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NUFC Sale to Billionaire Arab.. most likely a load of old Ashley spun monkey crap

Discussion in 'Newcastle United' started by Albert's Chip Shop, May 26, 2019.

  1. Tasty Magpie

    Tasty Magpie Well-Known Member

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    Apparently MA is being advised by Dentons in relation to this sale. Pinsent Mason have had previous dealings with MA though as I think they advised him when he purchased NUFC.
     
    #1221
    Sheikh_of_Araby likes this.
  2. Albert's Chip Shop

    Albert's Chip Shop Top Grafter
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  3. Santaseyebrow

    Santaseyebrow Well-Known Member

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    What does that even mean
     
    #1223
  4. Sheikh_of_Araby

    Sheikh_of_Araby Well-Known Member

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    It means that Ashley is on the verge of doing one.
     
    #1224
  5. Santaseyebrow

    Santaseyebrow Well-Known Member

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    When
     
    #1225
  6. Sheikh_of_Araby

    Sheikh_of_Araby Well-Known Member

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    Soon
     
    #1226
  7. Santaseyebrow

    Santaseyebrow Well-Known Member

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    So were no further forward
     
    #1227
  8. Sheikh_of_Araby

    Sheikh_of_Araby Well-Known Member

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    A lot further forward. In 2007 when Ashley took over, St James Holdings was set up on the 21st....takeover completed on the 23rd.
     
    #1228
  9. Consett Mag

    Consett Mag Well-Known Member

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    Is the Sports Direct signage actually being removed from St James Park today?
     
    #1229
  10. Sheikh_of_Araby

    Sheikh_of_Araby Well-Known Member

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    Apparently. People have said it was for cleaning, but with this afternoons developments, who knows? Also, seats are being replaced in the directors box.
     
    #1230
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  11. E.T. Fairfax

    E.T. Fairfax Well-Known Member

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    I dont pretend to understand these things but could this not be a business opened that is basically his attempt at taking over rather than a business that has opened as a result of any takeover?
     
    #1231
  12. Sheikh_of_Araby

    Sheikh_of_Araby Well-Known Member

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    These types of company are normally set up to facilitate a takeover. It is similar to St James Holdings which was set up in 2007 when Ashley bought us.

    Interestingly, Pinsent Mason have offices in Dubai and they were Ashley's lawyers when he bought us.
     
    #1232
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  13. Tasty Magpie

    Tasty Magpie Well-Known Member

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    It would be a business opened to act as a vehicle to facilitate the takeover. They are positioning themselves to aquire the shares to own NUFC. If genuine.
     
    #1233
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  14. Santaseyebrow

    Santaseyebrow Well-Known Member

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    So how much money has this gut got
     
    #1234
  15. Sheikh_of_Araby

    Sheikh_of_Araby Well-Known Member

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  16. Tasty Magpie

    Tasty Magpie Well-Known Member

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    Now been confirmed to be genuine... By Lee Ryder, but I'll take it.

    Capture.JPG
     
    #1236
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  17. Santaseyebrow

    Santaseyebrow Well-Known Member

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    I'm sick of this me like
     
    #1237
  18. Santaseyebrow

    Santaseyebrow Well-Known Member

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    How much money has this guy got... weeks and nobody knows if hes worth more than 1bn
     
    #1238
  19. G4rdToonArmy

    G4rdToonArmy Well-Known Member

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    If it's anything like property purchase you are NOT allowed to use the same firm as the other as its a conflict of interest so I'd see this as a good sign, they are using one of Ashley's preferred lawyers.
     
    #1239
  20. G4rdToonArmy

    G4rdToonArmy Well-Known Member

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    The other director?
    From the Chron
    The other name that appears on the document is Mihat Kidwai of the Bin Zayed Group, who issued statements to the wider media last week
     
    #1240
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