Overview
- Begbies Traynor’s Julian Pitts, Kris Wigfield and Paul Stanley were appointed on Oct. 24 as joint administrators to the club and the stadium company, taking operational control.
- The EFL confirmed the automatic 12-point deduction for entering administration, leaving Wednesday on minus six points and well adrift of safety.
- Administrators say fixtures will continue without interruption as they invite bids and work toward a swift sale to a credible buyer.
- Financial pressures include repeated late wage payments this year and a reported tax liability of about £1 million to HMRC under owner Dejphon Chansiri.
- Supporters’ groups and administrators are urging fans to return after control passed to administrators, with attendances seen as vital to stabilising day-to-day operations.