The Journal is reporting today that Barry Moat has informed Alan Shearer his bid to buy Newcastle United will either succeed or fail at the start of next week.
Barry Moat – still hoping to buy Newcastle
Shearer is said to have contacted the Tyneside businessman on his return from a family holiday to Portugal yesterday, following reports in the press that Joe Kinnear could be ready to take over the Newcastle manager position should the Moat bid fail.
Shearer, like most other fans, is increasingly alarmed by recent developments at St James’ Park and fears his attempt to become permanent manager could be over.
It looks increasingly like Ashley is prepared to take the club off the market for the second time in some eight months, and appoint Joe Kinnear as manager, as we reported yesterday.
It appears that Moat is waiting on Barclays Bank to learn whether his loan will be approved, but Ashley is getting ready with plan B, should Barclays turn down Moat’s bid, which now seems likely.
A source close to Alan said today:
“Alan is worried about the recent news because it looks like Ashley will take the club off the market and appoint his own manager. He has been told Joe will be appointed next week if Moat cannot do something about it.”
“When he talked to Barry Moat he was told they are still negotiating with the banks but time is running out. Moat has said he will either be in or out in the next five days.”
Shearer is understood to be supportive of yesterday’s move to sign Manchester United defender Danny Simpson on loan until January, and we did think Danny was a player Alan ewas interested in last may.
But this soap opera at Newcastle this summer had been just too much after being relegated.
Ashley has proved once again that he has no right owning a club like Newcastle United, and the sooner he sells the sooner this nightmare will be over for Newcastle fans.
However it looks like that could be at least another year.