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  • 01-01-2009 1:51pm
    #1
    mike65
    Closed Accounts Posts: 88,972 ✭✭✭✭


    http://www.guardian.co.uk/football/feedarticle/8171884
    MADRID, Dec 31 (Reuters) - Real Mallorca are still in talks with former Newcastle United chairman Freddy Shepherd about a possible takeover, the Spanish Primera Liga club said on Wednesday.

    "At the moment there is only contact with Freddy Shepherd, the only party formally interested in buying the club," Mallorca spokesman Hector Romero told Reuters.

    Former Mallorca president Vicenc Grande put his 93 percent stake in the club up for sale after his Grupo Drac real estate company filed for insolvency in June.

    Grande was replaced this month as president by an associate, Joaquin Garcia, who said he had until the end of January to find a new investor.
    Romero said the club would not provide any financial details but a source close to the situation said in June that Mallorca were on sale for around 40 million euros ($56.7 million).

    Shepherd, who lives in Mallorca for most of the year, was on holiday until Jan. 10 and unavailable for comment, said an official at Shepherd Offshore in Newcastle.

    An outspoken and controversial figure during his spell with the English Premier League club, Shepherd said in late June he was in talks to buy Mallorca, currently struggling one place above the relegation zone in Spain's top league.

    Good luck to them.


Comments

  • #2
    Charlie
    Registered Users, Registered Users 2 Posts: 9,815 ✭✭✭Charlie


    From what I hear, this was very close to happening in the summer.

    Fat Fred ran a pretty shaky ship whilst at the helm of the Toon, and only Mike Ashley's disastrous reign over the last 18 months could have put a positive spin on it. Whether it was slagging the fans rotten to an undercover reporter in a brothel, to the unforgivable treatment and axing of Robson, FFS is the type of bloke one should wince at should he come anywhere near your club.

    If he does take control, expect a flock of 30yr+ mediocre English players plying their trade in the ONO Estadi. Wouldn't even be surprised to see him bring someone like Souness in.


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