Takeover Thread - July 1st statement, Staveley letter to Tracey Crouch (and response) in OP

[Shearergol]

He won't win any loss of earnings claim because he wasn't obliged to hire or stick with a fucking useless blancmange of a man to manage the team

 

He could put forward two arguments which may work.

 

Either a) players and potential managers turned the club down due to uncertainty regarding the takeover. Alternatives weren’t considered good enough.

 

Or b) certain limitations created by the sale environment meant he was only able to spend £X, of which got spent.

 

If either of these are his defence then if he plans the legal route he is presently completely tied down and prevented from sacking Bruce

 

He could say that aliens came from Mercury and told him everything would be ok.

[Shadow Puppets]

The PL are clearly, whether fairly or not, not comfortable with Saudi Arabia being involved in the EPL. And that's completely understandable. There are just far too many issues there.

 

Whether what they are doing is legally sound though, I don't know.

 

Apart from the Saudi involvement in Man Utd, that's OK though. The whole thing stinks.

 

That's completely and utterly different though, isn't it?

[RS]

The consortium is one major player missing currently. Unfortunately it’s the one with 80% of the money. They withdrew because of a change in their investment strategy.  Zero real evidence of this having changed after their original withdrawal last year.

[gdm]

There is no such thing as a Premier League club temporarily in the Championship. They're a Championship club by "merit" and until it's confirmed they're going back up, they are just that.

 

However, I could still see them buying in but with caveats where Ashley gets the full amount should we be promoted.

 

It really is RTG patter that. “We are too big for this league” how did that work out for the Mackems. If we go down we’ll be a championship club until we come back up or get relegated again. That’s how it works

[Bishops Finger]

I can’t see anybody wanting to buy the club in the championship at Ashley’s current value and I can’t see Ashley selling the club at anything less than his current value either. To me if this takeover really was in full swing, he would be making sure the club didn’t go down.

 

The Consortium would not buy a "Championship Club" for the money that they have agreed with Ashley to buy Newcastle United for.

 

Hopefully, we will not be relegated, but if we are a Premier League Club in the Championship for a season - who cares?

 

Certainly the Consortium won't care, why would they.

 

Can people not understand the difference between a Championship Club and a Premier League Club temporarily in the Championship? After all we have done it twice under Ashley, so it would be no hardship under the Consortium and with Benitez at the helm.

 

It would not affect the Takeover, it wouldn't really affect the development of the club under the new owners either, as they will have to replace pretty well 100% of the playing staff and non-playing staff, no matter which division we are in when they take over the club.

 

The logic of this is obvious, but (I suppose) "cue the scatter-gun vitriol" !!!!!

 

 

Ashley imho would not sell at a reduced price and nobody would pay that amount for a championship club and there lies the problem. If you think he would reduce the price fair enough, but, history doesn’t back up that theory.

 

My post explains that the Takeover would not be affected - the 'price' will remain the same, by a season in the 2nd Division.

 

You're not selling any of those happy pills You're obviously over indulging in are you bud?

[Whitley mag]

The consortium is one major player missing currently. Unfortunately it’s the one with 80% of the money. They withdrew because of a change in their investment strategy.  Zero real evidence of this having changed after their original withdrawal last year.

 

Not even the fact Caulkin confirmed they believed they were days away from approval after political intervention. This came after their original withdrawal and the money was deposited in an account waiting to be transferred.

 

Think that’s pretty strong evidence that their original withdrawal was tactical.

[The Prophet]

I can’t see anybody wanting to buy the club in the championship at Ashley’s current value and I can’t see Ashley selling the club at anything less than his current value either. To me if this takeover really was in full swing, he would be making sure the club didn’t go down.

 

The Consortium would not buy a "Championship Club" for the money that they have agreed with Ashley to buy Newcastle United for.

 

Hopefully, we will not be relegated, but if we are a Premier League Club in the Championship for a season - who cares?

 

Certainly the Consortium won't care, why would they.

 

Can people not understand the difference between a Championship Club and a Premier League Club temporarily in the Championship? After all we have done it twice under Ashley, so it would be no hardship under the Consortium and with Benitez at the helm.

 

It would not affect the Takeover, it wouldn't really affect the development of the club under the new owners either, as they will have to replace pretty well 100% of the playing staff and non-playing staff, no matter which division we are in when they take over the club.

 

The logic of this is obvious, but (I suppose) "cue the scatter-gun vitriol" !!!!!

 

 

Ashley imho would not sell at a reduced price and nobody would pay that amount for a championship club and there lies the problem. If you think he would reduce the price fair enough, but, history doesn’t back up that theory.

 

My post explains that the Takeover would not be affected - the 'price' will remain the same, by a season in the 2nd Division.

 

 

So you really think they would pay the same price for a championship club? I think you’re living in lala land there mind if you do.

 

As I say above, a Premier League Club in the Championship for a season (with all their money and Benitez) is a very different animal to a "Championship Club".

 

A club is a Chamionship club, until they're no longer in the Championship.

[Happinesstan]

I can’t see anybody wanting to buy the club in the championship at Ashley’s current value and I can’t see Ashley selling the club at anything less than his current value either. To me if this takeover really was in full swing, he would be making sure the club didn’t go down.

 

The Consortium would not buy a "Championship Club" for the money that they have agreed with Ashley to buy Newcastle United for.

 

Hopefully, we will not be relegated, but if we are a Premier League Club in the Championship for a season - who cares?

 

Certainly the Consortium won't care, why would they.

 

Can people not understand the difference between a Championship Club and a Premier League Club temporarily in the Championship? After all we have done it twice under Ashley, so it would be no hardship under the Consortium and with Benitez at the helm.

 

It would not affect the Takeover, it wouldn't really affect the development of the club under the new owners either, as they will have to replace pretty well 100% of the playing staff and non-playing staff, no matter which division we are in when they take over the club.

 

The logic of this is obvious, but (I suppose) "cue the scatter-gun vitriol" !!!!!

 

 

Ashley imho would not sell at a reduced price and nobody would pay that amount for a championship club and there lies the problem. If you think he would reduce the price fair enough, but, history doesn’t back up that theory.

 

My post explains that the Takeover would not be affected - the 'price' will remain the same, by a season in the 2nd Division.

 

 

So you really think they would pay the same price for a championship club? I think you’re living in lala land there mind if you do.

 

As I say above, a Premier League Club in the Championship for a season (with all their money and Benitez) is a very different animal to a "Championship Club".

 

There is no such thing as a PL club in the championship for a season.

[Happinesstan]

Anybody that pays £350 million for us in the championship is thicker [or more corrupt] than Ashley ever was.

[RS]

The consortium is one major player missing currently. Unfortunately it’s the one with 80% of the money. They withdrew because of a change in their investment strategy.  Zero real evidence of this having changed after their original withdrawal last year.

 

Not even the fact Caulkin confirmed they believed they were days away from approval after political intervention. This came after their original withdrawal and the money was deposited in an account waiting to be transferred.

 

Think that’s pretty strong evidence that their original withdrawal was tactical.

 

Caulkin is paid to make noise to sell clicks and print.  Just show me a PIF statement since their withdrawal statement that shows they still have an interest in buying the club.  Do that and I’m with you all the way.

[gdm]

I do believe pif hold an interest still. I don’t believe that they’ll be just as happy to buy us as a championship club tho. I’ve said for a while now that staying up is a must and looks like that hope is ebbing away. If they buy us in the championship that credit to them.

 

People need to start bracing themselves for being in the same division as the Mackems and them having the wealthy engaged new owner but that’s a discussion for another time

[Whitley mag]

The consortium is one major player missing currently. Unfortunately it’s the one with 80% of the money. They withdrew because of a change in their investment strategy.  Zero real evidence of this having changed after their original withdrawal last year.

 

Not even the fact Caulkin confirmed they believed they were days away from approval after political intervention. This came after their original withdrawal and the money was deposited in an account waiting to be transferred.

 

Think that’s pretty strong evidence that their original withdrawal was tactical.

 

Caulkin is paid to make noise to sell clicks and print.  Just show me a PIF statement since their withdrawal statement that shows they still have an interest in buying the club.  Do that and I’m with you all the way.

 

I really don’t think Caulkin has made that up. Very cynical and ignoring a lot of evidence to the contrary.

[RS]

“You don’t think”. There you go. If you (and manorpark ) used ‘think’ as part of your positive takeover predilection then it would add an element of reality to your posts.

 

No one can provide a statement directly from PIF. it’s all guesswork. We’d nearly all like to think this would go through. It’s probably the only thing that can save our club from the monotonous modus operandi we are currently suffering.

[Nobody]

Obviously Ashley is a proven liar, but the club statement last week confirmed that they are still working on that deal.

[Thumbheed]

Obviously Ashley is a proven liar, but the club statement last week confirmed that they are still working on that deal.

 

How is this even up for debate?

[buzz]

Either way it just makes no sense to me. Why would the buyers not insist the manager be replaced?

[Stifler]

I do believe pif hold an interest still. I don’t believe that they’ll be just as happy to buy us as a championship club tho. I’ve said for a while now that staying up is a must and looks like that hope is ebbing away. If they buy us in the championship that credit to them.

 

People need to start bracing themselves for being in the same division as the Mackems and them having the wealthy engaged new owner but that’s a discussion for another time

Yeah I don’t think relegation would automatically rule us out of being bought, but it would mean compromises. Be that Ashley having to accept a lower offer (which we all have doubts on), or him only receiving say £200m and then the remainder once we are promoted.

 

If they wanted to build us up gradually with reasonable singings, then they may think they could still get the majority of those players to play for us in the Championship for a season under new owners and the promise that the club is going somewhere.

If they were after Mbappe type deals then I think it maybe more unlikely that they would buy us because they would be left with buying a squad to get us out of the Championship, and then another to elevate us again.

[Wallsendmag]

Either way it just makes no sense to me. Why would the buyers not insist the manager be replaced?

 

That's my line of thinking as well. Surely if the deal was close to being done or even if they were just very confident of it getting done, the buyers would be doing all they can to protect their future investment. To me that would mean them telling Ashley to chuck Bruce out and to add his compensation package onto the price at the end.

[gdm]

Either way it just makes no sense to me. Why would the buyers not insist the manager be replaced?

 

That's my line of thinking as well. Surely if the deal was close to being done or even if they were just very confident of it getting done, the buyers would be doing all they can to protect their future investment. To me that would mean them telling Ashley to chuck Bruce out and to add his compensation package onto the price at the end.

 

And if they lose the arbitration case? As much as we all want it you can’t have people that don’t own the club making decisions. Ashley should have enough sense of his own to protect his investment. Unfortunately he’s thick as mince

[Thumbheed]

Either way it just makes no sense to me. Why would the buyers not insist the manager be replaced?

 

That's my line of thinking as well. Surely if the deal was close to being done or even if they were just very confident of it getting done, the buyers would be doing all they can to protect their future investment. To me that would mean them telling Ashley to chuck Bruce out and to add his compensation package onto the price at the end.

 

More than likely a legal and ethical minefield. They dont own the club after all.

[Whitley mag]

“You don’t think”. There you go. If you (and manorpark ) used ‘think’ as part of your positive takeover predilection then it would add an element of reality to your posts.

 

No one can provide a statement directly from PIF. it’s all guesswork. We’d nearly all like to think this would go through. It’s probably the only thing that can save our club from the monotonous modus operandi we are currently suffering.

 

Deary me, I’m so glad I don’t need need you’re level of verification to come to a conclusion on clear evidence. You’d struggle in any job which included making a decision on the balance of probabilities that’s for sure.

[Kanj]

Whitley mag[/member] are you saying that the full 300m is sitting in escrow right now? it's a lot different to say the deposit is still in escrow; which would be standard in any type of transaction.

[Yorkie]

If we got relegated, any ambitious investor would see us as a potential bargain. It's only through abhorrent mismanagement that we'd be in a position which contradicted our legitimate standing: without the cancerous, self-destructive management, NUFC is very much a sub-elite Premier League club - with all of the associated infrastructure, assets, fanbase, position in the regional hierarchy, and financial muscle. Only if we stayed out of the top league for an extended period and began forcibly downsizing/decaying could we lose the 'PL club in all but name' moniker we'd inevitably adopt. The point is: I can't see the likes of - certainly Staveley - being put-off, and probably not the Saudis either, given their interest is broader than just football and would represent a long-term investment in any case.

 

However, the trouble is, Mike Ashley is never going to sell at a bargain price. I feel relegation would mean the end of any takeover until such a time that we get promoted or it became an asset he didn't have the wealth or interest to sustain, to the extent that he'd accept a reasonable price from a chancer line Donald. It's safe to assume that, without a galvanising force like Hughton or a managerial behemoth like Rafa, the former of those outcomes is extremely unlikely. So I really believe that, right now, we're in a desperately precarious position. The next few weeks could define the next few years. Scary shit.

[Kanj]

If we got relegated, any ambitious investor would see us as a potential bargain. It's only through abhorrent mismanagement that we'd be in a position which contradicted our legitimate standing: without the cancerous, self-destructive management, NUFC is very much a sub-elite Premier League club - with all of the associated infrastructure, assets, fanbase and financial muscle. Only if we stayed out of the top league for an extended period and began forcibly downsizing/decaying could we lose the 'PL club in all but name' moniker we'd inevitably adopt. The point is: I can't see the likes of - certainly Staveley - being put-off, and probably not the Saudis either, given their interest is broader than just football and would represent a long-term investment in any case.

 

However, the trouble is, Mike Ashley is never going to sell at a bargain price. I feel relegation would mean the end of any takeover until such a time that we get promoted or it became an asset he didn't have the wealth or interest to sustain, to the extent that he'd accept a reasonable price from a chancer line Donald.

 

Basically agree with everything you have said, apart from the final paragraph. History sides with you, 100% - but haven't a clue how his mindset will be after this cost and fatigue of this current challenge for the PIF sale. I do wonder given he seems desperate to see it through with this buyer, that if, he does win the case in their favor and is able to sell to them - he will be open to structuring any type of deal that would include 1) sell at reduced price 2) additional payment if promoted or something. Again, history says why think this Kanji? The difference is this time, he's literally finger tips away from being tight with a sovereign wealth fund that is a complete gamechanger for his retail ambitions.

[UncleBingo]

If we got relegated, any ambitious investor would see us as a potential bargain. It's only through abhorrent mismanagement that we'd be in a position which contradicted our legitimate standing: without the cancerous, self-destructive management, NUFC is very much a sub-elite Premier League club - with all of the associated infrastructure, assets, fanbase, position in the regional hierarchy, and financial muscle. Only if we stayed out of the top league for an extended period and began forcibly downsizing/decaying could we lose the 'PL club in all but name' moniker we'd inevitably adopt. The point is: I can't see the likes of - certainly Staveley - being put-off, and probably not the Saudis either, given their interest is broader than just football and would represent a long-term investment in any case.

 

However, the trouble is, Mike Ashley is never going to sell at a bargain price. I feel relegation would mean the end of any takeover until such a time that we get promoted or it became an asset he didn't have the wealth or interest to sustain, to the extent that he'd accept a reasonable price from a chancer line Donald. It's safe to assume that, without a galvanising force like Hughton or a managerial behemoth like Rafa, the former of those outcomes is extremely unlikely. So I really believe that, right now, we're in a desperately precarious position. The next few weeks could define the next few years. Scary shit.

 

I honestly think Ashley would take £250M now with another £100M once we get promoted. He knows he won't get anything like that if he has to sell to a new buyer, that's why he's all in with the Saudis.