Sheffield Wednesday: Championship club enters administration

Sheffield Wednesday: Championship club enters administration

BBC Sport

BBC Sheffield understands there are interested buyers and that the administrators are already in active discussions and are also inviting formal offers from other credible potential investors.

Wigfield, a managing partner at Begbies Traynor, said: “The joint administrators have taken over the running of the club with immediate effect to protect the interests of creditors, and to ensure Sheffield Wednesday can continue operating while we seek a new owner as swiftly as possible.

“Like many football clubs, it has been trading at a significant loss for many years, with those losses historically funded by the owner. Mr Chansiri is no longer willing to provide that financial support.

“While the…



Continue Reading

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *