Newcastle reveal Polygon approach

The announcement comes after Magpies chairman Freddy Shepherd told the parties linked with moves for the club to make their intentions public.

Newcastle however, insist the board "have not accepted any proposals for the company from any party".

A statement added that "there can be no certainty that an offer will be made".

The Jersey-based Belgravia Group as well as hedge fund Polygon have been repeatedly linked with bids for the club.

Shepherd confirmed on Tuesday that talks with Belgravia are ongoing and also revealed that Polygon have requested access to the company's books.

And now the board have confirmed that the Polygon-backed St James' Park Group Limited have made an approach.

"The board wish to reiterate that they have not accepted any proposals for the company from any party, nor is any due diligence being conducted on the company," said a statement.

"Therefore there can be no certainty that an offer will be made, nor as to the terms on which any offer would be made."

RELATED INTERNET LINKS:
Football on the BBC
BBC Tyne Newcastle audio
Newcastle fans' views on 606
Newcastle weather
BBC Sport Premiership
Newcastle United
The BBC is not responsible for the content of external internet sites