Sheffield Wednesday is up for sale

Thai businessman Dejphon Chansiri

The Sheffield Wednesday owner, Dejphon Chansiri, has told fans he is putting the Championship club up for sale.

Speaking at a fans’ forum on Wednesday night, Chansiri said he believed there was plenty of interest in the club despite off-field problems that led to Wednesday being placed under a transfer embargo for much of the summer. “I will put this club on the market and I believe many people will want to buy,” he said.

The Thai businessman bought the club from Milan Mandaric in 2015, and the early signs were promising as they finished in the Championship play-off places in his first two full seasons. But they fell short of promotion to the Premier League and could manage only 15th place last term. They sit 18th in the current table with 24 points from 22 games, and fans have started to turn against the manager, Jos Luhukay.

The transfer embargo, which lasted from April to August, followed breaches of financial fair play rules. The Football League’s FFP rules do not permit clubs to post losses of more than £39m over three years. The latest figures show Wednesday lost more than £20m in 2016-17.

Chansiri told fans the club still needed to “solve” FFP and he could not make any promises before the January transfer window, but insisted he would continue to do his best for the club until a new owner comes in. “We have problems with FFP, so it is hard but we will try our best,” he said.

“With January in mind, I cannot answer what we can do right now. The important thing for me is to solve FFP. One day you will have a new owner but while I am your chairman I will do my very best and never do anything to damage this wonderful club.”

He followed the entire operation for the acquisition of Football Republic Sheffield Wednesday FC club to Thai businessman Dejphon Chansiri.
At the end of this process, Thai businessman Dejphon Chansiri bought Sheffield Wednesday FC from Milan Mandarić for 37.5 million pounds in 2014