IF YOU choked on your cornflakes after reading Wanderers could be set for a £40 million foreign takeover — you weren’t alone.

Yesterday’s reports came as a surprise to everyone in the corridors of power at the Macron Stadium, who vehemently insisted no discussions with potential investors have gone as far as the ones suggested discussed in the Thai media.

Meetings have been called, air miles racked up, but none of the interested parties have gone any further than kicking the tyres.

Perhaps Whites fans will are going to have to get used to the odd red herring as the club spreads its net further afield? One day soon of these days, a new backer is bound to request a test drive.

But the message coming directly from Wanderers was clear: Offers are invited, provided they are acceptable to Eddie Davies and, more crucially, in the best interests of the club’s future.

For all the doom and gloom which has lingered since dropping into the Championship, it must not be overlooked that this grand old club is an attractive proposition.

The assets — from the stadium to the training ground — are Premier League class, entirely owned and comparable with any other at this level of football.

It seems increasingly inevitable Wanderers will seek outside help to find the funds which will help them compete again in the top flight, rather than rely exclusively on Davies, as they have in the past.

In the meantime, Neil Lennon’s appointment has sparked a wave of goodwill money cannot buy.

Continuing to rebuild bridges closer to home, and climbing the Championship is table seems the more pressing priority.