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.

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

Comments

0
Take overs Take overs everywhere ! shows how big football has become over the last decade or so !
dazednconfuzed
04/10/2006 13:14:00
Page 1/1
  1. 1

Login to post a comment

Recent Newcastle United Articles

2016/17 Transfer Deadline - A Few Days Remain

Well it's almost that time of the year again, only a final few days to go before the closure of the summer transfer window for 2016/17, and with the international break...

Post NUFC v Brighton Thoughts

Today's win against Brighton was probably the first time you could really see the Rafa Benitez effect

Stats: Newcastle v Brighton

All the stats from Newcastle (2) vs (0) Brighton, St James' Park, 27/8/16 Att: 49,196

Newcastle v Brighton - Team Sheets

Newcastle United are at St James' Park with Brighton the visitors today, this is a 5.30pm kick-off - the line-ups have been confirmed.

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)

Brighton MotM
Suggested By: Site Staff
Sels3%
Anita0%
Mbemba0%
Lascelles16%
Dummett0%
Ritchie0%
Hayden8%
Shelvey33%
Gouffran16%
Diame16%
Perez8%
Sub - Gamez Duarte0%
Sub - Colback0%
Sub - Yedlin0%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Huddersfield 5 4 1 0 13 4
2 Fulham 5 3 2 0 11 3
3 Barnsley 5 3 0 2 9 4
4 Newcastle 5 3 0 2 9 4
5 Q.P.R. 5 3 0 2 9 3
6 Bristol City 5 3 0 2 9 2
7 Forest 5 3 0 2 9 0
8 Brighton 5 2 2 1 8 4
9 Wolves 5 2 2 1 8 3
10 Birmingham 5 2 2 1 8 2
11 Ipswich 5 2 2 1 8 1
12 Norwich 5 2 2 1 8 1
13 Burton 5 2 1 2 7 1
14 Brentford 5 2 1 2 7 1
15 Reading 5 2 1 2 7 -3
16 Aston Villa 5 1 2 2 5 0
17 Cardiff 5 1 2 2 5 -2
18 Derby County 5 1 2 2 5 -2
19 Sheff Wed 5 1 2 2 5 -3
20 Wigan 5 1 1 3 4 0
21 Leeds Utd 5 1 1 3 4 -4
22 Rotherham 5 1 1 3 4 -9
23 Preston 5 1 0 4 3 -2
24 Blackburn 5 0 1 4 1 -8
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_NoMatterWot131
2.officemonkey64
3.keggy_keagal41
4.vin189235
5.PieMag34
6.The Owl34
7.Pellet30
8.billybobcat29
9.OldLeazes18
10.Mcnamee6717