Toon Chairman: 'Takeover Reports Are Rubbish'!

Chris Mort: "The reality is that the Alan Shearer story and the PCP story were both absolute rubbish.

"Alan (Shearer) has obviously denied he has been approached by a consortium and we had never heard of PCP until Monday's story.

"He (Kevin Keegan) has a three-and-a-half-year contract and we are looking to see what can be achieved over that period."