Date:Monday October 9 2006
According to the Sunday Sun, chairman Freddy Shepherd WOULD consider selling his shares in the club, but only to a North East-based consortium.
The Belgravia Group have been linked with a proposed £100m bid. However, a 'source close to the club' has dismissed suggestions that Shepherd would sell.
The source said: 'Freddy Shepherd and the Newcastle United Plc board are not in talks with Belgravia. Neither has anyone made an offer for the Shepherd shares.
'If a bid had been submitted, it would have to be declared to the Stock Exchange. And Shepherd has heard nothing since Belgravia's interest in Sir John Hall's shares was made public.
'Shepherd accepts that every club has its price and, as a Plc, if an offer did come in it must be put to the shareholders. He does not want to sell, but if he ever had to, he would want to make sure that it was the right people coming in and that they understood the business.
'The chairman lives in Newcastle and knows what the football club means to the community on Tyneside. Ideally, he would like the ownership of the club to remain in the North East with people who understand the region.'
I'm sure Manchester Utd would have 'liked' the new owners to come from Manchester rather than the Sates, and Chelsea would prefer a London consortium. But money talks, and if the bid lines Freddy's pocket, is he seriously THAT concerned where it comes from?
No McClaren Reunion With Downing (Tuesday June 30 2015)
Ameobi 'Move' Creates Excitement (Monday June 29 2015)
Cathro Confirmation (Monday June 29 2015)
Mitrovic To Sign Or Lazy Journalism? (Friday June 26 2015)
Abdennour's A Non-Starter (Thursday June 25 2015)
Coaching Line Up Expected To Be Announced (Thursday June 25 2015)
Newcastle Utd Away Ticket Deals Praised By FSF (Thursday June 25 2015)
Redknapp Talks NUFC (Wednesday June 24 2015)
More Smoke And Mirrors (Wednesday June 24 2015)
Janmaat Wants Home Improvements (Tuesday June 23 2015)
|9. Man City||0||0||0||0||0||0|
|10. Man Utd||0||0||0||0||0||0|
|El Hadji Ba Completes Charlton Move
» Sunderland : 30/06/2015 15:19:00
|Liverpool: Coaching Appointments Imminent
» Liverpool : 30/06/2015 14:42:00
|Jones Signs New Deal
» Man Utd : 30/06/2015 12:57:00
|United Schneiderlin Shock
» Man Utd : 30/06/2015 12:55:00
|United and Madrid Stalemate!
» Man Utd : 30/06/2015 12:53:01