Milan Mandaric has told BBC Sport he is "24 hours or less" away from being able to rescue Sheffield Wednesday.Mandaric first emerged as a saviour for the Owls a fortnight ago, only to apparently pull out last week when his approach was rebuffed by key creditors.
But with administration looming, the current Leicester City chairman has returned to the negotiating table.
"I've made no secret of my desire to help the club - I hope I'm not too far from the line" said Mandaric.
"I have given my representatives the green light to see if they could close the deal.
"Things are in the hands of the [Co-operative] bank now but they're being very cooperative. I hope they'll get back to us in the next day or two and we'll be able to do some serious business.
"They know we're credible people, very football orientated and we're capable financially. So I don't know what else they'd need."
Source: BBC Sport
Source: BBC Sport