Milan Mandaric believes that there could be a lull in the transfer market for the next few weeks.
It is traditionally a relatively quiet time of the summer as managers and players take holidays or study their possible options. Those players at Hillsborough or elsewhere whose contracts end this summer are being paid by their present clubs until June 30.
Wednesday await decisions from Jermaine Johnson, Miguel Llera, Stephen Bywater, Giles Coke, David Prutton and Lewis Buxton on the offers made to them.
Dave Jones is also lining up potential targets, with chairman Mandaric confirming: “We are looking at the possibilities of players in or out.
“I think that there will be more happening in June than now.”
The Owls were bound by Football League rules in making their offers to out-of-contract players this month.
The rulebook stipulates that players receiving new offers must be notified by the third Saturday in May, which was last Saturday.
Players must then let their club know whether they accept or reject, and must do so in writing within one month of the date the offer was sent.
Wednesday will still hope to line up some early business if possible - as happened last year.
It was mid-May when Kieran Lee’s move from Oldham was placed in the pipeline, and before the month was out Chris Kirkland agreed to move in from Wigan on a two-year contract. That same month, bids were lodged with Derby and Reading for Chris Maguire and Michail Antonio.
But it was after the market began to hot up in June that close-season deals were clinched for those two, and Anthony Gardner, Rhys McCabe and Joe Mattock arrived among other ins and outs ahead of the season’s start.