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Freddy Shepherd – Your Time Is Now Up at Newcastle

The Newcastle United Board of Directors know no more about Mike Ashley’s offer for Newcastle than they did when it was announced last week and though there is a board meeting this Wednesday it is being reported that Mike Ashley is not scheduled to meet yet with the board.

This is not a good situation and apparently while the board are interested in hearing more of what Ashley has planned – it is understood by Paul Gilder of the Journal – that no date has yet been set for the meeting.


Mike Ashley

What does this mean?

It probably means that Mike Ashley is keen to hear what the board will say at tomorrow’s board meeting – which we understand is still on.
We would hope that some communication – official or otherwise – would be issued to give us some clue as to what Freddie Shepherd – who holds 29.8% share in Newcastle – is thinking – and at least what his short term plans are.

As we all know Freddie has said he would relinquish control if a good offer for Newcastle United ever came in. Well, from what has been leaked by Mike Ashley’s people – this offer is more than good – it is incredible.
Freddy’s share is also more than people realize. The Newcastle United club is valued at about ₤133M by the offer – and since Shepherd owns 29.8% of that – he will be pocketing close to ₤40M – not a bad pay check for Freddy for his participation at Newcastle.

It’s time to go Freddy.

Freddie Shepherd has now had 10 years at the helm of Newcastle United and it’s been a miserable time for Newcastle’s loyal and passionate supporters during that time. Indeed – except for the reign of the great Sir Bobby Robson – there’s been little success.


Freddy Shepherd after Hearing of the Takeover Last Week

Shepherd has brought in a bunch of managers – with only Bobby Robson being successful.

When Shepherd started as Chairman on December 1st 1997 – the club started to go downhill (we were 2nd at the end of the 1996-1997 when Keagan resigned and Dalglish was hired in January 1997.)

We finished 14th in 1998 – had a poor start to the following season and then Ruud Gullit was brought in to much fanfare. A year later Ruud Gullit was sacked after the Shearer fiasco – and Bobby Robson was then brought in.
Since Bobby was sacked in August 2004, we’ve had Souness, Roeder and now Big Sam Allardyce.
Sam Allardyce is looking like a very good acquisition for Newcastle – but until this mess is sorted out – Sam will be unsure exactly what is going on – and how much money he has to spend – and who his boss will be.

There’s only one man can end this uncertainty at the club – and that is Freddy Shepherd.

If he really does have any love for the Newcastle United club (which we’re sure he does) then although it will be painful for him – he must sell his shares – get his ₤40M and announce he is going and going quickly.

Show some class Freddy – now is the time to leave Newcastle.

Comments welcome.

9 comments so far

  • JP from The Rock of Gibraltar

    May 29, 2007 at 10:57 AM

    Comment #1


  • carl

    May 29, 2007 at 11:07 AM

    Comment #2

    freddy, lets put it straight.you know yourself that if you dont accept ashleys offer and walk now you will destroy the newly made dreams of the geordie nation,and we wouldnt want to do that.theirs some very angry geordies out their!!

  • GraemeR

    May 29, 2007 at 11:23 AM

    Comment #3

    It frightens the hell out of the me that the fat one could be planning a counter bid – even if this is not the case he may put up enough flak to cause Ashley to drop his interest.

    And take the other cretins with you.

  • Ed Harrison

    May 29, 2007 at 11:53 AM

    Comment #4

    We’ll have to hope something happens at the board meeting tomorrow – the nightmare scenario of him hanging on would ……be a nightmare 🙁

  • Colin French

    May 29, 2007 at 12:57 PM

    Comment #5

    Whatever happens with Shepherd, I fear he has made 1 last managerial blunder. By jumping in with 2 feet and choosing Allardyce, he has ruled us out of the running for managers with huge European reputations, such as Gerard Houllier and Didier Deschamps, both now clubless. These are the sort of managers we “should” have been looking for, and unless Mike Ashley is willing to revamp things very quickly and pay off Allardyce before he even gets started, then we are settling for 2nd best again. Obviously without Ashley on board we may not have stood a chance with luring top managers (who in their right mind would work alongside Shepherd?), but if he takes charge and is as ambitious as it seems then these sort of managers could be tempted to the toon.

  • jacobmannjones

    May 29, 2007 at 6:40 PM

    Comment #6

    Drama is unfolding at SJP. Hopefully Ashley is the last man standing and Fat Freddie gracefully bows out. Though yes I could see Shep scrambling around trying to put together a counter-bid for the club. Then I could also see him kick up a fuss and reject the offer from Ashley, both in the board and in the public sector.

    Ashley is obviously a god-send for NUFC financially and for their long-term stability. The question is will it really pan out? You have to admire what is being said, as far as the money that will be invested by Ash over the next 5 years ~ it could really transform NUFC into a massive club not only in England but in all of Europe. Big Sam with that kind of transfer kitty? It might almost be unfair to the rest of the Premiership…

  • Mick Foster

    May 30, 2007 at 1:17 AM

    Comment #7

    Shepherd has to walk.


    We only finished 14th once and that was under Souness, we were 13th two seasons in a row before Bobby arrived.

  • Valle

    May 30, 2007 at 6:39 AM

    Comment #8

    Latest news confirm what we feared, Freddy isnt done with ruining our club and he now has an ally with financial strengt. If Shephard dosnt leave fast he can leave us cripled for the new season, and i for one is fed up with this guy. He should know that the fans of Newcastle will have his head if he ruins this chance for us and that he can never do his work properly from now on as chairman anyway because of all the hate he will receive. Better for him to leave with dignity and then perhaps get a charity seat somewhere in SJP.

  • Valle

    May 30, 2007 at 6:48 AM

    Comment #9

    Colin… Perhaps give Big Sam a chance before spreading the doom visions. Im betting u wouldnt be happy if we had just apointed the former Aberdeen manager because he had some success in Scotland, well Manure did, they went 5 years without a trophy under him, but that all changed didnt it. One thing is a good manager and a good board/owner, but we as fans have to do a job to, and by not giving our manager a chance at all we fail to support the club… If thats the way we act everytime we dont get a Mourinho we should be called disrupters instead of supporters at NUFC


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