American Group Starr Foundation Bid For Newcastle

The American group that has presumably bid for Newcastle United has claimed their group finally expect an answer this week from Mike Ashley.


If they expect an answer we assume this group, spearheaded by Geoff Sheard, and funded by the Star Foundation in NY, has actually made a bid for the club – as that was not the case until very recently.

We think the group is the Starr foundation here, but there is another foundation called the Star foundation, which is a foundation that goes after lost causes , so surely this cannot be the one. 😀

Newcastle Managing Director Derek Llambias has played down their chances, but we’re not sure how involved Derek is with all of this, which is presumably being handled by Seymour Pearce Bank.

Sheard now is telling the Evening Chronicle the matter is in the hands of UK legal firm Halliwells, who are representing the Americans, and Ashley’s lawyers Travers Smith.

Sheard told the Evening Chronicle today:

“We will push it forward this week and it will be resolved. It’s all done as far as we are concerned.”

“It’s all down to the solicitors now. There has been no contact with ourselves or Derek Llambias or Mike Ashley, just between legal teams.”

“We are not aware of any other significant interest from elsewhere.”

That last sentence is hard to believe because we are being told that Barry Moat bid for the club officially 8 days ago.

To be truthful we have no idea whether this story is true, as we’ve heard it all before, and the club is still not sold after almost 9 months on the market, in total.

Comments welcome.

20 comments so far

  • batty

    Oct 13, 2009 at 1:47 PM

    Comment #1


  • G

    Oct 13, 2009 at 1:53 PM

    Comment #2

    Apologies for knacking your run on the previous thread batty! Back to the football, this sounds like a load of ‘barry’ to me like. By the sound of things we probs don’t want Sheard involved in any deal either, remember his ill fated crack at taking on Sheff Wed, which involved a bank which was actually a money laundering front for drug dealers etc!

  • batty

    Oct 13, 2009 at 1:55 PM

    Comment #3

    bored as fck G

  • The_Legend_Of_Jonas

    Oct 13, 2009 at 2:00 PM

    Comment #4

    I don’t believe a word of it any more and am absolutely sick to the back teeth of the whole thing.

    Rant over..

  • belfast toon

    Oct 13, 2009 at 2:00 PM

    Comment #5

    7? Workys blog is that .org batty?

  • batty

    Oct 13, 2009 at 2:04 PM

    Comment #6

    aye belfast get some decent crack some times

  • Frank pingles come sock

    Oct 13, 2009 at 2:08 PM

    Comment #7

    stuart, suck my cheesey bell.

    Money please.

    This could happen, all up to Ashley now.

    But Ashley seems to be stalling, because we are top.

    Die ashley.

  • Frank pingles come sock

    Oct 13, 2009 at 2:11 PM

    Comment #8

    Frank pingles come sock // Oct 12, 2009 at 11:59 AM

    There will be a positive statement released withi 24 hours coming from the american/Sheard bid. Definately tomorrow.
    15 Stuart79 // Oct 12, 2009 at 12:07 PM

    Frank pingles come sock // Oct 12, 2009 at 11:59 AM

    There will be a positive statement released withi 24 hours coming from the american/Sheard bid. Definately tomorrow.

    You are either copying off Sillious Soddus on .org or you are him.

    Complete rubbish either way.
    16 Frank pingles come sock // Oct 12, 2009 at 12:11 PM

    I Bet u $200. You disgusting human.
    17 Frank pingles come sock // Oct 12, 2009 at 12:12 PM

    Actually make that $200,000. You filthy Rat
    18 Frank pingles come sock // Oct 12, 2009 at 12:13 PM

    I expect an apology tomorrow aswell as your money. You idiotic muppet
    19 Stuart79 // Oct 12, 2009 at 12:18 PM

    Frank pingles come sock // Oct 12, 2009 at 12:11 PM

    I Bet u $200. You disgusting human.

    What a real classy guy you are.

    Just about confirmed my thoughts on you – A cock


  • NUFC-0809-Oh Dear

    Oct 13, 2009 at 2:14 PM

    Comment #9

    its all bo11ocks, how are we meant to know which of these stories is true or not, Im really really sick of all this bull now

  • lesh

    Oct 13, 2009 at 2:17 PM

    Comment #10

    So, as far as they know, there’s no other interest. Must be true if Ashley or his cronies have told Sheard that!

    And Sheard’s saying that everythings now in the hands of their and Ashley’s lawyers. Might there be hope yet?

    As for which Foundation? I’d bank on it the Star Foundation – it being one that attempts to breathe life into lost causes.

    Presumably there’ll be a need for the Star/ Starr Foundation’s shareholders to put ther hands up and I wonder whether they need to pass the FA’s Fit and Proper Person test?

    We know from the duplicity and lies that have come from the Ashley camp that he’d be a cert to sail through a Fat and Improper Person test with flying colours

  • UTD111

    Oct 13, 2009 at 2:25 PM

    Comment #11

    Ed – it might be worth adding words like “allegedly” or “supposedly” to your headlines! As in “have alledgedly bid…..”
    The headlines always sound so positive but then the stories just speculate!!

  • premier

    Oct 13, 2009 at 2:27 PM

    Comment #12

    Newcastle takeovers are like Jordans knickers–one Yank and their off lol

  • punk skunk...

    Oct 13, 2009 at 2:28 PM

    Comment #13

    Good point Utd111!..

  • Spitfire

    Oct 13, 2009 at 2:33 PM

    Comment #14

    Actually the Starr Foundation might be a good thing. A combination of Ringo Freddie and Edwin would be just what we need.

  • hitman

    Oct 13, 2009 at 2:36 PM

    Comment #15

    is this not an old story rehashed by lee ryder and the cronie

  • Nick D

    Oct 13, 2009 at 2:39 PM

    Comment #16

    Frank you must have the inside track. First thing I thought of was you when I heard this break. Fair play to you mate. Any more info?

  • sirjasontoon

    Oct 13, 2009 at 5:06 PM

    Comment #17

    Chocolate Starfish More like….Plop.

  • chuck

    Oct 13, 2009 at 5:28 PM

    Comment #18

    Yup ! Zzzzzzzzz !

  • newcastle29

    Oct 13, 2009 at 5:49 PM

    Comment #19

    UTD111 @ 11

    i agree with that, it could get messy!

    as for bids! like i have said in the past there are 3 formal bids on the table!

    1. moat who we believe to have put two bids in now if we believe the papers.

    2. sheard and american backers!

    3. there is another english and american cosortia who have bid aswell.

    like i have said IT’S ALL UP TO ASHLEY!!! its wether he accepts the bids, or if he continues to play the bidders off against each other!

  • chuck

    Oct 13, 2009 at 6:31 PM

    Comment #20

    How many groups and individuals have we been associated with so far ?
    Zzzzzzzzzzzzzzzzzzzzzzzzzz !


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