Sheffield Wednesday Enters Administration Faces 12-Point EFL Deduction Amid Financial Crisis

Sheffield Wednesday Football Club has entered administration due to severe financial difficulties, culminating in a 12-point deduction by the English Football League (EFL). Owner Dejphon Chansiri's decade-long tenure ends as failed takeover talks and mounting debts, including a £1 million tax liability to HMRC, forced the club into this position amid protests and boycotts by fans. The club's stadium, Hillsborough, owned separately through Sheffield 3 Limited, has also been placed in administration, allowing both the club and the stadium to be marketed together. Supporters and the Sheffield Wednesday Supporters Trust have called for increased fan engagement to support the club during this transition and encourage potential new ownership. The administration places the club deep in the relegation zone, with bleak prospects for the upcoming season, highlighting the critical need for a successful sale to secure its future. Insolvency practitioners Begbies Traynor are expected to be appointed as administrators to oversee the process.