Sale could revolutionise Sheff Wed - administrator
Briefly

Sale could revolutionise Sheff Wed - administrator
""We're pretty confident we've got the cashflow sorted now, so as long as fans continue to buy tickets at the rate we've predicted, then we'll be OK," Wigfield told BBC Sport. "We're making a lot more from the club shop than we were previously. Yesterday in the kiosks [inside the ground] we made 50% more than the club usually would from a similar-sized crowd.""
""We've now got seven bidders that have shown proof of funds. We're expecting that to increase. We showed one around today, of the seven, but we'll probably end up with nine or 10 serious bidders. We need them to satisfy us that they will make the club viable, and we need them to satisfy us that they will pass the EFL fit and proper test.""
Sheffield Wednesday and the company that owns Hillsborough entered administration on 24 October after HMRC prepared a winding-up order over a debt of around £1.7m. Dejphon Chansiri's 10-year ownership ended and Begbies Traynor were appointed administrators. The club operated on a shoestring under prior ownership. Supporter return after a boycott increased matchday income, retail and kiosk takings, and administrators project running at a profit of about £1m by January if ticket sales continue. Seven bidders have shown proof of funds and more are expected. Bidders must demonstrate viability and pass the EFL fit-and-proper test. The Supporters' Trust will raise funds to sign players during administration.
Read at www.bbc.com
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