UK time is: 02:53:26
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 (oldest first)

Change to most recent first
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
Report Abuse
18/11/2006 23:27:00

 

Have Your Say

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

Recent Newcastle United Articles

Carver In Four Point Demand (Thursday April 30 2015)

Newcastle To Play USA Tournament (Wednesday April 29 2015)

Managerial Hot Air (Wednesday April 29 2015)

de Jong Calls For Ambition (Wednesday April 29 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. billybobcat 36
2. Finn_the_Dog 35
3. vin1892 26
4. BLACKBOB 18
5. OldLeazes 17
6. Toon_NoMatterWot 16
7. officemonkey 13
8. keggy_keagal 11
9. Rytoon 11
10. The Owl 11

League Table (view table)

Team P W D L GD Pts
12. Crystal Palace 35 11 9 15 -6 42
13. WBA 35 10 10 15 -13 40
14. Aston Villa 35 9 8 18 -21 35
15. Newcastle 35 9 8 18 -24 35
16. Hull City 34 8 10 16 -13 34
17. Leicester City 35 9 7 19 -15 34
18. Sunderland 34 6 15 13 -22 33

Breaking League News

'We Will Have a Serious Player On Our Hands'
Swansea : 03/05/2015 21:34:01
Man City : 03/05/2015 17:50:01
Champions - All Down to the Special One!
Chelsea : 03/05/2015 16:52:01
AUDIO: David De Gea / Gareth Bale
Man Utd : 03/05/2015 16:35:01
Drogba Makes it Four!
Chelsea : 03/05/2015 16:26:01

Current Site Poll (view all polls)

Leicester MotM
Suggested By:  Site Staff
Krul 0%
Janmaat 0%
Williamson 100%
Coloccini 0%
Dummett 0%
Colback 0%
Taylor 0%
Gutierrez 0%
Sissoko 0%
Perez 0%
Riviere 0%
Sub - de Jong 0%
Sub - Anita 0%
Sub - Armstrong 0%