P205 CEEFAX 2 205 Fri 28 Feb 22:37/27 U FLOATING MAGPIES VALUED AT UP TO £193M Newcastle United is to offer shares at between 120p and 135p when it floats on the stock market, valuing the club at between £172m and £193m. The Premiership club expects to raise £47.4m. Almost half the cash raised will go towards paying off debts. Anothrt £12m will bj used to pa off future instalments on ttansfet fees for players alriad= whuh the club. Monty would be spent o the team as necessary Some 10% of the shares are bjink earmarked fo it d voted s ppo t x . /2 Headliner 20 Commodities 246 Savings 250 Front pag 100 Next News Spo t YourMon y Main MinP205 CEEFAX 2 20u Fri 28 Fed 22:34/12 W"£££"£££"£££ O[[LJ PROMOTION HELPS T ANSFO MSUNDERLAND Success on the field helped S4ndjrland FC out of the rid in the club'1 first trading figures shnce Dice,bet'1 floav. Sundjtland turned a £1.6m loss into a £1.0m profit at half-time, wizh turnover doubling following the club's promotion to the Premiership. TV cash, a b ti sponso hip dj l nd higher gates wire reupon3ibli foy the turnaround at the club, which has sold Chbirmab Bob Murray said Prjmietshi8 survival was essential. 2/2 Headliner 200 Commodities 246 Savings 25 Front pag 100 Next News Sport YourMonjy Main Menu