Sheffield Wednesday administration as it happened: points deduction, players' statement and more
Sheffield Wednesday have gone into administration for the first time in their 158-year history.
Sheffield Wednesday have officially been placed into administration for the first time in their rich and colourful 158-year history.
The club filed for administration on Friday morning and official confirmation arrived shortly after 12pm.
Owner Dejphon Chansiri has relinquished control of the club after more than a decade at the helm following a financial crisis that has plagued the Owls for months.
As a result, Wednesday are expected to be given an automatic 12-point deduction, meaning they are now increasingly likely to be relegated League One this season. The club is currently bottom of the Championship after just one win in their opening 11 games this season.
Chansiri remains Wednesday’s owner in name, but the appointed administrators are now tasked with overseeing the running of the club.
Follow the LIVE blog below for regular updates and reaction: