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Owls Reject Hobson Approach

Wednesday have rejected an offer from boxing promoter and Wednesday fan Dennis Hobson for a place on the Owls' board in exchange for funds to strengthen the playing squad.

Die-hard Owl Hobson has long been interested in becoming involved with the club, with a Jersey-based consortium also invovled, for a while and has upped his efforts following the departure of former chairman Dave Allen.

But after offering the Owls the funds to sign former loanees Michael Johnson and Graham Kavanagh in exchange for a place on the club board to offer his expertise, Hobson has been turned away once again.

A statement from the Hobson camp read: 'Last week, I followed up a friendly telephone call with club CEO Kaven Walker by e-mail confirming my brother`s and my willingness to fund the loan signings of Michael Johnson and Graham Kavanagh between now and the end of the season, or similar spend on any other player(s) required by team manager Brian Laws.

'Also, I confirmed our agreement in principle to give reasonable financial assistance to the club to achieve satisfactory closure of all the legal actions against fans. Unlike the club`s Directors who have provided interest bearing loans to the club which have to be repaid, this money (which we estimate will be around a quarter of a million pounds) was offered as a gift and we didn't want it back.

'In return, I asked for a seat on the SWFC board as I believe there is clear need for a new face with fresh ideas. I have extensive contacts, know-how and experience in the sporting world generally and I want to bring this to bear for the benefit of the club.

'Yesterday, Kaven Walker e-mailed me to confirm that the club`s PLC directors (Geoff Hulley, Ken Cooke and Bob Grierson) are willing to accept my money but will not agree to my joining the Board.'

In the statement, Hobson has also aired his fears over the Owls' possible relegation to League One should boss Brian Laws not receive the necessary funds to strengthen his squad before the close of the January transfer window.

He also revealed that he'd be willing to 'give reasonable financial assistance to the club to achieve satisfactory closure of all the legal actions against fans' as a gift, without wanting the money back.

And despite the knockback from the club, Hobson insists he and his brother will still be willing to sit down and talk to the club at short notice to try and help out financially.




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The Journalist

Writer: Nick Mail feedback, articles or suggestions

Date:Tuesday January 22 2008

Time: 11:25AM

Your Comments

well if thats true and we go down shame on you the swfc board. but the probable outcome maybe that there is a takeover happening and they dont need the money
mick66owl
That's what they said last time!
nickswfc
exactly nick. hope its not a costly mistake by the board
mick66owl
any1 get the feeling we are in the hands of a bunch of complete cretins? i just hope and pray there is an impending takeover otherwise, to steel a famous catchphrase, "were all doomed"
mansfieldowl
Who knows what is going on at the club anymore, we fans seem to be the last to know about everything!!
will it ever happen
there must be something about to happen, as its not like were short on empty seats on the board at the moment. You would hope there is someone interested and that is why they have turned him away
Walkley
Hope so! We need a miracle!
johnnywalker69
We need something to happen ASAP!!
will it ever happen
there must be something with hobson because you would have thought now allen as gone the rest of board would have let him in but why not i ask myself
mick66owl
we can but hope for a nice informaing statement from the board as to why they have turned this offer down, but i can't see it coming
Walkley
BLANK pieces of paper yet again.
mick66owl
Board of Directors are not usually inclined to let someone buy their way onto the board (and not for 250k), especially someone that is potentially part of a take over bid ..... Think about it, you are thinking about selling your house and someone says that they are interested in buying it but they'd like to come and live in the house and have a look through your bank account before they put in an offer.... oh and by the way when the other prospective buyers come to the door - they'll be answering the door and showing people around for you !!!
DB2002
An opportunist. Good move.
Auckland Owl
WELL thats that then no new money for laws to use and no new investor. different day same old wednesday
mick66owl
if someone at the lane came in and offerd that money they wud snap there hand off but why dont we
kyle_swfc
 

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