What is going on with Sheffield Wednesday's takeover after collapsed agreement? | OneFootball

Sheffield Wednesday are hoping for a takeover as Dejphon Chansiri looks to find a buyer for the Championship club.

Sheffield Wednesday have endured a miserable summer as the club face an uncertain future under Dejphon Chansiri.

The Thai businessman has come in for fierce criticism from the supporters, who have regularly protested for him to sell the club after what they feel is years of mismanagement.

The past few months have been particularly difficult for all connected to the club, with Chansiri having failed to pay all wages on time in May and June, which has brought EFL sanctions.

Josh Windass and Michael Smith have cancelled their contracts due to unpaid wages, whilst Djeidi Gassama and Anthony Musaba have been sold, and there are doubts over the future of Danny Rohl.

Sheffield Wednesday takeover latest after previous deal stalls

So, it’s fair to say that Wednesday are in a precarious position right now, with the latest wage bill set to be paid in just over one week.

Therefore, many feel the only solution to the Owls’ problems is a takeover, but it was revealed last week that a deal with an unnamed party had fallen through.

Since then, there have been no major developments, which means, as it stands, there is no positive news for Wednesday fans, who are hoping for a deal to go through as soon as possible.

Sheffield Wednesday remain an attractive option for potential buyers

Despite the negativity surrounding Wednesday right now, the one positive is that they will remain an attractive option to potential buyers out there.

They boast an iconic ground, they have a proud history, and they have a large fan base that would passionately back the club and a new owner, which means there is plenty of room for growth, both from a sporting and commercial perspective.

That is why there are other interested parties in the mix to buy the Owls, with Houston Rockets owner Tilman Fertitta known to have looked at the club previously, among others.

Obviously, it’s imperative that this gets sorted swiftly, but the level of interest does provide some hope that a suitable offer will be forthcoming, although there are always many obstacles to overcome before a takeover is finalised.