Born in Kirkcaldy (Fife) but supported the toon as of 1994 due to some Geordie neighbours we had while living in Paris. From the year 2002 until 2006 I had a season ticket before moving down south for uni. I now reside in the north east although I work in Leeds (used to live in york and had done from 1995 until summer this year excluding my time at uni and a year and a half in Oxford). So basically. I’m a 7 year old glory hunting sheep 92er **** who wished he now supported PSG
Nah he’s keeping hold of the club until Albert bares his backside out of Fenwicks window and denounces mustard chinos as a fashion choice.
not a toony really , born in ashington , christened in the RVI nearest i get lived in crammy , more of a northumbrian
Christian Purslow has just shat upon us all with a heady mix of realism and truth poo. From sky sports news. Her (Amanda Staveley) view on value and Mike Ashley’s are some way apart but critically she is also starting to be concerned about relegation risk. “Offering an owner of a Premier League team a deal that says, ‘I will give you £250-300m, but if in August I find myself in the Championship I’d like a refund of a £100m’…Mike Ashley is never going to accept a deal like that. “The more likely sequence of events, I am not saying it is impossible, is that buyers wait to see where Newcastle settle and once their Premier League fate is secure then a deal gets done by the end of the season. “But the idea that a deal is going to happen in the next few weeks, let alone at levels that are way below what Mike Ashley’s asking price was, is fanciful. “I think by the end of the season is when the club gets sold. “A run of poor form can turn a team in seventh place, everything looking rosy, into a team where the possibility of relegation starts to loom. “The significance of that is that when you are buying or selling a football club, the valuation is directly linked to the revenue performance of that club. “A club in the Championship is worth substantially less, a fraction of a club in the Premier League. “Mike Ashley was rushing, positively rushing to capitalise on Newcastle’s very good start to the season in the summer and autumn. “We are now moving into these long winter days and Newcastle have had a very bad run of form. “For any potential acquirer of Newcastle, today, to commit to a valuation would be a very bold move because if the club was relegated that value would look crazy.”
This is surely what we are all already thinking, right? There is the survival of the club and also the HMRC investigation. The obvious thing for Staveley is to wait until the end of the season and minimise the risk of investing. The only reason they wouldn't wait is that there is competition to buy the club and need to get in quick to secure it. Or that Ashley would sell it cheap.
Its a fine balance - if you buy it now there is the relegation risk and so the price should reflect that. If we survive then Ashley will probably expect to be paid more. Think the parties could agree a clause that previous owners would be responsible for any fines resulting from HMRC investigation. Likelihood is this will come to nothing (I heard that from ACS) as most HMRC investigations do anyway.
Let's hope that the club has a few pennies in the bank, because Ashley will absolutely not throw any of his own money at strengthening the squad next month. The takeover is clearly not happening at the moment, if at all, if there is no money in January there is a strong possibility that Rafa will walk and we will be relegated with Tony Pulis at the helm. Merry Christmas everyone!!!
The Times claim it's one offer, no negotiation, cash up front of around 250m and Ashley has two weeks to take it or it's gone.
Mike doesn’t like being dictated to. I can see him walking away from this deal. My source is clearly gonna have egg on his face.
There will never be a perfect time to buy or sell this club. A little bit of compromise on both sides would be good.
It's pretty rich to lower your offer by £50m because of a run of poor form. We could equally have had a fantastic November, I doubt she would have been falling over herself to give Ashley another £50m. I suppose if the offer gets accepted we can conclude that the tax issue is worse than we thought, but on the plus side we'd have extra to spend in January. I suspect that it's intended to close out the negotiation and walk away.
