Sheffield Wednesday have rejected a bid from Portsmouth for Svante Ingelsson, a 27-year-old Swedish midfielder. It was reported that Portsmouth had hoped to sign the player for a reduced price because his contract is due to expire in the summer. However, Sheffield Wednesday hold a one-year extension clause, which means the club is not under pressure to accept a low offer. This is the case despite the club being in administration and seeking to raise funds by selling players before the January transfer window ends. Ingelsson has made 26 appearances and scored one goal in the Championship this season. He has been capped 14 times for Sweden's U21 team, scoring two goals. Transfermarkt estimates his current market value to be €1.00m.