Sheffield Wednesday - players and staff paid late 2 months in a row (p7)

Less than a month to go until the start of season and still no points deduction for them and other transgressors. The EFL really isn't fit for purpose.

I hope they get taken over as it is terrible when clubs go out of bussiness. We are all football fans and find a way to hate each other when we have a lot in common. Yes, Sheffield Wednesday have a lot of bellends as fans, but so do all clubs, including ourselves. I hate Palace and Millwall because that is my job as a Charlton fan but I do know some very decent Palace and Millwall fans.

It is difficult to see a take over completing before the end of the transfer window so they are going down this season. But they can come back if it happens rather than disappear.

I think The EFL are giving Wednesday as much time as possible to try and get a meaningful sale negotiation underway before the season starts. I don’t see though how financial guarantees would be forthcoming from a buyer until DD is complete which isn’t going to happen between now and August 9th. Unless of course a lot has been going on with a sale in complete secrecy which seems unlikely. Hard not to see a points deduction being given and I guess the question is just how big. Twelve is my guess. The bigger question is when do The EFL demand guarantees as to finances enough to complete the season. If the club remains in the hands of the current owner it’s hard to see such guarantees being made or believed. A lot to happen all in four weeks unless of course The EFL bottle it and allow Wednesday to start the season without the money to complete it. 

Looking like Gassama is on his way to Rangers. Probably on a knock down fee so that Chansiri has a few quid to stop some of the players who have handed in their notice from leaving for nothing. 

Talk of Americans in talks with Chansiri which is good news for them but time is against saving this season I would think. 

stoneroses19 said:

Chris_from_Sidcup said:

MuttleyCAFC said:

I hope they get taken over as it is terrible when clubs go out of bussiness. We are all football fans and find a way to hate each other when we have a lot in common. Yes, Sheffield Wednesday have a lot of bellends as fans, but so do all clubs, including ourselves. I hate Palace and Millwall because that is my job as a Charlton fan but I do know some very decent Palace and Millwall fans.

It is difficult to see a take over completing before the end of the transfer window so they are going down this season. But they can come back if it happens rather than disappear.

I think a sale has to happen by then as Chansiri can't/won't fund them any further and he will lose out on any remaining value left in the club. He has to accept a deal in the next few weeks.

Any potential new owner would be crazy to jump in quick and buy the club within weeks. It's highly likely Chansiri has done dodgy things over the year that are hidden in the accounts etc.

Agreed. I guess in some cases you could potentially do due diligence in a month, but with Chansiri who knows how many rabbit holes you're going to have to go down to get to the bottom of their finances, so it will likely take a lot longer for sure.

Even if a deal was agreed today, they'd have just under 8 weeks to complete DD, get approved by the EFL, clear the debts and then make signings. Seems a pretty tough task.

charltonbob said:

ShootersHillGuru said:

Talk of Americans in talks with Chansiri which is good news for them but time is against saving this season I would think. 

Hank Southall 

And his lawyer, Charles Farnell III 

Chris_from_Sidcup said:

stoneroses19 said:

Chris_from_Sidcup said:

MuttleyCAFC said:

I hope they get taken over as it is terrible when clubs go out of bussiness. We are all football fans and find a way to hate each other when we have a lot in common. Yes, Sheffield Wednesday have a lot of bellends as fans, but so do all clubs, including ourselves. I hate Palace and Millwall because that is my job as a Charlton fan but I do know some very decent Palace and Millwall fans.

It is difficult to see a take over completing before the end of the transfer window so they are going down this season. But they can come back if it happens rather than disappear.

I think a sale has to happen by then as Chansiri can't/won't fund them any further and he will lose out on any remaining value left in the club. He has to accept a deal in the next few weeks.

Any potential new owner would be crazy to jump in quick and buy the club within weeks. It's highly likely Chansiri has done dodgy things over the year that are hidden in the accounts etc.

Agreed. I guess in some cases you could potentially do due diligence in a month, but with Chansiri who knows how many rabbit holes you're going to have to go down to get to the bottom of their finances, so it will likely take a lot longer for sure.

Even if a deal was agreed today, they'd have just under 8 weeks to complete DD, get approved by the EFL, clear the debts and then make signings. Seems a pretty tough task.

Chansiri is more slippery than an ice rink.  He no doubt has a lot of 'hidden extras' in the cupboard.

ShootersHillGuru said:

West2003 said:

Danny Rohl set to return.

https://www.bbc.co.uk/sport/football/articles/cp3k7klye1xo

Implies that a sale is very much on the cards. 

Indeed it does.

I imagine it will be all done & dusted by the end of the month, a whole load of players signed before the transfer window shuts & SW end up safe in mid table.

Todds_right_hook said:

I hope any sale falls through. Their fans are the worst by far. Every single one of them seems to be up for fighting all and sundry. I’ve had conversations with Leeds and Birmingham fans but Sheffield Wednesday are a different scummy breed.

Universally disliked in Yorkshire.

Todds_right_hook said:

I hope any sale falls through. Their fans are the worst by far. Every single one of them seems to be up for fighting all and sundry. I’ve had conversations with Leeds and Birmingham fans but Sheffield Wednesday are a different scummy breed.

The last time I posted to say they weren't all bad, I was accused of being positive about them, reprimanded for non attendance of games, and told I was thick. So I'll say I agree 100%. All bad to the bone. Good riddance 😉

IdleHans said:

My impression of them is not positive, and furthermore I seem to be in a minority that thinks Hillsborough is a shitty ground.
I hope Roln's return gives them false hope.

It's looking a bit tired and probably in need of the odd repair and lick of paint like most grounds do over the years. Fair to say even The Valley has looked a bit tired in recent times and still does in some parts but do you don't host FA Cup Semis and Euro 96 games for being a shitty ground.

IdleHans said:

My impression of them is not positive, and furthermore I seem to be in a minority that thinks Hillsborough is a shitty ground.
I hope Rohl's return gives them false hope.

I think Hillsborough is a wonderful stadium with a fantastic atmosphere when it's full . The problem is that it's now falling apart. 
As for their fans - Proper scummy. 

I suspect they are fucked. Labour looking like it’s going to introduce a 2% wealth tax on assets of £10 million or more could well put the kibosh on buying a football club. Imagine owning a a club valued at £50 million that not only doesn’t pay any dividends but also actually costs you a small fortune to keep going each year and then being told you owe HMRC 2% of the the value of the asset. I doubt any club will get sold until there is more clarity of that particular tax.