One of Wycombe Wanderers’ play-off rivals has been given a suspended three-point deduction for ‘failing to comply with EFL Regulations.’

Peterborough United, who sit in fifth place on 70 points, three places and five points clear of the Chairboys, were also given a fine of £50,000.

The points deduction is suspended until December 31 this year.

The punishment follows an investigation by the EFL into the appointment of David Paton as the Club’s Chief Executive Officer in January 2022.

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The Posh failed to declare Paton as a ‘relevant person’ as per the requirements of its regulations.

The Cambridgeshire-based team then acted in the role without receiving written authority from the EFL.

In addition, Peterborough allowed Paton to act as a relevant person despite him being subject to a disqualifying condition.  

As a result of this, Paton has been banned from being a relevant person for a period of two years.

His suspension came into play in May 2022.

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In a statement, Peterborough United said: “The Club regrets the oversight that led to our failure to comply with rules 2.5.1, 2.6, and 4.4 and we sincerely apologise to the EFL. 

“We have implemented a rigorous set of procedures to ensure that such breaches do not occur in the future. 

“We thank the EFL for completing its investigation in a thoroughly transparent and professional manner.

“The Club can also announce that Mr David Paton has left the role of Chief Executive Officer by mutual consent, effective immediately.

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“We wish David well for the future.

“The Club will be announcing plans for the role of Chief Executive Officer in due course.”

Wycombe have played Peterborough three times this season, earning two wins and one draw.