OzzieMandias Posted November 16, 2006 Share Posted November 16, 2006 Some people might buy shares simply on the assumption that a buy-out is in the offing and that this will raise the share price. Link to post Share on other sites More sharing options...
Howaythelads Posted November 16, 2006 Share Posted November 16, 2006 So how does this group or any other group guarantee success on the pitch to increase their return from buying the club? Just curious. Link to post Share on other sites More sharing options...
Dogmatix Posted November 16, 2006 Share Posted November 16, 2006 So how does this group or any other group guarantee success on the pitch to increase their return from buying the club? Just curious. You and I both know that the only things guaranteed in this life are death and taxes. If you are happy with what is happening up at SJP the there is nothing I can write that will change your mind. For me though any group, like a hedge fund ,that came in and had to show a profit, instead of lining it's own pockets would be benefical to the club.Unless I've got it completely wrong. If you know better I'll accept you view. Our major assets are on the pitch.-Win there ,win games ,win cups ,win leagues, get into europe- money follows ,merchandise,tv deals etc.I know thats very simplistic, but that's generally it ,isn,t it. And if they are ploughing in millions for people who can jump all over you if you screw up ,they are 'probably ' going to put the right people in the right jobs(a bit like abramovic).Unlike a guy who ploughs millions of pound of fans money in ,looks after his family and mates and answers to no one Just my theory Link to post Share on other sites More sharing options...
Jaehyun Posted November 16, 2006 Share Posted November 16, 2006 I wouldn't mind newcastle being in the mid-bot table for a couple of years, even if we lose the likes of Duff and so on, to quietly build up our club with a new good manager for a few years then attack the top 6 again, for this to happen I believe we need belgravia or another company to take over, shepherd is going to go for the instant fix straight into europe.(meaning not signing players like sol campbell on a free but offering 8.5 mil to players like boumsong.) Link to post Share on other sites More sharing options...
Mick Posted November 16, 2006 Share Posted November 16, 2006 From the Takeover Panel 16 November 2006 THE TAKEOVER PANEL - DISCLOSURE TABLE 16 November 2006 The following are today's changes to the Disclosure Table: ADDITIONS OFFEREE: Newcastle United Plc 5p ordinary ISIN: GB0006572795 NSI:133,107,121 OFFEROR: Belgravia Group Rule 2.10 information not available Link to post Share on other sites More sharing options...
Toon Amy Posted November 16, 2006 Share Posted November 16, 2006 From the Takeover Panel 16 November 2006 THE TAKEOVER PANEL - DISCLOSURE TABLE 16 November 2006 The following are today's changes to the Disclosure Table: ADDITIONS OFFEREE: Newcastle United Plc 5p ordinary ISIN: GB0006572795 NSI:133,107,121 OFFEROR: Belgravia Group Rule 2.10 information not available Any idea what it means? Have they put another bid in? Link to post Share on other sites More sharing options...
Optimistic Nut Posted November 16, 2006 Share Posted November 16, 2006 I'm hazarding a guess that they're offering 5p for every share. Can't see many selling at that price. Link to post Share on other sites More sharing options...
thomas Posted November 16, 2006 Share Posted November 16, 2006 Any idea what it means? Have they put another bid in? It just seems to imply that an Offer period has begin, as per NUFCs complicance with the takeover code 2.10 [link] : When an offer period begins, the offeree company must announce, as soon as possible and in any case by 9.00 am on the next business day, details of all classes of relevant securities issued by the company, together with the numbers of such securities in issue. An offeror or potential named offeror must also announce the same details relating to its relevant securities by 9.00 am on the business day following any announcement identifying it as an offeror or potential offeror, unless it has stated that its offer is likely to be solely in cash. The 5p is not a bid from Belgravia. Link to post Share on other sites More sharing options...
Kitman Posted November 16, 2006 Share Posted November 16, 2006 I'm hazarding a guess that they're offering 5p for every share. Can't see many selling at that price. Nah, I think that's just saying there are 133m 5p shares in issue. It's probably just registering the fact that Belgravia are in negotiations with the shareholders, which we already know. There's a huge amount of pointless paperwork that goes with being listed on the stock exchange Link to post Share on other sites More sharing options...
Colos Short and Curlies Posted November 16, 2006 Share Posted November 16, 2006 I'm hazarding a guess that they're offering 5p for every share. Can't see many selling at that price. Nah, I think that's just saying there are 133m 5p shares in issue. It's probably just registering the fact that Belgravia are in negotiations with the shareholders, which we already know. There's a huge amount of pointless paperwork that goes with being listed on the stock exchange Keeps me in a job. Link to post Share on other sites More sharing options...
Kitman Posted November 16, 2006 Share Posted November 16, 2006 I'm hazarding a guess that they're offering 5p for every share. Can't see many selling at that price. Nah, I think that's just saying there are 133m 5p shares in issue. It's probably just registering the fact that Belgravia are in negotiations with the shareholders, which we already know. There's a huge amount of pointless paperwork that goes with being listed on the stock exchange Keeps me in a job. Sarbanes-Oxley? Link to post Share on other sites More sharing options...
Colos Short and Curlies Posted November 16, 2006 Share Posted November 16, 2006 I'm hazarding a guess that they're offering 5p for every share. Can't see many selling at that price. Nah, I think that's just saying there are 133m 5p shares in issue. It's probably just registering the fact that Belgravia are in negotiations with the shareholders, which we already know. There's a huge amount of pointless paperwork that goes with being listed on the stock exchange Keeps me in a job. Sarbanes-Oxley? Take that back! Another thing to thank our Yank cousins for Link to post Share on other sites More sharing options...
Kitman Posted November 16, 2006 Share Posted November 16, 2006 I'm hazarding a guess that they're offering 5p for every share. Can't see many selling at that price. Nah, I think that's just saying there are 133m 5p shares in issue. It's probably just registering the fact that Belgravia are in negotiations with the shareholders, which we already know. There's a huge amount of pointless paperwork that goes with being listed on the stock exchange Keeps me in a job. Sarbanes-Oxley? Take that back! Another thing to thank our Yank cousins for Nice little earner for auditors though? Link to post Share on other sites More sharing options...
Colos Short and Curlies Posted November 16, 2006 Share Posted November 16, 2006 For audit partners aye, nice earner. For audit staff its a right royal pain in the backside. Especially when you don't get overtime so you do all the extra work, bring in the extra fees and see nothing for it. Bitter? Moi? Link to post Share on other sites More sharing options...
Kitman Posted November 16, 2006 Share Posted November 16, 2006 For audit partners aye, nice earner. For audit staff its a right royal pain in the backside. Especially when you don't get overtime so you do all the extra work, bring in the extra fees and see nothing for it. Bitter? Moi? I'm sure they'll remember your dedication at bonus time bluebiggrin.gif Link to post Share on other sites More sharing options...
Mick Posted November 16, 2006 Share Posted November 16, 2006 A bit more information, nothing new other than saying who sold the shares last week and how they made a quick profit on some shares bought the day before. Newcastle United PLC 16 November 2006 Newcastle United PLC (the "Company") 16 November 2006 Rule 8.3 - Newcastle United PLC On 7 November 2006, Fiske plc acquired on behalf of Carule Limited, the funds of which are managed on a discretionary basis by Richard Hubbard, 100,000 shares in the Company at a price of 68.25p. This took its total holding to 1,375,000, representing 1.033% of the shares in issue. On 8 November 2006, Fiske plc on behalf of Carule Limited sold 1,375,000 Newcastle United PLC shares at a price of 73p. Ends Link to post Share on other sites More sharing options...
Guest Robin Posted November 17, 2006 Share Posted November 17, 2006 Latest BBC Gossip quoting the Daily Express says: A massive £235m takeover is being lined up for Newcastle United, including a property deal worth £95m, from Jersey-based Belgravia Group. (Daily Express) What would be the property involved, bearing in mind the Club does not own the ground. Is this the asset stripping exercise? Link to post Share on other sites More sharing options...
Guest Brazilianbob Posted November 17, 2006 Share Posted November 17, 2006 Perhaps they are buying the ground from newcastle city council for £95m as part of the deal? Link to post Share on other sites More sharing options...
Crumpy Gunt Posted November 17, 2006 Share Posted November 17, 2006 Or that casino/hotel is ging to be built on the St James Metro car park Link to post Share on other sites More sharing options...
ToonTastic Posted November 17, 2006 Share Posted November 17, 2006 I decided to go and have a look. Source: Daily Express Newcastle United were last night braced for a £235million takeover approach that would sweep out the current owners and include a property deal worth some £95m. The Belgravia Group, based in Jersey but with addresses in London’s Mayfair and St Helier, were said to be ready to offer £140m to secure the club and its immediate future spending with the rest of the massive sum earmarked for buildings and businesses that would create up to 7,000 jobs. A source close to Belgravia told the Daily Express: “Belgravia have been interested in Newcastle United for some time but made their move last Friday. “It’s not at the stage where Newcastle have an offer to put to the Stock Exchange but the football club knows our thinking. “We are talking about £140m for the club but there is also money for two hotels and a casino, although the offer is not conditional on permission to open a casino.” Belgravia and Polygon, an interested hedge fund, have been encouraged by knowing former chairman Sir John Hall and his son Douglas are willing to sell their majority stake of 41 per cent. Chairman Freddy Shepherd, who owns close to 30 per cent, has been warding off bid speculation for six months and last night he was adamant that no bid had been made. “Everybody wants to buy this club and they talk the talk but can they walk the walk?” he said. “There is no such thing as an informal offer. If they have made an approach it will be to Sir John Hall, whose people do the talking. “If I had a proper offer to consider it would be put to all shareholders, large and small, and it has not happened.” When Belgravia first showed interest in August, the club’s shares were 61p. Last night they closed at 70p, valuing the company at £96.3m. And the value of those shares have virtually doubled during 2006. Shepherd is all too aware of the market value of the club but believes it would take a lot more than that to buy it – while insisting he does not want to do business. There would have to be a dividend, he argues, and any notional sale would be in the region of £150m-£160m. The head of the Belgravia Group is Duncan Hickman, who holds directorships with a number of public and private companies. He has a background of 20 years working for financial institutions primarily involved in offshore fund management. Hickman was a founding partner of the Liberty Ermitage Group where he played a key role in building a $2.5bn asset management group from start-up. Prior to that he ran the Jersey operation of Fidelity Investments and started the fund of funds business for PricewaterhouseCoopers in Jersey. I understand that other, un-named members of the Belgravia Group are driving the interest in Newcastle. And they are not doing it on behalf of wealthy, third-party clients. Belgravia are interested in running a major club themselves, a sign of the financial potential the sport now enjoys. Shepherd could be forgiven for taking a fresh view on a takeover having had to bear the brunt of fans’ anger this season after a string of poor results in the Premiership. New boss Glenn Roeder has delivered another season of European football – and results in the UEFA Cup have been good. But the domestic slump has put the manager’s job on the line. Yet, for the first time in almost a generation, the fans have chosen not to blame the manager but have turned the heat on the chairman. They trained their sights on Shepherd after Newcastle lost at home to Sheffield United this season – prompting him to call for the players to accept their share of blame and insisting there was no “Geordie Abramovich”. Yet, if push came to shove, it is debatable whether fans, who see the club at the heart of their ‘Geordie Nation’, would want St James’ to fall into the hands of relatively unknown businessmen. Shepherd has had to take time out to care for his ill wife in recent weeks. But, publicly at least, his resolve to stay at the helm of the club he loves remains strong. http://www.dailyexpress.co.uk/news_detail.html?sku=730 Link to post Share on other sites More sharing options...
Guest Bramble OG Posted November 17, 2006 Share Posted November 17, 2006 “Everybody wants to buy this club and they talk the talk but can they walk the walk?” Another classic FFS Quote!! You can just imagine what a cocky arsehole this bloke is to try and deal with!! Link to post Share on other sites More sharing options...
Howaythelads Posted November 17, 2006 Share Posted November 17, 2006 “Everybody wants to buy this club and they talk the talk but can they walk the walk?” Another classic FFS Quote!! You can just imagine what a cocky arsehole this bloke is to try and deal with!! What do you expect him to say, like? "The club is shit, nobody wants to buy and I'm desperate to sell. Here it is for a fiver". The club lost out when Souness effectively did that with players he didn't want. He's talking the club up, why should he do anything different? Doh! Link to post Share on other sites More sharing options...
Dinho lad Posted November 17, 2006 Share Posted November 17, 2006 What do you expect him to say, like? "The club is shit, nobody wants to buy and I'm desperate to sell. Here it is for a fiver". I love those kind of responses. Link to post Share on other sites More sharing options...
Skirge Posted November 17, 2006 Share Posted November 17, 2006 Fred will cling on for a while but I think if our season does look like it will end in relagation then Fred will have to time it right if he does decide to sell, if w e go down the price will drop a canny bit, but I think its what would change Freds mind. Link to post Share on other sites More sharing options...
Guest teepee Posted November 17, 2006 Share Posted November 17, 2006 i cannot really make up my mind whether or not i want the deal to go through.... but is suppose that it'll be the only way to get rid of the fat one. but is suppose that it wont be a bad thing, if what they really want is to run a proper business. As we don't own st james or have players like kaka and ronaldinho on our books, it doesn't look like a quick buck for them - and that may be a good sign. so, if they are to make a bid, i'd like it sooner rather than later! Link to post Share on other sites More sharing options...
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