Thursday briefing: Mike Ashley submits £20m bid for Sheffield Wednesday
IMAGO
27 November 2025 - 4:30 AM
Mike Ashley has lodged a £20 million offer to buy Sheffield Wednesday, with Telegraph Sport reporting that the former Newcastle United owner has formally notified the club’s administrators of his bid.
Administrators Begbies Traynor have asked all interested parties to show £50 million in proof of funds to access the data room, with two American consortiums also regarded as serious contenders. The administrators aim to name a preferred bidder by 5 December.
Ashley has been assess
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