Christmas Tree 4003 Posted July 12, 2009 Share Posted July 12, 2009 News of the world THE American investors bidding to take control at troubled Newcastle fear the club could be facing a financial meltdown like Leeds. They are currently undergoing a further bout of stringent assessments to assure themselves the club is financially viable. A Toon source said: "They are worried the situation could turn into another Leeds United. That is not the case but they are going through a lot of financial models. They are the preferred bidders and they have a long-term plan." Owner Mike Ashley has so far refused to move from his £100million asking fee, which will still see him lose around £150m from his brief and controversial reign. The delay means Toon have missed out on several transfer targets. Fraizer Campbell joined local rivals Sunderland for £6m while fellow striker Kevin Doyle moved from Reading to Wolves for £6.5m. Link to comment Share on other sites More sharing options...
Kitman 2188 Posted July 12, 2009 Share Posted July 12, 2009 Has the look and feel of a completely made up story. You wonder why they bother. Link to comment Share on other sites More sharing options...
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