"You're having a laugh" - Dejphon Chansiri slammed over £100m Sheffield Wednesday takeover claim | OneFootball

Sheffield Wednesday owner values the club at a whopping £100m

This article is part of Football League World's 'Terrace Talk' series, which provides personal opinions from our FLW Fan Pundits regarding the latest breaking news, teams, players, managers, potential signings and more...

Dejphon Chansiri has set his valuation of Sheffield Wednesday at £100 million as the club’s search for a buyer goes on.

A nightmare summer for the Owls has involved failing to pay wages on time, Danny Rohl leaving, a transfer embargo having been put in place by the EFL, and issues over the safety of the North Stand at Hillsborough.

Alan Nixon reported via Patreon that the Steel City Side’s owner has set a new asking price of £100 million for the club, reduced from the original figure of £150 million.

This may somewhat explain the lack of traction over a potential sale, which will only frustrate Wednesday supporters.

Football League World’s Sheffield Wednesday fan pundit, Patrick McKenna, believes that Chansiri’s valuation of the Owls is completely outside the realms of reality.

Dejphon Chansiri slammed for Sheffield Wednesday valuation

“Chansiri still wants the absolute nonsense figure of £100 million for the club,” stated Patrick. “Yes, Sheffield Wednesday are a sleeping giant, but the figure quoted here, it's just so far detached from reality.

“Chansiri knows that, but he is determined to get back as much of his money as he can, but we have to look at the realities of the situation.

"Day by day, Chansiri is actually driving down the value of the club. He is that bad of an owner, and he can't see this.

“We’ve got a stadium in need of serious repair, which could have one stand shut for the start of the season. The squad’s value is just dying and dying. We've been shedding all these players and have none coming in.

“When he bought us, we were a steady Championship club. Now we are heading to League One again, and you're looking to see where this valuation is coming from. But this is a club on its knees, and we’ve got an owner who had a chance to sell, but he has turned it down and he keeps asking for more money.

“Being a big club alone isn't enough. You need to have tangible resources to justify such a figure. You need a stadium, squad, facilities and training facilities.

“The revenue generated from ticket sales just makes this figure a lot lower than it is, and the fact is nobody is going to pay £100 million, so he is going to have to accept a lot less.

“You know what? That is his own fault. If he had run us sensibly, the club would be valued much more than when he bought us and he could have been looking at a profit.

“But £100 million, Chansiri, you're having a laugh.”

Dejphon Chansiri will have to drop Sheffield Wednesday asking price to attract new buyers

£100 million would be a mammoth amount to spend on Sheffield Wednesday in normal circumstances, never mind in their current condition.

There has arguably never been a less attractive time to buy the Owls, due to the elderly nature of Hillsborough and the financial issues that would need to be addressed.

It’s hard to see how the Thai businessman has come to the conclusion that £100 million is an adequate asking price, especially when he bought the club for just £37.5 million in 2015.

With the Owls now managerless and July’s payday looming, the situation on the blue and white side of Sheffield is still extremely perilous.

Therefore, if Chansiri wants any chance of selling, he must lower his asking price to a realistic amount.