Following a formal investigation into financial information provided by Sheffield Wednesday in relation to the Club’s 2017/18 Profitability and Sustainability (P&S) submission, the EFL has today issued a number of charges relating to alleged breaches of EFL Rules.
Charged with Misconduct in relation to the sale of Hillsborough and the Profitability and Sustainability Submission/inclusion of the profits in the 2017/18 accounts.
I wonder if Derby are under investigation as well as they sold their ground which meant they could meet the P&S requirements (iirc)?
It seems the FL is trying to show some teeth, with this alongside Macc being charged after the Bury/Bolton farce and the letter from the Parliament Committee. WIll it continue and will they change the rules to stop HMRC being used as an overdraft facility or even introduce proper financial licencing requirements?