There seems to be a lot of confusion on the SWFC zero point ruling when comparing to the zero points Derby also received.
Both Clubs paid/are paying 25p in the £ to unsecured creditors.
Derby’s owner completely wrote his debt off. The Wednesday owner was made a sizeable offer.
Derby paid 25p in the £ and left the tax man owed £10’s of millions (EFL Insolvency Policy directs 100p - discretion shown). Wednesday are paying off all owed (100p in the £) to HMRC.
I’m struggling to square why some feel Wednesday should get more than Derby got for exiting Administration when the shortfall to creditors is so much less in the case of SWFC?
Furthermore, the shortfall against EFL Insolvency Policy is also much less in the case of SWFC.
Sheffield Wednesday haven’t dodged punishment, we’ve lived it and breathed it, for years.
Points deductions, transfer restrictions, stripped back squads, off-field chaos, and the worst season in the club’s history, all under an ownership model we as fans had zero control over. The damage wasn’t theoretical, it was real and it was brutal. It’s caused infighting, division and a complete loss of identity. We’ve been ridiculed beyond belief and we lost all pride in our football club.
Administration didn’t give us an advantage, it confirmed how far we’d already fallen. It was an escape from an owner who treat us with immeasurable disrespect.
A reset to zero isn’t leniency, it’s common sense. It’s the EFL recognising that you can’t keep punishing the same club, players and supporters for the same failure of one individual, over and over again.
We never asked for favours.
We asked for a level playing field. To be given the same opportunity as every other club in the league.
#SWFC
There are moments that remind you what Sheffield Wednesday is really about.
Corby is 6. Visually impaired. Season ticket holder on the Kop. Plays in goal. Dreams of playing for Wednesday.
He set out to raise money for sports goggles so he could keep playing.
He hit his target in hours.
Then he did something special…
He decided every penny raised after that would go to Lauren’s Legacy — helping fund defibrillators across sport, in memory of Lauren Walker.
£2,000+ raised and counting.
This is what “We’re All Wednesday Aren’t We” looks like.
If you can, take a moment to read his story and support:
https://t.co/Iu0yXdiEev
Let’s get behind one of our own. 💙
#SWFC #WAWAW