EFL Permits Sheffield Wednesday Signing Amid Trio’s Takeover Bid
The English Football League (EFL) has granted Sheffield Wednesday special permission to sign another player, despite the club’s ongoing administration status and a transfer embargo imposed by the league. This decision comes after the recent signing of Liam Cooper, a former defender from Leeds United, who joined the team at Hillsborough. The club’s administrators have now received authorization to bring in a second new player due to the injury of six squad members and the prospect of further departures related to the upcoming Africa Cup of Nations.
Potential New Signings
Among those training with Sheffield Wednesday are former players Duncan Watmore, previously with Millwall, Sunderland, and Middlesbrough, and Nathan Redmond, who has appeared for Burnley, Southampton, and Birmingham. However, no contracts have yet been finalized for either free agent.
Current Ownership and Takeover Prospects
Sky Sports News reports that there are credible offers from three interested parties looking to take over Sheffield Wednesday. The club’s administrators from Begbies Traynor have provided additional time for two bidders to finalize their offers. A decision on which party will receive preferred-bidder status is expected by the end of next week, as they aim to find a buyer who can provide long-term stability to the club.
Sheffield Wednesday’s Recent Struggles
Placed in administration in October, Sheffield Wednesday faced a 12-point deduction from the EFL, leaving them at the bottom of the Championship, 17 points adrift from safety. The club’s troubles accumulated over the past six months, including multiple breaches of EFL payment obligations and subsequent penalty measures.
Timeline of Events
| Date | Event |
|---|---|
| June 3 | Charged with breaching EFL regulations by club owner Dejphon Chansiri. |
| June 18 | EFL imposes a transfer fee restriction due to late payments. |
| June 26 | Chansiri states willingness to sell the club. |
| July 29 | Manager Danny Röhl leaves the club by mutual consent. |
| October 24 | Club files for administration, receiving a 12-point deduction. |
With the possibility of new signings and a potential takeover on the horizon, Sheffield Wednesday fans remain hopeful for a turnaround amid a challenging season.
