Date: 24th February 2008 at 7:53pm
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Wednesday could well be on the verge of a takeover with media reports today reporting Lancashire-based businessman Geoff Sheard is the front-man behind a multi-million pound bid for the club.

The Owls have long been discussing the need for a takeover, but Wednesdayites have been dealt numerous false dawns in recent years for a number of reasons.

But now there could well be light at the end of the tunnel, with Sheard in discussions with the club about a takeover, with a deal said to be done in the next few days.

Sheard is thought to be the front man of a group looking to clear the Owls’ debts and help them climb back up to the Premiership in the coming years, and has already held dicsussions with fans’ group Wednesdayite over purchasing their shares at Hillsborough.

Sheard has worked in the kit manufacturing business and on the commercial sides at both Preston and Stoke City and has gathered a number of backers to help finance the deal.

And Wednesday fans are sure to learn more over the move in the coming days and weeks, so keep checking Vital Sheffield Wednesday for all the latest updates.