Archive for tag: Steve McMahon.

Newcastle United – News Roundup – 29 July 2009.

July 29th, 2009 | 36 Comments |

McMahon gobs off
McMahon gobs off
A lot of the papers have picked up on The Profitable Group withdrawing their interest in the club. The Telegraph quotes Steve McMahon as follows:

“We have pulled out. How long can you keep hanging on?

“We have put a bid in and we have had no communication, no response – nothing.

“It really is poor form from Newcastle, but if that’s the way they want to run their business, good luck to them.”

There were some suggestions that The Profitable Group had not demonstrated their ability to pay the £100m that Ashley wanted, but McMahon refuted this:

“That is completely inaccurate.

“I just feel sorry for the supporters – they deserve much, much better. They deserve to know what is going on.

“We wanted to come in and turn the club round because it clearly needs something at the minute.” (more…)