United extend bidder deadline
Published Date:
09 October 2008
Prospective bidders for Newcastle United have been given until October 17 to register a firm interest in the club.
It is believed eight parties have contacted investment bankers Seymour Pierce, who are acting as sellers, to show their intentions.
But, the extension of the period of interest means the completion of any sale may not take place until the end of November.
Owner Mike Ashley is believed to want about £280m to £300m for the club.
On Friday, three South African businessmen linked with a possible £300m takeover denied they had any intention to buy the club, with billionaire Johann Rupert saying he had "absolutely no interest and no knowledge".
The South African group were considered to be the frontrunners - with their interest in bringing Keegan back making them popular with the fans.
A Nigerian consortium was also believed to have presented its bid of about £350m to the club.
The full article contains 154 words and appears in n/a newspaper.
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Last Updated:
09 October 2008 9:54 AM
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Source:
n/a
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Location:
Alnwick, Northumberland
