Takeover bid

[Beefy]

A consortium led by Ricky Hatton's promoter Dennis Hobson claim they are ready to buy out Sheffield Wednesday chairman David Allen.

Hobson is keen to revive the South Yorkshire side's glory days and believes he needs to buy out Allen after previously seeing an investment bid rejected.

With The Owls still in some £30 million worth of debt, Hobson says he and his group of Sheffield and Jersey-based businessmen have the finances to turn around the club's fortunes.

Hobson has already highlighted who he wants at the club with former manager Ron Atkinson at the top of his list along with fans' favourite Chris Waddle.

"There is a group of businessmen, including my brother Andrew, who share a love of Wednesday and who are prepared to invest to make the club great again," said Hobson.

"It's clear the club are not firing on all cylinders and are going nowhere.

"Me and my brother offered to put in £500,000 each to join the board a couple of years ago when the club appealed for new investors.

"We were turned down so we'll probably have to buy Allen out. I can't say how much we would put in, but we're going to make an approach.

"I'd try and get Big Ron back in some capacity and I'd also like to see Chris Waddle play some sort of role."

[redgreggie]

Originally Posted by Beefy

A consortium led by Ricky Hatton's promoter Dennis Hobson claim they are ready to buy out Sheffield Wednesday chairman David Allen.

Hobson is keen to revive the South Yorkshire side's glory days and believes he needs to buy out Allen after previously seeing an investment bid rejected.

With The Owls still in some £30 million worth of debt, Hobson says he and his group of Sheffield and Jersey-based businessmen have the finances to turn around the club's fortunes.

Hobson has already highlighted who he wants at the club with former manager Ron Atkinson at the top of his list along with fans' favourite Chris Waddle.

"There is a group of businessmen, including my brother Andrew, who share a love of Wednesday and who are prepared to invest to make the club great again," said Hobson.

"It's clear the club are not firing on all cylinders and are going nowhere.

"Me and my brother offered to put in £500,000 each to join the board a couple of years ago when the club appealed for new investors.

"We were turned down so we'll probably have to buy Allen out. I can't say how much we would put in, but we're going to make an approach.

"I'd try and get Big Ron back in some capacity and I'd also like to see Chris Waddle play some sort of role."

That sounds rather worrying to me, there's no mention of Paul Sturrock, I think the only way forward for our club is with him at the helm.

I worry about Allen as our chairman, I was all for someone coming in with a buy-out but I'm not too sure having read what they have put out, if they'd have made it clear that Paul Sturrock would be the manager then fair enough.

It looks as though they are just pandering to fans with making references to Waddle and Big Ron, admittedly huge favourites with Owls fans but let's be honest Ron's best days are far behind him and what's Waddle ever done since he stopped playing?
He was manager at Burnley, disastrous I believe.

Come on, if you want to get involved with running the club you have to keep the manager who is already there.