Fresh reaction given to big Sheffield Wednesday, administration update - 'there will be buyers waiting' | OneFootball

FLW's Owls fan pundit reacts to the news that Sheffield Wednesday will be placed into administration

This article is part of Football League World's 'Terrace Talk' series, which provides personal opinions from our FLW Fan Pundits regarding the latest breaking news, teams, players, managers, potential signings and more…

Sheffield Wednesday have filed for administration, and whilst it effectively ends their season in terms of competitiveness and puts the future of the club into limbo, it has opened the door to life after Dejphon Chansiri.

The Owls were served a winding-up petition by HMRC last week, after they owed £1 million to HMRC. That petition hasn't been resolved, and Wednesday have consequently been placed into administration, with an automatic points penalty, expected to be 12, set to come into effect, too.

It puts an end to the decade-long reign of the Thai businessman, and whilst it all but certainly confirms relegation to League One for the Owls, that is a mere afterthought to some Wednesday fans, who are keen to see who their next owners will be.

Patrick McKenna, FLW's Sheffield Wednesday fan pundit, isn't surprised that the club has had to file for administration, and that this is, indeed, a "positive step."

The last week has seen news surrounding the potential removal of Dejphon Chansiri's post as Sheffield Wednesday owner escalate after a winding-up petition was given to the club due to money owed to HMRC.

McKenna felt that this news "has been on the cards for a while now," as "the walls have been closing in on Mr Chansiri, despite him trying to ignore it all and refusing to sell.

"Administration is just the consequence of his sheer incompetence and his pathetic and spiteful attitude towards the future of the club," he said.

"I've always said that the club will have to be taken from him, and now it has; he'll get a lot less than he would have had from selling the club to a buyer, and that is fantastic.

"I really hope this process leaves Chansiri with as little money as possible."

There's an element of schadenfreude when it comes to this situation from the Wednesday fanbase. Dejphon Chansiri reportedly turned down offers of £40 million and £30 million over the summer, sticking with his valuation of a whopping £100 million.

Now, a sale is completely out of his hands, and Wednesday fans are hoping Chansiri could end up with a lot less money for his troubles as and when the club is sold on.

"I can't claim to be an expert in all of it or predict what's going to happen [with the administration], but I do know that it will come with points deductions," McKenna continued.

"Ultimately, it's the only way for Chansiri to go, and Chansiri going is essential for Sheffield Wednesday Football Club to survive.

"Now, as fans, we have to sit back and watch how quickly things unfold. I do think there will be buyers waiting, so I don't see our administration lasting as long as Derby County's did, for example.

"I never thought I'd see myself seeing administration as a necessity and almost a positive step, but there you go, Mr Chansiri. The walls have closed in."

Points deduction minor for Sheffield Wednesday if they can get their club back

Many had Sheffield Wednesday down to be relegated regardless of any points deductions this season.

Owls fans had almost resigned themselves to that being the result of this season, so they instead focused on driving Dejphon Chansiri out with various protests and boycotts over the opening months of the campaign.

The opening day defeat to Leicester City saw a delayed emergence from the concourse at The King Power Stadium from the away fans, the 5-0 loss against Coventry City was paused due to some fans storming the pitch, and the home support for their recent defeat against Middlesbrough at Hillsborough was minuscule.

They'll see the administration almost as a positive, where for others it may mean doom, as it takes the negotiations outside of Chansiri's hands. As McKenna said, there seem to be some suitors, as the former owner rejected offers to sell earlier this year.

So, it was almost a given that the Owls would start next season in League One. But it seems that they may be doing so with new ownership, fresh ideas, and a newfound sense of life once more.