Date: 5th March 2007 at 8:11pm
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Having been the subject of two aborted take-over bids in the past 12 months (Belgravia and Polygon) we have revealed that former Barclays man Steve Walton will take up the position in May.

In a statement the club said: ‘Newcastle United PLC is pleased to announce that Mr Steve Walton will be joining the company in May 2007 as PLC chief executive. This move is designed to strengthen the existing management team in view of a number of proposed future developments in and around St James’ Park.’