By Harry Mottram: The owners of high street shops, manufacturing outfits, logistic companies and Britain’s many thousands of SMEs must scratch their heads when they look at what has happened to Sheffield Wednesday FC this year. Insolvent, in administration and up for sale with £80m of debt, surely the club would have to be liquidated? Not so. Football clubs in financial difficulties are treated differently by the authorities compared to any commercial company that goes bust. After an elongated period of administration the Sheffield club have been sold in what amounts to an unofficial pre-pack to Arise Capital Partners who bought club and stadium after the previous owner’s tenure Dejphon Chansiri came to…
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