Archive for tag: Owls.

Sheffield Owls fans hoot with derision as Geoff Sheard enters Toon farce.

August 25th, 2009 | 31 Comments |

Uncle Fester meets Collina?
Uncle Fester meets Collina?
North West sports businessman, Geoff Sheard has sensationally entered the race (if you could call it that) to buy Toon. Sheard was also involved in a unsuccessful bid to buy fellow struggling giant, Sheffield Wednesday in 2008.

Newcastle United’s Managing director, Derek Llambias gave some substance to the reports when he confirmed that Sheard is in contact with Seymour Pearce’s Keith Harris, who is brokering the sale. Llambias said:

“Geoff is dealing with Keith Harris and we are still waiting for proof of funds.”

However, the Sheffield bid was a long drawn out affair with no satisfactory conclusion, and it emerged that Sheard for merely a figurehead for other, secret interests, and was putting no money of his own into the bid. Darryl Keys, then chairman of ‘Wednesdayite’, a Sheff Wed fans group with a 10% share of the club said at the time (in terms eerily familiar to Newcastle supporters at present):

“The club can’t stay in limbo forever. We’ve had lots of assurances but no clarity or verifiable evidence that he can conclude the deal. (more…)