number9shirt Posted January 3, 2018 Share Posted January 3, 2018 Question for anyone who knows what they're talking about in terms of business acquisitions etc... Say the company is for us, if lets say a Saudi prince transferred £300 million to it, and then it paid that to Ashley, would any of this have to be in the public domain? Or not? NUFC will not be owned by any one individual like now, it will be held in a holding company much like MASH Holdings or whatever its called, but money paid for the ownership of NUFC will come from various sources and not one man like Ashley that do not have to become public knowledge and may never. I imagine Stavely will be the Director of the holding company and NUFC will get a board with the real owners never fully becoming known. Basically the club will become an investment vehicle held by a company being fed by investors. Its all a bit shady, but not illegal. The higher up the business chain the more myriad it can be for tax reasons, to protect individuals and how they invest, why and whom to or what. Mike Ashley owns us now, but after the takeover no-one will own us. There will be no shareholders, just investors getting rid of money... Thanks, so the answer as to what needs to be made public and when is? When money gets paid to the holding company? (Guessing not), when they pay money to Ashley to purchase the club? (guessing this bit may need to be public as its a PLC?) or what stage things would need to be out there. Holding company is fed money from PCP's partners who in turn gives Mike Ashley his money with the holding company, well holding NUFC and all its assets on behalf of PCP's partners or rather investors. Can this all be done without any sort of business announcement being made? I know if we were on the stock exchange etc then an announcement would be needed, just not sure under our current ownership structure if legally something has to be said? A record at companies house will have to be made that MASH no longer has any controlling interest in NUFC with the name of the new holding company named in the records. That is all that is needed pretty much. You wont see the head of the Saudi family down as a director or anything for example It will be AS the director of the holding company along with her bloke and then its anyone's guess as to who owns us really... MASH no longer has any controlling interest in NUFC. control was moved to St James's holdings a while back mike's vehicle for buying & selling Newcastle United. Link to post Share on other sites More sharing options...
Heake Posted January 3, 2018 Share Posted January 3, 2018 Wonder which poor fuckas the fat lad will suck the life out of next? Link to post Share on other sites More sharing options...
Matt Posted January 3, 2018 Share Posted January 3, 2018 The ultimate beneficial owners are subject to the fit & proper tests so their identity will be known to the FA at least and I doubt it could be kept quiet for that long. As for if we'll ever find out how much cash actually changes hands- possibly if it's all done via MASH Holdings for example, as that info would appear in their next set of accounts (that could be up to 18 months to be filed and public). At present, the full chain from NUFC to Ashley is all UK-registered and the amount would be material to the accounts of MASH. Link to post Share on other sites More sharing options...
Guest Howaythetoon Posted January 3, 2018 Share Posted January 3, 2018 Could Stavely not front the ownership for the fit and proper test? And Matt Link to post Share on other sites More sharing options...
Sean Posted January 3, 2018 Share Posted January 3, 2018 Thanks for the replies lads Link to post Share on other sites More sharing options...
mighty__mag Posted January 3, 2018 Share Posted January 3, 2018 Clutching I know Same source I guess That would be an awesome birthday present for me. Link to post Share on other sites More sharing options...
Carlito Posted January 3, 2018 Share Posted January 3, 2018 Clutching I know Same source I guess That would be an awesome birthday present for me. I'll second that. High five. Link to post Share on other sites More sharing options...
mighty__mag Posted January 3, 2018 Share Posted January 3, 2018 epiphany ɪˈpɪf(ə)ni,ɛˈpɪf(ə)ni/ noun 1. the manifestation of Christ to the Gentiles as represented by the Magi (Matthew 2:1–12). 2. a moment of sudden and great revelation or realization. Unsure what the Magi bit is? Ill take it as its part of my user name Link to post Share on other sites More sharing options...
Guest The Little Waster Posted January 3, 2018 Share Posted January 3, 2018 epiphany ɪˈpɪf(ə)ni,ɛˈpɪf(ə)ni/ noun 1. the manifestation of Christ to the Gentiles as represented by the Magi (Matthew 2:1–12). 2. a moment of sudden and great revelation or realization. Unsure what the Magi bit is? Ill take it as its part of my user name The manifestation of Christ to the Geordies as represented by a Magpie Link to post Share on other sites More sharing options...
Unbelievable Posted January 3, 2018 Share Posted January 3, 2018 Link to post Share on other sites More sharing options...
Shearergol Posted January 3, 2018 Share Posted January 3, 2018 Ace when you log on and see this thread has moved on 17+ pages. Has it happened yet? Link to post Share on other sites More sharing options...
Altamullan Posted January 3, 2018 Share Posted January 3, 2018 Ace when you log on and see this thread has moved on 17+ pages. Has it happened yet? Errrr, well... not exactly... but, well, no. No. It hasn’t ... but let’s face it, that doesn’t usually stop us. We have got used to making our own entertainment. Link to post Share on other sites More sharing options...
Fenham Mag Posted January 3, 2018 Share Posted January 3, 2018 Craig Hope's been quiet today Link to post Share on other sites More sharing options...
nufcjb Posted January 3, 2018 Share Posted January 3, 2018 6th is a Saturday. All hell will break loose in the city if it happens or announced before or after that Luton game. FA Cup 3rd round replay at SJP against Stoke, KK came home. FA Cup 3rd round at SJP again, Ashley fucked off home? Link to post Share on other sites More sharing options...
Guest ElCid Posted January 3, 2018 Share Posted January 3, 2018 Question for anyone who knows what they're talking about in terms of business acquisitions etc... Say the company is for us, if lets say a Saudi prince transferred £300 million to it, and then it paid that to Ashley, would any of this have to be in the public domain? Or not? Kind of There would be no need for a public announcement, but the change in ownership will be on public record. I doubt a deal of this size or in football in general would escape the news cycles even if the parties tried to keep it quiet Cheers. My gut feeling is that the journalists only know what people close to the deal want them to know - hence them all running the "close to a breakthrough" story a month ago. Just gonna hope for the best. Thing is I wouldn’t have thought they would tell any journalist that this is for the takeover as it would result in a mass media outpouring and the media harassing then non stop for information. There is no way they are going to say anything is done until it was announced and any reporter would be told no at this stage. Hey this might or might not be happening does seem a bit coincidental I have to say. Caulkin is just reporting what he was told but every reporter would be told the same as they would not risk the media frenzy at this stage. Link to post Share on other sites More sharing options...
sbnufc Posted January 3, 2018 Share Posted January 3, 2018 Link to post Share on other sites More sharing options...
Guest chopey Posted January 3, 2018 Share Posted January 3, 2018 I've been disappointed for 10 year Link to post Share on other sites More sharing options...
JH Posted January 3, 2018 Share Posted January 3, 2018 “Everyone is positive so better send out a tweet from my ‘be a dick’ archive” Link to post Share on other sites More sharing options...
Guest The Little Waster Posted January 3, 2018 Share Posted January 3, 2018 I've been disappointed for 10 year Only 10 ? In the old days we wouldve seen that as promotion Link to post Share on other sites More sharing options...
morla84 Posted January 3, 2018 Share Posted January 3, 2018 Like eeyore that bloke man, even his bio sounds downbeat ffs Link to post Share on other sites More sharing options...
Pixelphish Posted January 3, 2018 Share Posted January 3, 2018 Are we rich yet? Link to post Share on other sites More sharing options...
Nobody Posted January 3, 2018 Share Posted January 3, 2018 What a fucking unnecessary dickhead thing to write. Link to post Share on other sites More sharing options...
Troll Posted January 3, 2018 Share Posted January 3, 2018 Why can't the press be more patriotic about Brexit optimistic about the takeover? Link to post Share on other sites More sharing options...
Guest The Little Waster Posted January 3, 2018 Share Posted January 3, 2018 Like eeyore that bloke man, even his bio sounds downbeat ffs More like Link to post Share on other sites More sharing options...
Ryan Posted January 3, 2018 Share Posted January 3, 2018 Edwards being a massive attention seeker. Shock. Link to post Share on other sites More sharing options...
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