The Owls say the delay in payment is only temporary and chairman Dejphon Chansiri is attempting to resolve the issue.
A club statement on swfc.co.uk read: “Sheffield Wednesday can confirm a temporary issue with the payment of player salaries for the month of March.
“This has occurred as a result of significant sums of money owed to the chairman’s businesses which has in turn impacted on the club’s immediate cashflow.
“The chairman is working hard to resolve this situation at the earliest possible opportunity and in the meantime thanks everyone for their patience and understanding.”
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Ian Bennett, chair of The Sheffield Wednesday Supporters’ Trust, said in a statement: “We are very concerned once again about the financial instability affecting the club and the implications it may have on its operations and reputation. The Trust wants to see full transparency and accountability in addressing these issues.
“We urge the chairman to resolve the situation immediately to ensure the payment of the players and staff, as is their contractual right. This development will understandably have left fans feeling uneasy about the club’s immediate future. Fans were already saying enough is enough. We just can’t go on like this.”
Wednesday are currently 12th in the Championship, five points adrift of the play-offs, and host Hull in their next match on Saturday.
Boro‘s penultimate away game of the season is at Sheffield Wednesday on Easter Monday.