Details remain unclear about a deal which appears to have dealt with Sheffield Wednesday’s immediate financial problems. £2m was made available from an unnamed investor on Friday, but it was not clear whether the money was a loan or a deposit ahead of a full takeover. The money has apparently not arrived, but when it does the club intend to use ut to pay off unpaid tax bills.
Details remain unclear about a deal which appears to have dealt with Sheffield Wednesday’s immediate financial problems. £2m was made available from an unnamed investor on Friday, but it was not clear whether the money was a loan or a deposit ahead of a full takeover. The money has apparently not arrived, but when it does the club intend to use ut to pay off unpaid tax bills.
The Yorkshire Post has been running a three-part series on what they describe as ‘a traumatic year in the boardroom’ drawng on minutes. Presumably the intention of the newspaper is to bring some transparency to a convoluted sequence of events, but the Wednesday board insisted in a statement that discussions within the boardroom must remain private.