After finishing rock bottom of the table, Darren Moore has a serious task on his hands to build a squad capable of bouncing straight back up next season, and is in danger of losing some key players unwilling to drop down into the third tier of English football.
Discussing key player Josh Windass, ex-Owls star Carlton Palmer gave his verdict on whether the attacker would remain at Hillsborough, and claimed: “A lot of clubs have shown interest in him from the Championship and why would he want to play in League One?
“Without a doubt, Sheffield Wednesday could satisfy his financial needs to stay there for another season, you know it’s one of those where Darren (Moore) may be able to sit down and try and show him what they are trying to do next season.
“But if you look at the likes of Fulham and West Brom, who are reportedly interested in him, these are teams that are looking to go back to the Premier League, not stay in the Championship. So, you know, I would be very surprised if he’s still there. I’d be very surprised.”
Here are today's biggest transfer stories and the latest team news involving Sheffield Wednesday and the rest of the Championship, as the reaction to last season and the build-up to summer transfer window continues:

5. Race for Robertson heats up
Sunderland and Fleetwood Town are said to have joined Aberdeen in the race to sign Rotherham United defender Clark Robertson. Earlier in the week, the 27-year-old was tipped to return to the Scottish side six year after leaving them for Blackpool. (Football Insider) Photo: Lewis Storey

6. Duo jostle for Pritchard
Birmingham City and Derby County have both been credited with an interest in ex-Huddersfield Town play-maker Alex Pritchard. The 28-year-old, who join the Terriers for £12m back in 2018, was released by the club earlier this week. (The 72) Photo: Tony Marshall

7. Boro plot Lumley raid
Middlesbrough are believed to be keen on bringing in QPR goalkeeper Joe Lumley, who is yet to commit his future to the club as his contract approaches its expiry. He began his career in the Spurs youth academy, before joining the Hoops early on in his development. (Football Insider) Photo: James Chance

8. Jackett favourite for League Two job
Ex-Millwall and Rotherham United manager Kenny Jackett has been named the firm favourite for the Leyton Orient job. His last job was with Portsmouth, who he led to EFL Trophy glory back in 2019. (SkyBet) Photo: Pete Norton