UK time is: 14:26:49
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

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
please sort before january!
mansfieldowl
It's a total shambles at the moment and some heads need to be banged together!! Get it sorted!!
will it ever happen
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
Ok I can reveal publicly for the first time, I'm the investor, I offered them $12SG and talks are ongoing :)
Placebo
as much as that placebo
mick66owl
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
god knows who they are talking too . carsen is talkin to 1 and cooke anotha and hulley someone else what a shambles
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 18 7 6 5 6 27
11. Wolves 18 7 6 5 -3 27
12. Cardiff 18 7 5 6 1 26
13. Sheff Wed 18 4 10 4 -2 22
14. Huddersfield 18 5 6 7 -6 21
15. Reading 18 6 3 9 -6 21
16. Leeds Utd 18 5 5 8 -5 20

Breaking League News

The Season So Far
Wolves : 28/11/2014 14:07:00
The Inside Story Of The AGM (Part 2)
Norwich : 28/11/2014 12:00:00
12th Man - Rousing Support Lifts Everyone
Wigan : 28/11/2014 10:43:00
Did Toney fail Wolves medicial?
Wolves : 28/11/2014 10:02:00
The Opposition View - Norwich
Reading : 28/11/2014 10:00:00

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%