Historic soccer club Sheffield Wednesday taken over by administrators and hit by 12-point deduction
MANCHESTER, England (AP) — Historic English soccer club Sheffield Wednesday’s future was thrown into doubt Friday after it was taken over by administrators amid financial concerns.
The English Football League confirmed that the club, which was founded in 1867, will be hit with a 12-point deduction after entering administration. A notice was filed at the Insolvency and Companies Court – a specialist court within the High Court – on Friday.
The move comes after Wednesday’s well-documented financial issues under owner Dejphon Chansiri, which have prompted protests from fans.
“For the fans, staff and players of Sheffield Wednesday this is an extremely worrying situation,” said U.K. culture secretary Lisa Nandy. “Owners should be good custodians who act with their club’s best interests in mind and clearly, in this instance, that has not been the case.”
The four-time English champion was an original member of the Premier League. It now plays in the second-tier Championship and is currently bottom of the 24-team league.
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James Robson is at https://x.com/jamesalanrobson
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AP soccer: https://apnews.com/hub/soccer