Date:Thursday July 12 2007
Millionnaire Paul Gregg is the man currently in discussions with Wednesday over a possible takeover of the club, it emerged today.
Gregg, who makes his money through his leisure businesses and was also on the board at Everton recently, has been linked with a move of the Owls since current chairman Dave Allen revealed four parties were interested in investing earlier this year.
Allen revealed that he was hopeful investment of a takeover would be complete before the start of the 2007-08 campaign, with a number of names linked with the Hillsborough club.
And he told The Sheffield Star: 'We have been talking to Paul Gregg since January.
'He is well satisfied with the accounts and knows that the business is in good order. But I can't make him do the deal.'
'It is my firm belief that until 51 per cent of the shares can be got together - which guarantees control - then it's going to be very difficult to make sensible progress.'
But the Owls supremo again brought up the 'stumbling block' of supporters' group Wednesdayite's current shareholding in the club which he says could scupper any potential deal.
'I was hoping that we can get a big investor who will put a lot of money into the club. Paul Gregg is concerned (about the fragmentation of the shares]. That's why I have been trying to get those Wednesdayite shares back.' he added.
Allen also confirmed that he had not been in discussions with Ireland's richest man, Sean Quinn, and also confirmed that the other mystery bidder was Carson Yeung, who is currently in a takeover deal at Birmingham City.
Date:Thursday July 12 2007
Owls XI to visit Frickley Athletic (Monday May 20 2013)
Tigers confirm Wednesday friendly clash (Wednesday May 15 2013)
Owls confirm Scunthorpe friendly date (Wednesday May 15 2013)
Stats: Wednesday v Middlesbrough (Sunday May 5 2013)
Millwall 1-2 Wednesday (Tuesday April 9 2013)
Watford 2-1 Wednesday (Tuesday March 5 2013)
Wednesday 0-0 Wolves (Sunday January 20 2013)
FA Cup: MK Dons 2-0 Wednesday (Tuesday January 15 2013)
FA Cup: Wednesday 0-0 MK Dons (Saturday January 5 2013)
Wednesday 0-2 Burnley (Tuesday January 1 2013)
|5.||dooleys left leg||17|
|Leeds Utd||2||-||1||Sheff Wed|
|18. Sheff Wed||46||16||10||20||-8||58|
» Huddersfield : 24/05/2013 16:36:00
|Cash Strapped Blues Clear Out More Players.
» Birmingham : 24/05/2013 15:42:00
|Boss To Bide His Time Over Keeper Appointment
» Bristol City : 24/05/2013 15:11:00
|Play-off Final: Introducing the Eagles
» Watford : 24/05/2013 14:00:00
|LUFC Austin given a rest in Tottenham draw
» Leeds Utd : 24/05/2013 13:48:00
|New Site Poll: Can O'Driscoll Get City Back Up?
» Bristol City : 24/05/2013 13:11:00
|LUFC On This Day - 24th May
» Leeds Utd : 24/05/2013 13:05:00