Long time lurker (just read post in past) - first time poster.
Gutted - felt that this was always going to be the outcome.
Would love to see the reasons behind the decision, and to ensure that the decision sets a precedent going forward.
Truth is more clubs are likely to fail in the next 12 months - C19 was and is the reason used by NFL - it sounds to me that the EFL refused to believe this and applied the penalty. They even said so when the penalty was first announced just after admin.
We were the first club to enter admin following C19, maybe our owners knew when to throw in the towel, rather than throwing good money after bad. (it kills me to say that). The reality is stadium sport viewing is not going to return until at least October (which seems optimistic) - think of the cash flow impact, normally our season tickets are bought now, which generates much needed cash - the sales of these must have been impacted by C19 behind closed doors fears - which in turn leads to the loss of other revenue streams due to no match day sales.
Will EFL be consistent in applying the penalty to other clubs - that is what I fear - they have just taken away an option that could and would have saved non premier league football, - they may have just destroyed the EFL.