ikri

You've conveniently ignored the additional funds he loaned the club after paying off those debts to cover our ridiculous wage bill and other outgoings. The club has been losing millions each year and wasn't close to breaking even. But don't let facts get in the way of an argument.

If the players revolted and all demanded transfers would that not mean that they'd lose out on loyalty bonuses, etc. that they'd be entitled to if the club put them up for sale? Wonder how much the club would stand to save by accepting transfer requests?

What the fuck is "more than two" bids? Three? Four? Sixty two? What a strange thing to say, even for him. More than two bids would suggest to me that we've had multiple bids from two bidders. One group may have bid £85m and the other has bid the full £100m, the first group has then raised their bid to match. Or it could just be that he's talking crap.

(London on the 7th Integrated) According to British media reports, a consortium from Southeast Asia and the Newcastle owner Ashley has entered a substantive stage of negotiations, the Asian capital is expected to 95 million pounds (500 million ringgit 4,730,000) the price of re - first to enter the league in England. Assets of 259 million The consortium intends to acquire Newcastle Krishnan Malaysia Regal (Ananda Krishnan) led by the Southeast Asian region which is rich in paragraph 3, according to last year's Forbes rich list, to achieve a net worth of 4.5 billion pounds (200 million ringgit 59250000 ), is the world's No. 119 on the rich, who in the oil, entertainment, telecommunications and shipping there is a huge business empire. ASTRO is the boss by Krishnan consortium led by Malaysia, has arrived in London in a few days ago, said Friday they have been invited to go to Newcastle to visit all the facilities the club and returned to London at the weekend to continue negotiations. Ashley in 2007 to 135 million pounds (7.7 billion) price set under the Newcastle, the results of cyana worse, out of the snow last season Rene also does not help the fire, the first time in 16 years demotion. Ashley from the last year have been sold around looking for opportunities to Newcastle last summer demand of his mouth opening to 300 million pounds (17 billion) disc release, but no one took over.

Owen was a passenger in the team for much of the 2nd half of last season. He offered little up front, didn't create space for other players, was completely unable to hold the ball up for other players to join the attack and when he did get chances to score he fluffed them. From January onwards we could have played with 10 men in most games and we'd have struggled to notice the difference. As club captain he should have been leading the other players with his determination to keep the club in the league, instead he shrank from the task appearing more interested in keeping himself injury free for his summer transfer culminating with his "groin strain" before the Fulham game (the one that mysteriously vanished soon after the season finished) forcing a clearly unfit Martins to play with a pain-killing injection for his own groin strain.

This. He's worth holding on too next season not on 85k a week he's not Where are you getting this? Some people here act as if they are on the f***ing board. Give it a rest. All reports point to him being on 60k + even more. What do you reckon he's on then? If not that high? If you believe the press they'll tell you that everyone at the club from the tea lady upwards is earning £60k per week.

Shepherd on his own simply does not have enough cash to fund the club for at least one season in the Championship. Whoever buys the club needs to set aside enough money to pay the wages of all of our current players in the event that we can't shift the high wage earners. That means that they'll need an additional £60m. How is Shepherd going to find that? Borrow against future season ticket sales & sponsorship deals? We've been down that path before with Shepherd and it wasn't pretty. If Shepherd is simply the front man for a consortium who keep him on a very tight leash it might work, but Shepherd on his own is a disaster waiting to happen.

They're unlikely to have more than £60-70m between themselves to purchase the club so they'd have to fund the club through debt again.

Whoever buys the club will need to budget about £60m for the coming season, just to cover wages in the case that we can't shift most of the useless knackers who took us down. Shepherd cannot afford that, he's not worth more than £45m on his own. Either he's found other people with enough cash to buy the club or he's mortgaging the club to fund the purchase like Man Utd.

Nobody will pay 100m as is. 100m+ 100m debt= 200m You honestly believe he is asking for the loan to be repayed as well? there's no loan. What he did was guarantor the debt against his own wealth, the debt is still there. potential buyers are seeing this+ the wage bill for a useless squad, and running a fucking mile,...hence no sale. Those loans are documented in the club's accounts aren't they? If he's knowingly submitted dishonest accounts then getting his asking price for the club will be the least of his problems.

Disagree entirely with that first paragraph. A number of my mates are Liverpool fans including one that knows his wife Louise's Dad well. When he was at LFC he amongst the rest of the team were sponsored by Jaguar. He used to get a brand new Jag each year free and sell his year old one to his now father-in-law at top book price. There is rather a dim view of Michael Owen outside of the North East. There's a rather dim view of Owen in the North East too tbf

I don't really believe it either. But the way they keep going on about it, it'll have to be a massive bit of front by the current lot or if indeed Seymour is making stuff up again. Not sure why anyone would want to pay the 100m now all they have to do is wait for more chaos and pay half that. If there was only 1 interested buyer then that would make sense, but can they afford to gamble with waiting for a drop in price when there's at least 1 other bidder with the cash ready and two more who may have enough to buy the club for the current asking price?

It's the guy who writes for the Mirror isn't it? I seem to remember that he was right about a lot of things going on last year.

Want to supply any evidence for this or have you just guessed?

eh? WE won't be getting a good fee, the money will not be going towards new players for us, it will be going straight in the fat c***s pocket. No money has gone into Ashley's pocket FFS, he will be selling the club at a significant loss by the looks of it. Selling at a loss maybe he is, but say he gets £12mill for Bassong what do you think he will do with the money? Since he's negotiating to sell the club he'll either be forced to reduce his asking price for the club by the same amount or he'll have to leave that money in the club. He cannot sell the club's assets without affecting the valuation of those assets.

To attract visitors (and advertising revenue) to nufcblog I'd guess. Unless you meant why is a Microsoft co-founder interested in the club? Nagger please! They've simply picked his name out of thin air based on his wealth and his ownership of 3 sporting franchises in the US.

To attract visitors (and advertising revenue) to nufcblog I'd guess. Unless you meant why is a Microsoft co-founder interested in the club?

I really hope that you're right. Players like Duff and Smith are the reason that we're in this position. Overpaid, under performing, unmotivated garbage. They might run around a lot when they have to, they might dive into tackles but they have contributed almost nothing in the last couple of years, there were games last season where we'd have probably done better if we'd simply dropped the entire midfield and played 5-5 with the defence hoofing the ball up field. I feel that we'll probably end up being stuck with Barton though, he's a risk for any club to take on and he's on massive wages here, I can't see him taking a wage cut to join another team even if they're in a higher league.

Aye, I'd heard that they only just have the asking price and struggled to raise that. It think its the one fronted by Shep If that's true then they need to rethink their buyout. The club needs major surgery to rebuild a hugely unbalanced squad and that's going to require money, as is spending at least 1 season outside the Premiership. Without the additional TV revenue the club is going to be running at a pretty massive loss again this year unless they can renegotiate every contract at the club. Whoever buys the club is probably going to need to find about £50m this year to cover losses and fund transfers with the same amount being provided for squad strengthening whenever we return to the Premiership. We will be selling a lot of players though which will reduce the wage bill massively and bring in millions of pounds in transfer fees. Even if we only manage to remove £30m from the wage bill and bring in £25m from those player sales we'd be pretty much breaking even this season. Which means the only funds the new owner would need to come up with is transfer money, say £20m. The club can't guarantee that they'll be able to sell anyone. There's no way that we can force the high earners out of the club, they could easily pledge their undying love for the club and bleed us dry for the rest of their contracts. Whoever buys the club really needs to have sufficient funds available to cover the wages of everyone currently at the club, plus be able to fund new transfers. After that any sales should be viewed as a bonus.

Aye, I'd heard that they only just have the asking price and struggled to raise that. It think its the one fronted by Shep If that's true then they need to rethink their buyout. The club needs major surgery to rebuild a hugely unbalanced squad and that's going to require money, as is spending at least 1 season outside the Premiership. Without the additional TV revenue the club is going to be running at a pretty massive loss again this year unless they can renegotiate every contract at the club. Whoever buys the club is probably going to need to find about £50m this year to cover losses and fund transfers with the same amount being provided for squad strengthening whenever we return to the Premiership.

Very mediocre defender. If we need backup players then I'd prefer that some of the younger players got their chance ahead of someone who isn't really likely to get much better than he currently is.

From that story and from the statistical likelihood of getting 8 consecutive away games on Boxing Day I'd hazard a guess that it's down to a request by the club or police, probably the club trying to be cheap and not wanting to pay anything extra to staff for having to open on a bank holiday.

That's disgusting, inexcusable, behaviour from any manager.

So, is the reason that we've not played at home on Boxing Day for years now because the club have requested it or because that guy has some bizarre grudge against the fans?

Rich American with experience in owning a sports franchise, one who possibly has a lot of time on his hands these days. What could possibly go wrong? http://www.scrapetv.com/News/News%20Pages/Politics/Images/george-bush-trying-to-open-door.jpg