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Sheffield Wednesday owner Dejphon Chansiri says they have paid their bill with HM Revenue and Customs and will come out of a transfer embargo.
Chansiri then said in an interview earlier this week he might need assistance from fans to raise £2m to cover the HMRC bill and this month’s wages because of a “cashflow” problem.
However, he said he has now been able to pay the HMRC debt and wages in full.
“Money owed to me was late and this had the potential to impact on the club,” he told the club website.
“In business, what happens today can be very different tomorrow and right now this is finished.”
Wednesday are bottom of the Championship with six points from their first 14 games.
They are eight points adrift of safety but did record their first league win of the season on Sunday with a 2-0 home victory over Rotherham.
Analysis – Latest saga seems ‘avoidable’
BBC Radio Sheffield sports manager Rob Staton
Not that long ago, Chansiri published a statement warning fans he wouldn’t be putting in any additional funds, following protests at his running of the club. Days later, he sacked Xisco Munoz and his entire backroom staff.
Then he effectively put out another statement proposing fans help raise £2m to pay off a debt to HMRC, leading some fans to actively put money into online fundraising accounts, only to resolve the matter himself two days later. It’s been a confusing period for supporters.
You have to wonder about the reputational damage to the club with national headlines like ‘Sheffield Wednesday on the brink of collapse’, when it all seems so avoidable.
Some fans contacting us have suggested this is all just a game, with a chairman dissatisfied with criticism he feels is unwarranted.
Chansiri is also developing a habit of turning a positive into a negative. Promotion swiftly led to Darren Moore’s departure.
Xisco’s introductory press conference led to the infamous Carlton Palmer rant against the owner.
Now the club’s first win under new boss Danny Röhl has been overshadowed by this latest drama.
