Football's Being Sold Out and Only the Greedy Will Prosper

Summary

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THE most intriguing sound of the sporting week was Newcastle United's denial that they were about to be taken over. The club insisted that no offer had been made. They couldn't say for certain if an offer was imminent, nor how big that offer might be. But if anything should happen, then they'd be sure to let us know.

Some will accept that statement at face value. They are the innocents who will spend next weekend putting out milk and biscuits for a bearded gentleman in a red jacket.

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Extract

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Football's Being Sold Out and Only the Greedy Will Prosper

Others will see it as a sign that the Newcastle board will sell if the price is right. And that price will be set somewhere above the Pounds 227 million which the American financiers, Polygon, and the United Bank of Switzerland are said to be prepared to pay.

Now, I wouldn't know if that represents a reasonable deal, since I cannot conceive of a sum as vast as P...

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