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

Best of Vital Network

Vital Boxing - Ingle Talks Brook

Recent Newcastle United Articles

Atsu Confirmed As First Summer Deal

Newcastle eventually confirmed the news that we all knew.

United Pair Miss Out On Crucial Qualifier

Scotland announced their squad for their upcoming World Cup Qualifier against England

Attentions Turn To NUFC Planning

Another training camp in Ireland may be in the works.

Mitrovic Call Up

Aleksandar Mitrovic has been called up by Serbia

Archived TOTT Articles

TOTT articles from

Site Journalists

TNMW
Editor email
Profile

Current Poll (see more polls)

How Many Players Do NUFC Need To Survive Next Season?
Suggested By: Talk of the Tyne
None2%
1-31%
4 or 531%
6 or 742%
More than 724%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
C Newcastle 46 29 7 10 94 45
P Brighton 46 28 9 9 93 34
3 Reading 46 26 7 13 85 4
4 Sheff Wed 46 24 9 13 81 15
5 Huddersfield 46 25 6 15 81 -2
6 Fulham 46 22 14 10 80 28
7 Leeds Utd 46 22 9 15 75 14
8 Norwich 46 20 10 16 70 16
9 Derby County 46 18 13 15 67 4
10 Brentford 46 18 10 18 64 10
11 Preston 46 16 14 16 62 1
12 Cardiff 46 17 11 18 62 -1
13 Aston Villa 46 16 14 16 62 -1
14 Barnsley 46 15 13 18 58 -3
15 Wolves 46 16 10 20 58 -4
16 Ipswich 46 13 16 17 55 -10
17 Bristol City 46 15 9 22 54 -6
18 Q.P.R. 46 15 8 23 53 -14
19 Birmingham 46 13 14 19 53 -19
20 Burton 46 13 13 20 52 -14
21 Forest 46 14 9 23 51 -10
R Blackburn 46 12 15 19 51 -12
R Wigan 46 10 12 24 42 -17
R Rotherham 46 5 8 33 23 -58
The Vital Football Members League
Latest F1 News
Latest Vital Boxing News
Vital Football Comment

Recent Newcastle United Results (view all)

Newcastle United Fixtures (view all)

Vital Members League Table

RankNamePoints
1.Toon_NoMatterWot118
2.CuckFan76
3.keggy_keagal52
4.PieMag47
5.billybobcat27
6.Mcnamee6720
7.McCreery18
8.Rytoon17
9.Neppos16
10.The Pyrry12
Write for Vital Football