Guest antz1uk Posted October 9, 2009 Share Posted October 9, 2009 someone please correct me if im wrong.... Ashley wants 100m for the club? (alledgedly!!) we have an overdraft facility of approx 20/25m? if someone rich enough, buys the club and decides they dont want/need the overdraft..... and we are currently utilising some of the overdraft... say 15/20m surely it is ashleys responsibility to pay this back (which im sure would have to be paid back upon any sale) unless a new agreement is in place, however even if a new agreement was put in place, you are then buying the club for 100m + overdraft? otherwise ashley gets 100m, pays back 15/20m so therefore gets 80/85m? Link to post Share on other sites More sharing options...
biggs Posted October 9, 2009 Share Posted October 9, 2009 Are you on Twitter Dave? Am I bollocks. No Dave has set up a rival called Twatter Link to post Share on other sites More sharing options...
jdckelly Posted October 9, 2009 Share Posted October 9, 2009 someone please correct me if im wrong.... Ashley wants 100m for the club? (alledgedly!!) we have an overdraft facility of approx 20/25m? if someone rich enough, buys the club and decides they dont want/need the overdraft..... and we are currently utilising some of the overdraft... say 15/20m surely it is ashleys responsibility to pay this back (which im sure would have to be paid back upon any sale) unless a new agreement is in place, however even if a new agreement was put in place, you are then buying the club for 100m + overdraft? otherwise ashley gets 100m, pays back 15/20m so therefore gets 80/85m? the overdraft would be in the clubs name not mike ashley, the reason they are willing to give him a high one is they have been dealing with him for a couple of years and know he has the ability to pay off the overdraft if it came down to that. Link to post Share on other sites More sharing options...
Nepharite Posted October 9, 2009 Share Posted October 9, 2009 Are you on Twitter Dave? Am I bollocks. Link to post Share on other sites More sharing options...
BONTEMPI Posted October 10, 2009 Share Posted October 10, 2009 Are you on Twitter Dave? Am I bollocks. No Dave has set up a rival called Twatter No I thnk you'll find that was set-up by Geoff Boycott and Craig Bellamy. Link to post Share on other sites More sharing options...
Guest Phil K Posted October 10, 2009 Share Posted October 10, 2009 Are you on Twitter Dave? Am I bollocks. No Dave has set up a rival called Twatter LOL ! Link to post Share on other sites More sharing options...
BeloEmre Posted October 10, 2009 Share Posted October 10, 2009 BARRY MOAT is on the brink of completing his takeover at Newcastle. But insiders admit he is frustrated that managing director Derek Llambias has slowed the deal by flying off on holiday. http://www.newsoftheworld.co.uk/sport/543020/Barry-Moat-is-on-the-brink-of-completing-his-takeover-at-Newcastle.html Link to post Share on other sites More sharing options...
Dave Posted October 10, 2009 Share Posted October 10, 2009 The deal should finally be completed by the middle of next month. Link to post Share on other sites More sharing options...
Coco Posted October 10, 2009 Share Posted October 10, 2009 But Ashley, also boss of Sports Direct, wants a quick sale as he prepares for a legal battle after an Office of Fair Trading investigation into claims of operating a cartel. That could mean a prison sentence and £140m fine. Link to post Share on other sites More sharing options...
Shak Posted October 10, 2009 Share Posted October 10, 2009 Be fairly funny if Ashley sold us and then got put in jail. Link to post Share on other sites More sharing options...
jdckelly Posted October 11, 2009 Share Posted October 11, 2009 BARRY MOAT is on the brink of completing his takeover at Newcastle. But insiders admit he is frustrated that managing director Derek Llambias has slowed the deal by flying off on holiday. http://www.newsoftheworld.co.uk/sport/543020/Barry-Moat-is-on-the-brink-of-completing-his-takeover-at-Newcastle.html damn its the notw so its not true Link to post Share on other sites More sharing options...
Guest Pedro_de_geordieo Posted October 11, 2009 Share Posted October 11, 2009 Wowsers, I can't belive this thread is still going, have been out of it for a while now over in the States. Have just read the link about Moat finally buying us. Has he got the money? I thought he was strapped? Link to post Share on other sites More sharing options...
jdckelly Posted October 11, 2009 Share Posted October 11, 2009 Wowsers, I can't belive this thread is still going, have been out of it for a while now over in the States. Have just read the link about Moat finally buying us. Has he got the money? I thought he was strapped? neither we or the media know anything about whoever is attempting to buy the club personal finances and the link is to notw, assume its not true. Though I bet the Sunday Sun will copy that story Link to post Share on other sites More sharing options...
EthiGeordie Posted October 11, 2009 Share Posted October 11, 2009 Middle of nex month WTF... Link to post Share on other sites More sharing options...
ED209 Posted October 11, 2009 Share Posted October 11, 2009 Wowsers, I can't belive this thread is still going, have been out of it for a while now over in the States. Have just read the link about Moat finally buying us. Has he got the money? I thought he was strapped? I lent him the money, i had a few turkish lire left when i came back from holiday. Link to post Share on other sites More sharing options...
Guest sicko2ndbest Posted October 11, 2009 Share Posted October 11, 2009 Sunday sun backing henry winters claims Link to post Share on other sites More sharing options...
jdckelly Posted October 11, 2009 Share Posted October 11, 2009 Sunday sun backing henry winters claims or read it and just threw it in without checking it Link to post Share on other sites More sharing options...
Pilko Posted October 11, 2009 Share Posted October 11, 2009 Isn't this fun. Link to post Share on other sites More sharing options...
LucaAltieri Posted October 11, 2009 Share Posted October 11, 2009 But Ashley, also boss of Sports Direct, wants a quick sale as he prepares for a legal battle after an Office of Fair Trading investigation into claims of operating a cartel. That could mean a prison sentence and £140m fine. As long as we're sold by then I would LOVE that to happen. Link to post Share on other sites More sharing options...
Cajun Posted October 11, 2009 Share Posted October 11, 2009 Be fairly funny if Ashley sold us and then got put in jail. Knowing our luck he will go to prison just before the sale goes through and delay doing the deal until he gets out! Link to post Share on other sites More sharing options...
Dave Posted October 11, 2009 Share Posted October 11, 2009 I am told Sheard’s main backers may be the New York-based Starr Foundation, a charitable investment fund. Moat and Sheard have met for talks in recent weeks, although it is unclear whether there is any prospect of them pooling resources to fund a bid for United. http://en.wikipedia.org/wiki/The_Starr_Foundation Link to post Share on other sites More sharing options...
Guest ToonBart Posted October 11, 2009 Share Posted October 11, 2009 The star foundation " it maintains a low profile.[2] It specializes in Asian arts and cultural philanthropy, but also makes grants in other areas, including education, medicine and healthcare, and public policy" And we are meant to believe that this charitable organisation has thought long and hard what to do next and decided that a UK championship football team is the best place for their money!! I know we are a bit of a charity case at the minute but seriously... If this is the company that Redheugh is basing all his postings on then I think it's safe to say that my interest in his riddles has now dwindled. Link to post Share on other sites More sharing options...
Frazzle Posted October 11, 2009 Share Posted October 11, 2009 http://en.wikipedia.org/wiki/Cornelius_Vander_Starr Set up by Edwin van der Sar's dad by the sound of it, probably be a good back up for Harper if we could get him. Link to post Share on other sites More sharing options...
Dave Posted October 11, 2009 Share Posted October 11, 2009 The star foundation " it maintains a low profile.[2] It specializes in Asian arts and cultural philanthropy, but also makes grants in other areas, including education, medicine and healthcare, and public policy" And we are meant to believe that this charitable organisation has thought long and hard what to do next and decided that a UK championship football team is the best place for their money!! I know we are a bit of a charity case at the minute but seriously... If this is the company that Redheugh is basing all his postings on then I think it's safe to say that my interest in his riddles has now dwindled. Perhaps (if there's any truth whatsoever in this etc etc) it's more to do with AIG. Link to post Share on other sites More sharing options...
jdckelly Posted October 11, 2009 Share Posted October 11, 2009 The star foundation " it maintains a low profile.[2] It specializes in Asian arts and cultural philanthropy, but also makes grants in other areas, including education, medicine and healthcare, and public policy" And we are meant to believe that this charitable organisation has thought long and hard what to do next and decided that a UK championship football team is the best place for their money!! I know we are a bit of a charity case at the minute but seriously... If this is the company that Redheugh is basing all his postings on then I think it's safe to say that my interest in his riddles has now dwindled. Perhaps (if there's any truth whatsoever in this etc etc) it's more to do with AIG. the insurance company surviving on u.s taxpayers money? Link to post Share on other sites More sharing options...
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