Let's face facts, Freddy Shepherd says he wants to buy back Newcastle (and he is the only Toon fan in the frame) ... but Ashley would rather give the club away than put it back in the hands of the former chairman.Don't Fool Yourself - No Toon Fan Is Going To Take Over At SJP!
Let's face facts, Freddy Shepherd says he wants to buy back Newcastle (and he is the only Toon fan in the frame) ... but Ashley would rather give the club away than put it back in the hands of the former chairman.Chawke was part of the Drumaville consortium which bought Sunderland three years ago and which was bought-out by Ellis Short in May.
Chawke confirmed preliminary talks are taking place with Newcastle, although they are with the club's legal and financial people rather than Ashley.
Chawke: "We're trying to put together a syndicate interested in football and then investing with us in Newcastle.
"Newcastle would fit very nicely into our portfolio. It is a great club.
"It's on sale for about £100m, which is about £500m less than what it was worth a year-and-a-half or two years ago.
"We're thinking about possibly the same as we had in Sunderland, about eight people maybe, depending on what money we can get.
"It's a great city, Newcastle. It's a bit like Dublin - vibrant, full of fun - all the best things in life are there.
"It makes perfect sense if I could just swing it."