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The Guardian - UK

Sport

Exclusive by Matt Hughes

Sheffield Wednesday’s prospective buyers in talks over partial lifting of transfer ban before next deduction

Wednesday Sheffield Wednesday EFL ARISE

An aerial view of Hillsborough, home of Sheffield Wednesday — Sheffield Wednesday will have seven players under contract at the end of the season. Photograph: David Davies/PA

Sheffield Wednesday’s prospective new owners, Arise Capital Partners, are in talks with the EFL over a partial lifting of the club’s transfer ban this summer. Wednesday are prohibited from paying any money for new players until January 2027 as a punishment for the multiple late payment of wages by the former owner Dejphon Chansiri.

Wednesday will start next season on minus 15 points in League One as Arise’s purchase price of £18m does not meet the EFL’s requirement to repay creditors 25p in the pound on exiting administration.

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