Vital Football

Latest Newcastle United News

Shepherd`s stance

Shepherd`s stance

In speculation by the Sunday Sun comes the news none of us wanted to hear. Freddie Shepherd has the possibility of launching his own buyout. With Mike Ashley`s stake at 41.6% he is still short of holding the key 50% number. The paper suggests Shepherd could attempt to buy 50% of the shares, forcing Ashley to sell his stake.

In my own eyes this would be the biggest disaster to ever befall Newcastle United. Here we stand on the brink of new direction, new money and a new future and the dividends hound is still gamely clinging on. Any buyout from Shepherd would mean the club mortgaged to the hilt, with the debt still existing. So much for having the best interests of Newcastle United at heart… Here`s the text anyway:

Shepherd is already within touching distance of the 30 per cent threshold which would oblige him to make an offer to buy all other shares. And it's reported he can count on being able to purchase low-key ally Len Hatton's 3.88 per cent stake at any time. If Shepherd then approached United's institutional investors - who own around 22 per cent of the club - with an offer in excess of 100p per share, he would almost boost his holding to well over 50 per cent and leave Ashley himself with little choice but to sell up.
Join Vital Newcastle United

It's easy to register for Vital Newcastle United, simply click the link and enjoy getting involved (you can even win prizes!) To visit the Vital Newcastle United message board, click here.

Get involved

This website is your website and we are looking for people to help run the site. Do you go to most of the games and have an opinion? Why not write a match report? Perhaps you are a budding journalist or even just someone who is very opinionated? Well why not join our team? If this interests you please contact Vital Newcastle.



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

Writer:Ross Molyneux
Date:Monday May 28 2007
Time: 9:33AM

Comments

0
oh jeez no. with you ross, fat freddie in total control spells disaster. time for fresh blood, not the continued problems.
Shearer#1
28/05/2007 14:13:00
0
We need that slate wiped clean. I think Ashley has decent intentions - you don't dump £55m down the drain.
BaldEagle
29/05/2007 12:24:00
Page 1/1
  1. 1

Login to post a comment

Recent Newcastle United Articles

Newcastle To Reveal Mbemba Diagnosis

News of the diagnosis should be revealed imminently.

Welcome To The Cheap Seats

As the song by The Wonder Stuff went.........

United Prepare For A Second Pre-Season.

Newcastle look forward to an 18 day break.

Toon Kids Suffer Another Defeat

The under 21's suffered another defeat last night

Archived TOTT Articles

TOTT articles from

Site Journalists

Ken Waugh
Profile
TNMW
Profile
Ian Smith
Profile
Rexn
Profile
BowburnMag
Profile

Current Poll (see more polls)

WBA MotM
Suggested By: Site Staff
Elliot9%
Janmaat5%
Taylor2%
Coloccini1%
Aarons2%
Shelvey18%
Tiote40%
Sissoko1%
Wijnaldum1%
Townsend5%
Mitrovic16%
Sub - Perez0%
Sub - Saivet0%
ScoopDragon Premier League Network Sites

League Table

# Team P W D L Pts. GD
1 Leicester City 25 15 8 2 53 20
2 Spurs 25 13 9 3 48 26
3 Arsenal 25 14 6 5 48 17
4 Man City 25 14 5 6 47 21
5 Man Utd 25 11 8 6 41 10
6 West Ham 25 10 9 6 39 9
7 Southampton 25 10 7 8 37 9
8 Everton 25 8 11 6 35 12
9 Liverpool 25 9 8 8 35 -4
10 Watford 25 9 6 10 33 0
11 Stoke 25 9 6 10 33 -7
12 Crystal Palace 25 9 5 11 32 -4
13 Chelsea 25 7 9 9 30 -2
14 WBA 25 7 8 10 29 -9
15 AFC Bournemouth 25 7 7 11 28 -12
16 Swansea 25 6 9 10 27 -9
17 Newcastle 25 6 6 13 24 -18
18 Norwich 25 6 5 14 23 -20
19 Sunderland 25 5 5 15 20 -19
20 Aston Villa 25 3 7 15 16 -20
Latest F1 News
Latest Vital Boxing News

Newcastle United Fixtures (view all)

Feb 13 2016 5:30PM : Chelsea (a)
Barclays Premier League
Feb 28 2016 12:00PM : Manchester City (H)
Barclays Premier League
Mar 2 2016 7:45PM : Stoke City (a)
Barclays Premier League
Mar 5 2016 3:00PM : AFC Bournemouth (H)
Barclays Premier League
Mar 14 2016 8:00PM : Leicester City (a)
Barclays Premier League
Mar 20 2016 1:30PM : Sunderland (H)
Barclays Premier League

Recent Newcastle United Results (view all)

Vital Members League Table

RankNamePoints
1.Toon_NoMatterWot64
2.BLACKBOB30
3.billybobcat24
4.keggy_keagal23
5.officemonkey20
6.Mcnamee6714
7.Sir Laz13
8.The Owl13
9.daftladguy8
10.crooktownmags6