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The sign of big red letter saying "no sale"  come to mind for some reason.

 

Agreed. I fully expect the fat cunt to turn the bid down, it's clear he's been sounding out Kinnear for this reason.

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Guest Wally_McFool

   I doubt Ashley will sale it to Moat Keith recommended him but my gut feelings is he will sale it to the middle eastern ppl.

 

What if there are no Middle eastern people involved  anymore?  :rolleyes:

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bollocks to the ronnie, this is going to happen. What sets it apart from other rumors is that Ashleys been told to accept the bid apparently. That would indicate that hes been a right stubborn cunt previously IMO

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Guest Pedro_de_geordieo

I still think this is the local involvment that Keith Harris was talking about, maybe they are dismissing it so an offer will come in from another bidder? :banghead:  

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bollocks to the ronnie, this is going to happen. What sets it apart from other rumors is that Ashleys been told to accept the bid apparently. That would indicate that hes been a right stubborn c*** previously IMO

 

According to the paper he has been told that. Same was reported about another bidder a few weeks back.

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bollocks to the ronnie, this is going to happen. What sets it apart from other rumors is that Ashleys been told to accept the bid apparently. That would indicate that hes been a right stubborn c*** previously IMO

 

. Same was reported about another bidder a few weeks back.

 

ah was it, didnt realise

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Doesn't tell you who's dismissed them. Doesn't even mention a source says, f***ing hell, no wonder most people only buy it on a thursday.

Thats right no quotes etc there probably jealous they have been beaten too it ,fingers crossed and rub my lucky cock :fwap:
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Dunno if this has been posted yet:

 

http://www.telegraph.co.uk/sport/5979743/Newcastle-United-takeover-a-step-closer-as-local-millionaire-Barry-Moat-holds-talks.html

Newcastle United takeover a step closer as local millionaire Barry Moat holds talks

Hopes of a deal to rescue Newcastle United rose on Wednesday night as Tyneside-based businessman Barry Moat held talks with advisers to club owner Mike Ashley aimed at securing a £100 million takeover.

 

 

By Paul Kelso, Chief Sports Reporter

Published: 6:30AM BST 06 Aug 2009

 

 

With the start of the new Championship season looming, Telegraph Sport can disclose that Moat was in London on Wednesday night holding talks with representatives from investment bank Seymour Pierce, who are handling the sale on Ashley's behalf. Talks are expected to continue on Thursday.

 

Sources said that while a deal had not yet been concluded, the negotiations with Moat represented the best "exit strategy" for Ashley, who is facing losses of at least £100 million.

 

Moat, an associate of Alan Shearer and an executive box-holder at St James' Park, is the front-runner to buy out Ashley after completing due diligence on the club books in the last week.

 

If a deal can be agreed the formal takeover could take several weeks to complete, but crucially it would allow the club to prepare for the new season with some certainty.

 

Ashley has set an informal deadline of the end of this week for the takeover, but has approached Joe Kinnear about returning as manager should the deal fall through.

 

Should Moat succeed, he is likely to approach Shearer to return to the manager's chair two months after he vacated having failed to keep the club in the Premier League.

 

Under the terms of the proposed deal Moat would put in £50 million of his own money and bring in a further £50 million of outside investment to meet Ashley's asking price.

 

The source of the external investment remains uncertain, but Moat is understood to be confident that he can secure bank or private equity finance to make up the shortfall.

 

Moat has mapped out a vision for the revival of the club based around a new management team, and is hopeful that investors will buy into the prospect of a swift return to the Premier League.

 

Due diligence on the club's books has been carried out by corporate lawyer Timothy Smalley.

 

Moat has been linked with a possible takeover of the club in the past. A millionaire with diverse business interests across the North East, he has significant property holdings and a development portfolio. He is a director of several telecoms companies offering cheap internet-based call services.

 

Should he succeed in pulling off the deal he is likely to be popular with supporters who crave a local owner to take the club forward.

 

Despite clearing most of Newcastle's historic debt when he took over, Ashley's apparent disregard for the club's heritage and the reckless decision-making that contributed to relegation have won him only enemies on Tyneside.

 

Locally owned and with Shearer at the helm, the club would gain important momentum as they attempt to win promotion at the first attempt.

 

A swift return to the Premier League would help alleviate the dire financial consequences of relegation. Newcastle's wage bill stands at more than £65 million, and with Championship revenues likely to be little more than £40 million, the outlook is sobering.

 

Agency First Artists has a mandate from Ashley to offload the highest wage-earners, and at the weekend they secured the sale of Obafemi Martins to Wolfsburg, bringing in €10 million (£8.5 million) and knocking up to £3 million off the wage bill.

 

Further sales will follow, with Sebastien Bassong likely to depart in the coming days for around £9 million and other well-paid players expected to follow.

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