At least two buyers interested in taking over Sheffield Wednesday are also considering investing in Championship rivals Derby County, according to reports.
According to Alan Nixon, the Owls are not alone in drawing interest from a number of potential investors, as the club looks for a new owner.
Dejphon Chansiri’s serious financial mismanagement has led to the South Yorkshire outfit being thrown into administration.
A number of names have been associated with a potential Hillsborough takeover, but no clear front-runner has emerged.
Mike Ashley and John Textor are apparently interested in purchasing the Championship club, but several others are thought to be interested in taking on the job.
Derby County stumbling hurdle surfaces in Sheffield Wednesday takeover process.
Nixon claims that, while there is a lot of interest in Sheffield Wednesday right now, at least two potential buyers are looking further south than Hillsborough at Derby County – and it has already been revealed that the aforementioned ex-Crystal Palace owner Textor is interested in the Rams.
It is unknown whether these potential investors want a full takeover in place of David Clowes or just a percentage investment, but the Rams are attracting takeover interest.
Earlier in 2025, it was disclosed that Clowes was looking for outside financing to help operate Derby, but he has yet to secure a partner.
Sheffield Wednesday could be available for around £50 million, which is less than their Championship competitors, but the club is also failing on the pitch and will need investment to regain competitiveness.
Meanwhile, John Eustace’s side is currently the most in-form team in the second tier, having won their past five league games in a row to climb to tenth place.
It has also been stated that a European group of investors are looking at Sheffield Wednesday with the goal of making the team a showcase for younger talent, with Midtjylland serving as an example to follow.
Earlier this week, it was reported that up to ten serious bidders are interested in the Owls, with as many as 30 to 40 inquiries to administrators Begbies Traynor about a takeover.
Sheffield Wednesday supporters will certainly want to avoid the multi-club ownership arrangement.
The fact that Derby and Sheffield Wednesday are attracting interest from investors demonstrates how profitable the Championship is growing, which is good news for both teams.
For Owls fans, however, the possibility of being assigned to the multi-club model will be a red flag.
Being the second or third most significant component of a larger organization will eventually reduce their ability to compete, which would be a high cost for their survival.
All of this stems from their poor management under Chansiri, since the administrators are not required to negotiate the best deal for Sheffield Wednesday, putting them at risk of something similar occurring. Clowes is unlikely to sell Derby in those conditions.
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