TRon Posted June 18, 2009 Share Posted June 18, 2009 The Journal reckons some of the groups have had problems raising the backing and will walk away if the books are as terrible as most believe. Aye, I'd heard that they only just have the asking price and struggled to raise that. It think its the one fronted by Shep If that's true then they need to rethink their buyout. The club needs major surgery to rebuild a hugely unbalanced squad and that's going to require money, as is spending at least 1 season outside the Premiership. Without the additional TV revenue the club is going to be running at a pretty massive loss again this year unless they can renegotiate every contract at the club. Whoever buys the club is probably going to need to find about £50m this year to cover losses and fund transfers with the same amount being provided for squad strengthening whenever we return to the Premiership. In that case Ashley needs to set a price which will sell the club if he's serious about it. This is exactly the same as happened last time round, it's no good asking for £100m if no one is willing to pay it. Just take the best offer on the table and fuck off you fat cunt. It's as simple as that. Link to post Share on other sites More sharing options...
ToonTastic Posted June 18, 2009 Share Posted June 18, 2009 The Journal reckons some of the groups have had problems raising the backing and will walk away if the books are as terrible as most believe. Aye, I'd heard that they only just have the asking price and struggled to raise that. It think its the one fronted by Shep If that's true then they need to rethink their buyout. The club needs major surgery to rebuild a hugely unbalanced squad and that's going to require money, as is spending at least 1 season outside the Premiership. Without the additional TV revenue the club is going to be running at a pretty massive loss again this year unless they can renegotiate every contract at the club. Whoever buys the club is probably going to need to find about £50m this year to cover losses and fund transfers with the same amount being provided for squad strengthening whenever we return to the Premiership. In that case Ashley needs to set a price which will sell the club if he's serious about it. This is exactly the same as happened last time round, it's no good asking for £100m if no one is willing to pay it. Just take the best offer on the table and f*** off you fat c***. It's as simple as that. Not really, the club is worth £100 with no debt, I doubt anyone could deny that. just because in the current climate nobody wants to buy a club in the Championship for that much money doesn't mean we're not worth it. Link to post Share on other sites More sharing options...
Optimistic Nut Posted June 18, 2009 Share Posted June 18, 2009 The Journal reckons some of the groups have had problems raising the backing and will walk away if the books are as terrible as most believe. Aye, I'd heard that they only just have the asking price and struggled to raise that. It think its the one fronted by Shep If that's true then they need to rethink their buyout. The club needs major surgery to rebuild a hugely unbalanced squad and that's going to require money, as is spending at least 1 season outside the Premiership. Without the additional TV revenue the club is going to be running at a pretty massive loss again this year unless they can renegotiate every contract at the club. Whoever buys the club is probably going to need to find about £50m this year to cover losses and fund transfers with the same amount being provided for squad strengthening whenever we return to the Premiership. In that case Ashley needs to set a price which will sell the club if he's serious about it. This is exactly the same as happened last time round, it's no good asking for £100m if no one is willing to pay it. Just take the best offer on the table and f*** off you fat c***. It's as simple as that. On the otherhand, as Dave pointed out, if people are struggling to come up with £100m to buy the club, how they going to be able to afford players, manage the debts, etc? Link to post Share on other sites More sharing options...
ToonTastic Posted June 18, 2009 Share Posted June 18, 2009 The Journal reckons some of the groups have had problems raising the backing and will walk away if the books are as terrible as most believe. Aye, I'd heard that they only just have the asking price and struggled to raise that. It think its the one fronted by Shep Whats the point in that then as they simply won't be able to afford to run the club which is currently running at a loss. This is the problem of having the club up for sale for such a low price. Aye but he'll be thinking he can just run up more debt getting us promoted then he'll be able to get evenmore debt when we are back in the PL. If the club is running a loss with no debt where will he get the loans from to help get us in the Premiership and then how does he get more loans to push us on. Wouldn't work. Link to post Share on other sites More sharing options...
Stifler Posted June 18, 2009 Share Posted June 18, 2009 Please be profitable group, please be profitable group. Unless Mr Owen has bought us from all the wages we have given him. Sorry I had to. Why would you want the profitable group, out of interest? Im not convinced they really have the kind of money to take us back to the premier league and stay there. They are the only ones to come out and say what they aim to do with the club, if they have the money then they seem to be the best opton in my eyes. Link to post Share on other sites More sharing options...
relámpago blanco Posted June 18, 2009 Share Posted June 18, 2009 The Journal reckons some of the groups have had problems raising the backing and will walk away if the books are as terrible as most believe. Aye, I'd heard that they only just have the asking price and struggled to raise that. It think its the one fronted by Shep Whats the point in that then as they simply won't be able to afford to run the club which is currently running at a loss. This is the problem of having the club up for sale for such a low price. Aye but he'll be thinking he can just run up more debt getting us promoted then he'll be able to get evenmore debt when we are back in the PL. If the club is running a loss with no debt where will he get the loans from to help get us in the Premiership and then how does he get more loans to push us on. Wouldn't work. Loan sharks knowing FFS. Link to post Share on other sites More sharing options...
ToonTastic Posted June 18, 2009 Share Posted June 18, 2009 Please be profitable group, please be profitable group. Unless Mr Owen has bought us from all the wages we have given him. Sorry I had to. Why would you want the profitable group, out of interest? Im not convinced they really have the kind of money to take us back to the premier league and stay there. They are the only ones to come out and say what they aim to do with the club, if they have the money then they seem to be the best opton in my eyes. Sounds of things they don't have the money though, in fact sounds like they have hardly any money and are using us as a bit of free advertising. Link to post Share on other sites More sharing options...
ToonTastic Posted June 18, 2009 Share Posted June 18, 2009 The Journal reckons some of the groups have had problems raising the backing and will walk away if the books are as terrible as most believe. Aye, I'd heard that they only just have the asking price and struggled to raise that. It think its the one fronted by Shep Whats the point in that then as they simply won't be able to afford to run the club which is currently running at a loss. This is the problem of having the club up for sale for such a low price. Aye but he'll be thinking he can just run up more debt getting us promoted then he'll be able to get evenmore debt when we are back in the PL. If the club is running a loss with no debt where will he get the loans from to help get us in the Premiership and then how does he get more loans to push us on. Wouldn't work. Loan sharks knowing FFS. Hows loaning a shark going to help Link to post Share on other sites More sharing options...
Optimistic Nut Posted June 18, 2009 Share Posted June 18, 2009 Starting to hope its FFS, if it was him I would be pretty confident he would do the business to get up back up in 1 season. Ill of course have my worries about him, but right now I just want this club to be in the Prem again more than anything. Look what happened to Southampton. Rupert Lowe gave them some of their best seasons, got them to a Cup Final, Europe, etc. They went down, the fans hated him, he left, came back later, and he managed to do an even worse job. Link to post Share on other sites More sharing options...
TRon Posted June 18, 2009 Share Posted June 18, 2009 The Journal reckons some of the groups have had problems raising the backing and will walk away if the books are as terrible as most believe. Aye, I'd heard that they only just have the asking price and struggled to raise that. It think its the one fronted by Shep If that's true then they need to rethink their buyout. The club needs major surgery to rebuild a hugely unbalanced squad and that's going to require money, as is spending at least 1 season outside the Premiership. Without the additional TV revenue the club is going to be running at a pretty massive loss again this year unless they can renegotiate every contract at the club. Whoever buys the club is probably going to need to find about £50m this year to cover losses and fund transfers with the same amount being provided for squad strengthening whenever we return to the Premiership. In that case Ashley needs to set a price which will sell the club if he's serious about it. This is exactly the same as happened last time round, it's no good asking for £100m if no one is willing to pay it. Just take the best offer on the table and f*** off you fat c***. It's as simple as that. On the otherhand, as Dave pointed out, if people are struggling to come up with £100m to buy the club, how they going to be able to afford players, manage the debts, etc? By paying less for the club? The truth is if Ashley wants to sell the club he has to take whatever is on the table. He can't hang around refusing to release the club while sat sulking in London unless he just doesn't care if it goes to the wall. Link to post Share on other sites More sharing options...
ToonTastic Posted June 18, 2009 Share Posted June 18, 2009 The Journal reckons some of the groups have had problems raising the backing and will walk away if the books are as terrible as most believe. Aye, I'd heard that they only just have the asking price and struggled to raise that. It think its the one fronted by Shep If that's true then they need to rethink their buyout. The club needs major surgery to rebuild a hugely unbalanced squad and that's going to require money, as is spending at least 1 season outside the Premiership. Without the additional TV revenue the club is going to be running at a pretty massive loss again this year unless they can renegotiate every contract at the club. Whoever buys the club is probably going to need to find about £50m this year to cover losses and fund transfers with the same amount being provided for squad strengthening whenever we return to the Premiership. In that case Ashley needs to set a price which will sell the club if he's serious about it. This is exactly the same as happened last time round, it's no good asking for £100m if no one is willing to pay it. Just take the best offer on the table and f*** off you fat c***. It's as simple as that. On the otherhand, as Dave pointed out, if people are struggling to come up with £100m to buy the club, how they going to be able to afford players, manage the debts, etc? By paying less for the club? The truth is if Ashley wants to sell the club he has to take whatever is on the table. He can't hang around refusing to release the club while sat sulking in London unless he just doesn't care if it goes to the wall. He won't though, he'll flock players to get the costs down and try and get the club to break even so it doesn't cost him a penny then he can just leave us to run itself. If a company can't afford £100 then selling for £50m means they only have that money to cover the costs of the club where we are currently losing money and then pay for new players. Once that money has gone they are broke. I wonder why he doesn't float the club that would bring in much needed funds and he have control taken away from him. Link to post Share on other sites More sharing options...
SUPERTOON Posted June 18, 2009 Share Posted June 18, 2009 The Journal actually says that the four groups trying to buy us have proved they have the 100 million pound to buy the club, but if our finances are a mess then they dont have the funds to bankroll us. Link to post Share on other sites More sharing options...
TRon Posted June 18, 2009 Share Posted June 18, 2009 The Journal reckons some of the groups have had problems raising the backing and will walk away if the books are as terrible as most believe. Aye, I'd heard that they only just have the asking price and struggled to raise that. It think its the one fronted by Shep If that's true then they need to rethink their buyout. The club needs major surgery to rebuild a hugely unbalanced squad and that's going to require money, as is spending at least 1 season outside the Premiership. Without the additional TV revenue the club is going to be running at a pretty massive loss again this year unless they can renegotiate every contract at the club. Whoever buys the club is probably going to need to find about £50m this year to cover losses and fund transfers with the same amount being provided for squad strengthening whenever we return to the Premiership. In that case Ashley needs to set a price which will sell the club if he's serious about it. This is exactly the same as happened last time round, it's no good asking for £100m if no one is willing to pay it. Just take the best offer on the table and f*** off you fat c***. It's as simple as that. On the otherhand, as Dave pointed out, if people are struggling to come up with £100m to buy the club, how they going to be able to afford players, manage the debts, etc? By paying less for the club? The truth is if Ashley wants to sell the club he has to take whatever is on the table. He can't hang around refusing to release the club while sat sulking in London unless he just doesn't care if it goes to the wall. He won't though, he'll flock players to get the costs down and try and get the club to break even so it doesn't cost him a penny then he can just leave us to run itself. If a company can't afford £100 then selling for £50m means they only have that money to cover the costs of the club where we are currently losing money and then pay for new players. Once that money has gone they are broke. I wonder why he doesn't float the club that would bring in much needed funds and he have control taken away from him. Yes that sounds like the sort of short sighted penny pinching way of doing things which has seen us relegated and completely demoralised as a club. It wouldn't surprise me to see him watch Newcastle become a ghost of a club struggling in the lower reaches of the Championship while he sits in some London casino having a roll of the dice for some short term fun. Link to post Share on other sites More sharing options...
steve_69 Posted June 18, 2009 Share Posted June 18, 2009 The Journal actually says that the four groups trying to buy us have proved they have the 100 million pound to buy the club, but if our finances are a mess then they dont have the funds to bankroll us. Yeah, as i understood it the groups were only given access to the data room once they'd proved they had the necessary funds. All 4 groups are studying the books so they must've met the financial criteria Link to post Share on other sites More sharing options...
BONTEMPI Posted June 18, 2009 Share Posted June 18, 2009 The Journal actually says that the four groups trying to buy us have proved they have the 100 million pound to buy the club, but if our finances are a mess then they dont have the funds to bankroll us. Yeah, as i understood it the groups were only given access to the data room once they'd proved they had the necessary funds. All 4 groups are studying the books so they must've met the financial criteria Yeah but if they don't have funds to push us on it'll be like buying an AT-AT but having no money left to buy storm troopers Link to post Share on other sites More sharing options...
SUPERTOON Posted June 18, 2009 Share Posted June 18, 2009 The Journal actually says that the four groups trying to buy us have proved they have the 100 million pound to buy the club, but if our finances are a mess then they dont have the funds to bankroll us. Yeah, as i understood it the groups were only given access to the data room once they'd proved they had the necessary funds. All 4 groups are studying the books so they must've met the financial criteria Yeah but if they don't have funds to push us on it'll be like buying an AT-AT but having no money left to buy storm troopers It may mean they have set aside a transfer budget already, but if our finances are in such a mess that all there money will be used on our debts, then they will pull out. Link to post Share on other sites More sharing options...
Teasy Posted June 18, 2009 Share Posted June 18, 2009 Starting to hope its FFS, if it was him I would be pretty confident he would do the business to get up back up in 1 season. Ill of course have my worries about him, but right now I just want this club to be in the Prem again more than anything. It might not be a club for much longer if he gets the go ahead though. Think your misunderstanding fat freds role in this consortium. He is a figure head only, a link between the manager and the money men and for that role assuming Shearer is the manager i think he will be ideal as they already have a good working relationship. FFS will be an employee and minor shareholder so I dont even think about the fuckups he made last time as I know he wont be allowed the free reign like he had before. FFS was only a minor shareholder and figurehead last time too... He owned 28% of the club, hardly a minor shareholder. He was a minor shareholder a few years earlier however the big difference back then was that Newcastle were on the stock market which allowed Shepherd to slowly buy up the club. He couldn't do the same thing this time around IF he really is just a figurehead. Link to post Share on other sites More sharing options...
TRon Posted June 18, 2009 Share Posted June 18, 2009 The Journal actually says that the four groups trying to buy us have proved they have the 100 million pound to buy the club, but if our finances are a mess then they dont have the funds to bankroll us. Yeah, as i understood it the groups were only given access to the data room once they'd proved they had the necessary funds. All 4 groups are studying the books so they must've met the financial criteria Yeah but if they don't have funds to push us on it'll be like buying an AT-AT but having no money left to buy storm troopers It may mean they have set aside a transfer budget already, but if our finances are in such a mess that all there money will be used on our debts, then they will pull out. Which is why Ashley should either lower his price or run the club properly and invest in the short term to win in the long run. But this has always been the case and the fat fool is more likely to keep counting the pennies and sink the club like a stone being the cretin that he is. Link to post Share on other sites More sharing options...
Parky Posted June 18, 2009 Share Posted June 18, 2009 The Journal actually says that the four groups trying to buy us have proved they have the 100 million pound to buy the club, but if our finances are a mess then they dont have the funds to bankroll us. Yeah, as i understood it the groups were only given access to the data room once they'd proved they had the necessary funds. All 4 groups are studying the books so they must've met the financial criteria Yeah but if they don't have funds to push us on it'll be like buying an AT-AT but having no money left to buy storm troopers It may mean they have set aside a transfer budget already, but if our finances are in such a mess that all there money will be used on our debts, then they will pull out. Which is why Ashley should either lower his price or run the club properly and invest in the short term to win in the long run. But this has always been the case and the fat fool is more likely to keep counting the pennies and sink the club like a stone being the cretin that he is. He doesn't really have that much real money left. Link to post Share on other sites More sharing options...
ToonTastic Posted June 18, 2009 Share Posted June 18, 2009 The Journal actually says that the four groups trying to buy us have proved they have the 100 million pound to buy the club, but if our finances are a mess then they dont have the funds to bankroll us. Yeah, as i understood it the groups were only given access to the data room once they'd proved they had the necessary funds. All 4 groups are studying the books so they must've met the financial criteria Yeah but if they don't have funds to push us on it'll be like buying an AT-AT but having no money left to buy storm troopers It may mean they have set aside a transfer budget already, but if our finances are in such a mess that all there money will be used on our debts, then they will pull out. Which is why Ashley should either lower his price or run the club properly and invest in the short term to win in the long run. But this has always been the case and the fat fool is more likely to keep counting the pennies and sink the club like a stone being the cretin that he is. He doesn't really have that much real money left. Of course he does, the guy still has about £500m in the bank plus the money he brings in from Sports Soccer. Link to post Share on other sites More sharing options...
Parky Posted June 18, 2009 Share Posted June 18, 2009 The Journal actually says that the four groups trying to buy us have proved they have the 100 million pound to buy the club, but if our finances are a mess then they dont have the funds to bankroll us. Yeah, as i understood it the groups were only given access to the data room once they'd proved they had the necessary funds. All 4 groups are studying the books so they must've met the financial criteria Yeah but if they don't have funds to push us on it'll be like buying an AT-AT but having no money left to buy storm troopers It may mean they have set aside a transfer budget already, but if our finances are in such a mess that all there money will be used on our debts, then they will pull out. Which is why Ashley should either lower his price or run the club properly and invest in the short term to win in the long run. But this has always been the case and the fat fool is more likely to keep counting the pennies and sink the club like a stone being the cretin that he is. He doesn't really have that much real money left. Of course he does, the guy still has about £500m in the bank plus the money he brings in from Sports Soccer. Close 81.50 Change -4.00 (-4.68%) Volume 769,295 Year high 122.00 Year low 31.00 Link to post Share on other sites More sharing options...
ToonTastic Posted June 18, 2009 Share Posted June 18, 2009 The Journal actually says that the four groups trying to buy us have proved they have the 100 million pound to buy the club, but if our finances are a mess then they dont have the funds to bankroll us. Yeah, as i understood it the groups were only given access to the data room once they'd proved they had the necessary funds. All 4 groups are studying the books so they must've met the financial criteria Yeah but if they don't have funds to push us on it'll be like buying an AT-AT but having no money left to buy storm troopers It may mean they have set aside a transfer budget already, but if our finances are in such a mess that all there money will be used on our debts, then they will pull out. Which is why Ashley should either lower his price or run the club properly and invest in the short term to win in the long run. But this has always been the case and the fat fool is more likely to keep counting the pennies and sink the club like a stone being the cretin that he is. He doesn't really have that much real money left. Of course he does, the guy still has about £500m in the bank plus the money he brings in from Sports Soccer. Close 81.50 Change -4.00 (-4.68%) Volume 769,295 Year high 122.00 Year low 31.00 Thats the share price, what's your point ? Link to post Share on other sites More sharing options...
Teasy Posted June 18, 2009 Share Posted June 18, 2009 The Journal reckons some of the groups have had problems raising the backing and will walk away if the books are as terrible as most believe. Aye, I'd heard that they only just have the asking price and struggled to raise that. It think its the one fronted by Shep If that's true then they need to rethink their buyout. The club needs major surgery to rebuild a hugely unbalanced squad and that's going to require money, as is spending at least 1 season outside the Premiership. Without the additional TV revenue the club is going to be running at a pretty massive loss again this year unless they can renegotiate every contract at the club. Whoever buys the club is probably going to need to find about £50m this year to cover losses and fund transfers with the same amount being provided for squad strengthening whenever we return to the Premiership. We will be selling a lot of players though which will reduce the wage bill massively and bring in millions of pounds in transfer fees. Even if we only manage to remove £30m from the wage bill and bring in £25m from those player sales we'd be pretty much breaking even this season. Which means the only funds the new owner would need to come up with is transfer money, say £20m. Link to post Share on other sites More sharing options...
Parky Posted June 18, 2009 Share Posted June 18, 2009 The Journal actually says that the four groups trying to buy us have proved they have the 100 million pound to buy the club, but if our finances are a mess then they dont have the funds to bankroll us. Yeah, as i understood it the groups were only given access to the data room once they'd proved they had the necessary funds. All 4 groups are studying the books so they must've met the financial criteria Yeah but if they don't have funds to push us on it'll be like buying an AT-AT but having no money left to buy storm troopers It may mean they have set aside a transfer budget already, but if our finances are in such a mess that all there money will be used on our debts, then they will pull out. Which is why Ashley should either lower his price or run the club properly and invest in the short term to win in the long run. But this has always been the case and the fat fool is more likely to keep counting the pennies and sink the club like a stone being the cretin that he is. He doesn't really have that much real money left. Of course he does, the guy still has about £500m in the bank plus the money he brings in from Sports Soccer. Close 81.50 Change -4.00 (-4.68%) Volume 769,295 Year high 122.00 Year low 31.00 Thats the share price, what's your point ? The launch price was 3.00GBP this is what he made the initial hit on about £900,000. That was 2 years ago. Of course it has lost 2/3 of its value and is a bad buy most days when I check or neutral. It is well known that when the price started diving in early 2008 he was 'buying back' at around £1.50 to support it. He took a loss of around 300,000 on the HSBC gamble. He's spent around (if you believe him) 250,000 on the club altogether. I would like evidence he's got 500,000 in the bank. Do you have it? Link to post Share on other sites More sharing options...
Teasy Posted June 18, 2009 Share Posted June 18, 2009 The Journal actually says that the four groups trying to buy us have proved they have the 100 million pound to buy the club, but if our finances are a mess then they dont have the funds to bankroll us. Yeah, as i understood it the groups were only given access to the data room once they'd proved they had the necessary funds. All 4 groups are studying the books so they must've met the financial criteria Yeah but if they don't have funds to push us on it'll be like buying an AT-AT but having no money left to buy storm troopers It may mean they have set aside a transfer budget already, but if our finances are in such a mess that all there money will be used on our debts, then they will pull out. Which is why Ashley should either lower his price or run the club properly and invest in the short term to win in the long run. But this has always been the case and the fat fool is more likely to keep counting the pennies and sink the club like a stone being the cretin that he is. He doesn't really have that much real money left. Of course he does, the guy still has about £500m in the bank plus the money he brings in from Sports Soccer. Close 81.50 Change -4.00 (-4.68%) Volume 769,295 Year high 122.00 Year low 31.00 Thats the share price, what's your point ? The launch price was 3.00GBP this is what he made the initial hit on about £900,000. That was 2 years ago. Of course it has lost 2/3 of its value and is a bad buy most days when I check or neutral. It is well known that when the price started diving in early 2008 he was 'buying back' at around £1.50 to support it. He took a loss of around 300,000 on the HSBC gamble. He's spent around (if you believe him) 250,000 on the club altogether. I would like evidence he's got 500,000 in the bank. Do you have it? Loss of share value doesn't equal loss of real money, its a paper loss until he sells the shares. Also you're making it sound as if he had £500m and then all those losses happened. When in fact all those losses are the reason he's down to that kind of money (£700m actually according to The Times). He was at £2 billion before all that happened. Link to post Share on other sites More sharing options...
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