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Sheffield Wednesday Faces Winding-Up Petition Over £1M Debt

10/16/2025

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Story summary
  • Sheffield Wednesday faces an imminent winding-up petition over a £1 million debt to HM Revenue and Customs (HMRC).
  • Chansiri faces mounting pressure and may need to sell the club or face administration.
  • The club is already under six embargoes for failing to pay wages on time.
  • John Textor, former Crystal Palace co-owner, has expressed interest in a takeover.