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Fans left frustrated by stalled takeover.
(From The Journal)
Byline: Dan Warburton
NEWCASTLE United fans reacted angrily last night to news that a series of possible take-over bids had stalled.
At a Press conference yesterday it emerged three interested consortiums had approached the club with the intention of taking over the reins at St James's Park.
However, all the possible buy-outs have faltered as interested parties failed to stump up the cash.
A spokesman from investment bankers Seymour Pearce - who have been charged with off-loading the club on behalf of Mike Ashley - said there had been a slump in interest from prospective buyers.
Interim manager Joe Kinnear also revealed that crunch meetings will be held following the team's trip to Chelsea's Stamford Bridge ground in London on November 22.
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