Owls

[BobG]

The FA and the EFL should be hanging their heads in shame. After 3 decades they STILL can't police their own f**king product.

BobG

[big fat yorkshire pudding]

The thing is how much money has this guy spent on Sheffield Wednesday?  They had massive spending over previous years and on the pitch they were as successful as they'd been for years.  Clearly he's just ran out of money, almost as if his big gamble didn't pay off. Surprises me we've not had more of this.

[Pancho Regan]

A great deal was made about the fans’ boycott of the game against Middlesbrough the other night.
The BBC match report states it was a “deserted Hillsborough” because fans “stayed away in huge numbers”.
The match was played “in front of a sparse crowd in an eerie atmosphere”.

Attendance: 21,578.

Really?

[Ldr]

Yes, if you watched it you would have seen 3 mostly empty stands, obvs counts sth who are refusing to show up as per any reported attendance figure

[TommyC]

It's all well and good them rejoicing about this finally bringing to an end his ownership of the football club.  He still owns and will continue to own Hillsborough through a separate company. He's still their Landlord until he decides otherwise. And we know this is all about the ground and its value, as it was with us back in the late 90s. The football club is merely collateral damage in the battle over the ground.

[Monolith No. 9]

Mixed feelings really. The part of me that saw the feral Owls scumbags overrunning Belle View like a plague of rats in first round league cup tie around 75/6 can’t help but think ‘who’s the big club now then?’

But I had an uncle play for Wednesday in the 50’s when they were a well respected side and club and they were worthy of that respect. And I know ex players and staff and friends who are Owls supporters who are good people and they will be suffering right now and having been there and done that with Rovers I can’t help but feel sympathetic. As per usual, the devoted match day punters are the ones getting a kick in the belly with this sort of thing.

[Reg of the Rovers]

We've got to stay in League 1 for next season - Wednesday joining the league makes for some incredible local games and another full house and classic away day. Let's get back to putting points on the board!

[waldron40]

It's all well and good them rejoicing about this finally bringing to an end his ownership of the football club.  He still owns and will continue to own Hillsborough through a separate company. He's still their Landlord until he decides otherwise.

A representative of Begbies Traynor has said on camera that the administrators have also taken control of the stadium
Edited 14:14. Now confirmed in EFL statement

[i_ateallthepies]

Yes, the stadium ownership is also in administration and - stated by an 'expert' interviewed on Radio 5 this lunchtime - the club and stadium will be rejoined when (if) new owners take over.

[GazLaz]

The FA and the EFL should be hanging their heads in shame. After 3 decades they STILL can't police their own f**king product.

BobG

I would say that when he bought the club he had money and spent loads. He’s just run out of money. There should be more in place to enforce compulsory sales though. He could have sold the club but is asking for too much money for it.


It’s tricky policing private businesses though admittedly.

[TonySoprano]

No sympathy from me, they had non for us.
f**k em

[Pancho Regan]

Yes, if you watched it you would have seen 3 mostly empty stands, obvs counts sth who are refusing to show up as per any reported attendance figure

Good point Ldr, I didn’t think of that.

[TonySoprano]

Yes, if you watched it you would have seen 3 mostly empty stands, obvs counts sth who are refusing to show up as per any reported attendance figure

Don't understand that, if your a season ticket holder. You've already paid your money, so the people being impacted by boycotting are the players who are fighting to stay in the league.
They should give their heads a wobble

[DonnyBazR0ver]

This should be a blessing for Wednesdays and long overdue. Chansiri got himself into a mess after throwing money at it over his tenure. His valuation of the club was never likely to be met but now the administrator will try and get the best deal from any interested parties which is likely to be well short of what he maybe could have had, had he acted sooner.

He's unlikely to be the only casualty with staff who might not get paid in full but longer term, someone could turn the ship around fairly quickly.

I'm sure the fans will view their likely relegation as a minor inconvenience  when other clubs have been wound up completely.  They now need to show their support to keep the club going while in administration and show the potential to new owners. It's not a given, there will be a Saudi Prince in the waiting so it will still be nervous times.

Agree with others though, there has to be a change to the process of applying sanctions when red flags are raised. The EFL should be able to force owners to open their books much sooner when wages aren't paid with a view to helping the club stay financially fluid before the drastic action of administration is forced.

[ForsolongaRover]

A great deal was made about the fans’ boycott of the game against Middlesbrough the other night.
The BBC match report states it was a “deserted Hillsborough” because fans “stayed away in huge numbers”.
The match was played “in front of a sparse crowd in an eerie atmosphere”.

Attendance: 21,578.

Really?

Is it not practice to include season ticket-holders in the attendance figures whether they are present or not?

As for the likely wealth of Mr Chansiri I’d say it was difficult to track the wealth of UK residents and impossible for those domiciled abroad. His worldwide assets do not necessarily equate with the amount he is prepared to put into Wednesday. His alleged wealth in 2020 was over $500m, but according to Wikipedia he stopped putting big money into Wednesday 3 years before then and their fortunes have declined accordingly. Whilst it is possible that he may have run out of money himself, it is equally possible that he has not. There are many instances of business men sustaining they own wealth at the expense of creditors of liquidated companies of which they have been directors.

[silent majority]

From an Owls point of view the appointment of an Independent Regulator has come a bit too late.

Its for scenarios like this that we campaigned for many years for Governments to set up the Fan Led Review. Once everything starts to operate the way we expect then stories like this should be3come a thing of the past.

[Sprotyrover]

To be honest, due to the massive fan base, the Fowls can drop down 2 leagues and run the team on peanuts, using the gate money to pay off their debts.
It may take a few years but if the fans get behind them they can recover.
I wouldn’t advocate getting some benefactor in and expecting promotion for a few years!

[rich1471]

It's all well and good them rejoicing about this finally bringing to an end his ownership of the football club.  He still owns and will continue to own Hillsborough through a separate company. He's still their Landlord until he decides otherwise.

A representative of Begbies Traynor has said on camera that the administrators have also taken control of the stadium
Edited 14:14. Now confirmed in EFL statement

And Begbies Traynor know how to bleed every bit of money out of any business and srcrews anyone that is owed money,I was owed money by a company that went into admin and it was a waste of time trying to get anything back once the first letter arrived and the changes they have to be the administrator

[ForsolongaRover]

Chansari probably represents a typical example of the type of foreign owner who believed that you could achieve a degree of fame and standing in the world by buying and making a success of an English football club. Perhaps Mohamed El Fayed was an early example. His Fulham connection probably bought him wider celebrity than Harrods.

Although people like him are very wealthy by most standards and yearn for the fame that they hope for alongside the success of the club they acquire, history probably shows that most of them don’t succeed. Some may reach the Premier League  but only the mega-rich conquer it. After several tens of millions without even getting there, like Chansari perhaps, many seem to cease investing, allow debt to accumulate to avoid further personal losses and thereby drive the football club to the wall.

So I wonder if this kind of adventure is probably no longer within the means of the Chansaris of this world.  I don’t think we have seen mega-rich Middle Eastern owners let their clubs down yet, probably because it’s relatively small beer to them and perhaps they will be the only ones that will require serious vetting on an international scale as time goes on. It leads you to hope that the dubious international element has already been priced out. If it hasn’t, let’s hope that the Regulations will have the capacity to investigate and expose them before they get involved.

Protection will certainly be needed at the other end of the scale though. Those who acquire a club simply to use as a vehicle to build their own personal wealth; people who can convince existing shareholders of their means, yet who waste little time in exploiting the club’s assets for their own personal gain with no regard for the fortunes of the team. We’ve seen many examples of that throughout the lower leagues with notable examples of former league clubs which have sunk to  National League N and S and worse.

I really don’t think the typical Wednesdayite will have any more connection with the downside of this than we did at our nadir. It may be difficult for younger football fans to understand their feelings, like the young men I knew in their early 20s around 1960,61 and 62, now in their mid 80s, when Wednesday were second in the old First Division. I feel for them.

[normal rules]

Worth a punt on wendies today in
An acca. They will Have a proper 12 th man there today. And they are over even money at home .

[welloffside]

Forsolong,

                I once heard. (Q)  How do you become a millionaire as a football club chairman?

                                     (A) Start off as a multi- millionaire!!

[ravenrover]

The American chap who was involved with Crystal Palace John Textor in an interview said his next foray into English football would be owning a Championship club

[Barmby Rover]

The American chap who was involved with Crystal Palace John Textor in an interview said his next foray into English football would be owning a Championship club

He wouldn't touch Wendies with a bargepole then, a Lg.1 club at best, a defunct club if there is any justice.

[ravenrover]

If the price is right

[BillyStubbsTears]

It's amazing that no-one has made a go of them.

Famous name. Decent size stadium, even if it is decrepit. Guaranteed 40k a week if they were top half of the PL

[rich1471]

If the price is right

I do wonder how much Chansari put in but converted it into loans which is still owed to him and he still owns the ground so will be the landlord of anyone taking over

[TonySoprano]

It's amazing that no-one has made a go of them.

Famous name. Decent size stadium, even if it is decrepit. Guaranteed 40k a week if they were top half of the PL

The gound doesn’t hold 40k . Intellectually bone idle

[DonnyBazR0ver]

If the price is right

I do wonder how much Chansari put in but converted it into loans which is still owed to him and he still owns the ground so will be the landlord of anyone taking over

No he won't be landlord. That's already been posted above. Replies 37 & 38.

[drfcsteve]

It's amazing that no-one has made a go of them.

Famous name. Decent size stadium, even if it is decrepit. Guaranteed 40k a week if they were top half of the PL

The gound doesn’t hold 40k . Intellectually bone idle

Bit unnecessary given it holds 39,700 ish and they’ve got permission to expand to 45,000 ish. The capacity is only temporarily reduced for repairs, which obviously would have been made if they got to the Premier League like Billy suggested.

[TonySoprano]

It's amazing that no-one has made a go of them.

Famous name. Decent size stadium, even if it is decrepit. Guaranteed 40k a week if they were top half of the PL

The gound doesn’t hold 40k . Intellectually bone idle

Bit unnecessary given it holds 39,700 ish and they’ve got permission to expand to 45,000 ish. The capacity is only temporarily reduced for repairs, which obviously would have been made if they got to the Premier League like Billy suggested.

It holds less then 35000 now (check their website)  and my comment was a bit tongue in cheek as a response to his inane ramblings on the political forum