It is unclear as to whether Sheffield Wednesday will be able to pay fees for players or not moving forwards, as per a recent report by Yorkshire Live.

The update comes in the wake of the Owls being given the green light to trade again after their transfer embargo was lifted by the Football League.

Now the club is set to press ahead with their summer transfer business as they prepare for life back in Sky Bet League One.

The report goes on to stay that Wednesday are currently only looking at signing free agents and loan players at present, with there still being a high level of uncertainty over whether the Owls can shell out on transfer fees or not.

Cash flow problems have hit the club like a brick wall in the last 18 months, with the ongoing pandemic having left massive holes in their finances as the continued to operate with no fans coming into Hillsborough.

The Verdict 

The challenge now for Darren Moore and co is to construct a squad that is capable of taking the club back to the Championship at the first attempt.

An objective which has been made all the more harder to achieve given the club's current financial issues.

Free agents and loans will certainly be easier to come by than players with genuine quality that command fees, but there needs to be element of caution taken on with the way that Wednesday go about bringing in these new additions.

The main worry will be that they will sign too many players that are looking for their next pay day as opposed to be focused on getting promotion, whilst there is also a chance that they could lose out to bigger clubs in the loan market as they seek to complete temporary deals.

Overall the transfer market is a minefield this summer and it is now up to Moore to find a route through it.