The amount of money that Mike Ashley may be required to pay Dejphon Chansiri in order to acquire Sheffield Wednesday
In the midst of Sheffield Wednesday’s financial difficulties, Mike Ashley has emerged as a potential suitor.
The former Newcastle United proprietor is among the individuals who are being associated with a potential takeover at Hillsborough, according to journalist Alan Biggs.
Sheffield Wednesday supporters will be eager to witness an individual acquire the Owls from Dejphon Chansiri, who has become an extremely detested figure this year.
The Thai businessman has demonstrated his inability to sustainably manage the Championship team, as evidenced by the club’s repeated failure to pay player salaries on time in 2025.
In this section, we examine the cost of the Yorkshire ensemble from Chansiri for an individual such as Ashley. In order to persuade Chansiri to sell the club in the near future, Ashley will need to contribute a nine-figure quantity.
The Sheffield Wednesday owner is reportedly seeking a £100 million fee to sell his interest in the team, at least according to the BBC.
In April, The Star reported that Chansiri declined an offer from a consortium based in the United States, which was deemed to be derisory.
Nevertheless, the exact amount that was being offered remains uncertain, as the club has continued to experience financial difficulties in the months that have followed.
In recent months, John Textor, the former proprietor of Crystal Palace, has also been mentioned as a potential new owner of the second division side.
The Eagles are no longer associated with the American, who sold his stake in the London-based organisation for £190 million earlier this year.
Nevertheless, the most recent development regarding his interest suggests that an agreement will not be reached in the near future.
It has been alleged that Textor is uncertain about his ability to finalise terms with Chansiri due to his belief that a takeover will be “extremely complex.”
Ashley, who has been absent from English football since the sale of Newcastle United in 2021, may capitalise on this opportunity.
Ashley reached an agreement with the Saudi Public Investment Fund (PIF) to dispose of his Newcastle stake for £305 million.
Additionally, he recently relinquished his ownership of the CBS Arena stadium at Coventry City to the club in a transaction valued at approximately £40 million.
Therefore, theoretically, the British industrialist will have the financial resources to finance a £100 million transaction to acquire Sheffield Wednesday.
As their financial difficulties persist, they will become an asset that is increasingly distressed, resulting in a significant decrease in its value.
Championship rivals West Brom were sold in February 2024 for an estimated £60 million, suggesting that the £100 million price tag is already quite ambitious.
Given this, it is exceedingly challenging to envision an individual contributing the nine-figure sum to the Owls, particularly in light of the fact that relegation to League One is now a probable outcome for the current season.
Sheffield Wednesday’s value will be further diminished by relegation to the third division, particularly if an additional number of their first team players depart as free agents.
It is advisable to conclude a sale as soon as possible, given Chansiri’s administration of the Owls. However, it is challenging to envision Ashley paying a price that is even remotely close to £100 million for the honours.
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