There’s worrying times at Sheffield Wednesday currently, with relegation to League One being accompanied by an apparent failure to pay the players wages by owner Dejphon Chansiri.
Several players are considering handing in their notices at the club due to the lack of payment, per the Sheffield Star, and it’s only increased the animosity of Owls fans towards their Thai owner.
Chansiri took over the club in 2015 and has been unable to lead the club into the Premier League as he desired – instead they’ve gone in the opposite direction and a number of financial problems have arisen over the years.
The most recent club accounts have only been made up until July 31, 2019 which was before COVID-19 hit, but if Chansiri did not sell Hillsborough Stadium to his own holding company then the Owls would have made a £19 million loss, so you can imagine that over a year with no fans inside stadiums has hit the club hard – we won’t find out how much specifically though for a while.
As both chairman and owner of the club, Chansiri deals with most of the issues and that includes deciding in the end what players to keep and what players to let go of.
Speaking exclusively to Football League World, Jon Newsome – who played for the Owls in the Premier League in the 1990s – thinks that not cashing in on certain stars has been one of the downfalls of Chansiri, especially now he’s seemingly in a bad place financially.
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“This chairman seems to have a massive reluctance to actually sell players,” Newsome said.
“We’ve seen that over the last four or five years that there’s been players who have been playing particularly well, there’s big money offers come in for them, he’s turned them down and and then two or three years later – Fernando Forestieri for example – they walk out the door on a free transfer.
“99 times out of 100, I would say, if a good enough offer comes in, I think the club would would seriously consider it. But I really don’t know with this guy in charge.”
Forestieri was the subject of interest from clubs like Derby in 2017, the Rams reportedly submitting a £7 million bid for the Italian – following those rejected bids he was never the same player again for the Owls.
The likes of Adam Reach have also attracted interest over the years and now he’s departed for nothing, it may be a major regret of Chansiri’s that he’s failed to make much back in transfer fees over the years.