LV Posted May 11, 2019 Share Posted May 11, 2019 When (ok, if) a takeover ever happens I’m genuinely scared to find out how much of the club’s entrails he has ripped out on the way out. I reckon we don’t know the half of the asset stripping he’s done. Link to post Share on other sites More sharing options...
Shelveys Hair Posted May 11, 2019 Share Posted May 11, 2019 While Im highly sceptical of anything that Mike Ashley does, says or even hints at, I was thinking the other day that after our performance against Liverpool infront of a worldwide audience on TV and the fact there are all English clubs in both Champions League and Europa finals it could well drum up a bit of interest in us. There is no better time to buy an English club, it might as well be us. Link to post Share on other sites More sharing options...
Matt Posted May 11, 2019 Share Posted May 11, 2019 When (ok, if) a takeover ever happens I’m genuinely scared to find out how much of the club’s entrails he has ripped out on the way out. I reckon we don’t know the half of the asset stripping he’s done. I think the whole 'asset stripping' talk is overdone. Asset strippers see the sum of the parts as being worth more than the whole and move fast and get out with a quick profit. Ashley's been here over a decade and has sold off the Gallowgate plot and one by the training ground with the vast amount of his invested capital still tied up in the main business of the club. What's more important is the complete lack of maintenance on the ground and the lack of capital spend on training facilities which means any new buyer will have a hefty bill to get us back up to the standards that would be expected of a top flight club. Link to post Share on other sites More sharing options...
r0cafella Posted May 11, 2019 Share Posted May 11, 2019 Club in chaos with a transfer window opening? Time for a takeover rumour it is! Link to post Share on other sites More sharing options...
LV Posted May 11, 2019 Share Posted May 11, 2019 When (ok, if) a takeover ever happens I’m genuinely scared to find out how much of the club’s entrails he has ripped out on the way out. I reckon we don’t know the half of the asset stripping he’s done. I think the whole 'asset stripping' talk is overdone. Asset strippers see the sum of the parts as being worth more than the whole and move fast and get out with a quick profit. Ashley's been here over a decade and has sold off the Gallowgate plot and one by the training ground with the vast amount of his invested capital still tied up in the main business of the club. What's more important is the complete lack of maintenance on the ground and the lack of capital spend on training facilities which means any new buyer will have a hefty bill to get us back up to the standards that would be expected of a top flight club. My point is more that I’m concerned there is other stuff we don’t know about and will only find out about once he’s gone. Link to post Share on other sites More sharing options...
madras Posted May 11, 2019 Share Posted May 11, 2019 When (ok, if) a takeover ever happens I’m genuinely scared to find out how much of the club’s entrails he has ripped out on the way out. I reckon we don’t know the half of the asset stripping he’s done. I think the whole 'asset stripping' talk is overdone. Asset strippers see the sum of the parts as being worth more than the whole and move fast and get out with a quick profit. Ashley's been here over a decade and has sold off the Gallowgate plot and one by the training ground with the vast amount of his invested capital still tied up in the main business of the club. What's more important is the complete lack of maintenance on the ground and the lack of capital spend on training facilities which means any new buyer will have a hefty bill to get us back up to the standards that would be expected of a top flight club. My point is more that I’m concerned there is other stuff we don’t know about and will only find out about once he’s gone. It wont be so much asset stripping as other things built in, so many years free advertising, being tied in to merchandising deals etc. I'm fairly sure that's why people look at the books and walk off after agreeing with the initial price. Link to post Share on other sites More sharing options...
Guest chopey Posted May 11, 2019 Share Posted May 11, 2019 Why doesnt Ashley insist on leaving his ads up when someone else uses St James ? Link to post Share on other sites More sharing options...
mickthemagpie Posted May 11, 2019 Share Posted May 11, 2019 Can the stages following this 'Data room' business be done within the 10 days Rafa mentioned yesterday? Perhaps he knows something we don't! Link to post Share on other sites More sharing options...
NG32 Posted May 11, 2019 Share Posted May 11, 2019 It's not necessarily saying WE have a data room. It's just saying that it's at a stage that is known (by who, fuck knows) as the 'data room' stage. Charnley just gave the password to them for our Quick Books account. Link to post Share on other sites More sharing options...
Guest Posted May 11, 2019 Share Posted May 11, 2019 Every transfer window there's a 'takeover'. Link to post Share on other sites More sharing options...
Guest chopey Posted May 11, 2019 Share Posted May 11, 2019 I think we might see a "SUPER" takeover rumour when the season ticket renewals are due. Link to post Share on other sites More sharing options...
Stifler Posted May 11, 2019 Share Posted May 11, 2019 I think we might see a "SUPER" takeover rumour when the season ticket renewals are due. Aye, 10-20% increase with some mega billionaire rumoured to be taking over and wanting us to compete at the top of the Premier League. Link to post Share on other sites More sharing options...
Guest chopey Posted May 11, 2019 Share Posted May 11, 2019 Well their not getting my money this year, Newcastle need to make a choice its either me or Ashley Link to post Share on other sites More sharing options...
Chris_R Posted May 11, 2019 Share Posted May 11, 2019 Can the stages following this 'Data room' business be done within the 10 days Rafa mentioned yesterday? Perhaps he knows something we don't! We've tried to read that into every quote of his whenever there's been a takeover rumor for the last 3 years. Link to post Share on other sites More sharing options...
madras Posted May 11, 2019 Share Posted May 11, 2019 Can the stages following this 'Data room' business be done within the 10 days Rafa mentioned yesterday? Perhaps he knows something we don't! Data room, garden of negotiation, outdoor toilet of despair. Link to post Share on other sites More sharing options...
madras Posted May 11, 2019 Share Posted May 11, 2019 I think we might see a "SUPER" takeover rumour when the season ticket renewals are due. Aye, 10-20% increase with some mega billionaire rumoured to be taking over and wanting us to compete at the top of the Premier League. Dont they renew in February or is that just those on the 10year deal ? Link to post Share on other sites More sharing options...
Stifler Posted May 11, 2019 Share Posted May 11, 2019 I think we might see a "SUPER" takeover rumour when the season ticket renewals are due. Aye, 10-20% increase with some mega billionaire rumoured to be taking over and wanting us to compete at the top of the Premier League. Dont they renew in February or is that just those on the 10year deal ? Just those on the deal. Link to post Share on other sites More sharing options...
Sima Posted May 11, 2019 Share Posted May 11, 2019 It's not necessarily saying WE have a data room. It's just saying that it's at a stage that is known (by who, fuck knows) as the 'data room' stage. Charnley just gave the password to them for our Quick Books account. Bet it’s pa55word. Link to post Share on other sites More sharing options...
Odear Posted May 12, 2019 Share Posted May 12, 2019 I’ve grown to be so cynical of all the bullshit. Never believe a word that’s printed when it comes to that wanker. Link to post Share on other sites More sharing options...
Pandamninator Posted May 12, 2019 Share Posted May 12, 2019 Why doesnt Ashley insist on leaving his ads up when someone else uses St James ? No leverage. With things like the last Rugby World Cup and the Magic Weekend there's plenty of other stadiums around the country, so they'll happily let fatty die on that hill and miss out on the revenue. Ditto with concerts, I think Ed Sheeran and other big artists will manage to make do without St James Park. Link to post Share on other sites More sharing options...
NG32 Posted May 12, 2019 Share Posted May 12, 2019 It's not necessarily saying WE have a data room. It's just saying that it's at a stage that is known (by who, fuck knows) as the 'data room' stage. Charnley just gave the password to them for our Quick Books account. Bet it’s pa55word. Link to post Share on other sites More sharing options...
Guest chopey Posted May 12, 2019 Share Posted May 12, 2019 Fat horrible bastard. Link to post Share on other sites More sharing options...
NG32 Posted May 12, 2019 Share Posted May 12, 2019 Fat horrible bastard. That's more of a pass phrase than a password. Link to post Share on other sites More sharing options...
Elric Posted May 12, 2019 Share Posted May 12, 2019 "defintelynotafatcockneyrapist" Link to post Share on other sites More sharing options...
Sean Posted May 12, 2019 Share Posted May 12, 2019 I’ve grown to be so cynical of all the bullshit. Never believe a word that’s printed when it comes to that wanker. It's not even cynical at this point though, it's rational not to believe a word. I can't get my head around how anyone could be taken in by the bullshit. Link to post Share on other sites More sharing options...
Recommended Posts