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Mike Ashley (former owner) (still alive)


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Fuck it. I’m biting. It occurred to me that a takeover of nufc by Saudi would be full of negative press. Endless negative press and quotes from human rights groups about how the premier league shouldn’t let it happen etc.

 

So what’s the best time to plough ahead with something like this? A fucking pandemic when everyone is looking the other way.

 

That’s all I’ve got. I’m still 90% on the bullshit side.

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Fuck it. I’m biting. It occurred to me that a takeover of nufc by Saudi would be full of negative press. Endless negative press and quotes from human rights groups about how the premier league shouldn’t let it happen etc.

 

So what’s the best time to plough ahead with something like this? A fucking pandemic when everyone is looking the other way.

 

That’s all I’ve got. I’m still 90% on the bullshit side.

 

I'm in.  #TeamTIC

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It is almost definitely bull shit.  Don’t let the glimmer of hope drag you into trawling Twitter, looking for news, watching planes, etc.  A lot of us have more time on our hands and that crap does no good.  What will be will be. Any good news would still be weeks off and will find you. 

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I actually think Ashley would jump at the chance to sell the club at the moment. SD's value will be dramatically lower once this all blows over and he will need money. I can't believe it though as this has gone on for 10 years now.

 

Also indulging things for a moment I don't agree with what neesy says. If they were buying the club it'll be part of a long term strategic investment plan with money allocated. They'll know things will recover eventually so can't see them chucking everything in the bin cause of CV19 personally. Their thing is vision 2030 right, that's still a long ways away.

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The world is going into lockdown, Ashley's being a cunt, but it doesn't matter

 

BECAUSE THE PREMIER LEAGUE HAS BEEN INFORMED OF A BID!!!!!!!111!!11!!!!

 

80 per cent Saudis, 10 per cent PCP, 10 per cent Reuben Brothers.

 

I don't subscribe to the Torygraph, so I can't read more. But howay, now, of all times, man?!  :lol: :lol: :lol:

 

 

:lol: :lol: :lol: :lol: :lol: :lol:

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To be fair, sounds a bit daft but it's a good time to buy into a GBP market if you have overseas cash such as USD (Saudi Riyal as its pegged to the USD) which they will have.

 

Comparable to 6-12 months ago the currency has changed dramatically in favor of overseas investors investing into the UK, if they were interested then but the price was never met, now is the time to jump on it due to the huge currency fluctuations from GBP to USD since Coronavirus. You never know they may have already bulk purchased the currency over the past 4 weeks which is why maybe the premier league has been informed.

 

So in 6-12 months time when the economy and market improves, the new owners would have made a profit just on the USD to GBP exchange rate for the capital growth of Newcastle United.

 

FEB 2020 - GBP 340,000,000

FEB 2020 - SAR 1,455,000 (SAR 4.28)

 

Dec 2019 - GBP 340,000,000

Dec 2019 - SAR 1,717,000,000 (5.05)

 

December 2019 - Feb 2020 - SAR 261,800,000 (GBP 56,000,000 savings on currency)

 

 

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Ashley will just use that as an argument to squeeze out £56m more on their bid after they have met his initial "asking price", hypothetically speaking if any of it was true and a bid actually materialised.

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Ashley will just use that as an argument to squeeze out £56m more on their bid after they have met his initial "asking price", hypothetically speaking if any of it was true and a bid actually materialised.

 

Telegraph mentions it may take up to a month for the Premier League to complete it's checks.

 

So fully expecting The Chronicle to run with Ashley is so desperate to sell, but he can't wait that long. Things were definitely different this time but the Premier Leagues slow response scuppered the deal. Poor Ashley, he just cant get a break.

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'5 things we've learned about the new takeover'

'Why NUFC could be in prime position for scouting at the upcoming World Cup'

'Try these authentic Dubai dishes at Fenwick's'

'10 transfer targets Newcastle should spend their warchest on'

'How many camels can you fit inside The Beehive.  Lee Ryder investigates'

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'5 things we've learned about the new takeover'

'Why NUFC could be in prime position for scouting at the upcoming World Cup'

'Try these authentic Dubai dishes at Fenwick's'

'10 transfer targets Newcastle should spend their warchest on'

'How many camels can you fit inside The Beehive.  Lee Ryder investigates'

 

Lee Ryder ivetigates

 

Invetigation in process

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It would be peak Ashley to finally allow the takeover to happen but at a time when we can't go out to celebrate it.

Would be pretty fucking great to have something else to focus on other than corona mind.

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If this goes ahead I imagine the Saudis will want a bigger ground. The Reubens own Newcastle Racecourse so could see a new ground being built in Gosforth Park. 

 

they could build one where the arena is now as that is closing soon when the new one opens near the sage.

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If this goes ahead I imagine the Saudis will want a bigger ground. The Reubens own Newcastle Racecourse so could see a new ground being built in Gosforth Park.

You aren’t getting planning permission for a stadium at the racecourse. They built some houses on the site recently, and it had major objections and was only just allowed. At the other side of the racecourse North Tyneside council had trouble getting a housing estate through.
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If this goes ahead I imagine the Saudis will want a bigger ground. The Reubens own Newcastle Racecourse so could see a new ground being built in Gosforth Park.

You aren’t getting planning permission for a stadium at the racecourse. They built some houses on the site recently, and it had major objections and was only just allowed. At the other side of the racecourse North Tyneside council had trouble getting a housing estate through.

 

The existing site is the only viable option at this stage surely. Hypothetically if we were ever in a position where new owners wanted to invest. We’d have to move for a season or two and have a new stadium built. Perhaps having the pitch at a different position so as to not interfere with the existing surrounding buildings.

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