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Southampton relegated after points deduction

The Football League has announced they have imposed a 10-point penalty on Coca-Cola Championship side Southampton under their administration rules.

The south coast team's holding company, Southampton Leisure Holdings plc, went into administration earlier this month.

It was unclear at the time if the club would face a points deduction, which is handed out to all side's that enter administration, as the club itself was not in administration.

Yet an investigation by the Football League has found that the club and the holding company are "inextricably linked as one economic entity."

The news means that Southampton, who are currently four points off safety from relegation into League One with just two games of the season remaining, are certain to go down.

Because Southampton Leisure Holdings plc entered administration after the League's March deadline, should they avoid relegation this season, the 10 point penalty will be administered.

Yet, if Saints go down without the penalty being imposed, they will start their first season in League One on minus 10 points.

The 1976 FA Cup winners dropped out of the Premier League in 2005 after a 27-year stay in the top flight.

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Comments

Angus LAW
[info]thegoosemeister wrote:
Thursday, 23 April 2009 at 02:26 pm (UTC)
Perhaps We can turn the stadium into an Ice Rink
Southampton relegated after points deduction
[info]achmelchett wrote:
Thursday, 23 April 2009 at 06:45 pm (UTC)
As a Pompey fan ROTFLMAO !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Oh no pleasure overload nose bleeding.
West Ham are the same
[info]westhamsterdam wrote:
Thursday, 23 April 2009 at 07:30 pm (UTC)
Hansa the holding company for West Ham has also gone into administration I wondr what he difference is between the two. It does seem very harsh this penalty especially in today's financial climate. Makes you wonder why fans bother turning up. You can bet the clubs calling for this punishment to be handed out are those clubs around the bottom 3.
Re: West Ham are the same
[info]ifthecapfits wrote:
Thursday, 23 April 2009 at 08:57 pm (UTC)
West Ham is not the only part of the Hansa holding company making money
Hansa and West Ham are not inextricably linked.
Read the Football League judgement then wonder no more.

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