FORMER Town director and secretary Alan Sykes has agreed severance terms with Sheffield Wednesday.

He left his post as chief executive at Hillsborough in January, with the club saying it was part of an ongoing drive to rationalise its business operation after relegation to Division II.

Owls finance director Bob Grierson said: "Alan joined the club in June 1999 as club secretary, becoming chief executive in March 2002.

"The club would like to thank him for his four-and- a-half years' loyal and hard-working service to Sheffield Wednesday and we wish him well for the future."

Highburton-based Sykes, pictured, who joined when Wednesday were in the Premier League, said: "Relegation problems did not make for an easy time with the club.

"But I have enjoyed the challenges of the job and I am confident that it is only a question of time before the club and the fans regain their rightful place in the Premier League."

Highly-respected in the game and known to have done an excellent job of trouble-shooting for cash-strapped Wednesday, Sykes was only the second chief executive in the club's history when he succeeded West Ham-bound Graham Mackrell.