Championship Sheffield Wednesday owner Milan Mandaric has revealed there is no bid in place to take over the struggling Yorkshire club. In July, businessman Sammy Yu was linked with buying the Owls but it now appears there is no offer on the table.
"It is the same situation as it has been for a while. There are some people who are interested but nothing tangible," he told BBC Radio Sheffield.
"Sammy Yu is still looking but I don't think anything will happen there."
He added: "When I took the club over it all happened in four days so it doesn't take that much time for someone with money to do the deal if they want to.
"I'm trying to protect the fans from rumours and speculation because they've been through it all before."
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