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Report explains why Sheffield Wednesday aren’t selling players despite Chansiri’s embargo warning

Sheffield Wednesday owner Dejphon Chansiri prior to the the Sky Bet Championship match between Sheffield Wednesday and Preston North End at Hillsbo...
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The Sheffield Wednesday chairman issued a somewhat concerning statement via the club’s official website last week.

Sheffield Wednesday owner Dejphon Chansiri prior to the the Sky Bet Championship match between Sheffield Wednesday and Preston North End at Hillsborough Stadium on December 22, 2018 in...

There is one very simple reason why Sheffield Wednesday have yet to cash in on any of their key players in the January transfer window, according to the Star.

The Wednesday chairman, Dejphon Chansiri, warned last week that the Owls face a second successive summer under embargo if they cannot balance the books before March.

It has prompted the Thai businessman – who is prevented from investing more of his money on the first-team at Hillsborough by the English Football League’s Profit & Sustainability rules – to revise and revive the previously unsuccessful Club 1867 membership scheme.

Many Sheffield Wednesday supporters have remained sceptical, however, and called for players to be sold instead – the pricier the better. Adam Reach, for example, would likely command a fee in excess of £10 million, having scored or assisted 10 goals in 30 games this season from a midfield position.

Adam Reach of Sheffield Wednesday celebrates after scoring a goal to make it 1-0 during the Sky Bet Championship match between Sheffield Wednesday v Leeds United at Hillsborough Stadium on...

But the Star reports that “since last summer and including the current transfer window”, the Owls have “received no bids for their prized assets”.

And, with only a week of the transfer window remaining, Wednesday face placing all of their eggs in a Club 1867-sized basket.