Sheffield Wednesday Supporters' Society (Wednesdayite) Press Release
2nd November 2010
Following the press release issued by the Sheffield Wednesday Shareholders Association this morning, suggesting that the four major shareholders in SWFC PLC (in conjunction with a further 14% of individual shareholders) should offer their shares in the club to an incoming investor in return for the settlement of at least the outstanding HMRC debt, Wednesdayite would like to offer its full support to this initiative and all like it that have the aim of safeguarding the immediate future of Sheffield Wednesday FC.
2nd November 2010
Following the press release issued by the Sheffield Wednesday Shareholders Association this morning, suggesting that the four major shareholders in SWFC PLC (in conjunction with a further 14% of individual shareholders) should offer their shares in the club to an incoming investor in return for the settlement of at least the outstanding HMRC debt, Wednesdayite would like to offer its full support to this initiative and all like it that have the aim of safeguarding the immediate future of Sheffield Wednesday FC.
As part of the wider Save Our Owls campaign, any proposal that can generate the revenue required to keep the club out of administration is welcome and the Board of Wednesdayite is committed to working with all Owls fans groups to fully explore all possibilities. Given the time constraints under which all efforts to save the club are working, Wednesdayite furthermore commits to preparing for a full ballot of its members on the sale of its shareholding immediately that a firm offer be made.
Wednesdayite would urge the three remaining major shareholders (Keith Addy, Geoff Hulley and Dave Allen) to make a statement of their position as regards this initiative as soon as possible, to give the maximum amount of time to interested parties to respond.
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