Crisis club Wednesday enter administration

OWLS HIT WITH 12-POINT DEDUCTION BY EFL

- By JAMIE GARDNER

SHEFFIELD Wednesday have announced they have entered administration, with the EFL confirming the club have been docked 12 points immediately.

The Owls, whose financial difficulties have been well documented in recent months, issued a statement yesterday afternoon announcing the appointment of administrators.

The EFL followed with a statement of its own which confirmed the 12-point sanction for entering administration but pointed out the process “presents Sheffield Wednesday with the opportunity to move matters towards a successful sale and secure future under new ownership’.

Wednesday said they had appointed insolvency firm Begbies Traynor as administrators, with Dejphon Chansiri’s controversial ownership of the club now over. The club said appointing administrators had followed “significant efforts to agree a sale to a credible future custodian in recent weeks which unfortunately could not be concluded and amid rising pressure from creditors”.