LIVE
...

Follow us on

News

EFL receive Dejphon Chansiri letter after ‘issues raised’ with Sheffield Wednesday takeover

Add as preferred source on Google

The problems at Sheffield Wednesday remain plentiful and the EFL have now been sent a letter regarding a potential sale of the club.

Former player Barry Bannan has spoken out on the crisis this week, as he continues to train with the club despite being out of contract.

Danny Rohl has left Sheffield Wednesday ahead of the new campaign, along with top stars such as Josh Windass.

The ongoing exits come amid takeover interest in Sheffield Wednesday, but Dejphon Chansiri has been reluctant to sell unless he gets what he wants.

 Chansiri is still demanding £100m for Sheffield Wednesday, a valuation that will not be met, and the EFL have now been sent a letter regarding the sale and future of the Owls.

Sheffield Wednesday owner Dejphon Chansiri
Photo by Michael Regan/Getty Images

EFL sent Sheffield Wednesday takeover letter

The Sheffield Wednesday Supporters’ Trust have now confirmed this week that the EFL have been sent a letter from themselves and numerous MPs.

All six Sheffield MPs, and Lord David Blunkett, have co-signed and issued the letter, seeking answers to ‘issues raised’ following a meeting on July 24.

Among the questions that need answering are the funding of Sheffield Wednesday by Chansiri.

There are also concerns over the Yorkshire outfit not being able to fulfil fixtures due to their threadbare squad.

Numerous questions about a takeover of the club have also been asked and can be read in full below.

Can Dejphon Chansiri be forced to sell Sheffield Wednesday

An independent regulator was introduced in the House of Commons recently to address financial problems with EFL clubs.

However, in the case of Wednesday, the new regulators may have come too late to help their crisis.

Speaking exclusively to EFL Analysis, Kieran Maguire has commented on a ‘forced sale’ of Sheffield Wednesday, but explained it’s probably too late.

He said: “My understanding is that if there is a breach of the IFR owners’ and directors’ test for an incumbent owner, that can trigger further investigations. Because it has statutory backing, the opportunity to have some form of forced sale does exist

“In the case of Chansiri, I think it’s probably a case of it being too late. The reason I say that is that we have not yet had the chair of the regulator confirmed.

“The football governance bill did have cross-party support all the way through its initiation, but it’s now become part of the culture wars.

“We have a significant number of Conservative and Reform MPs against it. This is going to slow down the process in terms of A) appointing the chair and B) the chief executive. The chief executive comes from a regulatory background, which makes sense. That is someone who can apply the rules.

“In terms of investigating an owner, the audit trail often comes to a dead end when you’re looking into overseas territories – and that can make it difficult or even impossible to prove anything conclusively as opposed to an owners’ funding situation.”