Sheffield Wednesday has been issued spending restrictions over the next three transfer windows due to failing to pay staff wages on time. This ban prevents the club from engaging in transfers or loan agreements that involve fees until fully settling outstanding wages. A registration embargo further complicates matters, denying the signing of any new players until existing pay issues are resolved. The EFL has charged the club and owner Dejphon Chansiri for these breaches, and an appeal will be contested soon as criticism grows from stakeholders, including local MPs.
Sheffield Wednesday have been handed restrictions over spending for the next three transfer windows after failing to pay staff wages on time.
The club was placed under a registration embargo two weeks ago, preventing any new player signings until outstanding wages are settled.
MP Clive Betts accused owner Dejphon Chansiri of holding the club 'hostage' due to repeated wage payment failures.
The English Football League confirmed the three-window fee restriction after Sheffield Wednesday exceeded the allowable 30 days of late payments.
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