Skirge Posted January 7, 2009 Share Posted January 7, 2009 American group to place takeover bid on Newcastle 7 Jan, 09 English Newcastle United is awaiting a takeover offer for the club from a consortium in New York, reportes the Sunday Mirror. This is regardless of the fact that owner Mike Ashley removed the club from the market after not being able to bring in offers at GBP 250 million. The New York-based sports management group plan to bid near GBP 180 million for the club, provided Newcastle is not relegated. The club's league status will determine whether or not the bid will stay at this amount, or drop down closer to GBP 134 million, which was Ashley's original purchase price for the club. Newcastle United's status will be set by May. The interested party is interested, but will postpone an official bid until the status of the club can be determined. Joe Kinnear will continue to stand in as manager until the end of the season. http://www.eufootball.biz/Clubs/6576-american_group_takeover_newcastle.html Link to post Share on other sites More sharing options...
oldtype Posted January 7, 2009 Share Posted January 7, 2009 Mirror obviously needed to fill a slot on their paper so they used one of their stock rumor stories. Link to post Share on other sites More sharing options...
J7 Posted January 7, 2009 Share Posted January 7, 2009 "The interested party is interested" Interesting. Link to post Share on other sites More sharing options...
biggs Posted January 7, 2009 Share Posted January 7, 2009 Imho Ashley will not sell and make a loss on his investment, more lets fill the pages with crap about the toon. Link to post Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now