Shepherd Bids To Return!

Last Updated : 28-Apr-2009 by
The former Newcastle chairman is still bitter Mike Ashley told him not to return to St James' Park after the Spurs fan bought out Freddy's shares.

And we believe there could be a major consortium set to get Ashley out of Toon!

Shepherd has been approached by several consortiums keen to buy all or part of United from current owner Mike Ashley.

The Sunday Sun reports: "Shepherd is fearful for the Magpies' future if they are relegated.

"The long-time Newcastle supremo would be willing to re-invest some of the £37 million he banked from selling his stake in the club to Ashley if it would help prevent Shearer from leaving in the summer."

Shepherd told the Sunday Sun last night: "I am willing to do anything I can to help."
I understand moves are afoot by at least one Geordie entrepreneur to bring together people with the financial clout to buy all or part of United from Ashley, and ensure Shearer stays on as manager next season - whichever division Newcastle are in.

Shepherd's involvement would be essential if that group were to have any hope of taking the club forward in the long term.

Shepherd has previously hammered Ashley's way of working, bringing in Dennis Wise over Kevin Keegan.

Although Shepherd's own reign at St James's Park is poorly regarded by some fans, Ashley's regime - headed by former casino boss Derek Llambias - has overseen disaster at Gallowgate.