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Takeover (Covid-19/20)

Discussion in 'Newcastle United' started by RobEllious, Mar 30, 2020.

  1. Dr Van Helsing

    Dr Van Helsing Well-Known Member

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    Not this again

    There's no money in Italy, football is about money,.... 1 billion in assets is entry level in the premier league these days..... He might get the club into debt though...

    It'll be no better imo


    Your positivity worked a treat last time mate..
     
    #21241
  2. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    He has just sold Roma for over £570M. That is almost double what MA wants for NUFC. He may have access to the Italian market, contacts etc but no lets just focus on a negative aspect as it is not someone worth hundreds of billions.
     
    #21242
  3. Dr Van Helsing

    Dr Van Helsing Well-Known Member

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    I'm just being realistic... I'd rather stick with Mike unless it's someone better that all. I hate Ashley but you can be as ambitious as you like with less than a billion in our league it'll not go well...

    The anyone but Ashley things foolish... 100s of billions no but you need 3 or 4 to improve..
     
    #21243
  4. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    That is not being realistic though. It is being outwardly negative. Will Palotta improve NUFC and be more ambitious than MA? Yes.
     
    #21244
  5. Dr Van Helsing

    Dr Van Helsing Well-Known Member

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    I disagree

    Let's leave it there though we hopefully won't find out
     
    #21245
  6. Roland Deschain

    Roland Deschain Well-Known Member

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    Surely, surely EVERYONE has got to be happy enough with Palotta and his investors ahead of Mike ****ing Ashley?!

    Console yourself with the knowledge we won't be owned by a sportswashing state, who probably weren't even that interested.

    I for one will even support the club this season with an owner like Palotta.
     
    #21246
    Flash likes this.
  7. Mick O'Toon

    Mick O'Toon Well-Known Member

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    Did I miss something,is this Palotta for real?
     
    #21247
    Munson. likes this.
  8. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    He's more real than Mauriss
     
    #21248
  9. Mick O'Toon

    Mick O'Toon Well-Known Member

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    Any links?
     
    #21249
  10. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    No it's just idle gossip
     
    #21250
    Mick O'Toon likes this.

  11. Dr Van Helsing

    Dr Van Helsing Well-Known Member

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    Nope... It'll be no different... Look at the money the 6 have... Then add villa, Everton, wolves to it.. Nufc last 3 seasons 10th 13th 13th... It were should sit tbh. People talk about ambition but in our league that won't get you far... You need money...
     
    #21251
  12. Dr Van Helsing

    Dr Van Helsing Well-Known Member

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    This

    Nobody is even close to buying nufc.. It takes time and it not worth 300 million..
     
    #21252
  13. Dr Van Helsing

    Dr Van Helsing Well-Known Member

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    Does Amanda Staveley think the pressure from fans and MP's can really have a positive impact on the sale of #NUFC? 'Yes, and that's what she said to me.

    tenor.gif
     
    #21253
  14. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    ?
     
    #21254
    Mick O'Toon likes this.
  15. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    Might as well give up now.
     
    #21255
  16. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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  17. Dr Van Helsing

    Dr Van Helsing Well-Known Member

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    I told you
     
    #21257
  18. Hung Drawn and Quartered

    Hung Drawn and Quartered Well-Known Member

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    thought I would post this on here for a <laugh>

    An open letter to ‘our’ MPs
    August 6, 2020HomeWise Men Say
    As your constituent, I always encourage you to be vocal when supporting our community.

    I find it somewhat surprising, however, that the current political climate does not dictate that your more public addresses are saved for the greater pressing concerns that you surely have, rather than using them to demand answers as to why a financially comfortable Premier League club, owned by a billionaire, isn’t being purchased by other billionaires.

    If your angle is that of North East investment, I am curious to why this is such a concern when our own constituency would unlikely benefit from this alleged investment, and also when the ‘suffering’ city in question takes up the lion’s share of investment away from the rest of the region already. This fact in itself is a bigger concern to our own economy.

    If your concern is indeed that of how your local professional football teams are being ran, there is clearly a more concerning case that should have your attention…


    While I understand the disappointment and frustration of NUFC fans, it is currently the case that my own club is being ran into the ground and scant little attention is being paid to it.

    As has been detailed in numerous national newspaper stories, and since admitted by the owners themselves, the current owners of Sunderland AFC bought our club by leveraging the club’s own money, and have subsequently written off the obligation to pay it back.

    We are repeatedly told the money will be paid back, but have been given no hint or evidence of a timescale for doing so existing. At the same time, the current majority shareholder, Stewart Donald, continues to try to sell the club, but only at a price which would currently net him an obscene personal profit. All the while we have witnessed mass redundancies, the selling of most if not all of the club’s youth prospects for short-term cash flow purposes and, in general, huge decline in a once proud club.

    With that in mind, I request that you send another public letter, this one being addressed to the shareholders of Sunderland AFC and, primarily, Mr Stewart Donald. I have outlined a number of questions I and, I suspect, many other Sunderland fans want answers to below:

    Sunderland fans have repeatedly been told money borrowed from the club by its owners to buy it will be repaid, despite that obligation having now been written off. Fans deserve to know when that money will be repaid, especially given they have been asked to buy season tickets to help fund the club, despite the fact the money still ‘owed’ to it by its owners far outweighs any sums such ticket sales would generate. Can we be told of a timescale for the return of the club’s funds?

    During their time in charge, the current owners have sold off huge numbers of the club’s youth prospects, something which fans feel will hamper the club for years to come. The club receives compensation in such sales. That money does not appear to have been re-invested in the academy programme, so where has it gone? Has it simply been used on funding day-to-day operations at the same time the club’s owners owed the club a huge sum of money?

    Recent news reports claim the club’s owners have entered an ‘exclusivity’ period with potential buyers of the club – is this correct? If so, who are the potential buyers? Fans are concerned that the current EFL Owners and Directors Test is not sufficiently prohibitive to ‘bad’ owners, and have a right to know who will potentially assume control of their club.

    During one of the most pressing times for the country since the Second World War, we would never wish to monopolise your time with such trivial matters. However, it would be remiss of myself if I did not draw attention to the situation given developments elsewhere suggest it now appears to be an appropriate time to do so.

    Kind Regards,

    Sunderland Fan
     
    #21258
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  19. Dr Van Helsing

    Dr Van Helsing Well-Known Member

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    The old don't complain about being punched because someome else was kicked argument.. Thick
     
    #21259
  20. Mick O'Toon

    Mick O'Toon Well-Known Member

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    Well I'm not so sure,Arsenal are letting go 55 employees while still paying OziL,scousers furloughed their non-playing staff(but backtracked),B'mouth and ourselves did the same(no backtrack),manure not as flush as they let on,no gate receipts/shirt sales/advertising etc The funny thing is Newcastle are one of the healthier clubs thanks to Mike's frugal ways.
     
    #21260
    G4rdToonArmy and Flash like this.

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