Financial stability before glory: Why professional sport must grow up Sport Business Professional sport has never looked richer or felt more fragile. Revenues are growing, valuations are rising, and private capital is circling like never before. Yet beneath the surface, financial fragility remains endemic. Too many clubs – across football, rugby, cricket and beyond – are one bad season, one failed owner, or one missed broadcast deal [...]
English football clubs facing financial distress drops by 50 per cent Sport Business The financial health of English football appears to be improving, with the number of clubs in the EFL deemed to be facing distress halving since last year. Only three of the 72 teams in the English Football League, which comprises the three professional divisions below the Premier League, meet that bar, according to an annual [...]
Sheffield Wednesday: Joint bid could win £30m fight for crisis-hit club Sport Business A number of the six bidders for Sheffield Wednesday are considering joining forces as competition to buy the Championship club hots up. Administrator Begbies Traynor has set an initial deadline of this Friday to begin exclusive negotiations with a preferred bidder, but with a number of credible offers on the table that timeline is likely [...]
Sheffield Wednesday: Chansiri gets three-year ban as tuna tycoon canned December 1, 2025 Sheffield Wednesday’s former owner Dejphon Chansiri has been banned from football for three years for his role in the club’s ongoing financial crisis. Wednesday, one of England’s most historic clubs, are in administration and look destined for relegation to the third tier after a further six-point deduction today left them 23 points adrift at the [...]
Exclusive: Cleo founder Hussey-Yeo to head fan bid for Sheffield Wednesday October 27, 2025 The founder of fintech unicorn Cleo, Barney Hussey-Yeo, has offered to front a bid to buy struggling Championship club Sheffield Wednesday, City AM can reveal. The Sheffield-born data scientist will invest his own capital as part of a bid that would involve other wealthy Owls fans, as well as the wider community if necessary, to [...]
Sheffield Wednesday: What happens next as administrators called in? October 24, 2025 With Sheffield Wednesday filing for administration on Friday, what happens next for the Owls? The club – who are bottom of the Championship – have received a 12-point deduction from the EFL, with the governors of England’s second league saying this step “presents Sheffield Wednesday with the opportunity to move matters towards a successful sale [...]
Sheffield Wednesday enter administration owing £1m in unpaid tax October 24, 2025 Struggling Championship club Sheffield Wednesday have filed for administration amid mounting financial issues under the stewardship of Dejphon Chansiri. Thai tuna tycoon Chansiri has owned the Hillsborough club for a decade but the Owls have been under pressure to pay staff for a number of months, and reportedly owe around £1m in unpaid tax to [...]
EFL in advanced talks with Sheffield Wednesday owner Chansiri over sale August 6, 2025 The EFL says it is “in advanced discussions” with Sheffield Wednesday owner Dejphon Chansiri over a sale of the financially stricken football club. Wednesday are set to begin the new season this weekend despite players going unpaid and part of their Hillsborough Stadium being closed due to a chronic lack of funds. The English Football [...]
Nandy warns Morecambe and Sheffield change is coming August 6, 2025 Culture secretary Lisa Nandy has insisted “change is coming” for the owners of Morecambe and Sheffield Wednesday amid concerns of the futures of the football clubs. Morecambe’s 105-year history is at risk, with former Worcester Warriors owner Jason Whittingham’s failure to sell the club. Sheffield Wednesday’s players are set to fulfil their opening Championship game [...]
Football clubs suffering from too few directors, report warns July 30, 2025 All professional football clubs in England should be mandated to have at least three directors to prevent governance failings that threaten their existence, a new report warns today. The report, by LCP’s Sports Analytics and Advisory practice and governance specialists LawDeb, highlights worryingly small boards at many clubs in the top five divisions. Fourteen clubs [...]