Sheffield Wednesday Faces Potential Multi-Point Deductions Amid Administration Crisis
Sheffield Wednesday Faces Potential Multi-Point Deductions Amid Administration Crisis

Sheffield Wednesday Faces Potential Multi-Point Deductions Amid Administration Crisis

News summary

Sheffield Wednesday Football Club has entered administration, triggering an automatic 12-point deduction and leaving the club at the bottom of the Championship with -6 points. This follows months of financial struggles under owner Dejphon Chansiri, who ended his 10-year tenure by placing the club and stadium company into administration amid repeated late wage payments and financial mismanagement. Additional points deductions are likely as the English Football League investigates further breaches related to unpaid wages for several months, with hearings planned this season. The club is currently under strict financial embargoes, including a transfer fee restriction until 2027, though these may be challenged by new ownership. Administrators have reported strong interest from four or five credible bidders, raising hopes for a quick sale and financial stabilization. Fans and the Supporters' Trust have expressed both frustration over past mismanagement and cautious optimism about the club's future under new ownership.

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