Mike Ashley, the former Newcastle United owner, has been linked with a potential takeover of Sheffield Wednesday after a £47.8m deal collapsed. The billionaire, who paid £175.6m in tax last year, ranks ninth on the Sunday Times Tax List.
Ashley's representative is reportedly set to hold talks with the club's administrators. Sheffield Wednesday were relegated from the Championship last week following a 2-1 defeat to Sheffield United, adding to their financial woes.
The club was placed into administration in October, ousting former owner Dejphon Chansiri. A consortium led by James Bord withdrew from a £47.8m takeover, citing 'catastrophic under-investment' by previous owners.
Ashley, worth £3.12bn according to The Sunday Times Rich List, made his fortune through Sports Direct. He sold Newcastle United for £300m in 2021 and has been without a football club since.
