The businessman heading a South African consortium bidding to take over Newcastle has confirmed he has spoken to Kevin Keegan about returning to the club as manager.
Johnathan Cleland met the 57-year-old, whose resignation last month led to protests which sparked Mike Ashley's decision to sell the Magpies, in Manchester on Monday evening and was encouraged by what he heard.
Cleland told the city's evening newspaper, the Evening Chronicle: "My meeting with Kevin went very well. I am hugely impressed with him and I got the sense there is a good chemistry between us and there is a strong mutual interest in working together.
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"He is our preferred option, but we can't make any concrete decisions on the management position until negotiations on our planned takeover are further advanced.
"I think he understands and supports our concept of developing the club organically."
Cleland's comments came as the group he leads stepped up their attempts to buy the club.
He revealed his consortium is "80% confident" of managing to push through a deal as up to eight prospective buyers jockey for position.
It is understood Ashley actually valued the club at around £300 million and that the South Africans propose to pay half the money up front and the remainder over the following 12 months.
CREDIT CRUNCH RELIEF - A GUARANTEED PROFIT OF AT LEAST £43.60 ON MANCHESTER CITY v ARSENAL
The Premier League returns to action this weekend and did you know that it is possible to win money on Saturday afternoon's clash between Manchester City and Arsenal, whatever the result?
The game kicks off at 3.00pm UK Time and we can guarantee you a profit of at least £43.60, whatever the result of the match. All you have to do is follow the simple instructions below and then sit back and enjoy the game. At full-time, you will be at least £43.60 better off, whatever the result of the match.
We must point out that if you want to take this bet, you should do it now because if the odds change, then the figures here will be invalidated. If they have changed, let us know and we will rework the bet for you.
You can still do this if you have a Betfair account but your overall profit will be reduced by £25.00 as you won't receive the £25.00 cashback as an existing account holder.
If you are unsure about this bet, you are most welcome to call us on 01642 223229 and we will help you as much as we can.
We're going to lay out a total of £111.00 on the Manchester City v Arsenal match and we will collect £154.60 if Arsenal win, £155.00 if Manchester City win and £156.86 if it is a draw. That's a minimum profit of 39%, a much higher interest rate than you will get in any high street bank.
Here's how it's done. Just follow these simple instructions.
Open an account with Betfair. It is really important that you enter the promotional code of FTB125 when prompted. This is to ensure that you receive your bonus.
Sky Bet will now add a £20.00 free bet to your account. Place this on Arsenal as well. You will now have £68.00 riding on Arsenal.
Back the draw with £38.00 at 3.6 (or higher if available) with Betfair.
Place £25.00 on Manchester City at 3.1 (21/10) with Extrabet.
Extrabet match your first bet up to £25 so you will now have £50.00 riding on Manchester City.
The £25.00 matched bet will not show in your account but you can read all about how it works on the Extrabet site. It's the purple box that says '£25 FREE BET FOR NEW CUSTOMERS' on the top right hand side. Click here to visit the Extrabet site.
If you are unsure about placing these bets, please feel free to mail us or call us on 01642 223229 and we will talk you through it, no problem at all. There is no such thing as a stupid question.
You have temporarily laid out a total of £111.00 on the Manchester City v Arsenal match. I stress, temporarily... Now sit back, crack a beer open and enjoy the match.
4. Here's what happens at the end of the game. All winnings are paid out on the ninety minute result.
If Arsenal win, you collect £154.60. That's £129.60 from Sky Bet plus a £25.00 cashback from Betfair.
If it's a draw, you collect £156.86. That's £131.86 from Betfair plus a £25.00 cashback from Betfair.
If Manchester City win you collect £155.00. That's £130.00 from Extrabet plus a £25.00 cashback from Betfair.
5. This means that the worst case scenario on the Manchester City v Arsenal match is Arsenal win and you make £43.60 profit. However, if Manchester City win you make £44.00 and if it's a draw win you make £45.86. That's a minimum profit of 39%, a much better rate of interest that you would get at any high street bank or building society.
6. It is absolutely vital that you click on the links on this page to open the accounts with the three bookies and enter the correct bonus codes or you may not qualify for the bonuses.
Also, before you place your bets, you should check that the odds haven't changed. If they have, let us know by mail or phone us on 01642 223229 and we will rework the bet for you.
Please feel free to contact us or phone us on 01642 223229 if you have any questions at all about this bet and we will help you as much as we can.
Please note that the bonuses are valid for new customers only so if you already have an account with one or more of the bookies we are using, you won't be able to do this. If that is the case, mail us or phone us on 01642 223229 and we'll create an alternative bet for you using different bookies.
This method of betting was used very successfully during the 2006 World Cup and you can read all about how it was done right here.
We guarantee this bet
It's understandable that some people will not believe that it is possible to do this. "What's the catch?" I hear you asking. My answer to that question is that this is the fifth season that we have been publishing arbitrage bets and literally hundreds of people have profited from following the advice on these pages.
Only twice has our refund guarantee been triggered and that was when we did all the figures wrong and sent refunds out to those who had followed our advice and made a small loss.
Our refund guarantee works like this. If this bet doesn't work like we say it will and you end up out of pocket, we will refund your losses. Simple as that.
That means that you simply cannot lose on this, whatever happens and even if we messed up the numbers.
The only stipulation here is that you must click on the links on this page to be eligible for the refund guarantee, not that you'll be needing to claim anyway. Just enjoy the profit and stay posted for many more of these throughout the season.