Every club that James Bord has a stake in as Sheffield Wednesday takeover twist emerges | OneFootball

Every club that James Bord has a stake in as Sheffield Wednesday takeover twist emerges | OneFootball

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Football League World

·22 February 2026

Every club that James Bord has a stake in as Sheffield Wednesday takeover twist emerges

Article image:Every club that James Bord has a stake in as Sheffield Wednesday takeover twist emerges

Football League World takes a look at every club Sheffield Wednesday prospective owner James Bord has a stake in amid the news that he is being sued.

Sheffield Wednesday prospective owner James Bord has been named as the Owls' preferred bidder, but he has faced a couple of potential issues in the ratification process of the takeover.


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The Owls' time in administration has taken a significant toll on their season, as relegation to League One has been all but a certainty for months.

Administrator Kris Wigfield has revealed that Wednesday are losing £1million a month, demonstrating how vital it is that a takeover is completed as swiftly as possible.

Wigfield has claimed some League Two clubs have a higher wage bill than Wednesday, while one unnamed Championship star is paid more than the Owls' entire squad, adding further evidence as to how bad the South Yorkshire side's financial situation is.

James Bord being sued by former business partner amid Sheffield Wednesday takeover efforts

Article image:Every club that James Bord has a stake in as Sheffield Wednesday takeover twist emerges

In a worrying update for Wednesday supporters, Bord is being sued by his former business partner, Jonathan Cohen, over his investment in Cordoba.

Cohen has alleged that Wednesday's prospective owner 'willfully' deceived him into thinking that the Spanish club were debt-free when he chose to invest in them in 2024, but they were actually roughly £16.9m in debt.

The case against Bord will rightfully raise fears among Wednesday supporters over whether the American will pass the EFL's owners' and directors' test.

Meanwhile, according to The Guardian, the EFL are assessing whether Bord's takeover would be largely funded by the proceeds of gambling and crypto-gambling operations as they try to determine if he complies with the owners' and directors' test because of that, with doubts building up now across multiple issues.

Dunfermline Athletic among clubs James Bord has investment in

Article image:Every club that James Bord has a stake in as Sheffield Wednesday takeover twist emerges

As reported by The Times, Bord currently has minority stakes in both Spanish second-tier outfit Cordoba, who are vying for a play-off spot, and Bulgarian club Septemvri Sofia, who are battling against relegation.

The American also owns Scottish Championship outfit Dunfermline Athletic, who former Sheffield United man Jefferson Caceres joined in August 2025.

They are currently mid-table in the Scottish Championship and managed by Celtic legend, Neil Lennon.

Should the EFL allow Bord's Wednesday takeover, he will have a sizeable task on his hands to get the South Yorkshire outfit back on their feet following a long period of uncertainty and the experience he's picked up within his other football club interests are going to be tested.

Thanks to the financial mismanagement of former owner Dejphon Chansiri, several Owls players and non-playing staff at Hillsborough were paid their wages late on numerous occasions within the last year.

The departure of ex-manager Danny Rohl followed, prompting the exits of several star players, including Josh Windass, Michael Smith, Djeidi Gassama, and Anthony Musaba last summer.

Wednesday suffered further heartache in the winter transfer window, as club legend Barry Bannan, who spent 10-and-a-half years in South Yorkshire, joined Millwall.

Meanwhile, boss Henrik Pedersen has asked for investment in the training pitches, demonstrating just one area that former owner Chansiri neglected during his time at the ownership helm.

The Owls will also be desperate to bounce back to the Championship as soon as possible, meaning that Bord would have to heavily invest in the transfer market this summer.

Wigfield's comments regarding Wednesday's wage bill prove that their squad is down to bare bones and may not be able to launch a League One promotion push without adequate additions.

Before any of that, though, is the small matter of passing the EFL's checks.

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