UK time is: 00:39:01
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

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

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.'




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:Wednesday February 7 2007

Time: 11:28AM

Your Comments

Here we go again!
newman87
Seems that way. Can't he just keep quiet until something concrete happens?
nickswfc
Wake me up when it's all over and done with, will you? :)
Auckland Owl
 

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

Owls sign former Real Madrid midfielder
Sheff Wed : 01/09/2014 23:48:00
RUFC - Luciano Can Score Goals
Rotherham : 01/09/2014 23:37:00
Defender moves on loan
Middlesbrough : 01/09/2014 23:22:00
RUFC - Argentinian Signs In!
Rotherham : 01/09/2014 23:21:00
Rovers Complete Late Double
Blackburn : 01/09/2014 23:19:00

Current Site Poll (view all polls)

How Will Wednesday do this season?
Suggested By:  
Top 2 20%
Play-offs 23%
Mid-table 51%
Relegation scrap 5%
Relegated 1%