Owls take flight from Financial Fair Play punishment after selling Hillsborough Stadium
11 July 2019
Minor increase in turnover but wage bill soars.
Sheffield Wednesday join Aston Villa and Derby County in sale and leaseback of their stadium to escape EFL penalties.
Sheffield Wednesday are the latest club to sell their stadium in a brazen attempt to avoid punishment for breaching the EFL’s financial fair play rules.
In their accounts, delayed from 27th February, the club reveal that £38.1m was generated from the sale of Hillsborough Stadium. A spokesperson for the club confirmed to offthepitch.com that the ground was sold to a third party operated by Thai owner Dejphon Chansiri.
Do you want to read this article?
Get instant access by signing up for a 7-day free trial
No credit card, no commitments and it will expire automatically.
You will receive a link that activates your trial in an email.