Magpies in takeover talks
Newcastle are in talks regarding a possible takeover, it emerged on Saturday night.
Magpies chairman Freddie Shepherd has opened discussions with the Belgravia Group regarding a possible deal for the North East club.
Talks are expected to continue with the multinational group in the coming days, with the the club's board keen to finalise The Magpies' future.
While there may be changes afoot in the boardroom, Glenn Roeder's side got their Premiership campaign off on a sound footing.
Nufcmismanagement view:
The Belgravia Group can be found using this link, is this a good move for the football club?
We'll have to wait and see, what we can be sure of is that if this goes through then it will be good for the major shareholders, the Halls and Shepherd.
It looks as if these families will be set for life although Douglas doesn't have a very good record with money.