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Takeover Talk Continues

Wednesday chief executive Kaven Walker has revealed to Radio Sheffield today that the Owls are currently in negotiations with a group bidding to takeover the club.

The Owls have long been linked with a takeover bid and Wednesday fans are expecting some news before the start of the 2007-08 campaign after club chairman Dave Allen revealed he hoped for a deal to be done before the new campaign kicks-off in August.

But it wouldn't be the first time the Owls have confirmed talks with parties interested in investing or taking over the club, after a Chinese consortium arrived to look around Hillsborough earlier this year.

Takeover talk has muted since then, but Wednesday now appear to be in negotiations with an interested party, although little can be said on the personnel and money involved in the deal according to the Owls chief executive.

Paul Gregg and Irish billionaire Sean Quinn have been the latest names linked with Wednesday, and could well be the group in discussions over a takeover bid at S6 at present.

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Writer: Nick

Date:Wednesday July 11 2007

Time: 9:51AM

Your Comments

please be true!!! we need rid of dave allen now!!!

FUTURES BLUE N WHITE

Not before time!!. The rate we're going, we will not have any good players left by the start of the season!. ALLEN OUT NOW

swfcjambo

i'd like to take this opportunity to remind people we haven't actually lost any of our best players at the moment

wednesday4europe

We lost bougherra in January!!

FUTURES BLUE N WHITE

Let hope that the negotiations end sussesfully very soon!

Nightowl

i'll not hold my breath. chairman allen is traditionally very difficult to budge, especially as he's making a nice little earner with all the interest he charges on his 'generous' loans. allegedly. wednesdayforeurope - i'd say macca (our joint top scorer last season) was arguably one of our better players. we're certainly a poorer team without him.

matthewnicoll

Simek, Brunt, Whelan possibly on the way, Macca gone, Bougerra gone, who next? DAVE ALLEN please!!!!

swfcjambo

I want a takeover so much. I am not in the Allen Out brigade, because he has steadied the ship over last 12 months, and maybe there are signs we are coming through a bad patch, but there is only so much he can do, and i hope that eventually a sugar daddy will come and take us to the next level.

haxeyowl

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