The EFL will get information about James Bord’s legal case in connection with his bid to buy Sheffield Wednesday.

According to The Star, the former poker player’s offer is not about to collapse, as the league conducts due diligence on the bid.

The Englishman’s consortium was designated the preferred candidate to succeed Dejphon Chansiri at Hillsborough in December, but it is still seeking EFL permission before closing the purchase.

According to reports, the group has launched a £32.5 million offer to buy the Championship club, outbidding Mike Ashley and the Storch family in the negotiations.

Henrik Pedersen’s side is expected to be demoted to League One this season, possibly as early as this weekend.

Sheffield Wednesday takeover latest

It is expected that the EFL would obtain information about Bord’s legal issue involving business partner Jonathan Cohen.

The league plans to collect further information on the matter as they continue to investigate the 45-year-old before making a judgment on whether to approve his ownership of Sheffield Wednesday.

It is believed that the bid is not on the verge of failure at this time, with the prospective new owner now paying the club’s losses while they await ratification.

The wait for an EFL verdict could take another few weeks, with fans growing restless with the lack of action.

It was revealed earlier this week that Cohen is pursuing a civil case against Bord, alleging that he knowingly misled his company into believing that Cordoba FC was debt-free before investing in the Spanish club, while in fact they were £16.9 million in debt.

Sheffield Wednesday have been in administration since October, and fans will be hoping for a fast conclusion.

James Bord’s legal situation is an unpleasant wrinkle in Sheffield Wednesday’s bid.

According to reports, Bord has yet to be served with this potential civil lawsuit against him, but this might still play a factor in the EFL’s ratification process.

It remains to be seen whether this will disqualify Bord from taking over the Championship side at this time, but it has the potential to derail the bid.

Because the attempt to buy the Owls involves so many directors, the ratification procedure is taking longer.

However, as time passes, supporters will become increasingly apprehensive that if the takeover fails, the club would be forced to start over.