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Deputy PM Calls For Owls Resolution

Deputy PM Calls For Owls Resolution

Deputy Prime Minister Nick Clegg has welcomed today's news of a 28-day adjournment, but has warned that there is still plenty to do to secure Wednesday's future.

Sheffield Hallam MP Clegg has been in discussions with the club and the Co-operative Bank, the club's major creditors, recently with a view to secure the Owls' long-term stability.

And the leader of the Liberal Democrats has promised to continue to offer help to all parties involved in bringing about a takeover and new ownership in the Owls over the next four-week window.

'Today's adjournment is welcome news for Sheffield Wednesday and will hopefully give the club the time it needs to attract the required investment,' he told Sky Sports.

'It is, however, only a stay of execution and much more needs to be done to safeguard the long-term future of this wonderful football club.'

He continued: 'I have been in regular contact with both the club and the bank over the last few days and I know how hard everyone is working to find a way forward.

'I will continue to help all parties in any way I can to find a workable solution to the club's plight.

'I know how much Sheffield Wednesday means to the fans and the city itself and a successful long-term solution must now be found.'

It's understood that Clegg was in long talks with the Co-op Bank to try and convince them to give Wednesday more time to find a suitable buyer and complete a takeover.

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

Writer:Nick
Date:Wednesday November 17 2010
Time: 7:32PM

Comments

0
If only you could have been as supportive of Sheffield Forgemasters, Clegg. But then you don't actually have to stump up any money for Wednesday, do you, so it's easy to puff yourself up and state how important the club is to the city.
Auckland Owl
17/11/2010 20:16:00
0
I think its great that nick clegg has lent a helping hand. cheers nick!
owlswfc
17/11/2010 20:32:00
0
I'll second that. Had he not done so today i think we would most cetainly put into administration by co-op bank. HMRC most certainly wanted to intigate that winding up order. Some local people are grateful for your input Nick (clegg). Nick Parker was visibly distressed by todays actions and I'm sure will be pleased when its all sorted and Wednesdays future is asssured.
tarnyowl
17/11/2010 21:00:00
0
Why cannot Stratford buy the club.He is said to be worth £68 million from the sale of Plus Net,so he is Wednesday through and through and in his blood.Surley he wont let us sink,plus he left owing nothing so whats the hold up instead of waiting for others to show the cash.
garrymo
18/11/2010 13:56:00
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