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RIP sale thread.

Tooj

by Tooj
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Guest Thomo

Guest Thomo

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I have been to London today (Work related) it looks like the takeover is happening soon then.

 

I havent spoke to my contact today, but he told me last night that Lambias and Ashley were at a meeting at Seymours today.

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EthiGeordie

EthiGeordie

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http://www.telegraph.co.uk/sport/football/leagues/championship/newcastleunited/5982353/Alan-Shearer-poised-for-Newcastle-return.html

Alan Shearer poised for Newcastle return

Alan Shearer is likely to be reinstated as Newcastle manager if Tyneside businessman Barry Moat completes his takeover of the club.

 

By Paul Kelso Chief Sports Reporter

Published: 11:20AM BST 06 Aug 2009

 

As Telegraph Sport disclosed last night, talks between Moat and advisors to current owner Mike Ashley are underway in London this morning, with the broad terms of a £100m deal thought to have been agreed.

 

While a deal has not yet been confirmed there is a chance that it could be sealed in principle by Saturday, when Newcastle open their first Championship season in 16 years, away to West Bromwich Albion.

 

Shearer, who is currently on holiday in Portugal, is scheduled to be summarising the match for the BBC, and is currently due to fulfil the commitment.

 

He is likely to speak in detail about the prospects of a return to Newcastle on Football focus at lunchtime.

 

Moat, a millionaire with extensive property and telecoms interests, is an associate of Shearer's having served on his testimonial committee, and is expected to offer the former England captain the manager's job.

 

Shearer left the post just two months ago having failed to keep Newcastle in the Premier League, and has made it clear he would relish the chance to bring them straight back up.

 

Lawyers for the two sides are working on the final terms of an agreement that would see Moat pay Ashley £100m for the club.

 

Moat has put up £50m of his own money and is thought to have secured bank funding for the remaining £50m.

 

While negotiations over the sale continue the club continues to try and offload players from the payroll.

 

Sebastien Bassong could depart as early as today, with Tottenham favourites to secure his signature for around £10m, and there is a chance of at least one other departure.

 

 

From the Chief   :thup:

 

God this is sounding too good to be true  :fwap:, must calm expectations   :fool:

 

 

      I like how telgraph writing I hate others take loan to buy a club like the glazers and the Yanks at Liverpool. But if anyone is taking out of loan against the club it is better to be the person with the club at heart. This is all I want to say causiosly optmistic....

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ElDiablo

ElDiablo

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Imagine if Moat takes over and appoints Kinnear. :lol:

 

I'd probably finally be over the edge and go on a killing spree before turning the gun on myself, they'd find me naked in a ditch with a Kinnear 4 Ever massive tattoo on my back like a player has on a shirt, and my face would resemble something close to  :joker:

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AlanSkÃrare

AlanSkÃrare

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I have been to London today (Work related) it looks like the takeover is happening soon then.

 

I havent spoke to my contact today, but he told me last night that Lambias and Ashley were at a meeting at Seymours today.

 

:frantic: ;D  O0 :clap: :thup:

 

I think I need to get a hold of some kind of medication to calm myself down until this is official.

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JH

JH

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Imagine if Moat takes over and appoints Kinnear. :lol:

 

I'd probably finally be over the edge and go on a killing spree before turning the gun on myself, they'd find me naked in a ditch with a Kinnear 4 Ever massive tattoo on my back like a player has on a shirt, and my face would resemble something close to  :joker:

 

I'd just boo at games.

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James

James

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I have been to London today (Work related) it looks like the takeover is happening soon then.

 

I havent spoke to my contact today, but he told me last night that Lambias and Ashley were at a meeting at Seymours today.

 

http://media.comicvine.com/uploads/0/229/98186-152749-principal-skinner_large.jpg

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ElDiablo

ElDiablo

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Imagine if Moat takes over and appoints Kinnear. :lol:

 

I'd probably finally be over the edge and go on a killing spree before turning the gun on myself, they'd find me naked in a ditch with a Kinnear 4 Ever massive tattoo on my back like a player has on a shirt, and my face would resemble something close to  :joker:

 

I'd just boo at games.

 

Disgrace.

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Guest sicko2ndbest

Guest sicko2ndbest

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I have been to London today (Work related) it looks like the takeover is happening soon then.

 

I havent spoke to my contact today, but he told me last night that Lambias and Ashley were at a meeting at Seymours today.

 

Ok Thomo enough of the bullshit.

 

:)

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Guest sicko2ndbest

Guest sicko2ndbest

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Sicko, Good evening, nice to see you are in fine fettle as always  :clap:

 

Only kiddin Thomo i'm starting to come round to you a bit now  :hom:

 

I hope to god this goes through. Get onto you ITK and see what else he has to say. Todays a good day so a bit more bullshit wont hurt  :razz:

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Guest ObiChrisKenobi

Guest ObiChrisKenobi

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what haappened to the days when people who wanted to buy something,  just went and fucking bought it.

 

Probs checking play.com first to make sure its not cheaper.

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ElDiablo

ElDiablo

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Sweepstake for the denial? Tomorrow at 13.14.

 

From whom? Llambias has already had his chance.

 

Lets say from Moat then. "We had talks but they were giving us nothing and playing hard ball, we met their demands but they hiked the price up 10m at the last minute"

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Guest AliLochhead

Guest AliLochhead

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:-[

http://www.timesonline.co.uk/tol/sport/football/article6740830.ece

August 5, 2009

Mike Ashley told to accept Barry Moat bid for Newcastle

 

Exclusive

 

Seymour Pierce, the investment bank charged with handing the sale of Newcastle United, will recommend to Mike Ashley, the club's owner, that he accepts a bid from a consortium led by Barry Moat, a prominent Tyneside businessman.

 

Keith Harris, Seymour Pierce's executive chairman, has been involved in painstaking negotiations with a group fronted by Moat, who is a longstanding box-holder at St James' Park. Moat, who may have backing from the United States, is now regarded as Harris's preferred bidder and at some time over the next 48 hours, Ashley will be asked to accept a formal offer for Newcastle.

 

As The Times reported yesterday, Ashley has issued an ultimatum of Friday for bids to be made. Since putting the club on the market at the end of last season, when Newcastle were relegated from the Barclays Premier League, he has been demanding a price of £100m.

 

If Moat's bid is accepted, it will represent a positive development for Alan Shearer, who remains eager to be appointed Newcastle's manager and is close to Moat, who the chairman of the former England striker's testimonial committee. If Ashley decides to reject the offer, the sportswear retailer intends to retain possession of the club for at least another season and is prepared to pump in a further £40m of his own money to cover wages and other costs.

 

http://www.chroniclelive.co.uk/nufc/newcastle-united-news/2009/08/05/ashley-to-be-advised-to-accept-barry-moat-bid-for-nufc-72703-24329156/

Ashley to be advised to accept Barry Moat bid for NUFC

 

Aug 5 2009 By Luke Edwards

 

MIKE Ashley will be advised to accept a bid from a consortium fronted by local businessman Barry Moat by the bank in charge of the sale of Newcastle United.

 

Moat's offer, which is understood to  include significant financial backing from American parties, is due to be named as the preferred bid by merchant bank Seymour Pierce in the next 48 hours.

 

It is not known whether the bid matches Ashley's £100m asking price, which may still prove to be a stumbling block to any takeover given the sports retailer's determination to hold out for that sum.

 

If the bid is turned down, Ashley is expected to take the club off the market, with Joe Kinnear angling after a return as manager following claims on Wednesday afternoon that he has already been offered a two-year contract.

 

Nevertheless, sources close to the deal last night indicated this was a significant breakthrough in the sale process and may signal the beginning of the end of a saga which has plunged the club into crisis following relegation to the Championship back in May.

 

Moat will look to appoint Alan Shearer as manager as soon as a deal is completed and, given the turmoil at St James's Park and the severe damage that has been done as the sale has dragged on into a fourth month, Ashley will be under enormous public pressure to accept the offer and bring an end to a dreadful chapter in the club's history.

 

Shearer has almost certainly been aware of Moat's interest for several weeks as the businessman was chairman of his testimonial committee and is a prominent box holder at St James's Park.

 

Shearer, who is on holiday in Portugal, was unavailable for comment although sources close to the former United skipper insisted he was "relaxed" about the situation.

 

http://www.thesun.co.uk/sol/homepage/sport/football/2573639/Barry-Moat-set-to-takeover-Newcastle-United.html?OTC-RSS&ATTR=Football

When the Moat comes in for Toon

 

By ANDREW DILLON

 

Published: Today

 

A NEWCASTLE tycoon is poised to save the Toon - and bring back Alan Shearer as boss.

 

The Sun can reveal businessman Barry Moat is the new frontrunner in a £100million buy-out from Mike Ashley.

 

And his first task will be to install Geordie legend Shearer as permanent manager.

 

Moat was chairman of Big Al's testimonial committee three years ago and the pair remain close.

 

He also has a plush executive box at St James' Park.

 

A City source last night confirmed: "Barry is Newcastle's best hope of salvation.

 

"Talks are well advanced, although nothing is signed yet.

 

"He's a Newcastle fan through and through. He loves the club and has been devastated by what's happened.

 

"He'll do everything he can to make this deal happen."

 

Newcastle fans are desperate for a local man to ride to their rescue after the nightmare of owner Ashley's disastrous reign.

 

Shearer went public in June and declared the club needed a northerner to repair the carnage left behind by Ashley's 'Cockney Mafia' of Dennis Wise, Derek Llambias and Tony Jimenez.

 

Moat invested substantial sums into the club's academy, saying: "As a lifelong Newcastle fan, I am delighted to support the club's new initiatives of investing in the academy and enabling more young fans in the region to see their heroes play.

 

"It's vital for a club like Newcastle to make sure it recruits the best young footballers at an early age and encourages them to develop their full potential."

 

Moat, founder and director of workplace retail giant Premier Direct, renewed his executive box at the club for five seasons in 2008.

 

Shearer is in a no-man's land, with Ashley reluctant to re-appoint him as Newcastle boss until a new owner is found.

 

Despite his failure to save the club from relegation to the Championship, Shearer is far and away the fans' favourite.

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