Football: Spend to Survive Not an Option for Owls
Spellman, Damian, The Independent (London, England)
CITY ANALYSTS are warning Sheffield Wednesday supporters of tough times ahead. The departure of the manager, Peter Shreeves, on Wednesday brought a fresh crisis to the club. It was on a high a few years ago, finishing seventh in the Premiership, but now it has debts of pounds 16m.
Owls supporters are desperate for cash to be ploughed in on the playing side, but recent forays into the transfer market to secure expensive imports such as Paolo di Canio, Benito Carbone, Gilles de Bilde and Wim Jonk among others, have not brought the hoped-for return.
Now a football analyst, Andrew Lee, of Dresdner Kleinwort Benson, is warning that further spending in a bid to get …
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Publication information: Article title: Football: Spend to Survive Not an Option for Owls. Contributors: Spellman, Damian - Author. Newspaper title: The Independent (London, England). Publication date: October 19, 2001. Page number: 30. © 2009 The Independent - London. Provided by ProQuest LLC. All Rights Reserved.
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