Sheffield Wednesday Enters Administration, Hit With 12-Point Deduction
Sheffield Wednesday Enters Administration, Hit With 12-Point Deduction

Sheffield Wednesday Enters Administration, Hit With 12-Point Deduction

News summary

Sheffield Wednesday and its stadium company have been placed into administration after owner Dejphon Chansiri’s failed sale attempts and mounting debts, including about £1m owed to HMRC and reported unpaid wages. Begbies Traynor partners Julian Pitts, Kris Wigfield and Paul Stanley were appointed joint administrators to run the club and stadium, protect creditors’ interests and seek new ownership. The English Football League imposed an immediate 12-point deduction, dropping the Owls to minus six points from 11 games and making relegation to League One highly likely. Supporters — who have staged protests and boycotts amid a reported c.35% fall in attendance — have been urged to back the club as administrators attempt to secure a sale. The EFL said administration could create a path to a more secure future but warned an existing EFL embargo and prior breaches of payment rules complicate the club’s short-term operations.

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Center 75%
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4
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3
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Last Updated
22 hours ago
Bias Distribution
75% Center
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