Sheffield Wednesday could face further potential points deductions from the EFL despite ‘concrete’ interest from at least four different buying parties. Here’s the latest on everything from Hillsborough.

Sheffield Wednesday filed for administration on Friday morning following months of financial jeopardy at the hands of former owner Dejphon Chansiri. The club failed to correctly pay wages several times under Chansiri, leading to EFL transfer embargos and winding up orders from HMRC.

There have been significant developments from Hillsborough over the weekend, including the emergence of potential buyers and the potential for further points deductions.

@scottcain13 WAWAW #swfc #wawaw #uto #fyp #foryou ♬ original sound – Scott Cain

Administrators Begbies Traynor Group told BBC 5 Live on Saturday that there are at least “four or five different parties” who have expressed an interest in buying the club. Both the administrators and the EFL are looking for a quick sale, and discussions are expected to take place over the coming days.

Owls fans have already raised over £500,000 for the club through ticket and merchandise sales, with 27,000 attending Wednesday’s Championship game against Oxford United at Hillsborough on Saturday. The club is believed to owe in excess of £1 million in unpaid taxes to HMRC, alongside other debts.

Largely positive updates from Hillsborough over the weekend were quashed when Sky Sports announced that further points deductions could be possible for Sheffield Wednesday.

Any further deductions will be determined by two separate commissions, one for last season’s charges, and one for this season’s. The good news for the Owls is that any potential deductions would come into effect this season, meaning that Henrik Pedersen’s men would be able to start afresh next season.