Vital Football

Latest Sheffield Wednesday News

Turner: Massive Week For Wednesday

Turner: Massive Week For Wednesday

Former Wednesday player, boss and potential investor Chris Turner has revealed that this week is a 'massive' one for the club off the pitch.

Turner, who is involved with Certified Oilfield Rentals, the group looking to invest in Wednesday, has told the Yorkshire Evening Post that COR are hoping to produce funds of an initial £2 million downpayment this week.

In an interview with the Evening Post, he said: 'These are complicated negotiations and we need to come up with something this week that satisfies the club. The bank are happy with the proposals from the investors, but now they have to come through with the money and get the deal done.'

The claims won't go down too well with Wednesdayites, who have seen numerous 'deadlines' come and go in the search for much-needed investment into the club.

But Owls chairman Howard Wilkinson has stated that talks with COR, as well as other potential investors, are on-going.

COR first revealed their interest a number of weeks ago but the club is still waiting for a promised downpayment of £2m to show their commitment to a takeover of the club.

The money has yet to go into the Owls' bank though as problems continue over who, exactly, is going to pay the money initially.



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

Writer:Nick
Date:Monday October 25 2010
Time: 1:18PM

Comments

0
Here we go again! Dont let us hold our breaths(still there may be hope)
garrymo
25/10/2010 13:27:00
0
why is nothing simple at owlerton
vic mobley
25/10/2010 14:32:00
0
I'm a very optimistic guy, but I'll believe it when I see it. I could just imagine those dolts in the Owls boardroom (Wilco and Parker excluded) finding a way to muck this one up...
Colorado Owl
25/10/2010 14:52:00
0
would'nt it be brill to read WEDNESDAY DEAL SIGNED and all the speculation could be put to bed and both club and fans could get on with the more important things
vic mobley
25/10/2010 15:00:00
0
'cautiously optimistic' doesnt fill me with confidence at all. im slightly puzzled to where this £2 million is. now they are talking about 2 new investors, whats wrong with chris turners lot? something about all this smells funny.
DEZZYP
25/10/2010 15:10:00
0
agree DEZZYP if they want to take over do it. Why does it have to run & run somebody is keeping something quiet
vic mobley
25/10/2010 15:15:00
0
why cant turner just come out and say the money will be in on a set date all this carry on is ridiculous bored of reading about it all false hope everytime
retfordowl1867
25/10/2010 15:38:00
0
Turner can't give a date because the investors concerned with the take over (6 people in the COR consortium) have yet to decide how much money each of them is going to put in as individuals> see link to Daily Mail story: http://www.dailymail.co.uk/sport/football/article-1323593/Howard-Wilkinson-cautiously-optimistic-15m-Sheffield-Wednesday-takeover.html
CLIFFANDJ
25/10/2010 16:23:00
0
living here it looks like the takeover of Hull city will be started and finished within 10 days. C'mon Wednesday sick and tired of the lies!
eastyorksowl
25/10/2010 20:50:00
0
although i have just sicked in my mouth a liitle bit writing this, Hull is a much better investment at the moment. Minimum number of shareholders. bungee payment's still to come. new stadium needing nothing to pay on it. longer term wednesday would be a sounder invesment but its the massive outlay at S6. COR are arguing over who pays 2 mill
Waddle1993
26/10/2010 08:51:00
Page 1/1
  1. 1

Login to post a comment

Recent Sheffield Wednesday Articles

More Reliable Than A Championship Octopus? (24/4/17)

Time for the new special computer that crunches the numbers to determine the final Championship positions for 2016/17.

Twitter Reactions: Owls End Rams' Run

We look at the latest Twitter reaction following the Owls' 2-1 over Derby.

Vital Match Reaction - Fletcher States Owls Have Momentum

Fletcher focused on Owls going again to earn a high Championship finish!

Vital Match Reaction - Bullen Praise All Of Owls Team

#TeamOwls for Bullen as he focused praise on the unit not an individual after beating Rams

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)

Who'll miss out on the Playoffs?
Suggested By: Vital Wednesday
Leeds95%
Reading0%
Fulham5%
Wednesday0%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
P Brighton 44 28 8 8 92 35
P Newcastle 44 27 7 10 88 40
3 Huddersfield 44 25 6 13 81 3
4 Reading 44 24 7 13 79 1
5 Sheff Wed 44 23 9 12 78 15
6 Fulham 44 21 13 10 76 27
7 Leeds Utd 44 22 7 15 73 14
8 Norwich 44 19 9 16 66 12
9 Brentford 44 18 9 17 63 12
10 Derby County 44 17 12 15 63 2
11 Preston 44 16 13 15 61 2
12 Aston Villa 44 16 13 15 61 0
13 Cardiff 44 16 11 17 59 -2
14 Barnsley 44 15 12 17 57 0
15 Wolves 44 15 10 19 55 -3
16 Ipswich 44 13 16 15 55 -6
17 Bristol City 44 14 9 21 51 -6
18 Burton 44 13 12 19 51 -12
19 Q.P.R. 44 14 8 22 50 -12
20 Forest 44 13 9 22 48 -11
21 Birmingham 44 11 14 19 47 -22
22 Blackburn 44 10 15 19 45 -15
23 Wigan 44 10 11 23 41 -16
R Rotherham 44 5 6 33 21 -58
Vital Football Comment
Latest F1 News
Latest Vital Boxing News
Write for Vital Football

Recent Sheffield Wednesday Results (view all)

Sheffield Wednesday Fixtures (view all)

Apr 29 2017 3:00PM : Ipswich Town (a)
Sky Bet Championship
May 7 2017 12:00PM : Fulham (H)
Sky Bet Championship

Vital Members League Table

RankNamePoints
1.dooleys left leg4
The Vital Football Members League