{"id":583437,"date":"2025-11-20T22:37:18","date_gmt":"2025-11-20T22:37:18","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/583437\/"},"modified":"2025-11-20T22:37:18","modified_gmt":"2025-11-20T22:37:18","slug":"deep-pockets-11-bidders-eyeing-sheffield-wednesday-takeover-issued-strong-warning","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/583437\/","title":{"rendered":"&#8216;Deep pockets&#8217; &#8211; 11 bidders eyeing Sheffield Wednesday takeover issued strong warning"},"content":{"rendered":"<p><strong>Parties interested in buying Sheffield Wednesday must be prepared to spend big on bolstering the squad and stadium.<\/strong><\/p>\n<p>That&#8217;s according to football finance expert Stefan Borson, who says there are 11 bidders looking to take over the stricken <a href=\"https:\/\/talksport.com\/football\/efl\/\" target=\"_blank\" rel=\"noopener\">EFL<\/a> club.<\/p>\n<p>Simon Jordan reveals what he thinks Sheffield Wednesday are currently worth!<a href=\"#\"><img decoding=\"async\" alt=\"Sheffield Wednesday home stadium Hillsborough.\" height=\"640\" width=\"960\" data-credit=\"Getty\" data-img=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/11\/general-view-inside-stadium-prior-1033769557.jpg\" data-caption=\"Wednesday are in administration but awaiting new owners\"   loading=\"lazy\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/11\/general-view-inside-stadium-prior-1033769557.jpg\" role=\"img\"\/><\/a><\/p>\n<p>3<\/p>\n<p>Wednesday are in administration but awaiting new ownersCredit: Getty<\/p>\n<p><a href=\"https:\/\/talksport.com\/sport\/football\/team\/113164\/sheffield-wednesday\/\" target=\"_blank\" rel=\"noopener\">Wednesday<\/a> were <a href=\"https:\/\/talksport.com\/football\/3673938\/sheffield-wednesday-administration-point-penalty\/\" target=\"_blank\" rel=\"noopener\">placed into administration<\/a> last month after years of financial struggles under the ownership of Dejphon Chansiri.<\/p>\n<p>The <a href=\"https:\/\/talksport.com\/football\/efl\/championship\/\" target=\"_blank\" rel=\"noopener\">Championship<\/a> side owe around \u00a31million to HMRC in unpaid tax and were docked 12 points in the second tier of English football.<\/p>\n<p>However, whilst Wednesday look set for relegation to League One, their administration has effectively ended Chansiri&#8217;s troubled reign.<\/p>\n<p>Fans also flocked to their club megastore <a href=\"https:\/\/talksport.com\/football\/3677414\/sheffield-wednesday-last-minute-change-administration-championship\/\" target=\"_blank\" rel=\"noopener\">for tickets and merchandise<\/a> to show their support amid an uncertain future.<\/p>\n<p>Speaking on White and Jordan, Borson revealed that there&#8217;s plenty of interest in Wednesday ahead of their new dawn.<\/p>\n<p>However, he warned bidders of the need to deliver heavy spending in order to revitalise the club once a takeover has been completed.<\/p>\n<p><strong>Wednesday takeover update<\/strong><\/p>\n<p>&#8220;I&#8217;m working with one of the bidders. There are a number of bidders in play, a number of credible players around,&#8221; Borson said.<\/p>\n<p>&#8220;Apparently, there&#8217;s 11 that have given proof of funds for \u00a350m of liquid assets. That is a serious process, and there is serious interest.<\/p>\n<p>&#8220;The issue is actually that you can&#8217;t just look at the headline price here. This is a club that&#8217;s not had a lick of paint for quite some time and by the end of this season it will be in League One. <\/p>\n<p>&#8220;It will have almost no squad and it will have a stadium that needs significant spending. So anybody that comes in is going to have to have deep pockets.<\/p>\n<p><a href=\"#\"><img decoding=\"async\" alt=\"Hillsborough stadium\" height=\"640\" width=\"960\" data-credit=\"Getty\" data-img=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/11\/general-view-hillsborough-stadium-sky-1013182690.jpg\" data-caption=\"Borson says there are 11 bidders interested in purchasing the club\"   loading=\"lazy\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/11\/general-view-hillsborough-stadium-sky-1013182690.jpg\" role=\"img\"\/><\/a><\/p>\n<p>3<\/p>\n<p>Borson says there are 11 bidders interested in purchasing the clubCredit: Getty<\/p>\n<p>&#8220;I think the people that are circling do have deep pockets, but it is not going to be a cheap deal for anybody. The challenges are great. <\/p>\n<p>&#8220;Getting out of League One and putting Sheffield Wednesday where they want to be back in the Premier League is not going to be a simple journey.&#8221;<\/p>\n<p><strong>How the Chansiri era fell apart<\/strong><\/p>\n<p>Wednesday, who were playing Premier League football at the turn of the century, were bought by Thai businessman Chansiri in 2015.<\/p>\n<p>He vowed to get them promoted from the Championship to the top flight within two years, but this never came to fruition.<\/p>\n<p>The Owls were eventually dealt their financial woes with outstanding debt and late wage payments.<\/p>\n<p>Chansiri controversially called for fans to raise \u00a32m to help deal with their cashflow issues in October 2023.<\/p>\n<p><a href=\"#\"><img decoding=\"async\" alt=\"Sheffield Wednesday owner Dejphon Chansiri\" height=\"640\" width=\"960\" data-credit=\"Getty\" data-img=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/11\/1763678238_968_dejphon-chansiri-owner-chairman-sheffield-970570383.jpg\" data-caption=\"Wednesday fans continuously protested against Chansiri and his reign as owner\"   loading=\"lazy\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/11\/1763678238_968_dejphon-chansiri-owner-chairman-sheffield-970570383.jpg\" role=\"img\"\/><\/a><\/p>\n<p>3<\/p>\n<p>Wednesday fans continuously protested against Chansiri and his reign as ownerCredit: Getty<\/p>\n<p>Further late payments were accompanied by registration embargoes, as well as transfer window sanctions until the beginning of 2026.<\/p>\n<p>Shortly before the beginning of the 2025\/26 season, <a href=\"https:\/\/talksport.com\/football\/3422473\/danny-rohl-sheffield-wednesday-leaves-efl-championshp\/\" target=\"_blank\" rel=\"noopener\">manager Danny Rohl left<\/a> and players <a href=\"https:\/\/talksport.com\/football\/3433791\/sheffield-wednesday-friendly-cancelled-efl-championship-fixtures\/\" target=\"_blank\" rel=\"noopener\">refused to play in a pre-season friendly<\/a>.<\/p>\n<p>The North Stand at Hillsborough was closed amid safety fears, and <a href=\"https:\/\/talksport.com\/football\/3479335\/sheffield-wednesday-fans-mock-funeral-protest-hillsborough\/\" target=\"_blank\" rel=\"noopener\">fans staged a mock funeral<\/a> before their first home match.<\/p>\n<p>They also <a href=\"https:\/\/talksport.com\/football\/3614408\/sheffield-wednesday-coventry-match-stopped-pitch-invasion-protest\/\" target=\"_blank\" rel=\"noopener\">invaded the pitch<\/a> during their Championship clash at home to Coventry City in October in further protest against the ownership.<\/p>\n<p>Players also <a href=\"https:\/\/talksport.com\/football\/3598808\/sheffield-wednesday-pay-strike-efl\/\" target=\"_blank\" rel=\"noopener\">threatened to strike<\/a>, with wages not being paid for the fifth time in seven months.<\/p>\n<p>Wednesday are bottom of the Championship on minus four points, 17 points from safety, and face rivals Sheffield United on Sunday.<\/p>\n","protected":false},"excerpt":{"rendered":"Parties interested in buying Sheffield Wednesday must be prepared to spend big on bolstering the squad and stadium.&hellip;\n","protected":false},"author":2,"featured_media":583438,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8817],"tags":[116956,748,393,4884,1620,21069,50703,16,15],"class_list":{"0":"post-583437","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-sheffield","8":"tag-bidders","9":"tag-britain","10":"tag-england","11":"tag-great-britain","12":"tag-sheffield","13":"tag-sheffield-wednesday","14":"tag-takeover","15":"tag-uk","16":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115584425496378778","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/583437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=583437"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/583437\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/583438"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=583437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=583437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=583437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}