Sheffield Wednesday has had a week of undesired events, the most serious of which occurred off the pitch.

Indeed, the Thailand-based businessman’s spectacular tenure in the boardroom came to an end four months ago when the Steel City club was forced into administration, and they are now jointly controlled by Paul Stanley, Julian Pitts, and Kris Wigfield of Begbies Traynor.

On the pitch, Henrik Pedersen and his threadbare squad have now had their fate – which was sealed for some time – confirmed, as they suffered the EFL’s earliest-ever relegation after a 2-1 defeat to Sheffield United in the Steel City derby on February 22nd, and a subsequent 2-0 defeat to Norwich City at Carrow Road on Wednesday night has left the Dane’s side still on minus-seven points with 12 games to go, meaning the highest points total they could accrue now stands at

Wednesday will now focus solely on rebuilding in League One beginning with the start of the following season, and it appeared that this would be accomplished under the ownership of former professional poker player James Bord.

However, ahead to the midweek clash with Norwich, it was reported that the consortium led by himself, Felix Roemer, and Alsharif Faisal Bin Jamil had withdrawn from the buyout process, after being given exclusivity and preferred bidder status on Christmas Eve.

And it has now been revealed how much money the trio put on the table, while the administrators attempt to reach an agreement with one of the other interested parties.

The amount of money James Bord promised to buy Sheffield Wednesday was disclosed after the takeover attempt collapsed.

It was claimed that two of the major issues that led to the stalemate between Bord’s consortium and those currently in charge of the Owls’ day-to-day operations were differences in valuations between the parties, as well as the unknown costs needed to upgrade Hillsborough, though it was also stated that the sourcing of funds and the bid’s overall complexity had also caused problems.

Indeed, the EFL expressed worries over Bord’s ties to the gaming and crypto-gambling industries as they began their Owners’ and Directors’ Test on the consortium last month.

Prior to the Dunfermline Athletic co-owner being given preferred bidder status, it was widely known that Begbies Traynor wanted a £30 million fee to take control the club. On Wednesday evening, Stanley, Pitts, and Wigfield released an official club statement revealing the consortium’s offer amount.The Sheffield Wednesday Football Club’s Joint Administrators announced that the preferred bidder has decided to withdraw from the takeover process.The preferred bidder’s offer totaled £47.8 million and was the biggest and best offering received during the structured selling process. The Club’s release from administration would have resulted in a clean slate for the 2026/27 season, as well as the best possible outcome for creditors, including local companies owing money.During the exclusivity period, the preferred bidder provided more than £4 million to fund the Club’s trade activities. These funds were used to support operations and ensure that employees and players were paid on schedule,” the statement said.

Such developments came after Bord was reportedly sued by his former business partner, Jonathan Cohen, on controversies surrounding when the Canadian joined the Córdoba CF management.

Sheffield Wednesday will not be short of interested parties with the latest takeover twist.

According to the aforementioned statement, the withdrawal of Bord’s bid does not imply that the Owls would return to stage one of the takeover process.

Earlier this month, it was claimed that the Storch family and former Newcastle United chairman Mike Ashley were still interested in a takeover if Bord’s bid failed.

That remains the case, with David Storch expressing confidence in reaching an agreement, while Ashley, who had a £20 million proposal rejected in November, is again in communication with the administrators despite facing competition from two other parties.