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Mike Ashley (former owner) (still alive)


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If Ryder, Downie, et al are so convinced there is no bids or proof of funds, then why is it so hard for Ashley or the club to come out and say so like they have previously done?

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Because Ashley et al aren't the ones agonizing day to day over their own silence. They absolutely could come out and say something they just don't give a fuck. It's a caustic indifference at best and malicious at worst.

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Because Ashley et al aren't the ones agonizing day to day over their own silence. They absolutely could come out and say something they just don't give a f***. It's a caustic indifference at best and malicious at worst.

Well that maybe true but these journos also look like fucking numpties for not going further to ask clarification from the club yet go to such lengths to prove BZG are in the wrong.

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Not sure where to post this so I'll pop it here:

 

 

That's hilarious it's like bangers and chips rationed during the war. Everything our club does is just utterly amateurish

 

Peppa pig paddling pools and sausage and chips passes off as a gourmet meal

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Anyone still positive about a takeover?

 

Obviously the Ashley/KBA PR machine starting to crank up is really worrying and it makes sense that Ashley would be willing to gamble on survival on the cheap (or instant promotion if we go down) because he's a gambler and we're talking about a club that is generating at least £100m of excess cash per season if it can stay in the PL.

 

Having said that, and I know I'm clutching at straws here, I still think there's a chance he wants to sell primarily because of the losses on Debenhams, HoF, the issues with SD shares dropping and key staff leaving, etc. The risk of NUFC getting relegated and staying in the Championship is a risk of losing at least £200m on his current valuation. Maybe in prior years he wouldn't be bothered, but if something is going to cause him to sell these high street failures of his will be it.

 

Also, just recapping the "what we know" part in all of this:

 

- Statement from BZG about agreeing terms with Ashley (supposedly confirmed by the club).

- Statement from BZG that proof of funds were sent to Ashley's lawyers in April 2019 and that they are undergoing the PL fit and proper test.

- BZG signing a deal to invest a couple of billion in infrastructure in an Indian state/region (i.e. they're loaded).

- A company called Monochrome Acquisitions Ltd has been set up by BZG.

- Lawyers used by BZG in the UK are ones who specialize in football club takeovers (Pinsent Masons).

- Activity by Ashley to consolidate NUFC related companies/entities, which may or may not mean something.

- SD advertising hoardings that were taken down afaik haven't been replaced.

 

All of this gives me some confidence still that something might happen, providing Ashley is still a willing seller which of course is the sticking point. In terms of possible explanations for the recent reports, it's either desperate egotistical journalists shit stirring with the "no bids/proof of funds/exclusivity" articles because they're pissed about being in the dark like us common folk (and/or their anonymous club sources have no idea what's going on), in which case they may as well print whatever will get them hits or generate controversy. Or it's brinkmanship from Ashley who is trying to get the most that he can from BZG by having his media partners put out anonymised threats that he's willing to walk (setting the groundwork to let them know they'll take the blame through the media if the deal fails, or drumming up fake rival bidders) unless BZG agree to whatever it is that Ashley wants.

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I still think there's a chance he wants to sell primarily because of the losses on Debenhams, HoF, the issues with SD shares dropping and key staff leaving, etc. The risk of NUFC getting relegated and staying in the Championship is a risk of losing at least £200m on his current valuation. Maybe in prior years he wouldn't be bothered, but if something is going to cause him to sell these high street failures of his will be it.

 

This makes no sense.

 

Why would he sell a profit-making part of his empire to prop up the loss-making ones? Surely you do the opposite?

 

OK, unless you're sure you're onto a long-term winner with the loss-making parts, but I don't think anyone (even Ashley) thinks that. He might hope it, but he can't believe it's a certainty. Profit from NUFC is much more likely. To sell that would be crazy, IMO.

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I know it sounds silly but if what Ryder said is real, then it appears to me that Ashley is desperate for BZG’s bid, hence making the noise through Chronicle

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I know it sounds silly but if what Ryder said is real, then it appears to me that Ashley is desperate for BZG’s bid, hence making the noise through Chronicle

 

Yeah the BZG are going to follow the chronicle website lol

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