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.
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.