Sheffield Wednesday: Milan casts doubt on takeover

Milan Mandaric says there is nothing tangible yet from interested parties
Milan Mandaric says there is nothing tangible yet from interested parties
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Milan Mandaric doubts whether the Chinese consortium linked with the Owls will be capable of doing a takeover deal, writes Paul Thompson.

The chairman has told The Star that there is still “nothing tangible” yet from any of the parties who have come forward with an interest in the club.

Mandaric stressed that he is not pushing to sell and remains ambitious for the club, aiming to bring in “two or three” more players including a defensive midfield man now that Jose Semedo and David Prutton are both out.

The Chinese consortium are fronted by former Birmimgham director Sammy Yu and have done due diligence.

But Mandaric said of the months-long saga: “They are still there but they are further away than closer, by far.

“Sammy is a good football man; if he was able to put together the consortium properly maybe something would happen with them, but at this moment if I was a betting man I would say it won’t. There are other parties but they are far away from anything tangible.”

He is focusing mainly on playing matters: “We’re not in the position I’d like in the table. We’ll definitely turn things around. I’m confident, We need to be patient and cannot panic.”