Sheffield Wednesday Earliest Relegation in EFL History: Sheffield Wednesday became the first team in the history of the English Football League to be relegated in February after a loss to rivals Sheffield United on Sunday. The Owls were hit with 18 points in penalties and transfer embargoes because their former owner let player wages and taxes go unpaid. They're still waiting to emerge from administration with a new owner.
This is my club so I've had a front-row seat to this debacle. For a while it looked like the club might fold after 158 years, which makes League One not so bad really.