The current owner of Sheffield Wednesday, Dejphon Chansiri, is not planning to sell the club any time soon.

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That's according to a report by The Sun (via Football League World), who claim that despite the fact the Owls suffering relegation to the third tier of English football this season - something that could quite easily be pinned on Chansiri's actions - the businessman has no intention of selling the club this summer.

It is also reported that one interested party enquired about the purchase of the club and were quoted a figure of a rather excessive £160 million to even begin discussions over any potential deal.

Bad news for fans

While the blame for the club's relegation does also partially lie with the Wednesday players, as the Owls won just 50% of the fixtures in which they had taken the lead this term, Chansiri's actions throughout the course of the campaign, as well as in the years leading up to this season, have undoubtedly played a major role in the club's demise.

The club started the season with a 12 point deduction due to the owner's breaching of spending rules, and, although this penalty was reduced to six points upon appeal, ultimately, if Chansiri had not been so careless with the finances of the club which led to the deduction of points, the Owls could have avoided the drop.

Furthermore, the businessman's decision to sack Garry Monk and replace him with Tony Pulis, only to then sack the latter after just 10 fixtures in charge, will not have benefited the squad whatsoever, as the chopping and changing of management, with each coaches' implementation of style naturally taking a while to be put into action by the players, will have had a negative impact on the level of performance of the team.

As such, the news that Chansiri, who has issued a statement personally accepting responsibility for the relegation, has no intention of selling up is likely to come as infuriating news for fans of the club, who must be sick to the back teeth of the owner's reckless actions.

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