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Newcastle United - Share Holder History
When the club was set up it had 2000 shares. In the 1980s these shares were owned by a couple of families with the chairman Gordon McKeag. After decades of failure and with the club seemingly stuck in the old Division 2 Sir John Hall succeeded in buying out the old owners.
It isn't clear how much was paid to who to make all this happen (and we'd like anyone who does know to help us here !). The details below show our best estimates at how much it cost the Halls and Shepherds to build up their current shareholdings.
The club in 1989, the Halls takeover :
The club had assets of £7m and it had revenue of £4m per year. (Amazingly small figures compared with now). It is believed that John Hall had to pay £6m to take over the club at this point. (We don't have proof of this, it was the figure mentioned in the press at the time, again any help would be appreciated).
As the club was in a desperate financial situation Hall put a further £775,000 in to help, and then spent a further £1.6m to end up with 79% of the shares. Our estimate is that it cost him £8.3m to own the club. Other sources pout the figure as much smaller.
At this point the Shepherds owned no shares. Their holdings started in the early 1990s.
By the time April 1997 came around and the club was to become a PLC the club shareholding had been restructured and the Halls owned 79.2% and the Shepherds 10.1%.
The share issue then raised an amount of money that was used to pay off some debt and to repay a loan to the Halls of £4.4m
Again it is difficult to work out exactly how much money the Shepherds paid for their shares. If they paid the face value at the time then their 10m share would look to have cost about £800,000.
After the share issue the Halls owned 82.4m shares that had cost them around £8.3m. The Shepherds owned 11.3m shares that cost around £2m.
| Share History | Current Shares | Future Share |
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