Sheffield Wednesday players face a wait of up to another month as the club is placed in administration, raising concerns about unpaid salaries. The 27,000-strong fanbase demonstrated their support with a 22% increase in attendance at Saturday's match against Oxford United, but it appears that wages may still be delayed.
Administrator Begbies Traynor has appealed for fans to continue to dig deep into their pockets and for firms with contracts with the club to pay bills promptly. The priority is to ensure sufficient funds are available to meet the club's obligations, including paying "football creditors" such as players and staff.
The EFL rules dictate that player contracts must still be honoured in full despite administration, and arrears can be claimed once the club exits administration. Sheffield Wednesday has repeatedly paid late for the last six months, resulting in expected sanctions from the EFL, which could include further points deductions on top of the 12 already subtracted.
The administrators are hopeful that the club can be sold quickly to new owners, with 'four or five' serious bidders interested. The priority is to stabilise operations and ensure incoming revenue streams so that Sheffield Wednesday can continue to pay bills, including player and staff wages.
Sheffield Wednesday captain Barry Bannan described administration as a "huge relief" after months of uncertainty, but the club still faces significant challenges in its future.
Administrator Begbies Traynor has appealed for fans to continue to dig deep into their pockets and for firms with contracts with the club to pay bills promptly. The priority is to ensure sufficient funds are available to meet the club's obligations, including paying "football creditors" such as players and staff.
The EFL rules dictate that player contracts must still be honoured in full despite administration, and arrears can be claimed once the club exits administration. Sheffield Wednesday has repeatedly paid late for the last six months, resulting in expected sanctions from the EFL, which could include further points deductions on top of the 12 already subtracted.
The administrators are hopeful that the club can be sold quickly to new owners, with 'four or five' serious bidders interested. The priority is to stabilise operations and ensure incoming revenue streams so that Sheffield Wednesday can continue to pay bills, including player and staff wages.
Sheffield Wednesday captain Barry Bannan described administration as a "huge relief" after months of uncertainty, but the club still faces significant challenges in its future.
. This admin thingy is just a smokescreen for what's really going on. I mean, 22% increase in attendance at their match? That's suspiciously high if you ask me 
. It's like they're trying to distract us from the real issue: unpaid wages! 
What if this is all just some clever PR move to calm the fans down while the real deal goes on behind the scenes?
. This whole thing feels like a carefully crafted narrative to keep us from asking too many questions... 
... and then there's this huge rush to sell the club, but what about the players who are still getting paid late? Isn't that kinda shady? And what about all those points deductions the EFL is threatening? Sounds like a trap to me. The fans are showing support by going back to the stadium, but I'm not buying it (no pun intended). There's gotta be more to this story than meets the eye 
. It's like, fair enough, the EFL rules are in place for a reason, but still, it's tough on the fans who already know what it means to go through this kinda stuff 
. I'm keepin' fingers crossed that whoever buys the club next is gonna sort 'em out and give the lads their dues 
The road to recovery is long and arduous, but with determination and support from all corners, even the darkest of times can be turned into opportunities for growth 
. The fans' unwavering backing will surely play a pivotal role in guiding Sheffield Wednesday through this turbulent period 
they gotta get their finances sorted ASAP or else it's gonna be a disaster for the players and staff 
fans are showing great support by increasing attendance but let's hope the admins can sell the club quickly and new owners come in who know what they're doing 
their team is literally fighting for survival. like 22% increase in attendance is amazing tho! 
I feel like I'm always the last one to know about stuff that's been going on for weeks. So Sheffield Wednesday is having admin issues? Not surprised, they've been paying late for ages and it's not ideal for the fans who deserve better. 
Still a huge shame for the players though - can't believe they won't get paid on time. Hopefully these new bidders come in soon and sort things out tho 
️.
. The fans are already showing incredible resilience by turning up in big numbers, but the players need that financial stability too 
. Fingers crossed everything works out for them 
The fact that they're hoping to sell the club quickly is great I guess, but how about paying those who already earned their money? It's been 6 months of late payments, that's not a joke! And now they're appealing for more donations from fans, like what? 
️. And don't even get me started on the EFL's 'sanctions'... like that's going to make a difference 
. This whole thing is just a nightmare for everyone involved 
.