A huge revelation has come after Dejphon Chansiri’s statement to Sheffield Wednesday supporters.

 

How much money Dejphon Chansiri needs to pay the bills at Sheffield Wednesday revealed

 

Dejphon Chansiri at Sheffield Wednesday

A huge revelation has come after Dejphon Chansiri’s statement to Sheffield Wednesday supporters.

 

It has become clear that the Owls chairman needs a staggering £5m to pay the wages that are still left outstanding.

 

Staggering £5m hole in Sheffield Wednesday finances

Journalist Alan Nixon took to his Patreon account to reveal that Owls’ owner Chansiri is looking for £5m in the way of a deposit from potential buyers in order to pay the bills at Hillsborough.

 

Nixon wrote: “Chansiri needs the cash to pay the outstanding wages and the next month’s payroll.”

 

Dejphon Chansiri

This comes after the latest failed attempt to buy the club from an American consortium, with Chansiri placing blame on the prospective buyers.

 

Sheffield Wednesday’s 2024/25 season

 

Position

 

Games

 

Wins

 

Draws

 

Losses

 

GD

 

Points

 

12th

 

46

 

15

 

13

 

18

 

-9

 

58

 

Chances of a hefty windfall coming from coach Danny Rohl moving on seem unlikely, with the Sheffield Star reporting that a compromise is being sought that would allow the German to move on from the club before impacting the start of the 2025/26 Sky Bet Championship season.

 

How much that will cut the believed large compensation fee that Wednesday would be owned is Rohl exited the club for another remains to be seen.

 

A sale could be made at discounted price

Chansiri had originally sought a valuation of £150m for Wednesday, but a cut-price deal could now be struck with the Thai businessman desperate to sell the club and secure the deposit he needs to settle the un-paid wages.

 

Journalist Nixon also reported that the only other methods by which Chansiri could raise money is from payments courtesy of the EFL and Premier League. He noted that the sums would likely be under £1m, therefore not reaching the full amount of payments Wednesday need to make in order to cover the salary costs.

 

Chansiri Out Protest

There remains a chance that the EFL will bypass sending money to Chansiri and instead pay the affected players directly, as has happened with other clubs in similarly troubled positions.

 

Nixon summarised: “The only way Chansiri can find a big chunk of cash is from a prospective buyer.”

 

Sheffield Wednesday training ground update

 

Wednesday owner Chansiri has been the subject of repeated calls to sell by supporters of the Steel City club, and released a statement via the Owls’ website on Thursday, June 26.

 

He said: “The last thing I wanted to do was cause issues for our people so I said I was happy to talk with the condition of a deposit of £5m as a downpayment for the club in advance because I was yet to see any proof of funds.”

 

The Wednesday chief repeated that it is prepared to sell the club, but that a deal would need to be “correct on all fronts.

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