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RIP sale thread.

Tooj

by Tooj
in Football

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I would rather pay fat man off asap, wouldn't fancy owing him 80 million.

Depends on the terms, it may be much more attractive than having to borrow it from elsewhere.

 

Again, I don't think this would automatically attract chancers who only have £20m - that's not something to worry about IMO. Anyone interested will probably still have to prove to SP they can theoretically afford the full thing.

 

If you have the dosh, just pay it off and get rid of him otherwise he will still be hanging round the club like a bad smell.

 

I don't care if Ashley is owed money as long as he's not in control of the club anymore.  Being able to pay £20m up front and owe £80m by a set date (say 4 years) is like getting a £80m interest free loan.  They can then use some of that 80m to finances what they want to do with the club instead of potentially having to go to the banks and lumber us with millions of pounds in interest payments.

 

What makes you think it will be interest free?

 

The club was days away from administration in the Premiership with a £70m debt according to Mort/Ashley/Llambias. How are we going to survive with a £120m debt in the Championship?

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JH

JH

Posted
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I would rather pay fat man off asap, wouldn't fancy owing him 80 million.

Depends on the terms, it may be much more attractive than having to borrow it from elsewhere.

 

Again, I don't think this would automatically attract chancers who only have £20m - that's not something to worry about IMO. Anyone interested will probably still have to prove to SP they can theoretically afford the full thing.

 

If you have the dosh, just pay it off and get rid of him otherwise he will still be hanging round the club like a bad smell.

 

I don't care if Ashley is owed money as long as he's not in control of the club anymore.  Being able to pay £20m up front and owe £80m by a set date (say 4 years) is like getting a £80m interest free loan.  They can then use some of that 80m to finances what they want to do with the club instead of potentially having to go to the banks and lumber us with millions of pounds in interest payments.

 

What makes you think it will be interest free?

 

The club was days away from administration in the Premiership with a £70m debt according to Mort/Ashley/Llambias. How are we going to survive with a £120m debt in the Championship?

 

Because their track record for telling the truth has always been spot on  :facepalm:

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Posted
Posted

I would rather pay fat man off asap, wouldn't fancy owing him 80 million.

Depends on the terms, it may be much more attractive than having to borrow it from elsewhere.

 

Again, I don't think this would automatically attract chancers who only have £20m - that's not something to worry about IMO. Anyone interested will probably still have to prove to SP they can theoretically afford the full thing.

 

If you have the dosh, just pay it off and get rid of him otherwise he will still be hanging round the club like a bad smell.

 

I don't care if Ashley is owed money as long as he's not in control of the club anymore.  Being able to pay £20m up front and owe £80m by a set date (say 4 years) is like getting a £80m interest free loan.  They can then use some of that 80m to finances what they want to do with the club instead of potentially having to go to the banks and lumber us with millions of pounds in interest payments.

 

What makes you think it will be interest free?

 

The club was days away from administration in the Premiership with a £70m debt according to Mort/Ashley/Llambias. How are we going to survive with a £120m debt in the Championship?

Because their track record for telling the truth has always been spot on  :facepalm:

 

I was being facetious (some people actually believe it you know).

 

Seriously though, having a debt of that size is one thing in the Premier League, it's another thing altogether in the Championship. Interest repayments would be a massive millstone around the club's neck and negate any advantage we had due to our initially larger attendances over the other teams in the division. If we didn't get promoted within a few years, and attendances dwindle as they would, we really would be in serious trouble of going into administration.

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Guest Mani

Guest Mani

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The word from down on the field this morning, I got talking to this bitch that knows Thomo'ss dog she told me.........

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

http://img525.imageshack.us/img525/2674/dscf7638.jpg

 

 

hahaha your dog's a Talibani

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Skirge

Skirge

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The word from down on the field this morning, I got talking to this bitch that knows Thomo'ss dog she told me.........

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

http://img525.imageshack.us/img525/2674/dscf7638.jpg

 

 

hahaha your dog's a Taliban

 

Well when we got him he did come with an AK-47 like

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Guest dotdotuk

Guest dotdotuk

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(checks to make sure Nick Brown isn't BNP...)

 

LETS VOTE FOR NICK BROWN!

 

Dont forget Brown is a friend of Freddie Shepherd!

 

Also if we are to judge people by the company they keep read this...

 

http://archive.thenorthernecho.co.uk/2003/4/19/95371.html

 

I know it is from a while ago but this bloke is now Nick Browns leader in Newcastle - good job they are only in opposition on the council or we might not have any players left!!

 

The bit I like is where the councillor uses the following phrase -

 

"If St James's Park isn't a place of public entertainment then I don't know what is,"

 

He has obviously not been much!!!

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Skirge

Skirge

Posted
Posted
Rudderless Newcastle United have turned a disaster into a crisis

 

The start of a new season should be a time of unbridled optimism. Before a ball is kicked anything is possible. Not at St James' Park it isn't.

By Paul Kelso, Chief Sports Reporter

Published: 4:50PM BST 07 Aug 2009

 

 

Run out of Toon: Newcastle owner Mike Ashley (right) is understood to have lost around £100m since taking over at St James' Park  Photo: PA

 

Rudderless and paralysed by uncertainty, Newcastle begin their first season in the second tier of English football in 16 years, mired in a crisis entirely of their own making.

 

A snapshot of the shambles has been played out this week. In London, Barry Moat has been in takeover talks with bankers working for Mike Ashley, who advise that the Tyneside businessman represents the owner's best chance of an exit strategy. On Friday night, negotiations closed with the deal still not done.

 

As they talked, Ashley's representatives in Newcastle dismissed Moat's prospects. And Ashley himself? He is in the United States, seven timezones away with the future of the club in his hands.

 

Also on holiday was the man who should be leading the club into the most important season in its recent history. Alan Shearer spent the week in Portugal with his family and flew home on Friday to resume his seat on the Match of the Day sofa, where he will be excused if he watches Saturday's season-opener against West Bromwich Albion from between his fingers.

 

Shearer will be restored to the manager's chair should Moat complete his takeover, but nothing is certain at Newcastle. Since Ashley arrived more than two years ago, the club has dropped a division, gone through four managers, lost the owner at least £100 million and it is not over yet.

 

The club were hardly a paragon of good management when Ashley bought them for £135 million from the Hall and Shepherd families. Despite suspicion of his motives and origins - Hertfordshire is too far from Haltwhistle to carry credibility north of the Tyne - Ashley's early steps with the club were positive.

 

He wiped out £100 million of historic debt incurred even as Freddie Shepherd authorised healthy dividends for himself and other shareholders.

 

The improvement in the club's financial health was not matched on the field, where Sam Allardyce, appointed by Shepherd, was proving as unpopular as Ashley is now.

 

In January 2008 Allardyce was sacked, replaced by Kevin Keegan as the owner pandered to the supporters he had joined on the terraces and in the bars of the Bigg Market.

 

With Keegan came a bizarre management structure that included Dennis Wise as director of football working from an office in London. Undermined by a plan that looked to have been drawn up on the back of a beer mat, Keegan walked away in September 2008, taking Ashley's credibility with him and rendering everyone's favourite drinking partner Public Enemy No 1.

 

Four days later Ashley put the club up for sale, seeking around £220 million, a price he can only dream of today after phantom takeovers from South Africa, Malaysia, China, India, Dubai, Iran, Bradford and Jesmond came and went.

 

Keegan's mystifying replacement, Joe Kinnear, did not appease anger at the "Cockney Mafia". His tenure was memorable primarily for a spectacularly foul-mouthed exchange with journalists, but "JFK's" term was cut short midway through last season by a heart attack. Too late, Ashley turned to a second Messiah, but in eight games in charge Shearer could not save Newcastle from the drop into the Championship.

 

The challenge now is to arrest the slide. As Ashley ponders his options in the American west, supporters numbed by the descent can only hope he trusts Newcastle's future to an owner and manager from the North East.

http://www.telegraph.co.uk/sport/football/leagues/championship/newcastleunited/5989929/Rudderless-Newcastle-United-have-turned-a-disaster-into-a-crisis.html

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