Sheff Wed wages to be paid on time thanks to fans

One of the joint-administrators for Sheffield Wednesday says wages can be paid on time for November and December after fans ended their boycott of the club.

Kris Whitfield, managing partner at Begbies Traynor, confirmed cash flow had increased to meet short-term costs thanks to the efforts of Wednesday supporters in buying match tickets and merchandise.

Fans had stayed away from Hillsborough in the opening weeks of the campaign to protest at former owner Dejphon Chansiri.

"This puts the club on a sounder footing going forward and comes at a time when serious bidders will be examining the finances and analysing the potential of this historic club," Whitfield said in a statement.

"We all think it is very important that the fans know what a huge difference they are making."

The joint-administrator also revealed there had been interest from around the world in buying the South Yorkshire club.

Wednesday have been in administration for three weeks and offers can be made until the 28-day initial deadline of Friday, 21 November.

When that deadline passes, the administrators will hope to see serious offers put forward before they can then reach preferred bidder status for acquiring the club.

However, Whitfield advised caution over the idea of a quick sale going through, preferring to secure the best in the long-term interests of Wednesday.

"We will hope to see concrete offers made soon as enquiries - which have been well into the double figures from across the globe - are thinned down into serious and viable bidders that can secure the long-term future of Sheffield Wednesday," he added.

"It is during this period that even more patience will be required."

Wednesday are bottom of the Championship with minus four points, having had 12 points deducted. Their next game is the Steel City derby against Sheffield United at Hillsborough on 23 November.