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Wednesday waiting on Sheard
WEDNESDAY fan groups say that the ball is now in Geoff Sheard's court as the consortium frontman bids to conclude a takeover of the Owls within days.
The Shareholders Assoc-iation and Wednesdayite both believe that a deal can be done with major shareholders quickly if Sheard comes up with the legal verification of funds for which he has been asked.
It follows Wednesdayite's agreement to sell their stake to Sheard, and his approaches to Dave Allen - with whom a deal has been lined up - Keith Addy and Geoff Hulley.
Shareholders Association chairman David Coupe said: "Clearly everyone is willing to sell. It's now up to Geoff Sheard to turn up with the goods and get the deal done as soon as possible. We don't want this hanging on any longer. We want it finished quickly to remove any uncertainty and get Sheffield Wednes-day moving forward.
"A path has also been cleared for any other potential investor."
Wednesdayite chairman Darryl Keys said: "The real crux of the matter for us is verification of funds, and I guess there are others who feel the same way. If that evidence is provided then the deal is there to be done. He has a perfect opportunity to conclude this."
Sheard said in the wake of the Wednesdayite decision: "This is a significant stage. We are now just days away. It's great that their members have voted to sell."
Wednesdayite's proceeds from a sale would amount to just over 1 million and would, under their own code, be donated to the club or community-linked causes. The group have said that the proceeds would be around three times the original offer made to them by Dave Allen in 2006 but the Owls former chairman has pointed out that he made a subsequent offer of 500,000.
Manager Brian Laws focused on tomorrow's kick-off against Burnley, said: "If anything happens with a takeover and it brings new investment to the club, then obviously that can only be good for the club.
"Until a deal has been done we carry on as we are."
Sheffield Wednesday: Preview for the season, including ins and outs and squad numbers. Don't miss Saturday's Green'Un newspaper
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Weather for Sheffield
Saturday 26 May 2012
Today
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Temperature: 9 C to 21 C
Wind Speed: 17 mph
Wind direction: East
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Temperature: 11 C to 21 C
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