Sheffield Wednesday’s punishment, if found guilty of breaching English Football League [EFL] rules, could be more severe than the one Birmingham City received earlier this year, according to The Telegraph’s John Percy.

The EFL announced in a statement earlier that it has ‘issued (the Owls) a number of charges relating to alleged (financial) breaches’.

These concern the £60 million sale of Wednesday’s Hillsborough stadium to the Championship club’s Thai owner, Dejphon Chansiri, which ensured a £38m profit and allowed them to circumvent the league’s profit and sustainability [P&S] rules.

Others, namely Derby County, Aston Villa and Reading – but not Birmingham – have adopted similar measures, although it is the timing of Sheffield Wednesday’s transaction, which according to Land Registry documents occurred nearly a year later than stated, that has led to accusations of misconduct.

According to the EFL’s website, the possible sanctions faced by Wednesday include a points deduction, heavy fine or expulsion from the league.

Birmingham were docked nine points for breaching P&S rules while the current Owls manager, Garry Monk, was at the helm, but avoided all of the others.

The Wednesday and former Birmingham manager, Monk. (Photo by Robbie Jay Barratt – AMA/Getty Images)

Monk, though, can be absolved of any of the blame for Wednesday’s issues, which pre-date his arrival in early September.

Sheffield Wednesday have issued a statement of their own insisting that ‘(the) charges will be vigorously defended’.

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