Former proprietor Milan Mandaric says helium volition effort to bargain backmost troubled Sheffield Wednesday successful bid to prevention the nine from being "destroyed" nether existent president Dejphon Chansiri.
Mandaric, an 86-year-old Serbian-American, owned the Owls betwixt November 2010 and January 2015 earlier selling the nine to Chansiri. He told a BBC Radio Sheffield Football Heaven Special helium intends to enactment unneurotic a "rescue" package.
Mandaric volition alert into the UK adjacent week, hoping for talks with Chansiri arsenic helium seeks to motorboat a viable takeover bid for the financially-stricken Championship outfit.
On Wednesday, the EFL informed the nine it would look spending restrictions implicit the adjacent 3 transportation windows due to the fact that of failures to wage wages connected time.
"It needs a large rescue present - each of america who emotion shot and emotion Sheffield [Wednesday] person nary uncertainty astir that," Mandaric said.
The ex-Owls proprietor said helium would beryllium consulting erstwhile Wednesday main enforcement Paul Aldridge and ex-finance manager John Redgate - who some worked astatine the nine nether Mandaric - astir the "possibility" of a takeover.
"I americium going to decidedly effort to spot him [Chansiri] with my radical and beryllium precise consecutive successful telling him that helium is going to destruct the nine unless helium lets caller radical similar maine get involved," Mandaric added.
Mandaric has had 3 spells arsenic an proprietor successful England - astatine Portsmouth for 7 years from May 1999 and Leicester City betwixt February 2007 and the summertime of 2010 earlier taking implicit astatine Hillsborough.
He did not clarify whether helium wanted afloat power of the nine again oregon if helium intends to caput up a wider ownership radical but Mandaric was wide that Chansiri's precocious valuation of the cash-strapped nine remains a apt obstacle to a deal.
"I would person to get progressive myself and I person nary occupation with that but 2 things - you person to find the close idiosyncratic but besides you person to person Mr Chansiri hold connected that," Mandaric added.
"That is simply a hard part. He doesn't privation to merchantability it due to the fact that helium is asking for a brainsick price."
Mandaric admitted to feeling immoderate work for Wednesday's existent plight, 24 hours earlier the nine were deed with EFL sanctions for unpaid debts and wages.
But helium said helium believed selling to Chansiri a decennary agone would person a akin result to erstwhile helium sold the Foxes to Vichai Srivaddhanaprabha successful 2010.
"He [Chansiri] gave each the committedness successful the satellite that helium has got money, that helium has got tendency and helium had a household determination who each talked the aforesaid way," said Mandaric.
"I was relaxed and believed that helium would proceed to bash a bully job. I did the aforesaid happening with Leicester City and Vichai. He took the nine to arsenic precocious a level arsenic helium could and I had a akin feeling from Mr Chansiri erstwhile I sold him the club.
"But we each cognize what happened aft that. Things didn't enactment rather well. Loyal supporters are suffering the most."
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