Owls takeover edges closer

Wednesdayite urge members to sell to consortium

Last updated: 23rd July 2008

Sheffield Wednesday crest

Hillsborough: Fans urged to back takeover

Related links

Teams

Also see

Sheffield Wednesday supporters' group Wednesdayite have urged members to vote in favour of selling their shares.

Wednesdayite recently received a formal offer from the Geoff Sheard consortium, who are planning to take over at Hillsborough and have already agreed to buy former chairman Dave Allen's stake.

Wednesdayite, the second biggest shareholder with a 10 per cent interest, will announce the result of the vote at a meeting on 6th August after giving members 14 days to consider Sheard's offer.

Members of the group must first agree to change the rules which currently prevent them from selling their shares and then vote on whether to accept the offer.

A Wednesdayite statement read: "The Wednesdayite board is recommending that members vote 'yes' to the rule change and 'yes' to the sale of our holding."

Sheffield Wednesday's board of directors later issued a statement confirming they approved of the vote.