Milan Mandaric, the former owner of Sheffield Wednesday, plans to buy back the struggling club to prevent it from being destroyed under Chairman Dejphon Chansiri. Mandaric, who owned the club from 2010 to 2015, intends to propose a rescue package and has scheduled talks with Chansiri. Sheffield Wednesday faces impending spending restrictions due to late wage payments. Mandaric has hinted at the need for new leadership at the club, indicating that he may partner with former executives, but acknowledges the challenge posed by Chansiri's valuation of the cash-strapped club.
"It needs a big rescue now - all of us who love football and love Sheffield [Wednesday] have no doubt about that," Mandaric said.
Mandaric stated, "I am going to definitely try to see him [Chansiri] with my people and be very straight in telling him that he is going to destroy the club unless he lets new people like me get involved."
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