ChinaOwl

I do honestly hope you are right. I also cannot wait to see the back of DC. However, I do not think it will be as easy as you suggest, and the new Football Regulator will have the teeth that many supporters are hoping for. There still has to be due process. If Chansiri thought there was a chance of being kicked out by the IFR, do you not think he would be jumping at any offer on the table rather than stubbornly digging his heels? I am fairly certain he will have sought legal guidance and clearly understand the situation. It's complex and will, at the very least, take months, if not years, to force him out, unless he fails to meet legal obligations related to HMRC or Companies House.

I hope you are right. But I bet this thing will not be as straightforward as you suggest. Nothing ever is!

Which, unfortunately, would take more time to complete.

It may be trickier than you are suggesting. My guess is that if Chansiri were backed into a corner, he would simply transfer ownership of the club to another party, likely his son or wife. Whilst it would be blatantly obvious what he has done and why, the legal position would be that he is no longer the owner and, therefore, charges brought by the Football Regulator do not apply in this situation. But nothing of any substance would have really changed.

A guy was arrested for joyriding. Tommy Tukamota.

Someone laughed at that. But Sheffield Wednesday is not unique in this type of collapse. Within the football supporting lifetime of many Owlstalk site members, a similar club in terms of stature and tradition went into freefall, dropping all the way from top-flight football to the fourth tier. That was Wolverhampton Wanderers. It took the emergence of a local lad to spark a rapid revival. That is sometimes all it takes to spark a major upturn in fortune. Just one local lad became club legend and saviour! Similarly, it is not that long ago that Brighton had no money, hardly any assets, and no stadium. They had to fight with the likes of Hereford to remain a football league club. Look where they are now. There is plenty of daylight beyond the doom and gloom - something can and will turn the tide!

I think he might be more at home on the right!

The only link is that Dejphon Chansiri is the son and brother of the Chairman and CEO, respectively. Thai Union has an operating model based on the purchase of global food businesses. They invest in such companies to make them leaner and more efficient, thereby increasing their profitability. When shareholders invest in Thai Union, that is what they expect to be buying into. Statements are issued to distance the company from any suggestion that it is involved in sports investment. That is to prevent shareholders from asking the executive board tricky questions at the AGM, as they are likely to do if they believe that the capital they have invested is being used in a manner they did not expect.

It is a publicly listed company. The capital belongs to the collective shareholders. Statements are put out to reassure shareholders. They care not a jot about Sheffield Wednesday. They care only about the share price and the return on personal investment.

Maybe we should crowdfund a ticket to Venice for the artist. Throw in a decent pair of waders for him/her too.

I think the financial regulators should initiate an investigation into D-taxis and Elev8, looking for any suspicious dealings behind these entities. It should then be possible to identify other irregularities up the chain. There may be perectly reasonable rationale behind establishing what appear to be shell companies. But that is the point I would start at.

I'm a sado-masochist.

I'm not sure who'd want Pedersen either. It just comes across as the kind of rounduns that would go through Chansiri's mind.

Or Chansiri has lost his marbles altogether, does not intend to sell, and has stuck Pedersen on a long contract, expecting a decent compensation package if Pedersen moves on? Who the feck can read Chansiri's mind?