madras Posted August 6, 2009 Share Posted August 6, 2009 I dont understand that Times article im afraid. I think they're saying he's now so desperate to flog it that: 1. He's written off his losses. 2. He's willing to take £70-90m all in. 3. He's willing to sell it for just £20m up front, with the rest paid at a later date. What a bipolar c***. Cheers. So £20mil upfront is all people are willing to pay? Not necessarily. As I said just above, this might be just to panic the existing bidder(s). even if it were true the 20mill up front is not "the" price. Link to post Share on other sites More sharing options...
Guest Pedro_de_geordieo Posted August 6, 2009 Share Posted August 6, 2009 I thought Shepherd was supposed to have bid about 60m so why didn't he take that?. I think that article is bollocks tnh. Link to post Share on other sites More sharing options...
Matt Posted August 6, 2009 Share Posted August 6, 2009 The value in the offer depends very much on the repayment terms of the remainder. You still need to add in about £50m just to sort the wage bill out. Link to post Share on other sites More sharing options...
madras Posted August 6, 2009 Share Posted August 6, 2009 I thought Shepherd was supposed to have bid about 60m so why didn't he take that?. I think that article is bollocks tnh. thats probably all he offered though whereas ashley wants more....even if it starts with just 20mill up front. not sure if i've been reading this right but it seems like some folk are thinking the club is up for sale at 20mill. Link to post Share on other sites More sharing options...
Cronky Posted August 6, 2009 Share Posted August 6, 2009 If it's true, it sounds like Ashley is trying to make it as easy as possible for Moat or someone like him to buy the club. If a buyer is having to borrow money to finance the deal, then the interest payments would leave less money for buying players and therefore a possible continuing downward spiral would be set up. That uncertain future may be what's putting buyers off. If Ashley is allowing interest-free payment by instalments, dependent on results, then the risk is far less and someone might take the plunge. Link to post Share on other sites More sharing options...
Dave Posted August 6, 2009 Share Posted August 6, 2009 I dont understand that Times article im afraid. I think they're saying he's now so desperate to flog it that: 1. He's written off his losses. 2. He's willing to take £70-90m all in. 3. He's willing to sell it for just £20m up front, with the rest paid at a later date. What a bipolar c***. Cheers. So £20mil upfront is all people are willing to pay? Not necessarily. As I said just above, this might be just to panic the existing bidder(s). even if it were true the 20mill up front is not "the" price. No, but it would surely get loads more people interested. Link to post Share on other sites More sharing options...
Guest Pedro_de_geordieo Posted August 6, 2009 Share Posted August 6, 2009 Hmmm I recall there was a must provide proof of funds requirement befor you could do due dillybob? also they have been negociating for weeks and just today he's said "Moat you don't have enough mate" Link to post Share on other sites More sharing options...
David Icke - Son of God Posted August 6, 2009 Share Posted August 6, 2009 To me it sounds like all the interest from major parties has disappeared and he's trying to get them back in. Link to post Share on other sites More sharing options...
TRon Posted August 6, 2009 Share Posted August 6, 2009 If it's true, it sounds like Ashley is trying to make it as easy as possible for Moat or someone like him to buy the club. If a buyer is having to borrow money to finance the deal, then the interest payments would leave less money for buying players and therefore a possible continuing downward spiral would be set up. That uncertain future may be what's putting buyers off. If Ashley is allowing interest-free payment by instalments, dependent on results, then the risk is far less and someone might take the plunge. If it's true then why doesn't Ashley just quietly get the deal done with Moat or whoever rather than leak these favourable terms through the press? Link to post Share on other sites More sharing options...
Willow Posted August 6, 2009 Share Posted August 6, 2009 http://www.skirge.pwp.blueyonder.co.uk/nufcsig.jpg Link to post Share on other sites More sharing options...
dcmk Posted August 6, 2009 Share Posted August 6, 2009 If it's true, it sounds like Ashley is trying to make it as easy as possible for Moat or someone like him to buy the club. If a buyer is having to borrow money to finance the deal, then the interest payments would leave less money for buying players and therefore a possible continuing downward spiral would be set up. That uncertain future may be what's putting buyers off. If Ashley is allowing interest-free payment by instalments, dependent on results, then the risk is far less and someone might take the plunge. If it's true then why doesn't Ashley just quietly get the deal done with Moat or whoever rather than leak these favourable terms through the press? who said he leaked anything? Link to post Share on other sites More sharing options...
Chrisjraby Posted August 6, 2009 Share Posted August 6, 2009 To me it sounds like all the interest from major parties has disappeared and he's trying to get them back in. I agree. This stinks of desperation. Link to post Share on other sites More sharing options...
TRon Posted August 6, 2009 Share Posted August 6, 2009 If it's true, it sounds like Ashley is trying to make it as easy as possible for Moat or someone like him to buy the club. If a buyer is having to borrow money to finance the deal, then the interest payments would leave less money for buying players and therefore a possible continuing downward spiral would be set up. That uncertain future may be what's putting buyers off. If Ashley is allowing interest-free payment by instalments, dependent on results, then the risk is far less and someone might take the plunge. If it's true then why doesn't Ashley just quietly get the deal done with Moat or whoever rather than leak these favourable terms through the press? who said he leaked anything? How else would it become public knowledge? Link to post Share on other sites More sharing options...
Dave Posted August 6, 2009 Share Posted August 6, 2009 To me it sounds like all the interest from major parties has disappeared and he's trying to get them back in. I still believe in the Moat bid. Fuck knows how much it is or anything though, and it certainly doesn't stack up with this story. Link to post Share on other sites More sharing options...
Dave Posted August 6, 2009 Share Posted August 6, 2009 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. I can't get over that shit though. NOW? HE'S JUST REALISED NOW? Can't possibly be true... can it? Link to post Share on other sites More sharing options...
dcmk Posted August 6, 2009 Share Posted August 6, 2009 If it's true, it sounds like Ashley is trying to make it as easy as possible for Moat or someone like him to buy the club. If a buyer is having to borrow money to finance the deal, then the interest payments would leave less money for buying players and therefore a possible continuing downward spiral would be set up. That uncertain future may be what's putting buyers off. If Ashley is allowing interest-free payment by instalments, dependent on results, then the risk is far less and someone might take the plunge. If it's true then why doesn't Ashley just quietly get the deal done with Moat or whoever rather than leak these favourable terms through the press? who said he leaked anything? How else would it become public knowledge? Only one man is involved in the sale process? Link to post Share on other sites More sharing options...
Ashley17 Posted August 6, 2009 Share Posted August 6, 2009 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. I can't get over that s*** though. NOW? HE'S JUST REALISED NOW? He basically logged on to his laptop today and was checking his e-mails and he got one of those reminders in Outlook saying the start of the season was 2 days away and he's s*** himself. Link to post Share on other sites More sharing options...
Dave Posted August 6, 2009 Share Posted August 6, 2009 Link to post Share on other sites More sharing options...
midds Posted August 6, 2009 Share Posted August 6, 2009 Not sure who's got a bid in or how much it's worth but I get the feeling that things are coming to a head and we're going to be sold very soon. No idea who is going to take over but Ashley's on his way out and that alone will remove the black cloud hanging over us. From what I gather, the fans just want him to go so they can get back to supporting the lads on the park. Link to post Share on other sites More sharing options...
mofo Posted August 6, 2009 Share Posted August 6, 2009 Has thommo been back on & said anymore about his ITK? Link to post Share on other sites More sharing options...
TRon Posted August 6, 2009 Share Posted August 6, 2009 If it's true, it sounds like Ashley is trying to make it as easy as possible for Moat or someone like him to buy the club. If a buyer is having to borrow money to finance the deal, then the interest payments would leave less money for buying players and therefore a possible continuing downward spiral would be set up. That uncertain future may be what's putting buyers off. If Ashley is allowing interest-free payment by instalments, dependent on results, then the risk is far less and someone might take the plunge. If it's true then why doesn't Ashley just quietly get the deal done with Moat or whoever rather than leak these favourable terms through the press? who said he leaked anything? How else would it become public knowledge? Only one man is involved in the sale process? Only the selling party has anything to gain by making those terms public, I can't see why any of the buying parties would release that information. Link to post Share on other sites More sharing options...
Incognito Posted August 6, 2009 Share Posted August 6, 2009 Ashley has a track record,though,of seeming to be doing the right thing,and then fucking it up,so anything can still happen. Link to post Share on other sites More sharing options...
Guest Geordiekev Posted August 6, 2009 Share Posted August 6, 2009 It's starting to spiral into another pile of crap, like everyone else I just want someone to come out and tell us the TRUTH what the hell is going on as I fear this is another stunt from Fat Mike to state he done his best but no suitable buyer could be sourced. Link to post Share on other sites More sharing options...
Crumpy Gunt Posted August 6, 2009 Share Posted August 6, 2009 Not sure who's got a bid in or how much it's worth but I get the feeling that things are coming to a head and we're going to be sold very soon. No idea who is going to take over but Ashley's on his way out and that alone will remove the black cloud hanging over us. From what I gather, the fans just want him to go so they can get back to supporting the lads on the park. Make absolutely no mistake about it when Ashley does go the supporters you think 'can get back to supporting the lads' quite simply will not. They aren't the rank and file, they are the spectators NOT supporters. Your sentiments are admirable but you'll find in fact it will not happen. Link to post Share on other sites More sharing options...
midds Posted August 6, 2009 Share Posted August 6, 2009 Fucking hell man Skirge. Link to post Share on other sites More sharing options...
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