UK time is: 03:57:00
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 out to improve Hillsborough form (Wednesday October 22 2014)

Gray pleased with Brentford point (Wednesday October 22 2014)

Owls youngster makes England U20 squad (Thursday October 2 2014)

Gray hopeful over Lees injury setback (Sunday September 28 2014)

Report: Cardiff 2-1 Wednesday (Sunday September 28 2014)

Gray: Owls will bounce back from cup woe (Thursday September 25 2014)

Report: City 7-0 Wednesday (Thursday September 25 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
10. Cardiff 13 5 4 4 2 19
11. Blackburn 13 5 4 4 -1 19
12. Brentford 13 5 4 4 -1 19
13. Sheff Wed 13 4 6 3 0 18
14. Rotherham 13 4 4 5 -3 16
15. Leeds Utd 13 4 4 5 -3 16
16. Huddersfield 13 4 4 5 -6 16

Breaking League News

The Reds unbolt the Trotters.
Charlton : 22/10/2014 23:06:00
LUFC Who should replace Doukara in attack?
Leeds Utd : 22/10/2014 21:26:00
LUFC Cellino backs defender in race row
Leeds Utd : 22/10/2014 20:50:00
LUFC Young defender wants a run in the side
Leeds Utd : 22/10/2014 20:33:00
Brentford vs Sheffield Wednesday Match Review
Brentford : 22/10/2014 20:29:00

Current Site Poll (view all polls)

How Will Wednesday do this season?
Suggested By:  
Top 2 15%
Play-offs 27%
Mid-table 49%
Relegation scrap 8%
Relegated 1%