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Mike Ashley (former owner) (still alive)


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Re Pinsent Masons. Working on them on a property deal at the mo (they represent the whole Portman Estate). Literally ignored my email entirely asking if they had any info on a Newcastle takeover. I sincerely hope I’m wrong Odin, but the idea that anyone from a law firm gave you any insight on this seems so unlikely. My missus worked on a takeover while working at Lazard and she wouldn’t tell me the companies involved until it completed and was made public. 

Yeah, you're not likely to get info like that in written form.

Ha. I’ll ask them on the phone tomorrow. Request was more tongue in cheek as been talking to the guys there for last 12 weeks

Why bother if there's no deal because no one in the Middle East will touch him with a shitty stick ?

 

I mean, that was well over a year ago and a drunk man in a bar telling me. He could have easily have not worked anywhere in the legal profession. That bit was all about me subtly searching for Michelle Gayle nudes

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I wish people would stop having meltdowns because the takeover didn’t happen today because some freak on twitter said it would.

 

Examine the facts. BZG made 2 statements, the second to clarify the first. They said terms had been agreed and signed by both parties and sent to the PL.

 

They have also said that proof of funds were sent to Ashley’s legal team on 17th April.

 

Ashley has not refuted any of this.

 

The PL has issues a no comment any time asked, just like they should.

 

The club keep issuing a no comment as well as they are bound to by the terms of the NDA.

 

Right now this is firmly with Pinsent Masons and Ashley’s lawyers to sort out.

 

There’s no last minute moving of goal posts, any of that would have happened in the negotiating stage which happened before April 17.

 

Just for perspective, we were a PLC when Ashley bought us. The first news of it broke on the 23rd May that he’d bought 40something percent of the club.

 

It wasn’t until the end of June before he’d bought up the remaining shares.

 

These things take time.

 

Also, St James Holdings were incorporated on the 21st May and the next step was a Resolution of Memorandum which happened on the 12th June of 2007.

 

Still have total confidence that this is happening. ?

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Odin. :thup:

 

Twitter is toxic as fuck and we should introduce a rule in this thread to not share anything that isnt substantial or from a reputable source. Every dickhead on Twitter is trying to be ITK or else trying to wind people up and every time one is posted in here we get 2 pages on it.

 

I'm fed up coming on here for the first time everyday to 8 new pages of total shit in this thread. The stuff people were freaking out about last week amounted to nothing, same the week before and same the week before that. Can we stop taking everything on Twitter as gospel ffs?

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Odin is right. The deal has already done - signatures signed, papers submitted. Rumours of third and fourth party interest at this stage are guffle. There will be announcement soon, within a fortnight with some luck. Also, the figure of sale agreed is closer to 300m with property involved. Benitez will be kept on, as will Charnley. Rafa actually likes him, even though I know the fans hate him and he is bald.

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Odin is right. The deal has already done - signatures signed, papers submitted. Rumours of third and fourth party interest at this stage are guffle. There will be announcement soon, within a fortnight with some luck. Also, the figure of sale agreed is closer to 300m with property involved. Benitez will be kept on, as will Charnley. Rafa actually likes him, even though I know the fans hate him and he is bald.

 

Ok, I’ll bite.

 

Source?

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You think Charnley could actually be a good managing director? Maybe he just had his hands tied by Ashley all this time.

 

This is Stockholm Syndrome. We need to chase him out of town on a donkey.

 

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I am from Sweden and new here and have a question. I turn 40 in August and I think my wife is planning a trip to Newcastle and watch a match (first PL ever) but If the takeover dont happen and Rafa leave will I be a traitor then in your opinion?

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You think Charnley could actually be a good managing director? Maybe he just had his hands tied by Ashley all this time.

 

No but I think there’ll be transfer targets and negotiations with agents that are probably already underway ready to be signed off once this happens. He might go before January’s window.

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Odin is right. The deal has already done - signatures signed, papers submitted. Rumours of third and fourth party interest at this stage are guffle. There will be announcement soon, within a fortnight with some luck. Also, the figure of sale agreed is closer to 300m with property involved. Benitez will be kept on, as will Charnley. Rafa actually likes him, even though I know the fans hate him and he is bald.

 

Well hello sir, you're far more interesting and upbeat than that Durham Mag fellow  O0

 

Now fuck off.

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I was a bit worried at first as to how wealthy BZG were as that info is not readily available online. In fact anything you can find plays it down.

 

But looking into the structure of how it works, so you have the Sheikh as the glue who holds it together. The rest (all the other companies) follow his guidance. He’s a smart one.

 

Midhat Kidwai to me seems more like a Mike from Breaking Bad. Knows all the comings and goings and manages it. Knows his place in the organisation and makes sure all the companies involved tow the line. Heavily involved in the Human Resources side of things.

 

To put it into perspective, you literally could have a hundred or more companies the size of or bigger than Sports Direct and many more smaller ones who carry out specific services to compliment the bigger ones. We could quite potentially match Man City for wealth when this is all done.

 

The ethos will be completely different though. They’re buying the club for it to realise it’s potential and also for all the companies within the group to take a slice of the pie in providing said services.

 

It’s as strategic as Mike Ashley’s move but for very different reasons.

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Odin is right. The deal has already done - signatures signed, papers submitted. Rumours of third and fourth party interest at this stage are guffle. There will be announcement soon, within a fortnight with some luck. Also, the figure of sale agreed is closer to 300m with property involved. Benitez will be kept on, as will Charnley. Rafa actually likes him, even though I know the fans hate him and he is bald.

 

Thanks for the update Midhat.

 

Cool fake username. Very convincing.

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I am from Sweden and new here and have a question. I turn 40 in August and I think my wife is planning a trip to Newcastle and watch a match (first PL ever) but If the takeover dont happen and Rafa leave will I be a traitor then in your opinion?

 

My one and only NUFC match that I've attended has been in the Ashley-owned, Alan Pardew-run phase. I even bought a Wonga shirt from the club shop! I'm a heathen, no doubt to be banished to live out eternity in N-O hell.

 

In all seriousness, don't worry about what others might think, especially if it's going to be your very first time visiting SJP. If I was a regular attendee / ST holder for decades, I'd have boycotted already, but if this is your first time ever, don't deny yourself that pleasure.

 

Edit: You can always start anti-Ashley chants for some street cred :)

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