Date:Friday September 15 2006
A consortium led by boxing promoter and Owls fan Dennis Hobson has made contact with Wednesday about possible investment in the club - and the ball is back in their court after the Owls responded.
The Jersey-based consortium, believed to include Dennis Hobson and his brother along with a number of Wednesday fans and businessmen, announced their interest in becoming involved with the club on BBC Radio Sheffield last month but news of an investment or takeover plan at S6 has remained quiet.
But it now appears the ball is currently back in Hobson's court after the club revealed they responded to the consortium's written proposals recently.
Talking on the requirements any potential investor would need to meet should they want to pursue their interest in the club further, Owls' chief executing Kaven Walker told the Sheffield Star: 'One: Is it their intention to purchase the shares held by the directors? Two: is it their intention to reduce the loans made by the directors? Three: is it their intention to reduce the debt to the bank? Four: do they have the funds to take the club forward?'
The news is at least a step forward from the last time details of the proposed bid hit the media, with Dennis Hobson revealing to the Yorkshire Post his consortium look set to hit a brick wall with their proposals.
He said: 'We have tried to make an approach and said we want to sit down and meet them. But they just sent us a letter asking where our information had come from that the club needed help.
'But to move forward we need to see the state of the club. It is okay someone saying 'well, how much are you thinking of putting in?' but we need to know what the true situation is so we can put a rescue package together.'
To have YOUR say on Dennis Hobson, Dave Allen and the current takeover bid, enter the official Vital Sheffield Wednesday forums by CLICKING HERE
Date:Friday September 15 2006
Hutchinson in-line for Owls return at Ipswich (Sunday September 28 2014)
Gray hopeful over Lees injury setback (Sunday September 28 2014)
Report: Cardiff 2-1 Wednesday (Sunday September 28 2014)
Gray: Owls will bounce back from cup woe (Thursday September 25 2014)
Report: City 7-0 Wednesday (Thursday September 25 2014)
Wednesday 1-0 Reading (Sunday September 21 2014)
Bumper crowd set for Reading clash (Friday September 19 2014)
Birmingham 0-2 Wednesday (Tuesday September 16 2014)
Owls sign former Real Madrid midfielder (Monday September 1 2014)
Owls handed Manchester City cup clash (Thursday August 28 2014)
|Sheff Wed||0||-||0||Derby County|
|9. Sheff Wed||10||4||4||2||3||16|
|Fulham v Bolton - The Stats!
» Fulham : 01/10/2014 17:02:00
|LUFC Rotherham United (a) - Ticket Information
» Leeds Utd : 01/10/2014 16:55:00
|LUFC Leeds a decent price to defeat the royals
» Leeds Utd : 01/10/2014 16:37:00
|Jonny On The Spot Saves Town's Blushes
» Ipswich : 01/10/2014 16:28:00
|What The Bosses Said - Latics 0 Forest 0
» Wigan : 01/10/2014 15:01:00