RIP sale thread.

[indi]

At least I am consistent.

 

Ashley is away and Llambias is at a function in Spain.

 

I think its a little piece to throw in "while the cats away"

 

In reality nothing much has changed, Ashley is still asking more for the club than anyone is willing to pay when you take the debt into account.

 

 

 

Or perhaps there are people willing to pay what he's asking, but the stumbling block is Barclays and the overdraft. It seems quite a reasonable conclusion to draw that Mort et al can meet the asking price, but are reticent to have to pay off an extra £25m to reduce the overdraft down to Barclays's standard £10m for a Championship club. That money could represent all and more of what they had put aside for transfers and I'd have thought they'd have been very wary indeed of the public reaction should they take over and then have nothing to spend on bringing new players in. Given the general mood of the fans, I'd suggest that any takeover without the means to significantly improve the playing staff would be doomed from the start as the fans simply wouldn't accept it, rightly or wrongly.

 

The overdraft is still a debt, Barclays aren't obliged to loan money to anyone so they have every right to be a stumbling block if Moat or any other buyer is relying on their money to buy the club.

 

Your point?

 

How many times do you want me to make it?

 

 

So you're trying to say that the actions of Barclays bank are Ashley's responsibility?

 

If you buy a business then you take on its debts as well as its assets, anyone with a brain knows this. It's hardly Ashley's fault that the person who wants to buy his business and with whom he has agreed a price is struggling to prove that he can run it once it's his. Moat would have been aware of the level of the overdraft having done due diligence and it doesn't appear to be a secret that Barclays's standard overdraft for a Championship club is £10m, yet he seems to not have made allowances for that, perhaps he assumed that "We're Newcastle Utd "Big Club"^TM, that won't apply to us!". Whatever he thought, it's not Ashley's fault, yet despite that he seems to have done what he can to resolve the issue, firstly by reducing the overdraft and secondly seemingly negotiating a deal with Barclays to let us keep it at £25m, which is two and a half times the amount that they would give to any other club in the same division. It seems to me that if anyone should be getting shit over this it's Moat (just realised I called him Mort before ), but don't let that stop you from believing Ashley is the root of all evil. My calf is hurting today for no apparent reason, perhaps that is Mike Ashley's fault and all, the bastard!!!

[TRon]

At least I am consistent.

 

Ashley is away and Llambias is at a function in Spain.

 

I think its a little piece to throw in "while the cats away"

 

In reality nothing much has changed, Ashley is still asking more for the club than anyone is willing to pay when you take the debt into account.

 

 

 

Or perhaps there are people willing to pay what he's asking, but the stumbling block is Barclays and the overdraft. It seems quite a reasonable conclusion to draw that Mort et al can meet the asking price, but are reticent to have to pay off an extra £25m to reduce the overdraft down to Barclays's standard £10m for a Championship club. That money could represent all and more of what they had put aside for transfers and I'd have thought they'd have been very wary indeed of the public reaction should they take over and then have nothing to spend on bringing new players in. Given the general mood of the fans, I'd suggest that any takeover without the means to significantly improve the playing staff would be doomed from the start as the fans simply wouldn't accept it, rightly or wrongly.

 

The overdraft is still a debt, Barclays aren't obliged to loan money to anyone so they have every right to be a stumbling block if Moat or any other buyer is relying on their money to buy the club.

 

Your point?

 

How many times do you want me to make it?

 

 

So you're trying to say that the actions of Barclays bank are Ashley's responsibility?

 

If you buy a business then you take on its debts as well as its assets, anyone with a brain knows this. It's hardly Ashley's fault that the person who wants to buy his business and with whom he has agreed a price is struggling to prove that he can run it once it's his. Moat would have been aware of the level of the overdraft having done due diligence and it doesn't appear to be a secret that Barclays's standard overdraft for a Championship club is £10m, yet he seems to not have made allowances for that, perhaps he assumed that "We're Newcastle Utd "Big Club"^TM, that won't apply to us!". Whatever he thought, it's not Ashley's fault, yet despite that he seems to have done what he can to resolve the issue, firstly by reducing the overdraft and secondly seemingly negotiating a deal with Barclays to let us keep it at £25m, which is two and a half times the amount that they would give to any other club in the same division. It seems to me that if anyone should be getting shit over this it's Moat (just realised I called him Mort before ), but don't let that stop you from believing Ashley is the root of all evil. My calf is hurting today for no apparent reason, perhaps that is Mike Ashley's fault and all, the bastard!!!

 

As it stands, Moat can't afford the club and no one else is buying at that price. So either Ashley sells at the best price he can get or stop putting the club up for sale every six months. Is that too much to ask? Every time the fat bastard puts it on the market we are in limbo for months at a time. Who's choice is that?

 

 

[Colos Short and Curlies]

At least I am consistent.

 

Ashley is away and Llambias is at a function in Spain.

 

I think its a little piece to throw in "while the cats away"

 

In reality nothing much has changed, Ashley is still asking more for the club than anyone is willing to pay when you take the debt into account.

 

 

 

Or perhaps there are people willing to pay what he's asking, but the stumbling block is Barclays and the overdraft. It seems quite a reasonable conclusion to draw that Mort et al can meet the asking price, but are reticent to have to pay off an extra £25m to reduce the overdraft down to Barclays's standard £10m for a Championship club. That money could represent all and more of what they had put aside for transfers and I'd have thought they'd have been very wary indeed of the public reaction should they take over and then have nothing to spend on bringing new players in. Given the general mood of the fans, I'd suggest that any takeover without the means to significantly improve the playing staff would be doomed from the start as the fans simply wouldn't accept it, rightly or wrongly.

 

The overdraft is still a debt, Barclays aren't obliged to loan money to anyone so they have every right to be a stumbling block if Moat or any other buyer is relying on their money to buy the club.

 

Your point?

 

How many times do you want me to make it?

 

 

So you're trying to say that the actions of Barclays bank are Ashley's responsibility?

 

If you buy a business then you take on its debts as well as its assets, anyone with a brain knows this. It's hardly Ashley's fault that the person who wants to buy his business and with whom he has agreed a price is struggling to prove that he can run it once it's his. Moat would have been aware of the level of the overdraft having done due diligence and it doesn't appear to be a secret that Barclays's standard overdraft for a Championship club is £10m, yet he seems to not have made allowances for that, perhaps he assumed that "We're Newcastle Utd "Big Club"^TM, that won't apply to us!". Whatever he thought, it's not Ashley's fault, yet despite that he seems to have done what he can to resolve the issue, firstly by reducing the overdraft and secondly seemingly negotiating a deal with Barclays to let us keep it at £25m, which is two and a half times the amount that they would give to any other club in the same division. It seems to me that if anyone should be getting shit over this it's Moat (just realised I called him Mort before ), but don't let that stop you from believing Ashley is the root of all evil. My calf is hurting today for no apparent reason, perhaps that is Mike Ashley's fault and all, the bastard!!!

 

You don't HAVE to acquire the liabilities of a business when you buy it. Depends on how the sale is structured

[indi]

At least I am consistent.

 

Ashley is away and Llambias is at a function in Spain.

 

I think its a little piece to throw in "while the cats away"

 

In reality nothing much has changed, Ashley is still asking more for the club than anyone is willing to pay when you take the debt into account.

 

 

 

Or perhaps there are people willing to pay what he's asking, but the stumbling block is Barclays and the overdraft. It seems quite a reasonable conclusion to draw that Mort et al can meet the asking price, but are reticent to have to pay off an extra £25m to reduce the overdraft down to Barclays's standard £10m for a Championship club. That money could represent all and more of what they had put aside for transfers and I'd have thought they'd have been very wary indeed of the public reaction should they take over and then have nothing to spend on bringing new players in. Given the general mood of the fans, I'd suggest that any takeover without the means to significantly improve the playing staff would be doomed from the start as the fans simply wouldn't accept it, rightly or wrongly.

 

The overdraft is still a debt, Barclays aren't obliged to loan money to anyone so they have every right to be a stumbling block if Moat or any other buyer is relying on their money to buy the club.

 

Your point?

 

How many times do you want me to make it?

 

 

So you're trying to say that the actions of Barclays bank are Ashley's responsibility?

 

If you buy a business then you take on its debts as well as its assets, anyone with a brain knows this. It's hardly Ashley's fault that the person who wants to buy his business and with whom he has agreed a price is struggling to prove that he can run it once it's his. Moat would have been aware of the level of the overdraft having done due diligence and it doesn't appear to be a secret that Barclays's standard overdraft for a Championship club is £10m, yet he seems to not have made allowances for that, perhaps he assumed that "We're Newcastle Utd "Big Club"^TM, that won't apply to us!". Whatever he thought, it's not Ashley's fault, yet despite that he seems to have done what he can to resolve the issue, firstly by reducing the overdraft and secondly seemingly negotiating a deal with Barclays to let us keep it at £25m, which is two and a half times the amount that they would give to any other club in the same division. It seems to me that if anyone should be getting shit over this it's Moat (just realised I called him Mort before ), but don't let that stop you from believing Ashley is the root of all evil. My calf is hurting today for no apparent reason, perhaps that is Mike Ashley's fault and all, the bastard!!!

 

As it stands, Moat can't afford the club and no one else is buying at that price. So either Ashley sells at the best price he can get or stop putting the club up for sale every six months. Is that too much to ask? Every time the fat bastard puts it on the market we are in limbo for months at a time. Who's choice is that?

 

 

 

But Moat CAN afford the club, it costs £100m and he has agreed with Ashley to pay that amount. What he's struggling with is whether he can afford to run the club after he's bought it and that's hardly Ashley's problem is it!?! If he couldn't afford to pay the electric bill or the players' wages, would he go to Ashley and ask for help doing so? No, he wouldn't. This is Moat's problem and it is he who needs to sort it, if he can't do that then what chance has he got of dealing with all the rest of the club's problems? This is a simple one; pay the money and it's solved. The rest of the issues are much harder to sort out, so if he can't solve this one then he's not fit to be in charge of NUFC. Despite everything Ashley seems to be doing what he can to help Moat with this problem, so I don't really see what your point is.

 

 

As for the whole "club in limbo" thing, well that's what happens when someone's trying to sell a football club. You want him gone, he wants to go, how else do you suggest people get what they want? How's he supposed to sell the club if he doesn't try to sell the club? And if you accept the - preposterous, I know! - rationale that the best way to sell a football club is to... ...er... ...sell a football club, then you have to accept all the things that go along with that, primarily that the club will be somewhat "in limbo" during that process. But the problem with lots of people, especially the modern (Premiership) football fan is that they want to have their cake and eat it. You want Ashley to sell the club, but you don't want to accept the process that goes along with that, well tough-shit, you're going to have to, you may as well get used to it.

 

I'd be interested to know (well not that interested, but you can tell me anyway. ) what your solutions would be and how you expected this to play-out in the first place. I wonder if they're at all realistic.

 

 

Sorry for the flippant and somewhat antagonistic nature of the above, but I'm absolutely fucking sick of people continually pissing and moaning about this subject with a level of indefatigability of which NE5 would have been proud. Did you really expect this to be a quick and painless process when you were all calling for Ashley's head and how many times over the last year have you had to consciously ignore all the evidence to the contrary to carry on in that belief? Is the mental strain of doing that what's leading people to give serious consideration to ridiculous notions like that Ashley's doing this deliberately or for a bet? Is it easier to believe fantasies like that, rather than accept the reality of the situation? Perhaps it is.

[indi]

At least I am consistent.

 

Ashley is away and Llambias is at a function in Spain.

 

I think its a little piece to throw in "while the cats away"

 

In reality nothing much has changed, Ashley is still asking more for the club than anyone is willing to pay when you take the debt into account.

 

 

 

Or perhaps there are people willing to pay what he's asking, but the stumbling block is Barclays and the overdraft. It seems quite a reasonable conclusion to draw that Mort et al can meet the asking price, but are reticent to have to pay off an extra £25m to reduce the overdraft down to Barclays's standard £10m for a Championship club. That money could represent all and more of what they had put aside for transfers and I'd have thought they'd have been very wary indeed of the public reaction should they take over and then have nothing to spend on bringing new players in. Given the general mood of the fans, I'd suggest that any takeover without the means to significantly improve the playing staff would be doomed from the start as the fans simply wouldn't accept it, rightly or wrongly.

 

The overdraft is still a debt, Barclays aren't obliged to loan money to anyone so they have every right to be a stumbling block if Moat or any other buyer is relying on their money to buy the club.

 

Your point?

 

How many times do you want me to make it?

 

 

So you're trying to say that the actions of Barclays bank are Ashley's responsibility?

 

If you buy a business then you take on its debts as well as its assets, anyone with a brain knows this. It's hardly Ashley's fault that the person who wants to buy his business and with whom he has agreed a price is struggling to prove that he can run it once it's his. Moat would have been aware of the level of the overdraft having done due diligence and it doesn't appear to be a secret that Barclays's standard overdraft for a Championship club is £10m, yet he seems to not have made allowances for that, perhaps he assumed that "We're Newcastle Utd "Big Club"^TM, that won't apply to us!". Whatever he thought, it's not Ashley's fault, yet despite that he seems to have done what he can to resolve the issue, firstly by reducing the overdraft and secondly seemingly negotiating a deal with Barclays to let us keep it at £25m, which is two and a half times the amount that they would give to any other club in the same division. It seems to me that if anyone should be getting shit over this it's Moat (just realised I called him Mort before ), but don't let that stop you from believing Ashley is the root of all evil. My calf is hurting today for no apparent reason, perhaps that is Mike Ashley's fault and all, the bastard!!!

 

You don't HAVE to acquire the liabilities of a business when you buy it. Depends on how the sale is structured

 

Of course not, a contract can contain clauses stipulating almost any conditions you like, but it's hardly standard practice, is it. You wouldn't go into negotiations expecting that to be the default situation would you. As it stands it seems that Ashley's already prepared to swallow most of the club's debt/losses and take a serious hit on his £300m outlay, if Moat wants the club he's going to have to do some of the work, he can't expect Ashley to do it all for him, can he?

[TRon]

At least I am consistent.

 

Ashley is away and Llambias is at a function in Spain.

 

I think its a little piece to throw in "while the cats away"

 

In reality nothing much has changed, Ashley is still asking more for the club than anyone is willing to pay when you take the debt into account.

 

 

 

Or perhaps there are people willing to pay what he's asking, but the stumbling block is Barclays and the overdraft. It seems quite a reasonable conclusion to draw that Mort et al can meet the asking price, but are reticent to have to pay off an extra £25m to reduce the overdraft down to Barclays's standard £10m for a Championship club. That money could represent all and more of what they had put aside for transfers and I'd have thought they'd have been very wary indeed of the public reaction should they take over and then have nothing to spend on bringing new players in. Given the general mood of the fans, I'd suggest that any takeover without the means to significantly improve the playing staff would be doomed from the start as the fans simply wouldn't accept it, rightly or wrongly.

 

The overdraft is still a debt, Barclays aren't obliged to loan money to anyone so they have every right to be a stumbling block if Moat or any other buyer is relying on their money to buy the club.

 

Your point?

 

How many times do you want me to make it?

 

 

So you're trying to say that the actions of Barclays bank are Ashley's responsibility?

 

If you buy a business then you take on its debts as well as its assets, anyone with a brain knows this. It's hardly Ashley's fault that the person who wants to buy his business and with whom he has agreed a price is struggling to prove that he can run it once it's his. Moat would have been aware of the level of the overdraft having done due diligence and it doesn't appear to be a secret that Barclays's standard overdraft for a Championship club is £10m, yet he seems to not have made allowances for that, perhaps he assumed that "We're Newcastle Utd "Big Club"^TM, that won't apply to us!". Whatever he thought, it's not Ashley's fault, yet despite that he seems to have done what he can to resolve the issue, firstly by reducing the overdraft and secondly seemingly negotiating a deal with Barclays to let us keep it at £25m, which is two and a half times the amount that they would give to any other club in the same division. It seems to me that if anyone should be getting shit over this it's Moat (just realised I called him Mort before ), but don't let that stop you from believing Ashley is the root of all evil. My calf is hurting today for no apparent reason, perhaps that is Mike Ashley's fault and all, the bastard!!!

 

As it stands, Moat can't afford the club and no one else is buying at that price. So either Ashley sells at the best price he can get or stop putting the club up for sale every six months. Is that too much to ask? Every time the fat bastard puts it on the market we are in limbo for months at a time. Who's choice is that?

 

 

 

But Moat CAN afford the club, it costs £100m and he has agreed with Ashley to pay that amount. What he's struggling with is whether he can afford to run the club after he's bought it and that's hardly Ashley's problem is it!?! If he couldn't afford to pay the electric bill or the players' wages, would he go to Ashley and ask for help doing so? No, he wouldn't. This is Moat's problem and it is he who needs to sort it, if he can't do that then what chance has he got of dealing with all the rest of the club's problems? This is a simple one; pay the money and it's solved. The rest of the issues are much harder to sort out, so if he can't solve this one then he's not fit to be in charge of NUFC. Despite everything Ashley seems to be doing what he can to help Moat with this problem, so I don't really see what your point is.

 

 

As for the whole "club in limbo" thing, well that's what happens when someone's trying to sell a football club. You want him gone, he wants to go, how else do you suggest people get what they want? How's he supposed to sell the club if he doesn't try to sell the club? And if you accept the - preposterous, I know! - rationale that the best way to sell a football club is to... ...er... ...sell a football club, then you have to accept all the things that go along with that, primarily that the club will be somewhat "in limbo" during that process. But the problem with lots of people, especially the modern (Premiership) football fan is that they want to have their cake and eat it. You want Ashley to sell the club, but you don't want to accept the process that goes along with that, well tough-shit, you're going to have to, you may as well get used to it.

 

I'd be interested to know (well not that interested, but you can tell me anyway. ) what your solutions would be and how you expected this to play-out in the first place. I wonder if they're at all realistic.

 

 

Sorry for the flippant and somewhat antagonistic nature of the above, but I'm absolutely fucking sick of people continually pissing and moaning about this subject with a level of indefatigability of which NE5 would have been proud. Did you really expect this to be a quick and painless process when you were all calling for Ashley's head and how many times over the last year have you had to consciously ignore all the evidence to the contrary to carry on in that belief? Is the mental strain of doing that what's leading people to give serious consideration to ridiculous notions like that Ashley's doing this deliberately or for a bet? Is it easier to believe fantasies like that, rather than accept the reality of the situation? Perhaps it is.

 

I don't know if you want me to answer questions other people have put such as whether Ashley is doing this on purpose but since it's not MY belief I'll just stick to the gripes I have personally. I didn't demand Ashley put the club up for sale, he did this for his own reasons (for the second time). I don't have any problem with him selling the club if someone wants to buy it, but since no one was throwing money at him, why does he have to periodically grind the club to a halt while he puts the boards up? Just run the club as a going concern and if someone wants to buy great. If he's going to bring everything to a virtual halt when he puts the For sale sign up then he should lower his fucking price and get the deal done.

[indi]

At least I am consistent.

 

Ashley is away and Llambias is at a function in Spain.

 

I think its a little piece to throw in "while the cats away"

 

In reality nothing much has changed, Ashley is still asking more for the club than anyone is willing to pay when you take the debt into account.

 

 

 

Or perhaps there are people willing to pay what he's asking, but the stumbling block is Barclays and the overdraft. It seems quite a reasonable conclusion to draw that Mort et al can meet the asking price, but are reticent to have to pay off an extra £25m to reduce the overdraft down to Barclays's standard £10m for a Championship club. That money could represent all and more of what they had put aside for transfers and I'd have thought they'd have been very wary indeed of the public reaction should they take over and then have nothing to spend on bringing new players in. Given the general mood of the fans, I'd suggest that any takeover without the means to significantly improve the playing staff would be doomed from the start as the fans simply wouldn't accept it, rightly or wrongly.

 

The overdraft is still a debt, Barclays aren't obliged to loan money to anyone so they have every right to be a stumbling block if Moat or any other buyer is relying on their money to buy the club.

 

Your point?

 

How many times do you want me to make it?

 

 

So you're trying to say that the actions of Barclays bank are Ashley's responsibility?

 

If you buy a business then you take on its debts as well as its assets, anyone with a brain knows this. It's hardly Ashley's fault that the person who wants to buy his business and with whom he has agreed a price is struggling to prove that he can run it once it's his. Moat would have been aware of the level of the overdraft having done due diligence and it doesn't appear to be a secret that Barclays's standard overdraft for a Championship club is £10m, yet he seems to not have made allowances for that, perhaps he assumed that "We're Newcastle Utd "Big Club"^TM, that won't apply to us!". Whatever he thought, it's not Ashley's fault, yet despite that he seems to have done what he can to resolve the issue, firstly by reducing the overdraft and secondly seemingly negotiating a deal with Barclays to let us keep it at £25m, which is two and a half times the amount that they would give to any other club in the same division. It seems to me that if anyone should be getting shit over this it's Moat (just realised I called him Mort before ), but don't let that stop you from believing Ashley is the root of all evil. My calf is hurting today for no apparent reason, perhaps that is Mike Ashley's fault and all, the bastard!!!

 

As it stands, Moat can't afford the club and no one else is buying at that price. So either Ashley sells at the best price he can get or stop putting the club up for sale every six months. Is that too much to ask? Every time the fat bastard puts it on the market we are in limbo for months at a time. Who's choice is that?

 

 

 

But Moat CAN afford the club, it costs £100m and he has agreed with Ashley to pay that amount. What he's struggling with is whether he can afford to run the club after he's bought it and that's hardly Ashley's problem is it!?! If he couldn't afford to pay the electric bill or the players' wages, would he go to Ashley and ask for help doing so? No, he wouldn't. This is Moat's problem and it is he who needs to sort it, if he can't do that then what chance has he got of dealing with all the rest of the club's problems? This is a simple one; pay the money and it's solved. The rest of the issues are much harder to sort out, so if he can't solve this one then he's not fit to be in charge of NUFC. Despite everything Ashley seems to be doing what he can to help Moat with this problem, so I don't really see what your point is.

 

 

As for the whole "club in limbo" thing, well that's what happens when someone's trying to sell a football club. You want him gone, he wants to go, how else do you suggest people get what they want? How's he supposed to sell the club if he doesn't try to sell the club? And if you accept the - preposterous, I know! - rationale that the best way to sell a football club is to... ...er... ...sell a football club, then you have to accept all the things that go along with that, primarily that the club will be somewhat "in limbo" during that process. But the problem with lots of people, especially the modern (Premiership) football fan is that they want to have their cake and eat it. You want Ashley to sell the club, but you don't want to accept the process that goes along with that, well tough-shit, you're going to have to, you may as well get used to it.

 

I'd be interested to know (well not that interested, but you can tell me anyway. ) what your solutions would be and how you expected this to play-out in the first place. I wonder if they're at all realistic.

 

 

Sorry for the flippant and somewhat antagonistic nature of the above, but I'm absolutely fucking sick of people continually pissing and moaning about this subject with a level of indefatigability of which NE5 would have been proud. Did you really expect this to be a quick and painless process when you were all calling for Ashley's head and how many times over the last year have you had to consciously ignore all the evidence to the contrary to carry on in that belief? Is the mental strain of doing that what's leading people to give serious consideration to ridiculous notions like that Ashley's doing this deliberately or for a bet? Is it easier to believe fantasies like that, rather than accept the reality of the situation? Perhaps it is.

 

I don't know if you want me to answer questions other people have put such as whether Ashley is doing this on purpose but since it's not MY belief I'll just stick to the gripes I have personally. I didn't demand Ashley put the club up for sale, he did this for his own reasons (for the second time). I don't have any problem with him selling the club if someone wants to buy it, but since no one was throwing money at him, why does he have to periodically grind the club to a halt while he puts the boards up? Just run the club as a going concern and if someone wants to buy great. If he's going to bring everything to a virtual halt when he puts the For sale sign up then he should lower his fucking price and get the deal done.

 

Okay, fair enough, it's hard to keep up with everyone's own personal take on everything, but even if you don't think like that there are plenty of people who do.

 

With regard to your take on things, well that's what happens when a business like this is in the process of being sold and it doesn't appear that it's his asking price that's holding things up, it's the overdraft and as I've pointed out that's not down to Ashley, is it. Yet you continue to lay all the blame for it at his feet.

[TRon]

I think having bought the club, Ashley has a responsibility to run the club properly, which I don't believe he has done for some time now. If the club is a millstone around his neck then he should get it sold for whatever reasonable price he can IF he really wants to sell. What he can't do is keep putting it up for sale, then winding down operations without selling. If he hires a full time manager, lets him wheel and deal and THEN refuses to accept a set price he would at least have a leg to stand on.

[indi]

So you've decided to ignore that they have apparently agreed a price and that it's the overdraft that is holding things up then. Oh well never mind.

[TRon]

Yeah let's just leave it at that, I've said all I want to.

[thewellander]

To be honest, I would rather have Ashley in charge until the end of the season and hope that we get promoted than sell to Moat. I have no confidence that Moat will be able to provide funds to bring the club forward. Some key loan deals will likely put us in a decent position to return to the Premiership next year, and we should be able to find a better buyer at that point. If Moat is the only option on the table, I don't want him.

[Dave]

Find a better buyer? Ashley will want £300m again.

[Guest Wally_McFool]

Find a better buyer? Ashley will want £300m again.

 

[80]

The sale price of something is somewhere between the least it's possessor will accept for it and the most anyone else will pay for it.

 

A business is not an entity separate from it's debts and assets - they are part of the business.

 

Moat (possibly) isn't prepared/able to pay £100m for this particular business if it still owes Barclays a certain amount of money. I imagine he wouldn't mind buying this business even if it had those debts if Ashley only wanted £85m from him (this is possibly not the case, but that's another discussion). Quite straight-forward - Ashley is playing a role the club not being sold.

 

Does that make him a bad man? Don't care, I'll leave that to you lot, but the price of this club isn't £100m until it's sold for that (here's a statement of the obvious - the worth of this club to most people would obviously be very different if Ashley isn't wanting the money he's loaned it back to what it is if he is). If Moat's still quibbling over it's debts and isn't handing over a heavy suitcase to Ashley then it's pretty clear he hasn't agreed to buy it for that figure - if Barclays were able to make clear they aren't shifting then he isn't (necessarily) going to buy it anyway. Any agreement is at present non-existent in real terms.

 

As for the idea the club's sale price is £100m, that's as much a fantasy of Ashley's as me saying I want to sell my trousers but won't accept less than £40k for them (they are very nice trousers) - the number doesn't matter until someone is actually willing to engage with it. Is anyone willing to engage with Ashley's number for the business as it stands (debts, assets and all)? We'll see.

[Guest The_Scoreboard]

At least I am consistent.

 

Ashley is away and Llambias is at a function in Spain.

 

I think its a little piece to throw in "while the cats away"

 

so is there actually anybody from 'The Top Table' at the ground for our games nowadays?? theres enough empty seats in the directors box as it is

[Heron]

I really want this to end. I'm sick of the on-going shite with it is going to happen...er, no it isn't...well it might...well I don't know..it could..but it probably wont..oh well.

[BeloEmre]

Telegraph Sport understands that Moat has financing in place to meet Ashley's price and provide working capital to a new manager, expected to be Alan Shearer.

 

http://www.telegraph.co.uk/sport/football/leagues/championship/newcastleunited/6209738/Barry-Moats-proposed-takeover-of-Newcastle-moves-closer.html

[Robster]

Telegraph Sport understands that Moat has financing in place to meet Ashley's price and provide working capital to a new manager, expected to be Alan Shearer.

 

http://www.telegraph.co.uk/sport/football/leagues/championship/newcastleunited/6209738/Barry-Moats-proposed-takeover-of-Newcastle-moves-closer.html

Not at you BeloEmre, just at another of these stories.

"Understands" from who you fiction writing wankers

[BeloEmre]

What can we expect from Sunday Sun tomorrow? Another "secret" consortium? 

[Dave]

Ashley now has until the end of the month to decide whether to accept a deal that will end his unhappy and expensive two-year association with the club.

 

[Robster]

Ashley now has until the end of the month to decide whether to accept a deal that will end his unhappy and expensive two-year association with the club.

Or else what ?

Another marvellously well thought out article 

[Ketsbaia]

http://www.newsoftheworld.co.uk/sport/512238/Kevin-Keegan-has-email-ammo-for-Toon-court-fight.html

 

KEVIN KEEGAN is set to unveil damning emails his legal team believe will prove Newcastle owner Mike Ashley made his position untenable.

 

Keegan's bitter case with his old bosses kicked off last week with the former Toon hero bidding for £10million in compensation.

 

The manager tagged The Messiah walked out a year ago after clashes with Ashley appointees Dennis Wise and Tony Jimenez.

 

Ashley in turn is claiming £2m for breach of contract but sources close to Keegan have revealed he has emails that could blow the Sports Direct owner's case out of the water.

 

A source said: "There are emails people have never seen. If the truth comes out about what went on, then Ashley and Wise will be decimated. The last thing Kevin wanted to do was walk out but his position was impossible."

 

The case is being heard by a panel of three experts at a Premier League tribunal. All parties have signed a statement that they will not leak information.

 

That was as a direct result of Ashley's team turning to the media to defend their position after a vitriolic reaction from Toon supporters when Keegan left.

 

But Sport of the World has learned that Ashley is so determined to battle Keegan he has turned to top lawyer Graham Shear.

 

Ashley's desire to fight the case is a further indication he intends to stay in charge at the club he bought for £134m two years ago.

 

Sources close to the sportswear magnate believe he is "99 per cent certain" to keep the club despite Barry Moat's consortium having assembled the required £100m.

 

Debts are now under control, the wage bill has been slashed to £30m and the overdraft is now manageable for Ashley.

[jdckelly]

so the notw say hes going to stay on...................expect him to sell by the end of the week

[macca888]

Any intersted parties may also be waiting for the outcome of the Keegan/Ashley compensation case before taking the sale further or not.

[jdckelly]

What can we expect from Sunday Sun tomorrow? Another "secret" consortium? 

sheikh whogivesadamnanymore making a last minute bid say my firmly (not) itk sources tell me