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Two "Big Money" Consortia to approach NUFC


Guest Gallowgate Mag

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Sorry, i scanned for Shepherd threads and the one with his name in it didnt have this story in. Just seen the '2 big consortia' thread.

 

As a big fan of Shepherd though and an erstwhile defender of the big man's ambitious growth policies, i'm delighted that he is in the frame.

 

:lol:

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Former Newcastle chairman Freddy Shepherd has told Sky Sports News he has already been approached by two consortiums interested in taking over at St James' Park.

 

Mike Ashley's decision to put the club up for sale, amid vociferous criticism from the club's supporters over the departure of Kevin Keegan, has already alerted a number of consortiums weighing up a takeover.

 

Sports Direct owner Ashley bought a 93 per cent share of the club for £134.4million in May 2007 but his regime has been beset by problems.

 

Shepherd claims two separate 'big-money players' have approached him; although he will not be lending his name to their possible bids.

Two consortiums

 

"There are people who would buy that club, there is no doubt about that," he told Sky Sports News.

 

"I've been approached by two consortiums to add my name to it. I didn't fancy adding my name to the consortiums that were offered to me, but there are always people who would buy that club."

 

When quizzed on whether he would ever consider returning to his boyhood club Shepherd remained coy, although he did state he was firmly in favour of reinstating Keegan as manager.

 

He said: "One thing I've learnt is never say never.

 

"I'd take a bet we haven't heard the last of Kevin Keegan. I would definitely bring Kevin back, he's the right man for the job.

 

"It's entirely up to Mike Ashley. When I worked with Kevin he used to identify the players and put a value on them and we used to try and get the money to buy the players. We didn't try to get involved in judging the player - it was left to Kevin."

 

Failed set-up

 

Shepherd believes the infrastructure at Newcastle, set up by Ashley to have Dennis Wise oversee all of the club's transfers, has not worked out and needs dramatically modifying.

 

He continued: "Nobody wants to see what's happened but I think the way the club has been structured has not worked for Newcastle.

 

"It's a fantastic club, it's got everything there, a great training ground, as everybody said it's got great fans and the team must be wondering what's going on - it's certainly affecting them.

 

"I think the position needs to be calmed, it needs to be stabilised. There is far too much emotion running around."

 

Stinging rebuke

 

Ashley's criticism of the financial situation he inherited upon buying the club did not sit well with Shepherd either.

 

"To get back to what he paid for the club, he got us for the right price. He couldn't even build half the stadium for what he paid for that club. He got a great deal," Shepherd concluded.

 

"As far as the money is concerned I think he should take the advice he gave to Sports Direct shareholders: 'Don't be cry babies'.

 

"He seems to be whinging now about the money, well if I was a Sports Direct shareholder I'd be whinging about the money as well. He should take his own advice. The debt he had to pay was if you like, the mortgage on the ground."

http://www.skysports.com/story/0,19528,11678_4147056,00.html

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Shepherd talks about not trying to do any business over KK's back, but he forgets to mention trying to sell Bowyer to Spurs for nothing and Shearer to Liverpool for £3m without Sir Bobby's say so. He's just as bad as Ashley.

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Shepherd talks about not trying to do any business over KK's back, but he forgets to mention trying to sell Bowyer to Spurs for nothing and Shearer to Liverpool for £3m without Sir Bobby's say so. He's just as bad as Ashley.

 

he actually consulted Bobby on the Shearer offer tbh, according to Sir Bob's autoboigraphy anyway

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Shepherd talks about not trying to do any business over KK's back, but he forgets to mention trying to sell Bowyer to Spurs for nothing and Shearer to Liverpool for £3m without Sir Bobby's say so. He's just as bad as Ashley.

 

Aye like someone else said, he was consulted of the Shearer thing. However as a replacement may i offer you selling Gary Speed behing SBR's back?

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I heard that blathering idiot Shepherd saying that whoever buys Newcastle should re-instate Keegan as manager. That's rich considering he was astounded when Ashley appointed him. FS could hardly wait to let the press know how he still posessed five resignation letters from his time with the petulant Keegers.

 

I can guarantee one thing, if Fat Fred was in charge, Keegan wouldn't come back in a month of Sundays.

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Guest optimistic nit

Will be hilarious if we get him back.

 

It would be no laughing matter.

 

Some might say that it's better the devil you know...

 

Not me, by the way. Well, not in this case.

 

 

not got much optimism regarding our potential to attract worthy investors then?

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Will be hilarious if we get him back.

 

It would be no laughing matter.

 

Some might say that it's better the devil you know...

 

Not me, by the way. Well, not in this case.

 

 

not got much optimism regarding our potential to attract worthy investors then?

 

No

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