us in the League next season as he has this (I suspect they regret not being tougher last Summer and allowing us to start this season).

If DC makes the end of this season, I suspect the EFL will offer him 3 choices:

A. Put £20m into this escrow account by 30th June, to prove you can fund next season

or

B. Sell the club

or

C. We'll withdraw our 'golden share'.

I've kept away from all this bullish for a while 

It's tiresome reading pages & pages of people getting hoodwinked by well timed leaks 

As I said in late spring ... All the pieces are being lined up for the IFR ride in on its white horse 

Promble - Reaction - Solution 

About time the Trust told the EFL to go fix themselves. 

No use to us whatsoever. 

Disengage. 

21 minutes ago, Lime Tree Heros said:

I'm not as despondent as many on here are sounding.

 

The EFL are not there to support football fans, they're there to organise, run and rule over EFL competitions. All their rules and regulations are voted for by their member clubs.

 

Despite the above the EFL are regularly meeting with and engaging with Wednesday's fan groups, whilst the meeting minutes might not sound encouraging, this stood out to me:

 

 

It's effectively warning the Trust to be ready for the club to enter Administration - which would signal the end of DC. The EFL stressing this, surely indicates, that they believe it to be a likely outcome.

 

Personally, I've always thought that the disciplinary panel that would give us the points deductions has been pushed down the road to encourage DC to sell. As I believe any new owner will get a more lenient punishment than DC will get.

 

The overriding thing is that DC is putting no funds in and the club is not self financing, but above all, this is out in the open and the EFL know.

 

Given that, there is no way the EFL will allow DC to run us in the League next season as he has this (I suspect they regret not being tougher last Summer and allowing us to start this season).

 

If DC makes the end of this season, I suspect the EFL will offer him 3 choices:

 

A. Put £20m into this escrow account by 30th June, to prove you can fund next season

or

B. Sell the club

or

C. We'll withdraw our 'golden share'.

Sounds to me like the EFL asked the Trust to be ready to either buy the club (obviously with fans/donors paying in considerably) or set up a phoenix club.

I guess the EFL has zero belief Chancer can survive either.

4 hours ago, DeeeeeJ said:

From reading that, the only option is to get games abandoned / unfulfilled. 

If you do that the EFL have only 1 option and that is to chuck the club out of the league. I can't see they would have any other option.

That is the death of the club as we know it and I seriously do not want that to happen. I want DC gone, not the club.

Before you rush into getting all our games abandoned you should at least give the IFR a chance to do something. It might work, it might not, but at least give it a chance if you love the club. I know there are people saying the IFR won't work, they don't know, none of us do. It might work and that is the last option, not getting us thrown out of the league.

I just don't see what you gain by getting all our games abandoned, yes it cut's off DC 's funding, but at the cost of killing the club. I know DC is doing that but let's not give him a helping hand.

4 hours ago, i used to be sc_owl said:

Even if this is down to the regulator to remove DC, we are talking years for all the legal stuff to be sorted. 
 

I’m starting to think it’s 50/50 as to what happens first; winding up order or IFR removing DC. 

You have no way of knowing that.  (the bit in bold)

You are right though, that the IFR removing DC and winding up will be a close run thing.

4 hours ago, Hookowl said:

 

It's the independent disciplinary panel that give the points deduction not EFL

I suspect the IDC will be influenced by the evidence provided by the EFL. A quite word to the IDC behind closed doors and off the record might occur.  Not saying it will but I know it happens in other industries on the QT. 

We won’t start next season at this rate. No players will join, EFL sanctions will stop contracts being signed, no one will want to renew.

Hes trading insolvent which should be enough to take it further.

I still think he’s doing this deliberately and out of spite. He doesn’t give a crap

1 minute ago, KhilPing said:

We won’t start next season at this rate. No players will join, EFL sanctions will stop contracts being signed, no one will want to renew.

 

Hes trading insolvent which should be enough to take it further.

 

I still think he’s doing this deliberately and out of spite. He doesn’t give a crap

I agree about the spite bit, enough cash for loads of extra stewards, he is an utter monster

RIP Sheffield Wednesday...

I don’t want to make a thread but I’ve been told that DC will be there on Saturday  

5 hours ago, bladeshater said:

We must upset and inconvenience the EFL by making sure some of our fixtures don't get to 90 minutes 

You will inconvenience them into chucking us out of the league.

I get the feeling quite a few people don’t understand the implications of us being thrown out of the league 

1 hour ago, prowl said:

If you do that the EFL have only 1 option and that is to chuck the club out of the league. I can't see they would have any other option.

 

39 minutes ago, kirksandallowl said:

I get the feeling quite a few people don’t understand the implications of us being thrown out of the league 

 

How would that work then? What about the clubs we have already played, would those results be binned? 

5 minutes ago, marki said:

How would that work then? What about the clubs we have already played, would those results be binned? 

That would be the least of our worries, it would be the end of Sheffield Wednesday as we know it