Bord group ends Sheffield Wednesday takeover bid

Football

A consortium led by James Bord has withdrawn its interest in acquiring Sheffield Wednesday after months of negotiations.

A consortium fronted by James Bord, a former professional poker player and entrepreneur, has ended its pursuit of Sheffield Wednesday. The group had spent several months conducting due diligence on the Championship club. It reportedly sought to purchase a majority stake from current owner Dejphon Chansiri, according to The Star. The withdrawal follows a period of protracted discussions regarding the valuation and future direction of the Hillsborough outfit.

Chansiri remains the owner of the club, which he purchased in 2015. The Thai businessman previously stated he would consider offers for the side if they were in the best interest of the institution, per Sky Sports. The Bord group included several international investors and had aimed to provide fresh capital for squad development and infrastructure. Wednesday supporters have expressed concerns over recent financial stability and league performance. The club will now continue under its existing ownership as the current season progresses. Neither Bord nor Chansiri have provided a formal statement regarding the specific reasons for the collapse of the deal.

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