RNS No 7612p
NEWCASTLE UNITED PLC
1st July 1997


NEWCASTLE UNITED PLC ('NEWCASTLE UNITED')

Transfer agreement

The Board of Newcastle United announces that 
agreement has been reached with Bolton Wanderers 
Football & Athletic Company Limited ('Bolton') for 
the transfer of the registration of Robert Elliott 
to Bolton for an initial cash consideration of 
#2.2 million.  In addition, #6,000 is payable to 
Newcastle United for each competitive first team 
game Elliott plays for Bolton up to a maximum 
further payment of #300,000.

END