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Owls 'no comment' on Dave Allen broadside
WEDNESDAY today declined to comment on a broadside by Dave Allen about the club's bid to bring in new investment.
Allen has also said that he wants full repayment of the 2m-plus owed to him by the club and that he has been asked to take a cut of around a third.
He has also questioned whether major funding for Hillsborough has been
secured.
Allen said no deal has been done with him about his loans and he described the investment affair as "all hype and talk."
A club spokesman declined to comment on Allen's viewpoint but added: "The board are focussing on delivering the new investment that can give the club a brighter future and will update all shareholders and stakeholders when the time is right."
The Owls have a target deadline of March 31 for the clinching of an investment deal and have been negotiating with an international syndicate.
Their bank, the Co-op, recently agreed in principle to write off a substantial part of the 21m owed to them by the club.
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Saturday 26 May 2012
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