The Owls are looking to bolster their squad ahead of the 11pm deadline, as they aim to give themselves the best possible chance of avoiding Championship relegation.
Our men Joe Crann and Alex Miller spoke earlier on the Star’s Facebook page and both were confident of at least one deal being done before the window closed.
A deal to send Jordan Rhodes to Cardiff appears to be off though – is there a role still for the striker at Hillsborough?
Bournemouth midfielder Nnamdi Ofoborh won’t be joining Sheffield Wednesday after his name emerged as a possible Owls deadline day transfer target.
The 21-year-old Nigeria youth international was reportedly of interest to Wednesday as well as a host of other Championship and League One clubs.
Harry Pickering, now formerly of Crewe Alexandra, has signed for Blackburn Rovers for an undisclosed fee believed to be in the region of £650,000 plus add-ons.
It became clear this week that it was the Lancashire side that had moved into pole position when it came to the Pickering transfer tale. It had been reported that Wednesday had made an offer for the 22-year-old earlier in the window.
And as the clock ticks closer to 11pm, we’re taking you through the latest rumours surroundin Wednesday and their second-tier rivals.
Scroll down and click through the pages to view the latest news, gossip and done deals from around the Championship:
5. Ex-Tykes target set for move
Liam Burt, who has spent time on trial at Barnsley and Sunderland this season, is poised to join Bohemians. (Daily Record) Photo: Alex Pantling
6. Terriers linked with £12.5m man
Derby County and Huddersfield Town have enquired about a deal that would see Isaac Success, once bought for a cool £12.5 million, leave Championship rivals Watford on deadline day. Reports state Derby and Huddersfield have both made approaches with a loan deal likely. (Watford Observer) Photo: Richard Heathcote
7. Huddersfield Town linked with two
Former Huddersfield Town loanee Lukas Jutkiewicz and League One forward Kayden Jackson have both linked with moves to the John Smith's Stadium before the winter transfer window slams shut. (Various) Photo: Stu Forster
8. Middlesbrough eye late deal
Middlesbrough are weighing up a last-minute loan move for Fulham attacker Aboubakar Kamara. Kamara, 25, has featured on 11 occasions in the Premier League this season, failing to score. He managed four goals in 28 Championship appearances last campaign. (Various) Photo: Mike Hewitt