UK time is: 20:05:41
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

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

North-East Toon Take Over?

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?





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:Monday October 9 2006

Time: 1:07PM

Your Comments (oldest first)

Change to most recent first
money does talk but I hope that Newcastle being the club they are try and stave off foreign interest !! try and keep it local !!
dazednconfuzed
Report Abuse
09/10/2006 13:14:00

Yep me to. Does he mean north eastern europe or north eastern England which is where you are?
jono_forest
Report Abuse
09/10/2006 18:50:00

Would be good for you guys if Sheppard stepped aside.
Cravens
Report Abuse
10/10/2006 04:13:00

We need him to step aside. People go on about how much of a mess he has made; but we are still currently in the most successful period of recent decades, so he can't have done that badly. That isn't to say he couldn't have done a whole lot better... Yes, I think it's time for some fresh blood in the boardroom.
arctoa
Report Abuse
10/10/2006 09:35:00

come on sheppard sell you had taken us as far as you could the year we got to the second phase of the champions league, you should have sold b4 the start of the season
paulr3062
Report Abuse
18/10/2006 13:50:00

 

Have Your Say

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

Recent Newcastle United Articles

Ashley's Made Newcastle Boring (Sunday April 19 2015)

Stats: Newcastle v Tottenham (Sunday April 19 2015)

De Jong Back For Tottenham? (Friday April 17 2015)

Aarons Not Out For The Season? (Friday April 17 2015)

Carver On 34million Summer (Friday April 17 2015)

Archived Newcastle United Articles

List All TOTT Articles
Have your say
Click here to suggest an article
Click here to suggest a poll
ScoopDragon Premier League Network Sites

Vital Members League (view all)

1. Toon_NoMatterWot 109
2. BLACKBOB 27 101
3. officemonkey 91
4. OldLeazes 90
5. billybobcat 78
6. keggy_keagal 63
7. Hugo45Viana 61
8. Finn_the_Dog 43
9. vin1892 42
10. VitalToon 34

League Table (view table)

Team P W D L GD Pts
11. Crystal Palace 33 11 9 13 -3 42
12. Everton 33 10 11 12 -2 41
13. WBA 33 9 9 15 -14 36
14. Newcastle 33 9 8 16 -20 35
15. Aston Villa 33 8 8 17 -21 32
16. Sunderland 32 5 14 13 -23 29
17. Hull City 32 6 10 16 -16 28

Breaking League News

Carver - We're In A Relegation Battle
Newcastle : 19/04/2015 20:00:00
Ashley's Made Newcastle Boring
Newcastle : 19/04/2015 19:52:01
Delph On Wembley Skipper Honour
Aston Villa : 19/04/2015 19:31:01
Baker Out For The Campaign
Aston Villa : 19/04/2015 19:25:00
Sherwood Elated With Liverpool Win
Aston Villa : 19/04/2015 19:20:01

Current Site Poll (view all polls)

Tottenham MotM
Suggested By:  Site Staff
Krul 0%
Janmaat 0%
Williamson 0%
Coloccini 0%
Anita 0%
Abeid 0%
Taylor 0%
Colback 0%
Gouffran 0%
Perez 0%
Cabella 0%
Sub - Ameobi 0%
Sub - Obertan 0%
Sub - Armstrong 0%