It’s the news we all wanted to hear, and the Newcastle Journal broke the news this morning that it’s more than likely that Alan Shearer will be installed as the permanent manager, and possibly this week.
Freddy Shepherd – new owner at Newcastle?
Kevin Llambias was quoted today as saying the due diligence can only start tomorrow on the Newcastle books, and we understand that at least two potential buyers are ready to do that, with one of them led by former Chairman Freddy Shepherd.
We have no idea who the other bidder is, and we’d doubt if it was the one from Oman and involving the Sultan, or the Profitable Group, who have yet to prove they have the money to buy the Tyneside club.
But maybe the other bidder is the American consortium there were growing rumors over yesterday. That’s certainly a possibility and a number of rumors on this site suggest that even Microsoft could be involved, but that’s probably a stretch.
But in any case it seems there are two at least, and the announcement maybe this Thursday. That announcement is described as a big announcement for the club by Derek Llambias so it may even involve the new owners as well as Alan.
It could potentially be that an initial deal has been agreed to – pending the completion of due diligence, and if that happens and it’s Freddy Shepherd, that would be an enormous coup for Shepherd, the lad born and bred in Byker. That’s right next to St. Anthony’s estate, along the River Tyne, where I was brought up – and my mother used to always tell by brother and I it was the posh estate between Walker and Byker – right!
Newcastle are officially opening their books for due diligence and it looks they have some real interest at the know-down price of around £100M, and when the owners are appointed, it will be interesting to see the plans they have for the club.
That announcement may not be this week, but the sooner the better, since Shearer will need to know what his transfer budget and wage budget is for the coming season.
And the very fact that Llambias saying it is up to the new owners to appoint Alan, also suggests there may be a buyer, that has already agreed terms with Ashley.
But as we know, nothing is ever easy at the Newcastle club, we would not hold our breath about the Thursday announcement, but what we would hope for is that the local papers are able to find out more about the consortia that seem closest to making the deal.
But this has to be good news, amid the last 3 weeks where’ there’s been a distinct lack of any good news about the Tyneside club.
Just the usual ridicule from the popular press, but once Alan is installed we would expect a lot of that to stop – but those are famous last words, and we’ll just have to wait and see.
But Alan will put a local charismatic face on the Newcastle club, there’s little doubt about that.