Wednesday have received interest from several parties as they look to agree a takeover deal after financial struggles over the past year which has led to the side being placed into administration on the 24th of October.
Both United and Wednesday are in the Championship relegation zone and have a fierce rivalry that has lasted several decades. The administration resulted in the side being deducted 12 points, leaving them open to relegation this season.
The American-based consortium completed their takeover of United less than a year ago and although The Telegraph reports that the prospect of the two sides merging is next to none, it is on the table.
COH Sports have decided to address the United supporters with their hopes and goals for the future, stating that they aim to stick with United despite constant reports.
“As the owners and custodians of the club, we remain hugely confident that with your support and some targeted additions to the squad that we will soon climb up the table back to where we belong.”
“But be under no illusion: bringing regular Premier League football to Sheffield United is why we are here. We are working as hard as we can to further modernise the Club so that it is in the strongest position to compete.
“This journey is a marathon, not a sprint. Like all clubs, there has certainly been some ups and downs. However, our goals and commitment remain the same today as the day we walked in.”
A merger, therefore, is very unlikely but as Wednesday are set to drop down to League One more reports may emerge over the next year as the side aim to find new owners and climb back to the Championship.