News last night that Mike Ashley will put any managerial appointment at St James’ Park on hold, but only until Barry Moat’s bid to buy Newcastle United is finally resolved.
Alan Shearer – could still take over on Tyneside – maybe
This is being reported in the Times, and apparently the sale rests in the hands of Barclays Bank, which has told the Tyneside businessman that it will respond to his request to borrow funds within the next 5 days.
That will take us though to next Wednesday at the latest – and time continues to pass by in this mess of a sale.
We would assume that if Barclays OK the deal, then that will give Moat enough funds to persuade Ashley to sell, but that’s a guess on our part.
However, the sale is going tortuously slowly, but at least yesterday the club signed Danny Simpson on loan from Manchester United.
Simpson was on loan at Blackburn last season and for long periods couldn’t get in the first team, but what we’ve seen of the 22 year-old, he is an accomplished player and will help balance the squad.
Ashley is expected to attend Newcastle’s home match against Reading today, and will probably get some shouts of disapproval, to put it mildly, from the fans, who will clearly let the owner know they don’t want him to keep the club.
But it at least looks like Mike is prepared to extend his deadline for Moat’s takeover of the club into next week, and that will raise the hopes of Geordie fans that a positive outcome may still be found.
Barclays Bank is also Newcastle’s lender and has been pressing for the club’s £40M overdraft to be reduced, but with the club selling Obafemi Martins, Sébastien Bassong, Habib Beye and now possibly Damien Duff, almost £23M has been brought into the club’s coffers.
Moat will immediately appoint Alan Shearer if he is successful and he has kept Alan informed of developments.
In the meantime, Newcastle have been preparing for the possibility of the bid from Moat, who is understood to have American backing, falling through.
Talks with David O’Leary have surprisingly not resulted in any agreement (yet), and we think Mike will again turn to Joe Kinnear, assuming Joe is healthy enough.
And betting on the Newcastle manager was suspended on Thursday night, after news of the O’Leary deal had fallen through, and the odds on Kinnear tightened significantly.
Since we have signed Danny Simpson on loan and have several other players now on the radar screen, we wonder who is identifying these players – Kinnear, Shearer or Hughton.
Take your pick.
Certainly Danny Simpson was thought to be on Alan’s original list of wanted players.