Potential points deduction no barrier to Sheffield Wednesday plans

Wednesday are currently under investigation by the EFL regarding the sale of Hillsborough, with a decision expected in the next month.

If found guilty by the commission, they could face "any sanction" under EFL regulation 92.2, including a possible points deduction or financial penalty.

However, even with that hanging over them, Monk says talks have already begun with some of his key players regarding contract extentions, including Steven Fletcher and Morgan Fox.

A number of other members of the squad are out of contract this summer and Monk has been speaking with the club’s hierarchy regarding who he wants to remain at Hillsborough.

Speaking ahead of the visit of Derby County to Hillsborough, the Owls boss said: “(The threat of a points deduction) shouldn't affect anything.

“There's a process in place, you can't do everything at once. The club have been spoken to and given my thoughts on some of the players to start that process.

“They have started contract negotiations, that should be regardless of whether there is an impending points deduction or not.

“That's something we want to do as a club and the feedback from the players is that they want to do it as well so far and hopefully we can get those players tied up and we can move on to some of the others.”

Fletcher, who scored a dramatic winner against Charlton on Wednesday night, later revealed that talks had begun regarding his signing a new deal.

On the striker, Monk added: “I think the club is in talks with Steven and his representatives, hopefully we can get that done.

“They are in negotiations and talks and hopefully we can get a good outcome which I'm sure we will. Both parties want it to happen and that's great. Hopefully we can have news on that as soon as we can.”

Wednesday are searching for back-to-back league wins for the first time sicne December 22, when they take on the Rams at Hillsborough.