According to The Chronicle, they were contacted by one of their ‘usually reliable sources’ who said that one interested group had reached written agreement about buying the club and ‘other sources’ close to Sheard’s American bidders said that the deal is close to crossing the finishing line. Both Derek Llambias and Seymour Pierce deny these [...]
Posts Tagged ‘Sheard’
Latest buy-out rumours “not true” says Llambias.
Posted September 11th, 2009 by Hugh de Payen | 8 CommentsToon takeover latest – Harris speaks.
Posted September 2nd, 2009 by Hugh de Payen | 32 CommentsAccording to previous press reports, Newcastle United’s £39m overdraft facility with Barclays Bank ended on the 31st August and unless some other agreement was reached it was going to be renewed with only a £10m limit, in line with Barclays’ policy for Championship clubs. If reports that the club owed £20m on that overdraft facility [...]
Yanks close in on Toon.
Posted August 30th, 2009 by Hugh de Payen | 21 CommentsAccording to The Mirror, Alan Shearer is the fairest of them all. Or at least that will be the case if the Sheard-fronted American bid is successful. The Mirror claims the consortium is close to signing a deal, although forgive me for not getting all excited but we’ve heard this sort of stuff before and [...]
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