The English second division football team Sheffield Wednesday has appointed the insolvency administrator due to his massive financial difficulties. The “Owls“(Eulen) responded to an application for the club’s forced dissolution by the British tax authorities.”HM Revenue & Customs“.
The bottom of the table Championship must now expect a deduction of twelve points and an almost certain drop into the 3rd league. The bankruptcy is likely to mark the end of club owner Dejphon Chansiri’s ten-year tenure. According to one BBCAccording to reports, negotiations are already underway to sell the four-time English champions.
With a German coach until the summer
In response to the problems, a large proportion of the fans were also at the game against FC on Wednesday (October 22nd, 2025). Middlesbrough (0:1) stayed away. The bankruptcy ensures that the team, which was coached by Danny Röhl until the summer, can continue to play. Röhl also left Sheffield because of the difficulties and is now in Scotland with the Glasgow Rangers Trainer.
“Like many football clubs, the club has experienced significant losses for years, which in the past have been borne by the owner. Mr Chansiri is no longer willing to provide this financial support“, said Kris Wigfield, one of the insolvency administrators. The recent fan boycott has increased the financial pressure.
“Club under compulsory administration”
“Therefore, the owner has decided to place the club under receivership.” Wigfield’s colleague Paul Stanley emphasized: “We are confident that with the right ownership structure the club has a bright future and will meet all league regulatory obligations”.
This is currently not the case. Among other things, Sheffield was unable to pay salaries on time in five of the past seven months.
