Sheffield Wednesday is at risk of starting the 2026/27 League One season with a 15-point deduction. This penalty will be applied if the club's new owners fail to pay £15 million (€17.3 million) to current owner Dejphon Chansiri as part of the acquisition process. English media recalls that, according to the regulations of the English Football League (EFL), in the sale of a club, all 'football creditors' must be paid in full, while other creditors must receive at least 25% of the amount owed to them. In this case, Dejphon Chansiri must receive €17.3 million of the €69 million owed to him, or face an automatic 15-point deduction. Dejphon Chansiri is the largest individual creditor of Sheffield Wednesday, having lent over £60 million (€69 million) to the club during his 11 years in charge. Since this amount was never converted into equity, the new owners will need to pay him a quarter of that sum to avoid the penalty. According to Sky Sports, the issue is that none of the potential buyers seem willing to make the payment, with former Newcastle owner Mike Ashley and American financier David Storch being the main candidates. This reluctance to proceed with the payment is due to high additional costs—stadium renovations, tax debts, and legal expenses total nearly €20 million. The same publication states that the current offers are significantly lower than the £48 million (€55 million) that James Bord, previously seen as the preferred candidate but who has since withdrawn his proposal, had agreed to pay.
Sheffield Wednesday Faces Point Deduction Due remains central to this story.
Sheffield Wednesday Faces Point Deduction Due remains central to this story.
Read more in Premier League news. and related tags: Sheffield Wednesday Faces, Point Deduction Due.