Newcastle rule out sale

01 November 2010 16:30
Newcastle have insisted the club is not for sale following a report that former chairman Freddy Shepherd is considering making a bid to buy it back. It was claimed Shepherd, who sold his holding in the Magpies to Mike Ashley in 2007 after the Hall family had done the same, is ready to return. However, a senior source at St James' Park said: "Newcastle United have had no contact from anybody regarding a possible purchase and furthermore the club is not for sale."

Source: PA