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Fight for troubled Sheffield Wednesday shaping into two-horse race - with ex-Newcastle owner Mike Ashley in the running

Related Topics: Sheffield Wednesday

The battle for Sheffield Wednesday is shaping into a two-horse race, with a preferred bidder expected to be selected in the near future.

Daily Mail Sport previously reported that three parties were in for the troubled Championship club.

However, it is understood that there are concerns over the funding involved with one of the groups – which includes a former poker player whose consultancy firm list Sheffield United among its clients – and a view that their offer could potentially struggle to satisfy the demands of the EFL’s Owners and Directors Test.

Should that prove to be the case, it would leave former Newcastle United owner Mike Ashley and a consortium made up of Americans John McEvoy and the Storch family in the running to take over at Hillsborough.