Wednesday have issued a statement from owner-in-waiting Hafiz Mammadov, denying reports that he has been arrested in his home country of Azerbaijan.
Mr Mammadov says: “Certain unfounded rumours have been spread in the press over my supposed arrest and imprisonment in Azerbaijan, which I obviously strongly deny, and which was immediately denied by State Border Guards.
“It seems today that false and malicious speculation over my situation is being used with the aim to create confusion and doubt over my financial holdings and commitments.
“There are no grounds for the allegations made by the press, and I will take all necessary legal actions against whoever has initiated these false rumours with the aim to harm my family and me.”