Guest Toon83 Posted May 23, 2007 Share Posted May 23, 2007 Billionaire businessman Mike Ashley's St James Holdings Limited have announced the acquisition of approximately 41.6 per cent of Newcastle United. The group paid more than £55 million from Sir John Hall's family. haven't they tried to buy us out before? Link to post Share on other sites More sharing options...
Alberto2005 Posted May 23, 2007 Share Posted May 23, 2007 Who said FM wasn't realistic? Link to post Share on other sites More sharing options...
Guest Invicta_Toon Posted May 23, 2007 Share Posted May 23, 2007 Read the link on the OP This is a formal offer to buy the whole club for £1 a share = £130 million Link to post Share on other sites More sharing options...
Guest Echo Posted May 23, 2007 Share Posted May 23, 2007 Wonder if Big Sam's wondering about Freddy's promised long term support? Link to post Share on other sites More sharing options...
Guest toonbaz Posted May 23, 2007 Share Posted May 23, 2007 taken from nufc.com Billionaire businessman Mike Ashley today bought a 41.6% holding in Newcastle to launch a takeover bid. St James’ Holdings Limited, a company set up specifically to buy shares in the club, has acquired 55,342,223 shares at 100p each from Wynyard (Guernsey) Limited, Cameron Hall Developments Limited and Cameron Hall Developments Limited Executive Pension Scheme, the holdings of Sir John Hall and his family. British stock exchange rules mean that the company now has to make a cash offer for the remaining shares, around 29.8% of which belong to chairman Freddy Shepherd Link to post Share on other sites More sharing options...
Wullie Posted May 23, 2007 Share Posted May 23, 2007 http://www.telegraph.co.uk/money/graphics/2006/12/16/cnsports16.jpg He's the fella on the right. Link to post Share on other sites More sharing options...
Slim Posted May 23, 2007 Share Posted May 23, 2007 So does this mean he will be investing aka chealski? Link to post Share on other sites More sharing options...
shido Posted May 23, 2007 Share Posted May 23, 2007 http://www.telegraph.co.uk/money/graphics/2006/12/16/cnsports16.jpg He's the fella on the right. The fat one! Yaaay! Link to post Share on other sites More sharing options...
colinmk Posted May 23, 2007 Share Posted May 23, 2007 Fucking hell who would of thought the close season would of turned out this good? Big Sam behind the wheel and now the fat one about to get the boot up his arse he deserved. Quality. Link to post Share on other sites More sharing options...
Guest Toon83 Posted May 23, 2007 Share Posted May 23, 2007 Hopefully this is done quickly and Freddie doesnt try to drag it out as it will disrupt Allardyce's transfer plans, because he will not know how much money he is going to have Link to post Share on other sites More sharing options...
Guest Echo Posted May 23, 2007 Share Posted May 23, 2007 http://www.telegraph.co.uk/money/graphics/2006/12/16/cnsports16.jpg He's the fella on the right. Looks a bit cuddly for a billionaire Link to post Share on other sites More sharing options...
Guest Invicta_Toon Posted May 23, 2007 Share Posted May 23, 2007 In accordance with the provisions of Rule 9 of the City Code, SJHL also announces the terms of a cash offer to be made for all of the issued and to be issued share capital of Newcastle United which is not already owned by SJHL. SJHL intends to seek a recommendation of the Offer from the board of Newcastle United. • The Offer will, when formally made, be conditional only upon the receipt of acceptances in respect of Newcastle United Shares which, together with the Newcastle United Shares acquired or agreed to be acquired before or during the Offer, will result in SJHL holding Newcastle United Shares carrying more than 50 per cent. of the voting rights in Newcastle United. • The Offer will be 100 pence in cash for each Newcastle United Share, valuing the entire issued share capital of Newcastle United at £133.1 million • The Offer represents: o a premium of approximately 19 per cent. to the Closing Price of 84 pence for each Newcastle United Share on 22 May 2007; and o a premium of approximately 50 per cent. to the average Closing Price of 66.9 pence for each Newcastle United Share in the three month period up to and including 22 May 2007, Link to post Share on other sites More sharing options...
sempuki Posted May 23, 2007 Share Posted May 23, 2007 http://www.telegraph.co.uk/money/graphics/2006/12/16/cnsports16.jpg He's the fella on the right. He looks like he's partial to the odd pie himself! Link to post Share on other sites More sharing options...
Giselle Posted May 23, 2007 Share Posted May 23, 2007 So he has 41.6% now and is making a cash offer for the rest. There's a couple of thresholds that he'll be aiming for, the first being 50% as that'll make sure he's able to do whatever the fuck he wants. The second threshold is 70 something % (iirc) which is the point at which he can take the club off of the stock market, and the last threshold is 90 something % which is the point where everyone else is forced to sell up. If Freddy decides not to sell, then this new bloke will only be able to acquire a maximum of 70.1%, which is still good enough as come the next AGM, he can simply 'vote' himself in and anybody he doens't want out. Link to post Share on other sites More sharing options...
shido Posted May 23, 2007 Share Posted May 23, 2007 The guy on the left is the aged love child of simon pegg and sir alan sugar. Link to post Share on other sites More sharing options...
Slugsy Posted May 23, 2007 Share Posted May 23, 2007 Very private guy as well, has been making a load of cash for years and keeps mainly out of the press - not a Freddie type at all in that respect. Link to post Share on other sites More sharing options...
Guest TheOrder Posted May 23, 2007 Share Posted May 23, 2007 This is great news. Link to post Share on other sites More sharing options...
Tom_NUFC Posted May 23, 2007 Share Posted May 23, 2007 please please please kick Freddy out! Link to post Share on other sites More sharing options...
Guest DavB93 Posted May 23, 2007 Share Posted May 23, 2007 Do you think Freddy will be out? Link to post Share on other sites More sharing options...
Wullie Posted May 23, 2007 Share Posted May 23, 2007 http://www.telegraph.co.uk/money/graphics/2006/12/16/cnsports16.jpg He's the fella on the right. The one in the glasses? No, the fella on the right. Link to post Share on other sites More sharing options...
jong24 Posted May 23, 2007 Share Posted May 23, 2007 So he has 41.6% now and is making a cash offer for the rest. There's a couple of thresholds that he'll be aiming for, the first being 50% as that'll make sure he's able to do whatever the f*** he wants. The second threshold is 70 something % (iirc) which is the point at which he can take the club off of the stock market, and the last threshold is 90 something % which is the point where everyone else is forced to sell up. If Freddy decides not to sell, then this new bloke will only be able to acquire a maximum of 70.1%. You're a "glass is half empty" type of guy aren't you? Link to post Share on other sites More sharing options...
Guest Sam04je Posted May 23, 2007 Share Posted May 23, 2007 http://www.telegraph.co.uk/money/graphics/2006/12/16/cnsports16.jpg He's the fella on the right. He looks like he's partial to the odd pie himself! Him and Freddy are going to get on well then.. Link to post Share on other sites More sharing options...
Guest Echo Posted May 23, 2007 Share Posted May 23, 2007 So he has 41.6% now and is making a cash offer for the rest. There's a couple of thresholds that he'll be aiming for, the first being 50% as that'll make sure he's able to do whatever the f*** he wants. The second threshold is 70 something % (iirc) which is the point at which he can take the club off of the stock market, and the last threshold is 90 something % which is the point where everyone else is forced to sell up. If Freddy decides not to sell, then this new bloke will only be able to acquire a maximum of 70.1%, which is still good enough as come the next AGM, he can simply 'vote' himself in and anybody he doens't want out. interesting post Link to post Share on other sites More sharing options...
Wullie Posted May 23, 2007 Share Posted May 23, 2007 Freddy would have to be mad not to take this offer too, it's way over the odds for each share. This bloke is fucking serious. Link to post Share on other sites More sharing options...
Martin Lol Posted May 23, 2007 Share Posted May 23, 2007 A little more info: He's thick with Levy, Lewis and Kemsley leading to rumours that he would do a buy out at Spurs, although he'd never given any indication that he would. Genuine football man so, in many ways, a better person to buy a club than an Abramovich. He gets a mention here: http://business.timesonline.co.uk/tol/business/industry_sectors/media/article745385.ece Link to post Share on other sites More sharing options...
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