Administrators for Sheffield Wednesday have confirmed that the club and Hillsborough stadium will be marketed for sale “as a whole.” This is possible because owner Dejphon Chansiri placed both the club and the separate stadium company into administration simultaneously.
Joint-administrator Kris Wigfield called this “great news for supporters” as it keeps the club’s home and operations together. The move, however, triggered an immediate 12-point deduction from the EFL, plunging the Owls to -6 points at the foot of the table.
The club is now 15 points from safety, with relegation looming. The crisis stems from “significant loss for several years,” including a $pounds{}$1 million tax debt and repeated failures to pay wages, which led to a player exodus.
Manager Henrik Pedersen described the day as “sad” but also “good” for the club’s long-term future. He told staff a “fresh restart” was essential and that he remains hopeful of avoiding job losses.
The Supporters Trust, which had been working on a “fan-led takeover” to prevent liquidation, is now calling on fans to “re-engage.” After months of boycotts, they are asking fans to return to Hillsborough to provide “stability and income.”