• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Features

English Club Sheffield Wednesday Faces Uncertain Future After Administration and Point Deduction

3 weeks ago
in Features, highlights, Home, home-news, latest News, Lifestyle, Sports
1 min read
0 0
0
26
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

English Club Sheffield Wednesday Faces Uncertain Future After Administration and Point Deduction

Historic English soccer club Sheffield Wednesday’s future was cast into turmoil on Friday as the club entered administration due to ongoing financial troubles. The English Football League (EFL) confirmed that the club would incur a 12-point deduction as a penalty for this move, significantly impacting their standing in the league.

Founded in 1867, Sheffield Wednesday is one of the oldest clubs in English football and a former four-time champion. However, they currently compete in the second-tier Championship and now sit at the bottom of the 24-team league with a minus six points following the deduction.

Joint administrator Kris Wigfield announced that efforts were underway to find a new owner as swiftly as possible. This decision follows a challenging period under the ownership of Thai businessman Dejphon Chansiri, which has been marked by fan protests and league sanctions.

U.K. culture secretary Lisa Nandy expressed her concerns, stating, “For the fans, staff, and players of Sheffield Wednesday, this is an extremely worrying situation. Owners should be good custodians who act with their club’s best interests in mind, and clearly, in this instance, that has not been the case.”

The club has faced numerous challenges, including transfer fee restrictions for three windows and league charges regarding non-payment of player wages. The latest developments have been described by the EFL as an “opportunity to move matters toward a successful sale and secure future under new ownership.”

Fans have reacted with a mixture of sadness and cautious optimism. The Sheffield Wednesday Supporters’ Trust released a statement saying, “Today marks one of the most bittersweet days in our club’s proud 158-year history. Entering administration was the inevitable outcome of years of financial mismanagement… But we are overjoyed to have Dejphon Chansiri out of our club for good.”

RelatedPosts

The $100 Million Corruption Scandal Undermining Zelenskyy’s Presidency

Gold Price Falls 3% Amid Market Selloff

Dr Amin Adam Accuses Gov’t of “Trading Growth for Optics”; Warns 2026 Budget Risks Deepening Economic Stagnation

The club’s administration follows failed efforts to secure a sale to a credible buyer, with rising pressure from creditors pushing the club to this point. As a result of the EFL’s regulations, teams entering administration automatically lose 12 points, making relegation to the third tier of English soccer a looming possibility.

Historically, Sheffield Wednesday has been a staple in the top flight, boasting famous players like Chris Waddle and Paolo Di Canio. However, their last Premier League appearance was in 2000, and they have spent time in the third tier as recently as 2023.

Attendance figures have also dropped significantly, falling from an average of 26,000 to 17,000 this season amid fan unrest and boycotts of club concessions and merchandise. Wigfield emphasized the need for fans to return: “Now, more than ever, we need fans back in the ground — buying tickets, merchandise, pies, and pints. Every penny spent will go directly to supporting the day-to-day running of this club.”

Tags: English Club Sheffield Wednesday Faces Uncertain Future After Administration and Point Deduction

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

Dr Amin Adam Accuses Government of “Fiscal Deception”, Says 2025 Investment Cuts Cost Ghana $1.1bn in Lost Growth

After Pumping $8bn into FX Market, Cedi Should be GHS 8/$1 not Almost GHS 11/$1 – Former Finance Minister

Minority Warns of Rising Fiscal Risks as it Describes 2026 Budget as “Growthless And Jobless”

Deputy Finance Minister Backs Creation of Value for Money Office to Curb Waste, Inflated Project Costs

Ghana Stays on Track With IMF Targets as it Prepares to End its Bailout Strong

Senegal Becomes Latest African Economy to Slip into Debt Distress After IMF Talks Stall

Trending

Features

The $100 Million Corruption Scandal Undermining Zelenskyy’s Presidency

November 14, 2025

The $100 Million Corruption Scandal Undermining Zelenskyy's Presidency The central figure in the corruption scandal shaking Ukraine, Tymur...

Gold Price Falls 3% Amid Market Selloff

November 14, 2025

Dr Amin Adam Accuses Gov’t of “Trading Growth for Optics”; Warns 2026 Budget Risks Deepening Economic Stagnation

November 14, 2025

Dr Amin Adam Accuses Government of “Fiscal Deception”, Says 2025 Investment Cuts Cost Ghana $1.1bn in Lost Growth

November 14, 2025

After Pumping $8bn into FX Market, Cedi Should be GHS 8/$1 not Almost GHS 11/$1 – Former Finance Minister

November 14, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.