Toon To Fall Into Administration?

Last updated : 29 July 2009 By Footy Mad - Editor

Apparently (according to a "NUFC source" - which meens bugger all) Newcastle United is not in danger of going into administration: "because Ashley has loaned the club a further £100m to pay off debts.

"And as the major creditor, such a move is understood to be highly unlikely".

So there you have it ... from the horse's mouth at St James' Park (well ... probably some bugger cleaning out the toilets).