Summary
Former professional poker player James Bord has been chosen as the preferred bidder to take over the Sheffield Wednesday football club. The club has been in financial trouble and under administration since October. Bord's proposed takeover still needs approval from the English Football League (EFL).
Key Facts
- James Bord, a former professional poker player, has been picked as the preferred bidder to buy Sheffield Wednesday.
- Sheffield Wednesday has been in administration since October due to financial difficulties.
- Bord made his initial career at gambling companies and later won millions from poker.
- He runs a data company using artificial intelligence for sports analytics.
- Bord is based in Las Vegas and has ownership stakes in other football clubs.
- The takeover deal must still pass the EFL's Owners and Directors' test.
- Sheffield Wednesday is currently at the bottom of the Championship table with negative points due to penalties.
