Newcastle United Football Club have appointed London-based investment bank Seymour Pierce to handle the sale of the club.
Mike Ashley – attempting to sell Newcastle United
The chairman of Seymour Pierce is Keith Harris, who was involved in selling Chelsea to Roman Abramovich in 2003, and who has recently been brought in to help Mike Ashley sell the club he only bought in May of last year.
The former Football League chairman also brokered the deal that saw Thaksin Shinawatra take over Manchester City last year, and was involved in the buying of West Ham United, which was fronted by the Icelandic businessman Eggert Magnusson.
Keith was also involved in the acquisition of Aston Villa by Cleveland Browns owner Randy Lerner.
Newcastle owner Mike Ashley is following the Newcastle fans’ wishes that he sell the club, after allowing Kevin Keegan to leave the club dramatically this month, just after the transfer window closed.
It appeared that players were being bought and sold by the newcastle Board, without the manager Kevin Keegan being told of what was going on.
A Newcastle United statement today said:
“The board of Newcastle United can confirm it has appointed the London-based investment bank Seymour Pierce to act on the potential sale of the club.”
“All matters relating to the sale of the club, including inquiries from interested parties, should go through Seymour Pierce.”
“The club will be making no further comment at this time.”
The sooner the club finds a buyer the better, and certainly Keith Harris has an excellent recent track record in this business – so that’s good news.