Vital Football

Latest Sheffield Wednesday News

Owls Await Hobson Response

Owls Await Hobson Response

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

Win FREE pizza with Vital Football!
Select your team and get 50% off if they score twice.
www.papajohns.co.uk/football
Writer:Nick
Date:Friday September 15 2006
Time: 2:16PM

Best of Vital Network

Login to post a comment

Recent Sheffield Wednesday Articles

He's magic you know … But it's time for Semedo to go

He's magic you know … But it's time for Semedo to go Quite literally, Jose Semedo is a club legend at Sheffield Wednesday!

Vital Match Preview - Wednesday Vs Cardiff City (April 30th)

It's VITAL you read this preview before the BIG match this weekend

Vital Match Comments - Carlos Rallies #swfc Fans!

Carvalhal has urged Wednesdayites to help his players over the line

Match Day Officials - Wednesday Vs Cardiff City

Who's the man in the middle of Wednesday Vs Cardiff?

Archived Vital Wednesday Articles

Vital Wednesday articles from

Site Journalists

Ed Jepson
Editor email
Profile
Josh Alex Caddick
no email
Profile
Greg Pursehouse
no email
Profile

Current Poll (see more polls)

Will Wednesday seal their Playoff Spot against Cardiff?
Suggested By: @JoshAlexCaddick
Yes, have NO fear...89%
No, we always do things the hard way!11%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Middlesbrough 45 26 10 9 88 32
2 Burnley 44 24 15 5 87 33
3 Brighton 44 24 15 5 87 30
4 Hull City 44 23 11 10 80 31
5 Derby County 44 21 14 9 77 24
6 Sheff Wed 44 18 17 9 71 19
7 Cardiff 44 17 16 11 67 8
8 Ipswich 44 16 15 13 63 0
9 Birmingham 45 16 14 15 62 4
10 Brentford 44 17 8 19 59 -2
11 Preston 44 14 16 14 58 -1
12 Leeds Utd 44 14 16 14 58 -7
13 Q.P.R. 44 13 18 13 57 0
14 Wolves 44 13 15 16 54 -6
15 Reading 44 13 13 18 52 -4
16 Huddersfield 44 13 12 19 51 -3
17 Forest 44 12 15 17 51 -5
18 Blackburn 44 11 16 17 49 -3
19 Rotherham 44 13 10 21 49 -13
20 Bristol City 44 12 13 19 49 -20
21 Fulham 44 11 15 18 48 -11
R MK Dons 44 9 12 23 39 -28
R Charlton 44 8 13 23 37 -38
R Bolton 44 4 15 25 27 -40
Latest F1 News
Latest Vital Boxing News

Recent Sheffield Wednesday Results (view all)

Sheffield Wednesday Fixtures (view all)

Apr 30 2016 3:00PM : Cardiff City (H)
Sky Bet Championship
May 7 2016 12:30PM : Wolverhampton Wanderers (a)
Sky Bet Championship

Vital Members League Table

RankNamePoints
1.dooleys left leg8
2.adelaideowl2
3.Fantham's Hairnet1