Sheffield Wednesday takeover: Anders Holch Povlsen 'considering' return to fold as Mike Ashley update provided
Danish billionaire Anders Holch Povlsen is reportedly considering a return to the Sheffield Wednesday takeover race.
A consortium led by James Bord appeared to have won the battle for the Owls, who have been in administration since October.
However, two months after being selected as the preferred bidders, the consortium withdrew from the process earlier this week. They claimed the value of the club was lower than the figure they had initially tabled.
Administrators from Begbies Traynor must now seek fresh investment for the League One-bound club.
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Anders Holch Povlsen link
According to The Star, Holch Povlsen has his eye back on Wednesday now a bid in the region of £10-20m could suffice after previous talk of going above £30m.
The 53-year-old is the CEO and sole owner of retail chain Bestseller and is listed as the richest Dane with a staggering net worth of $16.9bn (£12.5bn) as of February 27.
He was linked with the Owls earlier in the process, before the granting of preferred bidder status to the Bord-led consortium.
Mike Ashley update
However, former Newcastle United owner Mike Ashley is also being linked with the troubled South Yorkshire club.
Ashley was in the mix prior to Christmas Eve, when the Bord-led consortium jumped to the front of the queue.
He is thought to have retained interest and reports have indicated talks between a representative of Ashley and Wednesday’s adminisrators have been teed up.
It has now been reported that names for key roles have been earmarked should Ashley manage to get hold of the club.
Henrik Pedersen hoping for resolution
There is a great deal of uncertainty swirling around S6 but manager Henrik Pedersen is hoping for the chaos to end sooner rather than later.
After his side’s recent 2-0 defeat to Norwich City, he said: “It was a tough game against a good side and although we lost we gave it everything, which we had to do for all the fans who came down here after relegation. I would like to say a big thank you to them and stress how much their support is appreciated.
“We all want the takeover to happen as soon as possible so we can move forward so obviously today’s news was disappointing, but I know Kris has a plan B so hopefully something will happen soon.”