Sheffield Wednesday’s ownership saga has taken a dramatic new twist, as administrators have reportedly received two massive bids for the club — leaving both officials and fans deeply divided over who should take the reins at Hillsborough.
According to reports, the first offer has come from former Newcastle United owner Mike Ashley, who has tabled a £10 million bid in a move that signals his renewed interest in English football ownership. The second and more intriguing offer is said to come from Australia’s wealthiest woman, Gina Rinehart, who has verbally pledged to outbid any existing offer for the South Yorkshire club.
Sources close to the situation suggest that both parties are serious contenders, with Rinehart’s representatives already in advanced talks to assess the club’s financial position and long-term potential. The mining magnate, known for her strong business acumen and vast resources, is reportedly eager to bring a fresh vision to the Owls, promising global partnerships and heavy investment across all departments — from youth development to senior team recruitment.
Meanwhile, Mike Ashley’s camp believes his experience in football, having previously owned Newcastle United, gives him an advantage. Ashley is said to be focused on financial stability and operational discipline, qualities he demonstrated during his time in charge at St. James’ Park. However, that same tenure has made many Sheffield Wednesday supporters skeptical. Some fans still recall his controversial management style, lack of major investment, and strained relationship with Newcastle’s supporters — issues that have sparked strong opposition among sections of the Wednesday faithful.
The fanbase is now sharply divided. A section of supporters believes that Gina Rinehart’s passion, resources, and outsider perspective could revitalize the club and inject the ambition it desperately needs. They have drawn comparisons to the early years of Roman Abramovich’s takeover of Chelsea, which transformed the London club into a European powerhouse.
On the other hand, many others argue that Ashley’s football experience and understanding of the English game make him the safer choice, insisting that Rinehart’s lack of experience in football ownership could prove risky.
A supporter on social media summed up the debate perfectly, writing:
“Gina Rinehart would bring passion and fresh investment, but Ashley knows football inside out. It’s a choice between excitement and experience.”
As the administrators continue to deliberate, both camps are reportedly preparing to intensify their pursuit, with official presentations expected to be made later this month.
With Sheffield Wednesday currently battling both on and off the pitch, the decision over who becomes the club’s next owner could define its future for years to come. For now, all eyes are on Hillsborough — where a new era may be about to begin, but the question remains: who will lead it?
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