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am i right in thinking that this so called £40 million pound overdraft has almost been halved with departures of Martins, Bassong, and Beye? Plus between 4 and 6 million off the age bill depending on which journalists figures you believe?

 

I doubt it. We won't get this money up front you know. It'll be paid in installments and part of it will be performance related.

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Guest thefishman

Who is this Thomo character, have any of his claims come to pass?

 

I think Thomo is really Derek Llambias   ;D     :cheesy:

 

More like

http://www.newcastle.gov.uk/wwwimageroot/ns/cityhall/events/derekacorah.jpg

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I still believe Ashley's staying put.

 

He's going to knock any deal away that has fallen short and this is why the fire sale of players has begun.

 

He'll employ a shitpot manager and give him a 10 mil budget to get in 5-6 players.

 

 

 

 

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Guest Pedro_de_geordieo

Like I say Moat is looking at offering 80-90m but he has fallen a bit short of the 100m therefore they are selling to makeup the extra and reduce the wage bill.

 

Done by tomorrow I reckon. O0

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Like I say Moat is looking at offering 80-90m but he has fallen a bit short of the 100m therefore they are selling to makeup the extra and reduce the wage bill.

 

Done by tomorrow I reckon. O0

 

No chance. There could possibly be an agreement in principle but that's about it. Surely you don't do a deal on this scale in a day.

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Blæææææææææææææææææææææææææææhaaaaaaaaaaaaaaaaaaaaaarhj! I'm a about to sue Ashley...

 

Imagine this:

 

"Ashley sued due to boredom"

 

Norwegian claimes his life is destroyed trough boredom due newcastle relegation, lack of sale and manager at the club.

 

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if/when we get promoted, the club will be worth more than 100 million back in the premiership

 

£100m isn't the real cost though is it? When you factor in the overdraft and Ashley's loan the real price is going to be quite a lot more.

 

 

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Caulkin:

 

If a locally fronted consortium assumes control, at least there will be an injection of knowledge and affection back into the club — if not riches — but fans would be wise to steel themselves for a less pleasant outcome, that Mike Ashley retains control of the club.
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Guest Dennis Carter

Like I say Moat is looking at offering 80-90m but he has fallen a bit short of the 100m therefore they are selling to makeup the extra and reduce the wage bill.

 

Done by tomorrow I reckon. O0

 

No chance. There could possibly be an agreement in principle but that's about it. Surely you don't do a deal on this scale in a day.

 

This is Mike Ashley and Del Boy though. Everything would be done out of a suitcase on Gosforth highstreet

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Caulkin:

 

If a locally fronted consortium assumes control, at least there will be an injection of knowledge and affection back into the club if not riches but fans would be wise to steel themselves for a less pleasant outcome, that Mike Ashley retains control of the club.

 

I think Asley should probably steel himself for a less pleasant outcome as well if he doesn't sell. If he was getting death threats in the mail after Keegan left I don't think he'll be getting sent flowers this time round.

 

 

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Like I say Moat is looking at offering 80-90m but he has fallen a bit short of the 100m therefore they are selling to makeup the extra and reduce the wage bill.

 

Done by tomorrow I reckon. O0

 

No chance. There could possibly be an agreement in principle but that's about it. Surely you don't do a deal on this scale in a day.

I would assume talks have been going on for weeks. I doubt it will happen tomorrow, but you never know. If this is all true, it really does seem to be in the final stages. It would be great if we could get something done and a manager appointed before the home double header.

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The billionaire, who banked £900 million when he floated his sports retail empire, Sports Direct, two years ago, believes that he needs to secure a sale quickly to give Newcastle a fighting chance of promotion from the Coca-Cola Championship this season.

 

:lol: :doh:

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Newcastle United are being offered around the City for a fire-sale cash price of £20 million as Barry Moat, a local businessman, races against time to complete a deal to buy the club.

 

The Times has learnt that football intermediaries close to Seymour Pierce, the investment bank hired by Mike Ashley, the Newcastle owner, to sell the club, have contacted several private-equity investors since yesterday to canvass their interest.

 

It is understood the total price tag for Newcastle, who were once being marketed for £400 million, is now between £70 million and £90 million. But, crucially, Ashley is now also offering to loan any buyer the rest of his asking price to secure a sale of the relegated club.

 

How would this work then? ???

 

He'd just want £20m as the cash price, with the rest of the £100m paid back over a number of years? That would be ridiculous.

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Newcastle United are being offered around the City for a fire-sale cash price of £20 million as Barry Moat, a local businessman, races against time to complete a deal to buy the club.

 

The Times has learnt that football intermediaries close to Seymour Pierce, the investment bank hired by Mike Ashley, the Newcastle owner, to sell the club, have contacted several private-equity investors since yesterday to canvass their interest.

 

It is understood the total price tag for Newcastle, who were once being marketed for £400 million, is now between £70 million and £90 million. But, crucially, Ashley is now also offering to loan any buyer the rest of his asking price to secure a sale of the relegated club.

 

How would this work then? ???

 

He'd just want £20m as the cash price, with the rest of the £100m paid back over a number of years? That would be ridiculous.

then surely he can come to an agreement with moat. sounds like he really is desperate to get out though

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