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Various: Mike Ashley in talks with Sheikh Khaled bin Zayed Al Nehayan


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If it is 250m that is a low ball offer IMO. Something like 300/325 might have got the deal done. I do actually believe MA was testing the water this time but he is notoriously unpredictable and stubborn and a cunt to boot.

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Guest firetotheworks

According to that article about Mike Ashley and Amanda Staveley 'Staveley has got previous' :lol: Remind me to never listen to Luke Edwards ever again.

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According to that article about Mike Ashley and Amanda Staveley 'Staveley has got previous' :lol: Remind me to never listen to Luke Edwards ever again.

 

She did turn up at the curry house with a fishing rod and a Special Brew.

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Guest firetotheworks

According to that article about Mike Ashley and Amanda Staveley 'Staveley has got previous' :lol: Remind me to never listen to Luke Edwards ever again.

 

He is right though, isn’t he.

 

...and that's how he gets away with it.

 

You don't specify one person 'having previous' in an article that's also about Mike Ashley's dealings unless you're a terrible journalist or have some sort of ridiculous bias. The entire article is basically a put up or shut up article about Staveley. The criticism of Ashley is literally one paragraph, has nothing to do with the way he conducts business, and comes with the preface of it being 'the easy thing to do'

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This made me laugh..

If there was a dummies' guide to selling a football club, Mike Ashley’s decision to publicly mock and deride Amanda Staveley’s bid to buy Newcastle would be somewhere near the back, in the chapter titled 'Extreme measures'

:lol:

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What is the point of Ashley backing us somewhat last summer to get back to the Premier League yet now, he's going to let us slide back to the Championship? Don't understand whatever logic he is using

 

The logic is him taking a risk that Rafa can do it with minimum funding.  Can't say it's a very well calculated risk considering how much money the club would lose out on and how much unrest another relegation would cause among fans.

 

 

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Wishful thinking  maybe  but I still think we'll be sold in the Summer should we avoid relegation. Trying to read between the lines ( and if the reprts of 300mill with clauses about relegation were accurate)it seems the sticking point was his valuation had no risk element for relegation. Should we stop up that element won't be there. Just hope he hasnt pissed them off to the extent theyd rather not have anything to do with him.

 

Not sure about that any more. I'm not convinced he wants to sell, or that they've agreed a price. By the time summer rolls round the price might have changed again, or PCP might just decide it's time to move on.

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This attitude that because Ashley wants £300m then she’s stupid not to pay £300m is ridiculous.

 

So dd and our actual worth means nothing? Whatever he wants, you should pay or you’re a time waster? Sounds like that is from the Dummies guide to buying anything.

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What is the point of Ashley backing us somewhat last summer to get back to the Premier League yet now, he's going to let us slide back to the Championship? Don't understand whatever logic he is using

 

He didn't back us, we used the proceeds of the sales of our biggest players to fund buying championship players to do the job.

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Someone clarify or correct.

 

Ashley's initial loan was him paying off the club debt because he didn't do due dilligence?

 

So the club value was what he paid plus that loan to make the club debt-free.  What would that figure be, circa 250m?

 

Any other money spent in the interim since then was part and parcel of running a football club and in addition he's had free advertising and, to my knowledge, has had some of the debt serviced, yes?

 

The TV money dosn't come into the clubs value imo as all the clubs get TV money and it is therefore not a special consideration.

 

The reason I am asking these questions is to try and decide if £250m was ridiculously low, or £380m was ridiculously high.

 

 

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If Staveley was/is serious about buying the club then this isn't over. Business negotiations of this size often go on for ages, with two skilled negotiators (backed by experienced teams of other skilled negotiators) using every trick in the book until they get what they want.

 

Staveley tried to get the club on the cheap and it didn't work. If she still wants it she'll have to come back to the negotiating table with a better offer. It's no different to you or I making an offer on a car and when it's turned down you walk away. Then when you get home you decide you really want it so you phone back and up your offer.  It doesn't make a jot of difference if the guy labelled your original offer 'insulting' and called you a 'joker'. He's never going to be your best friend, you just want his car for a good price.

 

The only different is the media don't give a shit about your car buying activity so they don't report every detail and make a load of shit up.

 

I've said for a couple of weeks now, it makes far more sense for Stavo to make an improved (or otherwise) offer at the end of the season or if/when we reach 40 points.

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Someone clarify or correct.

 

Ashley's initial loan was him paying off the club debt because he didn't do due dilligence?

 

So the club value was what he paid plus that loan to make the club debt-free.  What would that figure be, circa 250m?

 

Any other money spent in the interim since then was part and parcel of running a football club and in addition he's had free advertising and, to my knowledge, has had some of the debt serviced, yes?

 

The TV money dosn't come into the clubs value imo as all the clubs get TV money and it is therefore not a special consideration.

 

The reason I am asking these questions is to try and decide if £250m was ridiculously low, or £380m was ridiculously high.

 

 

 

250m is low. That is what the club was worth a decade ago. With the new PL money top tier clubs can become decent investment vehicles if managed correctly. IMO Newcastle has other advantages over run of the mill PL clubs as well.

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Someone clarify or correct.

 

Ashley's initial loan was him paying off the club debt because he didn't do due dilligence?

 

So the club value was what he paid plus that loan to make the club debt-free.  What would that figure be, circa 250m?

 

Any other money spent in the interim since then was part and parcel of running a football club and in addition he's had free advertising and, to my knowledge, has had some of the debt serviced, yes?

 

The TV money dosn't come into the clubs value imo as all the clubs get TV money and it is therefore not a special consideration.

 

The reason I am asking these questions is to try and decide if £250m was ridiculously low, or £380m was ridiculously high.

 

 

 

250m is low. That is what the club was worth a decade ago. With the new PL money top tier clubs can become decent investment vehicles if managed correctly. IMO Newcastle has other advantages over run of the mill PL clubs as well.

 

You have to factor in the value of the playing squad though, and they're arguably worth less than every other team in the league. The stadium, training ground, commercial opportunities, general infrastructure etc. have a lot of value but ultimately any new owner will have to make up for Ashley's shortcomings in the transfer market and that needs to be taken into account. £250m isn't cheap when you need to invest £100m+ in the first team just to stabilise things.

If we had 2-3 world class players then £300-£350m is probably about right

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PL clubs will never be a "decent" investment vehicle man what are you on about :lol:

 

 

I don't mean you can make money out of them, but as part of a portfolio they have tremendous marketing potential if it fits with other assets.

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