'Real Deal' Mike Ashley Eyes £10m Swoop After Newcastle United Takeover Lesson
Mike Ashley has shown proof of funds to buy Sheffield Wednesday, valued at £10 million, aiming to stabilize the club after administration and a 12-point deduction.
6 Articles
6 Articles
Mike Ashley among '30 to 40' investors keen on Sheffield Wednesday takeover
The first bids for Sheffield Wednesday may arrive as early as the end of this week, with at least 10 “very serious” potential owners having now registered their interest. The club’s administrators Begbies Traynor, who assumed control after former owner Dejphon Chansiri put the club into administration 10 days ago, have asked interested parties to supply proof of funding of £50m and sign a non-disclosure agreement (NDA) before being granted acces…
Former Premier League owner ‘provides proof of funding for takeover’ of Sheffield Wednesday in new twist
Former Newcastle United owner Mike Ashley has demonstrated he possesses the necessary financial resources to take over Sheffield Wednesday, meeting the administrator's requirement for access to £50million.The retail magnate, whose personal wealth stands at approximately £3.25billion, has positioned himself as the leading contender to acquire the struggling Championship side.His anticipated initial offer of £10m represents the opening move in wha…
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