A number of Sheffield Wednesday’s takeover candidates are now reportedly considering a fresh move to get the sale of the club over the line.
Sheffield Wednesday dealt fresh point deduction
Despite the fact that Dejphon Chansiri is no longer at the club and Sheffield Wednesday are in administration, they’re still facing the consequences for the actions of their former owner. The EFL confirmed earlier this week that the Owls have been dealt a further six-point deduction on top of the initial 12 points that they had deducted.
It’s frustrating news for Wednesday, who were already destined for League One. Administrators will now be hoping to hand supporters some better news regarding the club’s takeover process.
So far, bids have arrived and been rejected from the likes of Mike Ashley, who is looking to get back into English football for the first time since leaving Newcastle United.
Administrators initially set a soft deadline of December 5, but it remains to be seen whether they can actually stick to that on Thursday. Instead, the Owls’ pain may be prolonged as candidates prepare to take a new approach to takeover attempts.
Sheffield Wednesday candidates considering joint bid
As reported by City AM, a number of candidates are considering a joint bid to buy Sheffield Wednesday to get the takeover across the line. The Championship club reportedly have six bidders on the table, but could see some of those opt to join forces to match their £30m valuation.
Sheffield-born takeover candidate makes key contact in race to buy Sheffield Wednesday
He could buy his local club.
ByTom Cunningham
As things stand, there is no clear favourite to buy the club and Begbies Traynor’s initial deadline is likely to be pushed back until at least next week.
In the meantime, the Owls could continue looking at the free agent market. Although they are yet to welcome new owners, those at Hillsborough have already signed both Nathan Redmond and former Leeds United man Liam Cooper.
Whether it’s joint-bidders or just the one candidate in the coming weeks, Sheffield Wednesday’s new owners will instantly have their eye on success in League One next season following the club’s inevitable relegation.
Earning instant promotion back to the Championship whilst finally adding financial stability to the club should be top of the wishlist of the new owners.
Simon Jordan reveals Sheffield Wednesday "consortium" as next takeover step shared
