Vital Football

Latest Newcastle United News

Moat poised to take over troubled Magpies

Moat poised to take over troubled Magpies

Newcastle United are said to be the subject of a takeover by local businessman Barry Moat in the 'coming days', reports The Telegraph.

According to the newspaper, Barry Moat has brought aboard a small number of investors who are keen on buying current owner Mike Ashley out, and installing club legend Alan Shearer as manager.

The Tyneside club have reportedly satisfied Barclays Bank that a reduced overdraft facility of £20 million - £19 million less than what it had enjoyed just a year ago, is feasible for a Championship club.

Moat and his consortium are also thought to be keen on offering Mike Ashley a stake in the club, and to allow Derek Llambias to remain in his current role.

The news that Ashley may remain in some form or the other will not bode well with the Toon Army, and one may only suspect what form of backlash awaits the current regime if the protracted takeover is successful.



*Try Vital Mobile FOR FREE for the latest news, scores, fixtures and so much more*

Click here to join in the debate on the club forum.

Writer:Mehzeb Chowdhury
Date:Saturday September 5 2009
Time: 9:21PM

Best of Vital Network

Vital F1 - Blog: Spa Preview

Login to post a comment

Recent Newcastle United Articles

Dummett Gets Wales Call

Paul Dummett has been called up by Wales manager Chris Coleman for the coming international break.

League Cup Ball Numbers Known (24/8/16)

With the second round ties now all but done and dusted, clubs have been allocated ball numbers for the League Cup third round draw later this evening.

Toon Times - Cheltenham 23-08-16

A place in the third round of the League Cup was secured after a two-nil win over Cheltenham but the main concern for Newcastle were the injuries picked up with three forced off.

Rafa Still Has Work To Do

Aside from the Rafa Benitez effect, has anything really changed so far?

Archived TOTT Articles

TOTT articles from

Site Journalists

Ken Waugh
no email
Profile
TNMW
Editor email
Profile
Ian Smith
no email
Profile
Rexn
no email
Profile
BowburnMag
no email
Profile

Current Poll (see more polls)

LC - Cheltenham MotM
Suggested By: Site Staff
Darlow17%
Sterry0%
Lascelles0%
Hanley0%
Gamez Duarte0%
Aarons0%
Shelvey0%
Colback0%
Perez83%
Diame0%
Mitrovic0%
Sub - Gouffran0%
Sub - Gayle0%
Sub - Anita0%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Huddersfield 4 3 1 0 10 3
2 Brighton 4 2 2 0 8 6
3 Wolves 4 2 2 0 8 4
4 Norwich 4 2 2 0 8 4
5 Fulham 4 2 2 0 8 2
6 Q.P.R. 4 2 0 2 6 2
7 Newcastle 4 2 0 2 6 2
8 Brentford 4 2 0 2 6 1
9 Barnsley 4 2 0 2 6 0
10 Bristol City 4 2 0 2 6 0
11 Forest 4 2 0 2 6 -2
12 Aston Villa 4 1 2 1 5 2
13 Ipswich 4 1 2 1 5 0
14 Birmingham 4 1 2 1 5 -1
15 Cardiff 4 1 2 1 5 -1
16 Derby County 4 1 2 1 5 -1
17 Wigan 4 1 1 2 4 1
18 Burton 4 1 1 2 4 0
19 Leeds Utd 4 1 1 2 4 -2
20 Sheff Wed 4 1 1 2 4 -3
21 Reading 4 1 1 2 4 -4
22 Rotherham 4 1 1 2 4 -5
23 Preston 4 1 0 3 3 -1
24 Blackburn 4 0 1 3 1 -7
Latest F1 News
Latest Vital Boxing News

Recent Newcastle United Results (view all)

Newcastle United Fixtures (view all)

Vital Members League Table

RankNamePoints
1.Toon_NoMatterWot106
2.officemonkey49
3.keggy_keagal31
4.vin189229
5.billybobcat25
6.PieMag24
7.The Owl24
8.Pellet22
9.OldLeazes15
10.Mcnamee6714