Sheffield United Handed 2-point Deduction From Next Season
Sheffield United FC has been dealt a two-point deduction by the English Football League (EFL), after defaulting on payments to other clubs during the 2022/23 season.
An Independent Disciplinary Commission (IDC) appointed by the EFL found that the defaulted payments had cumulatively exceeded 550 days.
The initial two-point penalty will be imposed at the start of the 2024/25 season, should the Blades be relegated back to the Championship at the conclusion of the current campaign.
Sheffield has also received a further two-point suspension, which could be applied at the end of next season if the club defaults on future payments to other teams for longer than five working days.
In light of the sanctions, the club has agreed to pay the EFL’s legal fees of £310,455.
In a club statement, Sheffield United responded, ’The club has co-operated with the EFL to reach a negotiated settlement on the issues in question.
‘While disappointed to have the deduction imposed upon the return to the EFL and highlighting that awaiting overdue monies from several other clubs affected Sheffield United’s financial situation, the club took the view that it was better to reach an agreement which minimised the risks of a higher deduction or further transfer embargoes being imposed, and being distracted by lengthy and costly legal proceedings.
‘The club is now in a position to close this matter and concentrate on the future.’
Sheffield United currently sits bottom of the Premier League table on 16 points, and are nine points away from safety.
Stay up to date with the world of sports business by subscribing to the Sport Industry Daily.
