Sheffield Wednesday have released a statement from proposed owner Hafiz Mammadov refuting reports from media outlets in France and Azerbaijan that he had been arrested in his home country.
The statement read: “Certain unfounded rumours have been spread in the press over my supposed arrest and imprisonment in Azerbaijan, which I obviously strongly deny, and which was immediately denied by State Border Guards.
“It seems today that false and malicious speculation over my situation is being used with the aim to create confusion and doubt over my financial holdings and commitments.
“There are no grounds for the allegations made by the press, and I will take all necessary legal actions against whoever has initiated these false rumours with the aim to harm my family and me.”
Mammadov is currently awaiting his proposed buy-out of Wednesday from Milan Mandaric to be ratified by the Football League.