Date: 13th January 2011 at 4:12pm
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Wednesday chief executive Nick Parker has been placed on gardening leave with immediate effect today and is set to be replaced by former Leicester City CEO Paul Aldridge.

The move is the first off-the-field change since Milan Mandaric took control of the club in December.

A role for Aldridge at Hillsborough has yet to be confirmed but reports are today suggesting that Mandaric is keen to bring him in, and a CEO role is the most likely.

Aldridge helped smooth the deal for Mandaric to buy Wednesday and has also accompanied him to matches this season.

He was also chief executive at Leicester City for a brief spell while Mandaric was chairman at the Walkers Stadium.

Parker has been given notice of a termination of his contract with the Owls and his departure is currently being finalised.

He arrived at the club with Lee Strafford in January 2009 and remained on the board at Wednesday following Mandaric’s arrival.

A statement on the official SWFC website read: ‘Nick Parker has been given notice of termination by Sheffield Wednesday Football Club. For the time being, he remains employed, albeit he will not be carrying out any duties for the Club.

‘The Club would like to thank Nick and recognise his contribution to the business during his time here at SWFC.

‘The terms of his departure are being dealt with on a professional and cordial basis.’