Sheffield Wednesday Enters Administration, Hit with 12-Point Deduction

Sheffield Wednesday Enters Administration, Hit with 12-Point Deduction
Owls plummet to bottom of championship table after 12-point penalty



Sheffield Wednesday FC hit with 12-point deduction after entering administration, leaving them at the bottom of the Championship table with -6 points.


Sheffield Wednesday's financial struggles have been well-documented, with the club facing numerous challenges...


Sheffield Wednesday has officially entered administration, resulting in an automatic 12-point deduction imposed by the English Football League. This significant penalty leaves the team on minus six points, 15 points away from safety in the Championship table.


The club has appointed administrators Julian Pitts, Kris Wigfield, and Paul Stanley of Begbies Traynor to oversee the process. According to the EFL, this move presents an opportunity for Sheffield Wednesday to secure a successful sale and future under new ownership.




Kris Wigfield and Paul Stanley, joint administrators, have taken over the running of the club, ensuring uninterrupted operations while seeking a new owner. Wigfield urged supporters to return to Hillsborough, emphasizing that every penny spent will go towards stabilizing the club and supporting players and staff.


The administration follows failed talks with potential buyers and rising financial pressure from creditors. Sheffield Wednesday's financial struggles have been well-documented, with wage payment issues and a significant drop in matchday revenue contributing to the club's current predicament.


Sheffield Wednesday's administration filing has pushed the former Premier League club closer to relegation, but fans are breathing a sigh of relief that the contentious ownership of Dejphon Chansiri might finally be coming to an end. The club's precarious financial situation led to the appointment of administrators from Begbies Traynor, as creditors closed in.


The English Football League (EFL) has confirmed a 12-point deduction for Sheffield Wednesday due to the administration filing. However, the EFL also noted that this process presents an opportunity for the club to move towards a successful sale and secure a future under new ownership. This development could mark a turning point for the historic club.


Sheffield Wednesday's financial struggles have been well-documented, with the club facing numerous challenges, including unpaid taxes and regulatory breaches. The administration filing is the latest chapter in the club's turbulent history, but fans are hopeful that new ownership will bring stability and success. The club's future hangs in the balance, but many believe that change is necessary for Sheffield Wednesday to thrive once again.


Joint administrator Kris Wigfield said: “Like many football clubs, (Sheffield Wednesday) have been trading at a significant loss for several years, with those losses historically funded by the former owner Mr Chansiri.


“Due to increased financial pressure on the club, the owner has chosen to place the club and the stadium company into administration, which will enable us to market the club and the stadium as a whole, which is great news for supporters of the club.”


The 12-point deduction plunges Sheffield Wednesday to the bottom of the Championship table with minus six points, leaving them 15 points adrift of safety.


Sheffield Wednesday fans staged a protest against owner Dejphon Chansiri during the team's match against Middlesbrough at Hillsborough. Thousands of supporters boycotted the game, expressing their frustration and discontent with Chansiri's leadership.


The protests come after Wednesday's repeated failure to pay players and staff on time, with five instances of delayed payments this year, including in September. The club's financial struggles have been well-documented, and fans are increasingly frustrated with Chansiri's inability to manage the club's finances effectively.


The boycott and protests are a clear indication that fans are demanding change in the ownership of the club. With Chansiri facing mounting criticism for his handling of the club's finances, fans are hoping that the administration process will pave the way for new ownership and a fresh start for Sheffield Wednesday.




The scene at Hillsborough Stadium was one of jubilation as fans celebrated the news of the club's administration and the potential departure of owner Dejphon Chansiri. Images on social media showed seats bearing Chansiri's name in the North Stand being ripped out, symbolizing the end of an era.


Meanwhile, fans were lining up outside the stadium to buy tickets for Saturday's match against Oxford United, showing their support for the team despite the off-field turmoil. The atmosphere was a mix of emotions, with fans hoping for a resolution to the club's financial woes and a brighter future under new ownership.


Culture Secretary Lisa Nandy expressed her hopes for a swift resolution, drawing from her own experience with Wigan Athletic. “Having been in this position with my own team, Wigan Athletic, I know everyone who loves the club will be hoping for a resolution as soon as possible,” she said, emphasizing the need for stability and certainty for the club's future.


The Sheffield Wednesday Supporters' Trust described it as “one of the most bittersweet days in our club's proud 158-year history.”


“Entering administration was the inevitable outcome of years of financial mismanagement, a lack of accountability and repeated failures to engage credible buyers,” the Trust said in a statement.


“Administration is not to be celebrated. It needn't have ended this way. But we are overjoyed to have Dejphon Chansiri out of our club for good.”


The Trust added that it “expects strong interest from prospective buyers” but that if a sale did not materialise, “supporters can be assured that, for the last few months, we have been working to develop a credible, fan-led takeover proposal.”


“This ensures that even in the worst-case scenario, the threat of liquidation will not be an option.”



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