Jump to content

Recommended Posts

 

CHARLES SALE: Fraud probe may force Ashley sale

 

But there is still a rival offer from football entrepreneur Geoff Sheard, who has the backing of a children’s charity foundation. The American directors refute the scepticism of Newcastle’s selling agents Seymour Pierce about their funding capabilities and say Newcastle would not have given them confidential data to analyse if they weren’t considered real contenders.

 

However, the female CEO has yet to meet Ashley

 

Read more: http://www.dailymail.co.uk/sport/article-1213480/CHARLES-SALE-Fraud-probe-force-Ashley-sale.html#ixzz0R7sltFsq

 

Why the hell would a children's charity buy a football club?

Link to post
Share on other sites

Guest sicko2ndbest

 

CHARLES SALE: Fraud probe may force Ashley sale

 

But there is still a rival offer from football entrepreneur Geoff Sheard, who has the backing of a children’s charity foundation. The American directors refute the scepticism of Newcastle’s selling agents Seymour Pierce about their funding capabilities and say Newcastle would not have given them confidential data to analyse if they weren’t considered real contenders.

 

However, the female CEO has yet to meet Ashley

 

Read more: http://www.dailymail.co.uk/sport/article-1213480/CHARLES-SALE-Fraud-probe-force-Ashley-sale.html#ixzz0R7sltFsq

 

Why the hell would a children's charity buy a football club?

Link to post
Share on other sites

The distraction of running Newcastle. Never seemed to have bothered him before.

 

To be fair Dave the SFO are fighting to keep there jobs as looks like they will be defunct soon or mergerd with another department & with massive fines they can now issue there have been tales of them going out with a bang & whacking Sports Direct with a fine of around £140 million & sending Mike to jail*

 

 

*=if found guilty.

 

Sounds like a dream, though it would be better if he's found guilty that he be fined every last penny he has.

Link to post
Share on other sites

NG

 

You know there was more to it than that. Like throwing away a 12 point lead because KK tactically didnt know how to defend and grind out results.

 

Anyway, my comments was relating to SBR and how close we came in 2003.

 

I think you'll find it was  number of factors which didn't see us past the post first.  I would say lack of experience was the main one and secondly a few of our regulars ran out of steam.

 

We were a hell of a lot closer to winning the league under KK then SBR and had a better team to boot.

 

Can you remember Alex fergusons title challenge before the prem when his Man U team blew a 12 pt lead? 

 

I think keeping Venison may have made a difference, but as I now see from the replies to the tripe posted earlier, people have already mentioned the remarkable run by manure, for which they get no credit such is the eagerness to put the boot in to Newcastle United and Kevin Keegan.

 

I did mention their run.

 

Aye, that's what I meant when I said the bit in bold.  O0

Link to post
Share on other sites

well I reckon there will be a piece to the contrary tomorrow> CS/DM

 

he wants to sell up at any cost etc etc

 

CHARLES SALE: Fraud probe may force Ashley sale

 

The Serious Fraud Office investigation into Newcastle owner Mike Ashleys sports retail empire may also lead to the selling of St James Park following a year of frustration since the club was put on the market.

 

Ashley has told associates this weekend that he cannot afford to have the distraction of running such a prominent club as Newcastle while dealing with all the pressures on his High Street business from a high-level SFO inquiry.

 

As a result Ashley is expected to reduce his £100m price tag on Newcastle to force a quick sale, especially with the club going through a rare period of calm as unbeaten leaders of the Championship.

 

Ashleys change of selling strategy having previously held out for £100m will help the chances of north-east businessman Barry Moat, who was struggling to raise the necessary funds.

 

But there is still a rival offer from football entrepreneur Geoff Sheard, who has the backing of a childrens charity foundation. The American directors refute the scepticism of Newcastles selling agents Seymour Pierce about their funding capabilities and say Newcastle would not have given them confidential data to analyse if they werent considered real contenders.

 

However, the female CEO has yet to meet Ashley

 

Read more: http://www.dailymail.co.uk/sport/article-1213480/CHARLES-SALE-Fraud-probe-force-Ashley-sale.html#ixzz0R7sltFsq

 

It seems Sillius Soddus was more in tune with what he knew was coming in Daily Mail/Charlie Sale  i.e Ashley willing to sell for less rather than more as the Telegraph led us to think

 

 

 

You can only sell for the price someone is willing to pay at the end of the day. Maybe it's dawned on Ashley that he's pricing himself out of a deal (again), maybe it hasn't. The story will probably change again by the time the chronicle hits the stands.

Link to post
Share on other sites

Re where are the Ashley supporters...

 

 

Haven't you seen them ? Where have you been man ?

There are loads of them to be seen walking up to SJP on matchdays with ASHLEY printed on the back of their shirts, they sing pro-Ashley songs during the match and wave banners with things like "Cockney Mafia In" and "Boycoutt Keegan burgers" printed on them.

During the week they organise meetings at pubs in places like Felling, Winlaton and Bamburgh trying to convince people how great Ashley is.

 

Benwell Lad in denial

 

Pwned.

 

Thanks go to UV for posting this earlier. Just had to repeat it. It's not to be missed.

 

Thanks for that, I'm honoured that you and someone else even bothered to re-visit it.

You were talking about your intelligence earlier, the level of which should be enough to recognise my post was a provocative one intended to create debate about what was a very emotive subject at the time. Yes my standpoint was somewhat for the defence against the masses but not really in a supportive way.  I did it on purpose.

I just wish there was a platform where such things could be debated rationally and not just hundreds of pages of childish insults, repeated "tripe" and profanity.

 

For the record I was not besotted with Ashley's arrival in the way many on here were originally (where are they now ?) I prefer (maybe it's age) to take a more level headed view on anything good or bad which happens to our club.

Personally I wish Ashley was gone and replaced by someone who can take the club forward in a stable way. His tenure has been a disaster, much the same as Keegan's return as manager was.

 

Fair comment.

 

I too wish there was less tripe and profanity, not that I'm posting any of either, so I guess it's upto others to help you with that.

 

The bit you fail to grasp is that Keegans return was a disaster BECAUSE of Ashley. Had Ashley backed him as he should have done it is very unlikely we'd now be in the Championship. The club would be worth a damn sight more than he's overpriced it at today, meaning the bloke is simply an idiot when it comes to football. He's been trying to make money out of the club and supporters for doing nowt in return. Nobody should be supporting him.

 

By the way, I wasn't talking about my intelligence earlier on, I was replying to someone else who mentioned it, as you just did too.

Link to post
Share on other sites

people come on here and ask if there is any news regards the sale of the club (as per thread title)

with others sometimes replying... read the thread...

 

well i never ask that question, i always just go back to the last page i read previously and read them all so i can get a feel of what some of the replies are referring to, this last 2 days i have read about 10 pages which has taken me an absolute age, and all it has been about is frigging keegan and ashley and this unfair dismissal claim.. can we change the thread title to this or can we open another thread with a relelvant title for the debate that has been going on?

 

:dave: :dave: :dave: :dave:

 

Stop whinging on like an auld fish wife.

Link to post
Share on other sites

HTL

 

With no disrespect, you seem to have conveniently bypassed one crucial and extremely major point regarding this entire debacle. Whilst I realise that you are an admirer of KK whilst I am not, it would appear that your comments regarding Ashley failing in his appointment of KK are very much one sided.

 

Lets look at the financial situation the club found itself in. We all know that years of excessive spending by the likes of Souness etc had driven the club towards the financial black hole it finds itself in now. Ashley clearly identified this after taking over and decided best practice was to generate his own academy of youngsters and for a change, make profit on deals rather than huge financial losses experienced by the club i9n the previous regimes management. It was clear that Wise and Co. were brought in to deal with this side and to a certain extent, they were successful in attracting some good youing talent from around the world.

 

Ashley had backed Allardyce with a fair amount of funding only to see most of it pissed up against a wall, so to speak. We all know the virtues of KK as a coach, especially of young players. It is non existent. He relies on money to buy players rather than nurturing them himself. Whether Wise and Co were instrumental in signing lkayers unwanted by Keegan is still heresay and yet to be proven in an open forum.

 

The James Milner affair was instrumental in KK resigning. Anyone could see 12 million for Milner was too good a deal to turn down especially when the player wanted to leave. The fact that Schweinsteigger changed his mind to come to NUFC at the last minute is hardly the fault of the administration.

 

Ashley has paid off in excess of 100 million pounds of debt and there is still substantially more to be paid off too. A blind man can see that we have not been in a position to buy players for over a year due to these financial constraints made even worse by relegation.

 

Trutyh is, KK spat it when told limited funds would be available. He still had a good squad, had made a reasonable start but chose to sit the dummy instead. He could have tayed on and built the club up again but even he knew he didnt have the ability or the patience to do this.

 

In my ipinion, he is just as much or even more cupable than Ashley for the situation we are in now. To take the club to court over this matter only highlights just what a con man he is.

Link to post
Share on other sites

Guest Wally_McFool

Yeah we get it, thats at least 3 times you have told everyone that Keegan is a con man!

I'm sure he must be if you say so.

 

 

 

 

 

Link to post
Share on other sites

Wally

 

Waste of a post by you there.

 

I am entitled to my opinion and I dont expect everyone to agree with it.

 

Ignoring all the other aspects of your post I disagree with to single one out; how can you honestly believe that "he [KK] is just as much or even more cupable than Ashley for the situation we are in now".

 

When did Keegan leave the club? Even if it was 100% his fault (not in the slightest imo) Ashley had plenty of time to right the wrong. He could have appointed a manager, permanently, who could have kept us up. He appointed Kinnear on a game-by-game basis who worked hard but wasn't good enough and couldn't provide stability on his contract. Even once MA had decided he was staying he chose not to invest in the squad in January, preferring to make a profit when a blind man could see that we needed players.

 

When JFK was taken ill rather than appointing a manager he let a coach take the reins, despite him having no experience of managing. This was allowed to continue for far, far too long before he finally got around to doing something; by this stage it was too little too late.

 

Was KK responsible for making MA fuck up pretty much every decision after he left? Was he bollocks. We'd have stayed up if KK had put up with Ashley's shit for the season because he's a talented manager; but we should have stayed up anyway were it not for that fat fucking idiot.

Link to post
Share on other sites

HTL

 

With no disrespect, you seem to have conveniently bypassed one crucial and extremely major point regarding this entire debacle. Whilst I realise that you are an admirer of KK whilst I am not, it would appear that your comments regarding Ashley failing in his appointment of KK are very much one sided.

 

Lets look at the financial situation the club found itself in. We all know that years of excessive spending by the likes of Souness etc had driven the club towards the financial black hole it finds itself in now. Ashley clearly identified this after taking over and decided best practice was to generate his own academy of youngsters and for a change, make profit on deals rather than huge financial losses experienced by the club i9n the previous regimes management. It was clear that Wise and Co. were brought in to deal with this side and to a certain extent, they were successful in attracting some good youing talent from around the world.

 

Ashley had backed Allardyce with a fair amount of funding only to see most of it pissed up against a wall, so to speak. We all know the virtues of KK as a coach, especially of young players. It is non existent. He relies on money to buy players rather than nurturing them himself. Whether Wise and Co were instrumental in signing lkayers unwanted by Keegan is still heresay and yet to be proven in an open forum.

 

The James Milner affair was instrumental in KK resigning. Anyone could see 12 million for Milner was too good a deal to turn down especially when the player wanted to leave. The fact that Schweinsteigger changed his mind to come to NUFC at the last minute is hardly the fault of the administration.

 

Ashley has paid off in excess of 100 million pounds of debt and there is still substantially more to be paid off too. A blind man can see that we have not been in a position to buy players for over a year due to these financial constraints made even worse by relegation.

 

Trutyh is, KK spat it when told limited funds would be available. He still had a good squad, had made a reasonable start but chose to sit the dummy instead. He could have tayed on and built the club up again but even he knew he didnt have the ability or the patience to do this.

 

In my ipinion, he is just as much or even more cupable than Ashley for the situation we are in now. To take the club to court over this matter only highlights just what a con man he is.

 

If Ashley wanted the club to operate in the manner you describe he should not have appointed Keegan, nor anyone else (Redknapp for example) who believes bringing in better players in return for transfer fees is essential for a club to make progress. The mistake was his and his alone.

 

By the way, you don't know the truth, all you have is your own bias which is based on very limited information. For accuracy you should really leave such comment out of your posts otherwise they become in danger of turning into you know what.

Link to post
Share on other sites

HTL

 

With no disrespect, you seem to have conveniently bypassed one crucial and extremely major point regarding this entire debacle. Whilst I realise that you are an admirer of KK whilst I am not, it would appear that your comments regarding Ashley failing in his appointment of KK are very much one sided.

 

Lets look at the financial situation the club found itself in. We all know that years of excessive spending by the likes of Souness etc had driven the club towards the financial black hole it finds itself in now. Ashley clearly identified this after taking over and decided best practice was to generate his own academy of youngsters and for a change, make profit on deals rather than huge financial losses experienced by the club i9n the previous regimes management. It was clear that Wise and Co. were brought in to deal with this side and to a certain extent, they were successful in attracting some good youing talent from around the world.

 

Ashley had backed Allardyce with a fair amount of funding only to see most of it pissed up against a wall, so to speak. We all know the virtues of KK as a coach, especially of young players. It is non existent. He relies on money to buy players rather than nurturing them himself. Whether Wise and Co were instrumental in signing lkayers unwanted by Keegan is still heresay and yet to be proven in an open forum.

 

The James Milner affair was instrumental in KK resigning.  Anyone could see 12 million for Milner was too good a deal to turn down especially when the player wanted to leave. The fact that Schweinsteigger changed his mind to come to NUFC at the last minute is hardly the fault of the administration.

 

Ashley has paid off in excess of 100 million pounds of debt and there is still substantially more to be paid off too. A blind man can see that we have not been in a position to buy players for over a year due to these financial constraints made even worse by relegation.

 

Trutyh is, KK spat it when told limited funds would be available. He still had a good squad, had made a reasonable start but chose to sit the dummy instead. He could have tayed on and built the club up again but even he knew he didnt have the ability or the patience to do this.

 

In my ipinion, he is just as much or even more cupable than Ashley for the situation we are in now. To take the club to court over this matter only highlights just what a con man he is.

 

 

How exactly did you decied which of these statements were fact and which were unproven heresay?

Link to post
Share on other sites

HTL

 

With no disrespect, you seem to have conveniently bypassed one crucial and extremely major point regarding this entire debacle. Whilst I realise that you are an admirer of KK whilst I am not, it would appear that your comments regarding Ashley failing in his appointment of KK are very much one sided.

 

Lets look at the financial situation the club found itself in. We all know that years of excessive spending by the likes of Souness etc had driven the club towards the financial black hole it finds itself in now. Ashley clearly identified this after taking over and decided best practice was to generate his own academy of youngsters and for a change, make profit on deals rather than huge financial losses experienced by the club i9n the previous regimes management. It was clear that Wise and Co. were brought in to deal with this side and to a certain extent, they were successful in attracting some good youing talent from around the world.

 

Ashley had backed Allardyce with a fair amount of funding only to see most of it pissed up against a wall, so to speak. We all know the virtues of KK as a coach, especially of young players. It is non existent. He relies on money to buy players rather than nurturing them himself. Whether Wise and Co were instrumental in signing lkayers unwanted by Keegan is still heresay and yet to be proven in an open forum.

 

The James Milner affair was instrumental in KK resigning. Anyone could see 12 million for Milner was too good a deal to turn down especially when the player wanted to leave. The fact that Schweinsteigger changed his mind to come to NUFC at the last minute is hardly the fault of the administration.

 

Ashley has paid off in excess of 100 million pounds of debt and there is still substantially more to be paid off too. A blind man can see that we have not been in a position to buy players for over a year due to these financial constraints made even worse by relegation.

 

Trutyh is, KK spat it when told limited funds would be available. He still had a good squad, had made a reasonable start but chose to sit the dummy instead. He could have tayed on and built the club up again but even he knew he didnt have the ability or the patience to do this.

 

In my ipinion, he is just as much or even more cupable than Ashley for the situation we are in now. To take the club to court over this matter only highlights just what a con man he is.

 

If Ashley wanted the club to operate in the manner you describe he should not have appointed Keegan, nor anyone else (Redknapp for example) who believes bringing in better players in return for transfer fees is essential for a club to make progress. The mistake was his and his alone.

 

By the way, you don't know the truth, all you have is your own bias which is based on very limited information. For accuracy you should really leave such comment out of your posts otherwise they become in danger of turning into you know what.

 

First para is spot on HTL. A basic lack of understanding from Ashley. Implies to me he, at least, misdirected KK.

Link to post
Share on other sites

Basically nobody knows the whole deal, we can ony make judgements of what we have seen.

 

Personally I'll believe a man like KK any day of the week over the two maggots who have been pulling the strings of the club.

 

How anybody can see other wise is beyond me and no one who argues against KK has given me anything to change my mind.  They use the same old line "he spat his dummy out again" .  And thats ment to be proof.

 

Give the fuck over.

 

He realised that Ashley and his bitch had no intensions of taking the club forward or trying to stablise it.  They were going to gamble with its future.

 

Which they did in January, then we got relegated.

 

What more do you need to see.

Link to post
Share on other sites

HTL

 

With no disrespect, you seem to have conveniently bypassed one crucial and extremely major point regarding this entire debacle. Whilst I realise that you are an admirer of KK whilst I am not, it would appear that your comments regarding Ashley failing in his appointment of KK are very much one sided.

 

Lets look at the financial situation the club found itself in. We all know that years of excessive spending by the likes of Souness etc had driven the club towards the financial black hole it finds itself in now. Ashley clearly identified this after taking over and decided best practice was to generate his own academy of youngsters and for a change, make profit on deals rather than huge financial losses experienced by the club i9n the previous regimes management. It was clear that Wise and Co. were brought in to deal with this side and to a certain extent, they were successful in attracting some good youing talent from around the world.

 

Ashley had backed Allardyce with a fair amount of funding only to see most of it pissed up against a wall, so to speak. We all know the virtues of KK as a coach, especially of young players. It is non existent. He relies on money to buy players rather than nurturing them himself. Whether Wise and Co were instrumental in signing lkayers unwanted by Keegan is still heresay and yet to be proven in an open forum.

 

The James Milner affair was instrumental in KK resigning. Anyone could see 12 million for Milner was too good a deal to turn down especially when the player wanted to leave. The fact that Schweinsteigger changed his mind to come to NUFC at the last minute is hardly the fault of the administration.

 

Ashley has paid off in excess of 100 million pounds of debt and there is still substantially more to be paid off too. A blind man can see that we have not been in a position to buy players for over a year due to these financial constraints made even worse by relegation.

 

Trutyh is, KK spat it when told limited funds would be available. He still had a good squad, had made a reasonable start but chose to sit the dummy instead. He could have tayed on and built the club up again but even he knew he didnt have the ability or the patience to do this.

 

In my ipinion, he is just as much or even more cupable than Ashley for the situation we are in now. To take the club to court over this matter only highlights just what a con man he is.

 

If Ashley wanted the club to operate in the manner you describe he should not have appointed Keegan, nor anyone else (Redknapp for example) who believes bringing in better players in return for transfer fees is essential for a club to make progress. The mistake was his and his alone.

 

By the way, you don't know the truth, all you have is your own bias which is based on very limited information. For accuracy you should really leave such comment out of your posts otherwise they become in danger of turning into you know what.

Your first paragraph is pretty much correct appointing KK was madness really in those circumstances and it would never work how KK operates and i think we all knew it would end in tears,as for the second paragraph come on man Macca is entitled to his opinion and we all are and we will probably not find out the full truth after this court settlement anyway but we all have our thoughts on this scenario be it right or wrong.
Link to post
Share on other sites

I can understand your defence of KK but once again, you have all missed the major point here which is the financial implications Ashley inherited which has obviously forced drastic action for over a year now and IMO, will continue to do so until some rich benefactor takes over the club, if at all.

Link to post
Share on other sites

HTL

 

You dont need to be einstein to read into what has happened here and it is obvious there have been faults on both sides, but primarily, the situation changed because Ashley needed to debt manage. If he had conducted due diligence when he bought the club, he probably wouldnt have bought the club andI fear we would have been subsequently in the hands of administrators a long time ago.

Link to post
Share on other sites

I can understand your defence of KK but once again, you have all missed the major point here which is the financial implications Ashley inherited which has obviously forced drastic action for over a year now and IMO, will continue to do so until some rich benefactor takes over the club, if at all.

 

If the finances were so fucked why did Ashley let Fat Sam bloat the wage bill so much?

Link to post
Share on other sites

Mowen

 

Look at the transfers out as well. A few players left too. Furthermore, due to mhis l;ack of due diligence, I guess Ashley was only finding out the real extent of the debt well after subsidising Allardyce.

 

On top of that, it is well known that Ashley has paid off over 100 million pounds of debt out of his own pocket, something the pervious administration would never have done. He deserves some credit for that.

Link to post
Share on other sites

 

If Ashley wanted the club to operate in the manner you describe he should not have appointed Keegan, nor anyone else (Redknapp for example) who believes bringing in better players in return for transfer fees is essential for a club to make progress. The mistake was his and his alone.

 

By the way, you don't know the truth, all you have is your own bias which is based on very limited information. For accuracy you should really leave such comment out of your posts otherwise they become in danger of turning into you know what.

Your first paragraph is pretty much correct appointing KK was madness really in those circumstances and it would never work how KK operates and i think we all knew it would end in tears,as for the second paragraph come on man Macca is entitled to his opinion and we all are and we will probably not find out the full truth after this court settlement anyway but we all have our thoughts on this scenario be it right or wrong.

 

I know he's entitled to his opinion but most of the time he is putting it across as the truth...as solid fact.

Link to post
Share on other sites

HTL

 

You dont need to be einstein to read into what has happened here and it is obvious there have been faults on both sides, but primarily, the situation changed because Ashley needed to debt manage. If he had conducted due diligence when he bought the club, he probably wouldnt have bought the club andI fear we would have been subsequently in the hands of administrators a long time ago.

 

Did Ashley really need to debt manage? He's got a lot more money than some owners and while it's up to him how he spends it, Newcastle was a daft choice if he wanted to buy a football club to run on a shoestring.

Link to post
Share on other sites

I can understand your defence of KK but once again, you have all missed the major point here which is the financial implications Ashley inherited which has obviously forced drastic action for over a year now and IMO, will continue to do so until some rich benefactor takes over the club, if at all.

 

Nobody has missed that, tbh. People have been talking about the club debt for a long, long time. How thick can Ashley be?

 

What you appear to have missed is that Ashley did not understand he would have to spend money in order to (possibly) make money from owning the club.  I've thought from the start he was hoping the value of the club would simply go up over time as things generally go up over time. He's just very dumb about football and unfortunately it is Newcastle United that has to suffer for it.

Link to post
Share on other sites

HTL

 

We all kmow now he was the wrong choice as an owner. He admitted his purchase of the club was more from the fun aspect than business. I really dont believe he knew the extent of the problems he was getting into and therefore, the club is suffering and will continue to suffer until the debt is managed within the financial business plan being adapted.

 

On other matters regharding his wealth, it has been well reported regarding his massive losses in the last 12 months. When he bou8ght us, he was a double billionaire. Now, I believe that has been reduced to less than half a billion, still a significant amount but obviously, due to his other business interests, propping up the club is well down the list of priorities.

 

By the way, I am not trying to put everything I say as the truth. I have stated several times that it is my opinion and I dont expect everyone to agree with me.

 

If you dont like it, dont read it and comment otherwise.

Link to post
Share on other sites

Guest
This topic is now closed to further replies.
×
×
  • Create New...