Owls shareholders approve takeover

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Sheffield Wednesday's shareholders have approved Milan Mandaric's takeover of the club.

Mandaric, 73, completed an £8million takeover at the end of November which saved the Owls from potential administration and a winding-up order issued by HMRC.

And he has now won the support of 99.7% of those shareholders that voted at an emergency general meeting Tuesday morning and officially takes over from Howard Wilkinson as chairman.

Mandaric said: "I thank you for your votes and your trust.

"I will do everything I can not to let you down. We are going to be in the same boat, we are going to be loyal. It's not going to be me - it's going to be us."

Wilkinson added: "It's time to start to think about the time when the club could begin looking to where Sheffield Wednesday should be, which is in the Premier League.

"Let's hope we go to where we want to go."

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