This article is part of Football FanCast’s Opinion series, which provides analysis, insight and opinion on any issue within the beautiful game, from Paul Pogba’s haircuts to League Two relegation battles…
Sheffield Wednesday’s season could well be over already.
On Thursday afternoon, the EFL charged the club with financial misconduct after they sold their Hillsborough stadium to owner Dejphon Chansiri in order to offset debts in the 2017/18 season.
The move handed the Owls a pre-tax profit of £2.5m that year, but they broke league regulations to do so.
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Wednesday have since released a statement claiming they will contest the charges, and although no punishment has been set in stone, it seems somewhat likely that the club are made an example of.
Football finance expert Kieran Maguire believes the most likely consequence will be at the very minimum a 12 point deduction, but no timeframe has been set on that.
If they were to be faced with such a penalty today, sitting eighth on 25 points, they would slip to the edge of the relegation zone on goal difference with 13 points.
And if Maguire is right, they could see even more deducted, which would undoubtedly leave them in a battle to save their Championship status.
What a sheer contrast that would be as the club are currently a mere three points off being back in playoff contention.
But thankfully, they have a manager in charge that knows the situation all too well as Garry Monk was in charge of Birmingham City when they were slapped with a nine-point deduction back in March.
Their form after the news should offer serious encouragement to fans in south Yorkshire as the 40-year-old is the perfect man to keep them safe on the pitch for the foreseeable future.
In the eight games played post-deduction, the Blues managed to lose just one game, and at the end of the season, they should have been three places better off.
To only keel over in one match speaks volumes to Monk’s man-management abilities, so Wednesday are in a safe pair of hands for sure.
They even beat Owls’ Yorkshire rivals Leeds United in that run.
If there is to be one positive from this scenario, it is the fact that the club has a shining light in Monk – without him, their future prospects would look rather dismal.