Sheffield Wednesday EFL charge latest: Charges against Dejphon Chansiri dropped case against club goes on

Sheffield Wednesday have announced that the EFL have dropped misconduct charges against owner Dejphon Chansiri, finance director John Redgate and former chief executive, Katrien Meire for their part in the sale of Hillsborough stadium.
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The misconduct charge against the club remains however and will proceed to a hearing. It centres on the circumstances surrounding the sale of Hillsborough to a separate company owned by Chansiri and presented in the accounts for the 2017/18 season.

It means any punishment given by the EFL in the event of a guilty verdict cannot see Chansiri or any other individual punished. The case against the club will be heard by an independent panel.

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The controversial £60m stadium sale allowed the club to stay within the parameters of the league’s ‘Profit & Sustainability’ rules that allow for a loss of no more than £39m in a three-year cycle.

A club statement read: “The EFL has written to the Club and informed it that the EFL has dropped all of the charges it issued against Mr Chansiri, Ms Meire and Mr Redgate on 14 November 2019.

“Each of the individuals considers this a vindication of their defence of the charges. In the Club’s view this decision is a recognition of the strength of the evidence that the Club has filed before league arbitration panels, which demonstrated that there was no proper basis for the charges.

“The charges against the Club will proceed to a hearing and the Club will continue to vigorously defend those charges. No further comment will be made at this stage.”