Very relieved to see that the Toon realises that the London Stock exchange is no longer the UK Listing Authority and managed to get the Bassedas news to the Financial Services Authority (FSA) although he turns out to be half a million pounds more expensive than suggested: 4 mills for a 27 yearold midfielder is a bit of an investment.

31/05/2000 UK: NEWCASTLE UNITED PLC RE TRANSFER AGREEMENT.

Newcastle United PLC 31 May 2000

NEWCASTLE UNITED PLC

TRANSFER AGREEMENT

The Board of Newcastle United announce that agreement has been reached with Club Atletico Velez Sarsfield of Buenos Aires, Argentina for the transfer of the registration of Christian Bassedas (age 27) to Newcastle United for 6 million US dollars (#4,009,000 at exchange rate at close of business on 30th May 2000). The player has signed a contract until the end of season 2004/2005.

Additionally, they've got the Director news in quickly too:

Newcastle United PLC 7 June 2000

NEWCASTLE UNITED PLC BOARD CHANGE

Newcastle United PLC ("the Company") announces that Mr Michael Winskell has notified the Company of his intention to stand down as part-time executive director and Company Secretary on 18th July 2000, after a year with the Company.

Michael Winskell played an important and active role in the past year, during which time the Company forged a media partnership with NTL.

Mr Russell Cushing has been appointed as Company Secretary as from 18th July 2000.

John Fender, Chairman of Newcastle United PLC said:

"I would like to thank Michael Winskell, on behalf of the Board, for his contribution to the Company over the course of the past year and offer to him

our best wishes for the future."

Enquiries:

Brunswick Jonathan Glass 020 7404 5959 Simon Sporborg 020 7404 5959

END

Oh, and:

NEWCASTLE UNITED PLC ORDINARY SHARES OF 5P EACH; FULLY PAID GB0006572795

-- Anonymous, June 07, 2000

Answers

Actually, the club dies make a show of the 3.5 mills thing. Just over 4 is another Kevin Gallacher's worth more ((-:

-- Anonymous, June 07, 2000

The fee of $6mm was widely publicised - it's just that our country cousins in the Press can't divide by 1.5.

-- Anonymous, June 08, 2000