Takeover News

Newcastle United takeover fakeover news. Hopefully there’ll be celebratory #cans in the near future.

derek llambias resigns as managing director of newcastle united

Derek Llambias: “We Really Don’t Want to Rename St. James’s Park”

The Journal today published an article with quotes attributed to none other than our favorite cockney geezer, Derek Llambias. With most sane Newcastle fans venting fury at the clubs efforts to sell naming rights to St. James’s Park next season, the club appear to be trying to alleviate some of the damage. Llambias, when speaking […]

Mike Ashley Takes Newcastle United off the Market

Just when we thought things couldn’t get any worse, news tonight emanating from St. James Park is that Mike Ashley has removed Newcastle United from the market and the club is no longer for sale. Here is the press release in full from the club’s official website: NEWCASTLE United are delighted to announce that Chris […]

Newcastle United Price Drops to £80 Million

Mike Ashley, Newcastle United’s much maligned owner has dropped the price of the club to £80 million. Ashley has given Barry Moat one more week to come up with the funds to buy the club (even though a few weeks ago we were told he had made a formal offer and that money was in […]

Barry Moat Launches Formal Bid for Newcastle United

Both the Daily Mirror and the Times are reporting that Barry Moat has launched a formal takeover bid for Newcastle United. Moat is said to have significant financial muscle from American investors and has received guarantees from Barclays that he will be given working capital to run the club. The offer is said to be […]

Newcastle Takeover to be Completed This Week?

The Mirror on Sunday are reporting that Mike Ashley is finally ready to relinquish control of Newcastle United. This comes after the club having to pay Kevin Keegan £2 million this week. Along with the report of the takeover news, the Mirror also reports that should Mike Ashley be unable to sell Newcastle before the […]

Newcastle United Takeover Imminent

The man favoured by Keith Harris of Seymour Pierce to complete the takeover of Newcastle is said to be within days of finalising a deal. George Caulkin, one of the most well respected football journalists, has reported that one of the potential obstacles to the takeover going through, the club’s ongoing saga with former boss […]

Newcastle United Takeover Coming to an End

A statement issued by Newcastle United yesterday to a local newspaper confirmed that they had accepted a bid of 100 million pounds (and meeting Mike Ashley’s asking price). The sale, dragging on for almost five months, could soon reach a conclusion with the deal said to be at the ‘Sale and Purchase’ stage. However, the […]