Guest Hog Posted January 2, 2018 Share Posted January 2, 2018 Until it’s posted by HTT on Jimbo's tele I don’t believe a word of it? Sent from my iPhone using Tapatalk FYP Link to post Share on other sites More sharing options...
Yorkie Posted January 2, 2018 Share Posted January 2, 2018 Shearea. Required. :lol: Link to post Share on other sites More sharing options...
mattypnufc Posted January 2, 2018 Share Posted January 2, 2018 Didn’t someone end up with a dodgy chinese shirt with something similar on or is that the joke? Link to post Share on other sites More sharing options...
Yorkie Posted January 2, 2018 Share Posted January 2, 2018 Anyway someone educate a business noob. Why would she set up another company if/when buying the club? Slash, why did Ashley set up St James' Holdings when he bought the club? What's the reason for doing that? I don't know shit. Link to post Share on other sites More sharing options...
Dave Posted January 2, 2018 Share Posted January 2, 2018 Anyway someone educate a business noob. Why would she set up another company if/when buying the club? Slash, why did Ashley set up St James' Holdings when he bought the club? What's the reason for doing that? I don't know shit. What's the alternative? Whatever this business is for, it's its own entity. Has its own accounts, does its own business. Link to post Share on other sites More sharing options...
Greg Posted January 2, 2018 Share Posted January 2, 2018 Until it’s posted by HTT on Jimbo's tele I don’t believe a word of it? Sent from my iPhone using Tapatalk FYP Who are you? Link to post Share on other sites More sharing options...
afar Posted January 2, 2018 Share Posted January 2, 2018 Anyway someone educate a business noob. Why would she set up another company if/when buying the club? Slash, why did Ashley set up St James' Holdings when he bought the club? What's the reason for doing that? I don't know s***. I'm as clueless as you, it's basically a business owning another business rather than an individual owning the business. Must be some tax or liability reason behind it. Link to post Share on other sites More sharing options...
Stifler Posted January 2, 2018 Share Posted January 2, 2018 Anyway someone educate a business noob. Why would she set up another company if/when buying the club? Slash, why did Ashley set up St James' Holdings when he bought the club? What's the reason for doing that? I don't know s***. I'm as clueless as you, it's basically a business owning another business rather than an individual owning the business. Must be some tax or liability reason behind it. So the company can be registered as a Limited company which amongst others things reduces the liability of the owner which is quite common for mid sized to large companies. Link to post Share on other sites More sharing options...
tsah Posted January 2, 2018 Share Posted January 2, 2018 Until it’s posted by HTT on Jimbo's tele I don’t believe a word of it? Sent from my iPhone using Tapatalk FYP Who are you? [emoji6] Sent from my iPhone using Tapatalk Link to post Share on other sites More sharing options...
midds Posted January 2, 2018 Share Posted January 2, 2018 Inclined to believe it all tbh. Nothing to back that up with but negotiations have been going on for weeks and the recent good results may have calmed everyone down a bit. Window has just opened, few rumours here and there, new company created, not saying it’s all legit but it sort of fits. We’ll see, fingers crossed. Link to post Share on other sites More sharing options...
Matt Posted January 2, 2018 Share Posted January 2, 2018 Absolutely standard to incorporate a new legal entity to buy the shares in another- various reasons for doing so- to limit liability impacting any other businesses ultimately owned by the same people (this often needs a whole chain of entities), to bring together consortium members into a common vehicle or for tax structuring purposes. Link to post Share on other sites More sharing options...
U2 Posted January 2, 2018 Share Posted January 2, 2018 http://4.bp.blogspot.com/_I2uQkGxIykM/S3SOq0qamnI/AAAAAAAAI8Q/bo_JAk21uGQ/s400/retrieve+fyd.jpg Link to post Share on other sites More sharing options...
henke Posted January 2, 2018 Share Posted January 2, 2018 If the company is nothing to do with us it's one hell of a coincidence. Link to post Share on other sites More sharing options...
Cheshire Mag Posted January 2, 2018 Share Posted January 2, 2018 Until it’s posted by HTT on Jimbo's tele I don’t believe a word of it? Sent from my iPhone using Tapatalk FYP Wow! Your going back years with that one Jimbos tele Link to post Share on other sites More sharing options...
Stifler Posted January 2, 2018 Share Posted January 2, 2018 If the company is nothing to do with us it's one hell of a coincidence. Aye, she’s either buying another business, or re-arranging her current one. Link to post Share on other sites More sharing options...
Matt Posted January 2, 2018 Share Posted January 2, 2018 From an article on the notorious Barclays deal: In fact, the documents seen by Euromoney reveal that the nature of Mansour’s investment was much more complicated than the drafting error revealed, involving a series of shelf companies called PCP Gulf Invest 1, 2 and 3 first set up in Staveley’s name and that of her partner at PCP, Craig Eadie, that were then transferred into Abu Dhabi’s beneficial ownership. Full article: https://www.euromoney.com/article/b12kjth9h0p0xf/revealed-the-truth-about-barclays-and-the-abu-dhabi-investment?copyrightInfo=true Link to post Share on other sites More sharing options...
Yorkie Posted January 2, 2018 Share Posted January 2, 2018 Link to post Share on other sites More sharing options...
afar Posted January 2, 2018 Share Posted January 2, 2018 I don't understand Matt, can you explain in Janet and John language for us thickos ? Are you saying that She has previous form doing this and this is a positive sign ? Edit Yorkie's Gif sums it up for me perfectly Link to post Share on other sites More sharing options...
HaydnNUFC Posted January 2, 2018 Share Posted January 2, 2018 Good chance this could be Staveley's version of SJH, but I'll believe it when it goes through. Link to post Share on other sites More sharing options...
Odear Posted January 2, 2018 Share Posted January 2, 2018 I told you it would be sorted over these few days! It was done weeks ago but no way they’d announce something when they couldn’t put any deals in motion. I reckon she’ll run things for the first year or so, and would expect her to put in place a proper board of experienced top level professionals. Link to post Share on other sites More sharing options...
sbnufc Posted January 2, 2018 Share Posted January 2, 2018 Saudi Royal family, man Can't wait to buy the league and CL Link to post Share on other sites More sharing options...
LV Posted January 2, 2018 Share Posted January 2, 2018 Saudi Royal family, man Can't wait to buy the league and CL Watch the oil suddenly dry up. Link to post Share on other sites More sharing options...
HaydnNUFC Posted January 2, 2018 Share Posted January 2, 2018 Saudi Royal family, man Can't wait to buy the league and CL When the news of the second bid emerged. https://www.theguardian.com/football/2017/dec/13/mike-ashley-sale-newcastle-united-amanda-staveley The identity of Staveley’s backers remains opaque but the 44-year-old is believed to have secured funding from the Middle East – quite possibly Saudi Arabia – and China. A skilled negotiator possessing peerless contacts in the Gulf, she masterminded Sheikh Mansour’s 2009 takeover of Manchester City. Staveley’s latest ambition is to try to put Newcastle in a position where Benítez’s team can compete with City in the Premier League and the Champions League. Link to post Share on other sites More sharing options...
Guest reefatoon Posted January 2, 2018 Share Posted January 2, 2018 Too excited to sleep Link to post Share on other sites More sharing options...
gdm Posted January 2, 2018 Share Posted January 2, 2018 I told you it would be sorted over these few days! It was done weeks ago but no way they’d announce something when they couldn’t put any deals in motion. I reckon she’ll run things for the first year or so, and would expect her to put in place a proper board of experienced top level professionals. You love guesswork Link to post Share on other sites More sharing options...
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