Vital Football

Latest Sheffield Wednesday News

Four Investors In For Owls

Four Investors In For Owls

Wednesday chairman Dave Allen has revealed he is in talks with four parties interested in investing in the Owls - with club ownership set to be resolved in the summer.

Allen revealed last month that he was in discussions with a 'wealthy casino owner' about investing in the club, but there now seem to be four interested parties currently in discussions with the board.

'We are having discussions with four different parties; three of them are from overseas,' Allen told the Sheffield Star.

'It depends on the circumstances of the deal. One of the four would be doing a deal in which I would stay and probably contribute as well. There is a lot of water to go under the bridge. I think that by the start of the season it will all be resolved.'

But Allen has still insisted that the ten per cent shareholding from fans group Wednesdayite could well be a stumbling block in any possible takeover at S6.

He said: 'I see that Wednesdayite have said they're only too willing to sit down and talk to any investor; well, no-one who's going to put a lot of money into the club is going to sit down and talk with them; it's something that comes into every discussion that we have with new people.'

The Owls will undergo an EGM early this month after calling one in January to discuss the current financial problems at Hillsborough.

And many Owls fans have suggested the only way forward for the club is investment, with the Owls chairman receiving abuse from the stands, and in writing to the club - abuse which could see him play no further part in the Wednesday boardroom.

He continued: 'I am not comfortable with the verbal and written abuse I have taken, for making the right decisions that have taken the club forward. I was the one who fought off Ken Bates - and look what's happened at Leeds.'


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

Writer:Nick
Date:Wednesday February 7 2007
Time: 11:28AM

Comments

0
Here we go again!
newman87
07/02/2007 11:52:00
0
Seems that way. Can't he just keep quiet until something concrete happens?
nickswfc
07/02/2007 21:21:00
0
Wake me up when it's all over and done with, will you? :)
Auckland Owl
07/02/2007 22:34:00
Page 1/1
  1. 1

Login to post a comment

Recent Sheffield Wednesday Articles

Video - Highlights and Celebrations as Owls beat Birmingham

Just enjoy!

Audio - Bullen's and Nuhiu's Reaction after win at BCFC

Audio comments from Lee Bullen and Atdhe Nuhiu after Wednesday win in Birmingham...

Wednesday win over Birmingham return Owls to Playoff places

Wednesday returned from the Midlands with all three-points after a hard fought victory over fellow Championship playoff chasers Birmingham City. Two Gary Hooper goals reversed a Clayton Donaldson open

Wednesday Win at Birmingham - Fans View!

Vital Wednesday writer Charlie Trueman-Smith reacts to a vital win at St Andrews....

Archived Vital Wednesday Articles

Vital Wednesday articles from

Site Journalists

Ed Jepson
Profile
Josh Alex Caddick
Profile
Greg Pursehouse
Profile

Current Poll (see more polls)

Can Wednesday maintain their Championship form?
Suggested By: Vital Wednesday
Yes93%
No7%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Hull City 29 17 5 7 56 26
2 Middlesbrough 28 17 5 6 56 23
3 Burnley 30 15 10 5 55 22
4 Brighton 29 14 11 4 53 9
5 Derby County 30 13 12 5 51 14
6 Sheff Wed 30 13 11 6 50 12
7 Ipswich 30 13 9 8 48 2
8 Birmingham 30 13 8 9 47 8
9 Cardiff 30 11 12 7 45 5
10 Forest 30 10 12 8 42 6
11 Wolves 30 10 10 10 40 -1
12 Brentford 30 11 7 12 40 -2
13 Q.P.R. 30 9 12 9 39 1
14 Preston 30 9 12 9 39 -1
15 Reading 30 9 9 12 36 0
16 Leeds Utd 30 8 12 10 36 -5
17 Huddersfield 30 8 8 14 32 -4
18 Blackburn 28 6 13 9 31 0
19 Fulham 29 6 11 12 29 -5
20 Bristol City 30 6 10 14 28 -22
21 MK Dons 29 7 6 16 27 -18
22 Rotherham 30 7 4 19 25 -19
23 Bolton 30 4 12 14 24 -21
24 Charlton 30 5 9 16 24 -30
Latest F1 News
Latest Vital Boxing News

Sheffield Wednesday Fixtures (view all)

Feb 13 2016 3:00PM : Brentford (H)
Sky Bet Championship
Feb 20 2016 3:00PM : Preston North End (a)
Sky Bet Championship
Feb 23 2016 7:45PM : Queens Park Rangers (H)
Sky Bet Championship
Feb 26 2016 7:45PM : Hull City (a)
Sky Bet Championship
Mar 5 2016 3:00PM : Rotherham United (H)
Sky Bet Championship
Mar 8 2016 7:45PM : Brighton & Hove Albion (a)
Sky Bet Championship

Recent Sheffield Wednesday Results (view all)

Vital Members League Table

RankNamePoints
1.dooleys left leg3
2.@mwoodjnr2
3.swfcjambo1