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

Best of Vital Network

Vital Boxing - Bellew Lets Rip at Haye

Recent Newcastle United Articles

Shelvey's Battlecry

Jonjo Shelvey cranked up the promotion chasing noise with a declaration of his own.

Toon Kids In Youth Cup Thriller

Newcastle kids played in the quarter finals of the FA Youth cup tonight

Rafa Plays Down China Talk

Benitez seemed to play it down by suggesting he knew nothing of it

A Vital Week For Benitez

Manager Rafa Benitez has been speaking about a big week for Newcastle United with Brighton up on Tuesday evening and then trips to Huddersfield and Reading to follow.

Archived TOTT Articles

TOTT articles from

Site Journalists

TNMW
Editor email
Profile

Current Poll (see more polls)

Bristol City MotM
Suggested By: Site Staff
Darlow12%
Yedlin5%
Lascelles0%
Clark5%
Dummett5%
Shelvey23%
Colback0%
Ritchie11%
Perez0%
Atsu29%
Mitrovic0%
Sub - Diame5%
Sub - Gouffran5%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Brighton 33 21 8 4 71 31
2 Newcastle 33 22 4 7 70 37
3 Huddersfield 33 20 5 8 65 8
4 Leeds Utd 34 19 4 11 61 12
5 Reading 34 18 6 10 60 2
6 Sheff Wed 34 17 7 10 58 9
7 Fulham 33 14 11 8 53 17
8 Norwich 34 15 7 12 52 11
9 Preston 34 14 10 10 52 5
10 Barnsley 34 14 8 12 50 4
11 Derby County 33 13 9 11 48 6
12 Cardiff 34 13 7 14 46 -2
13 Brentford 33 12 7 14 43 2
14 Birmingham 34 11 10 13 43 -13
15 Ipswich 34 10 12 12 42 -7
16 Q.P.R. 34 11 7 16 40 -11
17 Aston Villa 33 9 12 12 39 -7
18 Forest 34 10 7 17 37 -12
19 Burton 34 9 9 16 36 -13
20 Wolves 32 9 8 15 35 -5
21 Bristol City 33 9 6 18 33 -6
22 Wigan 34 7 10 17 31 -10
23 Blackburn 32 7 9 16 30 -13
24 Rotherham 34 4 5 25 17 -45
The Vital Football Members League
Latest F1 News
Latest Vital Boxing News
Vital Football Comment

Recent Newcastle United Results (view all)

Newcastle United Fixtures (view all)

Feb 28 2017 7:45PM : Brighton & Hove Albion (a)
Sky Bet Championship
Mar 4 2017 5:30PM : Huddersfield Town (a)
Sky Bet Championship
Mar 7 2017 8:00PM : Reading (a)
Sky Bet Championship
Mar 11 2017 3:00PM : Fulham (H)
Sky Bet Championship
Mar 18 2017 3:00PM : Birmingham City (a)
Sky Bet Championship
Apr 1 2017 3:00PM : Wigan Athletic (H)
Sky Bet Championship

Vital Members League Table

RankNamePoints
1.Toon_NoMatterWot152
2.CuckFan114
3.PieMag106
4.Mcnamee6748
5.keggy_keagal41
6.billybobcat28
7.Finn_the_Dog25
8.daftladguy19
9.officemonkey19
10.McCreery17
Write for Vital Football