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Date:Monday October 2 2006
Time: 1:16PM
UK time is: 12:42:43
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Newcastle United could soon have a new owner - the Belgravia Group - as we reported last month.
The Jersey-based investment group are set to make a fresh offer having seen an offer of £91m turned down at the weekend.
Sir John Hall owns 28.8% of the club; Douglas Hall 12%; Freddy Shepherd 28%.
A Sunday newspaper quotes an executive close to the negotiations as saying: 'Talks are ongoing and there seems to be every chance of a deal being struck.'
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sell it - bet fat fred is running out of money - boost of cash is wat we need
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