Russian tycoon still in the frame
Published Date:
07 March 2008
By Alan Biggs
Sheffield Wednesday's takeover trail may have cooled and is currently shrouded in confusion - but one factor that remains constant is the link with Russian billionaire Vladimir Yevtushenkov.
The Telegraph was first to float the name of a mystery backer and a week later the connection with the Moscow-based telecommunications tycoon has not been severed.
A £60m deal apparently backed by Yevtushenkov and brokered by Lancashire businessman Geoff Sheard seemed on the brink of completion last Friday when Wednesday informed the stock exchange of the approach and the possibility of a bid.
Now there is a lull in the proceedings and the Telegraph understands that no formal offer has been received.
The full article contains 117 words and appears in Sheffield Telegraph newspaper.
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Last Updated:
07 March 2008 6:44 AM
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Source:
Sheffield Telegraph
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Location:
SHEFFIELD, SOUTH YORKSHIRE
