SOO CALL TO ARMS

Tuesday 23 November 2010

FINAL CALL - PROTEST TONIGHT BEFORE WALSALL MATCH

Tonight it is essential that fans of SWFC demonstrate their strong opposition to the way that the investment process is being handled. Over the course of the last few months we have been consistently told that loan note holders are not holding up any investor wishing to take over SWFC. It has become apparent however that some loan note holders have an interest in continuing to have an influence over the future of SWFC. We do not believe any board member who is protecting or pursuing their own personal interests should be involved in the decision making process at SWFC when it comes to judging the merits of outside bids.

Sheffield Wednesday Chief Executive Nick Parker claimed last week that potential investors would not get a better deal in administration. We challenge the current loan note holders to make their demands public knowledge and prove this to be the case - prove that the amount you seek from ANY investor reflects the amount you stand to receive in administration.

We encourage all SWFC supporters wishing to demonstrate their discontent at the way the board is handling the future of our club to attend our protest from 6.30pm on Parkside Road (South Stand bridge entrance).



Reminder - One Wednesday initiative

Today in association with local businessman Gary Scotting, the Wednesday 'Til I Die fan investment initative launched 'One Wednesday'. 
One Wednesday aims to take control of SWFC using funds generated from the wide Wednesday fan base.

The One Wednesday proposal is divided into three different invesment groups...

  1. High net worth individuals can become patrons of the club under the scheme and gain a seat on the board for a £500,000 investment.
  2. The '100 club' will consist of investors each pledging £100,000. This group of investors will elect a board member for each block of £500,000 raised.
  3. Fans can invest between £100 and £20,000 through the Wednesday 'Til I Die section of the scheme. Again, for each £500,000 raised a board member will be elected.
One Wednesday represent an opportunity for real Wednesday fans to have a significant say in the running of the club - how strong that voice is will be a reflection of the collective will of the SWFC fan base.

We strongly encourage all Wednesday supporters to read more about the scheme immediately. If you are encouraged by what you see you can make an initial 'pledge' to invest in SWFC. One Wednesday only have a short timescale to demonstrate the required level of support to prevent administration.

Visit www.onewednesday.net NOW to learn more.

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