The failed takeover attempt by James Bord could also leave Dejphon Chansiri facing a significant financial setback at Sheffield Wednesday.
The Owls’ relegation from the EFL Championship was confirmed shortly before Bord’s consortium withdrew as preferred bidder, delivering another blow to supporters desperate for stability after months of turmoil. The club had entered administration on October 24 following prolonged financial issues, including delayed wage payments.
Bord’s group had been named preferred bidders on Christmas Eve, but last week they pulled out, stating their offer was “significantly higher” than what their extensive due diligence ultimately justified. The collapse added yet another dramatic twist to a season already overshadowed by points deductions, transfer restrictions and mounting uncertainty.
Wednesday’s relegation was sealed on February 22 with a 2-1 defeat to Sheffield United in the Steel City derby — understood to be the earliest drop in the 138-year history of the English Football League.
According to journalist Alan Nixon, Chansiri had been in line to receive around £15 million had the Bord-led consortium completed the purchase. However, with that deal now off the table, it appears increasingly unlikely that any fresh bids for the stricken club will match the previous offer — potentially leaving the Thai businessman millions out of pocket.
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