Sheffield Wednesday takeover is OFF - plunging crisis-hit Championship club back into limbo just days after relegation was confirmed - News Summed Up

Sheffield Wednesday takeover is OFF - plunging crisis-hit Championship club back into limbo just days after relegation was confirmed


However, sources have disclosed that issues over the complexity of the bid and source of funding brought things to a head. Wednesday, relegated to League One at the weekend, are now effectively back up for sale with others ready to step in. 'Our Consortium has a strong track record of restoring football clubs through financial stability, disciplined management and robust governance. We have quite a good experience in turning around clubs and were looking forward to doing that with football club royalty. Wednesday’s relegation was confirmed with defeat at neighbours Sheffield United on Sunday.


Source: Daily Mail February 25, 2026 17:17 UTC



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