There seems to be a lot of confusion on the SWFC zero point ruling when comparing to the zero points Derby also received.
Both Clubs paid/are paying 25p in the £ to unsecured creditors.
Derby’s owner completely wrote his debt off. The Wednesday owner was made a sizeable offer.
Derby paid 25p in the £ and left the tax man owed £10’s of millions (EFL Insolvency Policy directs 100p - discretion shown). Wednesday are paying off all owed (100p in the £) to HMRC.
I’m struggling to square why some feel Wednesday should get more than Derby got for exiting Administration when the shortfall to creditors is so much less in the case of SWFC?
Furthermore, the shortfall against EFL Insolvency Policy is also much less in the case of SWFC.
The EFL board waived the -15 against Sheffield Wednesday due to Dejphon Chansiri's refusal to engage with offers on his debt as the only major creditor.
Offers were either outright refused or ignored, and on this basis the EFL ruled the -15 was not to be applied. #swfc
Julian Pitts, Kris Wigfield and Paul Stanley of Begbies Traynor have been appointed joint administrators of Sheffield Wednesday Football Club Limited and of Sheffield 3 Limited, the company that owns the club’s stadium, on 24 October 2025.
👉 https://t.co/p5DhCsLRd1
Key details for #SWFC fans:
-- Julian Pitts, Kris Wigfield & Paul Stanley of Begbies Traynor, a Sheffield based independent business recovery specialists, have been appointed joint administrators of Sheffield Wednesday, plus Sheffield 3 Limited — the company that owns the club’s stadium
-- There are interested buyers that the administrators are already in active discussions with interested parties. They are also inviting formal offers from other credible potential buyers.
-- Kris Wigfield: “Now, more than ever, we need fans back in the ground — buying tickets, merchandise, pies and pints. Every penny spent will go directly to supporting the day-to-day running of this club, not to the former owner or professional costs. This will help stabilise the club while we secure a suitable buyer.”
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Breaking: Sheffield Wednesday enter administration. The administrators are also appointed to run Sheffield 3, the company that owns Hillsborough Stadium
Dejphon Chansiri's time at #SWFC is coming to an end
Story with @AlexJPMiller
Full details 👇
https://t.co/sNt44l5ejL
My car has been stolen. They broke into my house and stole the keys. If you see this vehicle reg number HV69 DFZ please contact South Yorkshire police immediately
💬BB: (On Liam Rodgers) I recognised his face from the pictures, I have been here a long time. I never got the chance to meet him but you can see by all the messages that he was a big fan and a lovely person taken too soon. On behalf of the team, I send our condolences to his family