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Stock market, take two?

Discussion in 'Newcastle United' started by Keith Fit, Feb 17, 2014.

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  1. Keith Fit

    Keith Fit Well-Known Member

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    Trying to second guess Mike Ashley is a foolish pastime, but has anyone considered that the club is perhaps not for sale as such and could instead be re-listed on the stock exchange?

    Once Ashley pockets in the shadiest way possible the remaining £18m, there is a publicised, documented loan of around £110m owed to MASH Holdings, plus the value of the club itself. It would be the best way of pocketing your own personal interest/profits whilst actually ensuring the club gets money to spend that would't come from his own coffers.

    My understanding of the situation isn't wide-ranging, can anyone offer their opinion or knowledge??
     
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  2. Blacker-than-Knight

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    I don't understand your comment about Ashley having to be shady in any way, he loaned the money to the club and is therefore entiled to get it back, unlike Man Utd and other clubs the money has not been loaned by a financial institute which would have encured interest charges ramping up the debt, Ashley's loans to the club were interest free. Take a look at Man Utd, they have a real debt mountain and are wasting signifcant amounts of money just paying the interest charges ramped up by the Glazers debt laden buy out, as for relisting the club on the stock exchange I for one think that is heading back into trouble, we were at the time of Ashley's buy out heading for real financial meltdown thanks to FFS's stewardship of the club.
     
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  3. Agent Bruce

    Agent Bruce Well-Known Member

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    That's one thing we should really be grateful to MA for. Fat Fred would have taken us for everything, including the kitchen sink.
     
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