The Championship is a league with some big spenders. But Sheffield Wednesday are not one of those teams.
Instead, those with parachute payments or new and wealthy owners are the ones who spend the most, and more often than not, the ones who enjoy the most success.
Sheffield Wednesday under chairman Dejphon Chansiri are very restricted in what they can do in the transfer market.
But last summer, and to Chansiri’s credit, he spent money, including £2.5million on Ike Ugbo and £500,000 on Yan Valery.
A couple of seasons ago, the Owls quite notoriously boasted a very inflated wage bill. But what does the club’s wage bill look like now, and how does it compare to the rest of the Championship?
Sheffield Wednesday’s weekly wage bill revealed
Per Capology, Sheffield Wednesday’s highest-earning player right now is Barry Bannan who takes home just over £24,000-a-week.
Elsewhere, Ugbo earns £20,000-a-week and so too do Nathaniel Chalobah, Yan Valery, and Dominic Iorfa.
It leaves Sheffield Wednesday with a total weekly wage bill of £297,000 with the average weekly wage of a first-team player being £11,800, making an annual payroll of £15.46m.
Every Championship club’s weekly wage bill
Here is a list, in order of highest to lowest, of every Championship club’s weekly wage bill, per Capology.
Leeds United – £708k
Burnley – £596k
West Brom – £442k
Sheffield United – £439k
Luton Town – £425k
Norwich City – £418k
Cardiff City – £393k
Watford – £351k
Middlesbrough – £312k
Sheffield Wednesday – £297k
Stoke City – £294k
Hull City – £285k
Bristol City – £260k
Preston North End – £238k
Derby County – £236k
Blackburn Rovers – £234k
Millwall – £232k
Swansea City – £231k
Coventry City – £213k
Oxford United – £211k
QPR – £208k
Plymouth Argyle – £173k
Portsmouth – £139k
Sheffield Wednesday’s weekly payroll tumbles from 2023/24 season
Per the same source again, Sheffield Wednesday’s wage bill has dropped from £337k last season to £297k this season, owing to certain player departures.
Capology includes Jeff Hendrick’s Newcastle United wage in that figure, though it was speculated that the Owls weren’t paying all of, if all that much of, the Irishman’s £35,000-a-week salary.
Elsewhere, Will Vaulks, Cameron Dawson, Lee Gregory, and George Byers all leaving has helped take close to £40,000 of the Owls’ weekly wage bill.
These numbers should of course be taken with a pinch of salt. But they certainly make for interesting reading from an Owls perspective and from a Championship perspective too.
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