Sheffield Wednesday owner Dejphon Chansiri said on Tuesday that fans needed to raise £2m to stop the club from falling into three straight transfer embargoes; Chansiri said last month he no longer wanted to put money into the club due to fan anger; Wages and HMRC debt has been paid
Just one day after urging supporters to fund $2 million, Sheffield Wednesday owner Dejphon Chansiri claims to have paid all of the team’s employees and players as well as any outstanding obligation to HMRC.
In an interview with the Sheffield Star, the chairman of the Owls revealed that “cash-flow issues” may prevent wages from being paid and urged 20,000 fans to donate £100 apiece to prevent the team from entering a multi-window movement embargo.
Due to an unpaid HMRC bill, Wednesday was placed under a registration embargo by the EFL last week. However, Chansiri, the club’s manager, said that the outstanding debt has been paid, and the embargo is about to be lifted.
Speaking about his contentious interview, Chansiri said, “I wanted to be as open and honest as possible, therefore I agreed to do this when asked. At the time, I answered queries and gave replies. I emphasised that things move swiftly in the corporate sector. I was able to give money to the club since I got paid money that was rightfully mine. I owed you money, and the club would suffer as a result of this late payment.
“I clarified that cash flow and bank cash differ significantly from one another. Every day, money is transferred between businesses, and the present state of the economy is affecting cash flow for companies worldwide. Fortunately, the matter has been settled as far as we are concerned.
Which gets me to the issue of supporters giving money to keep your team afloat. When asked what would happen if I didn’t get paid the money I owed, I responded it would be resolved if 20,000 supporters contributed £100 apiece. Even though I was being quite upfront about not having the money on hand, that was not the case in the end.
“In the world of business, things can change drastically from day to day, but for now, this is over. There are no ‘games’ here; this was a serious problem, as I stated in the interview. I am aware that not everything is easy to hear, and believe me, not everything is easy to speak. In the end, Sheffield Wednesday is everything to me, and I will always give our club my all, both now and in the future.”
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