Mandaric Linked With Owls Investment

Current Leicester City chairman and former Portsmouth owner Milan Mandaric is the latest name to be linked with a potential investment in Wednesday.

Mandaric’s name was brought up by presenters on BBC Radio Sheffield’s Football Heaven programme last night as the Owls continue their search for much-needed investment into the club.

It follows the news that Kevin Mundie, leading investor of oil companies’ group COR, withdrew his interest in the Owls for personal reasons yesterday.

Owls chairman Howard Wilkinson has confirmed that talks are still on-going with other interested parties, with the remaining players involved in the COR deal still believed to be in advanced talks.

Mandaric is the other name to be thrown into the hat by the media following his sale of npower Championship side Leicester City to a Thai-based consortium.

He’s still chairman at the Walkers Stadium club but is thought to be close to leaving the club following the takeover, with his former club Portsmouth also another possible destination.

Talking to BBC Sport recently, Mandaric said: “I’m still chairman here but there’s no secret about how much I love Pompey and I think I have another round left in me.

“But committing to anything now would be wrong, for the fans here and the fans there. I will not be putting my name near any deal for a club until I’m ready.”

Mandaric was linked with Wednesday before his spell with the Foxes after he sold his shares in the Fratton Park club.

You can see the old story by clicking here