Sheffield Wednesday will “almost certainly” receive a 15-point deduction at the start of next season following their relegation from the Championship.

Former Manchester City financial adviser Stefan Borson has exclusively informed Football Insider that whomever takes over at Hillsborough will face a “very difficult” scenario.

If Sheffield Wednesday’s creditors do not receive 25p every £1 from the takeover, the club would be docked 15 points next season, according to EFL rules.

It comes after a consortium managed by James Bord pulled out of the process last week, having being granted exclusivity by the Owls’ administrators in December following his £47.8 million bid.

Sheffield Wednesday have been in financial trouble for some time, with ownership concerns resulting in the club’s relegation to League One this season.

Sheffield Wednesday are facing a ‘complete rebuild’

after losing more than £4 million due to Bord’s attempt to take over Hillsborough. He paid a £2.5 million non-refundable deposit and more than £1.5 million to fund the club’s day-to-day operations.

Three groups remain interested in purchasing the Owls, including former Newcastle United owner Mike Ashley.

However, a Sheffield Wednesday acquisition will take at least four weeks to execute.

Borson spoke exclusively to Football Insider about where the team stands after Bord stepped out of the contest.

“People have forgotten this is a very difficult situation to go into,” Borson remarked.

“They will be relegated.” They almost probably will face a 15-point deduction next season as well, because the lesser bid will mean that the unsecured creditors will not receive what they require.

So you’ll end up in a situation where you buy the club right away, celebrate for about five minutes, and then realize that the hard work has just begun. It is going to be a struggle. It is not going to be simple.

“League One is a highly competitive category. You need to entirely reconstruct the team. By the end of the season, Sheffield Wednesday will have almost no contracted players, forcing you to fully rebuild the squad.”

Why is Sheffield Wednesday’s new owner having stadium issues?

Borson indicated that after completing the takeover, the new owner will need to make modifications to the stadium.

“You have got to deal with the stadium situation and, according to Bord, who you would think has done the most work on the stadium, there’s a load of work to do on the stadium that they weren’t expecting, so we don’t know what that means,” Borson went on.

“That could be anything from this stand being condemned and needing to be rebuilt to simply painting it for five years and seeing what happens.

“But there are several challenges. I mean, this is a club that has been struggling for the better part of 18 months, if not longer.

“There will be a variety of challenges. It’s a pretty challenging job on the first day.”