Sheffield Wednesday have several interested parties who ‘look the real deal’ according to joint administrator Kris Wigfield.
It’s been an exciting week for Owls fans, despite being placed into administration and incurring a 12-point deduction. The news brought to an end the 10-year reign of Dejphon Chansiri, whose reluctance to sell for less than £100 million had seen the club sink to its lowest ebb.
This included a series of unpaid wages, with 5 of the last 7 months seeing players and staff fail to receive their salary. This led to an exodus of first team stars, such as Josh Windass, Michael Smith and Akin Famewo.
As such, Wednesday began the campaign short of numbers and there were even concerns that they would be unable to fulfil their opening day fixture against Leicester City.
Sheffield Wednesday Begin New Era
With news filtering through at the beginning of the month that the 4-time English champions were on the brink, supporters opted to stay away for their Championship clash with Middlesbrough last week. This led to an eerily empty Hillsborough but Chansiri’s exit was confirmed the day after.
Hillsborough is almost empty as Sheffield Wednesday fans stay away in protest over owner Dejphon Chansiri. 👏👏
— The Real EFL (@RealEFLSocial) October 22, 2025
New Owners By Christmas?
After looking so bleak for so long, it now appears as if there is light at the end of the tunnel for Sheffield Wednesday. Speaking to BBC 5 Live’s Wake Up, joint administrator and Owls fan Kris Wigfield issued the following exciting update:
“As always, you get a lot of interested parties that probably aren’t going to meet the criteria, but within the numerous inquiries we’ve had, we certainly think that there are already four or five interested parties that look like the real deal.
“There are two criteria that new owners basically need to satisfy to then open dialogue and there to be an opportunity where they can make an offer.
“The first thing is they need to show the administrators that they could make the football club viable. So they’ve got to show that they’ve got sufficient funds to be able to fund it for the next few years.
“And secondly, we have to be satisfied that they will pass the EFL fit and proper persons test, and if they can satisfy both of those, then we’ll start talking to them seriously.”
Sheffield Wednesday displayed THIS before today’s game. Absolutely beautiful 💙#swfcpic.twitter.com/UvcFe6zt9F
— The Real EFL (@RealEFLSocial) October 25, 2025
“Due to EFL rules, we have to market the club for 28 days. So it’ll be at least 28 days before we’re getting close to a preferred-bidder status.
“So I’m hopeful that by the end of November, if things go well, we might know who’s going to buy the football club.
“Then hopefully a deal can be concluded this calendar year, so that the new owner is in for… the January transfer window, if the EFL allows the new owner to buy players.”
Writer’s View
It’s going to be a long road back for Sheffield Wednesday but the journey starts now. Relegation to League One looks a formality, although it’s unlikely that any supporter will really care about that.
A platform is slowly starting to be built to allow this iconic club to return to its pinnacle. It’s likely to be a tough few years but the feel-good factor around Hillsborough has returned. Hopefully this latest update is an exciting one and supporters will be anxious to see how it unfolds.
