Former Newcastle United chairman Freddy Shepherd remains in the frame to takeover Real Mallorca.

The Sunday Sun says plumbing magnate Paul Davidson has failed to meet a 10-day deadline to come up with the 38 million Euros he agreed to pay for the La Liga club.

The judge in charge of cash-strapped Mallorca is now ready to annul that deal and seek a new buyer.

And Shepherd looks like the only credible candidate.

But the long-time Magpies supremo knows as much, and will only consider reviving his interest in Mallorca if there is a dramatic reduction in the club's asking price.

Shepherd would not pay more than 15 million Euros (£11.8 million) at the very most, despite Mallorca's promising start to the La Liga season.