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

More Reliable Than A Championship Octopus? (24/4/17)

Time for the new special computer that crunches the numbers to determine the final Championship positions for 2016/17.

Twitter Reactions: Owls End Rams' Run

We look at the latest Twitter reaction following the Owls' 2-1 over Derby.

Vital Match Reaction - Fletcher States Owls Have Momentum

Fletcher focused on Owls going again to earn a high Championship finish!

Vital Match Reaction - Bullen Praise All Of Owls Team

#TeamOwls for Bullen as he focused praise on the unit not an individual after beating Rams

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)

Who'll miss out on the Playoffs?
Suggested By: Vital Wednesday
Leeds94%
Reading0%
Fulham6%
Wednesday0%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
P Brighton 44 28 8 8 92 35
P Newcastle 44 27 7 10 88 40
3 Reading 44 24 7 13 79 1
4 Sheff Wed 44 23 9 12 78 15
5 Huddersfield 43 24 6 13 78 2
6 Fulham 44 21 13 10 76 27
7 Leeds Utd 44 22 7 15 73 14
8 Norwich 44 19 9 16 66 12
9 Brentford 44 18 9 17 63 12
10 Derby County 44 17 12 15 63 2
11 Preston 44 16 13 15 61 2
12 Aston Villa 44 16 13 15 61 0
13 Cardiff 44 16 11 17 59 -2
14 Barnsley 44 15 12 17 57 0
15 Wolves 43 15 10 18 55 -2
16 Ipswich 44 13 16 15 55 -6
17 Bristol City 44 14 9 21 51 -6
18 Burton 44 13 12 19 51 -12
19 Q.P.R. 44 14 8 22 50 -12
20 Forest 44 13 9 22 48 -11
21 Birmingham 44 11 14 19 47 -22
22 Blackburn 44 10 15 19 45 -15
23 Wigan 44 10 11 23 41 -16
R Rotherham 44 5 6 33 21 -58
Vital Football Comment
Latest F1 News
Latest Vital Boxing News
Write for Vital Football

Recent Sheffield Wednesday Results (view all)

Sheffield Wednesday Fixtures (view all)

Apr 29 2017 3:00PM : Ipswich Town (a)
Sky Bet Championship
May 7 2017 12:00PM : Fulham (H)
Sky Bet Championship

Vital Members League Table

RankNamePoints
1.dooleys left leg4
The Vital Football Members League