"Sheffield Wednesday will "imminently" be served with a winding-up petition over money owed to HMRC."
"After an investigation alongside the Sheffield Star, BBC Radio Sheffield understands the Championship club owe 1m."
"They are already under six separate EFL embargoes after failing to pay wages on time in five of the past seven months."
Sheffield Wednesday face an imminent winding-up petition from HMRC over about £1m owed. The financial liability could prompt legal action that threatens the club's immediate liquidity. A winding-up petition would increase pressure on owner Dejphon Chansiri to sell the club. The club is subject to six separate EFL embargoes after failing to pay wages on time in five of the past seven months. Repeated wage delays and regulatory sanctions create mounting operational and reputational risks, potentially forcing urgent ownership change, emergency funding measures, or further sanctions from football authorities.
Read at www.bbc.com
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