Newcastle United owner Mike Ashley has received at least two offers of £100m for the club.
director Derek Llambias confirmed on Monday that several bids at the
sportswear magnate's asking price have been tabled as hopes of a quick
sale grow.He said: "There have been more than two bids at £100m. "At the moment, we are in the hands of lawyers and it is all ongoing."We are giving interested parties all the help that they need."The identities of the bidders remain a closely-guarded secret with all having
signed non-disclosure agreements before being granted access to the club's
books.Llambias is understood to have shown a Malaysian consortium around St James'
Park and the club's training ground last week, while the Singapore-based
Profitable Group and former chairman Freddy Shepherd are known to have held
discussions with Seymour Pierce, the investment bank handling the sale.However,
amid suggestions that there have been offers at lower prices - the
Malaysians were said to have bid £80m, but agreed to take on an
overdraft of up to £40m - Llambias is adamant that £100m remains the
figure prospective buyers need to meet.The Magpies were put up for sale days after Ashley and Llambias held talks with
Alan Shearer over the manager's job, and that vacancy is still to be filled.Shearer is keen to take on the role, but it is caretaker boss Chris Hughton who
is currently putting the players through their paces at a pre-season training
camp in Ireland as talks behind the scenes continue.Whoever
does buy the club, time is fast running out before the start of the new
Championship season on August 8 with the squad yet to be re-shaped and
an annual wage bill which has been reduced to around £62m in the wake
of recent departures, still way in excess of what a side outside of the
Premier League can afford.