Newcastle official bid

Newcastle confirmed today that a consortium backed by Polygo has made an offer for the club. Another company looking into Newcastle's books is Belgravia, although they have not come out with an official statement yet, despite being challenged to do so by the club management.

Statement from Newcastle United PLC this afternoon confirmed: 'The board wish to reiterate that they have not accepted any proposals for the company from any party, nor is any due diligence being conducted on the company."

  

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