Writer: Nick 
Date:Friday November 19 2010
Time: 1:17PM
Sky Sports News is today reporting that Leicester City chairman Milan Mandaric will withdraw his offer to buy Wednesday if a deal isn't completed this weekend.
The Serbian-American businessman announced his interest in the club last week, presenting a deal to the Co-op Bank, the clubs major creditors, and the current loan note holders.
Although it's understood the Co-op Bank was in favour of his offer, Mandaric couldn't agree terms with former Owls chairman Dave Allen, who called the offer for his shares 'derisory', and one other loan note holder.
Mandaric, who would have to step down from his role as Foxes chairman to complete any deal at S6, had left his offer on the table before Wednesday were due in the High Court faced with a winding-up order over an unpaid tax bill of £600,000.
But, with Wednesday given 28 days to secure a buyer by the High Court, the latest report on Sky Sports News is reporting that the former Portsmouth chairman will withdraw his offer if not accepted this weekend.
The report reveals a £20m buyout of the club, but neither Mandaric nor Wednesday have commented on the news.
Wednesday's 2013-14 fixture list (Wednesday June 19 2013)
Wednesday set for away day opener (Tuesday June 18 2013)
Owls to visit Rotherham in League Cup (Monday June 17 2013)
Owls in Capital One Cup draw (Sunday June 16 2013)
Krstanovic edges closer to Owls move (Sunday June 16 2013)
Owls striker close to Barnsley move (Wednesday June 5 2013)
Wednesday confirm Rangers friendly (Thursday May 30 2013)
Owls close in on new deal for Johnson (Wednesday May 29 2013)
Owls XI to visit Frickley Athletic (Monday May 20 2013)
Tigers confirm Wednesday friendly clash (Wednesday May 15 2013)
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