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Ashley wants $860m for NUFC.


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Guest optimistic nit

   He try to Kill us no one will buy us with this amount and with no manger we would be relgated..    Cockney Bas**D

 

 

yes! lets all jump to conclusions.

 

You're forgetting that a bloke on SSN said it.

 

 

 

DELUDED.

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Sky aren't relevant.

 

Anil Bhoyrul was the guy on Sky and he wrote the story in the first place. He says he's outside an hotel and Ashley is inside having a meal.

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Guest elbee909

Sky aren't relevant.

 

Anil Bhoyrul was the guy on Sky and he wrote the story in the first place. He says he's outside an hotel and Ashley is inside having a meal.

 

Actually he's got two people who've got zero experience of cooking, they're eating it for him.  Unfortunately they've pissed off the entire restaurant by going in and telling the chef to put HP sauce in the foie gras and he's fucked off out the back-door.

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

Dubai investors told: Newcastle is yours for $860mn

by Anil Bhoyrul and Andrew WhiteThis email address is being protected from spam bots, you need Javascript enabled to view it on Tuesday, 16 September 2008

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.

 

English football club seeks Arab investors

EXCLUSIVE: Championship side Burnley eyes Gulf help to fund $50mn stadium revamp.

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Is it at all possible that the 481m fee is 300m for the club, 80m to guarantee club debts, and a further 100m pledge towards transfers to make us lot accept them?

 

What about the other £1 million?

 

They're donating that towards our server.

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Is it at all possible that the 481m fee is 300m for the club, 80m to guarantee club debts, and a further 100m pledge towards transfers to make us lot accept them?

 

What about the other £1 million?

 

Dennis Wise's payoff.

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Is it at all possible that the 481m fee is 300m for the club, 80m to guarantee club debts, and a further 100m pledge towards transfers to make us lot accept them?

 

What about the other £1 million?

 

They're donating that towards our server.

Is it at all possible that the 481m fee is 300m for the club, 80m to guarantee club debts, and a further 100m pledge towards transfers to make us lot accept them?

 

What about the other £1 million?

 

Dennis Wise's payoff.

 

I preferred Andy's response.  :smug:

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Is it at all possible that the 481m fee is 300m for the club, 80m to guarantee club debts, and a further 100m pledge towards transfers to make us lot accept them?

 

No, it's not possible.

 

And you would know that how?

 

No-one knows anything.

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Guest johnson293

Classic selling ploy - go in with a huge price, and hope someoes daft enough to pay it, but be prepared to come down.

 

What the article didn't say was the actual price in the document was $860m o.n.o.!!  :pow:

 

If it was an eBay auction, it would 'Buy-it-Now or Best Offer'!!  :snod:

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