indi Posted September 20, 2009 Share Posted September 20, 2009 I agree with you. The thing that makes me doubt Moat's ability is this whole overdraft thing, he knew all about it before he made his offer (assuming he has), why is he now struggling so much with it. That smacks of bad preparation, of hope over expectation, and it worries me as we've been there before with Shepherd. Come off it, you claim poor preparation and make no effort to mention that our current owner hadn't even looked at publicly available accounts. Moat will find it harder to get the overdraft as I suspect Ash has partly cash collateralised to overdraft with Barclays. He sticks in £15m of his own cash into a charged bank account and if the club dont pay it back on demand, Barclays keep Mike's personal readies as security. Moat can't do that, he doesn't have the spare cash to do it. So naturally the bank are considerably more nervous about lending to such a godawful business proposition as NUFC. Moat has never come out and publicly stated how close he is to a deal, only that by his prescence in the directors box that he is clearly in the process of making an offer. The status of the club's overdrafts and the security needed would only become clear after several weeks of negotiations with the bank and its credit function. Clearly the first attempt failed and there is now a move to present a more paletable case. That's not something you can do straight away, unlike looking at a balance sheet for 30 seconds which our dear leader apparently didn't bother to do. I find it odd that so many people are concerned at Moat's lack of cash. I don't see any oil barons queuing round the corner and the current owner is clearly not planning to invest, so what exactly are we supposed to do? We're not owed a takeover- what is wrong with the club investing because fans are back onside again, selling out the ground and increasing merchandise sales? Moat could do that- if he has the business sense. Equally, we don't know who is behind Moat's bid- so it far too early to act as judge and jury on his bid. Yeah, that was a mistake, I fail to see how it would negate (or in fact have any relevance to) someone else making another unrelated mistake. No-one's writing anything off, at least I'm not, simply expressing my concerns about the situation. Link to post Share on other sites More sharing options...
ChezGiven Posted September 20, 2009 Share Posted September 20, 2009 Doesnt back Keegan. Puts club on the market to appease fans. Doesnt appoint Shearer after relegation. Puts club on the market to appease fans. Both were holding strategies. Link to post Share on other sites More sharing options...
Sa1tY Posted September 20, 2009 Share Posted September 20, 2009 Doesnt back Keegan. Puts club on the market to appease fans. Doesnt appoint Shearer after relegation. Puts club on the market to appease fans. Both were holding strategies. Correctamundo ash is not selling Link to post Share on other sites More sharing options...
Guest Redheugh Posted September 21, 2009 Share Posted September 21, 2009 Doesnt back Keegan. Puts club on the market to appease fans. Doesnt appoint Shearer after relegation. Puts club on the market to appease fans. Both were holding strategies. Correctamundo ash is not selling Yes he is Link to post Share on other sites More sharing options...
NG32 Posted September 21, 2009 Share Posted September 21, 2009 Doesnt back Keegan. Puts club on the market to appease fans. Doesnt appoint Shearer after relegation. Puts club on the market to appease fans. Both were holding strategies. Correctamundo ash is not selling Yes he is "YES WE CAN" Link to post Share on other sites More sharing options...
clintdempsey Posted September 21, 2009 Share Posted September 21, 2009 Doesnt back Keegan. Puts club on the market to appease fans. Doesnt appoint Shearer after relegation. Puts club on the market to appease fans. Both were holding strategies. Correctamundo ash is not selling Yes he is So any news then Sillius? Link to post Share on other sites More sharing options...
Guest ToonBart Posted September 21, 2009 Share Posted September 21, 2009 Doesnt back Keegan. Puts club on the market to appease fans. Doesnt appoint Shearer after relegation. Puts club on the market to appease fans. Both were holding strategies. Correctamundo ash is not selling Yes he is when? Link to post Share on other sites More sharing options...
johnnypd Posted September 21, 2009 Share Posted September 21, 2009 Doesnt back Keegan. Puts club on the market to appease fans. Doesnt appoint Shearer after relegation. Puts club on the market to appease fans. Both were holding strategies. most fans seemed pretty pissed off or worried when he put it up for sale this most recent time though. though it is possible that what you describe could've been just what Ashley was thinking. Link to post Share on other sites More sharing options...
PCW1983 Posted September 21, 2009 Share Posted September 21, 2009 I promised my self that if i was to win the 85m euro millions last weekend i was going to become a major investor in NUFC, back to work then .......... Link to post Share on other sites More sharing options...
manorpark Posted September 21, 2009 Share Posted September 21, 2009 Doesnt back Keegan. Puts club on the market to appease fans. Doesnt appoint Shearer after relegation. Puts club on the market to appease fans. Both were holding strategies. This seems to be spot on. We've been 'had' (and had and had) Link to post Share on other sites More sharing options...
Robster Posted September 21, 2009 Share Posted September 21, 2009 Yes he is Link to post Share on other sites More sharing options...
relámpago blanco Posted September 21, 2009 Share Posted September 21, 2009 Doesnt back Keegan. Puts club on the market to appease fans. Doesnt appoint Shearer after relegation. Puts club on the market to appease fans. Both were holding strategies. Correctamundo ash is not selling Yes he is when? Today, have heard, day is, yes, and money. Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted September 21, 2009 Share Posted September 21, 2009 I heard the deadline was Friday. Link to post Share on other sites More sharing options...
TRon Posted September 21, 2009 Share Posted September 21, 2009 Doesnt back Keegan. Puts club on the market to appease fans. Doesnt appoint Shearer after relegation. Puts club on the market to appease fans. Both were holding strategies. most fans seemed pretty pissed off or worried when he put it up for sale this most recent time though. though it is possible that what you describe could've been just what Ashley was thinking. Most fans were woried that the club wouldn't actually get sold and putting it on the market would mean that the club would be end up at a standstill. They were right to be worried as it has turned out. Link to post Share on other sites More sharing options...
BONTEMPI Posted September 21, 2009 Share Posted September 21, 2009 Lets face it if Moat is the only one involved and buys the club, he's only going to have club revenue to spend on players unless he can get other investors on board. That wouldn't bother me as Ashley's record of team spend is shocking so Moat can't be any worse, can he? Link to post Share on other sites More sharing options...
Dave Posted September 21, 2009 Share Posted September 21, 2009 I heard the deadline was Friday. End of the month. Link to post Share on other sites More sharing options...
Mowen Posted September 21, 2009 Share Posted September 21, 2009 I heard the deadline was Friday. End of the month. By the Forest game. Link to post Share on other sites More sharing options...
Elbel1 Posted September 21, 2009 Share Posted September 21, 2009 I heard the deadline was Friday. I have heard a whisper that the deadline is Good Friday Link to post Share on other sites More sharing options...
Elbel1 Posted September 21, 2009 Share Posted September 21, 2009 I heard the deadline was Friday. End of the month. By the Forest game. Home or away? Link to post Share on other sites More sharing options...
relámpago blanco Posted September 21, 2009 Share Posted September 21, 2009 I heard the deadline was Friday. End of the month. By the Forest game. Home or away? Neutral, FA Cup Final. Link to post Share on other sites More sharing options...
Guest antz1uk Posted September 21, 2009 Share Posted September 21, 2009 if reports that llambias is to be replaced are true, is it really impossible to believe we could give the post to a football man like kenyon or dein? they surely must know the potential this club has with its fanbase and ground, the contacts and power those two have within foortball, to attract a high quality manager and players to our club could prove invaluable. we have the potential to be a bigger club than most other english clubs. we have the 3rd largest ground in the country, with 52000 each week in the premier league, this generates massive income in itself. if we get the infrastructure of staff right, then we could be ran correctly, a chief executive like dein or kenyon would be a massive signing. we dont need a football brained chairman, all he would need to do is let a CEO get on with the day to day running of the club. we're due a new shirt sponsor and shirt manufacturer next season, and these people could negotiate some cracking deals at what could be a whole new birth of our club, especially if we can get promoted at the same time. nobody wants to deal with ashley in anything, so if he stays he needs a figurehead that can do all of this for him, if he does sell, then this is the best way forward also Link to post Share on other sites More sharing options...
Guest toonlass Posted September 21, 2009 Share Posted September 21, 2009 When Keith Harris said the deal was going to be done by the end of June he omitted June 2018. Ashley is not going to sell anytime soon, and if it is to Moat we are in big trouble as he has had a job getting the asking price together, never mind the money to make any squad improvements and for the running of the club. Link to post Share on other sites More sharing options...
UV Posted September 21, 2009 Share Posted September 21, 2009 Doesnt back Keegan. Puts club on the market to appease fans. Doesnt appoint Shearer after relegation. Puts club on the market to appease fans. Both were holding strategies. He HAS to sell, there's no other option. The "Cockney Mafia Out" banner made his position as owner untenable. He and his family will never be safe in the region again let alone at the ground, and all the protests and boycotts will adversely affect the team until he sells. He's desperately trying to sell to dozens of mystery buyers from around the globe and his mate Barry - have you not read the papers or listened to those privileged enough to be "in the know"? We just have to be patient and know that the only reason we've not been sold yet is because even in spite of the disgraceful way he has been treated he still loves the club and in his own words "any potential buyer would have to show they had the best interests of Newcastle United at heart and had both the commitment and finance to be worthy custodians of such a fine football club before I would even consider doing a deal". That's why he's always put a price on the club well in excess of it's value so that any new owner can show they are worthy to run the club as "responsibly at all levels" as Mike himself has. Unfortunately we've driven out the man who saved us from mid-table premiership football, and sorted out the finances so we now have a wage bill a few million lower than when he took over - albeit with a load less players and a lot less quality - and doubling the debt while halving the revenue. He also saved any new owners the bother of bringing in season ticket money by taking 3 years in advance so they wont have the hassle of having to factor that into next season's income. All in just over 2 years, amazing stuff, just think what he could do if only he was given a bit longer by us ungrateful so-called supporters. We all just need to have patience, trust in Mike & Derek, and know that while we're waiting their good work is continuing behind the scenes (in spite of the best efforts of our ex-chairman who even now is almost certainly to blame for anything which may go wrong). Link to post Share on other sites More sharing options...
madras Posted September 21, 2009 Share Posted September 21, 2009 Doesnt back Keegan. Puts club on the market to appease fans. Doesnt appoint Shearer after relegation. Puts club on the market to appease fans. Both were holding strategies. He HAS to sell, there's no other option. The "Cockney Mafia Out" banner made his position as owner untenable. He and his family will never be safe in the region again let alone at the ground, and all the protests and boycotts will adversely affect the team until he sells. He's desperately trying to sell to dozens of mystery buyers from around the globe and his mate Barry - have you not read the papers or listened to those privileged enough to be "in the know"? We just have to be patient and know that the only reason we've not been sold yet is because even in spite of the disgraceful way he has been treated he still loves the club and in his own words "any potential buyer would have to show they had the best interests of Newcastle United at heart and had both the commitment and finance to be worthy custodians of such a fine football club before I would even consider doing a deal". That's why he's always put a price on the club well in excess of it's value so that any new owner can show they are worthy to run the club as "responsibly at all levels" as Mike himself has. Unfortunately we've driven out the man who saved us from mid-table premiership football, and sorted out the finances so we now have a wage bill a few million lower than when he took over - albeit with a load less players and a lot less quality - and doubling the debt while halving the revenue. He also saved any new owners the bother of bringing in season ticket money by taking 3 years in advance so they wont have the hassle of having to factor that into next season's income. All in just over 2 years, amazing stuff, just think what he could do if only he was given a bit longer by us ungrateful so-called supporters. We all just need to have patience, trust in Mike & Derek, and know that while we're waiting their good work is continuing behind the scenes (in spite of the best efforts of our ex-chairman who even now is almost certainly to blame for anything which may go wrong). one or two things wrong in there. how'd he double the debt ? he hasn't taken 3 seasons worth of ticket money up front. the last sentence reference to the old regime is a bit silly but is how some see it. Link to post Share on other sites More sharing options...
ChezGiven Posted September 21, 2009 Share Posted September 21, 2009 Doesnt back Keegan. Puts club on the market to appease fans. Doesnt appoint Shearer after relegation. Puts club on the market to appease fans. Both were holding strategies. He HAS to sell, there's no other option. The "Cockney Mafia Out" banner made his position as owner untenable. He and his family will never be safe in the region again let alone at the ground, and all the protests and boycotts will adversely affect the team until he sells. He's desperately trying to sell to dozens of mystery buyers from around the globe and his mate Barry - have you not read the papers or listened to those privileged enough to be "in the know"? We just have to be patient and know that the only reason we've not been sold yet is because even in spite of the disgraceful way he has been treated he still loves the club and in his own words "any potential buyer would have to show they had the best interests of Newcastle United at heart and had both the commitment and finance to be worthy custodians of such a fine football club before I would even consider doing a deal". That's why he's always put a price on the club well in excess of it's value so that any new owner can show they are worthy to run the club as "responsibly at all levels" as Mike himself has. Unfortunately we've driven out the man who saved us from mid-table premiership football, and sorted out the finances so we now have a wage bill a few million lower than when he took over - albeit with a load less players and a lot less quality - and doubling the debt while halving the revenue. He also saved any new owners the bother of bringing in season ticket money by taking 3 years in advance so they wont have the hassle of having to factor that into next season's income. All in just over 2 years, amazing stuff, just think what he could do if only he was given a bit longer by us ungrateful so-called supporters. We all just need to have patience, trust in Mike & Derek, and know that while we're waiting their good work is continuing behind the scenes (in spite of the best efforts of our ex-chairman who even now is almost certainly to blame for anything which may go wrong). Not sure if you're agreeing with me there or not. My interpretation is that all he has done each time he has announced a sale is to buy himself time to see how things pan out with the fans and on the pitch. Hence i dont think he will sell us unless someone offers him a get out deal i.e. pays over the odds. Link to post Share on other sites More sharing options...
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