Stop Owling Around - Sheffield Wednesday's Dilemma

[PhilM]

Sheffield Wednesday: EFL increasingly concerned over financial crisis and fixture fulfilment

As Sheffield Wednesday's crisis deepens, concern for the club's future is growing.

www.bbc.co.uk

It looks as if Sheffield Wednesday, a club I've historically liked, could be on the brink of collapse.

They aren't paying staff wages, they have hardly any 1st team players (14), can't pay fees until January 2027 and may struggle to fulfil their fixtures.

 

[Alanbileysfeathercut]

It seems the current owner will sell .
But wants every penny he's outlaid back and some.
I feel the FA must get involved .

 

[Huyton Layne]

Has to be safeguards that kick in way before a team gets to this point. The league should be able to seize teams and sell them for a reasonable value to a vetted person if the owner stops paying bills and wages rather than just allowing player to hand their notice in. All that does is screw the club and not the owner.

 

[Ray Purchase]

Sheffield Wednesday: EFL increasingly concerned over financial crisis and fixture fulfilment

As Sheffield Wednesday's crisis deepens, concern for the club's future is growing.

www.bbc.co.uk

It looks as if Sheffield Wednesday, a club I've historically liked, could be on the brink of collapse.

They aren't paying staff wages, they have hardly any 1st team players (14), can't pay fees until January 2027 and may struggle to fulfil their fixtures.

Perhaps triple 7 can bail them out?

 

[Rita_Poon]

Bankrupt the club, hold him personally financially accountable for the lot, drop a division, phoenix the club, and bar him from any ownership of any business in the uk (including barring him from any board position anywhere, and not being allowed to be involved in any sport at all ever).

That'll wake him up some.

 

[PhilM]

Has to be safeguards that kick in way before a team gets to this point. The league should be able to seize teams and sell them for a reasonable value to a vetted person if the owner stops paying bills and wages rather than just allowing player to hand their notice in. All that does is screw the club and not the owner.

This was my take on it, purely for the integrity of both football and the competition/EFL because they've allowed a charlatan to slowly ruin the club.

I understand about ensuring the league doesn't provide them an advantage to one team, so as you say, seize them and sell at a fair market value.

Sheffield is a great city and Wednesday fans remain loyal to their club, regularly averaging over mid to high 20,000 fans.

 

[Alanbileysfeathercut]

Bankrupt the club, hold him personally financially accountable for the lot, drop a division, phoenix the club, and bar him from any ownership of any business in the uk (including barring him from any board position anywhere, and not being allowed to be involved in any sport at all ever).

That'll wake him up some.

It's not fair on the fans that.
But I can see the method behind it.

 

[The binman chronicles]

Very sad indeed. As it stands they won't be a league club for very long and Hillsborough which I presume is the only sellable asset, isn't going to be worth all that much. Given that, surely someone can talk some sense in to the owner to accept a low ball offer to walk away with something rather than pennies.

Not that he deserves it, I just want to see the club back in safe hands.

 

[Rita_Poon]

It's not fair on the fans that.
But I can see the method behind it.

The slow death of limbo is probably worse. Sooner the tick is cut out the body can recover. Another proper persons test failed. Well played fa. Again.