'Glad Bord pulled out... what about Ashley?'

The consortium led by James Bord confirmed on Wednesday it was pulling out of its attempted takeover of Sheffield Wednesday, two months after being named as the preferred bidder.

We asked for your thoughts on the latest situation. This is what some of you said:

John: We want the best owners who offer us stability. Cryptocurrency and gambling firms are the complete opposite of this. It is probably, long term, the best outcome but boy it's tough being a Wednesday fan right now.

Simon: Terrified by the prospect of a 15-point deduction to kick-off League One. Makes the rebuild even harder than it already is. Hopefully someone comes in, understands the scale of the challenge and is committed to seeing through. Still feeling positive about the future though - anything is better than where we were prior to October!

Graham: SWFC's rich history, former pedigree and large and loyal fan base all point to a club that, with a suitably ambitious vision, the right level of investment and strategic acumen, can be a major success again. Simon Jordan should front a joint venture of interested consortia.

Rob: I was hoping this would be sorted in time for decent pre-season for next term. Given how long it has taken to get to here, I am now preparing myself for another season of misery!

Anthony W: Was disappointed that the Bord consortium was the preferred bidder in the first place. Their rationale however seems strange. I assume it is on the basis that a few hundred million needs spending over the next few years.

Paul: Appalling to hear that this has happened, the administration team should burden some responsibility for this. Giving preferred bidder status to a group who now we now see were obviously not fully committed is atrocious.

Mike: Elements of the Bord approach sounded exciting but there was so little to go on. It didn't feel like there was loads of enthusiasm among the fanbase - although we obviously never got to hear from them.

It raises concerns about a points deduction next season and potentially an even longer period of uncertainty and lack of time for planning for next season. We could really do with the boost of a takeover completing and new owners exciting fans about the future.

Paul: Glad the Bord consortium has pulled out. Their overpricing shows they did not do their initial due diligence properly and are not the right fit to bring some stability.

Mike Ashley as a hard headed businessman decreased his bid as he could see how he needs to spend putting the club right rather than paying Chansiri as a creditor.

The administrators do not look good and need to up their game. Wednesday are an embarrassment to all their fans breaking more and more records to becoming the worst EFL team ever. Enough please!

Mat the Sheffield Owl: In the long term the action of pulling out speaks volumes of a group of individuals who clearly don't have sufficient funds and ambition to take it forward. For once they have seen that this would be too much of a bite to swallow.

I know that Mr Ashley is not without his own back story, however, he is a businessman who knows how to revive failing businesses and has experience of running football clubs.

Although Newcastle supporters would disagree, the one thing they can't deny is that he stabilised and moved them on to bigger and better things. Hopefully he is still interested all but of a more knocked down price.

Steve: The administrator accepted an implausibly high offer. They would say their first duty was to the creditors. But this outcome was inevitable. Can we please select an experienced and competent preferred bidder?