The sharp deterioration of Sheffield Wednesday, which began with the summer exits of manager Danny Röhl and key players over unpaid wages, has culminated in administration. The club has been docked 12 points, leaving them on -6, 15 points from safety.
The club has been in crisis for months, starting the season with just 15 first-team players and failing to pay wages on time in five of the last seven months. Owner Dejphon Chansiri finally placed the club into administration as a $pounds{}$1 million HMRC debt and winding-up petition loomed.
This “bittersweet” day marks the end of Chansiri’s reign, a moment fans are “overjoyed” about. Seats bearing his name were removed from Hillsborough as a symbol of the “reset.”
Manager Henrik Pedersen, who took over in the midst of the chaos, called it a necessary “fresh restart.” He told “emotional” staff that he sees a “bright future” despite the “sad situation.”
Begbies Traynor, the administrator, is now seeking a “swift sale” of the club and stadium. The Supporters Trust is urging fans to end their boycotts and provide the “stability and income” the club needs to “rebuild from the ground up.”
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