BottledDog Posted October 16, 2017 Share Posted October 16, 2017 https://www.nufc.co.uk/news/latest-news/statement-from-st-james-holdings-limited?displaymode=googleamp Statement from St. James Holdings Limited As a result of increasing press speculation regarding the future of Newcastle United, the owner of the club, St. James Holdings Limited, wishes to clarify its intentions. As one of the Premier League's oldest and best supported football clubs - and for the benefit of its many fans and supporters in the UK and across the world - Newcastle United requires a clear direction and a path to a bright and successful future. To give the club the best possible opportunity of securing the positioning and investment necessary to take it to the next level, at what is an important time in its history, its present ownership has determined that it is in the best interests of Newcastle United and its fans for the club to be put up for sale. To give an incoming owner the maximum possible flexibility to make meaningful investment in the club, including in its playing squad, the sale process will give interested parties the opportunity of deferring substantial payments. A process will now commence of identifying new ownership for the club that will be capable of delivering the sustained investment in and dedication to the club that is necessary for it to achieve its ambitions. The bit in bold means he still wants an influence even after he's no longer the 'owner' imho. You don't defer payments unless there is something in it for you. Not according to the lawyer - Assuming an appropriate person is found, there is a desire to stagger payments to allow additional funds for Rafa in the short term. Link to post Share on other sites More sharing options...
henke Posted October 16, 2017 Share Posted October 16, 2017 Slow news day then. Link to post Share on other sites More sharing options...
Minhosa Posted October 16, 2017 Share Posted October 16, 2017 Even the statement is snidey as fuck. Just get this cunt out of our lives and bring us a genuine owner with some mild intent please. Link to post Share on other sites More sharing options...
Figures 1-0 Football Posted October 16, 2017 Share Posted October 16, 2017 Wow. The staged payments announcement shows this is serious imo. He’sactually gonna flog us. BEFORE A TRANSFER WINDOW. Gonna have to start buying the bubbles for the baths! Link to post Share on other sites More sharing options...
BottledDog Posted October 16, 2017 Share Posted October 16, 2017 Please no Venky's, please no Venky's, please no Venky's... Link to post Share on other sites More sharing options...
timeEd32 Posted October 16, 2017 Share Posted October 16, 2017 Must.not.get.too.excited. Link to post Share on other sites More sharing options...
Andy84 Posted October 16, 2017 Share Posted October 16, 2017 Please no Venky's, please no Venky's, please no Venky's... Aye hopefully with the money we will want coupled with a fit and proper person test this will be avoided Link to post Share on other sites More sharing options...
BlueStar Posted October 16, 2017 Share Posted October 16, 2017 Wonder how much of this is him wanting to fuck off to Panama before these HMRC charges are brought. Link to post Share on other sites More sharing options...
Joe_F Posted October 16, 2017 Share Posted October 16, 2017 Howay Amanda. You know what to do. Link to post Share on other sites More sharing options...
xLiaaamx Posted October 16, 2017 Share Posted October 16, 2017 Ah, I see the "we're not spending in january" message is out early. Link to post Share on other sites More sharing options...
wyn davies Posted October 16, 2017 Share Posted October 16, 2017 Careful what we wish for,grass isn't always greener,asset stripper could come in and then resell. Link to post Share on other sites More sharing options...
xLiaaamx Posted October 16, 2017 Share Posted October 16, 2017 Just don't overcharge for it. Don't f*** up the interest from those already having NDA's signed. I don't even care if we have to have an SD sponsorship deal for a while out of it, just as long as he's not controlling our football. Link to post Share on other sites More sharing options...
Joe_F Posted October 16, 2017 Share Posted October 16, 2017 'Will accept staged payments'. He's fucking desperate to get rid. Link to post Share on other sites More sharing options...
Interpolic Posted October 16, 2017 Share Posted October 16, 2017 We've been here before. Hopefully it will come to fruition this time as Ashley has been a fucking disaster. Link to post Share on other sites More sharing options...
Ikon Posted October 16, 2017 Share Posted October 16, 2017 Sorry, but what exactly does "Staged payments" mean? (English is my third language) Paying a bit every month? Like in installments? Link to post Share on other sites More sharing options...
Minhosa Posted October 16, 2017 Share Posted October 16, 2017 'Will accept staged payments'. He's fucking desperate to get rid. No he's not - he's desperate to get a deal on good terms whilst being able to maintain his influence for many years to come. Link to post Share on other sites More sharing options...
Dr.Spaceman Posted October 16, 2017 Share Posted October 16, 2017 Careful what we wish for,grass isn't always greener,asset stripper could come in and then resell. Ahh, thanks for clearing that up. PLEASE STAY MIKE. Link to post Share on other sites More sharing options...
Minhosa Posted October 16, 2017 Share Posted October 16, 2017 fucking buzzing, not even gonna try and think of any negatives right now. This abhorrent cunt is going, thats it for me Or is he? Link to post Share on other sites More sharing options...
xLiaaamx Posted October 16, 2017 Share Posted October 16, 2017 Sorry, but what exactly does "Staged payments" mean? (English is my third language) Installments. Like Sissoko's deal to Spurs. Link to post Share on other sites More sharing options...
Minhosa Posted October 16, 2017 Share Posted October 16, 2017 Sorry, but what exactly does "Staged payments" mean? (English is my third language) Means that any buyer wouldn't have to rock up with £350m cash. He'd take £xxxm up front and then £xxm per year ongoing. What he'd expect in exchange for such generousity is anyone's guess but, my guess, is that it'll mean he will still have a piece of the pie in some from for a fuckload more time yet. Link to post Share on other sites More sharing options...
Toon Hoser Posted October 16, 2017 Share Posted October 16, 2017 Bring on the high-rolling Saudis. Link to post Share on other sites More sharing options...
SEMTEX Posted October 16, 2017 Share Posted October 16, 2017 hmm Link to post Share on other sites More sharing options...
gbandit Posted October 16, 2017 Share Posted October 16, 2017 Incredible, just hope this is relatively quick and smooth. Can’t wait for this prick to be gone Link to post Share on other sites More sharing options...
Ikon Posted October 16, 2017 Share Posted October 16, 2017 Cheers lads. I edited my post when I realized what it meant. Thanks anyway for confirming Link to post Share on other sites More sharing options...
BottledDog Posted October 16, 2017 Share Posted October 16, 2017 'Will accept staged payments'. He's fucking desperate to get rid. Yup. Pretty clear for a while we'd be a drain on his finances unless he managed to attract serious investment to move us on a level. He failed to get that so has been looking to offload, and now in desperation has gone public. Hopefully he'll stick to his word and not just pass us on to some shitcunt consortium. Anyone lobbed up a Kickstarter page yet? Link to post Share on other sites More sharing options...
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