Potential Sheffield Wednesday buyer’s unthinkable offer that would make fans’ blood boil was instantly rejected

Sheffield United’s owners may have some explaining to do after staggering reports emerged that they enquired about the purchase of Sheffield Wednesday.

Wednesday’s drawn-out takeover process continues, with a shortlist finally emerging to fully rid the club of the profoundly unpopular Dejphon Chansiri.

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The Telegraph claim that around 80 different parties made initial inquiries, and incredibly United’s owners were among them.

COH Sports contacted administrators, but a deal was instantly ruled out, with such an ownership structure impossible in the EFL, let alone with such a fierce rivalry at stake.

Yet to make matters even more staggering, the Daily Mail adds that one party from the Wednesday side wanted to merge the two teams.

Such suggestions are undoubtedly ludicrous, but show how wide-reaching the appeal of the stricken Championship side is.

Speaking to talkSPORT, football finance expert Stefan Borson said that there are 11 bidders for the Owls, and that he is involved with one of them.

“I’m working with one of the bidders. There are a number of bidders in play, a number of credible players around,” Borson said.

“Apparently, there’s 11 that have given proof of funds for £50m of liquid assets. That is a serious process, and there is serious interest.

“The issue is actually that you can’t just look at the headline price here. This is a club that’s not had a lick of paint for quite some time and by the end of this season it will be in League One.

“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.

“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.

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“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.”

Wednesday currently owe £1million to HMRC in unpaid taxes and were placed into administration on October 24.

The club is under a number of transfer embargoes from Chansiri’s reign as a result of late payments.

Their administration also resulted in a 12-point deduction, meaning they’re now 19 from Championship safety.

Yet despite any prospective owner almost certainly taking charge of a League One side for the 2026/27 season, former Crystal Palace chairman Simon Jordan still believes Wednesday should attract plenty of interest.

“It’s a club that I always speak about because I look at it and wonder why it’s languishing,” the talkSPORT host said in August.

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“It’s got scale, it’s a big football club, there’s a reason why Hillsborough got used up to a point, for FA Cup semi-finals.

“But I’ve been to that club, I’ve watched it, I’ve seen the fan base. If you buy a London football club, you’ve got a whole wrath of challenges.

“You buy a powerhouse like Sheffield Wednesday that’s in Yorkshire, not just Sheffield, that could be garnered and pushed forward.”