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Keegan in fresh Toon link
Newcastle United, 14:39, July 30, 2009 ,
Newcastle are set to enter takeover talks with a Dubai tycoon who plans to install Kevin Keegan as manager at St James' Park.
Newcastle's managing director Derek Llambias claims he is to meet Dubai tycoon Sirous Mahjoob in the next few days to discuss a potential £100million takeover of the club, with Keegan tipped for a third spell as manager at Newcastle United.
Llambias explained there are several parties interested in the Championship side and expects a takeover to be completed within a week.
"We are dealing with several people and giving most of our time and attention to the sale." Llambias told the Sun after Newcastle's goalless draw with Leeds United.
"You must remember that some parties make offers but when it comes to putting up proof of funds they are a long way from sealing a deal. But I can say we are very close to completing a deal and it could happen next week."
A spokesman for Mahjoob claimed there would be money for new players and that Keegan would be the man appointed as boss.
The spokesman said: said: "The money is there. Mr Mahjoob has a healthy interest in football and is bidding to take over an ailing club with a great worldwide reputation.
"He envisages a clean sweep with Kevin Keegan coming back as manager, this time with his own staff and control of players.
"Last time Keegan inherited a lot of people he didn't necessarily want and we don't want the same situation again.
"He has nothing against (Alan) Shearer. He just thinks Keegan retains greater global appeal."