"Chansiri has admitted he turned down two offers for the club earlier this summer, claiming one was worth 40m, with another 30m from a US-based group. At the time, the 57-year-old said in a statement: "I repeat that I am willing to sell but the deal must be correct on all fronts." The valuation Chansiri has put on the Owls is understood to be about 100m, more than two-and-a-half times what he paid when he bought the club from previous owner Milan Mandaric in 2015."
""Most EFL clubs are being sold for roughly two or two-and-a-half times their revenue," says football finance expert Kieran Maguire. "In Sheffield Wednesday's case, that puts them in the region of about 40m to 50m. "When you take into consideration the state of the stadium, and the fact the club doesn't own it, they should be towards the bottom of that scale. The 100m valuation appears to be without merit and has no logical backing.""
Dejphon Chansiri rejected two takeover offers this summer, citing one at £40m and another at £30m, while valuing the club at about £100m. The 2015 purchase price of £37.5m would be roughly £52m with inflation, leaving the £100m figure far above typical market multiples. Most EFL clubs sell for around two to two-and-a-half times revenue, implying a fair range near £40–50m for Sheffield Wednesday. The club has accumulated almost £200m in losses under current ownership. The stadium is not club-owned, fans are staging protests and boycotts, and a takeover remains stalled despite recent on-field positives and staff being paid on time.
Read at www.bbc.com
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