nbthree3

https://theathletic.com/news/mike-ashley-newcastle-owners/pLzB3OIjSnqj/ Newcastle United’s owners held discussions with Mike Ashley about the businessman retaining a small stake in the club following a takeover, the retailer claims. In an amended claim filed to the High Court, as part of his litigation against Amanda Staveley and Mehrdad Ghodoussi, Newcastle’s co-owners, Ashley, via his company, St James Holdings Limited, also admits to receiving a £17.5 million loan repayment from the club in advance of the £305 million sale, which was concluded on October 7, 2021. The 57-year-old is suing Staveley and Ghodoussi for immediate repayment of a £10 million loan made during the takeover to cover legal and other costs, plus interest accrued, claiming terms were breached when Staveley said she was “looking forward” to removing Sports Direct signage at St James’. One of the terms said the parties agreed not to “make any statement or comment which is derogatory or otherwise in bad faith in relation to the other party or otherwise bring the other party into disrepute”. Within the latest filing, it is claimed that “there had been discussions in or around July 2021 about Mr Ashley retaining a small stake” in Newcastle following the proposed sale to the consortium, which included the Saudi Arabian Public Investment Fund (PIF), as majority 80 per cent shareholders, and the Reuben Brothers and Staveley’s PCP Capital Partners, who were each to hold 10 per cent stakes. Ashley claims that, while “PIF had been open” to him continuing as a minority shareholder, Staveley “was opposed to Mr Ashley’s continued involvement”. Newcastle’s most recent accounts, which covered the final full season of Ashley’s ownership, showed that the retailer was owed £106.9 million as of June 30, 2021, having provided a long-term loan facility to the club. The accounts state that the loan was “interest-free and repayable on demand”. While it had been widely assumed that those loans were included in the £305 million purchase price for the club, Ashley’s amended court documents state that “shortly before closure of the 7 October transaction… a loan repayment of GBP 17,500,000 (was made) to Mr Ashley as per an agreement with the acquiring consortium”. In his amended claim, Ashley says that his company, Sportsdirect.com Retail Limited (SRL), was “due” to pay £2 million per season for “particular signage” at St James’ Park and the club’s Benton training ground from the 2019-20 Premier League campaign. “However, while the sale was being negotiated during the 2019-20 Premier League season,” the document reads, “SRL did not pay the sponsorship fees so as not to increase the cash position balance sheet outside of the pending sale agreement.” Ashley insists that SRL did pay a £1 million “annual fee” in each of the 2017-18 and 2018-19 seasons for these “sponsorship rights”.

Magmatics

Our side: "The goalie is set to have a medical next week after agreeing a deal that could become permanent." Preston: "Woodman is out of contract at St James' Park in 2023 and it's understood he will sign permanently, all being well."

Everton fans on board with Saudi investment now

Nice profile pic too

Account made June 2022

https://www.telegraph.co.uk/football/2022/06/14/manchester-united-offer-deal-christian-eriksen/ Manchester United have made an offer to Christian Eriksen as the playmaker weighs up his options this summer only a year after suffering a cardiac arrest during Denmark’s Euro 2020 game against Finland. Tottenham, Eriksen’s former club, and Newcastle are also interested in signing the 30 year-old, who is available on a free transfer with his short term contract with Brentford due to expire at the end of the month.

I don't think it's fair to dismiss him because he's giving us negative news

https://www.telegraph.co.uk/football/2022/06/13/newcastle-issue-take-leave-ultimatum-sven-botman-transfer/ Newcastle United are ready to walk away from a deal to sign centre-back Sven Botman from Lille after the French club changed their mind about accepting a £30m bid and raised the asking price to £36m. That is likely to prompt a take it or leave it ultimatum from Newcastle this week before they move on to other targets. That stance has already all but ended the Magpies pursuit of Everton striker Dominic Calvert-Lewin after they were quoted an asking price of £60m for the England international. It also brought a swift conclusion to their interest in Brentford’s Ivan Toney, who would have cost upwards of £50m. Neither move will happen unless those prices come down. The same is true of Leeds United winger Jack Harrison, with Newcastle not willing to match his £30m asking price at this stage in the window. The Magpies have always been wary of making a third bid for Botman, as they found Lille were also difficult to deal with in January, when they had two bids rejected. But having been encouraged to bid again for the Netherlands Under-21 international, Newcastle thought a deal was close to being agreed only for the goalposts to be shifted once more.

The lyrics work well I'll give him that

SmarterScout, but whoever runs their Twitter isn't a fan

Footy Insider went with it just before and they say a loan to buy https://www.footballinsider247.com/sources-newcastle-united-star-freddie-woodman-in-talks-to-join-preston-north-end/ "Preston are working on a deal to sign Woodman on loan for next season with a view to a permanent deal."

It's a good job we managed to get him as we tried before. I don't remember Rafa trying to get him but it happened

Programme Pete is his nickname to some here isn't it?

Know he likes giving the eyes to teases

No idea what they're on about today but it looks like the usual

Toontastic's entire Ryder diary thread is amazing for stuff like this https://www.toontastic.net/board/topic/27819-the-secret-diary-of-lee-ryder-aged-44-and-a-half/#comments

Didn't realise it come out like that - Ryder for you, award-winning journalist. Sorry for any trauma this image might give someone