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Sheffield Wednesday file for administration amid mounting financial woes

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Sheffield Wednesday have filed for administration as the club’s financial problems continue to mount.

The club has been racked with instability under the controversial ownership of Dejphon Chansiri and were previously hit with multiple charges by the EFL for failing to pay players’ wages on time.

The Championship club, who sit at the bottom of the table, will receive an automatic 12-point penalty for going into administration, just as Derby County did in 2021.

The administration notice was filed at 10.01am BST on Friday morning at a specialist companies court.

The club had already been placed under registration embargoes across the last two seasons and received a six-point deduction during the 2020/21 campaign for breaching PSR regulations.

Wednesday fans have been in the midst of boycotting their club, pushing for Chansiri, the Thai businessman who took over the club in 2015, to sell up.

More to follow.

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