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Owls Takeover - No Deal

Owls Takeover - No Deal

Well the press conference that Wednesday fans were waiting for has happened, but it's not the news we were waiting for...

Or was it news at all?

We were all (well, most of us) expecting some good news on the takeover front at Hillsborough after chairman Dave Allen revealed that he was in discussions with former Everton director Paul Gregg earlier this week.

But instead, Allen came out and blamed fans group Wednesdayite for the collapse of the proposed takeover, after the group failed to agree to sell their 10 per cent-plus shareholding in the club to make the takeover more manageable.

And the Owls supremo had some harsh words for Owls fans, saying in a statement today: 'I would suggest the majority of fans get together and sort the minority out.'

So it looks as though the gap has widened between Wednesdayite and the Owls board, and any hope of a takeover in the not too distant future has been ended.

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Date:Friday July 20 2007
Time: 3:26PM


Wasn't it Allen who gifted the group the shares in the first place and now when it suits him he wants them back. Just shows what a numpty he is!!!!
20/07/2007 15:50:00
20/07/2007 15:51:00
What a sham - Why is 10% of the shares going to make any difference? Why doesn't Allen concentrate on acquiring the other "missing" 40% of shares from people that never use vote at AGM's? He could end up with 70% then!.
20/07/2007 16:05:00
It's embarassing and a total discrace!
will it ever happen
20/07/2007 16:37:00
20/07/2007 17:26:00
Yep to all the above. At the minute I feel that SWFC is a very bad punch line to a long and not particularly funny joke..... I've got one for ya, Question: How many people does it take to buy out SWFC? Answer: None - they've got no F***ING chance with Allen as chairman... HA F***ING HA....
20/07/2007 18:23:00
What is the biggest disgrace is that Mr Allen and is cronies on the board are trying to divide the fans, between the fans who are not members of Wednesdayites and those that are, SHAME ON YOU ALLEN! To the Wednesday fan that are calling for Wednesdayite to give back the share too Allen, do not buy into the boards Bull S***.
20/07/2007 18:34:00
Come on, see sense. No one is going to invest millions in a business if they haven't got control. Whether its with Wednesdayites shares or someone elses, until someone holds 51% of the shares, there will be no investment. Surely its time for all the principal shareholders to come together to agree a way forward and to stop having public slanging matches
20/07/2007 18:42:00
You can't blame the board. Its those nasty fans. Mr Allen is right, the club would be much better of if it didn't have any.
20/07/2007 19:08:00
Thanks wednesday*****e !!!! Forget all this Dave Allen slagging that is going on. Mr Gregg wanted to buy a large stake through Dave Allen, and these shares that Mr Allen "GAVE" to Wednesday*****e should be returned for free so this deal can go through.
20/07/2007 19:10:00
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