Sheffield Wednesday in financial ruin as owner asks fans to raise £2m

• Sheffield Wednesday is reportedly on the brink of collapse amid financial woes
• The club’s owner Dejphon Chansiri confirmed the club was languishing in debt
• He is calling on the loyal fans to help raise funds as player salaries are delayed

Sheffield United have hit a new low both on and off the pitch as the club’s chairman called on loyal fans for financial support.

Thai businessman, Dejphon Chansiri recently made sensational remarks as he called on supporters to prove their loyalty - by funding a club that is on the brink of collapse.

Last week, The Owls were placed under a registration embargo for non-payment amid an outstanding HMRC debt, with Chansiri confirming the sanction came after failure to make a payment that was due on October 23.

According to The Mirror, Sheffield Wednesday only recently won their first game of the season, a 2-0 win over Rotherham United on Sunday.

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However, despite some positives on the pitch, the club’s financial woes run deep as it has now emerged that new manager Danny Rohl, the players, and other staff members face a genuine risk of not getting paid.

Sheffield is reportedly nine days into 'persistent default' over their non-payment. If it gets to 30 days, the club risks getting slapped with a transfer ban that could span three seasons.

Sheffield Wednesday owner’s message

Chansiri is fully aware of the club’s current predicament and has been subjected to protests from fierce Owls fans. However, he remains defiant and recently dared fans to raise £2 million to save the club.

"With HMRC, if we don’t pay until... the fifth of November, then that means it’s been 14 days, but if we don’t pay wages as well then that’s five days - a total of 19 days. Each issue counts separately," he told The Sheffield Star.

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"If 20,000 people gave £100 then it’s £2mil and it’d be clear - so we can finish it. That would cover everything, HMRC, and the wages. That would need to be done before November 10 if they don’t want to pass the 30 days, but that means that there can be no next time."

Interestingly, Chansiri has blamed a number of factors for the club’s current predicament, including COVID-19, the Russia-Ukraine conflict, and more outrageously, Israel - citing a domino effect on debts owed to him.

The Owls face Bristol City in a tricky Championship away fixture on November 4.

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