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Owls pair demand 'legal proof' from Sheard



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Published Date: 25 July 2008
OWLS director Geoff Hulley and former director Keith Addy have agreed in principal to sell 10 per cent stakes in the club to Lancashire businessman Geoff Sheard, as long as he can provide "legal proof of funding" for the takeover.
A further meeting is to be held within a week where confirmation of the sale could happen, subject to legal scrutiny. Sheard's Swiss-based trust are believed to be offering 20p a share, or £4m for a 40 per cent slice of the club.

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The full article contains 144 words and appears in n/a newspaper.
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  • Last Updated: 25 July 2008 9:00 AM
  • Source: n/a
  • Location: Sheffield
 
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1

ozkenb,

Horsley N.S.W. AUSTRALIA 25/07/2008 09:36:03
20p a share boys snap it up snap it up !!!!
2

Dave Wilkinson,

Chesterfield 25/07/2008 11:24:22
With Addy and Hulley now possibly on board, and Wednesdayite recommending sale of an additional 10%, I believe a combined forty percent stake would trigger a requirement to make a general share offer. Is this correct?
3

wesps,

26/07/2008 06:21:36
yea he only needs 30% to do that
4

wesps,

26/07/2008 06:29:14
i think
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