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 TOP STORIES > > Mike Ashley in Line to Buy Sheffield Wednesday Football Club
 
Tuesday, November 04, 2025
Mike Ashley in Line to Buy Sheffield Wednesday Football Club - AsianBookie News Mike Ashley in Line to Buy Sheffield Wednesday Football Club
Tuesday, November 04, 2025 - 7 hours ago
       
Mike Ashley, the former owner of Newcastle United, is reportedly on the verge of making an offer to purchase Sheffield Wednesday, a Championship club in crisis. The club is up for sale following the end of Dejphon Chansiri's ten-year tenure as owner. Sheffield Wednesday was recently placed into administration, resulting in a 12-point penalty. As part of the purchase framework, the buyer must demonstrate access to £50 million. The sale will take the form of an auction, with Ashley expected to submit an initial bid of £10 million.

Administrator Begbies Traynor is overseeing the sale process, which includes several interested parties. Kris Wigfield, the administrator, expressed optimism that a buyer could be identified by the end of November. If successful, the new owner may be able to conclude a deal by the end of the year, allowing them to participate in the January transfer window, pending EFL approval.


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