Latest Update from Kris

I'm more than happy. Still big hitters want us, that's my take, and don't try and derail it.

Five firm credible bids, positive for future. Thanks Kris that's what I wanted to hear. 

25 minutes ago, wmb said:

Great statement. Thanks to Kris and team. Will still be some oddballs making up reasons for the delay though. 

Next manager?

Clear statement, and it pretty much confirms the outcome will be a serious owner, not someone scraping the barrel.

10 minutes ago, beswetherick said:

We must:

• maximise returns to creditors; and
• secure the right long-term owner for Sheffield Wednesday.

Rushing this stage would serve neither objective.
 

“Secure the right long-term owner for Sheffield Wednesday” is the bit that stood out to me. I’d much rather wait a bit longer for a better outcome than them rush into a sale to some tyre-kicker just to meet a deadline. 

I  don't think you'll get any tyre kickers offering 30+ million after already showing they have liquid assets of 50 million. Think the proof of funding got rid of them.

Essentially code for we’ve also received offers from the CEO of Spotify, the CEO of Rakuten & the co-founder of Facebook

1 minute ago, wellbeaten-the-owl said:

Am being very nitpicky here (do sometimes seem to fear the worst) but would have been happier if @Kris Wigfield had reconfirmed that the "strong credible offers" they are working with are above the level needed to avoid the 15 point deduction. 

That's already been confirmed, hasn't it?

I think they’ve got until the end of January to get a deal done before the money starts to run out?

It’s all good

Think about other things

Like, do dogs get twice as tired because they’ve got twice as many legs as us ? 

Just now, Deluded Owl said:

I think they’ve got until the end of January to get a deal done before the money starts to run out?

I am sure we will have new owners by then. 

Not sure another week is going to make much difference, it seems they are confident that any of the remaining bidders will pass the EFL test.