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Article: Sir John Hall exits Newcastle United
- Article from:
- The Scotsman
- Article date:
- June 20, 2006
- Author:
CopyrightCopyright 2006 The Scotsman. Provided by ProQuest LLC. (Hide copyright information)
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NEWCASTLE confirmed to the Stock Exchange yesterday that majority
shareholder Sir John Hall has been approached to sell his stake in
the club.
Hall, who paid an estimated GBP 3 million to take charge of the
club in 1991, stepped down as chairman in 1997.
Weekend newspaper reports suggested a US-backed consortium had
been working on a buy-out proposal. A club statement said an approach
had been ...