Freddy Shepherd In For Newcastle With £75M Bid


We have to remind our readers it’s Sunday again, the Newcastle United club is up for sale, so we half expect there to be quite a few stories on what is happening.

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Freddy Sheopherd – to launch £75M bid for Newcastle?

Unfortunately most of these are unlikely to be true.

One story in the Mirror today is that former Newcastle chairman Freddy Shepherd will launch a £75M takeover bid this week to resume control at Newcastle United.

And as we would have expected if Shepherd is successful in his bid, he will install Alan Shearer immediately as the Newcastle manager. But we hear there are at least four bidders, and two are serious contention – so it seems to us it’s going to take some time to sort through these.

Nothing goes quickly when around £00M is being discussed. What happens at Newcastle while these events unfold.  Nothing?

The initial indications from the Ashley camp are that there is no objection to Shepherd taking charge as long as a price can be agreed .

That’s consistent with what we believe Mike thinks, because as long as he gets the money, he’s not really bothered, because you can never accuse this man of caring about the Tyneside club.

If he did he wouldn’t have destroyed it last season with some ridiculous decisions, which ended up taking the club down to the English Second division.

We are being told that Shepherd and Ashley talks will take place on Tuesday, but we’d be surprised if Shepherd returns to the chairman’s office at St James’ Park.

Shepherd didn’t exactly cover himself in glory in the 10 years he was Chairman from December 1st, 1997, and we’re not sure going back to Shepherd is what most fans want to see, although he’d fix things up quickly in the short term, that’s for sure.

It is understood that Shepherd’s consortium consists of himself, son Kenneth and some foreign investors, who are providing most of the funds.

So time goes on – and nothing ever seems to get done at Newcastle.

Incompetance personified!

Comments welcome.



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22 comments so far

  • Toon_Factor

    Jun 7, 2009 at 10:02 AM

    Comment #1

    I personally dont care who buys us, I just want it done sometime soon! Besides if FFS is looking to buy us then surely he will learn not to make the same mistakes as he did last time.

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  • ArtyH

    Jun 7, 2009 at 10:16 AM

    Comment #2

    From the frying pan into the fire…..or not?
    Really at this stage any change would be welcomed. To be honest FFS really is a Newcastle fan, and wants the best for the club…….but also a great wedge for FFS. If we believe in fairy stories maybe, just maybe if he did get the funds to buy the club ……..it would be different this time……….Maybe……..
    At this time beggars cannot be choosers and we need a new owner last week!!!!!!!

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  • brownrob

    Jun 7, 2009 at 10:18 AM

    Comment #3

    Or FFS will just go back to reaming the profit of the club, thats the only thing he was good at and the main reason the club went downhill

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  • GHUD

    Jun 7, 2009 at 10:25 AM

    Comment #4

    just seen on satanta shearer off to west brom and owen taking 70 k wage cut and o ff to villa. is this B S .

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  • Ericles

    Jun 7, 2009 at 10:42 AM

    Comment #5

    Some good comments here about Fat Freddy. He
    is the lesser of two evils by far we must admit. But it is probably not him. Or is he just the conduit, the front man? If Freddy got back we need to have fan involvement. A sale of bonds or shares in the club to fans? Fan reps on the board?

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  • Archie Brand

    Jun 7, 2009 at 10:55 AM

    Comment #6

    I think this article has a little bit of a tainted view to it.

    First of all to say that Ashley could never be accused of caring for the club is more than a little harsh. The man has put hundreds of millions on the line and it wouldn’t make any sense in any universe to say he screwed it up on purpose. Theres a big difference between taking bad counsel and not caring.

    Secondly –
    FFS always said that as Chairman he had to abide by the boards decision – and as a result was never allowed to “run” the club the way he wanted. If you like they had him by the “Halls”.
    There are worse things that could happen to the club than having Fat Fred in charge. Like nothing changing for example.

    Go for it Fred – as long as you bing a nice big bag of cash with you!

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  • geordie deb

    Jun 7, 2009 at 11:20 AM

    Comment #7

    Can’t believe some people would welcome that lying, cheating idiot FFS back again.
    Has time blurred what he was like last time around? He was such a fan that he bled the club dry, laughed at, degraded and insulted the fans and generally dragged our good name through the mire. Can’t we just find a nice ‘normal’ owner?

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  • huz

    Jun 7, 2009 at 11:35 AM

    Comment #8

    To all you FFS haters out there: We never got relegated under him- he provided finance for managers (albeit at the expense of our long term financial future). Its simple in my book we would not have been playing in the Championship right now had FFS been Chairman. I know FFS has made major mistakes and has hardly been prudent in terms financial management, however he does care about the club and I for one would not be gutted if he took over. Ashley has been shambolic and has totally run NUFC to the ground. He trusted his inner circle which consisted of Paul kelmsley ( as evident by Tony Jiminez taking a position at Tyneside) who has quite conveniently gone bankrupt.

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  • Rangerman

    Jun 7, 2009 at 12:05 PM

    Comment #9

    We would have been in administration if Ashley hadn’t bought us out as we were losing that much money, you say him providing money for managers at the expence of our long term financial future is a goos thing.

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  • batty

    Jun 7, 2009 at 12:09 PM

    Comment #10

    he,s comeing home he,s comeing freddys comeing home

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  • hitman

    Jun 7, 2009 at 12:20 PM

    Comment #11

    Guess who’s back Back again freddie’s back Tell a friend Guess who’s back, guess who’s back, guess who’s back, guess who’s back guess who’s back, guess who’s back, guess who’s back.
    if true lets hope he does a good job this time.

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  • batty

    Jun 7, 2009 at 12:23 PM

    Comment #12

    hitman // Jun 7, 2009 at 12:20 PM

    Guess who’s back Back again freddie’s back Tell a friend Guess who’s back, guess who’s back, guess who’s back, guess who’s back guess who’s back, guess who’s back, guess who’s back.
    if true lets hope he does a good job this time.
    <<<lol but lets face it he cant do a worse job than ashley m8

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  • huz

    Jun 7, 2009 at 12:26 PM

    Comment #13

    Rangerman I can fully understand where you are coming from, possibly we may have been in admin however this claim came from someone who sat in the with the Home/Away Fans with a Newcastle Shirt, proclaiming he is a supporter when deep down he really could not care less. This is evident by his scrooge mentality in transfer windows (we made a profit in the last few transfer windows).

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  • hitman

    Jun 7, 2009 at 12:30 PM

    Comment #14

    spot on batty m8,it couldn’t get worse,just want it all done and dusted as soon as,so we can all move on and look forward to the future.

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  • Rangerman

    Jun 7, 2009 at 12:40 PM

    Comment #15

    But the club made a loss, it’s not just a case of saying we made a profit in this area so it has to be invested in the same area.

    In the last 2 seasons the club has made a loss of over £50 million which Ashley has put in out of his own pocket to subsidise the running of it, this is all down to how poor the club had been run financially, the claim isn’t from Ashley it’s all there in the club accounts that have been regulated by Ernst & Young.

    Spending money is great if the club can afford it but Shepherd hasn’t got the money to throw around on players and the club hasn’t either, so unless he’s running the club for a consortium of billionaires there isn’t much he can offer us since he’s never put a penny of his money into the running of the club last time.

    Shepherd is no better option than Peter Ridsdale or Ken Bates who got their clubs into a similar financial mess .

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  • geordie deb

    Jun 7, 2009 at 12:55 PM

    Comment #16

    Rangerman

    Agree 100% with your post. How many times do these things need to be explained

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  • Toon_Ksk (Huh? u mean David Craig is real?)

    Jun 7, 2009 at 2:12 PM

    Comment #17

    I believe there are good reason why John Hall refused to sell the club the FFS.

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  • paulzim

    Jun 7, 2009 at 4:30 PM

    Comment #18

    I would love to see FF back! I never wanted him to sell up. People have short memeories of the previous management in the 80’s. Yes he called us stupid for buying expensive shirts [we are] and he said the woman were minging [some are]. But he backed every manager and is a fan of the club so his intentions are atleast good!! Its better the devil you know, s we have found out!!!

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  • Tom_Toon

    Jun 7, 2009 at 5:16 PM

    Comment #19

    Freddy Shepard is an absolute tool and I’d ave Ashley over him any day.

    What would you rather have, Ashley, an poor performing team, but the fact we still have a football club.

    Or Freddy Shepard who within 5 years of control would have bankrupted us, there, bye-bye Newcastle United.

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  • geordie deb

    Jun 7, 2009 at 10:04 PM

    Comment #20

    Paulzim

    ‘I would love to see FF back! I never wanted him to sell up. People have short memeories of the previous management in the 80’s. Yes he called us stupid for buying expensive shirts [we are] and he said the woman were minging [some are]. But he backed every manager and is a fan of the club so his intentions are atleast good!! Its better the devil you know, s we have found out!!!’

    He backed the managers with money we could not afford while paying hmself and the Halls big dividends and £500k salaries. He would not allow managers such as SBR and Graeme souness access to details of the players contracts and bought players above those managers heads most a load of old has beens on huge wages. He sacked SBR after the fourth game of the season after the team had finished 5th even though they had an agreement for Bobby to leave at the end of that season. I don’t think insulting and degrading your customer base is especially clever and that’s why both him and Douglas Hall had to step down two weeks after those accusations but voted themselves back on the board 10 months later to take up where they left off.
    The list could go on with his idiocy and dodgey dealings. Unless he was ousted as he was with a nice £37m payoff he would have taken this club to the wall. This was the same Freddy who when he took over as chairman inherited a club in profit, 2nd in the premiership, in the champions league and everyone’s second team, when he left we were 13th in the league, with a succession of managers, on the slide, misfit players and in debt. Surely we deserve better than that?

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  • batty

    Jun 7, 2009 at 10:09 PM

    Comment #21

    DEB YEAH AND WHEN ASHLEY LEAVES HE WILL LEAVE US IN THE SECOND TEER OF FOOTBALL

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  • batty

    Jun 7, 2009 at 10:12 PM

    Comment #22

    and did ou try makeing that peas puddin

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