Breaking news: Sir John Hall sells his share

[Jimbo 172]

Little is known of Ashley's private life, except that his former home was a 16-bedroom former hotel in Buckinghamshire. It is known that he prefers casual dress of shirt and chino's or a track suit over a suit, and often carries his essential business tool of a mobile phone in a plastic carrier bag over a brief case.

[luckyluke 2]

Life is looking good.

[Jimbo 172]

Jeez, but this guy's the owner of Sports & Soccer, we'll be flooded by chavs and east europeans, the team's going to end up wearing Donnay and Lonsdale kits

 

 

Not so sure:

 

The acquisitive Mr Ashley has spent about £200m this year to purchase a 3% stake in German sportswear company Adidas.

[Dr Kenneth Noisewater 0]

Had a shit day at work, feeling better already

[luckyluke 2]

Tbh a Lonsdale kit would be an improvement on the new home strip.

[Gemmill 44174]

Little is known of Ashley's private life, except that his former home was a 16-bedroom former hotel in Buckinghamshire. It is known that he prefers casual dress of shirt and chino's or a track suit over a suit, and often carries his essential business tool of a mobile phone in a plastic carrier bag over a brief case.

 

Haha he sounds like a fucking tramp tbh.

[The Fish 10674]

Jeez, but this guy's the owner of Sports & Soccer, we'll be flooded by chavs and east europeans, the team's going to end up wearing Donnay and Lonsdale kits

 

 

Not so sure:

 

The acquisitive Mr Ashley has spent about £200m this year to purchase a 3% stake in German sportswear company Adidas.

2J will be wanking himself into a frenzy over that news!

[Jusoda Kid 1]

http://www.readytogo.net/smb/showthread.php?t=231988

 

 

Can someone post and tell them he's got shares in Adidas, I'm banned

[The Fish 10674]

Apparently the odds have been slashed on us winning a trophy next season. They must be expecting some hefty transfer activity this summer.

 

It was only a couple of weeks ago that Freedy was saying no one would ever take over the club as they would need both his and Halls shares together and they wouldnt sell.

 

Everyone is assuming that Freddy didnt know about this.

 

If someone is offering him £60mil for the club he maybe already decided to sell.

orrrr it's a betting scam?

 

Shepherd found out about the takeover bid, made that statement then 45 minutes* later he was seen down the bookies having a punt on us to win some silverware next season.

 

 

 

 

 

 

 

 

 

*he was waylaid by two Greggs Pasty sessions

 

 

 

 

 

p.s. this bid must have been in the offing for a while, what's the likelihood that Big Sam knew about the impending takeover and that it had some bearing on his decision to join us?

[East Stander 0]

Will be interesting to watch the share movements tomorrow despite the club advising not to make a decision straight away. Only other holding over 3% is the unknown Len Hatton with 3.9% who has had his shares for a few years now, no-one really knows if he is friend/foe of fatty.

[JawD 99]

http://www.readytogo.net/smb/showthread.php?t=231988

 

 

Can someone post and tell them he's got shares in Adidas, I'm banned

 

I just wish someone connect to NUFc would buy the rights to air or water... (not that they use water much like)

 

[JawD 99]

On a side note, while this share thing rumbles on, arent we meant to stop any trading? and so not act on transfers for the time being? Or doesnt this effect that?

[Park Life 71]

If he has 41% he needs to get 50% + 1 share to be able to get FFS off the Board

 

at 100p a share the banks will sell to him ASAP - no-one else will come in when he has 41% so they can take a big wedge and get out - most of them bought at 40p

 

he needs 75% to delist and 95% to force everyone to sell I think

 

He clearly won't stop till he has full overall control, nothing else makes any business sense.

 

FTR- With that kind of investment he must have a strategy in place and the only one that will see him

making money is growing the club based on success.

 

VERY GOOD DAY FOR US.

Edited May 23, 2007 by Parky

[Baggio 0]

I wonder if he'll bring the price of shirts down in the club shop to the same price as SS.

 

Good news for us, we need this to keep up with Spurs, West Ham and Villa without even thinking of the top 4.

[ewerk 30170]

On a side note, while this share thing rumbles on, arent we meant to stop any trading? and so not act on transfers for the time being? Or doesnt this effect that?

 

That's a good point, I remember hearing something about transfers of major assets while a business is under offer, though I could be wrong.

[Gemmill 44174]

On a side note, while this share thing rumbles on, arent we meant to stop any trading? and so not act on transfers for the time being? Or doesnt this effect that?

 

That's a good point, I remember hearing something about transfers of major assets while a business is under offer, though I could be wrong.

 

Owen will be fuming. "Sorry Michael, we'd love to let you join Man United, but until this takeover goes through, stay put and shut your face mkay?"

[Jimbo 172]

Official Statement:

 

 

Newcastle United PLC Statement

 

The Board of Newcastle United notes the announcement by SJHL regarding its acquisition of 55,342,223 Newcastle United shares at a price of 100 pence per ordinary share, and the terms of a mandatory cash offer of 100 pence per ordinary share in accordance with the provisions of Rule 9 of the City Code on Takeovers and Mergers (the "Code") for all of the issued and to be issued share capital of Newcastle United which is not already owned by SJHL.

 

The Board of Newcastle United will meet to consider the offer shortly. Newcastle United shareholders are urged to take no further action at this stage.

 

A further announcement will be made in due course.

 

In accordance with Rule 2.10 of the Code, Newcastle United confirms that it has 133,107,121 ordinary shares of 5 pence each in issue and admitted to trading on the London Stock Exchange under the UK ISIN code GB0006572795.

[Dr Kenneth Noisewater 0]

On a side note, while this share thing rumbles on, arent we meant to stop any trading? and so not act on transfers for the time being? Or doesnt this effect that?

 

That's a good point, I remember hearing something about transfers of major assets while a business is under offer, though I could be wrong.

 

Owen will be fuming. "Sorry Michael, we'd love to let you join Man United, but until this takeover goes through, stay put and shut your face mkay?"

[skhwoody 0]

according to talk sport, if ashley gets 51% he gets full control, and even if ffs refuses to sell he will only be a sidelined muppet, not the mouthpiece he has been.

 

today has finished on a high

[Radgina 1]

according to talk sport, if ashley gets 51% he gets full control, and even if ffs refuses to sell he will only be a sidelined muppet, not the mouthpiece he has been.

 

today has finished on a high

[Jimbo 172]

Would he still be able to continue as Chairman ? or would Ashley be able to sack him ??

[Jimbo 172]

Would he still be able to continue as Chairman ? or would Ashley be able to sack him ??

[ewerk 30170]

With 51% Ashley could sack him.

[ewerk 30170]

With 51% Ashley could sack him.

[JawD 99]

51% does indeed get him overall control as majority shareholder. Mind you, FS isnt majority now yet he is in place as chairman. But essentially it will be up to Ashley who runs the club from that perspective.

 

No I wont post it twice...