Sheffield Wednesday: Milan promises transfer cash for Megson

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MILAN Mandaric has reassured Sheffield Wednesday’s supporters he will provide manager Gary Megson with a “very competitive budget for next season”.

The Serbian-born businessman, who officially completed his £8 million takeover of the club five months ago, has promised to back Megson in the transfer market over the summer.

It is believed Megson wants to add six new faces to his Owls squad but the former Bolton Wanderers boss has not ruled out bringing in more reinforcements as he looks to lead the club out of League One.

Mandaric has thanked the fans for their “incredible” backing and admits he has “fallen in love” with the club during his short reign. He has vowed to do everything in his power to take Wednesday back into the top flight.

In a statement, Mandaric said: “I will give full support to our manager so we can recruit the right players over the summer.

“Gary (Megson) has given me a list of players he would like to bring to Sheffield Wednesday and Paul Aldridge and I will work as hard as we possibly can to make those signings happen.”

The 72-year-old added: “We will have a very competitive budget for next season and if our performances on the pitch reflect that budget let me say we will be in extremely good shape.

“All I can do is give full support to our manager and his coaching staff and then it is up to them to make all the pieces in the puzzle fit together.”

The Star understands Megson will make a final call on the five out-of-contract players, Jermaine Johnson, Tommy Miller, James O’Connor, Lewis Buxton and Richard Hinds, over the next 48 hours.

Megson also has to make his mind up on whether he wants to retain his loan contingent, including Neil Mellor who claimed the League One Player of the Month award for April.