Vital Football

Latest Newcastle United News

Toon 'Hot Property' In Take Over

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.'

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

Date:Wednesday October 4 2006
Time: 1:06PM


Take overs Take overs everywhere ! shows how big football has become over the last decade or so !
04/10/2006 13:14:00
Page 1/1
  1. 1

Login to post a comment

Best of Vital Network

Vital Boxing - Frampton Fight Upgraded

Recent Newcastle United Articles

Newcastle Fans Outraged By Sky`s Decision

Despite having announced all of the matches scheduled for TV for April previously, Sky have still decided to select another one of our matches for TV, moving the Everton game.

Who Is The Premier League's Penalty Save King?

Another boring international break has hit this March, so if you've ever wondered who has saved the most penalties in Premier League history - wonder no more!

Shearer Shares Comical Warm Up Of Ex Newcastle Star

Ahead of the Hublot Match of Friendship earlier this week, Alan Shearer shared a video of Tino Asprilla preparing for the game

Newcastle Fans Worried Over Rafa`s Comments About Striker

It has been tremendously frustrating seeing Islam Slimani on the sidelines since his loan move from Leicester in January.

Newcastle United Archived Articles

TOTT articles from

Site Journalists

Editor email

Current Poll (see more polls)

Southampton MotM
Suggested By: Site Staff
Sub - Joselu0%
Sub - Atsu1%
Sub - Merino1%
ScoopDragon Premier League Network Sites
Vital Football Comment
Latest F1 News
Latest Vital Boxing News
Write for Vital Football

Recent Newcastle United Results (view all)

Newcastle United Fixtures

Vital Members League Table

7.The Pyrry20
9.Harry's Boy16
The Vital Football Members League