TRon Posted September 19, 2009 Share Posted September 19, 2009 Yeah let's just leave it at that, I've said all I want to. Link to post Share on other sites More sharing options...
thewellander Posted September 19, 2009 Share Posted September 19, 2009 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. Link to post Share on other sites More sharing options...
Dave Posted September 19, 2009 Share Posted September 19, 2009 Find a better buyer? Ashley will want £300m again. Link to post Share on other sites More sharing options...
Guest Wally_McFool Posted September 19, 2009 Share Posted September 19, 2009 Find a better buyer? Ashley will want £300m again. Link to post Share on other sites More sharing options...
80 Posted September 19, 2009 Share Posted September 19, 2009 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. Link to post Share on other sites More sharing options...
Guest The_Scoreboard Posted September 19, 2009 Share Posted September 19, 2009 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 Link to post Share on other sites More sharing options...
Heron Posted September 19, 2009 Share Posted September 19, 2009 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. Link to post Share on other sites More sharing options...
BeloEmre Posted September 19, 2009 Share Posted September 19, 2009 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 Link to post Share on other sites More sharing options...
Robster Posted September 19, 2009 Share Posted September 19, 2009 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 Link to post Share on other sites More sharing options...
BeloEmre Posted September 19, 2009 Share Posted September 19, 2009 What can we expect from Sunday Sun tomorrow? Another "secret" consortium? Link to post Share on other sites More sharing options...
Dave Posted September 19, 2009 Share Posted September 19, 2009 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. Link to post Share on other sites More sharing options...
Robster Posted September 19, 2009 Share Posted September 19, 2009 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 Link to post Share on other sites More sharing options...
Ketsbaia Posted September 19, 2009 Share Posted September 19, 2009 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. Link to post Share on other sites More sharing options...
jdckelly Posted September 19, 2009 Share Posted September 19, 2009 so the notw say hes going to stay on...................expect him to sell by the end of the week Link to post Share on other sites More sharing options...
macca888 Posted September 20, 2009 Share Posted September 20, 2009 Any intersted parties may also be waiting for the outcome of the Keegan/Ashley compensation case before taking the sale further or not. Link to post Share on other sites More sharing options...
jdckelly Posted September 20, 2009 Share Posted September 20, 2009 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 Link to post Share on other sites More sharing options...
thewellander Posted September 20, 2009 Share Posted September 20, 2009 Find a better buyer? Ashley will want £300m again. I guess I'm just not convinced that Moat has the ability to spend on our team. I'm afraid we'll go from an owner who is unwilling to invest to one who is unable. Link to post Share on other sites More sharing options...
Teasy Posted September 20, 2009 Share Posted September 20, 2009 Find a better buyer? Ashley will want £300m again. I guess I'm just not convinced that Moat has the ability to spend on our team. I'm afraid we'll go from an owner who is unwilling to invest to one who is unable. Shepherd spent massive sums of money on the team without ever putting in a penny of his money (in fact he was taking large sums out for himself) so I don't see why Moat would find it hard to get finances for team building. As long as he keeps the wage bill relatively in check the club itself would generate money to spend on players. Link to post Share on other sites More sharing options...
garth Posted September 20, 2009 Share Posted September 20, 2009 Find a better buyer? Ashley will want £300m again. I guess I'm just not convinced that Moat has the ability to spend on our team. I'm afraid we'll go from an owner who is unwilling to invest to one who is unable. Shepherd spent massive sums of money on the team without ever putting in a penny of his money. So you want to go back to those days do you?. Link to post Share on other sites More sharing options...
jdckelly Posted September 20, 2009 Share Posted September 20, 2009 Find a better buyer? Ashley will want £300m again. I guess I'm just not convinced that Moat has the ability to spend on our team. I'm afraid we'll go from an owner who is unwilling to invest to one who is unable. Shepherd spent massive sums of money on the team without ever putting in a penny of his money. So you want to go back to those days do you?. the club is capable of generating large sums of money by itself whats needed is for it to be run properly and costs kept in check and thus there will be money to spend which the club generated itself, what shephard did was spend without heed whether we could pay for it or not. Link to post Share on other sites More sharing options...
Teasy Posted September 20, 2009 Share Posted September 20, 2009 garth The point I was making is that you don't need massive personal wealth be able to spend on players at a club like this. In fact if its run well no personal investment is required at all (well apart from the fans personal investment ). As long as you keep the wage bill to a reasonable level this club will generate plenty of excess cash which can then be invested in players and used to pay interest on any necessary loans (obviously it won't be silly money like Man City but nobody expects that). Shepherd actually did that for some time, unfortunately he lost the plot and let the wage bill get to a stupid level in the last few years, which in the end is what fucked us. Link to post Share on other sites More sharing options...
garth Posted September 20, 2009 Share Posted September 20, 2009 garth The point I was making is that you don't need massive personal wealth be able to spend on players at a club like this. In fact if its run well no personal investment is required at all (well apart from the fans personal investment ). As long as you keep the wage bill to a reasonable level this club will generate plenty of excess cash which can then be invested in players and used to pay interest on any necessary loans (obviously it won't be silly money like Man City but nobody expects that). Shepherd actually did that for some time, unfortunately he lost the plot and let the wage bill get to a stupid level in the last few years, which in the end is what f***ed us. I agree with most of what you say, but the bit bold is not where I want to go again. Which in my opinion is what started our decline apart from the fucked up managerial appointments. Link to post Share on other sites More sharing options...
Unbelievable Posted September 20, 2009 Share Posted September 20, 2009 garth The point I was making is that you don't need massive personal wealth be able to spend on players at a club like this. In fact if its run well no personal investment is required at all (well apart from the fans personal investment ). As long as you keep the wage bill to a reasonable level this club will generate plenty of excess cash which can then be invested in players and used to pay interest on any necessary loans (obviously it won't be silly money like Man City but nobody expects that). Shepherd actually did that for some time, unfortunately he lost the plot and let the wage bill get to a stupid level in the last few years, which in the end is what f***ed us. I agree with most of what you say, but the bit bold is not where I want to go again. Which in my opinion is what started our decline apart from the f***ed up managerial appointments. As a business, possibly, but how did that affect proceedings on the pitch? Link to post Share on other sites More sharing options...
Parky Posted September 20, 2009 Share Posted September 20, 2009 Moat will never buy the club. Link to post Share on other sites More sharing options...
Skirge Posted September 20, 2009 Share Posted September 20, 2009 Llambias on way out of United? Sep 20 2009 by Neil Farrington, Sunday Sun NEWCASTLE UNITED managing director Derek Llambias could be poised to leave the club – even if Mike Ashley remains as owner. The Sunday Sun understands Llambias’s position is under serious review, with Ashley considering appointing an experienced football administrator to run United’s day-to-day affairs. Llambias, whose background is in casinos, has been derided on Tyneside since Ashley’s reign turned sour early last season. And Ashley himself, although he harbours increasing doubts about selling Newcastle in the short term, is pondering whether the presence of a less divisive figure at the helm would both placate fans and be attractive to would-be buyers further down the line. Llambias has made a series of public statements this summer, starting with his insistence that he and Ashley wanted Alan Shearer “to be the manager 110 per cent”, which have undermined his credibility. The final straw for some came with news of Llambias streaking across the St James’s Park pitch for a bet following Newcastle’s opening home game of the season against Reading. United have now confirmed that a bidder, understood to be Barry Moat, has met Ashley’s £100 million asking price – three months after Llambias claimed “at least two” £100 million-plus offers had been received. But with Moat still to convince club bankers Barclays to extend him the same overdraft privileges as they do to United now, Ashley knows he may have to wait things out a while longer before offloading the club. As revealed in last week’s Sunday Sun, two American-based groups are in talks with Ashley and have now completed the due diligence process. But they have yet to put firm offers on the table, further suggesting a resolution to what has become a tortuously drawn-out saga remains some way off. http://www.sundaysun.co.uk/sport/newcastle-utd/newcastle-utd-news/2009/09/20/llambias-on-way-out-of-united-79310-24732242/ Link to post Share on other sites More sharing options...
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