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Things are going from bad to worse at Sheffield Wednesday, with the EFL continuing their sanctions on the Owls.
Sheffield Wednesday have dominated Championship headlines for several months amid their ongoing financial crisis.
Throughout the summer transfer window, the mismanagement of owner Dejphon Chansiri led to several high-profile players departing, with only Ethan Horvath and Harry Amass arriving on loan due to the Owls’ transfer fee restrictions.
Sheffield Wednesday are under a two-window transfer fee ban, but the situation has now worsened in S6.
Sheffield Wednesday now under third EFL embargo
Earlier this month, Sheffield Wednesday were hit with a double embargo, not just encompassing a fee restriction but a full embargo.
This time, for Regulation 16.21.8, which regards ‘Future Financial Information’, while the second is P&S Rule 2.10.3, pertaining to ‘Secure Funding’.
These issues, which appear to concern Chansiri’s ability to fund the football club moving forward, have now been worsened by the latest embargo.
Now, the EFL’s embargoes section has added to that with a third embargo relating to HMRC reporting, under ‘Regulation 17.3 – HMRC Reporting’ for Sheffield Wednesday.
Previously, Sheffield Wednesday were punished for unpaid tax bills to HMRC, and now issues with reporting to that body have arisen once again due to Chansiri.
This latest Owls fiasco is another blow in a horrific summer at Hillsborough, and one local Sheffield Wednesday reporter has put a clear question to Chansiri.
Dejphon Chansiri asked ‘why cling on?’ at Sheffield Wednesday
Amid the ongoing crisis, Sheffield Wednesday fans have protested Chansiri amid their efforts to force him out of the club.
As well as the Owls fans, skipper Barry Bannan has scrutinised Chansiri on national media, and with the latest embargo hitting the club, the Thai owner’s position is nothing short of untenable.
As a result, BBC Sheffield reporter Rob Staton has asked a simple question, ‘why?’.
He told BBC Sport: “If you can’t pay the bills, and if everybody wants you out, and all your existence is currently is a bunch of Wednesday fans demanding for you to go constantly, endless negative headlines, national newspapers, national media doing pieces on the TV and the radio and the newspapers all saying what a terrible job you’re doing, why would you want to carry on?
“There’s no reason to cling on, for what? Oh well might as well wait till next year because I’ll get the same price next year.
“Where’s the enjoyment between now and next June to warrant clinging on?
“There’s only two ways for this to go. You either have the money, present a plan that people can get behind, communicate, get people on board, fix the issues at the club, and then maybe you’ll be given the benefit of the doubt.
“I doubt it because of what’s happened over the last few months, and pay everybody on time. Or you sell. They’re the only two solutions now.
“Kind of just not saying anything, having the monthly wondering what’s going on, and then not paying people potentially again this month, which is the fear now because of the embargoes and everything… That’s not a future for anybody.”