Milan Mandaric Reveals No Offers Yet for Sheffield Wednesday Takeover

Sheffield Wednesday owner Milan Mandaric has confirmed there have been “no tangible” takeover offers yet for the English League One team.

Mandaric, speaking in response to mounting speculation over interest from a Chinese-American consortium, told the club’s official website: “Of course, there are some people who are interested, but I haven’t seen anything tangible or anything that I can report to our supporters.

“As I always say, I’m here to serve them and any decision I make for this club is a decision for the benefit of our supporters and our club.

“It will be no different if the time comes. If somebody comes here and wants to do a better job and quicker, accelerate the progress, I’d welcome that and that’s what I promised our supporters and I’ll keep that promise.

“I always like to bring them up to date and that’s very simple, we’ve got nothing tangible on the table that I can report to them.”

The former Portsmouth owner bought the club for £1 in 2010 after paying an initial £7million to help clear more than £23million of debt, said he would gladly hand over his control to the right bidder.