Following anxieties expressed over the weekend, Sheffield Wednesday chairman Howard Wilkinson has moved to reassure Owls fans that the £15m takeover of the club is still on course. Former Wednesday manager Chris Turner is representing Kevin Mundie, the managing director of Dubai-based company Certified Oilfield Rentals. The company rents out oilfield equipment. Wilkinson is ‘cautiously optimistic’ that a takeover will occur, but talks with other potential investors are also continuing.
Following anxieties expressed over the weekend, Sheffield Wednesday chairman Howard Wilkinson has moved to reassure Owls fans that the £15m takeover of the club is still on course. Former Wednesday manager Chris Turner is representing Kevin Mundie, the managing director of Dubai-based company Certified Oilfield Rentals. The company rents out oilfield equipment. Wilkinson is ‘cautiously optimistic’ that a takeover will occur, but talks with other potential investors are also continuing.
An ‘immediate’ lifeline payment of £2m that was promised two weeks ago never arrived and a winding-up petition is scheduled for the High Court next month.