Sheffield Wednesday could stand to lose £7-8million if they suffer relegation from the Championship, according to Yorkshire Live.
The Owls are enduring a torrid season so far and are firmly embroiled in a relegation battle at the bottom end of the table.
The Yorkshire side are currently sitting in 23rd position in the table and seven points from safety with 12 games left of the season.
That means that Darren Moore’s side have their work cut out to avoid the drop, but according to Yorkshire Live there’s an even bigger incentive to escape relegation with a signficant loss reportedly on the cards.
Writing for Yorkshire Live, Howson said: “It is estimated that the Owls stand to lose £7m-£8m should they go down. It would result in a loss of broadcasting money, a drop in matchday income and commercial revenue.
“That is all before you get to the drop in revenue due to the coronavirus pandemic and matches behind played behind closed doors. The club are still in the process of refunding supporters for the five games they were unable to attend last season.
“These are tough times and the Owls face a battle to remain on an even financial keel.”
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The pressure is really building on Sheffield Wednesday at the moment.
On-field results just aren’t improving and that means that the Owls are facing the genuine possibility of life in the third tier next term.
The financial impact of that could be massive on the club and so it’ll be interesting to see what the coming weeks and months have in store for the club.