Matt Posted September 3, 2013 Share Posted September 3, 2013 I just don't understand that. Pretty much every bank loan contains a change of control clause as a mandatory prepayment event. His lawyers would have told him that. That assumes he talked to his lawyers before committing to a deal. Everything about the deal suggests it was a complete impulse from someone who had recently found himself on the right end of about £800m. It might be that the club use the 'hidden debt' line as a bit of deliberate misinformation, but I think in this case we really were purchased without so much as a glance at the financials. Link to post Share on other sites More sharing options...
quayside Posted September 3, 2013 Share Posted September 3, 2013 I just don't understand that. Pretty much every bank loan contains a change of control clause as a mandatory prepayment event. His lawyers would have told him that. Yes it does and yes they should. He may have thought the bank would be delighted that he (a man of means) was taking over and they would agree to continue their support. The bank though had had enough of their exposure, thought it was Christmas, and called the whole lot in. Link to post Share on other sites More sharing options...
Robster Posted September 3, 2013 Share Posted September 3, 2013 the mike, the. Link to post Share on other sites More sharing options...
biggs Posted September 3, 2013 Share Posted September 3, 2013 Something a bit more lighthearted in our hour of need Link to post Share on other sites More sharing options...
Parky Posted September 3, 2013 Share Posted September 3, 2013 Interesting insight into Mash there. It's logical that he's been looking to sell for a long time now....I mean he's already tried early doors...NUFC has massive potential and sells itself to anyone who knows whtat they're looking at. Link to post Share on other sites More sharing options...
madras Posted September 4, 2013 Share Posted September 4, 2013 Interesting insight into Mash there. It's logical that he's been looking to sell for a long time now....I mean he's already tried early doors...NUFC has massive potential and sells itself to anyone who knows whtat they're looking at. except those who looked before ashley. Link to post Share on other sites More sharing options...
Zero Posted September 4, 2013 Share Posted September 4, 2013 I don't think selling Cabaye for 10m and buy Thauvin for 12m is a good business in Ashley's eyes. The reason why cabaye was not sold is purely because no one pay 20m. Moreover, Ashley would not keep Cabaye in order to ask Pardew to stay. Non sense. Link to post Share on other sites More sharing options...
merlin Posted September 4, 2013 Share Posted September 4, 2013 Although there's no chance anyone wants to buy us, it is an absolute fact that he wants to buy Rangers (ITK). It does make you wonder, if he's so disillusioned about Newcastle and wants to sell up, why he is wanting to buy another football club with equally partisan supporters? If he gets called a cockney c*** here, I doubt the jibes will be any less cutting if the Scots take a disliking to him. World wide exposure due to Scottish diaspora - loads of Scottish families/descendants in Oz, US, NZ etc etc. Rangers have a MUCH bigger world-wide fan base than NUFC currently. Also, less spend due to lack of serious competition in the SPL, only Celtic to worry about, CL football amost guaranteed every year...fans up there happy as long as they don't finish second EVERY year. Plenty of business reasons for him wanting Rangers..... Link to post Share on other sites More sharing options...
Guest Posted September 4, 2013 Share Posted September 4, 2013 I hope this Ukrainian bloke is Donetsk owner. Link to post Share on other sites More sharing options...
huss9 Posted September 4, 2013 Share Posted September 4, 2013 http://www.chroniclelive.co.uk/sport/football/football-news/ten-questions-want-ask-newcastle-5835966 The Chronicle has inside put ten questions to the man who holds the hopes and dreams of ever Toon fan in the palm of his hand Share on printShare on email Newcastle United owner Mike Ashley Dean Mouhtaropoulos/Getty Images Mike Ashley wasn’t available for interview yesterday. Meanwhile, in other news, night followed day, followed night The man who owns Newcastle United doesn’t do interviews. He doesn’t even have a right-hand man at the club any more to act as his mouthpiece. Football journalists whose job it is to cover the club – and this newspaper in particular – are constantly criticised by supporters for not asking the hard questions. They, quite rightly, demand to know what is going on at St James’ Park during these troubled and peculiar times. But who do we ask these hard question to? Alan Pardew, with the best will in the world, is only the manager. He can’t say what his boss is thinking. As for Joe Kinnear, the director of football, he can’t sign anyone or pronounce the name of existing players, never mind anything else. No the buck – and he has almost three billion of them – stops with Ashley and we can’t get near him. But after the summer transfer window closed without the club spending a single penny on a permanent player – which might be a first for any Premier League outfit – we need to ask the owner these hard questions. Even if there is little chance of receiving any sort of reply. 1. Do you actual like owning Newcastle United? Let’s start with an obvious one. It seems to me that you bought the club on a whim because it looked like jolly larks having your own Premier League team. You drank pints with the fans, stood with the travelling support and enjoyed the adulation for a bit. But then it went sour. Bad decisions, bad results and an awful relegation. You wanted to sell and nobody wanted to take the club off your hands. We are now a few years down the line and there is not the smallest hint that you take any enjoyment of being the owner of Newcastle United. You seem unwilling or at least incapable of strengthening the playing squad, which leads everyone to think that the club is a tool to promote Sports Direct and nothing else. Do you feel as if it’s a burden. You are a fantastically rich man. It’s not like being left with a mortgage you can’t pay. You can walk away any time you like. Just a thought. 2. Are you actively trying to sell the club? If so, do you have an asking price or anyone lined up as a potential buyer? From the outside looking in, that would appear to be your plan. Can I even go one further and enquire whether Rangers is next on your list? That is certainly the strong rumour doing the rounds in Glasgow since you became the third biggest shareholder. It would make a lot of sense because Rangers might be in the grubber now, but they will recover soon enough and that club has the potential to be a real cash cow. Will you only walk away if the next man is willing to pay over the odds? 3. Please explain Joe Kinnear. Honestly, at least try. If I were being a cynic, I would suggest your friend is only there to put pressure on the manager. His job was to sign players. He didn’t sign anyone – Loic Remy can hardly be described as his bit of business. In any other walk of life, this would surely mean at worst a sacking, or at best a severe reprimanding. As a successful and hard-nosed businessman, it seems odd to keep on a man who has quite obviously failed. Or is Kinnear there for another reason? 4. Are you deliberately ostracising Alan Pardew? Because that’s what it looks like. In public he has spoken time and again about getting players over the line. He has been left high and dry. Is this a tactic or incompetence on the part of Kinnear? Is the manager being forced out the door? If the DoF has done nothing wrong, then you are obviously happy with going into the rest of the season with a weaker squad than ended last season. Managers gets sacked for bad results. If Pardew goes, is Kinnear his replacement? 5. Do you care whether Newcastle win or lose? Does a result, good or bad, affect your mood? This is important. The fans live and breath this great football club. They are suffering right now. Did you sleep after last season’s derby defeat? Did you go in a bad mood after the humiliation at Liverpool? Or does it not make a blind bit of difference? 6. Why do you believe Newcastle supporters don’t deserve to know what you are up to? Rich men are not known for their empathy, this is true. But there are 50,000 people who pay good money, many of them who can ill afford it, into your coffers every home match. If they all disappeared, Newcastle United would be nothing. Surely to goodness they should be kept informed. I don’t mean revealing every minute of every meeting, but a bit of transparency would not hurt. Unless you have something to hide, of course. 7. What’s that website all about? You know, the Sports Direct News one that had Manchester United buying Yohan Cabaye on Monday night, and Newcastle in for Wayne Rooney a while back. It does you no service at all. It’s an embarrassment, in case you didn’t know. Shut it down. 8. Is annoying the supporters something you enjoy? Wonga, changing the name of the stadium, the appointment of Kinnear. Surely you knew what the reaction would be when those decisions became public. Many fans believe these are deliberate ploys to anger them. If that’s the case, it’s working. If not, then who told you that any of these choices were good ones? 9. Have we got this all wrong and in fact there is a grand plan? The thing is, Mike, nobody knows what you are up to. We can guess, but that’s really all it is, a guess. And when there is a vacuum, it tends to be filled with nagativity. Maybe you can see the way English football is going. Perhaps you have worked out that the bubble is about to burst and the other rich owners are getting bored and will leave the clubs with huge debts. And then Newcastle rise to the top. Do you know something we don’t? Is the club strategy in place because all your competitors are teetering on the brink? If so, well played. If not, please see points one to eight. 10. And finally, how much do you pay the North East Press pack to write nice things about you? This is one straight from the websites and social media. The fans would like to know what it costs to ensure us lot don’t criticise you, although I personally can’t remember one piece appearing that has praised you. If you could come out and admit that, in fact, you have no influence on the written media at least, then that would be nice. Link to post Share on other sites More sharing options...
NG32 Posted September 4, 2013 Share Posted September 4, 2013 How can no one get near him, go to his local boozer where him and kinnear get lashed and ask him questions. If he leaves, find the next place he drinks in and ask questions. He has to be somewhere. Who was that jouno that used to get in deep and ask awkward questions of real bandits, he had death threats the works. He used to have aprog on ITV I think in the early mid 90s. Get him on the case. Dont sit and write atricles, do some serious digging. Link to post Share on other sites More sharing options...
Rocker Posted September 4, 2013 Share Posted September 4, 2013 How can no one get near him, go to his local boozer where him and kinnear get lashed and ask him questions. If he leaves, find the next place he drinks in and ask questions. He has to be somewhere. Who was that jouno that used to get in deep and ask awkward questions of real bandits, he had death threats the works. He used to have aprog on ITV I think in the early mid 90s. Get him on the case. Dont sit and write atricles, do some serious digging. Donald Mcintyre? Link to post Share on other sites More sharing options...
Parky Posted September 4, 2013 Share Posted September 4, 2013 Think the answers to those questions are pretty obvious. Link to post Share on other sites More sharing options...
BrettNUFC Posted September 4, 2013 Share Posted September 4, 2013 Think the answers to those questions are pretty obvious. Basically the chronicle crying saying 'stop blaming us'. Link to post Share on other sites More sharing options...
Heake Posted September 4, 2013 Share Posted September 4, 2013 How can no one get near him, go to his local boozer where him and kinnear get lashed and ask him questions. If he leaves, find the next place he drinks in and ask questions. He has to be somewhere. Who was that jouno that used to get in deep and ask awkward questions of real bandits, he had death threats the works. He used to have aprog on ITV I think in the early mid 90s. Get him on the case. Dont sit and write atricles, do some serious digging. Donald Mcintyre? I thought he meant that fat bloke with the glasses (Who`s name eludes me) who more than often used to get twatted every week. (He might be dead now) Link to post Share on other sites More sharing options...
geordiedean Posted September 4, 2013 Share Posted September 4, 2013 How can no one get near him, go to his local boozer where him and kinnear get lashed and ask him questions. If he leaves, find the next place he drinks in and ask questions. He has to be somewhere. Who was that jouno that used to get in deep and ask awkward questions of real bandits, he had death threats the works. He used to have aprog on ITV I think in the early mid 90s. Get him on the case. Dont sit and write atricles, do some serious digging. Donald Mcintyre? I thought he meant that fat bloke with the glasses (Who`s name eludes me) who more than often used to get twatted every week. (He might be dead now) Is he on about Peter Cook Link to post Share on other sites More sharing options...
Matt Posted September 4, 2013 Share Posted September 4, 2013 While Peter Cook would have been a good choice to stake out at a drinking hole, the reporter guy was Roger Cook. Link to post Share on other sites More sharing options...
Si Posted September 4, 2013 Share Posted September 4, 2013 While Peter Cook would have been a good choice to stake out at a drinking hole, the reporter guy was Roger Cook. Peter cook investigates would have been epic. Link to post Share on other sites More sharing options...
Guest Roger Kint Posted September 4, 2013 Share Posted September 4, 2013 While Peter Cook would have been a good choice to stake out at a drinking hole, the reporter guy was Roger Cook. Peter cook investigates would have been epic. He had the outfit for it http://www.themovienetwork.ca/data/shows/GP064955_xl.jpg Ironically i think Roy Kinnear was in that film Link to post Share on other sites More sharing options...
Big Geordie Posted September 4, 2013 Share Posted September 4, 2013 Roger Cook, ffs. Link to post Share on other sites More sharing options...
NG32 Posted September 4, 2013 Share Posted September 4, 2013 Roger cook or roger kewk in mackemese Link to post Share on other sites More sharing options...
AlanSkÃrare Posted September 4, 2013 Share Posted September 4, 2013 Not looking to sell according to The Journal Link to post Share on other sites More sharing options...
Guest Roger Kint Posted September 4, 2013 Share Posted September 4, 2013 Not looking to sell according to The Journal for the foreseeable future then This isnt news at all Link to post Share on other sites More sharing options...
NG32 Posted September 4, 2013 Share Posted September 4, 2013 Not looking to sell according to The Journal Thought they couldnt get near him, how do they no? Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted September 4, 2013 Share Posted September 4, 2013 Speculating he's not selling is a lot safer than speculating he is, that's what I would go with. Link to post Share on other sites More sharing options...
Recommended Posts