Sport

Toon takeover 'approach' confirmed
by Ben Blackmore, 05 July 2008

Toon takeover 'approach' confirmed

American private equity firm InterMedia Partners have contradicted noises coming out of Newcastle by confirming they were approached about a possible takeover.

Reports first emerged on Friday that Mike Ashley had approached the New York-based company over a £420 million takeover.

Such a sale would represent a £286 million profit for the Magpies’ tycoon, who has a reportedly cool relationship with Kevin Keegan.

Newcastle rubbished any talk of a takeover on Friday, labelling such rumours ‘nonsense’

However, a spokesman for InterMedia Partners confirmed an approach had been made, but there was no interest from the US company.

"InterMedia was approached about a deal, made no offer and has no interest," a spokesman told the BBC.

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Comments

mackemfuck - 08 July 2008 11:15: come back when you have actually proven you are going to beat us, all bullshit talk that you have no proof over. we sign guiterrez, you contract dwight yorke. hmmm, not lookin good is it; Report this to a moderator

mackemlad - 07 July 2008 13:28: ha ha ha ha ha ha ha ha ha another one bites the dust , ashley lasted long mind didnt he ! what is with your shit club , season ticket holders arent coming back , your board all want out and all your so called big names are there for the silly wages , troubled times or what !!! but i luv it fair to say the mighty s/land are back to being top dogs of the n/east, shame on your board, players and fans SHAME ON YOU !; Report this to a moderator

Cú Chullain - 06 July 2008 08:38: I'm sure they meant "cold relationship", people make typos.; Report this to a moderator

Ronin - 06 July 2008 06:04: Basic media 101.. When there is no story to be had, make one up to sell news... Then rubbish it later to sell even more news! No deformation of character, no slander, no law suits! BINGO. Make sense now?; Report this to a moderator

efcboy - 06 July 2008 01:23: if newcastle get sold for 420 million how much is everton fc worth ?; Report this to a moderator

John - 05 July 2008 21:27: 'Cool' - incredibly awful bit of journalism there.; Report this to a moderator

toonboy - 05 July 2008 21:22: Why is my club always in the news for not-football issues? Yet more embarrasment!!!; Report this to a moderator

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