‘Bizarre’ Sheffield Wednesday approach to transfer deals under Dejphon Chansiri

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Sheffield Wednesday have, to put it mildly, not had a good summer in the transfer market.

Owls fans have had to watch some of their stars depart the club for reduced fees or for free due to the ongoing financial crisis at Sheffield Wednesday.

Signings have become a major issue for the club this summer due to the transfer embargo that has been placed upon them, which is set to last three transfer windows.

Sheffield Wednesday’s recruitment team are working on targets, with the club getting a huge win in retaining the services of Barry Bannan as he signed a new contract.

Dejphon Chansiri has been looking to sell the club for a period; however, it has been reported that the fees he is demanding are staggeringly high for what prospective buyers think the club is worth.

This business approach may lead fans to question how he has approached player transfers, and there is an insight into how he deals in this department.

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Chris Powell explains Chansiri’s ‘bizarre’ transfer dealings

There is an understanding within football and all business that you need to attempt to get the best deal you can when there is another person or company interested in your assets.

Usually there is a need to be realistic to achieve a deal between two parties; however, Chris Powell has explained to the Sports Agents podcast that Chansiri made some ‘bizarre’ transfer decisions, which will have helped result in their current financial situation.

He said: “He doesn’t sell players. He keeps them to the end of contracts, and they walk away. He was holding out for money for Danny. He was offered money, didn’t take it.

“Danny was linked to all these clubs, but he didn’t speak to them. I think he [Chansiri] now thinks, ‘Well, now he’s gone, he hasn’t got anywhere to go, so I’ve won.’ That’s the way he would think. Oh, it’s bizarre, Mark. Really bizarre.

“We had a player last year, could have sold to Wrexham – I won’t say who it is – and he scored a goal. He [Chansiri] doubled the price.

“So, we told Wrexham, ‘Look, he’s going to cost this.’ And they said, ‘Okay, we’re thinking about it; we’ll get back to you.’ And then he said, ‘Oh no, we’ll double the price.’ And we’re like, ‘Why?’ ‘Well, he scored a goal; he’s worth more.’ Bizarre, really bizarre.”

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Transfer deficit of Sheffield Wednesday

Sheffield Wednesday fans did witness a fair bit of investment from Chansiri when he first took over the club in January 2015, with the aim of reaching the Premier League.

This ambition never materialised, and the transfer dealings of the club soon came into question regarding signings and departures.

As Chris Powell pointed out, the club and Chansiri had some bizarre tactics when it came to transfer business, with the club losing £33 million regarding this business.

These figures have been taken from the last 10 seasons, ignoring the first transfer window in January 2015, which Chansiri spent heavily in, with figures coming from Transfermarkt.

While £33 million may not be considered a major loss to many Premier League clubs, it is a significant investment in the second tier.