Irish Examiner – Newcastle could be the latest Premiership club to be targeted for a takeover after a Jersey-based investment company confirmed their interest today.

The Belgravia Group announced to the Stock Exchange early this morning that they are considering making an offer for the Tyneside club, which has a current value of around £81m (€119m).

A statement said: “Following recent press speculation, the Belgravia Group confirms it is examining the potential opportunity of acquiring Newcastle United plc, which may or may not lead to an offerfor the company being made by Belgravia.

“A further statement will be made if appropriate.”

It is understood that Belgravia have been in talks with former chairman Sir John Hall, who holds a 28.8% stake in the club, while his son and current deputy chairman Douglas, controls a further12%.

Sir John confirmed earlier this year that he had received “expressions of interest” in his stake, and speculation named the US hedge fund Polygon as potential buyers.

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