EFL increasingly concerned about Sheffield Wednesday finances

Sheffield Wednesday's financial crisis is deepening

The English Football League is increasingly concerned about Sheffield Wednesday's financial situation and their ability to fulfil their opening Championship fixture, the BBC has been told.

The Owls are in a deepening financial crisis under the ownership of Thai businessman Dejphon Chansiri, including late payments to HMRC, multiple failures to pay the wages of players and staff members, and rising debts.

This week the club have lost multiple first-team players who have exercised their right to exit their contracts, as well as parting ways with manager Danny Rohl and closing the North Stand of its Hillsborough stadium over safety concerns.

Their Championship season is due to kick off on 10 August, but the club has a first-team squad of only 14 players, with more set to depart.

The BBC has also learned that:

• Some staff members have been struggling to pay their bills because of the late payment of salaries

• Players are refusing to play, leading to the cancellation of a pre-season fixture against Burnley and a risk that the opening league fixture against Leicester City is called off

• Players have been informed they will have to pay for their own hotel rooms if they wish to stay overnight before upcoming away matches

One player, speaking anonymously, told the BBC that players have been left in the dark by the club and have been given no information about what the future holds for them.

Wages were paid late in March, May and June, and earlier this week players were warned that July's payments were to be delayed too.

Once players receive late payment in two consecutive months, they are entitled to hand in their notice, effectively ending their contract immediately and rendering them free agents.

BBC Sport understands English full-back Max Lowe is the latest to exercise that option, with multiple others considering following suit.

The club website currently lists 16 senior players, but one of those is Lowe, and another is former captain Barry Bannan, whose contract expired earlier this summer and is expected to finalise a transfer elsewhere imminently.

Wednesday are also currently unable to pay transfer fees for players in the next three windows because of an embargo put in place over late payments of fees owed to other clubs.

The club and Chansiri were charged by the EFL for breaching its rules at the beginning of June over the non-payment of wages. Those cases have not yet been heard as written submissions are still being worked through.

Sheffield Wednesday have been contacted for comment.

Dejphon Chansiri purchased Sheffield Wednesday from former owner Milan Mandaric for £37.5m in 2015

The club's situation has been described as "shocking" and "not tolerable" by Maheta Molango, the head of the Professional Footballers' Association (PFA).

It is understood the PFA is supporting the club's players regarding their legal and contractual rights and understanding the mechanisms available to them in cases of breaches.

Chansiri has been criticised in recent years by fans, who have demanded he sell the club.

In June, Chansiri claimed to have rejected two separate bids for the club from potential buyers, worth £30m and £40m respectively.

He said: "I take full responsibility for being unable to fulfil my current obligations, but a further obligation I have is to ensure that if the club is sold, it is sold to the right people with the right credentials who can sustain Sheffield Wednesday and take the club forward."

Sheffield South East MP and lifelong Wednesday fan Clive Betts previously accused Chansiri of holding it "hostage", adding: "He must accept that he needs to sell Wednesday to prevent the complete collapse of the club… we as fans deserve better."

Chansiri has regularly clashed with fans and in 2023 told supporters "you have no right to ask me to leave".

In a statement released this summer, Sheffield Wednesday Fans' Trust told Chansiri: "You are the one killing the joy of supporting a football club for tens of thousands of people.

"Stop blaming others and take responsibility. You are killing the club, not saving it."

Sheffield Wednesday fans have conducted a variety of protests against Dejphon Chansiri's running of the club

This week Sheffield City Council issued a prohibition notice for Hillsborough Stadium in respect of the North Stand. It prevents spectators from entering the stand until the specified work to resolve the issue has been completed.

During two recent Safety Advisory Group meetings the club was told a safety certificate for the North Stand would not be renewed without renovation work taking place.