Sheffield Wednesday wages – positive murmurs suggest progress amid financial uncertainties
Sheffield Wednesday and their wages are very much a hot topic at present, but there could well be some more promising news on the horizon.
The Star reported recently that – as per FIFA rules – a number of Owls players were considering handing in their 15-day notice on the back of going unpaid once again last month, while it has since been noted that the Professional Footballers Association has gotten involved.
Plenty has been said about Dejphon Chansiri and the current financial state of his side given the talk of walkouts and potential deductions, but this month could potentially indicate a major step forward.
Wednesday paid £37.4m in wages according to their 2018 accounts, a figure that dropped to £32.3m in the 2019 accounts released earlier this year.
The 2019/20 accounts are yet to be released - as a side note, their embargo is set to be lifted once they are submitted - but it is thought that that wage bill will drop drastically once again following the exits of several high-earners such as Steven Fletcher, Fernando Forestieri and Kieran Lee.
On top of that, Wednesday financial situation will be alleviated even further as of July 1st, with more high-earning players like Jordan Rhodes, Keiren Westwood, Tom Lees and Adam Reach giving Chansiri even more wiggle room.
Murmurs from around the club suggest that the current wages situation is the priority over anything else at present, and that an end could well be in sight as the chairman looks to put the matter to bed.
Only time will tell exactly when it will be settled, and whether the situation will rear its ugly head in the future, however the major drop in salary payments from the start of next month is thought to be a key factor in making the club much more sustainable going forward.
Wednesday are expected to be playing in the free agent and loan market this season – both options even under embargo as long as there are no fees – and that new strategy rather than the big-spending of previous years will also help proceedings.
After how the 2020/21 season transpired, Chansiri will be desperate to avoid any further run-ins with the English Football League as he looks to given Darren Moore the best chance of first time promotion.