US bid faltering. Carroll speaks. Hughton laments.

Apparently the Sheard-fronted US bid is in trouble. According to The Chronicle, the talks between the bidders and Seymour Pierce broke down after the US consortium failed to provide proof of funds. That's not quite the end of things though as Derek Llambias has been teleconferencing with them, although no progress has been made.

Read the full article at Newcastle United Blog.

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