Vital Football

Latest Sheffield Wednesday News

Owls Set For Takeover Talks

Owls Set For Takeover Talks

Owls Chairman Dave Allen is set to open talks with a multi-millionaire foreign casino-owner later the month - and will offer the businessman the chance to buy the club according to reports.

The news comes out of the blue for most Wednesday fans after Allen previously rejected approaches for the club from now-Leeds United chairman Ken Bates and boxing promoter Dennis Hobson and his consortium.

And Allen told the Sheffield Star he wants a 'Roman Abramovich' type man at the Hillsborough helm.

'We are not looking for small-time people, we are looking for a mega-rich businessman like Roman Abramovich at Chelsea who wants to buy a football club for a hobby. 'Bob (Grierson) and I have been talking to interested parties and I shall be speaking again to someone from overseas in the third week of January.' Allen told the Star.

And of the mysterious casino-owner, Allen added: 'This man has made money from casinos overseas and has vast wealth. At the moment things are at a very sensitive stage but someone like that on board would really help the club.'

Allen has insisted that any potential buyer would require £25 million to buy control of the club - and has previously insisted that the Owls are not an attractive offer to potential buyers in their current state.

And he revealed that the current board would need to reach the 51 per cent mark to gain total control of the club to make the sale of the Owls a more attractive offer.

'There are one or two people interested in investing in the club but we have to have 51 per cent of the shares to be able to sell it on. I have been buying up shares and I will continue to do so. We need to reach that 51 per cent.' he continued.


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

Writer:Nick
Date:Thursday January 4 2007
Time: 9:19AM

Comments

0
I hope its true champions league here we come!!!!
owlmad
04/01/2007 18:51:00
0
Let's hope Allen gives him the access he needs to get the full picture.
Auckland Owl
04/01/2007 19:36:00
0
Surely if its Allen who's inviting him to invest then he will do all possible to allow him to, right?
spirtySWFC
04/01/2007 20:03:00
0
you wud think so, would like to know who this mystery man is.....
100%owl
06/01/2007 01:57:00
Page 1/1
  1. 1

Login to post a comment

Recent Sheffield Wednesday Articles

FA Cup Ball Numbers Known (3/12/16)

With FA Cup second round ties taking place this weekend, the ball numbers for the third round draw of the competition have now been allocated.

Match Officials For Wednesday Vs PNE (Dec 3rd)

All you need to know about the man in the middle of the Owls Vs the Lilywhites

Audio & Comments - Carlos Ahead Of Clash Against Preston

Lots of love towards Owls fans from Carlos ahead of PNE clash

500,000+ Season Tickets Sold In 2016/17

More than 500,000 Season Tickets were sold in the Football League pyramid for the 2016/17 season.

Archived Vital Wednesday Articles

Vital Wednesday articles from

Site Journalists

Ed Jepson
Editor email
Profile
Tom Sellers
no email
Profile

Current Poll (see more polls)

Outcome of Wednesday Vs PNE?
Suggested By: Vital Wednesday
Wednesday Win100%
Draw0%
Preston Win0%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Newcastle 19 13 1 5 40 21
2 Brighton 18 11 5 2 38 17
3 Reading 18 10 4 4 34 6
4 Birmingham 18 8 7 3 31 5
5 Leeds Utd 18 9 2 7 29 1
6 Huddersfield 18 9 2 7 29 -3
7 Sheff Wed 18 8 4 6 28 0
8 Norwich 18 8 3 7 27 -1
9 Derby County 18 7 5 6 26 3
10 Fulham 18 6 7 5 25 4
11 Aston Villa 18 5 10 3 25 3
12 Preston 18 7 4 7 25 2
13 Forest 19 7 4 8 25 1
14 Bristol City 18 7 3 8 24 2
15 Ipswich 18 6 6 6 24 0
16 Q.P.R. 19 6 5 8 23 -8
17 Brentford 18 6 4 8 22 3
18 Barnsley 18 6 4 8 22 0
19 Wolves 19 5 6 8 21 -3
20 Burton 18 4 7 7 19 -5
21 Blackburn 18 5 4 9 19 -7
22 Wigan 18 4 6 8 18 -4
23 Cardiff 18 5 3 10 18 -12
24 Rotherham 18 1 4 13 7 -25
The Vital Football Members League
Latest F1 News
Latest Vital Boxing News
Vital Football Comment

Recent Sheffield Wednesday Results (view all)

Sheffield Wednesday Fixtures (view all)

Dec 3 2016 3:00PM : Preston North End (H)
Sky Bet Championship
Dec 10 2016 3:00PM : Reading (a)
Sky Bet Championship
Dec 13 2016 7:45PM : Barnsley (H)
Sky Bet Championship
Dec 17 2016 3:00PM : Rotherham United (H)
Sky Bet Championship
Dec 26 2016 7:45PM : Newcastle United (a)
Sky Bet Championship
Dec 31 2016 3:00PM : Preston North End (a)
Sky Bet Championship

Vital Members League Table

RankNamePoints
1.dooleys left leg2
Write for Vital Football