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chicago_shearer

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Posts posted by chicago_shearer

  1. Re the admin story - I'll side with .com's take on this;

     

    Scaremongering

     

    Those club insiders have been busy again, coming up with a tale that the soon-to-be-known outcome of the legal action brought by Kevin Keegan could be a payout so large as to force Newcastle United into administration.

     

    Our interpretation of this is a final attempt by the current powers-that-be to demonise the former United boss and divert the blame for the events of 2008 and subsequently away from them and their former hired hands towards KK.

     

    The automatic 10 point deduction that administration brings would drop us back to thirteenth spot in the current table, but leave Mike Ashley just one of a list of creditors, rather than the recipient of the proceeds of a sale. In short, it sounds like blatant scaremongering.

     

    It's less than six months since club MD Derek Llambias went on the record to deny press reports that relegation would see the club enter administration, saying that:

     

    "There is absolutely no truth in the story whatsoever. It's ridiculous, it's usually based on a rumour and I don't know where these things are hatched.

     

    "We'd have to restructure our own business plan like everybody else. But our finances are strong, and there would be no threat of administration."

     

    The current regime - which until this point have been totally incapable of any sort of media management - have contacted a reporter at The Independent and planted a false story about the club's finances in order to discredit Kevin Keegan, days before they apparently intend to sell the club. 

     

    For the purposes of affecting the outcome of the tribunal or fooling the supporters?

     

    In all honesty? If that's true then it's a last ditch attempt to blacken Keegan's name because they must know that they (the club) are going to lose the case. Keegan gets his pay-out and it's countered that it could push us into admin. It's a dirty trick and a poor one at that.

     

    I think it is very unlikely that Ashley & Llambas have any friends in the media who would print a false story intended to discredit Kevin Keegan, or they would have used them during the last year of chaos and misinformation.  Not shortly before they intend to leave the club, and simply for the purposes of a vendetta against Keegan. 

     

     

  2. Re the admin story - I'll side with .com's take on this;

     

    Scaremongering

     

    Those club insiders have been busy again, coming up with a tale that the soon-to-be-known outcome of the legal action brought by Kevin Keegan could be a payout so large as to force Newcastle United into administration.

     

    Our interpretation of this is a final attempt by the current powers-that-be to demonise the former United boss and divert the blame for the events of 2008 and subsequently away from them and their former hired hands towards KK.

     

    The automatic 10 point deduction that administration brings would drop us back to thirteenth spot in the current table, but leave Mike Ashley just one of a list of creditors, rather than the recipient of the proceeds of a sale. In short, it sounds like blatant scaremongering.

     

    It's less than six months since club MD Derek Llambias went on the record to deny press reports that relegation would see the club enter administration, saying that:

     

    "There is absolutely no truth in the story whatsoever. It's ridiculous, it's usually based on a rumour and I don't know where these things are hatched.

     

    "We'd have to restructure our own business plan like everybody else. But our finances are strong, and there would be no threat of administration."

     

    The current regime - which until this point have been totally incapable of any sort of media management - have contacted a reporter at The Independent and planted a false story about the club's finances in order to discredit Kevin Keegan, days before they apparently intend to sell the club. 

     

    For the purposes of affecting the outcome of the tribunal or fooling the supporters?

  3. Newcastle face administration, loss of points

    By Soccernet staff

    September 24, 2009

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    Newcastle United could be forced into administration if former boss Kevin Keegan wins a massive compensation pay-out.

     

     

    Owner Mike Ashley is expected to know by Friday how much money, if any, the club owes its former manager as he waits to hear from a Premier League independent arbitration panel on Keegan's constructive dismissal claim.

     

    Some at the club fear Keegan could be awarded far in excess of the £9 million which has been reported if he successfully argues his case.

     

    Should the outcome cause Ashley to choose administration, the Magpies would lose 10 Championship points, a penalty which would undermine their efforts to drag themselves back into the Premier League at the first attempt.

     

    It is just over a year since Keegan left St James' Park for the second time as manager amid a furious bust-up over the club's transfer policy. His departure came following the deadline day arrivals of striker Xisco and loan signing Ignacio Gonzalez, both allegedly without his knowledge.

     

    His case is understood to rest on his claims that his position had become untenable, while Newcastle's defence is that he was fully aware of the way the recruitment set-up would work under Dennis Wise, then executive director (football), and that he walked out on his contract.

     

    The two parties met in an attempt to find a solution days later, but were unable to do so, and arbitration talks since have also proved unsuccessful.

     

    After Keegan left, Chris Hughton, Joe Kinnear, Hughton again and Alan Shearer had spells as manager, but none of them were able to prevent relegation at the end of last season.

     

    Ashley held talks with Shearer in the immediate aftermath of the drop to discuss the way forward, but then decided instead to put the club up for sale for the second time.

     

    But almost four months on and despite lengthy negotiations with a series of potential buyers, none has yet finalised a £100 million deal to end the sportswear magnate's ill-fated tenure.

     

    The playing staff has been greatly reduced by a summer exodus which has seen a wage bill of £74 million cut by around half, and as the club awaits developments on the Keegan front, only two loan signings - Danny Simpson and Zurabs Khizanishvili - have arrived to plug the gap.

     

     

    http://www.independent.co.uk/sport/football/football-league/newcastle-could-be-forced-into-administration-1792500.html

     

    On the Independent as well.

     

     

  4. It's ludicrous to call Kevin Keegan a failure. "Cry Baby" is much more apt.

     

    The upcoming tribunal/ court case is one of these where i really don't want to see either side win. Not Ashley because he's loathesome and not Keegan because i don't think he's due anything.

     

    I can understand a healthy debate over Keegan's sacking and his role in what happened last season, but surely there isn't anyone that wants to see him awarded the 8 million?  Unless I'm mistaken, that would be money from NUFC to Kevin Keegan, not Mike Ashley to Kevin Keegan?  So it would be the club losing out?

  5.  

    CHARLES SALE: Fraud probe may force Ashley sale

     

    But there is still a rival offer from football entrepreneur Geoff Sheard, who has the backing of a children’s charity foundation. The American directors refute the scepticism of Newcastle’s selling agents Seymour Pierce about their funding capabilities and say Newcastle would not have given them confidential data to analyse if they weren’t considered real contenders.

     

    However, the female CEO has yet to meet Ashley

     

    Read more: http://www.dailymail.co.uk/sport/article-1213480/CHARLES-SALE-Fraud-probe-force-Ashley-sale.html#ixzz0R7sltFsq

     

    :lol:  The Daily Mail.  :facepalm:

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