Jump to content

Recommended Posts

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.

 

What the.....still keeping a finger in the pie then.

Link to post
Share on other sites

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.

Link to post
Share on other sites

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

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

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