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The damage of Sheffield Wednesday’s disastrous summer has been recorded as the Owls’ first-team squad value takes a concerning hit.
Sheffield Wednesday owner Dejphon Chansiri has been hit with a villain status as many fans turn towards him as the culprit over a shambolic summer for the football club.
After recording a respectable 12th-placed finish under the stewardship of young and ambitious coach Danny Rohl, the Owls’ steady progress was ripped up after several first-team players departed the club.
Sheffield Wednesday first-team players, along with staff, were plunged into darkness with uncertainties over their wages, which saw Chansiri fail to pay those at the club on time on several occasions.
After the accumulation of issues that have plagued Sheffield Wednesday this summer, the uphill challenge that Henrik Pedersen faces is made even more gruesome when reflecting on the change in the Owls’ first-team squad’s market value.
Sheffield Wednesday first-team market value takes significant plunge
According to Transfermarkt, Sheffield Wednesday’s squad has unsurprisingly taken a plunge, going from an estimated £32m value to just £16.88m.
When comparing to the end of last season, Sheffield Wednesday’s market value has dipped 47.4%.
Recently-relegated Premier League clubs often lead the way with the unwanted stat of a dip in market value, but the Owls have outdone Leicester City, Southampton, and Ipswich Town, who ranked 2nd, 3rd, and 4th worst, respectively.
The closest any team that was also in the Championship comes to Sheffield Wednesday is Blackburn Rovers, who have suffered 28.1% decrease.
Sheffield Wednesday’s squad value sits at second-bottom of the Championship, only ahead of recently-promoted Charlton Athletic.
Transfermarkt also estimates that Sheffield Wednesday’s squad value now is lower than it was ahead of the 2021/22 League One season.
Market value drop makes Dejphon Chansiri valuation even more ludicrous
Dejphon Chansiri has valued Sheffield Wednesday at £100m, a decision that financial expert Kieran Maguire believes was made ‘without merit and has no logical backing’
If the myriad of issues looming over the club weren’t enough, whether it be the current state of Hillsborough or the transfer fee ban that is set to affect Sheffield Wednesday, the value of the Owls’ squad further emphasises the lunacy behind such a valuation.
As things stand, the end of Chansiri’s tenure at Sheffield Wednesday sees no end. The owner has previously said that he would only sell to someone who can take the club forward, but he himself is preventing that by pricing out anyone with an ounce of business acumen.