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.