UK time is: 16:08:03
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Manadaric Takeover Talk Hots Up

Media reports linking Leicester City chairman Milan Mandaric with a takeover of Wednesday have gained momentum today, with BBC Radio Leicester revealing he's lining up a bid for the Owls.

Vital Wednesday revealed Mandaric's interest in Wednesday last week, and the former Portsmouth chairman is now believed to be one of three interested parties in taking control of the npower League One club.

Wednesday face a winding-up order at the High Court over an unpaid tax bill next week and could go into administration if an investor doesn't complete a deal to takeover at Hillsborough.

It means the club's main creditor, the Co-operative Bank, will be looking to complete a deal as soon as possible.

Mandaric is believed to be one of the front runners, and BBC Radio Leicester's Ian Stringer has reported via his Twitter feed that the Serbian-American businessman could tender his resignation at the Walkers Stadium to mount a bid for Wednesday.

Mandaric sold the Foxes to a Thai-led consortium in August but he still remains at the Championship club as chairman.

He was linked with a return to former club Portsmouth in September but a move to Fratton Park now seems unlikely.

This is sure to be a developing story, so keep checking Vital Sheffield Wednesday for all the latest news.




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



Click here to join in the debate on the club forum.

The Journalist

Writer: Nick Mail feedback, articles or suggestions

Date:Friday November 12 2010

Time: 11:50AM

Your Comments

just hope something comes off soon cant believe that tomorrow could be our last game sure that wont happen though but if mandaric does take us on wonder how long irvine will last ?
retfordowl1867
its been 5 years talking to investors and now with 5 days to go its all gonna be sorted?.... on a lighter note - 9 goals in 2 games - we're on the up! always look on the bright side of life...
Patrick Blondeau
Ha, tomrrow could be our last game, i never thought about it like that. should this finally happen, i can only see him wanting to bring his own man in, which lets be honest, wouldnt be a bad thing. Still, i wont be holding my breath.
DEZZYP
Don't think its likely that we'll be playing our last game this weekend but administration does seem a whole lot more probable. I have no real problem with Mandaric and I don't think he really was the problem at Portsmouth. Although, I am almost certain that if a miracle occurs and he is the one that takes us on then Irvine is a dead man walking. Mandaric has shown that he will keep sacking Managers until he is satisfied he has the man to do the job and Irvines up and down results, together with the generally defensive style of football, is likely to see him on his way in the near future.
baldowl
And in other breaking news the Pope is catholic and Elvis is still dead.
ollyowl70
If/when his resigns as chairman of Leicester then I'll believe it, until then it's just speculation!!
sussexowl
 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Sheffield Wednesday Articles

Owls hit by Lavery injury blow (Tuesday July 29 2014)

Scunthorpe close on Llera deal (Tuesday July 29 2014)

Owls linked with French midfield man (Wednesday July 16 2014)

Owls' Yorkshire derby clashes on TV (Wednesday July 16 2014)

Owls snap up Keiren Westwood (Tuesday July 8 2014)

Owls' 2014-15 fixture list revealed (Wednesday June 18 2014)

Archived Sheffield Wednesday Articles

List All Vital Wednesday Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

League Results (view all)

Latest Results

League Table (view table)

Team P W D L GD Pts
18. Norwich 0 0 0 0 0 0
19. Reading 0 0 0 0 0 0
20. Rotherham 0 0 0 0 0 0
21. Sheff Wed 0 0 0 0 0 0
22. Watford 0 0 0 0 0 0
23. Wigan 0 0 0 0 0 0
24. Wolves 0 0 0 0 0 0

Breaking League News

Trialists Impress & Veseli Will Leave Permanently
Ipswich : 30/07/2014 15:30:00
McCarthy Delighted With McGoldrick Return
Ipswich : 30/07/2014 15:24:00
Southend 1-2 Ipswich
Ipswich : 30/07/2014 15:20:00
Brighton Arrange Signing Session
Brighton : 30/07/2014 15:05:00
Redknapp Admits Move For Leroy Fer
Norwich : 30/07/2014 14:10:00

Current Site Poll (view all polls)

Should the Owls give Gary Madine another chance?
Suggested By:  
Yes 80%
No 20%