24th October 2025
Statement on Sheffield Wednesday entering Administration
Today marks one of the most bittersweet days in our club’s proud 158-year history.
Entering administration was the inevitable outcome of years of financial mismanagement, a lack of accountability, and repeated failures to engage credible buyers. Administration is not something to be celebrated. It needn’t have ended this way. But we are overjoyed to have Dejphon Chansiri out of our club for good.
Administration represents a necessary turning point. With the club now totally out of Chansiri’s hands, this may be the first step to getting our Wednesday back. It closes an era defined by poor decisions and deep divisions, both on and off the pitch. Once Hillsborough is recovered from his ownership, Chansiri’s influence will finally be consigned to history, a regrettable chapter in Sheffield Wednesday’s long and storied history.
We understand that this news will bring uncertainty and anxiety about what lies ahead. Yet there is every reason for calm optimism.
The appointed administrators are highly experienced professionals, including one who has been a Sheffield Wednesday season ticket holder for decades. The Trust has already opened dialogue with them and will play a full part in safeguarding the long-term survival and sustainable future of our club.
Now, more than ever, Wednesdayites must stand together, patient, proud, and focused on rebuilding a football club that truly represents Sheffield: honest, sustainable, and ambitious. We have shown over the last few months the power of being organised and standing together as a set of supporters. We have shown that a football club is worth nothing without its fans. This has also shown the passion we can offer to new owners, if they can harness our support in the right way.
The Trust expects strong interest from prospective buyers. However, should a suitable sale not materialise, supporters can be assured that, for the last few months, we have been working to develop a credible, fan-led takeover proposal. This ensures that even in the worst-case scenario, the threat of liquidation will not be an option.
The Trust will continue to keep supporters fully informed and outline the practical steps every fan can take to help secure a brighter future for our club. Together, we will rebuild, stronger, fairer, and forever proud to be Wednesday.
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