EXCLUSIVE: Sheard agrees takeover sale with Hulley and Addy



« Previous « PreviousNext » Next »View GalleryPublished Date: 24 July 2008
By Ian Appleyard
Sheffield Wednesday shareholders Geoff Hulley and Keith Addy have agreed to sell their stake in the Owls to the Geoff Sheard consortium.

Owls director Hulley and former director Addy both agreed to sell their 10 per cent stakes in the club to Sheard at a meeting in a Sheffield hotel on Thursday.

Sheard now has to provide legal proof of funding and arrange a meeting between his lawyers and those of the two shareholders within the next seven days.

His consortium needs a 30 per cent stake in the Championship club to effectively take control at Hillsborough.

Former chairman Dave Allen has already agreed to sell his 10 per cent and fans group, Wednesdayite, are currently balloting members over the sale of their 10 per cent stake.

For full story see Friday's Yorkshire Post newspaper.



Good news, now let the fun times return to S6

It was breaking news when it broke - not when you posted it again later on ;)

It was breaking news when it broke - not when you posted it again later on ;)

I just found out so it is to me and your not a crying blade are you by any chance :hihi:

I just found out so it is to me and your not a crying blade are you by any chance :hihi:

al is an Owl.

Don't tempt fate- don't gloat quite yet.

Oh sorry Al for that. Lets hope this comes of sheard has obviously already pleased allens lawyers with proof of funds, so it "should" be a formality but this is SWFC we are on about:hihi:.