October 21, 2025
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Ashley Inches Closer to Wednesday Takeover as Chansiri Lowers Valuation

 

A potential takeover of Sheffield Wednesday by former Newcastle United owner Mike Ashley has taken a significant step forward, with reports suggesting that current owner Dejphon Chansiri has lowered his valuation of the club from £100 million to £70 million. This development has fueled speculation that final negotiations between Ashley and Chansiri are nearing completion, potentially paving the way for a new era at Hillsborough.

 

The news comes amid growing concerns about the financial stability of Sheffield Wednesday, with repeated instances of delayed wage payments and potential EFL sanctions looming. The prospect of Ashley’s investment has been met with cautious optimism by supporters, who are eager for a resolution to the club’s off-field issues.

 

Adding further intrigue to the situation, former Sheffield Wednesday player Will Vaulks has revealed his reasons for leaving the club and confirmed his intention to return to Hillsborough should Ashley’s takeover be successful. Vaulks, a popular figure among Wednesday fans, cited the club’s internal problems as a key factor in his decision to depart, but expressed enthusiasm about the prospect of working under Ashley’s ownership.

 

“It’s huge that Mike Ashley has gone in there, someone who has got a really good business mind,” Vaulks stated. “I think it’s just such a massive move for the football club, particularly because there was all sorts going on there, wages not getting paid, et cetera.”

 

Ashley’s potential takeover promises a significant transformation for Sheffield Wednesday, with the businessman reportedly planning to invest heavily in player recruitment, staff welfare, and stadium renovation, among other areas. This commitment to revitalizing the club has resonated with fans, who are hopeful that Ashley can restore Wednesday to its former glory.

 

In a statement released amidst the ongoing negotiations, Ashley thanked the fans for their patience and urged them to make the team proud once again. His words have been interpreted as a sign of his commitment to the club and his determination to bring success back to Hillsborough.

 

The potential arrival of Mike Ashley as the new owner of Sheffield Wednesday represents a pivotal moment in the club’s history. With Chansiri lowering his valuation and Vaulks signaling his intention to return, the pieces appear to be falling into place for a takeover that could have a transformative impact on the Owls. As final negotiations progress, fans eagerly await the outcome, hoping that Ashley can deliver on his promises and usher in a new era of prosperity for Sheffield Wednesday.

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