Former Newcastle owner Mike Ashley has lodged a £20million bid to buy Sheffield Wednesday.

The Owls were placed into administration in October amid a series of financial issues under the ownership of the unpopular Dejphon Chansiri. Simon Jordan reveals what he thinks Sheffield Wednesday are currently worth!

Wednesday owe around £1m in unpaid tax to HMRC and were given a 12-point deduction in the Championship this season.

Football finance expert Stefan Borson told talkSPORT last week that there are 11 bidders interested in taking over the club.

One of those appears to be Ashley , the former CEO of Sports Direct who owned Premier League side Newcastle for 14 years.

He bought the Magpies in 2007 for around £134m but later became an unpopular figure at St. James' Park.

They w

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