UK time is: 15:33:22
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Toon 'Hot Property' In Take Over



Jersey-based Belgravia Group have confirmed they tried to buy the shares owned by Freddy Shepherd, former chairman Sir John Hall and his son Douglas. But Newcastle still refuse to comment.

Belgravia Group: 'We are interested in bidding and we are in talks which may or may not lead to a bid. If and when a firm offer is made, we will announce it through the appropriate channels.'

Belgravia, revealed their interest to the Stock Exchange in August, but the Magpies refuse to add anything of substance.

However, it is understood Sir John had talks with Shepherd some weeks ago (after the Aston Villa match) and was interested in the deal, but Freddy still has little intention of selling up at the price offered.

Stock Exchange rules dictate that, should any shareholder acquire a 30% holding, a formal takeover bid would be triggered.

Sir John Hall revealed in June that he had been in talks with a potential buyer when US hedge fund Polygon was linked with a bid.

City analyst Stan Lock, of Brewin Dolphin Securities: 'They are one of the best-supported clubs - they get a full house for every game. There are people looking at West Ham, people looking at Arsenal, Chelsea have been taken over, Manchester United have been taken over - we are in the throes of a takeover period.

'I just think people are seeing things in football that they were not a few years ago. When you think about it, there are not many left that are going to be worth taking over.

'Spurs' share price has been rising and there are rumours that they could be taken over, Arsenal are all over the papers and then there is the West Ham situation, Chelsea and Manchester United have already gone - it does not leave many.

'There is Liverpool and Newcastle and that is just about your lot. Nobody wants to try the in-betweens.'




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!


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

The Journalist

Writer:  Mail feedback, articles or suggestions

Date:Wednesday October 4 2006

Time: 1:06PM

Your Comments

Take overs Take overs everywhere ! shows how big football has become over the last decade or so !
dazednconfuzed
 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Newcastle United Articles

Unwanted Game To Be Shown Live (Thursday September 25 2014)

Toon Kids Triumph (Monday September 22 2014)

NUFC v Hull Review (Saturday September 20 2014)

Pardew in Stats (Thursday September 18 2014)

Good Luck Jonas (Thursday September 18 2014)

Aarons Blow Should Be No Loss (Tuesday September 16 2014)

What's The Point? (Monday September 15 2014)

The Shocking Truth (Sunday September 14 2014)

Southampton v NUFC Line Ups (Saturday September 13 2014)

Southampton v NUFC Match Review (Saturday September 13 2014)

Archived Newcastle United Articles

List All TOTT Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. PieMag 22
2. thecorner 13
3. BLACKBOB 27 12
4. Pellet 12
5. OldLeazes 8
6. officemonkey 7
7. kevin__ 4
8. Birdys 3
9. Odin 3
10. The Owl 3

League Results (view all)

League Table (view table)

Team P W D L GD Pts
14. Liverpool 6 2 1 3 -1 7
15. Everton 6 1 3 2 -2 6
16. Hull City 6 1 3 2 -2 6
17. Sunderland 6 0 5 1 -1 5
18. Q.P.R. 6 1 1 4 -9 4
19. Newcastle 6 0 3 3 -7 3
20. Burnley 6 0 3 3 -7 3

Breaking League News

Danny Welbeck Is The Talk Of The Town
Arsenal : 02/10/2014 13:30:00
Arsenal : 02/10/2014 13:16:00
Delph Must Be Kept - Poll Results
Aston Villa : 02/10/2014 12:30:00
Everton fly out to Russia without key players
Everton : 02/10/2014 10:50:00
Liverpool: Rodgers Bemoans 'Soft' Goal
Liverpool : 02/10/2014 08:50:00

Current Site Poll (view all polls)

Where do you think NUFC will finish this season?
Suggested By:  Talk of the Tyne
Top 4%
Top 4 3%
Europa league places 18%
Mid table 47%
Relegated 28%