Date: 6th February 2009 at 5:22pm
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Wednesday have revealed that the club is still on course for fresh investment, with the official site anticipating a fresh update regarding the matter by the ‘end of next week’.

Following his arrival at Hillsborough, Wednesday chairman Lee Strafford set a deadline of Tuesday, March 31 for new investment to be pumped in to the Championship club.

And that looks well on the course, with a statement on the official Wednesday site reading: ‘Sheffield Wednesday is pleased to announce that the strategy to secure investment in the club is progressing well and the club remains on schedule to complete this by March 31.

‘The club continues to engage in productive discussions with the Co-Operative Bank and loan note holders and we are confident of a positive outcome from this process.

‘We anticipate that a further update on this matter will be available by the end of next week.’

Talk of any takeover or investment has been relatively quiet compared to the non-stop talk involving Geoff Sheard towards the end of last season.

But it now looks like it could be up and running again with this latest announcement from the club, and there could be more talk, or even action, come next week.