Vital Football

Latest Sheffield Wednesday News

Owls Offered No-Strings £1m

Owls Offered No-Strings £1m

The Jersey-based consortium, led by Owls fan Dennis Hobson, interested in investing in Wednesday have made contact with the club with regards to providing £1 million in a no-strings attached deal.

The consortium are responding to comments at the recent AGM made by current Owls chairman Dave Allen that the club would not accept any 'donations' unless there were no strings attached, following fans group 'Wednesdayite' recent offer.

And Allen promised to give Wednesday boss Brian Laws £500,000 if Wednesdayite handed over their shareholding in the club which was originally gifted to them by the Owls chairman - but the offer looks set to be rejected by the fans group leaving the possibility of bringing fresh players to the club in doubt.

In a letter to the club issued today, the consortium reveal the offer is made on 'a no strings basis as to where the Board spends the money' and is an offer of good faith while the group consider a bid to take control of the reigns at S6.

The group also revealed they would be hard at work preparing detailed proposals regarding a takeover of the club, which could take up to four months, in response to Allen's four questions which he insisted need to be answered for any bid to be considered.

They went on to say that intend to involve as many fans as possible in their plans and 'to provides the funds to enable a return to the Premiership and an ownership and management structure that provides long term stability which is not dependent on any single individual or group.'

The group are awaiting a response from the club.

Want to have YOUR say on YOUR club? Enter the debate NOW by joining the official Vital Sheffield Wednesday forums - CLICK HERE


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

Writer:Nick
Date:Monday November 20 2006
Time: 5:29PM

Best of Vital Network

Vital Boxing - Can Crolla Beat Linares?

Comments

0
No strings, but not entirely unconditional... how can this be? More in our forum.
Auckland Owl
20/11/2006 18:56:00
0
No strings attached? So does that mean Allen could well pocket it and give Laws a small chunk for a player where the fee will be 'undisclosed' again?
welshyowl
21/11/2006 11:18:00
Page 1/1
  1. 1

Login to post a comment

Recent Sheffield Wednesday Articles

Vital Match Preview - Wednesday at Brentford (August 27th)

Everything (and more!) that you need to know ahead of the Owls trip to West London to face Brentford

Comments & Audio - Fletcher ahead of Owls trip to Brentford

Full comments and audio from Steven Fletcher ahead of the Owls Vs the Bees

Match Day Officials - Wednesday at Brentford (August 27th)

Who's the man in the middle for the Owls at the Bees?

Audio and Comments as Carlos Previews Owls At Brentford

Poor form must end says Carvalhal as he calls for Owls players 'Heart and Soul'

Archived Vital Wednesday Articles

Vital Wednesday articles from

Site Journalists

Ed Jepson
Editor email
Profile
Greg Pursehouse
no email
Profile
Tom Sellers
no email
Profile

Current Poll (see more polls)

Outcome of Wednesday At Brentford?
Suggested By: Vital Wednesday
Brentford Win44%
Draw14%
Wednesday Win42%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Huddersfield 5 4 1 0 13 4
2 Fulham 5 3 2 0 11 3
3 Barnsley 5 3 0 2 9 4
4 Newcastle 5 3 0 2 9 4
5 Q.P.R. 5 3 0 2 9 3
6 Bristol City 5 3 0 2 9 2
7 Forest 5 3 0 2 9 0
8 Brighton 5 2 2 1 8 4
9 Wolves 5 2 2 1 8 3
10 Birmingham 5 2 2 1 8 2
11 Ipswich 5 2 2 1 8 1
12 Norwich 5 2 2 1 8 1
13 Burton 5 2 1 2 7 1
14 Brentford 5 2 1 2 7 1
15 Reading 5 2 1 2 7 -3
16 Aston Villa 5 1 2 2 5 0
17 Cardiff 5 1 2 2 5 -2
18 Derby County 5 1 2 2 5 -2
19 Sheff Wed 5 1 2 2 5 -3
20 Wigan 5 1 1 3 4 0
21 Leeds Utd 5 1 1 3 4 -4
22 Rotherham 5 1 1 3 4 -9
23 Preston 5 1 0 4 3 -2
24 Blackburn 5 0 1 4 1 -8
Latest F1 News
Latest Vital Boxing News

Recent Sheffield Wednesday Results (view all)

Sheffield Wednesday Fixtures (view all)

Vital Members League Table

RankNamePoints
1.OurMaurice9
2.dooleys left leg5
3.Ron Springett saves2
4.brinsworthowl2