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Sheffield Wednesday - Into Administration (p44)

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Comments

  • fenaddick
    fenaddick Posts: 11,389
    Ultimately would be a good thing, they'd finally get the points deduction but more importantly someone can step in and stop the club going under
  • fenaddick said:
    Ultimately would be a good thing, they'd finally get the points deduction but more importantly someone can step in and stop the club going under
    Who will pay for Barry Bananas hair transplants now?
  • aliwibble
    aliwibble Posts: 26,472
    Fyffes?
  • fenaddick said:
    Ultimately would be a good thing, they'd finally get the points deduction but more importantly someone can step in and stop the club going under
    This appears to be the stance most of their fans are taking. Administration is never a good thing but in this case it gets rid of him so the points deduction is a price worth paying for a team that are going down anyway.

    However..........a separate company of his owns Hillsborough so he'd still retain ownership of that and would be their landlord.
  • Zulu
    Zulu Posts: 134
    Ben Bloom reporting they are going into admin. today also . What would this actually mean in terms of points?
  • fenaddick
    fenaddick Posts: 11,389
    Zulu said:
    Ben Bloom reporting they are going into admin. today also . What would this actually mean in terms of points?
    Automatic 10 points I think
  • Zulu
    Zulu Posts: 134
    fenaddick said:
    Zulu said:
    Ben Bloom reporting they are going into admin. today also . What would this actually mean in terms of points?
    Automatic 10 points I think
    BB just said minus 12
  • SantaClaus
    SantaClaus Posts: 7,673
    fenaddick said:
    Zulu said:
    Ben Bloom reporting they are going into admin. today also . What would this actually mean in terms of points?
    Automatic 10 points I think
    But for which season?
  • fenaddick
    fenaddick Posts: 11,389
    fenaddick said:
    Zulu said:
    Ben Bloom reporting they are going into admin. today also . What would this actually mean in terms of points?
    Automatic 10 points I think
    But for which season?
    Pretty cut and dry it's this one now as it applies straight away, none of that rubbish from 19/20
  • Zulu
    Zulu Posts: 134
    fenaddick said:
    Zulu said:
    Ben Bloom reporting they are going into admin. today also . What would this actually mean in terms of points?
    Automatic 10 points I think
    But for which season?
    tbh, i dont think it really matters - certainly looks like they will be relegated this season whatever happens.

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  • Stig
    Stig Posts: 29,079
    Zulu said:
    fenaddick said:
    Zulu said:
    Ben Bloom reporting they are going into admin. today also . What would this actually mean in terms of points?
    Automatic 10 points I think
    But for which season?
    tbh, i dont think it really matters - certainly looks like they will be relegated this season whatever happens.
    If I was a Wednesday fan, I'd be thinking 'hope it's now'. If it's next season, they could have a double relegation on their hands. 
  • fenaddick
    fenaddick Posts: 11,389
    Sounds like it was the tax bill that did it

    https://x.com/MikeKeegan_DM/status/1981657984162836555
  • CAFC_boi
    CAFC_boi Posts: 282
    Now confirmed they have filed for administration. 
  • benjest1989
    benjest1989 Posts: 390
    Think Chansiri separated the ground from the club also 
  • killerandflash
    killerandflash Posts: 69,956
    Curious why the owner has dragged things out for so long, not accepting any offer, only to then not pay this tax bill.

    It'll bring things to a head at least. Wednesday were always going to be relegated anyway,  so not the most significant points deduction. 
  • Curious why the owner has dragged things out for so long, not accepting any offer, only to then not pay this tax bill.

    It'll bring things to a head at least. Wednesday were always going to be relegated anyway,  so not the most significant points deduction. 
    He reportedly turned down 40m in the summer. God only knows what he'll end up getting now.
  • Addick Addict
    Addick Addict Posts: 39,883
    Given Wednesay's plight, we were always competing not to be one of the other two clubs to be relegated. We are by no means safe but who would have thought, at this stage of the season, that we would actually be in the play offs and looking the other way?
  • moutuakilla
    moutuakilla Posts: 7,584
    Imagine he'll be holding out for an overly inflated price for Hillsborough. Like someone we know 

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  • Chizz
    Chizz Posts: 28,348
    Curious why the owner has dragged things out for so long, not accepting any offer, only to then not pay this tax bill.

    It'll bring things to a head at least. Wednesday were always going to be relegated anyway,  so not the most significant points deduction. 
    He reportedly turned down 40m in the summer. God only knows what he'll end up getting now.
    He won't get anything
  • killerandflash
    killerandflash Posts: 69,956
    Imagine he'll be holding out for an overly inflated price for Hillsborough. Like someone we know 
    Good point. Even if buying the club costs new owners peanuts, he still owns the stadium via a separate company I assume. 
  • CafcWest
    CafcWest Posts: 6,180
    edited October 24
    Officially announced.  Sad for any club!

    https://www.bbc.co.uk/sport/football/articles/c1lqmmml533o
  • Chizz said:
    Curious why the owner has dragged things out for so long, not accepting any offer, only to then not pay this tax bill.

    It'll bring things to a head at least. Wednesday were always going to be relegated anyway,  so not the most significant points deduction. 
    He reportedly turned down 40m in the summer. God only knows what he'll end up getting now.
    He won't get anything
    He will get something as he's listed as a creditor. It won't be much though.

    There's reports that 'Sheffield 3' which is the name of Chansiri's company who own the stadium have also gone into administration as well. So not sure if this now means someone can get both the club and the stadium cheaply.
  • shirty5
    shirty5 Posts: 19,247
    12 point deduction and will be 15 points away from safety. Excellent news for the other 23 clubs in the championship but from a human perspective you have to feel for those innocent members of staff who will possibly be without work cause of the actions of the owner at that football club 
  • JustFloydRoad
    JustFloydRoad Posts: 1,649
    shirty5 said:
    12 point deduction and will be 15 points away from safety. Excellent news for the other 23 clubs in the championship but from a human perspective you have to feel for those innocent members of staff who will possibly be without work cause of the actions of the owner at that football club 
    As a football fan I feel for them, and the group up where I was were clapping their players off due to this fact.

    The reason that BB is one of their most loyal players doesn’t help matters.

    From a Charlton perspective this has written off any grief I’ve had about them (from my experience) so I move on from that (especially after the season we have been having)!
  • Diebythesword
    Diebythesword Posts: 329
    edited October 24
    There but for the grace of god. 

    I hope this is the dark moment before the dawn for Wednesday. 

    Although I still hope Bannan doesn’t get paid.
  • iainambler
    iainambler Posts: 964
    shirty5 said:
    12 point deduction and will be 15 points away from safety. Excellent news for the other 23 clubs in the championship but from a human perspective you have to feel for those innocent members of staff who will possibly be without work cause of the actions of the owner at that football club 
    As a football fan I feel for them, and the group up where I was were clapping their players off due to this fact.

    The reason that BB is one of their most loyal players doesn’t help matters.

    From a Charlton perspective this has written off any grief I’ve had about them (from my experience) so I move on from that (especially after the season we have been having)!

    We should be the bigger and better club/fans here - just because some of the fans and BB have been tossers about our own previous predicaments doesn’t mean we should be like that to them. 

    No fans or players deserve this kind of treatment. Hurl contempt at Chansiri for his actions or the FA for not having enough teeth to deal with this kind of situation formally. 

  • fenaddick
    fenaddick Posts: 11,389
    Glad he’s also put the stadium company into admin, just hope the administrators are sensible and sell the assets and club together 
  • fenaddick said:
    Glad he’s also put the stadium company into admin, just hope the administrators are sensible and sell the assets and club together 
    If they aren’t I won’t be surprised if there will be government intervention on that.