Relegation ‘Almost Certain’ as 12-Point Hit Sinks Wednesday

Relegation from the Championship is “almost certain” for Sheffield Wednesday after the club was hit with a 12-point deduction for entering administration. The penalty, triggered by owner Dejphon Chansiri, leaves the Owls on -6 points, 15 points adrift.
The administration was the “inevitable outcome” of “years of financial mismanagement,” according to the Supporters Trust. The club has been lurching from crisis to crisis, failing to pay wages on time in five of the last seven months and facing a $pounds{}$1 million tax bill.
Despite the joy of seeing Chansiri depart, fans are reeling from the sporting consequence. Manager Henrik Pedersen, however, is not conceding. “I have a big belief we can survive,” he insisted, calling the administration a “fresh restart” for the “fantastic club.”
The club is now in the hands of Begbies Traynor, who are tasked with finding a new owner “as swiftly as possible.” They will sell the club and stadium as a package, which they hope will attract strong interest.
The Supporters Trust, which had been working on a fan-led takeover plan, is now urging fans to return to Hillsborough. After boycotting the midweek game, they are being asked to provide the “stability and income” needed to “rebuild from the ground up.”