Sheffield Wednesday have announced they have entered administration, with the EFL confirming the club have been docked 12 points immediately.
The Owls, whose financial difficulties have been well documented in recent months, issued a statement on Friday afternoon announcing the appointment of administrators.
The EFL followed with a statement of its own which confirmed the 12-point sanction for entering administration but pointed out the process "presents Sheffield Wednesday with the opportunity to move matters towards a successful sale and secure future under new ownership".
Wednesday said they had appointed insolvency firm Begbies Traynor as administrators, with Dejphon Chansiri's controversial ownership of the club now over.
The club said appointing administrators had followed "signi

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