Dokko Posted June 21, 2009 Share Posted June 21, 2009 What pisses me off is if these bunch of failures defaulted their wages for the year, collectively they could almost buy the club themselves. Link to post Share on other sites More sharing options...
Wallace Posted June 21, 2009 Share Posted June 21, 2009 The wages are the problem - the players wont take a pay cut so their transfer value is reduced dramatically. Another Leeds mark my words - both the takeover bidders will walk away next week as Ashley wants £100m and the loan to stay in place !!!!!! Surely if that was the case then the bidders would know in advance of making a bid at all? I would have thought it would all have been clear in the sales brochure but if that's the case then Ashley will have to have a re-think. He could probably have sold the club last year if he asked for a reasonable price (which would have been more than the current price) - if he prices people out again, the next time round it would be worth considerably less. But yet again what is the truth - where Ashley is concerned, it seems to depend on how he feels on any particular day. Link to post Share on other sites More sharing options...
Guest habibbeye Posted June 21, 2009 Share Posted June 21, 2009 It was only once they had proved they had the £100m and entered the famous data room that they found out that Ashley wanted the loan money back too!! Link to post Share on other sites More sharing options...
Dave Posted June 21, 2009 Share Posted June 21, 2009 Well I guess we'll find out this week. Link to post Share on other sites More sharing options...
gdm Posted June 21, 2009 Share Posted June 21, 2009 they only made the bids after they entered the data room did they not? Link to post Share on other sites More sharing options...
Guest habibbeye Posted June 21, 2009 Share Posted June 21, 2009 No - had to make bid and prove you had the moeny first. Link to post Share on other sites More sharing options...
madras Posted June 21, 2009 Share Posted June 21, 2009 It was only once they had proved they had the £100m and entered the famous data room that they found out that Ashley wanted the loan money back too!! is it the loan as in 130mill or as the press are suggesting the money he spent on players out of his own pocket (15mill mentioned)? Link to post Share on other sites More sharing options...
Dave Posted June 21, 2009 Share Posted June 21, 2009 It surely can't be the full £200m+ he wants. There's absolutely no chance of him getting that for a CCC club. Link to post Share on other sites More sharing options...
gdm Posted June 21, 2009 Share Posted June 21, 2009 No - had to make bid and prove you had the moeny first. so this Four consortia were due to begin a process of due diligence yesterday, with the groups who have provided proof of their funding beginning to trawl through the books at St James’ Park. And it was thought last night that one of those has jumped ahead of the rest and tabled a bid to buy out Ashley, who put a £100m price-tag on the club late last month. or this However, according to Seymour Pierce, the bank in charge of the sale process, significant progress has been made this week with four groups already well into the due diligence phase following the opening of an internet data room on Wednesday. A source close to the deal said: “We remain very optimistic that a takeover will be agreed by the end of this month. Two of the bidders have already shown they are very serious about doing a deal and possibly three of them will make an offer to Mike Ashley.” is untrue then? more or less says 4 are doing due diligence but havnt yet made an offer? Link to post Share on other sites More sharing options...
indi Posted June 21, 2009 Share Posted June 21, 2009 They had to show that they had the finance available to bid before being allowed to look at the accounts, that's different from making an actual offer for the club. No-one would make a commitment to pay c£100m without knowing what they were buying first. It's ridiculous to suggest otherwise. Link to post Share on other sites More sharing options...
gdm Posted June 21, 2009 Share Posted June 21, 2009 They had to show that they had the finance available to bid before being allowed to look at the accounts, that's different from making an actual offer for the club. No-one would make a commitment to pay c£100m without knowing what they were buying first. It's ridiculous to suggest otherwise. yeah thats what i thought Link to post Share on other sites More sharing options...
ikri Posted June 21, 2009 Share Posted June 21, 2009 The wages are the problem - the players wont take a pay cut so their transfer value is reduced dramatically. Another Leeds mark my words - both the takeover bidders will walk away next week as Ashley wants £100m and the loan to stay in place !!!!!! Want to supply any evidence for this or have you just guessed? Link to post Share on other sites More sharing options...
gdm Posted June 21, 2009 Share Posted June 21, 2009 The wages are the problem - the players wont take a pay cut so their transfer value is reduced dramatically. Another Leeds mark my words - both the takeover bidders will walk away next week as Ashley wants £100m and the loan to stay in place !!!!!! Want to supply any evidence for this or have you just guessed? well he reckons that bids were made before even looking at the books so what do you reckon Link to post Share on other sites More sharing options...
Guest sicko2ndbest Posted June 21, 2009 Share Posted June 21, 2009 SOLD! To the co founder of micosoft, who is going to give Shearer 150m to spend on players, put David Dein in charge of day to day affairs and cut season ticket prices in half for the first season as a good will gesture. Carlsberg dont do headlines, but if they did they would probably be the best in the world! Link to post Share on other sites More sharing options...
thomas Posted June 21, 2009 Share Posted June 21, 2009 5/10 no hidden smouch link. Link to post Share on other sites More sharing options...
Guest Phil K Posted June 21, 2009 Share Posted June 21, 2009 Latest :- take over by end of the season. Latest :- take over by end of the century Never thought I'd be so bored and repulsed of the sick mess that NUFC has become as I am now.... Link to post Share on other sites More sharing options...
Dave Posted June 21, 2009 Share Posted June 21, 2009 5/10 no hidden smouch link. Link to post Share on other sites More sharing options...
Decky Posted June 21, 2009 Share Posted June 21, 2009 SOLD! Carlsberg dont do headlines, but if they did they would probably be the best in the world! tbh Link to post Share on other sites More sharing options...
Howaythelads Posted June 21, 2009 Share Posted June 21, 2009 They had to show that they had the finance available to bid before being allowed to look at the accounts, that's different from making an actual offer for the club. No-one would make a commitment to pay c£100m without knowing what they were buying first. It's ridiculous to suggest otherwise. Aye, when your mate took over he apparently paid more than that without having any clue. Link to post Share on other sites More sharing options...
Tooj Posted June 21, 2009 Share Posted June 21, 2009 They had to show that they had the finance available to bid before being allowed to look at the accounts, that's different from making an actual offer for the club. No-one would make a commitment to pay c£100m without knowing what they were buying first. It's ridiculous to suggest otherwise. Aye, when your mate took over he apparently paid more than that without having any clue. Link to post Share on other sites More sharing options...
EthiGeordie Posted June 21, 2009 Share Posted June 21, 2009 SOLD! To the co founder of micosoft, who is going to give Shearer 150m to spend on players, put David Dein in charge of day to day affairs and cut season ticket prices in half for the first season as a good will gesture. only in dreams...... Carlsberg dont do headlines, but if they did they would probably be the best in the world! Link to post Share on other sites More sharing options...
Ishmael Posted June 21, 2009 Share Posted June 21, 2009 If Carlsberg did forum mods posts like that would be deleted. Link to post Share on other sites More sharing options...
indi Posted June 21, 2009 Share Posted June 21, 2009 They had to show that they had the finance available to bid before being allowed to look at the accounts, that's different from making an actual offer for the club. No-one would make a commitment to pay c£100m without knowing what they were buying first. It's ridiculous to suggest otherwise. Aye, when your mate took over he apparently paid more than that without having any clue. My mate? What James (not that James) has taken over the club!?! He never told me anything about that!! The bastard, he said he was skint last night, I'll need to be having words! PS: Get a grip. Link to post Share on other sites More sharing options...
madras Posted June 21, 2009 Share Posted June 21, 2009 They had to show that they had the finance available to bid before being allowed to look at the accounts, that's different from making an actual offer for the club. No-one would make a commitment to pay c£100m without knowing what they were buying first. It's ridiculous to suggest otherwise. Aye, when your mate took over he apparently paid more than that without having any clue. missed off the end of your sentence there....here, you know me,we go way back so i'll help. Aye, when your mate took over he apparently paid more than that without having any clue as to the mess the club was in. Link to post Share on other sites More sharing options...
Guest habibbeye Posted June 21, 2009 Share Posted June 21, 2009 You will all apologise this week when SP announce problems and Hughton is announced as interim manager taking pre-season. Link to post Share on other sites More sharing options...
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