Moat still in the runningVarious media outlets are reporting that the takeover saga at Newcastle United is rapidly approaching its conclusion.
The Telegraph’s ‘source close to the board’ said:
“There are three parties now interested in buying the club from Mike Ashley of which Barry Moat is one and one thing in common for all of them is that the asking price is £100 million all ways round.
“Moat can now be considered as the outsider of three but if the business is not concluded by Friday then there is a problem and there is a good chance the club will be taken off the market.”
So from that report it seems that Moat’s chances aren’t too good. (more…)
Third coming or nonsense?The Sun is reporting (also on Sky) that some gadgie called Sirous Mahjoob might take over Newcastle United and install Kevin Keegan as manager. Again.
In the ‘news’ as scribed by The Sun, Llambias said:
“We are dealing with several people and giving most of our time and attention to the sale.
“You must remember that some parties make offers but when it comes to putting up proof of funds they are a long way from sealing a deal.
“But I can say we are very close to completing a deal and it could happen next week.”
Which is good news I suppose. Llambias then goes on to say why it’s foolhardy to employ a permanent manager at the moment:
“It’s Catch 22 – anyone who signs a deal will want their own choice of manager.
“Look what happened when Mike took over, Sam Allardyce was already in place and he didn’t want him.”
Then there’s a report from someone said to be a spokesman for Sirous Mahjoob: (more…)
Shearer scores but still in limbo.Today I can begin with some good news. England beat Germany 3-2 to win the Sir Bobby Robson Trophy with goals coming from Les Ferdinand, Alan Thompson and Alan Shearer. The night, however, belonged to Sir Bobby Robson and his cancer research foundation to which the proceeds of the game were donated. Sir Bobby is, and forever will be, a shining example of the good side of football.
Alas I must now move on to less celebratory news. Shearer has spoken of his frustration about the current situation at Newcastle United, saying:
“I am the same as everyone else, I am in limbo – I don’t know what is going on.
“I know as much as you. I would dearly love it to be sorted out one way or the other then the club can move forward.
“Everyone is telling me there are people in to buy the club. If that is the case, then great.”
He was also keen to dispel rumours that he’s close to walking away from things:
“I don’t know where that’s come from, it’s certainly not from myself. I want it sorted out as quickly as everyone else does.
“I’m a fan like everyone else and I don’t like to see the situation the club is in.” (more…)
Biting his tongue?Does anyone really know what’s going at St James’? According to Big Al’s big pal, Rob Lee, even he hasn’t a clue.
Talking to the press, Rob had this to say:
“I speak to Alan every day and he’s frustrated to say the least. He’s coming to the end of his tether now. He’s waited for ages and been told that things were due to happen, but nothing has and he’s very frustrated.
“He organised all the pre-season games at the end of last season but he also had targets in mind that he wanted to bring in to the club. Now it looks like he will miss out on them.
“I’m amazed he hasn’t already told Newcastle that he doesn’t want the job any more, but there will come a point where he says, ‘You’re too late’.
“He still wants the job desperately but you can’t expect someone like that to wait forever. He’s not daft and they’ve had ample time to sort something out. (more…)
Llambias: 'More than two bids at £100m'Derek Llambias has informed local rag, the Evening Chronicle that “more than two bids at £100m” have been received for Newcastle United, and insisted that the price for the club was never going to be less. He added:
“At the moment we are in the hands of lawyers and it is all ongoing.
“We are giving interested parties all the help that they need.”
Of course, Llambias did not reveal the identity of the bidders, as this would almost certainly breach the protocol of the sale process.
The Chronic also reported that Llambias has once again pooh-poohed the credentials of highly questionable Singaporean land bankers, “The Profitable Group” as serious bidders for the club. However they report that “The talk in the capital today was that the group, who have former England man Steve McMahon on board, had put in a bid on Friday”. (more…)
