Home » Sport » Sheffield Wednesday on brink of collapse as desperate owner tells fans to raise £2M to save team from major sanctions | The Sun
Sheffield Wednesday on brink of collapse as desperate owner tells fans to raise £2M to save team from major sanctions | The Sun
SHEFFIELD WEDNESDAY owner Dejphon Chansiri has asked supporters to raise £2MILLION in the next few days to save the club.
The Owls could face a multi-window transfer embargo if they do not pay an outstanding HMRC debt which was due on Monday October 23.
Wednesday were hit with a registration embargo last week as a result of the late payment which Chansiri claims he was unable to pay due to cashflow issues.
While a lack of tangible funds also means that players and staff at the club could go without pay this month if things stay the same.
And now the Thai businessman has called on fans of the club to fork out the cash to save their beloved team from collapse.
Speaking to The Sheffield Star, he said: "With HMRC, if we don’t pay until, say, the fifth of November, then that means it’s been 14 days, but if we don’t pay wages as well then that’s five days – that means a total of 19 days. Each issue counts separately.
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"If 20,000 people gave £100 then it’s £2m, and it’d be clear – so we can finish it. That would cover everything, HMRC and the wages.
"That would need to be done before November 10th if they don’t want to pass the 30 days, but that means that there can be no next time.
"It’d need to be before to make it safe – if it was on the fifth then there would be 10 days left… If we were to hit 30 days then we’ll get a ban for three windows."
The longer Wednesday go without paying HMRC, the closer they edge to being slapped with a transfer embargo.
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