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Mike Ashley


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Guest neesy111

Well that's a fair sized loop hole, but a welcome one  :lol:

 

I'm sure the city football group has been set-up to get around loopholes in the future.

 

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There are so many ways around it but, ultimately, you've got a sporting institution trying to regulate or control high commerce. Never going to work.

 

Big business has more muscle, more haste, more invention and more drive to succeed than a slow regulator so it's completely one-sided.

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Well that's a fair sized loop hole, but a welcome one  :lol:

 

Loophole..? No one could afford to build a stadium if they had to earn that money in advance.

The big "loophole" is of course sponsorships.. Let us assume that Sheikh Mo from the Maktoum family wants NUFC, given that he controls Emirates Airways that sponsor Arsenal to the tune of £30m p.a we might expect something similar for NUFC at a guess.

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Well that's a fair sized loop hole, but a welcome one  :lol:

 

Loophole..? No one could afford to build a stadium if they had to earn that money in advance.

The big "loophole" is of course sponsorships.. Let us assume that Sheikh Mo from the Maktoum family wants NUFC, given that he controls Emirates Airways that sponsor Arsenal to the tune of £30m p.a we might expect something similar for NUFC at a guess.

 

There's building a stadium and then there's building non essential state of the art facilities. It's a huge advantage to a team that can afford it and stopping/minimising that is the idea of ffp is it not?

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http://www.telegraph.co.uk/football/2017/10/19/amanda-staveley-begin-period-due-diligence-financier-looks-take/

Staveley helped broker the deal for Sheikh Mansour to buy Manchester City in 2008 but, with Newcastle, it appears her intent is to be the principal in the deal, through PCP, with other investors to support her company. She controls close to £30 billion of investments but the exact identity of her potential backers has not yet emerged. It appears she will control Newcastle, if acquired.
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Guest neesy111

Well that's a fair sized loop hole, but a welcome one  :lol:

 

Loophole..? No one could afford to build a stadium if they had to earn that money in advance.

The big "loophole" is of course sponsorships.. Let us assume that Sheikh Mo from the Maktoum family wants NUFC, given that he controls Emirates Airways that sponsor Arsenal to the tune of £30m p.a we might expect something similar for NUFC at a guess.

 

There's building a stadium and then there's building non essential state of the art facilities. It's a huge advantage to a team that can afford it and stopping/minimising that is the idea of ffp is it not?

 

It was just to stop teams spending stupid amounts on wages and transfers.  In the NFL etc, it's similar with their wage caps I think but stadium spend etc is excluded.

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http://www.telegraph.co.uk/football/2017/10/19/amanda-staveley-begin-period-due-diligence-financier-looks-take/

Staveley helped broker the deal for Sheikh Mansour to buy Manchester City in 2008 but, with Newcastle, it appears her intent is to be the principal in the deal, through PCP, with other investors to support her company. She controls close to £30 billion of investments but the exact identity of her potential backers has not yet emerged. It appears she will control Newcastle, if acquired.

 

Kind of like the thought of this.

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Well that's a fair sized loop hole, but a welcome one  :lol:

 

Loophole..? No one could afford to build a stadium if they had to earn that money in advance.

The big "loophole" is of course sponsorships.. Let us assume that Sheikh Mo from the Maktoum family wants NUFC, given that he controls Emirates Airways that sponsor Arsenal to the tune of £30m p.a we might expect something similar for NUFC at a guess.

 

There's building a stadium and then there's building non essential state of the art facilities. It's a huge advantage to a team that can afford it and stopping/minimising that is the idea of ffp is it not?

 

It was just to stop teams spending stupid amounts on wages and transfers.  In the NFL etc, it's similar with their wage caps I think but stadium spend etc is excluded.

 

Fair enough

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Sonia this Amanda actually personally got £30 Billion, and as such will buy the club, or is she going to be the owner but all the money will come from here backers. Financial stuff is beyond me tbh :lol:

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Sonia this Amanda actually personally got £30 Billion, and as such will buy the club, or is she going to be the owner but all the money will come from here backers. Financial stuff is beyond me tbh :lol:

 

The second one. I've seen 100m thrown about for her own personal wealth. Peasant.

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Doubt we could even "buy the title" anyway. We could challenge (if we even had basically unlimited wealth) but still have to remember Man Utd, Man City & Chelsea can still buy basically whoever they want too

 

Win a cup will do me tbh :lol:

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Hope she buys her way to the title. Hope we win the league, FA Cup, League Cup, and Champions League all in the same season. I hope we break every FFP rule there is. I hope she personally tells UEFA to f*** off. We’re going to be mint.

 

:lol:

 

Dare to dream

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https://www.theguardian.com/football/2017/oct/19/amanda-staveley-newcastle-non-disclosure-agreement-possible-bid

Amanda Staveley has become the fifth potential buyer of Newcastle United to sign a non-disclosure agreement with the club but any sale is understood to be months rather than weeks away.

 

Although matters appear to have accelerated since Monday when Mike Ashley publicly placed Newcastle on the market, no would-be purchaser has yet had access to the St James’ Park books.

 

Ashley has been open to offers since the turn of the year but the formalisation of the owner’s intentions may have succeeded in smoking out prospective interest. Even so, it remains early days, with no concrete offers on the table and the signing of the non-disclosure agreements merely signalling a starting gun for the commencement of due diligence. Although Staveley’s interest has quickened pulses on Tyneside, Ashley is unlikely to get his wish of being rid of Newcastle by Christmas.

 

“Since Monday, a number of additional parties have come forward which we believe to be credible,” said Andrew Henderson, Ashley’s lawyer, on Thursday. “We are [also] continuing to engage in conversation with a number of parties with whom we were engaged in negotiations prior to Monday’s announcement.”

 

Staveley heads the Dubai-based financial advisory firm PCP Capital Partners – which has access to around £28bn of Middle Eastern wealth – and is a renowned deal-maker in football circles. The 44-year-old Yorkshirewoman helped broker the purchase of Manchester City by Sheikh Mansour bin Zayed al-Nahyan in 2009 and fronted Dubai International Capital’s £400m bid for Liverpool in 2008.

 

She is believed to be keen to purchase a Premier League club herself and there are suggestions she could make a formal bid for control of Newcastle during the coming weeks. Although talks with Ashley’s representatives have been ongoing since Staveley attended the 1-1 draw with Liverpool at St James’ Park at the start of this month it is understood the key issue of price has still to be discussed. While Staveley is believed to value the club in the region of £300m, Ashley was thought to hoping for a sum closer to £400m.

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