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LONDON - Sheffield Wednesday is up for sale, and Maple Leaf Sports and Entertainment may be interested in adding the team to its stable.The club, which plays in English soccer's second-tier League Championship, made the announcement Wednesday morning as it looks for the investment needed to regain promotion to the Premier League."The board have now requested that its financial adviser, Deloitte & Touche LLP, actively seek a buyer that shares the boards' vision for the long term success of the club," the club announced to the London Stock Exchange. "If a buyer is found and its terms are acceptable to the board, then that party would be required to make an offer to all shareholders subject to the City Code on Takeovers and Mergers for the entire issued share capital of the Company."There is no certainty that such a party will be found at this time."Last month, executives from MLSE met Sheffield Wednesday officials during a fact-finding mission.The group owns Major League Soccer's Toronto FC, the NBA's Toronto Raptors and the Toronto Maple Leafs of the NHL.The Owls were relegated from the Premier League in 2000 and narrowly avoided dropping into the third-tier of English soccer last weekend in the final round of League Championship matches.
