Date: 20th July 2007 at 10:44am
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Wednesday fans will be holding their breath today ahead of the Owls’ press conference at 2pm – where it’s expected Paul Gregg will take the reigns at Hillsborough.

Owls Chairman Dave Allen revealed the club were in talks with the leisure millionaire about a possible takeover of the club before the start of the season and media reports are saying Gregg could takeover as soon as this afternoon.

A statement on the Owls’ official site said on Wednesday: ‘Sheffield Wednesday have called a press conference for Friday afternoon at Hillsborough with regard to the club’s takeover.’

Gregg isn’t the only interested party in investing in the Owls, with Irish billionaire Sean Quinn also being rumoured to fancy the chance to take the Owls’ reigns, but the former Everton director is hot favourite to take the hot seat this afternoon.

The press conference comes fresh on the back of fans group Wednesdayite’s plea for the club to keep the fans informed of what’s going on with regards to the takeover – and it looks as though those pleas will be taken in to account this afternoon.

Keep tuned in to Vital Sheffield Wednesday for all the latest news on the Owls takeover!