Sheffield Wednesday takeover news: Mike Ashley talks, Anders Holch Povlsen update, Dejphon Chansiri issues | OneFootball

We round up all the latest Sheffield Wednesday takeover news after James Bord's consortium pulled out of the race to buy the club.

Sheffield Wednesday's lengthy takeover saga took another twist this week after the proposed takeover by James Bord's consortium collapsed.

Over four months on from former owner Dejphon Chansiri's exit in October, Wednesday remain in administration, and they are now back to square one in their search for new ownership.

It had looked as though the Owls were moving closer to a takeover after Bord's consortium was named as the preferred bidder on Christmas Eve, but amid doubts over whether they would be given approval by the EFL, they withdrew from the race to buy the club on Wednesday, revealing that the due diligence process had revealed their initial bid was significantly higher than the club's true valuation.

However, while the developments involving Bord are a setback for Wednesday, it seems there are plenty of suitors for the club, and some of the previously interested parties are believed to have contacted the club's administrators this week.

The Owls' relegation to League One was confirmed last weekend after a defeat to Steel City rivals Sheffield United, but with their off-field situation still uncertain, we round up all the latest takeover news.

Mike Ashley representatives hold fresh Sheffield Wednesday talks as Owls plan revealed

One name that has been linked with Wednesday throughout the takeover process is former Newcastle United owner Mike Ashley, and it seems he remains keen to get his hands on the Owls.

Ashley has been out of football ownership since selling the Magpies to a Saudi-led consortium for a fee of £305 million in October 2021, but he has set his sights on Wednesday in recent months, and he had an initial bid of £20 million rejected in November.

However, with Bord no longer in the frame, Ashley has reignited his interest in the Owls, and the 61-year-old's representatives have reportedly held talks with the club's administrators this week as he looks to secure a deal.

In a sign of just how serious Ashley is about buying Wednesday, he is believed to be willing to invest £100 million into the club immediately, with that figure thought to be the amount needed to make the necessary improvements to the stadium, training ground and squad, while he has also started to identify potential candidates to fill key positions at Hillsborough.

Anders Holch Polvsen update emerges amid Sheffield Wednesday takeover talk

Another man that was credited with an interest in Wednesday before Bord's consortium were granted preferred bidder status was Danish billionaire Anders Holch Povlsen.

Povlsen, who is worth a staggering $16.9 billion (£12.5 billion), is the owner of clothing company Bestseller and the largest shareholder in fashion retailer ASOS, while he also has a 95.5% stake in Danish side FC Midtyjlland.

When Povlsen was first linked with the Owls last year, The Athletic's Matt Slater claimed that he was not preparing to make a bid for the club, but the 53-year-old's name emerged again this week, with The Star reporting that he could make a move now that the asking price is around £10-20 million, rather than the initial valuation of £35 million plus.

However, Povlsen has quickly been ruled out of the running, with the BBC's Dale Johnson confirming that he will not be taking over at Hillsborough, which has come as a disappointment to some Wednesday fans.

Dejphon Chansiri set to lose out on millions due to James Bord's actions

Due to James Bord's withdrawal from takeover proceedings, one person who is going to be hit incredibly hard is former Owls owner Dejphon Chansiri

The size of Bord's bid meant that all of Wednesday's creditors would be repaid 25p in the £1, and with the club's main creditor being Chansiri himself, that meant he was set to profit massively to the tune of around £15 million.

The new bidders though who will battle for a Wednesday takeover are expected to come in significantly lower than Bord though and not satisfy the threshold needed to pay Chansiri what he was expected to receive, as well as the club then being unable to avoid a 15-point deduction next season.

And as reported by Alan Nixon though, Chansiri could've done with the money, as a loan he took out secured against Hillsborough Stadium is due for repayment - and Bord's cash would've helped a long way towards paying that off.

Now, the maligned Thai businessman will have to dip into his own funds to pay the loan off, because he may now make only £1 million on the future sale of Wednesday - which is a huge decrease on what he was hoping for.

Simon Jordan reacts to James Bord, Sheffield Wednesday twist amid Mike Ashley prediction

Jordan may not be coming back to the negotiating table with Howsam, but he did give his opinion on the latest developments at Hillsborough this week, and he questioned why Bord's consortium made a bid as high as £47.8 million for Wednesday.

"They've got a £4 million cash cow out of these people, these crypto clowns have spent £4 million of their own money to get precisely nowhere," Jordan said on talkSPORT.

"They've got a £4 million cushion against the backdrop of having another bidder come in.

"The bid was £47.8 million, which is absolute madness for what they're buying, and there's a whole box of tricks underneath the bonnet of costs.

"Looking at it from a standaway position, I think they probably jumped before they were pushed in terms of maybe not getting through compliance.

"They've taken the bull by the horns and realised that actually they might not get through compliance.

"It's cost them £4 million, it's given the administrators a £4 million cushion, what a way to burn cash."

Jordan also provided his view on what could be next for the Owls after Bord's group dropped out of the takeover process, predicting that Ashley could be the man to buy the club if he is able to strike a deal for a reasonable price.

"In the background is Mike Ashley," Jordan explained.

"Mike Ashley will probably buy this football club if he can get it for exactly the price he wants to.

"It's a hard yard.