The lifelong Owls fan is currently playing for Busan Icons in South Korea but his family have failed to settle in the Far East.
Ex-Blade Marsden, captain of The Saints’ 2003 FA Cup final side, signed a two-year deal with Icons and can only leave if a cash bid comes in.
According to Icons boss and erstwhile Owls midfielder Ian Porterfield, Wednesday have already had a £75,000 bid rebuffed by the club before the player left the club for a weekend break.
Porterfield said: "Last Friday, before Chris left, I explained to him the offer from Wednesday was not acceptable to Icons.
"He was obviously quite upset at that, because he wants to go to Wednesday, so on Monday he came into the club and handed in a letter stating he was returning to England."
Marsden, who will be Wednesday’s skipper when his protracted move finally goes through, has been long on the wanted list of Chris Turner.
The player may have to tell Icons he is going to retire from the game in a bid to release himself from the contract so he can come home, although whether Porterfield will believe that is another matter altogether.
Turner recently said in the Sheffield Star last week that the club will have ‘a new midfield with Glenn Whelan and Chris Marsden,’ stating that a deal for the veteran balding midfielder was done and dusted, but the move seems to have hit complications on the other side of the planet.
So far Turner has wrapped up deals for David Lucas, Lee Bullen, Guy Branston, Paul Heckingbottom, Whelan and Jon-Paul McGovern.
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