{"id":794930,"date":"2026-10-07T15:12:21","date_gmt":"2026-10-07T15:12:21","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/794930\/"},"modified":"2026-10-07T15:12:21","modified_gmt":"2026-10-07T15:12:21","slug":"sheffield-united-ceo-stephen-bettis-on-points-deduction-and-club-finances","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/794930\/","title":{"rendered":"Sheffield United: CEO Stephen Bettis on points deduction and club finances"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Sheffield United&#8217;s CEO says the club do not expect to receive an English Football League points deduction and the owners would &#8220;fight hard&#8221; if any such sanction is imposed.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The EFL launched an investigation after the company used to buy the club <a href=\"https:\/\/www.bbc.co.uk\/sport\/football\/articles\/c4g618x1z80o\" class=\"ssrcss-1fqyhkk-InlineLink e1kn3p7n0\" rel=\"nofollow noopener\" target=\"_blank\">was placed into liquidation by the High Court in August.<\/a><\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">COH Sports Bidco Limited (CSBL) agreed to purchase the Championship club for just over \u00a3100m in December 2024 but about \u00a335m is still owed on the deal.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">A winding-up petition was filed in July against CSBL by United World &#8211; the club&#8217;s former owners &#8211; with insolvency events able to trigger a 12-point penalty under EFL rules.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Blades chief executive officer <a href=\"https:\/\/www.bbc.co.uk\/sounds\/play\/p0pf9qkz\" class=\"ssrcss-1fqyhkk-InlineLink e1kn3p7n0\" rel=\"nofollow noopener\" target=\"_blank\">Stephen Bettis spent an hour in the BBC Radio Sheffield studio on Tuesday night<\/a>, with the potential points deduction top of the agenda.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Bettis said: &#8220;The EFL are investigating the process and what has happened.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;The 12-point deduction only relates to if the club or a company within the group goes into insolvency. The advice our owners have got from their lawyers is that the club certainly didn&#8217;t go into insolvency &#8211; we&#8217;re funded, we&#8217;re paying all our bills on time. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;The company that no longer is in the group has now had a winding up order against it.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;The position of our owners is that the winding up petition happened after that entity was no longer within the Sheffield United group. While it was within the group it never had a winding up order, it didn&#8217;t become insolvent &#8211; their belief is that that stops the 12-point deduction happening.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">BBC Sport has contacted the EFL for comment.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Bettis conceded there remains a risk of potential fines or points deductions, adding: &#8220;The EFL are still investigating that and there is still the risk of that from their perspective.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;I think if any decision is made to go down that path obviously the owners will fight that quite hard.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">BBC Sport reached out to the EFL for comment and were told &#8220;matters still remain ongoing&#8221;.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Though not a direct comparison, in 2009 Southampton were docked 10 points by the EFL after their parent company went into administration and the football club claimed there was not a financial link between the two.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Bettis added: &#8220;It wasn&#8217;t a parent company for Sheffield United when it happened, that&#8217;s quite an important difference. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;The EFL have been aware of this for four months, if it was clear cut we&#8217;d have been charged already, in my opinion. It&#8217;s clearly not clear cut and it continues to go on. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;The owners have cooperated fully with the EFL investigation. They are now deliberating internally and we&#8217;re waiting for their response.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Asked by BBC Radio Sheffield&#8217;s Rob Staton if that means the club are not expecting a points deduction, Bettis said: &#8220;From the advice the lawyers for our owners were given &#8211; that is what we&#8217;ve been told.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;I&#8217;m not going to sit here and categorically say we&#8217;re not at risk, until the verdict is given I&#8217;m not going to make myself look an idiot.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;There&#8217;s still that risk, whether it&#8217;s a fine, a points deduction, all of those are on the table still and until they are not we have to be open and understand that&#8217;s the situation.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"Sheffield United&#8217;s CEO says the club do not expect to receive an English Football League points deduction and&hellip;\n","protected":false},"author":2,"featured_media":794931,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[59,101,56,54,55],"class_list":["post-794930","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sports","tag-gb","tag-sports","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/794930","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=794930"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/794930\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/794931"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=794930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=794930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=794930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}