Leicester City have emerged as one of the clubs keen on signing Sheffield Wednesday defender Max Lowe, who is reportedly available on a free transfer due to ongoing financial turmoil at the Yorkshire club.
The news, broken by talkSPORT reporter Alex Crook, highlights the growing uncertainty surrounding Sheffield Wednesday, where unpaid wages have pushed several players, including Lowe, to consider terminating their contracts.
#LCFC among the clubs showing interest in Max Lowe, who is thought to be one of the #SWFC players available on a free transfer due to unpaid wages. Lowe has twice been promoted twice to the Premier League with Sheff United and Forest.
— Alex Crook ⚽️🎙 (@alex_crook) July 14, 2025
Lowe’s Championship Pedigree
Max Lowe, a 28-year-old left-back, has become a target for Leicester City as they look to bolster their squad following their relegation to the Championship. The Foxes, who parted ways with manager Ruud van Nistelrooy earlier this summer, are navigating their own financial challenges but see Lowe as a shrewd addition given his experience and the opportunity to sign him without a transfer fee. Lowe’s proven track record in the Championship, having secured promotion to the Premier League twice—first with Sheffield United in 2020 and then with Nottingham Forest via the play-offs in 2022—makes him an attractive prospect for a Leicester side aiming for an immediate return to the top flight.
Sheffield Wednesday’s Financial Woes
Sheffield Wednesday’s financial difficulties have been well-documented, with the club failing to pay players’ wages on time for the third time in four months. Under FIFA regulations, players unpaid for two consecutive months can serve notice to terminate their contracts, and Lowe is believed to be among those considering this option. The Professional Footballers’ Association (PFA) has called the situation at Hillsborough “shocking” and “not tolerable,” with several senior players potentially able to walk away for free.
This crisis, compounded by a three-window transfer fee embargo and owner Dejphon Chansiri’s struggles to find a buyer for the club, has created an environment of uncertainty, with manager Danny Rohl also linked with a move away.
Competition for Lowe’s Signature
Leicester are not alone in their interest in Lowe. Fellow Championship side Preston North End have also been linked with the versatile defender, who joined Sheffield Wednesday in August 2024 after his release from rivals Sheffield United. However, Leicester’s pedigree and ambition to secure promotion may give them an edge in the race for his signature, despite their own concerns over potential points deductions due to Profitability and Sustainability Rules (PSR) breaches.