Sheffield Wednesday: 10 parties show proof of funds for administration-hit club

Sheffield Wednesday: 10 parties show proof of funds for administration-hit club

BBC Sport

It will be interesting to see how this process plays out. The administrators expected double figures for showing proof of funds for £50m. Now the question is how many of those parties make an offer.

Fans will need to recognise that showing proof of funds does not guarantee all 10 will eventually make a bid.

There is a lot of work to be done at Wednesday. Hillsborough Stadium, for example, is going to need significant work done to it. Potential buyers will need to work out how much it is actually going to cost to buy the club and the infrastructure work needed to get the Owls on par with their peers shouldn’t be underestimated.

Kris Wigfield, one of the administrators, explained to us last…



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