Vital Football

Latest Newcastle United News

Takeover - offer made!

Takeover - offer made!

Bit of a shock at Vital Towers this afternoon as billionaire businessman Mike Ashley revealed he has bought club president Sir John Hall`s shareholding for £55m. Overall he has 41.6% of the club and has made an 100p a share offer for the club, valuing it at £133m.

Whether Freddie will take the bait, so shortly after proclaiming the club 'not for sale` is under debate but it seems he doesn`t have much choice as in 8.5% Ashley will have majority control of the club.

Transfer funds will hopefully rise to keep us at the level of the so-called 'Big 4` and maybe it`ll mean an end to the debt problem. Either way it`s livened up a very slow day in Toon World.

Click here to join in the debate on the club forum.

Writer:Ross Molyneux
Date:Wednesday May 23 2007
Time: 3:09PM


Interesting times for the toon. Don't know much about Ashley but in the modern Prem world seems you have to be owned by a billionaire to be fashionable!
24/05/2007 09:40:00
Page 1/1
  1. 1

Login to post a comment

Recent Newcastle United Articles

Pre Arsenal Thoughts For Rafa & NUFC

With takeover talk providing the main talking point, we could be forgiven for taking one eye off the ball

Shelvey To Serve A Suspension This Week - 15/12/17

Newcastle United's Jonjo Shelvey will be out of action this week as he serves an automatic suspension.

Not Something You See Very Often - A Clear Injury Table

Our weekly update looking at the injury table for Newcastle United and also comparing with all our competitors in the Premier League.

Trust The Key Word Regarding Rafa

Amidst a backdrop of all sorts of off the pitch politics dominating things as always on Tyneside

Newcastle United Archived Articles

TOTT articles from

Site Journalists

Editor email

Current Poll (see more polls)

How Many Players Do NUFC Need To Survive Next Season?
Suggested By: Talk of the Tyne
4 or 542%
6 or 729%
More than 713%
ScoopDragon Premier League Network Sites
Write for Vital Football
Latest F1 News
Latest Vital Boxing News
The Vital Football Members League

Recent Newcastle United Results (view all)

Newcastle United Fixtures (view all)

Vital Members League Table

6.The Pyrry35
7.The Owl30
Vital Football Comment