Three-horse Sheffield Wednesday takeover race revealed as Mike Ashley battles US billionaire and Scottish club owner

SHEFFIELD WEDNESDAY are the subject of a three-horse takeover race.

It is hoped a new owner will be in place early in the new year with the leading candidates revealed.

Mike Ashley, wearing a teal blazer and white shirt, waves while arriving at the High Court.
Former Newcastle United owner Mike Ashley is one of three candidates keen on dealCredit: Alamy
Hillsborough Stadium, home of Sheffield Wednesday, with empty blue seats and a green field.
Sheffield Wednesday are reportedly up for grabs at a price tag in the region of £30mCredit: Getty

The Daily Mail report that former Newcastle United owner Mike Ashley is one of the trio alongside a US consortium made up of two previously opposing groups led by John McEvoy and the Storch family.

The third party is a group involving Dunfermline Athletic co-owner James Board – a team from the Scottish Championship.

The same publication report that the Owls have a price tag in the region of £30million – and will not necessarily go for the highest price tag.

Begbies Traynor – the administrators involved – are out to secure the most money for creditors, but the EFL Owners and Directors Test also needs to be green light by a preferred candidate.

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Sheffield Wednesday currently sit bottom of the Championship table after suffering a points deduction.

They sit on -9 points and have only managed one win from 19 league outings to date.

They sit a huge 29 points from safety with Portsmouth sitting just above the relegation zone on 20 points.

Norwich City are the nearest team to Wednesday in the league table – but they are on 17 points at this stage of the campaign.

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It’s a busy run on the park between now and the end of 2025 with Wednesday facing FOUR games before that January 1 clash with Preston.

They host Derby County on Monday night before making the trip to Ipswich Town next weekend.

Back-to-back home games follow with Hull City making the trip to the Owls on Boxing Day before they welcome Blackburn Rovers to the same venue.

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