Sheffield Wednesday had failed to pay their players and staff several times during their last season in the Championship and with relegation confirmed and them set to spend next season in League One, it doesn’t look good for the Owls according to former defender Jon Newsome.
Wednesday players were either not paid their wages for last month or paid late which has led to a lot of the squad considering handing in their notice to their employer and walking out on the club unless serious action is taken to sort the mess out at the club.
Will Sheffield Wednesday come back up?
That is not the only bad news for Sheffield Wednesday as they face the real possibility of receiving yet another points deduction, with it emerging that they are in £12 million worth of debt to players which consists of wages and end of season payments/bonuses.
It has been a very quick fall from potential stardom as it was just 2016 when they had qualified for the play-offs and were beaten in the final at Wembley by Hull City, and Newsome believes his former side are in a lot of trouble with their finances as he spoke exclusively to This is Futbol:
“Who knows what the situation with the finances is like? We’re all just guessing at the minute but I know going into League One is a massive hit for the finances because of the TV rights and media payments.
“Financially, the club looks to be really struggling, quite obviously.”
Darren Moore has had to put his plans on hold for the summer because there is so much uncertainty at the League One club that he can’t even try to plan for this summer and bringing players in.
It would be a huge worry for Sheffield Wednesday and English football if they were to face another points deduction because that could easily see them sleep walk into League Two, and maybe worse, if someone can’t save them.