Overview

• The EFL confirmed on June 18 that the fee ban covers this summer’s window plus Winter 2026 and Summer 2026 after the club exceeded 30 days of late payments between July 1, 2024, and June 30, 2025.
• Sheffield Wednesday and owner Dejphon Chansiri were charged on June 3 for missing March and May wage payments, and the club has lodged an appeal before an Independent Disciplinary Commission.
• The club remains under a registration embargo for the third time since the 2023–24 season, further constraining its ability to register new players.
• Despite the fee restriction, Wednesday can still recruit players on free transfers and no-fee loans during the affected windows.
• The Professional Footballers Association has condemned the wage delays, intensifying pressure on Chansiri to sell after two bids from a US consortium led by John Flanagan were turned down.