Megson faces up to balancing act over Owls finances

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Gary Megson is walking a line between his need for new players and his acceptance that Sheffield Wednesday has to be run as a business, writes Alan Biggs.

Gary Megson is walking a line between his need for new players and his acceptance that Sheffield Wednesday has to be run as a business, writes Alan Biggs.

Having a rich owner in Milan Mandaric has led to the misconception in some quarters that the Serbian-American businessman will personally bankroll a climb from League One.

But, after spending £12m on buying the club and clearing debts, Mandaric is justifiably determined not to lead the Owls back down the road to self-destruction.

“We haven’t suddenly become Manchester City,” said Megson. “No-one should get carried away and think there’s money to be chucked around all over the place.

“That’s a part of life. I didn’t come here because there was a huge amount going for the club other than the personal pull of what Sheffield Wednesday means to me.

“If it had been anywhere else I wouldn’t have entertained it.”

For the full story, see this week’s Telegraph