Guest Brazilianbob Posted May 25, 2007 Share Posted May 25, 2007 I think that once Ashley gets a majority and is obliged to make an offer for the rest of the shares, the company will have to suspend trading, meaning we won't be able to buy any players until the takeover is finalised. With Ashley saying he wants to be in full control by the start of the season we may be in a position where we cannot buy any of our targets at all this summer, especially if FF tries to fight the takeover. Am I right or am I wrong? Link to post Share on other sites More sharing options...
Guest Gemmill Posted May 25, 2007 Share Posted May 25, 2007 I can definitely see this whole thing causing some disruption. It's pretty disappointing considering we all thought we had finally got a manager in at the right time, but at the same time, it's probably worth it in the long term. Let's just hope Allardyce doesn't jack it in if he feels his work is being undermined. Link to post Share on other sites More sharing options...
Crumpy Gunt Posted May 25, 2007 Share Posted May 25, 2007 We'll be lining up with a 2-6-2 formation if he doesn't buy anyone. Nobby and Taylor at centre half, pack the middle and Owen/shola and Oba up top. Link to post Share on other sites More sharing options...
Tisd09 Posted May 25, 2007 Share Posted May 25, 2007 It will causes disruption but surely its almost impossible to go into the new season without making any signings. We had a small squad anyway and let people go, plus there is a strong chance Owen will be off so we would be stuffed. But the long term picture is most important. Link to post Share on other sites More sharing options...
Cronky Posted May 25, 2007 Share Posted May 25, 2007 I can't see how 'suspend trading' would mean that we couldn't conduct transfers. That's just the normal business of the company. The equivelent would be an Oil company in the middle of a takeover having to shut down its petrol stations and not do any selling. Link to post Share on other sites More sharing options...
Guest elbee909 Posted May 25, 2007 Share Posted May 25, 2007 Pre-contract agreements? Link to post Share on other sites More sharing options...
Montey Posted May 25, 2007 Share Posted May 25, 2007 There is absolutely no reason why the change in ownership has to interrupt recruitment. One needs to keep in mind that business operations are only affected by business ownership if the new owners decide they want to review hiring practices. But given Ashley has stated he is happy with Sam's plans it can be assumed his hiring plans are included in that. Sam will have rung Ashley by now and asked him what his plans are, or at least whether Sam needs to alter his plans. Ashley will most likely have him to continue business as usual. Link to post Share on other sites More sharing options...
Guest Gemmill Posted May 25, 2007 Share Posted May 25, 2007 Sam will have rung Ashley by now and asked him what his plans are, or at least whether Sam needs to alter his plans. Ashley will most likely have him to continue business as usual. I doubt Allardyce has initiated any contact with Ashley. As far as he is concerned, Freddy Shepherd is his chairman, and the man who holds the purse strings, and until he's told otherwise he'll stick to dealing with Shepherd. Whether Ashley has contacted Allardyce is anyone's guess, but I would think that unlikely too, as it's only likely to piss Shepherd off more. Link to post Share on other sites More sharing options...
ToonTastic Posted May 25, 2007 Share Posted May 25, 2007 He's paying with cash so it doesn't take long for the takeover to go through hence how he bought SJH shares. Link to post Share on other sites More sharing options...
Montey Posted May 25, 2007 Share Posted May 25, 2007 Sam will have rung Ashley by now and asked him what his plans are, or at least whether Sam needs to alter his plans. Ashley will most likely have him to continue business as usual. I doubt Allardyce has initiated any contact with Ashley. As far as he is concerned, Freddy Shepherd is his chairman, and the man who holds the purse strings, and until he's told otherwise he'll stick to dealing with Shepherd. Whether Ashley has contacted Allardyce is anyone's guess, but I would think that unlikely too, as it's only likely to piss Shepherd off more. There certainly wont have been any communication that anyone will admit to. But you don't get to Sam's position without knowing how to run a few below the radar conversations. I am in no doubt that as soon as Sam heard he will have been searching for Ashley's mobile phone number. Link to post Share on other sites More sharing options...
Guest Gemmill Posted May 25, 2007 Share Posted May 25, 2007 We'll have to agree to disagree then as I just don't see that happening. Link to post Share on other sites More sharing options...
Guest DavB93 Posted May 25, 2007 Share Posted May 25, 2007 Don't think it will hinder our signings much...watch this space. Link to post Share on other sites More sharing options...
Raconteur Posted May 25, 2007 Share Posted May 25, 2007 I think it will certainly effect some of our transfer targets in the short term - for instance I think any hope of signing Mark Viduka has disappeared because clubs will be clamouring for his signature and we won't be at the party. Another one might be Leighton Baines - if the chase for his signature starts in the next week or so we might be left behind on that one too. I think with Freddy still the incumbent chairman we are relying on his sense of honour to keep promises to Big Sam about transfer budgets - after all, the money does not come from the pockets of the chairman or Mike Ashley but either cash the club has, or financing arranged by the board (who may very well be reluctant to seek such financing when the shareholders are in such a state of flux...) Unless of course Mike Ashley opens his wallet directly to Big Sam, which at this point in time, most unlikely Link to post Share on other sites More sharing options...
Munkey Posted May 25, 2007 Share Posted May 25, 2007 i can't see it hindering any signings (unless they're for a really large transfer fee). i could see that it would delay them for a bit as players would be unsure of signing into a club that's in a transition period. Link to post Share on other sites More sharing options...
LoveItIfWeBeatU Posted May 25, 2007 Share Posted May 25, 2007 I think with Freddy still the incumbent chairman we are relying on his sense of honour to keep promises to Big Sam about transfer budgets - after all, the money does not come from the pockets of the chairman or Mike Ashley but either cash the club has, or financing arranged by the board (who may very well be reluctant to seek such financing when the shareholders are in such a state of flux...) Shepherd does the negotiating for new players. Will he be interested in doing that when he knows he is fighting a losing battle and isn't going to be chairman soon? Spending the PLC's money on players shouldn't affect Shepherd's share values so there is no reason not to keep working on transfers. He may just spit the dummy though because he knows he isn't going to be chairman (so much for always having the best interests of NUFC in mind). Typical Shepherd, says he'll move aside if a 'Geordie Abramovich' came along. 'Geordie' being the operative word. He probably checked the Sunday Times Rich List to check that their wasn't a billionaire Geordie before he came out with that one. Link to post Share on other sites More sharing options...
madras Posted May 25, 2007 Share Posted May 25, 2007 I think that once Ashley gets a majority and is obliged to make an offer for the rest of the shares, the company will have to suspend trading, meaning we won't be able to buy any players until the takeover is finalised. With Ashley saying he wants to be in full control by the start of the season we may be in a position where we cannot buy any of our targets at all this summer, especially if FF tries to fight the takeover. Am I right or am I wrong? he's already in the position of having to offer to buy the rest of the shares. "trading suspended" means the trading in shares,not as a company. Link to post Share on other sites More sharing options...
HongKongMag Posted May 25, 2007 Share Posted May 25, 2007 Yeah, "trading suspended" only applys to the trading of shares on the stock-exchange. It's a rule to stop companys trading when their share price becomes or is likely to become excessively volatile due to uncertainty.. which is nothing new for NUFC. It doesn't stop the day-to-day running of the club and how we spend our cash though. However with the ownership of the club up for grabs it may make the situation somewhat harder. Link to post Share on other sites More sharing options...
KaKa Posted May 25, 2007 Share Posted May 25, 2007 Don't think it will hinder our signings much...watch this space. Is you ITK matey? Link to post Share on other sites More sharing options...
Guest Gemmill Posted May 25, 2007 Share Posted May 25, 2007 Even if he is, everything's so up in the air that nobody can be "in the know" on this one. Link to post Share on other sites More sharing options...
Guest DavB93 Posted May 25, 2007 Share Posted May 25, 2007 Don't think it will hinder our signings much...watch this space. Is you ITK matey? Not really ITK as of such should we say but do have to agree with Gemmill and that nobody could of antisipated this and alot of plans maybe on the back burner. Just hope it gets sorted sooner rather than later. Link to post Share on other sites More sharing options...
Parky Posted May 25, 2007 Share Posted May 25, 2007 Don't think it will hinder our signings much...watch this space. Is you ITK matey? Not really ITK as of such should we say but do have to agree with Gemmill and that nobody could of antisipated this and alot of plans maybe on the back burner. Just hope it gets sorted sooner rather than later. Sam will insist he is allowed to push ahead I'm sure. I have no worries on this score. The money after all BELONGS TO THE CLUB and not FS or A. Even if a transitional board is running things with non-executive directors which can happen to protect 'the company' in these situations. Link to post Share on other sites More sharing options...
Guest DavB93 Posted May 25, 2007 Share Posted May 25, 2007 Don't think it will hinder our signings much...watch this space. Is you ITK matey? Not really ITK as of such should we say but do have to agree with Gemmill and that nobody could of antisipated this and alot of plans maybe on the back burner. Just hope it gets sorted sooner rather than later. Sam will insist he is allowed to push ahead I'm sure. I have no worries on this score. The money after all BELONGS TO THE CLUB and not FS or A. Even if a transitional board is running things with non-executive directors which can happen to protect 'the company' in these situations. Was it not indicated when Sam signed he'd have around 20m-30m to spend anyhow before the takeover. Link to post Share on other sites More sharing options...
Parky Posted May 25, 2007 Share Posted May 25, 2007 Don't think it will hinder our signings much...watch this space. Is you ITK matey? Not really ITK as of such should we say but do have to agree with Gemmill and that nobody could of antisipated this and alot of plans maybe on the back burner. Just hope it gets sorted sooner rather than later. Sam will insist he is allowed to push ahead I'm sure. I have no worries on this score. The money after all BELONGS TO THE CLUB and not FS or A. Even if a transitional board is running things with non-executive directors which can happen to protect 'the company' in these situations. Was it not indicated when Sam signed he'd have around 20m-30m to spend anyhow before the takeover. Yes. Link to post Share on other sites More sharing options...
LoveItIfWeBeatU Posted May 25, 2007 Share Posted May 25, 2007 Sam will insist he is allowed to push ahead I'm sure. I have no worries on this score. The money after all BELONGS TO THE CLUB and not FS or A. Even if a transitional board is running things with non-executive directors which can happen to protect 'the company' in these situations. Yes but Shepherd does the negotiating for new players. Will he be interested in doing that when he knows that he's on his way out. He says he has the best interests of NUFC at heart but do we believe him? He also came out with that rubbish about Hall trying to sell his shares earlier in the year was stopping the club buy players. Anyway, he's also in hospital at the moment so that will slow things down too. Link to post Share on other sites More sharing options...
Guest DavB93 Posted May 25, 2007 Share Posted May 25, 2007 Sure we can sign players without Shepherd been there... Link to post Share on other sites More sharing options...
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