US billionaire among leading candidates in Sheffield takeover battle Wednesday News: The72 – Football League News

Sheffield Wednesday has a host of names linked to a potential takeover, and the latest is US billionaire John McEvoy, as reported by The Telegraph.

Sheffield Wednesday came in administration on Friday, ending Dejphon Chansiri’s ownership and providing a fresh start for the club.

While there is relief and optimism among supporters, the reality is that SWFC face a long journey back to their former status. The club will have to operate under strict financial constraints to regain stability after such a turbulent period.

The next priority for the club and its administrators is to find a new owner for the Owls. A new name has now appeared on the radar of SWFC fans. It involves billionaire investor John McEvoy, as reported by The Telegraph.

McEvoy’s various business interests include a minority stake in talent management company Diverse Artists. The roster includes Sheffield band Reverend and the Makers. The report suggests that the group’s frontman, Jon McClure, a known Wednesday supporter, has been involved in discussions.

On Friday, McClure took to social media to express his relief at the end of the turbulent Dejphon Chansiri era. He has previously described a potential club takeover as a “huge opportunity” for the right owner.

More on potential Sheffield Wednesday owner John McEvoy

California-based John McEvoy, who previously explored a takeover of Coventry City, already has a minority stake in major North American sports franchises. These include the NHL’s Nashville Predators and the MLB’s Colorado Rockies.

He is the founder of a San Diego-based mobile device distribution company. He has also built a diverse investment portfolio across multiple sectors.

McEvoy abandoned his attempts to buy Coventry City in 2022 but still has his eyes on the EFL side. He has been considering a bid for Sheffield Wednesday for several months and is reportedly attracted by the club’s history and growth potential.

With experience of investing within sports clubs, McEvoy could be a great option for SWFC. This, together with his wealth, could herald a very positive era for Sheffield Wednesday.

Sheffield Wednesday hopes to have a new owner before January

It will be all hands on deck at Sheffield Wednesday now that Chansiri has left. With the winter transfer window looming, the recruitment team will move quickly to identify potential loan targets and players whose contracts expire in 2026.

Sheffield Wednesday’s summer activities

The club must be prepared for any eventuality. Ideally, a new owner can get in before the window opens. By implementing a sporting structure, the Owls can operate much more efficiently off the field.