UK time is: 17:42:13
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

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

Interest Grows In Owls Takeover

Dave Allen only vacated the chairman's hotseat at S6 a week ago but the good news for Wednesday fans is that there are already a number of investors interested in the club.

Former West Brom chairman Paul Thompson is the latest name to be thrown in the hat, the founder of software company Sanderson who sponsored the Owls for numerous years during the 90's.

And the former West Brom chairman and Southampton director is said to be weighing up his options for a takeover of the club in the coming weeks.

But should 55-year-old Thompson follow up his interest in Wednesday, he could face some stiff competition for the ownership with Wednesday fan Dennus Hobson and his Jersey-based consortium still showing an interest in the club.

The consortium, led by boxing promoter Hobson, had shown previous interest in investing in the Owls' during the reign of Allen as chairman, but had always seen their approaches knocked back.

But Allen's departure could well pave a new approach from the group, who are as keen as ever to get on board at Hillsborough and steer the Owls to greater things.

Allen is thought to be wanting to sell his current 10 per cent shareholding in the club, while the Shareholders Association and Wednesdayite are also willing to sell by combining their shareholding should the right investor come along.




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!

The Journalist

Writer: Nick Mail feedback, articles or suggestions

Date:Friday November 30 2007

Time: 11:05AM

Your Comments

It's going to be rumour after rumour until someone actually signs on the dotted line, until then it's going to name after name after name!!
will it ever happen
Lets hope we have some investment before the january window closes......
swfcjambo
some investmen in new players would be good regardless of who takes over
s66owl
wish some one would just use there head and get two or three of possible investors money together and buy the lot yueng/hobson/thompson all with 33% and then there would be sum money leftover for players
mick66owl
Have to be careful, don't want a situation like Birmingham or Coventry! Hopefully someone will come in asap who can invest some real money and take us forward.
NicNac
how much do you need, transfer kitty wise?
StevieG Col U
How long's a piece of string? :D 10 million would be nice for transfers, more to increase wages so we can attract more/better players and then more to pay off some/most/all of the debt....
NicNac
Mick66owl Nice idea, but most people are not interested in putting their money into a debt ridden business and then having no guaranteed say in how the company is run and no guaranteed control over what happens to their investment (which would be the case with a 33% share in fact it would be much less than 33% unless you can convince ALL shareholders to sell which means you might actually end up with only 33% of 51% = 17%)
DB2002
I AGREE DB BUT ANYTING IS BETTER THAN WHATS HAPPENING NOW SURELY
mick66owl
whats the rush?? we're doing fine at the moment, we have a good squad and the players are getting te results. There's no crisis!! Although if Abramovich came knocking i'd love it
Norman
laws was on footy heaven and he doesnt know whats happening so he must surely be thinking what next. for me sooner the better lets get it sorted
mick66owl
Here we go again. Why do you people start panicing over nothing? IF an investor comes in within the next few months then lets see what he or she has to offer. If nobody comes then it isn't the end of the world. We have survived in our current financial state for years, so it isn't like we are going to go bust or go into administration - like some of you doom and gloom merchants would like to see. The next move we make is exceptionally important and should be considered one of the most decisive decisions SWFC will make in our recent history. We need to look at the big picture and our long term strategy is more important than the short term. The person who controls the club is as important as the money that they bring with them, and we do not want some fake import who knows nothing about the game or our clubs' history selling us up the Yangtze.
Smurf
we have been looking at the wider picture for years and look were thats got us KNOWBLOODYWHERE. although i agree with you it has to be in the best interests of the clubs financial and playing situtation. it has to be the right decision this time or it could be the end
mick66owl
BREAKING THE LAWS BARMY ARMY
mick66owl
Mick, I understand why you think that by looking at the big picture we have got nowhere, but if we hadn't have cut back we may not have had a football club at all. Love him or loath him, Dave Allen brought the stability we needed by reducing our operating costs, and that has got us to where we are now.
Smurf
The future's bright - The future's orange! (but after today, not blue abnd white!! 1-2 colchester
swfcjambo
Gladf we won, good luck for the rest of the season. Ops, I posted here!!
Matt_Us
Why thank you for your support matt!!
will it ever happen
there is cut backs smurf then there is what allen has done as you say cut backs had to be done but it was the way they were done that set most against him. it was just little things he did like knocking you 10% discount down to 5% in club shop. as if that were goin to help. id away cards anotha. photos on season tickets to stop you goin in wrong part of ground he only needed different coloured tickets and proper gate men
mick66owl
,
mick66owl
theres been nothing on this front for acouple of days anybody heard anything
mick66owl
well its all gone quiet over ther ant it at hilsbora hopefully its a good sign
mick66owl
 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Sheffield Wednesday Articles

Owls sign Watford's McGugan on loan (Wednesday November 19 2014)

Madine joins Coventry City on loan (Thursday October 30 2014)

Westwood called up to Ireland squad (Wednesday October 29 2014)

Everton recall Hope from Owls loan (Wednesday October 29 2014)

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)

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. Norwich 17 7 5 5 6 26
11. Forest 17 6 7 4 3 25
12. Cardiff 17 6 5 6 0 23
13. Sheff Wed 17 4 9 4 -2 21
14. Reading 17 6 3 8 -5 21
15. Leeds Utd 17 5 5 7 -4 20
16. Huddersfield 17 5 5 7 -6 20

Breaking League News

Holloway Looks To Plan B
Millwall : 21/11/2014 16:52:00
Bassong: Things Can Go Up And Down
Norwich : 21/11/2014 16:47:00
Fenelon Heads To Tranmere
Brighton : 21/11/2014 16:39:00
Hyypia - Leave The Thinking To Me
Brighton : 21/11/2014 16:36:00
Is This Where The Wheels Come Off?
Ipswich : 21/11/2014 15:38:00

Current Site Poll (view all polls)

How Will Wednesday do this season?
Suggested By:  
Top 2 14%
Play-offs 26%
Mid-table 51%
Relegation scrap 8%
Relegated 1%