As we had suspected the American consortium bidding to buy Newcastle United have ended talks with Seymour Pierce collapsed.
Not sure how many consortia have been looking at Newcastle and their books, but it seems quite a few never have the money to start with.
We were hoping the Americans were serious, and we wonder just why nobody wants to come in and buy the Newcastle club. 🙁
We were told the New York based bidders flew into London last Friday, but talks reached stalemate after they failed to provide sufficient proof of funds.
So maybe even these Americans don’t have the money.
But the Evening Chronicle is reporting today that discussions on the possible takeover are now taking place between Derek Llambias and a representative of the US group based across the Atlantic on a conference call.
So does this mean the bid is still on – we have no idea – and quite honestly we’re beyond even caring.
That’s it – no more discussion on this soap opera stuff.
All we are worried about is 3 points at Cardiff in 9 days time. If that happens we’ll be delighted.