Date: 13th February 2009 at 12:27pm
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Wednesday fans have been given a fresh update on the investment process at Hillsborough with another positive statement from the club today.

Owls chief executive Nick Parker and all behind the scenes at S6 have been working hard towards a March 31 deadline for fresh investment in the club.

And they’ve revealed that the deadline is still a realistic one to meet, revealing that an agreement has been reached with the Co-Operative Bank, the club’s backers, regarding the indebtedness of the business.

The club also revealed that discussions are also going well with other creditors and key shareholders in order to get an agreement in place for any potential investors in the club.

‘Long term financial stability is obviously a pre-requisite before any professional investor will put money into a business and these positive discussions pave the way forward for the club,’ Parker told www.swfc.co.uk.

‘We thank all the major creditors and parties involved for their support during this complex and protracted process and look forward to delivering a successful and financially secure future for Sheffield Wednesday.’

It’s another step forward for the club in the search for fresh investment, and another positive day in a superb week for Owls fans.