Guest sicko2ndbest Posted August 25, 2009 Share Posted August 25, 2009 http://www.chroniclelive.co.uk/north-east-news/todays-evening-chronicle/2009/08/25/us-backing-for-toon-buyer-bid-72703-24526575/ THE man who sold Newcastle United their first Premier League kit is hoping to become the new owner of the Magpies. The Chronicle was today alerted to an official and recent approach from Geoff Sheard, who failed in a bid to take over Sheffield Wednesday last season. Sheard is spearheading a North West-based consortium’s bid, which is understood to be backed by a renowned American company with a big interest in sport. It is believed Sheard, who was also linked with a move with United last February after Mike Ashley had removed Newcastle from the market, would appoint Alan Shearer as manager if he was successful in his bid. Sources close to Sheard also suggest the American company backing his bid also have sufficient funds to support the Magpies in the transfer market. But time is running out on that score, with a week to go before the window shuts. United’s managing director Derek Llambias told the Chronicle: "Geoff is dealing with Keith Harris and we are still waiting for proof of funds." Newcastle yesterday confirmed that Tyneside businessman Barry Moat is also in the running, albeit under pressure from a one-week deadline issued by Mike Ashley, and it is understood that Sheard responded to a request by Seymour Pierce to deposit the required amount into a lawyer’s client account. A source close to Sheard said today: "He’s keen to run a football club. "It didn’t work out when he tried to take over Sheffield Wednesday but feels he has something to offer Newcastle. "He’s got serious backing and is in negotiations with Seymour Pierce." Sheard’s first link with the Magpies was in 1993 during the Sir John Hall era at St James’s, when he worked on the sales team for sportswear brand Asics, who provided Newcastle with their first kit in the newly-formed Premier League. Like current owner Ashley, Sheard also has experience of running sports shops. He oversaw the running of Preston North End’s club shop in the ’90s with the Deepdale side having several small outlets in the Lancashire town. He then worked as a consultant for Sockatyes, who provide sock tie-ups to professional clubs. Sheard is thought to have a wide range of contacts in the game and is well-connected with clubs on a global scale, including a clutch of sides in the US in Major League Soccer. Sheard is based in Lancaster and lives in a restored barnhouse in Nether Kellet. Despite his bid for Sheff Wed, he is understood to be a boyhood fan of tomorrow night’s Carling Cup opponents Huddersfield. When United was taken off the market in January, it emerged weeks later that Sheard had been linked with buying United amid claims he was seeking to bring David Beckham, then on loan to AC Milan from LA Galaxy, to St James’s as part of a deal. Link to post Share on other sites More sharing options...
Guest thefishman Posted August 25, 2009 Share Posted August 25, 2009 David Craig has just said on SSN that a guy called Jeff Shears is negotiating with Seymour Pierce. I want jeff shears in! Start a campaign FFS! Link to post Share on other sites More sharing options...
Guest sicko2ndbest Posted August 25, 2009 Share Posted August 25, 2009 Substantial funds from Yanks with an interest in and used to running sports teams Link to post Share on other sites More sharing options...
thomas Posted August 25, 2009 Share Posted August 25, 2009 Even at the 11th fucking hour it's never easy with us. I'd planned on getting some work done today too :\. Link to post Share on other sites More sharing options...
mouldy_uk Posted August 25, 2009 Share Posted August 25, 2009 A new name the plot thickens.... This is better than any soap opera, it's almost like it's all scipted Link to post Share on other sites More sharing options...
Parky Posted August 25, 2009 Share Posted August 25, 2009 "Shall we release the probe droids master?" Link to post Share on other sites More sharing options...
manorpark Posted August 25, 2009 Share Posted August 25, 2009 http://www.chroniclelive.co.uk/north-east-news/todays-evening-chronicle/2009/08/25/us-backing-for-toon-buyer-bid-72703-24526575/ THE man who sold Newcastle United their first Premier League kit is hoping to become the new owner of the Magpies. The Chronicle was today alerted to an official and recent approach from Geoff Sheard, who failed in a bid to take over Sheffield Wednesday last season. Sheard is spearheading a North West-based consortium’s bid, which is understood to be backed by a renowned American company with a big interest in sport. It is believed Sheard, who was also linked with a move with United last February after Mike Ashley had removed Newcastle from the market, would appoint Alan Shearer as manager if he was successful in his bid. Sources close to Sheard also suggest the American company backing his bid also have sufficient funds to support the Magpies in the transfer market. But time is running out on that score, with a week to go before the window shuts. United’s managing director Derek Llambias told the Chronicle: "Geoff is dealing with Keith Harris and we are still waiting for proof of funds." Newcastle yesterday confirmed that Tyneside businessman Barry Moat is also in the running, albeit under pressure from a one-week deadline issued by Mike Ashley, and it is understood that Sheard responded to a request by Seymour Pierce to deposit the required amount into a lawyer’s client account. A source close to Sheard said today: "He’s keen to run a football club. "It didn’t work out when he tried to take over Sheffield Wednesday but feels he has something to offer Newcastle. "He’s got serious backing and is in negotiations with Seymour Pierce." Sheard’s first link with the Magpies was in 1993 during the Sir John Hall era at St James’s, when he worked on the sales team for sportswear brand Asics, who provided Newcastle with their first kit in the newly-formed Premier League. Like current owner Ashley, Sheard also has experience of running sports shops. He oversaw the running of Preston North End’s club shop in the ’90s with the Deepdale side having several small outlets in the Lancashire town. He then worked as a consultant for Sockatyes, who provide sock tie-ups to professional clubs. Sheard is thought to have a wide range of contacts in the game and is well-connected with clubs on a global scale, including a clutch of sides in the US in Major League Soccer. Sheard is based in Lancaster and lives in a restored barnhouse in Nether Kellet. Despite his bid for Sheff Wed, he is understood to be a boyhood fan of tomorrow night’s Carling Cup opponents Huddersfield. When United was taken off the market in January, it emerged weeks later that Sheard had been linked with buying United amid claims he was seeking to bring David Beckham, then on loan to AC Milan from LA Galaxy, to St James’s as part of a deal. If they are seriously interested (and have enough backing/money) WHERE have they been all summer? Link to post Share on other sites More sharing options...
Ash Posted August 25, 2009 Share Posted August 25, 2009 Looks like Redheugh was right afterall. Link to post Share on other sites More sharing options...
Dave Posted August 25, 2009 Share Posted August 25, 2009 If they are seriously interested (and have enough backing/money) WHERE have they been all summer? First thing I thought. Fuck 'em, Moat in. Link to post Share on other sites More sharing options...
Dr.Spaceman Posted August 25, 2009 Share Posted August 25, 2009 If they are seriously interested (and have enough backing/money) WHERE have they been all summer? First thing I thought. Fuck 'em, Moat in. What about this confidentiality thing. Maybe they have been sniffing around Llambias' hoop for the past couple of months. Link to post Share on other sites More sharing options...
Guest Pedro_de_geordieo Posted August 25, 2009 Share Posted August 25, 2009 Redheugh is ITK!!! Link to post Share on other sites More sharing options...
Dave Posted August 25, 2009 Share Posted August 25, 2009 There will be no announcement today, other than talks are on going with Moat and a North-West based consortium who will be performing DD this week after giving the relevant financial information over the last weekend That's either one hell of a guess or I duly apologise. Link to post Share on other sites More sharing options...
Frazzle Posted August 25, 2009 Share Posted August 25, 2009 From Billy Bass to sockties. Bring in the big bucks! Link to post Share on other sites More sharing options...
chicago_shearer Posted August 25, 2009 Share Posted August 25, 2009 So if they haven't provided proof of funds yet, then he hopes to complete in seven days what it took Moat the entire summer to do? Link to post Share on other sites More sharing options...
manorpark Posted August 25, 2009 Share Posted August 25, 2009 If they are seriously interested (and have enough backing/money) WHERE have they been all summer? First thing I thought. f*** 'em, Moat in. What about this confidentiality thing. Maybe they have been sniffing around Llambias' hoop for the past couple of months. and so (suddenly) it's a 'no confidentiality' thing then? Link to post Share on other sites More sharing options...
Guest Posted August 25, 2009 Share Posted August 25, 2009 Sounds a lot more promising than Moat. If they can wrap it up quickly then brilliant. Link to post Share on other sites More sharing options...
Guest sicko2ndbest Posted August 25, 2009 Share Posted August 25, 2009 Redheugh, where are you, i love you, tell me more Link to post Share on other sites More sharing options...
Frazzle Posted August 25, 2009 Share Posted August 25, 2009 So if they haven't provided proof of funds yet, then he hopes to complete in seven days what it took Moat the entire summer to do? Maybe they'll offer £100 outright and seal the deal straight away? Dunno, I don't know how these things work tbh. Link to post Share on other sites More sharing options...
LoveItIfWeBeatU Posted August 25, 2009 Share Posted August 25, 2009 If they are seriously interested (and have enough backing/money) WHERE have they been all summer? First thing I thought. Fuck 'em, Moat in. It's like an Ebay auction. They've been waiting until the last second then BAM! In with a last second bid. Link to post Share on other sites More sharing options...
Guest Roger Kint Posted August 25, 2009 Share Posted August 25, 2009 From Billy Bass to sockties. Bring in the big bucks! Brilliant way to ignore the actual story Link to post Share on other sites More sharing options...
Dave Posted August 25, 2009 Share Posted August 25, 2009 So if they haven't provided proof of funds yet, then he hopes to complete in seven days what it took Moat the entire summer to do? Maybe they'll offer £100 outright and seal the deal straight away? Dunno, I don't know how these things work tbh. Fuck it, I'm going to buy it myself at that price. I know, I know - it's very expensive but I can just about afford it if I sell the car. Link to post Share on other sites More sharing options...
TRon Posted August 25, 2009 Share Posted August 25, 2009 If they are seriously interested (and have enough backing/money) WHERE have they been all summer? First thing I thought. Fuck 'em, Moat in. First thing that came to my kind as well. Stump up the cash quickly or fuck off basically. Link to post Share on other sites More sharing options...
Guest The Libertine Posted August 25, 2009 Share Posted August 25, 2009 There will be no announcement today, other than talks are on going with Moat and a North-West based consortium who will be performing DD this week after giving the relevant financial information over the last weekend Can I just point out for the benefit of everyone else that this chap posts on Toontastic and pretends he knows anything on there too. Link to post Share on other sites More sharing options...
Guest Pedro_de_geordieo Posted August 25, 2009 Share Posted August 25, 2009 Look forget this confidentiallity shit, or maybe he's been in the running for a while? who cares? Maybe he's been waiting for the Yanks to transfer 100m in to his account? who cares? The main thing is that he has already (acording tto the ron) deposited funds in to an account of SP!! Link to post Share on other sites More sharing options...
Dave Posted August 25, 2009 Share Posted August 25, 2009 There will be no announcement today, other than talks are on going with Moat and a North-West based consortium who will be performing DD this week after giving the relevant financial information over the last weekend Can I just point out for the benefit of everyone else that this chap posts on Toontastic and pretends he knows anything on there too. I already apologised. Link to post Share on other sites More sharing options...
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