Championship club Sheffield Wednesday files for administration as financial issues under owner Dejphon Chansiri came to a head on Friday. The notice to appoint an administrator was filed at a specialist companies court, formalizing months of growing instability. The move comes after the club failed to settle an outstanding £1 million debt owed to HMRC, with a winding-up order reportedly imminent.
This action immediately triggers an automatic 12-point deduction under English Football League (EFL) regulations. With the Owls already bottom of the table on six points, the penalty places Sheffield Wednesday files for administration at an unprecedented -6 points, deepening their relegation fears.
Players and staff have repeatedly been paid late in recent months.
The Thai owner, Dejphon Chansiri, has faced massive fan protests urging him to sell the club, a promise he made in June. Administration halts legal proceedings and allows independent administrators to take control of finances. This is necessary to find a buyer and restructure the club’s massive debt.
The administration process is the first step toward a potential sale of the club. Supporters now hope the move will bring an end to the uncertainty and lead to a swift acquisition by a well-funded party. The fight for the long-term future of Sheffield Wednesday files for administration and its league status begins now.
