Sheffield Wednesday fans group Wednesdayite have announced through their website - wednesdayite.com, the results of the ballots that have been held over the past fortnight regarding the proposed sale of their shares to consortium front-man Geoff Sheard.
The 1st part of the vote concerned a rule change involving the removal of a block on selling the shares, which are worth just over 10% of Sheffield Wednesday PLC. A 75% yes vote was needed in order to pass the motion and the overwhelming majority- 97.4% voted in favour of this.
Having passed the 1st stage, the 2nd stage to proceed with assessed whether or not to agree to sell the shares to the Sheard consortium.
Again this was won with a large majority in favour of the Yes vote, polling 92.1% in favour of the proposed sale.
Despite this result Sheard of course is under no obligation to purchase the shares but it does now place his consortium in a strong position. Having supposedly agreed in principle the purchase of former Chairman Dave Allen's shares they will be looking to reach conclusions with the other main shareholders of the club, namely director Geoff Hulley and former director Keith Addy, which would take them beyond their initial target of acquiring a 29.9% holding in the club.
Wednesdayite have been criticised by some sections of the media and fans in the past but it would appear they have brought this issue to a very professional conclusion for their part and have reached a decision that many supporters will agree with. It is thought that season ticket sales will be down due in no small part to fans becoming disgruntled with the way that the club has been run of late and it is no secret that the club are willing sellers providing the bid is, in their opinion, the right one to take the club forward.