UK time is: 00:56:39
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

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

Belgravia Set For Move

The Belgravia Group are finally ready for action.

Sporting Life: 'The Jersey-based investment group is preparing a 235million swoop which will involve a lucrative property deal and up to 7,000 jobs.

However, it is understood that no offer is imminent, although the chances of one being put on the table sooner rather than later are increasing all the time'.

A spokesman for Belgravia said: 'We are still in negotiations, but no formal offer has been made and we do not comment on press speculation.'

There have even been suggestions that Shepherd could launch his own takeover after gradually increasing his stake to take him close to the 30 per cent threshold at which he would have to make an offer to the remaining shareholders.



If the total value of the project did amount to 235million, it is understood while that would mean a sizeable dividend for shareholders, it would also include the budget for whatever investment the new owners saw necessary in order to revive the club's fortunes.

Isle of man-based equity fund Northcote (IOM) Ltd - Kapena Fund, bought 1,475,000 shares at 72.8p on Wednesday, costing a total of 1,073,800, but insisted their purchase was not part of a takeover bid.




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:Friday November 17 2006

Time: 4:31PM

Your Comments

could be the long term investment factor that will make this seem appealing to the fan base.....would help to get you back on track ......
ernshaw
 

Have Your Say

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

Recent Articles

Pardew A Symptom Of The Ashley Era (Thursday April 24 2014)

NUFC Summer Uncertainty (Thursday April 24 2014)

Ashamed of Newcastle United (Sunday April 20 2014)

NUFC v Swansea Match Thread (Saturday April 19 2014)

Possible NUFC Line Up v Swansea (Saturday April 19 2014)

Systematic (Thursday April 17 2014)

Pardew Defence League (Thursday April 17 2014)

The NUFC Gospel According To Tyler (Wednesday April 16 2014)

From Fortress To F*ck This (Tuesday April 15 2014)

Sacking form? Pardew v Press (Tuesday April 15 2014)

Archived Articles

List All TOTT Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. officemonkey 329
2. Toon_NoMatterWot 267
3. Rexn 266
4. BLACKBOB 216
5. Platinii 182
6. OldLeazes 178
7. ukrocks0007 139
8. nufc_carl88 122
9. thecorner 118
10. Chief_Brody 117

League Results (view all)

League Table (view table)

Team P W D L GD Pts
6. Spurs 35 19 6 10 2 63
7. Man Utd 34 17 6 11 16 57
8. Southampton 35 13 10 12 5 49
9. Newcastle 35 14 4 17 -15 46
10. Stoke 35 11 11 13 -10 44
11. Crystal Palace 35 13 4 18 -13 43
12. West Ham 35 10 7 18 -10 37

Breaking League News

Michu Set To Miss Aston Villa Game
Swansea : 24/04/2014 22:58:00
Mel Not Phased By The Pressure
WBA : 24/04/2014 21:16:00
West Ham Injury News For Albion
WBA : 24/04/2014 21:10:00
Jedinak - We Won't Relax Off
Crystal Palace : 24/04/2014 20:56:00
Pulis Now Looking To The Future
Crystal Palace : 24/04/2014 20:51:00
We Need Mutch Belief, Not Fear
Cardiff : 24/04/2014 20:26:00
Lambert Confirms What You All Thought About Me
Aston Villa : 24/04/2014 20:00:00

Current Site Poll (view all polls)

Are we stronger than when we finished 5th?
Suggested By:  TNMW
Yes, there's absolutely no doubt we are 20%
Divvent be stupid man, what planet yee from? 80%