BREAKING: Mandaric updates Wednesday fans on Owls takeover

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Milan Mandaric has revealed he is not putting a “huge amount of importance” on Hafiz Mammadov’s protracted takeover of Sheffield Wednesday.

The Owls chairman addressed fans in a video message released by the club, and admitted that he is prepared to look at other options should the Azerbaijani businessman’s buy-out of the club fall through.

Sheffield Wednesday chairman Milan Mandaric

Sheffield Wednesday chairman Milan Mandaric

“It is something I am not really putting a huge amount of importance on, at the minute,” Mandaric said of the takeover.

“If Mr Mammadov crosses the line, then we’ll take it but if not, then we’ll look at other options.

“One option which is working very well at the minute is Milan Mandaric taking the club forward, as I have from day one, with stability on and off the field.

“We need to concentrate on, and enjoy, what we do have here - the club is in very good hands, it is stable and we are making proper additions on and off the field as we go forward with some excitement.”

Wednesday go into tomorrow’s lunchtime clash with Nottingham Forest, live on Sky Sports, unbeaten in Championship competition so far, and they could go top - albeit for a few hours - with victory over the league leaders.

“This is the best football set up we have had since I took over the club,” said Mandaric, who bought Wednesday for £1 back in 2010.

“The players, staff and manager [Stuart Gray] deserve a lot of credit, and I hope we can keep going.

“We’re building a stable team and winning with style, we’re not nicking wins and it’s encouraging. But at the same time, we have to keep our feet on the ground. We all know what we want to do, but it’s too early to dream. The signs, though, are of a good, solid team being built and I feel very positive and optimistic at this time.”