Sheffield Wednesday Enter Administration After Failed Sale Attempts
Sheffield Wednesday have officially entered administration, drawing the curtain on months of financial uncertainty under Thai businessman Dejphon Chansiri, and triggering an automatic 12-point deduction in line with English Football League (EFL) regulations. The development was confirmed on Friday, with Julian Pitts, Kris Wigfield, and Paul Stanley of Begbies Traynor appointed as joint administrators for both Sheffield Wednesday Football Club Limited and Sheffield 3 Limited, the entity that owns Hillsborough