UK time is: 12:32:30
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

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

Owls Investment Talks Ongoing

The Owls board have revealed that talks with a potential investor are at an 'advanced' stage and talks are currently ongoing.

The financial future of the club was thrown up in the air last month when chairman and board member Dave Allen resigned from both positions, hinting rumours of the club going in to administration.

But the current board acted swiftly to deny the claims, and have now revealed that they're currently in advanced talks with a potential investor.

And board member Geoff Hulley revealed to the Sheffield Star that the fans would have more news on the matter as soon as possible.

'We are speaking, and it is getting quite advanced,' he said.

'But with anything like this, there has to be some secrecy. It is a sensitive issue.

'We have to ensure that whatever we do is the right thing for the club, currently and in the long term. It has to be worked out properly.

'As soon as we are able to give any details, the fans and shareholders will be the first to be informed. We do have everybody's interests at heart, particularly the club's.'

Boxing promoter and die-hard Wednesday fan Dennis Hobson and his Jersey consortium are rumoured to have renewed their interest following the resignation of Allen, but the Owls board are yet to give any clues as to the potential investor, and whether the deal would be a full takeover or an investment.




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:Tuesday December 18 2007

Time: 9:50AM

Your Comments (oldest first)

Change to most recent first
Ken Cooke claimed that the board were not in talks with anyone. Kaven Walker yesterday told Radio Sheffield that they were in talks with someone, but refused to comment when told what KC had said..... Sounds like left arm doesn't know what right arm is doing!
swfcjambo
Report Abuse
18/12/2007 10:33:00

please sort before january!
mansfieldowl
Report Abuse
18/12/2007 10:34:00

It's a total shambles at the moment and some heads need to be banged together!! Get it sorted!!
will it ever happen
Report Abuse
18/12/2007 11:40:00

i am up for banging some bloody heads together . total shambles comes to mind. but they arent telling us nothing we didnt already no are they and piddle up in a brewery comes to mind
mick66owl
Report Abuse
18/12/2007 15:14:00

Ok I can reveal publicly for the first time, I'm the investor, I offered them $12SG and talks are ongoing :)
Placebo
Report Abuse
18/12/2007 15:50:00

as much as that placebo
mick66owl
Report Abuse
18/12/2007 19:08:00

I would rather they just keep their gobs shut until something is in place, rumours and stories like this usually end up in a cock up of some sorts, my money though for rumours sake is Hobson or shepherd
Holl
Report Abuse
18/12/2007 19:49:00

god knows who they are talking too . carsen is talkin to 1 and cooke anotha and hulley someone else what a shambles
mick66owl
Report Abuse
21/12/2007 00:28:00

 

Have Your Say

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

Recent Sheffield Wednesday Articles

Wednesday Midfielder Joins Wanderers (Thursday March 5 2015)

Men United Ticket Competition (Thursday March 5 2015)

Gray: Owls gave away cheap goals (Thursday March 5 2015)

Wednesday Vs Blackburn - Preview (Wednesday March 4 2015)

Gray Ahead Of Blackburn (Tuesday March 3 2015)

Archived Sheffield Wednesday Articles

List All Vital Wednesday Articles
Have your say
Click here to suggest an article
Click here to suggest a poll
ScoopDragon Publishing Entire League Network of Sites

Vital Members League (view all)

League Table (view table)

Team P W D L GD Pts
8. Wolves 35 16 9 10 6 57
9. Forest 35 13 11 11 7 50
10. Blackburn 35 12 12 11 0 48
11. Sheff Wed 35 11 13 11 -3 46
12. Charlton 35 10 15 10 -5 45
13. Birmingham 35 11 12 12 -10 45
14. Cardiff 35 11 11 13 -4 44

Breaking League News

The Opposition View - Bradford
Reading : 06/03/2015 12:00:01
Powell Demands Rotherham Reaction
Huddersfield : 06/03/2015 11:43:01
When To Stick Or Twist
Blackburn : 06/03/2015 11:31:00
VIDEO: Sheffield Wednesday 1 Blackburn Rovers 2
Blackburn : 06/03/2015 11:28:01
Alex Neil Talks To The Media Ahead Of Millwall
Norwich : 06/03/2015 11:26:00

Current Site Poll (view all polls)

Blackburn MotM
Suggested By:  Site Staff
Westwood 20%
Palmer 0%
Lees 0%
Zayatte 0%
Dielna 0%
McGugan 20%
Hutchinson 0%
Semedo 0%
Maghoma 0%
Keane 20%
Nuhiu 0%
Sub:-Maguire 40%
Sub:-Helan 0%
Sub:-May 0%