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| Version 0 | Version 1 |
|---|---|
| Polygon ends Newcastle bid talks | Polygon ends Newcastle bid talks |
| (about 1 hour later) | |
| The Polygon-backed St James' Park Group consortium has said it has no current intentions of bidding for the Premiership football club. | The Polygon-backed St James' Park Group consortium has said it has no current intentions of bidding for the Premiership football club. |
| In a statement the hedge-fund backed group also said it had ended talks with the north-east England outfit. | In a statement the hedge-fund backed group also said it had ended talks with the north-east England outfit. |
| It was one of several parties that had been reported as making an approach regarding a possible takeover. | It was one of several parties that had been reported as making an approach regarding a possible takeover. |
| St James' Park Group said it reserved the right to make an offer or possible offer if circumstances changed. | St James' Park Group said it reserved the right to make an offer or possible offer if circumstances changed. |
| Those circumstances would include any offer for Newcastle United from another party. | Those circumstances would include any offer for Newcastle United from another party. |
| Major shareholders | Major shareholders |
| The Jersey-based Belgravia Group has also been repeatedly linked with bids for the club. | The Jersey-based Belgravia Group has also been repeatedly linked with bids for the club. |
| Before Christmas Newcastle United said talks with Belgravia were ongoing and also revealed that American financiers Polygon had requested access to the company's books. | Before Christmas Newcastle United said talks with Belgravia were ongoing and also revealed that American financiers Polygon had requested access to the company's books. |
| Majority shareholder at Newcastle United is Sir John Hall who, with his son, owns more than 40% of the club. | Majority shareholder at Newcastle United is Sir John Hall who, with his son, owns more than 40% of the club. |
| The other major shareholder is Newcastle chairman Freddy Shepherd, who owns a 28% stake in the football club. | The other major shareholder is Newcastle chairman Freddy Shepherd, who owns a 28% stake in the football club. |
| Belgravia is a private company with interests including construction, hospitality, aviation and sports marketing. | Belgravia is a private company with interests including construction, hospitality, aviation and sports marketing. |
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