Talksport is reporting right now that five North East businessmen have made a bid of £90M For Newcastle United with an extra £30 for a transfer fund and £30M for restructuring.
Rick Parkinson – leading the bid – and wearing the right scarf too!!
The news is only now just trickling in – but this is also being reported on Sky Sports News and the Daily Mail, so we’ll update things as things becomes more clear. We only hope it’s true, but this is what is now being reported.
But this could be good news for Geordies and Newcastle fans everywhere, and it’s a Friday – which means a potential good weekend ahead. 😀
The lead name that has been mentioned for the group is Rick Parkinson from Northumberland who made money in textiles, and the consortium consists of him and four other local entrepreneurs.
The Northumberland-based multi-millionaire’s consortium is the first in with a bid with a South African consortium also likely to bid imminently.
This is not the consortium that Freddy Shepherd is linked with, as we currently understand. IN any case that’s what the Mail is reporting, but since Freddy met with Keith Harris on Wednesday, we’ll have to wait and get some additional clarification on that.
And as we already mentioned, according to talksport, the £150M is for three specific items – £90M for the club itself, £30M for transfers and £30M for restructuring, and that sounds like a decent package, although Mike would probably have liked £100M for the club.
And this group wants Alan Shearer as manager of course.
More news as it comes in, but this looks the first official bid and it looks a good one! There has been no official confirmation of this, as the news in only just breaking within the last hour or so.
Looking ahead a little, if Ashley accepts this bid, there should be no reason while due diligence continues, that Alan Shearer, or some other manager cannot be appointed to start getting real work done, which is really needed.
And the fact these lads are Geordies will say they understand the current situation and what needs to get sone, and it will be just what fans want to hear, because we’ve all had enough of non-locals trying to run a club they just don’t understand – nor seem to want to understand
Howay The Lads!!