Sheffield Wednesday boss Alan Irvine says he will be "bitterly disappointed" if the club enter administration this season, reports the Yorkshire Post. Although the Owls survived a midweek winding-up petition in the High Court, chairman Howard Wilkinson refused to rule out the possibility of administration in the near future.
Under Football League rules, any club that takes that route is docked 10 points - a penalty which would drag the Owls from the top to the bottom of the current League One table.
Irvine, said: "It is very difficult to win points - so we don't want to give them away cheaply. It would be awful if there was a deduction.
"We all hope that there won't be a problem and we won't face a situation where we do get deducted points. We would be bitterly disappointed if that happened but, if it did, we would have to get on with it.
"I didn't think it would go as close as it was this week," he added.
"I honestly expected things to be resolved. When it went all the way to the hearing, you probably think that is getting too close for comfort."