SHEFFIELD WEDNESDAY missed out on a Danny Rohl windfall weeks before his exit.
German side Wolfsburg were willing to pay almost £1million compensation to bag him.
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But owner Dejphon Chansiri wanted the full figure in boss Rohl’s contract — which was more than double that sum.
Rohl, 36, left the crisis club by mutual consent on Tuesday.
Meanwhile, long-serving Liam Palmer, 33, will NOT hand in his notice despite the Owls’ current problems.
And neither will skipper Barry Bannan, who has signed a new contract at Wednesday to keep his daughter happy.
The midfielder, 35, was a free agent and claimed he turned down “interest from elsewhere” to remain at Hillsborough for an 11th consecutive season.
It was a surprising announcement given Wednesday’s dire financial situation ahead of their opening Championship clash at Leicester on Sunday August 10.
Under the ownership of Thai businessman Chansiri, there have been late payments to HMRC, transfer embargoes, multiple failures to pay the wages of players and staff members, and rising debts.
They only have 15 first-team squad members and departed manager Rohl has been replaced by his Danish assistant Henrik Pedersen.
Yet Bannan struck an optimistic note as he explained his reasons for staying in the blue-and-white half of the Steel City.
The Scottish father-of-two, who has made 447 Wednesday appearances, revealed that his children are delighted he is not leaving.
He said: “Being out of contract, it was the first time that has happened to me in my career so it’s been hard.
“Deep down inside I always knew what I wanted to do.
“At times it seemed like what I didn’t want to do could happen but now I’m delighted to get it done and I can look forward.
“There’s loads of reasons really. I’ve made it clear over the years my love for the club and the love I receive back.
“This club is a big part of me and my family, who are with me here as I’m signing.
“They will always stand by me with whatever decision I make and I’ve decided to stay.
“With the season getting closer, this last week has been tough because there was interest from elsewhere and I had a lot to think about.
“We had a lot of conversations as a family and when I told my daughter Elsie that I might be leaving she started crying.
“Then last night when I told her I was staying she started crying again. I asked her why and she said they are just happy tears.”
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