Magpies set to be picked off?
15 december 2006, 10:40
Newcastle were on Friday morning set to release a statement after they were reported to be the latest club to be targeted by foreign investors.
The Daily Mail claimed American financiers Polygon and the United Bank of Switzerland have had a joint bid of 227million unanimously accepted by the club's board.
It reported the deal was going through a period of 'due diligence' with the takeover expected to be completed earlier in the new year.