Magpies takeover drawing to close
MIKE Ashley is expected to know the identity of Newcastle United's new owners by the weekend with a formal public announcement scheduled to be made early next week.
Four different groups began due diligence a fortnight ago and, having analysed the club's accounts, all will be asked to submit final bids in the next 48 hours.
When those bids have been entered, Seymour Pierce - the bank in charge of the sale process - will make its formal recommendation to Ashley regarding which is the best offer for him to accept.
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Luke,
I'm normally a fan of the Journal but recently these stories re the takeover and Shearer have been poor and fictional!
I suppose if you write the same story every week you will get it right eventually.
Oh and the Chronicl are as bad!