Sheffield Wednesday have today released a statement on their official website, www.swfc.co.uk regarding the ongoing investment process that the club is involved in.
Owls chairman Howard Wilkinson stated that progress had been made in various discussions between the club, the bank, loan note holders and interested parties. The aim as things stand is to be in a position with one of the prospective investors by the coming weekend that would satisfy Wilkinson that the club would not be forced into administration.
The former Wednesday manager commented that he and Chief Executive, Nick Parker are close to finalising a deal that would secure the club’s future and stressed that it is important that no detrimental comments are made that could damage the deal.
Sheffield Wednesday were given a 28 day adjournment at the high court last Wednesday in relation to an HMRC tax bill but they face another winding up petition with respect to further tax liabilities on December 1st.