20 Oct 2010Sheffield Wednesday takeover close, says Turner

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Former Sheffield Wednesday manager Chris Turner has claimed that a takeover deal which would see new investment pumped into the troubled South Yorkshire club is on the verge of being finalised.

Speaking to BBC Radio Sheffield, the ex-Hartlepool United boss - who has been attempting to broker an agreement with a consortium from the Middle East for several weeks - insisted that a buyout is imminent.

"It's just tying up the loose ends and asking a few final questions. The deal should be completed shortly," he explained. "The investors are part of a multi-national company who clearly have the ability to finance the investment."

Turner, who is expected to occupy a senior role at Sheffield Wednesday should the takeover go through, added that the investors had sought to keep discussions private to avoid giving football fans "false hope".

Last month, chairman Howard Wilkinson confronted disgruntled supporters outside Hillsborough and warned that the club could fall into administration should he choose to walk away.

Written by Terry Mitchell

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