‘Four or five serious bids’ for Sheffield Wednesday

By the end of the year, the club could have new owners, according to Sheffield Wednesday’s joint administrator, who claims they have “four or five” serious bidders.

After Dejphon Chansiri placed the Championship club in administration on Friday, Kris Wigfield is spearheading the search for new owners.

According to EFL regulations, Wigfield claims that the Owls have already received substantial interest and must remain on the market for 28 days.

In the January transfer window, he claimed he hopes the new owners are able to sign new players.

According to Wigfield, “as always, you get a lot of interested parties that probably don’t meet the criteria, but from the numerous inquiries we’ve had, we’ve definitely found that there are already four or five interested parties that appear to be the real deal.”

There are two things new owners must first satisfy before beginning a dialogue and there is a chance to make an offer.

They must first demonstrate to the administrators that they can sustain the football team. They must demonstrate that they have the necessary funds to finance it for the foreseeable future.

With a view to finishing the purchase of Wednesday before the year’s end, Wigfield anticipates that the sale will proceed quickly and that a group may have preferred-bidder status on March 1.

He said, “We must market the club for 28 days in accordance with EFL regulations.” Therefore, we will need at least 28 days to achieve preferred-bidder status.

So I’m optimistic that, if things turn out well, we might be able to determine who will buy the football team by the end of November.

If the EFL permits the new owner to buy players, “then hopefully a deal can be concluded this calendar year, so that the new owner is in for… the January transfer window.”

After their previous boycott, Wednesday’s fans returned in their thousands on Saturday. A season-best 27,261 people were present for the 2-1 defeat to Oxford at Hillsborough.

According to Wigfield, supporters have already spent more than $500,000 on merchandise and merchandise for the club to keep the Owls going.

The fans have already contributed more than $500,000 to the campaign through the purchase of tickets and merchandise since Friday, he continued. “We had no money to start with.

The response has been incredible, but we must continue to raise money so that we can pay the salaries on Friday.