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Sheffield Wed Financial Problems

Discussion in 'General Football' started by Jordan, Jun 30, 2025.

Page 7 of 7
  1. Kevin1954

    Kevin1954
    P.L. 23/24 Top 20 Euro24 PL Entrant P.L.24/25 Entrant Supporter

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    Chansari is fully entitled to 25p in the £1 of the selling price by the administrator. Simon Jordan won’t stop bleating about the fact.
     
    #121 Kevin1954, Dec 5, 2025
  2. andyc

    andyc
    P.L.24/25 Entrant

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    My neighbour works for a large accountants and is a Wednesday fan, so has been doing some work for the supporters trust around the administration
    From what he has told me Chansari should be locked up, let alone be entitled to monies
     
    #122 andyc, Dec 5, 2025
    Wakefield Bantam and Stoneski like this.
  3. Kevin1954

    Kevin1954
    P.L. 23/24 Top 20 Euro24 PL Entrant P.L.24/25 Entrant Supporter

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    I know but those are the rules sadly.
     
    #123 Kevin1954, Dec 5, 2025
  4. Ollylondonbantam

    Ollylondonbantam Squad Player

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    Heard on Hard Truth podcast apparently Mike Ashley is interested. Despite his reputation and past business and football exploits, I can’t imagine many Wednesday fans would be disappointed if this happens.

    Made me wonder how city fans would react if such a prospect owner showed interest in our club??
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
    #124 Ollylondonbantam, Dec 6, 2025
  5. Dennis

    Dennis
    Staff Member Moderator Supporter

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    The Wednesday debacle is nearing its conclusion. The favourite to purchase the ckub is Mike Ashley with the other potential buyer - an American consortium drawn from two earlier American bidders - not being able to meet the Administrator's terms

    It appears that the Ashley offer is 'only' £20mill which is much less than expected - and less than the American's offer - and will result in yet another points deduction for the club. That would probably mean that Chansiri won't receive his full 25p in the pound on his loans. Worra shame!

    I wonder what the fans think of Ashley becoming the owner of their club?

    Edit - Things can change quickly! Another consortium with wider interests in football ownership, including owning a Scottish championship club, is rumoured to be announced shortly. This consortium has agreed to pay the creditors what is owed in accordance wirh the EFL rules, something which Ashley refused to do.
     
    #125 Dennis, Dec 21, 2025
    Bronco likes this.
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