Sheffield Wednesday owner Dejphon Chansiri is still on the hunt for fresh investment despite takeover talks and fan protests, reports Alan Nixon.
Sheffield Wednesday remain trapped in a cloud of uncertainty about their future. Owner Dejphon Chansiri continues to steer SWFC despite ongoing financial troubles, and the consequences are becoming increasingly clear.
Chansiri has shown little genuine interest in meaningful takeover discussions, while talk of fresh investment has all but disappeared. Supporters persist in their protests, desperate to see the long-time owner depart Hillsborough, but their calls continue to go unheard.
Image courtesy of: CRAIG BROUGH/REUTERS.
News that players were paid late for September has only intensified the pressure on Chansiri. There is a lot of anger from fans, and their frustrations look set to worsen, according to a new report.
A report from Alan Nixon, via his Patreon, the Sheffield Wednesday chairman is reportedly attempting to raise a substantial amount of money to clear an outstanding loan. The funds would also be used to cover the remainder of the club’s annual wage bill, rather than pursuing a potential takeover.
This development comes amid growing speculation involving former Lyon and Crystal Palace investor, John Textor. His potential involvement has added another layer of uncertainty to the club’s off-field situation.
Sheffield Wednesday played Coventry City at the weekend, but the game was not what caught the headlines, as it featured the latest round of fan protests in S6. Supporters once again voiced their frustrations toward chairman Dejphon Chansiri amid the club’s continuing instability.
Administration is around the corner for Sheffield Wednesday
Sheffield Wednesday’s future will only move in a positive direction if Dejphon Chansiri eventually accepts an offer for the club. However, given his firm stance on the asking price, that outcome currently seems unlikely.
Image courtesy of: ED SYKES/REUTERS.
As a result, administration is becoming an increasingly realistic possibility. Unfortunately, even that scenario may not bring relief, as Chansiri would still retain significant control over the club’s fate.
Much like Derby County’s situation a few years ago, Sheffield Wednesday’s troubles are complicated by the stadium sale to a separate entity, giving Chansiri a major say in any future takeover. This could mean a long road ahead for supporters, with the club possibly needing to take a step back to rebuild
More noise for Henrik Pedersen and his players to ignore
Despite the ongoing turmoil behind the scenes, the Owls had been unbeaten in three Championship matches prior to the weekend. However, that run came to an abrupt end with a crushing 5-0 defeat to league leaders Coventry City at Hillsborough on Saturday lunchtime.
New boss Pedersen, whose only additions so far are loanees Harry Amass and Ethan Horvath, has been tasked with a daunting job. Filling the void left by Danny Rohl was never going to be straightforward.
Ethan Horvath’s career in numbers – via Transfermarkt
After nine games, SWFC sit on six points with just one win, coming away at Portsmouth. Only local rivals Sheffield United sit below them going into the October international break.