Sheffield Wednesday takeover bid set to fail as “two-horse race” emerges
da roleta: The Sheffield Wednesday takeover is now down to a “two-horse race” with a decision on which party will move forward with exclusivity just days away.
Sheffield Wednesday concern sparks "two-horse race"
da pinup bet: Administrators initially set a soft deadline of December 5 for the takeover to be completed, but that date has now passed and Sheffield Wednesday are yet to receive new owners. After the disaster and controversy of Dejphon Chansiri’s tenure, those at Hillsborough are rightly keen to find the perfect candidates for the job.
Releasing a statement earlier this month, co-administrator Kris Wigfield chose to remain positive as the search for Sheffield Wednesday’s next owners continued.
Bord’s company advise Sheffield United and owns Scottish side Dunfermline Athletic. Whether their involvement in the Blades has forced Wednesday to look elsewhere remains to be seen.
Amass repeat: Sheffield Wednesday now express interest in signing PL gem
The Owls could land a loan deal.
ByTom Cunningham
What that does mean is that the Owls are likely down to just two candidates. According to the Daily Mail’s Mike Keegan, Mike Ashley and John McEvoy are part of a “two-horse race” to buy the club and Sheffield Wednesday are set to hand one candidate “exclusivity” within days.
Sheffield Wednesday takeover down to McEvoy and Ashley
It’s the biggest decision in Sheffield Wednesday’s most recent history and it looks as though administrators will have McEvoy and Ashley to pick from.
If it is Ashley that they choose, then the pressure will be straight on the former Newcastle United owner, who is no stranger to criticism. However, it is worth noting that he cleared the Magpies’ debt when he arrived.
From a financial standpoint, Ashley would provide stability, albeit without high ambitions. In terms of those riches, the 61-year-old is reportedly worth £3.12bn but has so far submitted the lowest bid to buy Sheffield Wednesday.
McEvoy, meanwhile, is reportedly set to meet with the club today as he looks to jump ahead of his takeover rival to take his first steps into the world of football.
A minority owner of NHL side Nashville Predators and MLB side Colorado Rockies, the American billionaire is no stranger to sports ownership, but most of his success has come in the music world. The Sheffield Wednesday candidate owns Various Artists – a talent agency which manages the likes of Mel C and Tom Grennan.
"Understand" – Miller shares "crucial" Sheffield Wednesday takeover bids update