Jimbo 175 Posted December 19, 2006 Share Posted December 19, 2006 From .com AGM - nowt of note As expected, a 35 minute AGM on Tuesday brought no major public revelations regarding the future of the club, with confirmation only that Belgravia talks were ongoing and that Polygon had informally looked at the books. Freddy Shepherd and Douglas Hall (in a non -speaking part) were both present, along with around 60 shareholders and their proxies. From The Guardian, Tuesday: Newcastle United hold their annual general meeting in the City of London this morning with the topic of a purported takeover topping the agenda. The club issued a statement on Friday denying an imminent purchase of the St James' Park club by the Polygon investment firm and said there was currently no process of due diligence under way. The due diligence reference had some relevance as a potential rival to Polygon, the Belgravia Group, which Newcastle confirmed was in talks about a possible takeover as far back as August 21, had been said to have started due diligence soon after the initial August announcement was made. Belgravia has had its credibility questioned on Tyneside and has reacted to Newcastle's "carefully worded" statement by saying that it was not engaged in due diligence because its due diligence was complete. The company is satisfied with its audit and is now assessing if and when to bid for the club. Should Belgravia walk away and no other purchaser step forward, Newcastle's chairman Freddy Shepherd will feel vindicated in his dismissive attitude towards a possible takeover, but Shepherd is still likely to have questions to answer this morning from shareholders concerning last year's £12m loss. Link to comment Share on other sites More sharing options...
Ted Maul 0 Posted December 19, 2006 Share Posted December 19, 2006 A non-speaking part? Lazy gits. Link to comment Share on other sites More sharing options...
Gemmill 47439 Posted December 19, 2006 Share Posted December 19, 2006 Lad on NO went and had this to say about it. Link to comment Share on other sites More sharing options...
sweetleftpeg 0 Posted December 19, 2006 Share Posted December 19, 2006 Aye, Mr I'mProudToBeAGeordieNation big bollocks holds the AGM in...London. Wanker. Gutless wanker. Link to comment Share on other sites More sharing options...
AmericanMag 0 Posted December 19, 2006 Share Posted December 19, 2006 Aye, Mr I'mProudToBeAGeordieNation big bollocks holds the AGM in...London. Wanker. Gutless wanker. Isn't that due to the majority of share holders being in the London area? Link to comment Share on other sites More sharing options...
Gemmill 47439 Posted December 19, 2006 Share Posted December 19, 2006 No, because the Shepherds and Halls form the majority of the shareholders. He holds it in London as he knows it'll mean less fans turning up and giving him a hard time though. That much is obvious. Link to comment Share on other sites More sharing options...
Papa Lazaru 0 Posted December 19, 2006 Share Posted December 19, 2006 No, because the Shepherds and Halls form the majority of the shareholders. He holds it in London as he knows it'll mean less fans turning up and giving him a hard time though. That much is obvious. Sums him up really doesn't it. All this geordienation bollocks and he runs like a little girl to hide in London for the AGM. Shows he can do some planning after all then! Link to comment Share on other sites More sharing options...
AmericanMag 0 Posted December 19, 2006 Share Posted December 19, 2006 No, because the Shepherds and Halls form the majority of the shareholders. He holds it in London as he knows it'll mean less fans turning up and giving him a hard time though. That much is obvious. I didn't realize that it was so obvious. My apologies. Link to comment Share on other sites More sharing options...
Gemmill 47439 Posted December 19, 2006 Share Posted December 19, 2006 No, because the Shepherds and Halls form the majority of the shareholders. He holds it in London as he knows it'll mean less fans turning up and giving him a hard time though. That much is obvious. I didn't realize that it was so obvious. My apologies. Don't worry about it. I'd already made some allowances on account of your nationality. Link to comment Share on other sites More sharing options...
Sima 0 Posted December 19, 2006 Share Posted December 19, 2006 Owen England's number one goalscorer? Has he scored more than 49 like? Link to comment Share on other sites More sharing options...
AmericanMag 0 Posted December 19, 2006 Share Posted December 19, 2006 No, because the Shepherds and Halls form the majority of the shareholders. He holds it in London as he knows it'll mean less fans turning up and giving him a hard time though. That much is obvious. I didn't realize that it was so obvious. My apologies. Don't worry about it. I'd already made some allowances on account of your nationality. That's greatly appreciated. Link to comment Share on other sites More sharing options...
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