We urge the owner to fulfil his responsibility as steward of the club. When he chose to invest in this great institution 10 years ago, he took on the obligation to improve its standing and infrastructure.

An owner must develop a sustainable business model that aligns with their financial resources. As Mr. Chansiri has repeatedly reminded us, he has had to inject large amounts of capital to keep the club afloat. This reflects a choice—or the shortcomings—of the business model and strategy employed. Other clubs have demonstrated that, through shrewd practices and effective exploitation of commercial opportunities within the football industry, it is possible to reduce reliance on frequent financial intervention from owners. Yesterday’s statement indicates that Mr. Chansiri no longer has the resources to support his own strategy. It is not normal for a business to lack the ability to meet its contractual obligations to staff.

The engagment panel calls on Dejphon Chansiri to do the honourable thing as custodian of Sheffield Wednesday Football Club and step aside. We urge him to engage with potential purchasers to determine a fair market value for the club. We will applaud his sacrifice once it is made for the greater good of our proud institution.

We’re all Wednesday, aren’t we!

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