Dejphon Chansiri made a ‘promise’ to Sheffield Wednesday fans after takeover was completed, it’s now laughable

Add as preferred source on Google

Sheffield Wednesday are in the midst of yet another crisis brought about under the ownership of Dejphon Chansiri.

Dejphon Chansiri has been Sheffield Wednesday owner for just over a decade now, buying the Owls in January 2015.

Right now, the club are on the EFL’s embargo list after failing to pay wages for the second time in less than a year.

Backroom staff have now received their payments, but at the time of writing, players remain unpaid.

The reality of the dire financial mismanagement has begun to set in, with administration an option for Sheffield Wednesday.

This is a far cry from what Chansiri was promising Owls supporters all the way back in 2015.

Dejphon Chansiri ‘promise’ to Sheffield Wednesday fans after takeover

Chansiri led a Thai consortium that secured a 100 percent stake in Sheffield Wednesday on January 29, 2015.

Milan Mandaric had spent the previous five years in charge before the takeover.

After the deal was done, Sheffield Wednesday’s new owner waxed lyrical about his ambitions and promised to return the club to the top flight.

He said, as per BBC Sport: “I am very excited at the prospect of taking over control from Milan.

“I believe this club has huge potential and I can assure all our supporters that I will be working extremely hard to bring the success that I already sense from my short time in your city our supporters so desperately crave.

“My son Att, who was a mascot at the recent Blackpool game, is passionate about football and I know will be my inspiration in this project.

“I have made the same promise to him as I do our supporters, he will not let me forget this until we are back in the Premier League.”

Sheffield Wednesday takeover update

A potential takeover of the club remains possible, with Adam Shaw having a £55 million bid rejected by Chansiri recently.

It has also been reported that bids of around £160 million for Sheffield Wednesday have been knocked back by their current owner.

Saudi Arabian investment in Wednesday is another avenue that could be explored, but the real issue stopping a sale appears to be Chansiri’s valuation.

One finance expert believes Sheffield Wednesday are worth £70m-£85m, though the Thai businessman is thought to want over £100m.