Someone who has 10's of millions to immediately pump into infrastructure hopefully
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Sheff Wed - financial issues
- Thread starter Hank Scorpio
- Start date
Someone who has 10's of millions to immediately pump into infrastructure hopefully
Would this remove Chansiri?
In simple terms, does administration mean he no longer owns the club? Or does he have to agree to a sale still?
Does the club own the ground?
should do it’ll go into the hands of receivers (accountants) now
But they don’t own the assets surely?
GordonMuchallNo1Fan
Striker
hopefully it gets rid of this owner
SuperSub
Midfield
Once the administrators are in the don't need the permission of Chansiri to sell, however it doesn't mean he's automatically gone - Ken Bates at Leeds put them into administration but came out owning the club via another consortium. Chansiri also owns Hillsborough through - sold it from the club to himself so any new owner will have to do a separate deal with Chansiri for that.
Thanks. Who agrees how much any new owners pay for the club?
The ground thing is a ball ache
Zak's Dad
Striker
You can tell how deeply in the shit SW are, and how horrendous their situation is when you have a serious sports journalist cheering on administration as a positive step for them.
The clowns who write and oversee the rules governing football club ownership should hang their heads in shame at this and many other debacles.
You can tell how deeply in the shit SW are, and how horrendous their situation is when you have a serious sports journalist cheering on administration as a positive step for them.
The clowns who write and oversee the rules governing football club ownership should hang their heads in shame at this and many other debacles.
SuperSub
Midfield
It will be the administrators who decide that based on how much is owed to creditors, their main job is to get an offer which would allow those creditors to get what's owed to them. No idea who Sheff Wed owe money to apart from HMRC.
The local media are saying the company who owns the stadium is getting put into administration too, so that looks like very good news for them as that means it can be brought back under the club if the right offer comes in.
Visiting owl
Winger
Well his name is already being ripped off the North Stand!!!
Must be heartbreaking for their fans.
We are very fortunate to have the owners we do.
We are very fortunate to have the owners we do.
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Grumpy Old Man
Striker
Chansiri loses control. As of now, the administrators run everything. The administrators will sell the assets, ideally as a going concern, to a new company with new owners. I think they still own Hillsborough.
Ricci's Special Kebabs
Striker
Chansiri owns Hillsbourgh I think.
bunnyrabbit
Striker
What a shame. Sheffield Wednesday are one of the iconic names in English football, but yet again it raises the question of how these non entity bell ends pass the fit and proper test to own clubs.
Ricci's Special Kebabs
Striker
Is this true? Fair play if so.
Grumpy Old Man
Striker
This is important. It will presumably be the same firm doing it, which means they can sell both the club assets and the ground to the same buyer,
12 point deduction
-6 or -5?
-6 or -5?
Father Jack Hackett
Striker
At least the buyer will only be dealing with the Administrator and not that crank. It’s shit for them but, let’s be honest, they were going down with him anyway and they don’t want the points penalty next season.
