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So who's going to buy the club?


Dave

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oh, hear we go again "i heard from a top Euro manager last night"  :rolleyes:

 

To be fair to Oliver he was ridiculed when he said 'we would not believe who was interested in the job' after Allardyce was sacked. He got that one spot on.

 

didnt he talk about a super agent or someone calling him? cant quite remember exact article.

The agent of a "top continental manager" rang him asking for chris morts cell #.  mackems.gif mackems.gif mackems.gif mackems.gif
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oh, hear we go again "i heard from a top Euro manager last night"  :rolleyes:

 

To be fair to Oliver he was ridiculed when he said 'we would not believe who was interested in the job' after Allardyce was sacked. He got that one spot on.

 

didnt he talk about a super agent or someone calling him? cant quite remember exact article.

The agent of a "top continental manager" rang him asking for chris morts cell #.  mackems.gif mackems.gif mackems.gif mackems.gif

 

thats the one.

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oh, hear we go again "i heard from a top Euro manager last night"  :rolleyes:

 

To be fair to Oliver he was ridiculed when he said 'we would not believe who was interested in the job' after Allardyce was sacked. He got that one spot on.

 

didnt he talk about a super agent or someone calling him? cant quite remember exact article.

The agent of a "top continental manager" rang him asking for chris morts cell #.  mackems.gif mackems.gif mackems.gif mackems.gif

Thats not the same story. He claimed that on another day.

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oh, hear we go again "i heard from a top Euro manager last night"  :rolleyes:

 

To be fair to Oliver he was ridiculed when he said 'we would not believe who was interested in the job' after Allardyce was sacked. He got that one spot on.

 

didnt he talk about a super agent or someone calling him? cant quite remember exact article.

The agent of a "top continental manager" rang him asking for chris morts cell #.  mackems.gif mackems.gif mackems.gif mackems.gif

Thats not the same story. He claimed that on another day.

 

its the story that i was originally talking about.

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Guest sicko2ndbest

Dubai investors told: Newcastle is yours for $860mn

by Anil Bhoyrul and Andrew White

 

Newcastle United owner Mike Ashley is seeking a staggering $860 million to sell his club to Dubai investors, Arabian Business has learned.

 

The figure – more than double what Ashley has invested in the club – is contained in documents handed to representatives of Dubai’s Ruler Sheikh Mohammed bin Rashid Al-Maktoum earlier this week.

 

The documents are currently being studied in greater detail, and it is understood that a takeover offer at a “much lower” price could be made.

 

Both Dubai-based Zabeel Investments – which is building an eco-friendly hotel with Hollywood superstar Brad Pitt - and Dubai Investment Group, part of Dubai Holding, are being considered to front any deal.

 

However, Zabeel Investments chairman Mohammed Ali Al Hashimi stressed that he had not been directly approached over any takeover deal.

 

“We have not had any contact,” he told Arabian Business. “I am not interested in any [English Premier League club] right now.”

 

Ashley bought the club in May last year, but Newcastle fans have been calling for him to sell the club following the resignation of manager Kevin Keegan last week.

 

In a statement on Sunday night, Ashley announced he was selling the club, saying: “I paid $238 million out of my own pocket for the club. I then poured another $195 million into the club not to pay off the debt, but just to reduce it.

 

"The club is still in debt. Even worse than that, the club still owes millions of pounds in transfer fees. I shall be paying out many more millions over the coming year to pay for players bought by the club before I arrived.”

 

According to the sale documents, Ashley wants to recoup his entire investment, plus take a massive profit.

 

“That price is just too much for this club, but we will see what happens and what offer can be made,” a source close to the talks told Arabian Business.

 

Last year Al Hashimi revealed that Zabeel Investments had been part of the Dubai-led consortium that failed to buy Liverpool Football Club in February 2006.

 

The Dubai-based diversified investment company is focused on the areas of commercial real estate development and management, private equity and asset management across a wide range of economic sectors in the UAE.

 

Dubai Investment Group is part of Dubai Holding, it has invested in capital markets and real estate in the Indian sub-continent and South East Asia. Both companies are owned by Dubai’s Ruler Sheikh Mohammed.

 

The club was not immediately available for comment.

 

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I'm not sure I believe the figures being mentioned there, what Ashley puts the club up for and what he sells at are probably a ways a part however I would grow more suspicious of his motives all along if he was looking to make this kind of profit on the club.

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Guest optimistic nit

i think if you want someone buying your club, then you want them to come to you, its shows that they have real interest and desire. it looks like we've just gone to dubai and flouted our club around to anyone who wants it. it really worries me that we're going to get someone in with motives we may not agree with.

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http://www.arabianbusiness.com/531289-uae-investors-told-newcastle-is-yours-for-860mn?ln=en

However, Zabeel Investments chairman Mohammed Ali Al Hashimi stressed that he had not been directly approached over any takeover deal.

 

“We have not had any contact,” he told Arabian Business. “I am not interested in any [English Premier League club] right now.”

 

But this is the site who were just talking about it on SSN. ???

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