Sheffield Wednesday News 24/7Writer: Nick 
Date:Thursday August 19 2010
Time: 9:31AM
UK time is: 14:58:05
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Former Hammers Supremo Eyes Owls
Former West Ham chairman Eggert Magnusson has emerged as a shock contender to mount a takeover bid for Wednesday, according to today's Daily Mail.
The Icelandic businessman has been away from English football since his spell as West Ham chairman but is thought to be heading a consurtium that are in talks with Wednesday.
The Owls are on the lookout for potential invesmtent into the club and have already revealed that American company Club 9 Sports and another, unnamed consortium, are showing interest.
But Magnusson's interest has come somewhat out of the blue following his stint as chairman of the Premier League Hammers three years ago.
Magnusson is understood to have shown initial interest last season by attending a match at Hillsborough but never got any further in the process of investing following Lee Strafford's departure from S6.
He has an interest in football and is a former president of the Icelandic FA and was on the UEFA executive committee.
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Your Comments
Blimey! Whattever next. After so many protracted tales and stories I am quite happy to let all this wash over me. With the finances we currently have Father Ted is building a highly competitive and well organised side. Should the club be taken over and receive more money for players, well that will just be a bonus. (Mind you Iceland and Sheffield have very similar climates, so perhaps there is something in this story!)
bluedog
And just how well did things go at West Ham under his supervision?
OddOwl
This bloke shouldnt be let near a club again, he makes our board look like the most sensible people on the planet. Sadly that proper persons test thing they do is only for the premier league....hope this is just a rumour.
DEZZYP
From what I understand he was hardly to blame for the problems at West Ham. He was merely the front man for the consortium and had only a 5% stake in the club personally. He was only Chairman there for about 6 months before the other Icelanders that he introduced took over. Can't say I'm 100% sure about the above but I remember reading that somewhere yesterday.
SouthamptonOwl
Just been on Sky Sports that no truth in eggy taking over at Wednesday, but on going talks with a unamed investers still on going, so that clears that up.
ecco owl
phew, big relief. what a bargain somebody could get our club for, it amazes me nobody with a bit of business sense shows any interest. Some debt, but no worse than most clubs, the fan base(a bit miserable at times), a redeveloped stadium should we england get the world cup. so much potential with so little interest....very frustrating indeed.
DEZZYP
egbert would do a great job at the sty!! here here to a swift appointment.....ha ha the blokes a crook but suppose you are used to those at your league 1 outfit!!! ha ha league 1 still has a great ring to it don't you think!! i've heard the other unamed investor is mickey mouse....interesting!!
bladesforlife1889
Yeah Yeah whatever !! Speak to the hand and all that cos really until it happens FOR REAL I really couldnt care less about these stories. Its gone on far too long for me to even think about getting excited its all blaa blaa blaa blaa blaa blaa blaa whenever I hear a story like this. he he
stevetheowl
I mean is it just me or is anybody else on here just sick to the back teeth of even talking about all this rubbish.
stevetheowl
Yes pigforlife what a big championship club you lot are, 22,000 crowd for your opening fixture, then the cheap option for your manager, big club my arse more like mickey mouse club.
ecco owl
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