Shepherd set to resist as investors eye Magpies swoop

NEWCASTLE chairman Freddy Shepherd is expected to resist any takeover bid by Jersey-based Belgravia Group.

Tue, 22 Aug, 2006 - 01:00

Damian Spellman

A statement released to the Stock Exchange yesterday confirmed that Belgravia are investigating the possibility of launching a bid for the club.

It is understood they are in talks with former chairman John Hall over his 28.8% stake, while his son Douglas, Shepherd’s deputy, controls a further 12%.

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Courts Soccer England Place: Newcastle Place: Jersey Place: Tyneside Place: US Person: Shepherd Person: Freddy Shepherd Person: John Hall Person: Douglas Person: Hall Person: Sir Organisation: Magpies Organisation: Belgravia Group Organisation: Stock Exchange Organisation: Belgravia Organisation: Newcastle plc Organisation: Newcastle United PLC

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