Unpopular owner Dejphon Chansiri could be forced to sell the club he has owned for the best part of a decade as Sheffield Wednesday face winding up order over an unpaid tax bill to HMRC.
Whilst results on the pitch haven’t been smooth sailing for Sheffield Wednesday the club faces a hammer blow off the pitch as they are just days away from receiving a winding up order due to an unpaid tax bill.
The Hillsborough club who have faced a turbulent few years under the ownership of Thai businessman Dejphon Chansiri including multiple late payments of wages, unpaid tax bills and points deductions the end could be near for the historic club.
The Owls who are currently banned from paying fees for any players until the end of 2027 as a result of the financial mismanagement of the club reportedly now face the prospect of administration over money owed to HMRC totalling £1 million pounds.
In recent weeks there have seen protests against the ownership of Chansiri including a pitch invasion in a 5-0 defeat at the hands of Coventry as fans pile on the pressure on their owner to sell the club and end the sorry state of affairs that has plagued the Championship club.
It was also revealed the players for the 5th time in 7 months would receive late payments of their wages owing to cashflow problems in Chansiri’s other businesses.
The latest development in this long running saga could finally be a turning point as the Thai businessman now may be forced to sell the club and plunge them into administration as the financial situation at Hillsborough has become perilous.
Chansiri has placed a £40 million pound valuation on the South Yorkshire club however should a winding up order be given and the fine be unpayable the value of the club will diminish significantly.
Off the pitch it would be a catastrophic turn of events for the Sheffield based side however on the pitch the club could suffer further as should they be put into administration a points deduction would follow which would drastically affect the clubs already slim hopes of Championship survival.
It remains to be seen what will occur in the coming days however the future is looking bleak for Sheffield Wednesday a historic name in English football history.
