Championship outfit Sheffield Wednesday have been punished with a 12-point deduction because of their breaches of the spending regulations.
Furthermore, they included the sale of their Hillsborough Stadium home in their 2017-18 accounts despite the ground being sold a year later.
The point deduction will take effect next season and the Championship outfit will be relieved to have escaped a deduction this year. If Sheffield Wednesday had picked up the deduction this year, they would have been relegated.
The Championship outfit have expressed their disappointment at the decision.
Meanwhile, the decision has not gone down well with the likes of Charlton who are consider legal action now. If the deduction had taken place this season, Charlton would have been safe from relegation.
The Championship club were first charged in November of 2019 and it has taken nearly eight months for the punishment to be decided.
“We fail to understand why the deduction will take place next season rather than the current season, which seems to be irrational, and are writing to the EFL to get an explanation of the justification,” the London club said in a statement.
It will be interesting to see how the situation unfolds in the coming weeks now.
Meanwhile, Sheffield Wednesday have claimed that they welcome the decision that the commission cleared them of acting in bad faith and they will now consider an appeal after they have gone through the written reasons from the disciplinary panel.