The Owls were condemned to relegation on the final day of last season, with a 3-3 draw with Derby County not enough to see them avoid the drop, and the side will now be playing League One football in the 2021/22 campaign - for the first time in a decade.
Giving his verdict on the Owls' situation, Peterborough United chairman Darragh MacAnthony claimed: “I think if Darren Moore hadn't got ill with COVID, I think Sheffield Wednesday would have stayed up. I do rate him as a manager. I think he's a brilliant manager.
“I think what he's really good at is getting good loans from Premier League clubs. He did it with Doncaster and they were flying.
“My tip would be don't interfere and leave him to do what he is good at. Give him the support to recruit. The fans will be back and they are going to be a monstrous club in League One.
“I'm sure they have got still some strengths left there. Hopefully they can let go of lots of people that are out of contract who are on silly Championship wages.”
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: