Vital Football

Latest Sheffield Wednesday News

Wilko Places Trust In Owls Investors

Wilko Places Trust In Owls Investors

Wednesday chairman Howard Wilkinson has revealed his 'trust' in the investment group, including former Owls boss and player Chris Turner, looking to takeover Wednesday.

Wilkinson has issued a statement via the official SWFC website today updating Wednesdayites on the current position regarding the potential takeover of the club.

In it, he reveals a meeting with 'the most senior official associated with the group' this week and his confidence in them to complete a deal for the good of the club in the short and long-term future.

The statement read: "This week, I have held a meeting in London with the most senior official associated with the group who have agreed to advance £2m to Sheffield Wednesday. I have also met with the group`s legal advisors who have been dealing with this issue since their first serious approach to the club.

"The meeting was very productive and I left convinced about both the desire and capability of the group to finalise the deal.

"The investors are part of a multi-national company who clearly have the ability to finance the investment, in both the short and longer term.

"In particular, the most senior investor within the group has personally given me written and verbal undertakings as to both the advance payment and his intention to complete the full investment into Sheffield Wednesday.

"As he reminded me, it would do his and the company`s credibility no good, either in the football or wider business communities, if the deal was not now finalised and on that basis as Chairman of Sheffield Wednesday, I am placing my trust in him.

"I note that some are questioning the deal, asking if the money is in the account yet. I appreciate that the recent history of this club might naturally lead many to suspect the worst and I can understand that. But what I do want to reiterate, is that having spent time with the key person involved and his legal team, I remain convinced about the group`s intentions.

"In terms of the money, the matter is now being coordinated amongst the various lawyers. However, any business agreement ultimately depends on the integrity of people involved and on that basis, I can only reiterate my trust in their intentions."

It seems that, as always at Hillsborough with regards to takeover talk, Owls fans must be patient as Wilkinson, and Nick Parker, look to get the deal done for the club.



Click here to join in the debate on the club forum.

Writer:Nick
Date:Thursday October 14 2010
Time: 6:14PM

Comments

0
someone must
mick66owl
14/10/2010 18:18:00
Page 1/1
  1. 1

Login to post a comment

Recent Sheffield Wednesday Articles

Vital Head-To-Head - Wednesday Vs Brentford

Who has the upper hand between the Owls and the Bees historically?

Vital Pre-Match - Carlos Ahead Of Owls Vs Bees

Time for 'adults' to buzz passed Bees

Vital View From The Stands - Owls Fell Forest (again)

Forestieri delights Owls away army

Stats: Nott'm Forest v Sheffield Wednesday

All the stats from Nott'm Forest (1) vs (2) Sheffield Wednesday, City Ground, 18/2/17 Att: 20,164

Archived Vital Wednesday Articles

Vital Wednesday articles from

Site Journalists

Ed Jepson
Editor email
Profile
Tom Sellers
no email
Profile

Current Poll (see more polls)

Outcome of Wednesday Vs Brentford?
Suggested By: Vital Wednesday
Wednesday Win78%
Draw13%
Bees Win9%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Newcastle 32 22 3 7 69 37
2 Brighton 32 20 8 4 68 28
3 Huddersfield 31 19 4 8 61 7
4 Reading 32 18 6 8 60 6
5 Leeds Utd 33 18 4 11 58 11
6 Sheff Wed 32 17 7 8 58 11
7 Norwich 33 15 6 12 51 11
8 Fulham 31 13 10 8 49 15
9 Barnsley 33 14 7 12 49 4
10 Preston 33 13 10 10 49 4
11 Derby County 31 13 8 10 47 7
12 Cardiff 33 13 6 14 45 -2
13 Ipswich 33 10 11 12 41 -7
14 Birmingham 33 10 10 13 40 -14
15 Brentford 31 10 7 14 37 -1
16 Q.P.R. 32 10 7 15 37 -11
17 Aston Villa 32 8 12 12 36 -8
18 Forest 33 10 6 17 36 -12
19 Wolves 31 9 8 14 35 -4
20 Burton 32 9 7 16 34 -13
21 Bristol City 31 9 5 17 32 -4
22 Wigan 32 7 9 16 30 -9
23 Blackburn 31 7 8 16 29 -13
24 Rotherham 33 4 5 24 17 -43
Write for Vital Football
Latest F1 News
Latest Vital Boxing News
The Vital Football Members League

Recent Sheffield Wednesday Results (view all)

Sheffield Wednesday Fixtures (view all)

Feb 21 2017 7:45PM : Brentford (H)
Sky Bet Championship
Feb 25 2017 12:30PM : Leeds United (a)
Sky Bet Championship
Mar 4 2017 3:00PM : Norwich City (H)
Sky Bet Championship
Mar 7 2017 7:45PM : Burton Albion (H)
Sky Bet Championship
Mar 11 2017 3:00PM : Aston Villa (a)
Sky Bet Championship
Mar 17 2017 7:45PM : Reading (H)
Sky Bet Championship

Vital Members League Table

RankNamePoints
1.dooleys left leg4
2.Radon Barrier1
3.HORSFOWL1
Vital Football Comment