Unless Sheff Utd are happy paying a million to loan him for 6 months instead of committing to a long contract, then sign him permanently in the summer if he suits their team. Hemmings would probably take the million and its absolutely nothing for a Prem club.
Hemmings recoups a little bit of cash, Sheff Utd sign a decent player, we're fucked. It sounds plausible to me.
I mean we have to accept a bid, regardless. Why would we accept a pittance? If we wanted to sell him, we would and could have done it in Summer.