Financial difficulties at Sheffield Wednesday and Morecambe have sparked outrage among fans and stakeholders. Many are questioning how the club owners, Dejphon Chansiri and Jason Whittingham, maintain their positions despite financial mismanagement. The owners have refused offers to sell, citing undervaluation and reneged on agreed sales. As private companies, football clubs' ownership is largely unchecked; thus, owners are free to make decisions such as delaying wages. Criticism also surrounds the efficacy of the EFL's owners' and directors' test that both Chansiri and Whittingham passed prior to their ownership.
The financial turmoil enveloping Sheffield Wednesday and Morecambe has led many fans and stakeholders to express anger and concern, with a common reaction being sheer bemusement over the owners' continued positions.
Sheffield Wednesday owner Dejphon Chansiri and Morecambe owner Jason Whittingham remain in their roles because they have not agreed to sell their clubs, rejecting offers they deemed as undervalued.
Football clubs are private companies; thus, owners can make business decisions that may involve delayed payments to players and staff without interference from football authorities.
Both Chansiri and Whittingham faced criticism for passing the EFL owners' and directors' test, which many believe fails to adequately assess the capability of club ownership.
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