There is some interesting news emerging from Sky Sports news that fans of Newcastle United are being asked to invest up to £1K, in an effort to buy Newcastle United Football Club.
Potential new owners of Newcastle United – the fans
That has been put forward in the past but now Peter Lee is trying to put an organization together, and he has already contacted both Kevin Keegan and Alan Shearer, for support.
There could be some news on this put out later today, but they have also lined up some financial acumen in the form of Mel Goldberg, to add some financial clout to their efforts.
Of course this is not a particularly good time to ask fans to come up with 1K, with the economy generally in a bit of a mess, but we think enough fans who would be willing to chip in could sway the balance.
Sky Sports said:
“It almost worked at Liverpool, but the one place it could work is at Newcastle”.
The initial aim is to have up to 30,000 fans invest £1K each, but of course that would be just £30M, so money would need to come from other major sources. It may be that the fans will be asked to choose what amounts they may want to invest, starting at say £500, and going up to as much as £10K.
Then the amount raised could exceed £30M by quite a bit. We really hope this news has some truth in it, because it seems a viable option, given where things are at the moment. There’s just far too much uncertainty surrounding our club right now.
So if the news isn’t true – it should be.
We think this is potentially exciting news, and hopefully it could also be put together quickly.
Wishing and hoping.