Sheffield Wednesday takeover latest: Price tag claim emerges with interested party to step 'back into running'
A party previously interested in Sheffield Wednesday is reportedly set to step back into the running.
The sale process at Hillsborough is still ongoing, with previous deadlines having been shifted back due to the complicated nature of talks.
Mike Ashley continues to be linked with the Owls, having previously owned Premier League giants Newcastle United.
There is also thought to be firm interest from the Storch family, although it has been suggested they are no longer working in tandem with John McEvoy.
Sheffield Wednesday takeover latest
According to The Star, Wednesday could now be sold for less than the price initially mooted. It had been claimed a bid in the region of £30-35m would be required to get hold of the Championship club.
As a result of the lowered asking price, it is believed at least one previously interested consortium is set to step back into the running. Others could also rekindle their interest, the report has claimed, with a bid in the range of £15-20m now thought to have the potential to be enough.
It has previously been indicated that failure to pay the 25p on the pound owed to creditors, including ex-owner Dejphon Chansiri, would result in the implementation of a 15-point deduction next season.
However, noises have reportedly been made by interested parties doubting whether this would necessarily be the case.
What Kris Wigfield has said
In his most recent statement, Wednesday administrator Kris Wigfield said: “We understand the frustration caused by limited communication at this stage, but periods of confidentiality are essential to protect the integrity of the process.
“Work continues behind the scenes as we work toward identifying a preferred bidder and genuine progress is being made. Once that stage is reached, the EFL will need to complete its regulatory checks.
“We will provide updates as soon as we are able to do so without jeopardising the process. Thank you, as always, for your continued backing.
“On behalf of everyone at Sheffield Wednesday and Begbies Traynor, I would like to wish our supporters a Merry Christmas and, for the football club, a much brighter New Year.”