The most bile-inducing point of all of this is as follows: it is in absolutely ****ing nobodies interest to have the Toon sliding into oblivion, not even the fat **** in charge. Whether PCP have finalised things or whether there is still negotiating going on, it is unconscionable that this **** has been dragging on this long. We were ****ing 6th when this began. We'd just beaten Palace, then fatty says "I'm selling" and someone claims Staveley is buying. Since then we've P9 W0 D1 L8. Surely to ****ing Christ both the seller and buyer realise this is not ****ing helping anybody and should sort this **** out before its' too late? **** your terms, if PCP are serious just end this **** and buy the club. Ashley, you want out, what difference £20m when you're actually worth well over £1bn. Fact is the loans are ****ing irrelevant; he bought this club for £134m and should be snapping an arm off for £200m given the ****ty goddam state he's left it in. Not that any of these twats are reading this, but for ****s sake sort it out.
Well said. The apparent 'brinksmanship' at play is making both sides look like twats. At some point one of them has to blink and sign onto terms that don't quite suit. Its the nature of a deal that one side will always get slightly more or less than they wanted or wanted to give. Ashley has the most to potentially loose here but yet again it appears that he cant get this into his thick head................. it really does baffle me how he became so successful!! If we are in terminal trouble before the deal is sorted Staveley can just walk away having blown no more than the price of a curry and a few thousand on lawyers fees. Ashley will have an 'asset' that's value has halved and which will need yet another significant injection of cash to recover, with no guarantees given.
The debts aren't irrelevant. He's put in another £144m on top of the price he paid for the club so he's going to want that back. If the club is not sold I think he'll make sure there is money available for some transfers because his arse will fall out over the thought of another relegation and the damage it would do to the price of the club. The club has to be in the Premier League for him to sell it for anything near what he wants. He did it with the French influx we got a few years back and again with the £80m McLaren got to burn after we nearly got relegated the season before. The club might have £30m in the coffers anyway, then sell Mitro for £10m and Rafa's got £40m to work with. Basically, I can't see us not strengthening in Jan no matter what happens.
He is in a really tricky position now. He wants to sell, he wants the best price he can get, but its whether he wants to gamble on holding out. For me the safe bet would be to sell now for less than he wants and with a relegation clause in there that reduces price. Risky bet is holding out, having to invest in Jan and then pray we stay up. I would suspect after his experience in 2015-16 he would opt for the former. However we know he is a gambler. If I was Stavely I would tell him that if the deal isnt done by end of Dec then its off. Course I am not party to the internal discussions that Albert is.
It’s totally linked that since the takeover talks started we have gone to ****. But it does not surprise me. This is nufc. What I do not understand is why it is actually taking so long. It’s middle of October since it all started and we are now middle of December. Ashley really is a proper top **** isn’t he! We all know he does not give a **** about the club and only money. But he is in serious danger losing easily 100 million if he is not gone by the end of January. If the takeover collapses he is going to have to fork out 50 million plus to potentially save us from Being relegated and that’s with the **** storm he and the players might get from the fans after the news of the collapse. The fans will never forgive him for it and it will be unbearable at the games. Won’t be a good advertisement for new players coming in either. So in reality it HAS to go through by the end of December or we really are up **** creak.
Word of warning around all of this takeover stuff: With City, it's the uber-rich Royal family. With Chelsea, it's Abramovic's personal pet and with his level of fortune and links to Russian money they can spend. With Liverpool and Man U it's about American money. Now the thing they all have in common is none of these clubs are in it as an investment opportunity, they're all in it for the prestige of the thing. Correct me if I'm wrong, but an investment company is investing, i.e. wanting something back out. We as a club have no profits to give back. We could make more money, but if we were making more than we are it would all need to be put back into the team! We already have access to all of our profits, which gives us the likes of Joselu. The "hope" is that its tied somehow to Saudi wealth and they just want a football club to show off their wealth against Qatar (PSG) and UAE (Man City).
Just thinking. If we do get taken over. How do the owners get investment into the club with financial fair play. Can the owners just pump in as much money as they like? Or does it have to be a commercial transaction on both sides. Isn’t there something that stops clubs spending more than a certain percentage of turnover on wages etc.
anything is better than where we are now man . up and down like a yo yo . clubs like that , do not get 50 odd thousand each week ..ashley takes the piss and has this down to the bone now ...... promised so much and lied ..
Lets cross that bridge when we come to it. I seem to remember Man City’s penalty was a reduced squad size for Champions League. Think we could live with that!
Is this the agreement that was wrapped up at the end of November? Typical NUFC the deal is going backwards!!
I genuinely see this deal slipping away. There's not that much to talk about FFS. He wants X, she wants to pay Y. He knows his real number and so does she. Either agree it or don't. As for a relegation clause.......... its a smoke screen for me. Why would Ashley sell the club and then offer 'cash back' on something that he can no longer influence? And if the threat of relegation is such an issue for her, then why not just wait until the end of the season and see where we are? It seems to me that bot parties are getting some nice exposure here and the expense of NUFC. I just think that it both parties REALLY wanted to get the deal done, it would be done.
I maintain it's done. There's a lot of structure here. It's not like saying "here, let me write you a cheque, and if the club stays up I'll write my guarantee for the rest on this *** packet." There's all the structure of the payments - Ashley always said he would be happy breaking it down - where the investment is coming from, how its' fronted, how its' back ended, timelines - legally - on payment terms and relegation concessions or survival bonuses. None of this is done overnight; lawyers are ponderously slow and detailed, factor in the "inshala" culture of the Middle East (and their three day weekends) and its no surprise a £300m deal is taking a little while to finalise. There's a good few "itk's" who claim it's a done deal - don't worry about the red-tops or Jim Sh!te needing to bring it up. The lack of noise is very promising as it demonstrates a professionalism on the part of PCP rarely seen from Mr. Ashley. We all want the deal done, but let's only reach for the panic buttons if the signs aren't good in Jan.
