We have been getting several e-mails over the last 24 hours from one of our news sources in Iceland, about a potential bid for Newcastle United, and that Alan Shearer has recently been asked to participate in that bid.
Since that news has now been broken by Sky News in England we will use some of the information we have received from our source in Iceland, to let you know what we currently have on this situation.
We caution our readers that nothing has yet been officially confirmed, but we do have reason to believe a bid is in the works.
Alan Shearer – asked to participate in Icelandic-led bid for Newcastle United
It has been reported in Iceland over the last 24 hours that two Icelandic businessmen are negotiating a bid for Newcastle United and negotiations are said to be in an advanced state, but not yet complete. This is according to www.visir.is and radio news sources in Iceland.
Jon Asgeir Johannesson, chief of Baugur – who in recent years have bought iconic British companies such as House of Fraser, Hamleys and Goldsmiths, is reported to be behind the bid. Johannesson, in conjunction with Palmi Haraldsson, who runs another Icelandic investment group Thera, are reported to have approached Shearer with a view to becoming involved with the bid.
Palmi Haraldsson would neither confirm nor deny his involvement in the bid last night but said:
“Newcastle is a great club with a great manager and has been my favorite for a long time.”
It goes on to say that it’s very likely that Mike Ashley and Jon Asgeir know each other, as both have been prominent in the same business markets. It is also being suggested that Ashley last week lowered the Newcastle United debt by Â£30M, (total debt was estimated at Â£80M) possibly to make the company more attractive to a bid.
It states that Newcastle United is the 13th biggest football club in the world with a very loyal fan base who regularly fill St. James’ Park at every home match. Icelandic sources are also claiming that a potential deal is likely, but it remains to be seen whether Mike Ashley would be tempted into selling, just months after purchasing the club.
Jon Asgeir Johannesson and his family own the Baugurgroup, which turn is the majority holder of 365 Ltd. (365.is) which owns the 365 company, visir.is, an on-line media company. They broke the news on the alleged takeover at 18:10 BST yesterday followed by the TV station stod2 at 19:30 BST â€“ which are both owned by 365 Media. That news was then updated at around 20:30 by visir.is, by adding the piece about Shearer being part of the group.
We believe there may well be a connection with Johannesson owning the only media company that has published the news so far – but as we cautioned at the beginning of the article – there has been no official confirmation yet of any bid for the club.
This is a surprising development since Mike Ashley has just bought the club and there has been a certain level of turmoil since new manager Sam Allardyce took over. Sam has seen a new chairman and a new owner installed since he took over in mid-May and has concentrated on improving the squad during these rather uncertain times, but has nevertheless managed to do a very good job.
This will not help that uncertain situation – and we’ll just have to wait and see what transpires. If it’s true that Shearer is now part of the bidding group, that would seem strange since he is also currently employed by the club as our world-wide ambassador. It seems unlikely he would agree to be part of the group unless he had at least informed his boss – chairman Chris Mort – of the situation.