Mike Ashley wants to buy Sheffield Wednesday: details of a £20 million offer.

Acquisition of Sheffield Wednesday

Mike Ashley has expressed his desire to purchase the football club Sheffield Wednesday for approximately £20 million, according to recent reports.

Situation with the club

The former Newcastle owner is considered a serious contender to rescue the 'Owls', who went into administration in October.

The Telegraph writes that Ashley, 61, signalled his intentions on Tuesday night.

Competition with other entrepreneurs

In addition, two consortia from the USA are also planning to take part in the negotiation process.

According to The Sun: The acquisition of Sheffield Wednesday could be an important step for the club, which has faced significant difficulties. Mike Ashley's interest and that of American investors indicates potential for the recovery of the team, which is seeking new opportunities for development and a way out of the crisis.