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Mike Ashley (former owner) (still alive)


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Doesn't sound like the PL at all to me. The way I read it is that there's a sticking point in the negotiations, both sides have given ground and are getting closer but they're not quite there yet and maybe can't agree a deal.

 

Agreed.

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Guest godzilla

Think i need to step away from all this soon. It’s just ridiculous. The club is dead

 

More questions than answers today which is pathetic really. Needed an official statement lying out exactly where everything stands (i.e. is it Ashley the hold up? Premier League?) and all we have is a few words via a radio presenter's tweet, which has just escalated more questions. I have to say not a professional way to go about things at all; and then to leave everything even more up in the air than it ever has been is just s***. If the meaning was to settle nerves and clarify things then they have certainly failed.

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Guest chopey

One thing that is for certain, its the 8th of July 2019 and the 2019/2020 Premier League season for Newcastle United is already written off.

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After getting hit hard the last time questions were asked of their credibility, in which there came out with a second statement, expect BZG to come out with a clearer and more detailed explanation as to what has happened/is happening soon. Someone is going to get blamed and it doesnt look like they are blaming themselves or Ashley to an extent.

 

1 thing is for sure and I have said this time and time again. The local journos have got no clue at all as to what is going on. This statement of sorts today have come with a surprise message and none of them had even a sniff of it.

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If Im reading the statement right then BZG are basically saying that everything is done as they say that they have "completed every aspect required in a takeover process"  and the takeover is no longer in their or Ashleys hands , which can only mean that they are waiting for Premier League approval. They also say that media reports stating that the PL arent invloved are not true . Those media reports were a while ago so Im thinking that its been with the Premier League for a while

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The Kenyon letter was "leaked" via a pro-Ashley journalist and read like exposition from a badly written film (telling the other person things they should already know in order to fill the audience in on what was happening). I don't believe this is like that at all, and I don't believe Kenyon was ever really serious about buying NUFC, it felt more like he was just doing Ashley a favour.

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Guest chopey

“I know I speak for both of us in that we continue to share a serious determination to finalise the agreement we have to suit both parties as soon as possible in the new year.

 

“We have both spent many months discussing the parameters of a final deal and as you know we have also invested heavily in time and money on our various legal and financial advisors.

 

“And I appreciate the time and effort committed to the detailed discussions by your advisors, lawyers, club, and, of course, yourself.

 

 

“I fully respect your desire to ensure the next owners of Newcastle United understand the club, football, and have the appropriate financial resources, and I am delighted that you think the investor group led by myself is the best fit.

“On my side, I would like to personally assure you that I am committed to conclude our deal as soon as possible and, while we are both perhaps frustrated that we have not progressed as quickly as we would have wished.

 

“I would like to express personal gratitude for your patience and integrity in this matter and hope we can continue our discussions in the same spirit.”

 

 

So the latest Statement is just a shorter version of this.

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Guest Howaythetoon

A legitimate request, at this stage right now, how much remains of Ashley’s loan still to be paid back to him he’s owed?

 

My own amateur investigation into the accounts not including the latest accounts, dating from the first set,  tells me he’s not put any real money in (that can be traced) yet taken real money out, and lots of it. That’s not even including hidden fees, payments to SD, consultants, preferred agents, KB, payoffs, friends and family, legal fees etc. the club’s own expenditure has went on/to.

 

Can anyone actually point out in any set of accounts all monies he directly transferred out of his own personal account and therefore own personal wealth into NUFC’s accounts and if so, can this information be obtained legally?

 

I ask because any new owner may want to see this as well, just to cross check things of course. No-one wants poor Mike to end up out of pocket now and do him out of what he’s entitled to...

 

He hasn't drawn a wage from NUFC in all these years, unlike others...

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Guest The Little Waster

 

Lol i nearly posted that last night ? i mean even for the Chronic ... WTAF ?

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Guest Gonzo

Bunch of small time assholes on all sides. If BZG had any mettle they would have called Ashley out on his bullshit weeks ago.

 

This is now a game to see who can get out of the situation by saving as much face as possible.

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“I know I speak for both of us in that we continue to share a serious determination to finalise the agreement we have to suit both parties as soon as possible in the new year.

 

“We have both spent many months discussing the parameters of a final deal and as you know we have also invested heavily in time and money on our various legal and financial advisors.

 

“And I appreciate the time and effort committed to the detailed discussions by your advisors, lawyers, club, and, of course, yourself.

 

 

“I fully respect your desire to ensure the next owners of Newcastle United understand the club, football, and have the appropriate financial resources, and I am delighted that you think the investor group led by myself is the best fit.

“On my side, I would like to personally assure you that I am committed to conclude our deal as soon as possible and, while we are both perhaps frustrated that we have not progressed as quickly as we would have wished.

 

“I would like to express personal gratitude for your patience and integrity in this matter and hope we can continue our discussions in the same spirit.”

 

 

So the latest Statement is just a shorter version of this.

 

What's that? Staveley statement?

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Bunch of small time assholes on all sides. If BZG had any mettle they would have called Ashley out on his bullshit weeks ago.

 

This is now a game to see who can get out of the situation by saving as much face as possible.

 

Why would they possibly do this?

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