The Telegraph are reporting today that a takeover bid, led by Tyneside businessman Barry Moat is close to completion. Unfortunately, there are no sources or quotes that are directly attributable to anyone, so we have to consider this latest piece of ‘news’ regarding Newcastle’s takeover like we have done with all the other ‘close to […]
Takeover News
Barry Moat Given Extended Deadline for Takeover Deal
Potential Newcastle United owner Barry Moat has been given an extended deadline by current Chairman Mike Ashley, as the Tyneside businessmen is in talks with Barclays bank to secure enough funding. A club statement from the official site reads as follows: NEWCASTLE United Football Club confirms that it has extended its deadline to Barry Moat […]
NUFC Takeover News Latest
It seems as if the past eight weeks have meant nothing to Mike Ashley and Derek Llambias. Newcastle United means something to us, with the consistent “we’re confident something will happen next week” bollocks it appears that this fine football club means less than dirt to those in charge at St. James Park. Llambias, Newcastle’s […]
Newcastle United Takeover News: Nowt Confirmed Yet
The Daily Mail are reporting today that should Barry Moat’s bid to takeover Newcastle United be accepted, then Alan Shearer could be re-instated as the Toon’s manager “within days”. Mike Ashley, who is said to be flying back from Hawaii to discuss Moat’s bid, is due in London to meet with Keith Harris of Seymour […]
Takeover Saga Continues for NUFC
One of the front runners in line to buy Newcastle United have today withdrawn their interest. The Profitable Group, represented by Steve McMahon, were alleged by some to just be drawing up publicity and any serious involvement by them was met with skepticism by supporters. However, there are some reports that they could not prove […]