MattP

This *should* enable fans to attend the game and spend freely tomorrow. Any revenue will go towards the administrator's costs of running the club.

This is why they'll do it:

Well, there's a reason it hasn't happened before. Who's to say that a sale is agreed smoothly? The ground is owned separately which could be a stumbling block to an easy sale. It's a risk that HMRC don't *need* to take if they can guarantee to recoup their money via another method. The heritage and importance of the club doesn't register for them. I don't think HMRC will bail us out this way. The WUP puts pressure on the owner to sign the admin papers. We need the penny to drop for him that it's his only option to recoup anything now.

Because their sole remit is to collect tax owed and in the most cost effective way for the taxpayer. If they put us into administration that will incur extra cost and create an additional risk for them, it's far cleaner to liquidate the club and recoup the tax owed.

They don't put clubs in admin, however. They proceed to the winding up order. Every previous example of a club going into administration following a winding up petition is because the owner volunteers to do so, knowing it's the only alternative to liquidation.

I'm guessing it won't be Textor then ... https://www.bloomberg.com/news/articles/2025-10-17/textor-loses-key-uk-ruling-in-93-million-clash-with-iconic?embedded-checkout=true

Please correct me if I'm wrong, but if DC is refusing to sign the paperwork, we're not going into administration anytime soon. The process takes a number of weeks according to the below and only happens at the Court stage if someone other than the owner is petitioning for it. There is no previous example (as far as I can see) of HMRC putting a club into administration. The use the winding up petition as a way of leveraging pressure on the owner to put the club into administration.

I hope you're right. I'm assuming there will be chunky legal costs involved though, which may deter smaller creditors.

Agreed. And I don't think we can rely on smaller creditors to take us into administration. I think DC has to do it or it doesn't happen.

The question is, are there any creditors who will take us down this route?

Interesting. I think this is the point that is unclear for most of us. Some think that HMRC will put us into admin and then the buying bun-fight happens. I can't see any previous example of HMRC putting a club into admin; they issue a winding up petition and that forces the owner's hand to put the club into admin. But if the owner is pig-headed/clinically insane and doesn't budge, I assume they proceed with winding up and ultimately liquidation?

I'm paraphrasing this but a friend who speaks to someone at the Trust was told earlier that DC is being advised to put the club into admin but is (currently) 'refusing to sign the paperwork'.

I think so, yes. It's incumbent upon Chansiri to put us into admin, and he if he doesn't do that then liquidation is a very real prospect.

https://www.dailymail.co.uk/sport/football/article-15197733/Crisis-club-Sheffield-Wednesday-just-days-winding-order-tax-bill-paving-way-hated-owner-Dejphon-Chansiri-sell-up.html The end could really be nigh.

Sounds like the perfect game to get abandoned!

Anything by SlowThai feels apt.

£162,500 pw including signing on fee! https://www.salaryleaks.com/football/dominic-calvert-lewin

https://www.gofundme.com/f/swfc-trust-campaign-funds

Exactly this. As frustrating as it is seeing our team being gutted for a pittance, if DC had taken £10-15m in transfer fees this summer he wouldn't be going anywhere, we'd just be prolonging the nightmare.

A club with marketing nous would do a 3rd shirt with Self Esteem sponsoring one year and maybe Pulp the next year ... They'd sell like hotcakes to Wednesday fans and general music fans ... Maybe under the next ownership

Great question, hope it gets asked.

You've gotta take the laughs where you can get em.

The wording in The Star article implies it needs to be done before Monday, but also that the club expects to pay staff in full on Monday ... 'Impacted individuals have been told that the club anticipates it will be able to pay them in full ‘during the course of this Monday’.

The bit I've heard on the grapevine was the delegation of Chansiri friends/family for the Pompey game was pre-planned, nothing to do with a show of solidarity against the protest, and in fact they didn't have a clue what was going on (hence the smiles and waves whilst 'Enough is Enough' balloons were being released en masse). But Chansiri's elder brother was there and very much understood what was going on and was very unimpressed by it all (i.e. the mess that his younger brother has made). Whether this has led to an intervention of sorts we can only hope.