News has broken tonight that Sheffield Wednesday are in takeover talks with a Thai consortium in a deal worth about £30 million.

BBC Radio Sheffield sports reporter, Andy Giddings, tweeted:

The reporter went on to tweet:

It is understood by Mr Giddings that current Sheffield Wednesday owner and chairman, Milan Mandaric, is on business in the United States. The Owls seemed to spark interest from Azerbaijani  businessman Hafiz Mammadov but his alleged takeover of the South Yorkshire club hit complications and as a result, failed to materialise.

Mr Mandaric has made no secret of his desire to sell that club but has made it clear that it has to be for the right price in order for him to sell up. Mandaric agreed to buy the Owls in 2010 and agreed to settle the club’s outstanding debts. It s thought that the club will want the deal to be signed and sealed before discussing in detail according to fellow BBC Radio Sheffield sports reporter, Rob Staton. He tweeted:

The club have so far refused to comment.

*photo courtesy of The Telegraph.

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Josh is a huge follower of football and has been for years. Also, he is an aspiring sports journalist, always looking out for new opportunities linked with that line of career. Josh has been a passionate Sheffield United fan ever since he was young.

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