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Statement of Intent by PG

From the Profitable Official Website:

"The Profitable Group can confirm that it has expressed an initial interest in acquiring Newcastle United. A preliminary discussion with the representatives appointed to handle the sale of the club has been held, but contrary to some reports no direct talks have been held with either the Owner, Mike Ashley, or the Chairman, Derek Llambias.

The Group consider the leaking of The Group's interest in this matter unfortunate, and as supporters of Newcastle United seek only to serve in the best interests of the club, the fans and the local community.

The Group will not be making any further comment at the present time.'

So there definitely is an interested party, despite what Derek the Llabia said. Meanwhile we await the counter offer from Frederick and Co. It pretty much seems like Ashley will get the bidding war he dreamed of.




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The Journalist

Writer: Ross Molyneux Mail feedback, articles or suggestions

Date:Wednesday June 10 2009

Time: 7:27PM

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No the bidding war he dreamed of was at 400m not 40m
TeddyLyon
 

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