Three parties give proof of funds to buy Sheff Wed

The administrators of Sheffield Wednesday have received evidence of £50 million in funding to buy the Championship club from three parties.

More interested parties are likely to come forward, according to BBC Sheffield.

Dejphon Chansiri’s 10-year ownership of the Owls was ended last Friday when they were put in administration.

They were placed in administration after the English Football League (EFL) deducted them 12 points, leaving them 16 points adrift of safety.

The club’s administrators reported on Thursday that they had received all of their wages one day earlier than expected.

Under Chansiri’s chaotic management, wage payments had been delayed in five of the previous seven months.

Fans have started a boycott of the club since it became public, with many supporters not showing up for meetings with Leeds United and Grimsby Town at Hillsborough and Middlesbrough’s home league game this month.

Fans have already spent more than £500, 000 on tickets and in the club shop, according to administrator Kris Wigfield, who is looking for new owners.

According to him, there are already “four or five interested parties that appear to be the real deal,” but the club must still be on the market for 28 days in accordance with EFL regulations before transferring to preferred-bidder status.

He stated on BBC 5 Live’s Wake Up To Money program, “I’m optimistic that by the end of November, if things turn out well, we might know who will buy the football team.”

If the EFL permits the new owner to buy players, “hopefully a deal can be reached this calendar year” to allow the new owner to enter the January transfer window.

Hundreds of fans also attended a free first-team training session earlier this week at the Owls’ home ground.