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.
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.