Neil Posted June 9, 2009 Share Posted June 9, 2009 Craig saying on SSN: - It's not an auction, first past the post with £100m will get the club. - More than three or four serious parties interested in buying the club. - No closer to finding out the future of Shearer, this latest news leaves him further in limbo. - Is "led to believe" that the figures in the paper about Shearer asking for £x wages in that meeting are not far off the truth. Do those two points not contradict each other slightly? If there's no auction then someone interested would just pay up and buy it. I can see what he meant, that there are three or four parties interested and have made that clear to Ashley; but the one that gets the club will be the first to firm up their interest by offering the £100m. Group X need to offer £Ym to get Club Z. More revolutionary insider info from David Craig. Link to post Share on other sites More sharing options...
Dave Posted June 9, 2009 Share Posted June 9, 2009 Tbh if a new owner cannot raise £100m to buy the club apparently debt free then i'd rather not have them here the tight arse bastards. We want someone with at least a bit of financial manoeuvrability especially if we want to bounce back 1st time of asking and stay in the prem. Hopefully it's more a case of them taking their time looking through the book first, rather than struggling to get the money together. Has anyone start 'due diligence' or whatever the posh term of looking at the books is? Don't think so yet, but if they're now as tidy as Mort/Ashley/Llambias have continuously boasted, you'd think it wouldn't take all that long. Link to post Share on other sites More sharing options...
Dave Posted June 9, 2009 Share Posted June 9, 2009 http://www.chroniclelive.co.uk/nufc/newcastle-united-news/2009/06/09/singapore-group-in-talks-to-buy-newcastle-united-72703-23824385/ Sounds too good to be true. *wets self* Link to post Share on other sites More sharing options...
Dokko Posted June 9, 2009 Share Posted June 9, 2009 Tbh if a new owner cannot raise £100m to buy the club apparently debt free then i'd rather not have them here the tight arse bastards. We want someone with at least a bit of financial manoeuvrability especially if we want to bounce back 1st time of asking and stay in the prem. Hopefully it's more a case of them taking their time looking through the book first, rather than struggling to get the money together. Has anyone start 'due diligence' or whatever the posh term of looking at the books is? Don't think so yet, but if they're now as tidy as Mort/Ashley/Llambias have continuously boasted, you'd think it wouldn't take all that long. Point is are they are still looking for the cash and not doing due diligence? Cannot see how us at £100 debt free is a sticking point...if we are debt free and Ashley has wiped off the loan debt. Link to post Share on other sites More sharing options...
Dokko Posted June 9, 2009 Share Posted June 9, 2009 http://www.chroniclelive.co.uk/nufc/newcastle-united-news/2009/06/09/singapore-group-in-talks-to-buy-newcastle-united-72703-23824385/ Sounds too good to be true. *wets self* Ditto. Will never happen, hopes high, reality low, let's remember who were dealing with. Link to post Share on other sites More sharing options...
BONTEMPI Posted June 9, 2009 Share Posted June 9, 2009 http://www.chroniclelive.co.uk/nufc/newcastle-united-news/2009/06/09/singapore-group-in-talks-to-buy-newcastle-united-72703-23824385/ Sounds too good to be true. *wets self* Thought we'd just done that? To appoint Alan Shearer as boss and back the Geordie legend with transfer funds to help the Magpies fight their way out of the Premier League Link to post Share on other sites More sharing options...
Neil Posted June 9, 2009 Share Posted June 9, 2009 The Profitable Group What a name. Yeah that article does sound :fwap:tastic. Link to post Share on other sites More sharing options...
LoveItIfWeBeatU Posted June 9, 2009 Share Posted June 9, 2009 http://www.profitablegroup.com/group-executives.aspx A bit worrying that they can't even post pictures of their executives on their own website without a lot of them looking squashed. Personally I would want Chandra Muniandy involved in some capacity Who wouldn't? On reflection I've decide I now love their 'Hall of Mirrors' approach to their executive's photographs. Link to post Share on other sites More sharing options...
Decky Posted June 9, 2009 Share Posted June 9, 2009 That all sounds mint Link to post Share on other sites More sharing options...
Dave Posted June 9, 2009 Share Posted June 9, 2009 Tbh if a new owner cannot raise £100m to buy the club apparently debt free then i'd rather not have them here the tight arse bastards. We want someone with at least a bit of financial manoeuvrability especially if we want to bounce back 1st time of asking and stay in the prem. Hopefully it's more a case of them taking their time looking through the book first, rather than struggling to get the money together. Has anyone start 'due diligence' or whatever the posh term of looking at the books is? Don't think so yet, but if they're now as tidy as Mort/Ashley/Llambias have continuously boasted, you'd think it wouldn't take all that long. Point is are they are still looking for the cash and not doing due diligence? Cannot see how us at £100 debt free is a sticking point...if we are debt free and Ashley has wiped off the loan debt. For anyone but the ultra-zillionaires £100m is still a hell of a lot of money mate. It's not like they can just go to the cashpoint and pull it out. There's a £300 limit anyway. Link to post Share on other sites More sharing options...
Dave Posted June 9, 2009 Share Posted June 9, 2009 http://www.chroniclelive.co.uk/nufc/newcastle-united-news/2009/06/09/singapore-group-in-talks-to-buy-newcastle-united-72703-23824385/ Sounds too good to be true. *wets self* Thought we'd just done that? To appoint Alan Shearer as boss and back the Geordie legend with transfer funds to help the Magpies fight their way out of the Premier League Good spot. :lol: Link to post Share on other sites More sharing options...
Dokko Posted June 9, 2009 Share Posted June 9, 2009 http://www.chroniclelive.co.uk/nufc/newcastle-united-news/2009/06/09/singapore-group-in-talks-to-buy-newcastle-united-72703-23824385/ Sounds too good to be true. *wets self* Thought we'd just done that? To appoint Alan Shearer as boss and back the Geordie legend with transfer funds to help the Magpies fight their way out of the Premier League Shearer manager, funds to restructure, football people in charge with links to the club no high earners....yet (meaning possibly when were back in the prem and established and not jsut to get us there and sit) expansion cap to 60k That will NEVER happen, and if it does then relegation has been worth it. Link to post Share on other sites More sharing options...
nobby_solano Posted June 9, 2009 Share Posted June 9, 2009 However, the next move is all dependent on the co-operation of Ashley, Llambias and Seymour Pierce investment banker Keith Harris who has been entrusted to sell the club. well on past form, we'd still be pretty fucked waiting for that to happen Link to post Share on other sites More sharing options...
Dokko Posted June 9, 2009 Share Posted June 9, 2009 Tbh if a new owner cannot raise £100m to buy the club apparently debt free then i'd rather not have them here the tight arse bastards. We want someone with at least a bit of financial manoeuvrability especially if we want to bounce back 1st time of asking and stay in the prem. Hopefully it's more a case of them taking their time looking through the book first, rather than struggling to get the money together. Has anyone start 'due diligence' or whatever the posh term of looking at the books is? Don't think so yet, but if they're now as tidy as Mort/Ashley/Llambias have continuously boasted, you'd think it wouldn't take all that long. Point is are they are still looking for the cash and not doing due diligence? Cannot see how us at £100 debt free is a sticking point...if we are debt free and Ashley has wiped off the loan debt. For anyone but the ultra-zillionaires £100m is still a hell of a lot of money mate. It's not like they can just go to the cashpoint and pull it out. There's a £300 limit anyway. *Pictures Freddy Shepherd running to every cash point in the Country. Link to post Share on other sites More sharing options...
Pilko Posted June 9, 2009 Share Posted June 9, 2009 "Hello, my names Mike.... I'm here to pitch for £100m in return for a 100% share of my business, Newcastle United..." Link to post Share on other sites More sharing options...
Lenny Posted June 9, 2009 Share Posted June 9, 2009 Does seem a little too good to be true. Link to post Share on other sites More sharing options...
Dokko Posted June 9, 2009 Share Posted June 9, 2009 Does seem a little too good to be true. Seems far too good to be true, we couldn't ask for anything more could we? Link to post Share on other sites More sharing options...
Dave Posted June 9, 2009 Share Posted June 9, 2009 Darren Venn is on that page of execs too. Used to be our Commercial Director. Link to post Share on other sites More sharing options...
Neil Posted June 9, 2009 Share Posted June 9, 2009 Darren Venn is on that page of execs too. Used to be our Commercial Director. He's good at diagrams... ...why do I waste my time? Link to post Share on other sites More sharing options...
nobby_solano Posted June 9, 2009 Share Posted June 9, 2009 Darren Venn is on that page of execs too. Used to be our Commercial Director. He's good at diagrams... ...why do I waste my time? Link to post Share on other sites More sharing options...
Lenny Posted June 9, 2009 Share Posted June 9, 2009 Does seem a little too good to be true. Seems far too good to be true, we couldn't ask for anything more could we? "We will look to give Alan money to spend and funds to build his squad - and we have to say now that we are massively interested in highly paid players - we will be a Chelsea." Then it's far too good. Link to post Share on other sites More sharing options...
Dokko Posted June 9, 2009 Share Posted June 9, 2009 Does seem a little too good to be true. Seems far too good to be true, we couldn't ask for anything more could we? "We will look to give Alan money to spend and funds to build his squad - and we have to say now that we are massively interested in highly paid players - we will be a Chelsea." Then it's far too good. And lead us back to here? No chance, i'd rather build solid foundations instead of building a palace on top of a swamp. It did indicate that they'd be interested in big players in the future, not now, sound plan imo. Link to post Share on other sites More sharing options...
LoveItIfWeBeatU Posted June 9, 2009 Share Posted June 9, 2009 www.nufc.com This isn't the first time that a similar story has emerged, with the attendance of former Liverpool midfielder Steve McMahon at our home friendly against PSV Eindhoven in August 2008 raising eyebrows. McMahon accompanied representatives of the Singapore -based Profitable Group on that visit, sparking rumours of a takeover bid. However he was quick to play that down, claiming that his brief was merely to act as Newcastle's strategic partner in the Far East. 2009 sees Profitable promoting Liverpool's pre-season matches in Singapore and Bangkok, while the Executive list at sister company Strategic Sports Investment (SSI) includes Kenny Dalglish as "UK Operations Advisor". PS: "European Operations Advisor" to SSI is one Darren Venn, formerly Commercial Director of Newcastle United. Link to post Share on other sites More sharing options...
Dave Posted June 9, 2009 Share Posted June 9, 2009 Does seem a little too good to be true. Seems far too good to be true, we couldn't ask for anything more could we? "We will look to give Alan money to spend and funds to build his squad - and we have to say now that we are massively interested in highly paid players - we will be a Chelsea." Then it's far too good. I wouldn't want that anyway. Link to post Share on other sites More sharing options...
Decky Posted June 9, 2009 Share Posted June 9, 2009 You have to laugh, we the crowds will prob dip to the low 40 thousands now that we are relegated, and the potential new owners have plans to extend the stadium Link to post Share on other sites More sharing options...
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