Alsharif Faisal Bin Jamil, a Jordanian royal family member, is set to become the next CEO of Sheffield Wednesday’s ownership consortium, which is led by former professional poker player James Bord.

The Owls have been in limbo on this front for more than two months, having been thrown into administration on October 24th, thereby ending Dejphon Chansiri’s decade-plus tenure as owner.

Paul Stanley, Julian Pitts, and Kris Wigfield have since overseen boardroom matters as part of the administrative group Begbies Traynor, as they seek a quick resolution to the takeover process, which includes several deadlines for the fronting up of desired funds and the eventual reveal of a preferred bidder.

However, Bord was designated the preferred bidder on Christmas Eve, and he now intends to finalize a deal that will establish him as Wednesday’s latest caretaker in the coming weeks.

It has been widely reported that the South Yorkshire club is preparing for a much-needed reset in a variety of ways, with Henrik Pedersen and his depleted team of players already having their destiny for the current season effectively secured.

Indeed, the Owls were punished an immediate 12-point loss for going into administration in late October, followed by another six points at the start of last month after many instances of delayed payments and non-payments to Hillsborough players and general staff.

As a result, Wednesday are still on minus-seven points with 21 games remaining in their Championship season, putting them on track to finish with the second tier’s lowest-ever points total, which is presently 23.

As a result, the focus has been squarely on developments surrounding a takeover.

Some Owls fans have grown irritated with a lack of communication in some areas. However, they will have been relieved to learn the identities of two businesspeople who will form part of Bord’s ownership group in S6.

James Bord’s chosen Sheffield Wednesday ownership partnership includes a member of the Jordanian Royal Family.

Earlier on Tuesday morning, Clive Betts, an extremely vocal Sheffield South East MP, spoke out, slamming Begbies Traynor for what he saw as a poor and clear lack of communication regarding the latest takeover developments, with Bord named the preferred bidder nearly two weeks ago.

“[It is] intolerable. I sat on the football governance bill in Parliament; it’s now an act, and the basis of the change in legislation is to put fans at the center of all the processes and regulations for football clubs and how they’re operated,” Betts told BBC Radio Sheffield.

However, just hours afterward, local and national media announced the identities of two members who will assist Bord in overseeing matters in the Hillsborough boardroom.

Bord, of course, is a former professional poker player who now co-owns Scottish club Dunfermline Athletic, as well as having involvement with Córdoba CF and Septemvri Sofia, as well as well-documented ties to cross-city rivals Sheffield United, who led an AI-based recruitment drive in the summer under COH Sports.

It has recently been established that Alsharif Faisal Bin Jamil, a Jordanian Royal Family member, is the Chief Executive of this partnership, which must still pass the English Football League’s Owners and Directors Test.

The investment executive attended Oxford University and Imperial College London, and he has known the aforementioned Bord for some time, since he helps the Londoner run both Infinity Sports and Short Circuit.

According to Market Screener, Jamil is also a private equity investor with Milano Investment Partners and a director at Ingame Sports.

While his own net worth has yet to be disclosed, Jamil and Bord will be joined by Felix Roemer as a trio of investors.

Sheffield Wednesday will aim to receive takeover confirmation as soon as feasible.

As previously stated, this takeover procedure has been exceptionally drawn-out, adding to the concern felt by certain Wednesday supporters.

However, it appears like there is finally a green light at the end of a very long tunnel, which is good news for everyone in South Yorkshire.

It remains to be seen whether a takeover can be completed before the winter transfer window closes, which would undoubtedly help Pedersen’s aims of remaking his squad in preparation for the summer, when Wednesday will fully rebuild in League One.