UK time is: 00:49:45
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

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




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!


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

The Journalist

Writer: Nick Mail feedback, articles or suggestions

Date:Monday November 20 2006

Time: 5:29PM

Your Comments

No strings, but not entirely unconditional... how can this be? More in our forum.
Auckland Owl
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
 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Sheffield Wednesday Articles

Owls sign former Real Madrid midfielder (Monday September 1 2014)

Owls handed Manchester City cup clash (Thursday August 28 2014)

Wednesday await League Cup draw (Wednesday August 27 2014)

Gray: Owls good value for cup triumph (Wednesday August 27 2014)

Report: Burnley 0-1 Wednesday (Wednesday August 27 2014)

Owls out to maintain momentum in cup (Tuesday August 26 2014)

Gray: Owls searching for Boro win (Friday August 22 2014)

International call-up for Owls stopper (Thursday August 21 2014)

Gray frustrated by Millwall late show (Wednesday August 20 2014)

Archived Sheffield Wednesday Articles

List All Vital Wednesday Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

League Results (view all)

League Table (view table)

Team P W D L GD Pts
7. Derby County 5 2 2 1 4 8
8. Brentford 5 2 2 1 2 8
9. Cardiff 5 2 2 1 2 8
10. Sheff Wed 5 2 2 1 1 8
11. Bournemouth 5 2 1 2 3 7
12. Wigan 5 2 1 2 3 7
13. Brighton 5 2 1 2 1 7

Breaking League News

Watford Appoint Garcia As Head Coach
Watford : 02/09/2014 22:51:00
LUFC Leeds Summer Transfer Rumours - Round-Up
Leeds Utd : 02/09/2014 20:52:00
LUFC Smith surprised by Leeds exit
Leeds Utd : 02/09/2014 19:55:00
No issues for keeper
Middlesbrough : 02/09/2014 19:53:00
M&M Ready To Resist All Temptation
Ipswich : 02/09/2014 19:31:00

Current Site Poll (view all polls)

How Will Wednesday do this season?
Suggested By:  
Top 2 20%
Play-offs 23%
Mid-table 50%
Relegation scrap 6%
Relegated 1%