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Ashley is selling the club now and saying sorry...

damn!

 

He should have done it earlier in the season. :dot:

Past Rides

Honda NSR125R, Kawasaki ZX400-L9, Yamaha YZF-R1 2001, Yamaha YZF-R1 2006, Suzuki GSX-R1000 K2

 

Current Rides

Mitsubishi Lancer

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From The Chronicle, Tuesday:

 

A Far Eastern group has officially declared an interest in taking over Newcastle United.

 

The news comes a day after Toon owner Mike Ashley put the club up for sale for £100m and invited people to e-mail in with bids.

 

The organisation, which is based in Singapore, has already said it intends to keep Alan Shearer on as manager if the move is successful.

 

It has links with existing football businesses, including a current Premier League club, as well as banking, property and legal services.

 

A high-profile football figure has been recruited to spearhead the takeover attempt for the group, which was established in the 1980s.

 

This isn't the first time that a similar story has emerged, with the attendance of former Liverpool midfielder Steve McMahon at our home friendly against PSV Eindhoven in August 2008 raising eyebrows.

 

McMahon accompanied representatives of the Singapore -based Profitable Group on that visit, sparking rumours of a takeover bid. However he was quick to play that down, claiming that his brief was merely to act as Newcastle's strategic partner in the Far East.

 

2009 sees Profitable promoting Liverpool's pre-season matches in Singapore and Bangkok, while the Executive list at sister company Strategic Sports Investment (SSI) includes Kenny Dalglish as "UK Operations Advisor".

 

"European Operations Advisor" to SSI is one Darren Venn, formerly Commercial Director of Newcastle United.

 

Update: later editions of the Chronicle contained more on this story, confirming that the potential bidders in question are indeed the Profitable Group - and including some quotes from a source there confirming their interest and liking for Alan Shearer.

 

How much of this is factual and how much is kite-flying remains to be seen.

Postman Eating Inc*

 

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