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Guest neesy111

hmm, it say's conclude funding arrangement's with barclays, so something may happen soon

 

Exactly, it doesn't say anything about what has and has not been agreed to date, either between Ashley and Moat and Moat and Barclays.

 

I'd imagine Ashley wanted to make a definitive decision by today on what was going to happen. As it happens things are not quite complete with Moat, so they have extended the 'deadline' beyond today.

 

I can't see how this statement is negative news. Moat wants the club, Ashley wants to sell him it, and there's a chance it could happen in time for a few days of transfer window activity should it come off. As I said before, it's not like Ashley would have bought anyone.

 

also moat must have the 100 million to buy the club or ashley wouldn't bother extending the deadline, so it is positive news that he still wants to sell

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Extended by 7 days. Just in time to have an excuse why we've not bought anyone before the deadline slams shut ffs

 

Nail hit squarely on it's head!!

 

So if the club had been taken off the market today you think Ashley would have bought anyone? When we don't even have a manager?

 

Give your heads a shake ffs.

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Guest Phil K

Ah right, so Radio Newcastle were wrong, all those papers saying Barclays had given a decision one way or another were wrong, and all those papers saying the annoucnement would be Ashley is staying were wrong (for now)

 

And yet people still think everything reported is gospel.

 

negative things are gospel. some people just love a good moan.

 

Maybe - but theres hardly been any good news for years - please name ANY in the last 5 years.

Its not an accident that most bad news turns out to be right, and good news NOT where this club is concerned.

 

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In the overall scheme of things this sounds like the best news we've had because Ashley and his advisors are happy with everything that Moat has in place and it's just down to Moat and Barclays getting an agreement regarding the overdraft. No other consortia, no other red herrings, one offer, one prospective new owner.

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Guest rosstoon

This is great news. It means that they are willing to give Moat a couple more days to buy the club. Therefore this is the clearest indication that he is going to sell to Moat

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Ah right, so Radio Newcastle were wrong, all those papers saying Barclays had given a decision one way or another were wrong, and all those papers saying the annoucnement would be Ashley is staying were wrong (for now)

 

And yet people still think everything reported is gospel.

 

negative things are gospel. some people just love a good moan.

 

Maybe - but theres hardly been any good news for years - please name ANY in the last 5 years.

Its not an accident that most bad news turns out to be right, and good news NOT where this club is concerned.

 

souness sacked,roeder gone, fred gone,allardyce sacked.

 

all good news at the time.

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Guest Nige_S5

Extended by 7 days. Just in time to have an excuse why we've not bought anyone before the deadline slams shut ffs

 

Doesn't matter really because we can still buy loan players after the deadline.

 

What's important is not to lose many more this week. Colo and Jonas may leave but the likes of Taylor, Smith and Enrique must stay.

 

True, but loans are usually young and inexperienced players - we have these already. Freebies are usually free for a reason.

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Guest rosstoon

Its not about raw funds its about getting an overdraft facility up to a certain amount. Which if you have applied for even a £400 overdraft with you bank it takes a few days to process and terms have to be agrred. All c lubs run with an overdraft facility just in case of a demise in the clubs situation

 

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Its not about raw funds its about getting an overdraft facility up to a certain amount. Which if you have applied for even a £400 overdraft with you bank it takes a few days to process and terms have to be agrred. All c lubs run with an overdraft facility just in case of a demise in the clubs situation

 

 

An overdraft facility can be setup within about 5 minutes these days tbh :p

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I love it how people assume they dont have enough money.

 

The key thing in this bit, is to understand that the overdraft facility that currently exists to St James Holdings is required to be transferred into a new owners name, or new companys name.

 

Imagine buying a second hand car that still has HP to run.  You will still have to undergo a check, and then establish a new HP policy with the finance company.  Essentially the same principle, but a fuckload more money, hence the delay.

 

I hope to fuck this finally pushes through tho.  At least it seems that Ashley is still intent on selling. 

 

 

 

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Guest Roger Kint

Its not about raw funds its about getting an overdraft facility up to a certain amount. Which if you have applied for even a £400 overdraft with you bank it takes a few days to process and terms have to be agrred. All c lubs run with an overdraft facility just in case of a demise in the clubs situation

 

 

An overdraft facility can be setup within about 5 minutes these days tbh :p

 

When was the last time you tried to get one for £40m?

 

:idiot2:

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This seems promising I think, as it appears that Ashley is indeed done with the club and genuinely wants out. It also seems as though things are very close with Moat also. Regarding new players we can only hope that Shearer has been told to look into things and have players lined up to be brought in as soon as this goes through.

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