The English Football League (EFL) is apparently in “advanced discussions” with Sheffield Wednesday owner Dejphon Chansiri about selling the club. The Owls have recently faced a number of issues, including repeated EFL punishments for financial malfeasance, such as delayed wage payments to players and staff.
For the third time in July, salaries were not paid on schedule, prompting players to boycott a behind-closed-doors friendly against Burnley last Saturday.
This raised concerns within the EFL that the club might be unable to play in Sunday’s encounter at Leicester City. However, the players have since confirmed their participation in the inaugural Championship match.
Chansiri, who bought the Owls for £37.5 million in 2015, has stated that he is open to sell if the price is right. He has already rejected a £40 million bid, and negotiations with numerous other potential buyers have come to a halt.
In a statement made on Wednesday, the EFL confirmed its tight coordination with Chansiri in his search for a buyer. The League’s executive committee stated: “The League wants to see a strong, stable and competitive Sheffield Wednesday, and for that to happen we are clear that the current owner needs either to fund the club to meet its obligations or make good on his commitment to sell to a well-funded party, for fair market value – ending the current uncertainty and impasse.” , according to the Mirror!
“We continue to pursue options available to us to resolve the current challenges, and to that end the League is currently in advanced discussions with Mr Chansiri’s legal advisors on formalising a process around divestment of his shareholding in the club.”
The EFL said that there were “no restrictions on the club starting the season on Sunday as planned” and that they had been in “daily contact” with Wednesday.
“While much of this focuses on our work to safeguard Sheffield Wednesday’s financial position and ability to fulfil its obligations, the League also has a duty to fairly and consistently apply its regulations, which are agreed by all member clubs, and ensure that other member clubs are not unfairly disadvantaged,” stated the English Football League (EFL).
Wednesday has been operating under embargoes due to overdue transfer fee payments owed to HMRC and other clubs, as well as delayed player and staff wages.
“The club currently has more than 30 days of late payments for the fiscal year commencing July 1, 2025. As a result, the club’s fee restriction has been extended until the end of the winter transfer window in the 2026/27 season,” the EFL stated.
“The EFL can also confirm that the club was placed under a further embargo for non-payment of players.”
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