Newcastle Takeover to be completed in the next 10 days

We understand that Newcastle United will be under new ownership, as soon as next week.

Two interested parties have entered into due diligence and one party is eager to complete the deal as soon as possible.

The identities of the parties are not yet known, however we believe that a consortium, headed by former St James Park chairman, Freddy Shepherd is one of the interested parties.

Current owner Mike Ashley placed a £100m price tag on the club 10 days ago.

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