New Sheffield Wednesday transfer update emerges amid Nathan Redmond news | OneFootball

Sheffield Wednesday are keeping their options open in the free agent market

Sheffield Wednesday are still on the hunt for more free agents despite welcoming a number of potential new signings into training.

The Owls were severely hampered in their summer business by former owner Dejphon Chansiri’s financial mismanagement, which saw them placed under numerous transfer embargoes.

This ultimately limited Wednesday’s activity to just loan deals for Ethan Horvath and Harry Amass, which immediately put them on the back foot in the chase for survival.

Since then, Chansiri reluctantly placed the Steel City side into administration after being unable to satisfy a £1m HMRC bill, which meant supporters no longer protested on matchdays and began to supply their club with increased revenue.

Evidence of this increased cash flow meant that they were granted permission by the EFL to add two free agents to their squad at this moment in time.

Sheffield Wednesday continuing search for more free agents

After first trying to get a deal done in the summer, former Leeds United captain Liam Cooper was snapped up as the first free agent Wednesday signed.

Since then, it emerged that Duncan Watmore and Nathan Redmond were both also training with the Owls, giving Henrik Pedersen more options to choose from as he looks to secure another addition.

However, it seems like Wednesday aren’t done there.

As per BBC Sheffield, Pedersen has confirmed that his side are exploring options beyond that pair and will continue searching the market in due course.

It is believed that the club aren’t in a rush to secure their second free agent and want to make sure they’re selecting the best possible profile.

Former Manchester United prospect Timothy Fosu-Mensah has been one name linked with a potential move to the Owls, after leaving German outfit Bayer Leverkusen in 2024.

Sheffield Wednesday must get their second free agent selection correct

At this moment in time, Wednesday only has availability to sign one more free agent, after snapping up Cooper.

Given how threadbare the Owls’ squad still is, they must make sure they’re making the correct decision when selecting who they will use the second space on.

A prospect such as Fosu-Mensah has played at a high level in the past, but hasn’t competed in professional football for well over a year, which means that he wouldn’t be able to compete immediately.

That’s exactly the opposite of what Pedersen needs, which is why Watmore and Redmond may have an advantage over the former Manchester United defender.

Either way, it’s a decision that Wednesday’s boss isn’t rushing into, which is the correct approach to take.