Good news, Newcastle fans. You might have a new owner…

Posted by - June 30, 2009 - Football videos

… the bad news is here you are protesting for him to be sacked three years ago

Former Newcastle chairman ‘Fat’ Freddy Shepherd has launched a £60 million takeover bid. The controversial figure is heading a consortium aiming to buy back the club he sold to Mike Ashley for £134m two years ago.

Shepherd was forced to sell his shares in the club to Ashley after a series of protests like the one in the video above against his running of the club. But he is ready to forget all the nasty names he gets called in that video, return to St James’ Park and install Alan Shearer as the club’s permanent manager.

Ashley is expected to accept the £60 million offer despite it being considerably less than his £100 million asking price.