Simon Jordan makes somewhat surprising Sheffield Wednesday administration claim amid Dejphon Chansiri saga | OneFootball

Simon Jordan believes going into administration could be the best option for Sheffield Wednesday as their off-field issues continue.

Former Crystal Palace owner and talkSPORT pundit Simon Jordan has claimed that going into administration could be the best way for Sheffield Wednesday to escape their current predicament under Dejphon Chansiri.

It has been a nightmare few months for Wednesday, with their off-field issues resulting in the departure of manager Danny Rohl and many of their key players, as well as seeing them hit with a number of sanctions by the EFL.

Having faced similar restrictions in the summer, the Owls will be unable to pay transfer fees for the next three windows after failing to pay the wages of players and staff on time on multiple occasions in recent months, while they are currently under a staggering six separate transfer embargoes.

After receiving a basic award payment from the EFL, Chansiri finally paid the wages of players and staff for September on Tuesday, over two weeks after they were originally due, but as his personal financial problems are well-documented, that is only likely to be a brief respite for the cash-strapped club.

Former Crystal Palace co-owner John Textor confirmed last week that he remains keen on completing a takeover of Wednesday, while ex-Newcastle United chief Mike Ashley and businessman David Richards are also said to be monitoring the situation, but despite the increasing pressure on him, Chansiri is reportedly reluctant to agree to a full sale and is instead seeking fresh investment.

On the pitch, the Owls currently sit second bottom of the Championship table after picking up just six points from their first nine games, and they are back in action following the international break when they make the trip to Charlton Athletic on Saturday.

Simon Jordan drops shock Sheffield Wednesday, Dejphon Chansiri administration claim

One possible reason for optimism for Wednesday supporters that an end to Chansiri's tenure could be near is the introduction of the new Independent Football Regulator, which is expected to begin work later this year, and chair David Kogan has confirmed that he is closely watching events at Hillsborough.

However, Jordan has long expressed reservations about the IFR, and he claimed that, while it would not necessarily be a desirable outcome, administration could be the best way for the Owls to escape their current challenges under Chansiri.

"Ultimately, there is a callous set of thinking that maybe the best place for Sheffield Wednesday is administration because it will clear a lot of the challenges that they've got and give them more protection and move the owner out of situ," Jordan said on talkSPORT.

"There is also a discussion that perhaps the owner needs to get his head in the game because the IFR might do that to him anyway.

"Whether the owner is being intransigent, whether he's being flexible or whether John Textor is playing all ends against the middle, who knows.

"It can be done.

"You can build a successful club without putting it into the situation Sheffield Wednesday are in, Ipswich Town have proven it.

"They had been languishing under Marcus Evans for a long time doing precisely nothing, but they have built a model that is properly funded, that is properly sustainable and ultimately can achieve things.

"My concern with the IFR has always been mission creep.

"They cannot, and neither should they attempt to, have a regulator funded with £10 million a year.

"It won't work, and that means the game is going to have to pay for it because the government aren't going to."

Sheffield Wednesday could follow Derby County example after Simon Jordan administration claim

Of course, the word administration will strike fear into the hearts of many football supporters, but as their problems continue to mount, it could become a realistic possibility for Wednesday at some stage.

Going into administration would result in an automatic 12 point deduction for the Owls, but given that they are already facing a potentially hefty points penalty, relegation seems an inevitable outcome to the season, and with that in mind, it would perhaps be preferable to get any further punishment out of the way this campaign.

Derby were deducted a total of 21 points on their way to relegation from the Championship in the 2021-22 season due to entering administration and other financial breaches, but after David Clowes completed his takeover of the club, they avoided any sanctions the following campaign, and Wednesday will be hoping that they will be able to make a fresh start next term under new ownership.