Other than the iconic Owl (which in this logo is still incorrect as per the original but I'm splitting hairs), this is the worst MS WordArt rubbish we've ever had.
The shape of the crest says nothing, the font choice is terrible and the less said about the slanted EST 1867 the better.
Our logo should evoke the above. I don't mind it being the classic Owl in a roundel, or with a surround, but this is the iconic clean look that instantly means Sheffield Wednesday.