Sheffield Wednesday placed into administration

Alex Miller reports from Hillsborough after Sheffield Wednesday were placed in administration

Transcript

00:00Hello, as you can see I'm here outside Hillsborough Stadium. Half an hour or so

00:04after Sheffield Wednesday were officially placed in administration. Corp

00:09docks were sealed and returned somewhere around midday and yeah Sheffield

00:15Wednesday are in administration. A dark day for the club, the first time the club

00:20has been placed in this measure after months and months of torrid spiralling

00:26downturn under Deponchanseri. Clearly an uncertain time for the employees here

00:32for the future of the club. It does bring an end to the control of Deponchanseri.

00:39As I said a turbulent few months, five in the last seven months the club has failed

00:44to fulfill its financial obligations to its workforce and yeah clearly an uncertain

00:51time as I say. Begbie's trainer are the administrators who have been brought in.

00:57They've also taken administration of Sheffield 3 which is the company that owns

01:02the stadium. That was a concern for Wednesday fans when these stories started

01:08emerging that that would be a separate entity. It does allow the

01:11administrators to complete the reacquisition of the club as a package.

01:17So yeah, this is a developing story. There's plenty on the Star website already in terms

01:23of the last two, two and a half weeks, how things have played out. It's been a real

01:27back and forth between Thailand and the UK but Sheffield Wednesday are officially in

01:33administration.