Fresh update reveals Dejphon Chansiri's stance on selling Sheffield Wednesday | OneFootball

Pressure is building on Dejphon Chansiri to sell Sheffield Wednesday, but it seems the Owls owner is reluctant to change his approach.

Dejphon Chansiri's approach to selling Sheffield Wednesday is not believed to have changed, despite mounting pressure from supporters, the EFL and HMRC.

Wednesday have been plunged into crisis after a nightmare few months under Chansiri's ownership, with the club currently banned from paying transfer fees for the next three windows after multiple late payments of player and staff wages, while they are also under five separate transfer embargoes due to a host of other breaches.

In a sign of the growing severity of the situation at Hillsborough, it has been reported that the Owls are close to being served with a winding-up petition by HMRC over an outstanding £1 million debt, and they are now believed to owe a further six-figure sum, while it is unclear whether Chansiri has repaid or renegotiated a £7.4 million loan on the stadium.

If Chansiri is unable to settle the debt owed to HMRC, he may have little option but to put Wednesday into administration, but while this would result in an automatic 12-point deduction, which would be particularly damaging on top of the points penalty that is already looming over the club for the late wage payments, it could accelerate the sale process.

Despite Chansiri's reluctance to agree to a sale, there are believed to be a number of parties still interested in a takeover of the Owls, with former Crystal Palace co-owner John Textor confirming earlier this month that he remains keen to strike a deal to buy the club, while ex-Newcastle United chief Mike Ashley and businessman David Richards are both said to be monitoring the situation.

As they continue step up their attempts to force Chansiri out, Wednesday supporters boycotted the 1-0 defeat to Middlesbrough at Hillsborough on Wednesday night in large numbers, and further protest action is likely over the coming weeks and months, but it appears it is having little effect on Chansiri's desire to sell.

Negotiations with Chansiri appear to have been the main stumbling block to any sale of Wednesday in recent months, and despite a number of parties expressing interest, The Star claim that many have "walked away frustrated at a confused process and an absence of any clear asking price".

Chansiri is not believed to have provided any guidance to potential buyers on what kind of figure he would be willing to accept, and despite growing pressure from supporters, the EFL and HMRC, the Owls chief is not thought to have shifted his approach to negotiations, with no takeover deal believed to be close at this stage.

In a worrying insight into the situation, The Star have spoken to a figure who has previously been involved in takeover deals, including at one of Europe's biggest clubs, but after his US-based consortium attempted to make contact with Chansiri through a third party, their efforts to negotiate fell flat.

"We had a couple of potential parties who were interested in the purchase of Sheffield Wednesday," the anonymous individual told The Star.

"I brought something forward in my naivety that Chansiri was running some sort of process. In one case we sought to introduce a very credible American party, well-funded with existing sporting interests across the pond and he just refused to speak to them.

"It was a nonsense and I honestly don’t know what he’s trying to do. It’s just the most bizarre process and describing it as a process is being kind.

"You hear all sorts of numbers being bandied about and nobody seems to know what the actual asking price is.

"The Americans said they weren’t going to waste their time. There are people standing back and waiting to speak to an administrator.

"You see some odd things in the line of work that I’m in but with this the situation, it doesn’t make any sense. I found it astonishing."

Chansiri is reportedly demanding £100 million for Wednesday, but the source believes that £30 million would be a more realistic asking price for the club in their current predicament, and, as things stand, he admitted that administration is the most likely outcome for the troubled South Yorkshire outfit.

"There are three possible outcomes here as I see it," he said.

"One, he can suddenly find a whole bunch of money to re-base the whole thing, which I think is pretty unlikely.

"Secondly, he wakes up and sells the club at a price that is acceptable to a purchaser. My gut feeling is that £30m is a sensible top-end price given the potential of the club, because you’ve then got to spend that again to get it into a reasonable shape with the ground issues and re-stocking the squad.

"But if this continues I suspect it will simply run out of money and an administrator will be called in. At the minute, unless he comes to his senses, that feels to me to be the most likely outcome.

"Administration isn’t great, I can’t sit here and disguise that, but it would restructure it in that it gets rid of him and moves things along.

"There would be interest in buying Sheffield Wednesday in an administration process, I’ve no doubt of that. But this guy is just making things worse and worse every day it goes on."

Latest Dejphon Chansiri reveal will only increase Sheffield Wednesday anger

Wednesday supporters have long suspected that Chansiri does not have any real intention of selling the club, and these latest comments provide another alarming insight into just how challenging it is to negotiate with the Thai businessman.

If Chansiri is not willing to lower his asking price significantly, or engage in a more serious way with interested parties, it will be near impossible for any of the Owls' suitors to agree a takeover deal while he remains at the helm, and that strengthens the growing view that administration could be the club's only way out of their current mess.

However, with Chansiri said to be reluctant to put the club into administration as he looks to cling onto power at Hillsborough, it could be some time yet before a resolution is found, which will only result in further suffering for Wednesday supporters.