Bord consortium pull out of Sheff Wed takeover
Summary
A group led by James Bord decided not to buy Sheffield Wednesday football club. The club, which has financial problems and was recently relegated, is now looking for a new buyer. Another group, led by David Storch, might still be interested in buying the club.Key Facts
- James Bord's group was the preferred bidder for Sheffield Wednesday.
- The group included Felix Romer and Alsharif Faisal Bin Jamil.
- They decided not to proceed with the purchase due to the club's financial issues.
- Sheffield Wednesday has been in financial trouble since October.
- The Bord group spent over £4 million to help the club temporarily.
- Sheffield Wednesday was recently relegated from the Championship after losing a match to Sheffield United.
- Another bidder led by David Storch remains interested in the club.
- The club's administrators are now looking for new buyers again.
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