Three parties have given the administrators of Sheffield Wednesday proof of £50m funds to take over the Championship club.

BBC Sheffield understands that more interested groups are likely to come forward.

The Owls were placed into administration last Friday to end Dejphon Chansiri’s 10-year spell as owner.

As a result of entering administration, they were given a 12-point deduction by the English Football League and are bottom of the second tier, 16 points adrift of safety.

The club’s administrators said on Thursday that they had been able to pay all wages a day earlier than scheduled.

Wage payments had been delayed in five of the seven previous months under Chansiri’s chaotic ownership.

Wednesday travel to West Brom on Saturday, looking for a second league win of the season.