Shearer Involved In Toon Takeover?

Last updated : 20 August 2007 By Footy Mad - Editor


 

If you´re going to make a story on Newcastle stick, it´s always handy to drop a few names, and they don´t come bigger than Alan Shearer!
 
The Toon legend is being strongly linked with a possible Icelandic led takeover of the club, even though English businessman Mike Ashley has hardly had time to get his feet under the table.

An Icelandic consortium is reportedly ready a bid for the Magpies.

Jon Asgeir Johannesson, chief of Baugur - who in recent years have bought iconic British companies such as House of Fraser, Hamleys and Goldsmiths, is reported to be behind the bid.

Johannesson along with Palmi Haraldsson, who runs another Icelandic investment group Thera, are reported to have approached Shearer with a view to becoming involved with the bid.

Icelandic sources are claiming that a potential deal is very much in the offing, but I´m sure NUFC will be quick to put their side of the story.