Scottish Mag 3 Posted May 31, 2007 Share Posted May 31, 2007 Newcastle United officials are expected to meet with the billionaire Mike Ashley today or tomorrow, possibly at St James' Park, with Ashley's position believed to have been strengthened considerably by the guarantee of the sale of further shareholdings to the company formed specially to purchase the club. Ashley shocked Newcastle last week in buying Sir John Hall's 41.6% stake and it is understood that he now has up to 54% of shares, either bought or with the promise to. If so, he effectively runs the club. However, until the legal process of acquiring the extra stock is complete it is unlikely Ashley would appear at the meeting, requested by the club last Friday. Also, until the relevant documentation is signed, there remains an element of doubt about ownership and a rumour of Far Eastern interest resurfaced in the City of London yesterday. In the meantime Newcastle have begun preliminary moves in the transfer market, with their manager Sam Allardyce negotiating the incoming transfer of Joey Barton from Manchester City and the outgoing movement of captain Scott Parker to West Ham United, who yesterday offered £8.5m for the midfielder. Allardyce appears not to find Barton's notoriety off-putting - neither did the previous Newcastle manager Glenn Roeder, who also considered buying Barton this summer - and the 24-year-old Liverpudlian has a get-out clause in his contract believed to be £5.5m. Parker, who has had two difficult seasons on Tyneside despite succeeding Alan Shearer as captain, is expected to join the Hammers once he can prove his fitness after a hernia operation. The 26-year-old would rejoin Alan Curbishley, his manager at Charlton Athletic. Due to this being the early stages of a takeover, and to Ashley's previous business culture, there is a reluctance to divulge any information. Hall's revelation that he had never met the 42-year-old billionaire from Buckinghamshire face to face is instructive - and viewed with scorn inside St James' Park. Hall, who has stressed that a human touch is required at Newcastle, said that he had spoken to Ashley over the phone but that he hopes to meet him in the north-east soon. When Hall talked last week of his decision to sell he referred to "Ashley and his team" but there is as yet no name or face other than Ashley's associated with Newcastle. One spokesman for the company was unable to confirm yesterday whether he or one of his delegated representatives has yet talked with Allardyce while the chairman Freddy Shepherd remains in a Tyneside hospital with pleurisy. Link to comment Share on other sites More sharing options...
Fop 1 Posted May 31, 2007 Share Posted May 31, 2007 Hall, who has stressed that a human touch is required at Newcastle, said that he had spoken to Ashley over the phone but that he hopes to meet him in the north-east soon. Bah, like he cares. John Hall doesn't deserve the stick the likes of Feckless Hall and FFS get (and should get more), but equally NUFC ceased to become anything but £££'s to him a long time ago. He'd have sold to anyone that gave him a decent enough price. Link to comment Share on other sites More sharing options...
ewerk 31580 Posted May 31, 2007 Share Posted May 31, 2007 Hall's revelation that he had never met the 42-year-old billionaire from Buckinghamshire face to face is instructive - and viewed with scorn inside St James' Park. That is a bit fucking mental, I know Ashley doesn't like the limelight but to complete a £55m deal without even meeting is very strange. Link to comment Share on other sites More sharing options...
sammynb 3640 Posted May 31, 2007 Share Posted May 31, 2007 Hall's revelation that he had never met the 42-year-old billionaire from Buckinghamshire face to face is instructive - and viewed with scorn inside St James' Park. That is a bit fucking mental, I know Ashley doesn't like the limelight but to complete a £55m deal without even meeting is very strange. You think, we've been scouting players for years* without actually watching them before we sign them. *Kuyt being the exception. Link to comment Share on other sites More sharing options...
TheMoog 0 Posted May 31, 2007 Share Posted May 31, 2007 The sooner this goes through the better Link to comment Share on other sites More sharing options...
Toonpack 10384 Posted May 31, 2007 Share Posted May 31, 2007 (edited) Hall's revelation that he had never met the 42-year-old billionaire from Buckinghamshire face to face is instructive - and viewed with scorn inside St James' Park. That is a bit fucking mental, I know Ashley doesn't like the limelight but to complete a £55m deal without even meeting is very strange. The scorn in SJP just highlights what little fish they are, people with that much moolah as Ashley don't get their hands dirty doing the business, their "people" handle it all. Not unusual at all IMO. Worked for a company once where the MD (double figures millionaire) ordered a new Ferarri, his PA bought it//did the deal on his behalf, he just set the ball rolling and the budget. Edited May 31, 2007 by Toonpack Link to comment Share on other sites More sharing options...
Ketsbaia 0 Posted May 31, 2007 Share Posted May 31, 2007 I'd take the 54% figure with a pinch of salt but i'd not be suprised if he was over the 50% mark. Link to comment Share on other sites More sharing options...
Toonpack 10384 Posted May 31, 2007 Share Posted May 31, 2007 I'd take the 54% figure with a pinch of salt but i'd not be suprised if he was over the 50% mark. Would tend to agree, the 41% is owned by his holding company, who can say what he's got personally that he doesn't have to declare as yet. I wouldn't think he'd have to declare anyway, because the holding company is the entity making the bid not him personally. mebe's, possibly, potentially. Wasn't there some moves in the last few weeks where about 10% of the shares moved somewhere ? Link to comment Share on other sites More sharing options...
Jimbo 175 Posted May 31, 2007 Share Posted May 31, 2007 Not much activity today: http://investing.thisismoney.co.uk/cgi-bin...ername=&ac= Link to comment Share on other sites More sharing options...
2bias 3 Posted May 31, 2007 Share Posted May 31, 2007 The sooner this goes through the better yes Link to comment Share on other sites More sharing options...
sandman02uk 0 Posted May 31, 2007 Share Posted May 31, 2007 remember that a fortnight before the ashely takeover was announced there was rumours flying round that something was in the pipeline because of unusual buying on the stockmarket now that coupled with the swoop for the 41% from hall and I would think hes gonna be over 50% anyway, I also think thats why FFS is so gutted and his comments about being stabbed in the back, he knows hes fired of course it could all be unrelated but I dont think this guy is an idiot Link to comment Share on other sites More sharing options...
Toonpack 10384 Posted May 31, 2007 Share Posted May 31, 2007 remember that a fortnight before the ashely takeover was announced there was rumours flying round that something was in the pipeline because of unusual buying on the stockmarket now that coupled with the swoop for the 41% from hall and I would think hes gonna be over 50% anyway, I also think thats why FFS is so gutted and his comments about being stabbed in the back, he knows hes fired of course it could all be unrelated but I dont think this guy is an idiot Billionaire's usually aren't, ruthless, evil bastards - yes, idiots - no Sooner the better for me Link to comment Share on other sites More sharing options...
sandman02uk 0 Posted May 31, 2007 Share Posted May 31, 2007 remember that a fortnight before the ashely takeover was announced there was rumours flying round that something was in the pipeline because of unusual buying on the stockmarket now that coupled with the swoop for the 41% from hall and I would think hes gonna be over 50% anyway, I also think thats why FFS is so gutted and his comments about being stabbed in the back, he knows hes fired of course it could all be unrelated but I dont think this guy is an idiot Billionaire's usually aren't, ruthless, evil bastards - yes, idiots - no Sooner the better for me Quoted for the truth Link to comment Share on other sites More sharing options...
Gemmill 47019 Posted May 31, 2007 Share Posted May 31, 2007 http://www.nufc.premiumtv.co.uk/page/NewsD...1031459,00.html Link to comment Share on other sites More sharing options...
Ketsbaia 0 Posted May 31, 2007 Share Posted May 31, 2007 (edited) Interesting. Edited May 31, 2007 by Skol Link to comment Share on other sites More sharing options...
khay 10 Posted May 31, 2007 Share Posted May 31, 2007 http://www.nufc.premiumtv.co.uk/page/NewsD...1031459,00.html As helpful as ever. Link to comment Share on other sites More sharing options...
David Kelly 1280 Posted May 31, 2007 Share Posted May 31, 2007 Glad to see somethings happening. Link to comment Share on other sites More sharing options...
Papa Lazaru 0 Posted May 31, 2007 Share Posted May 31, 2007 http://www.nufc.premiumtv.co.uk/page/NewsD...1031459,00.html Hopefully "A useful and constructive discussion" means they've all agreed to get Fat Fred out on his arse asap and get the club going! Link to comment Share on other sites More sharing options...
Jimbo 175 Posted May 31, 2007 Share Posted May 31, 2007 http://www.nufc.premiumtv.co.uk/page/NewsD...1031459,00.html Hopefully "A useful and constructive discussion" means they've all agreed to get Fat Fred out on his arse asap and get the club going! Let's hope so !!!! Link to comment Share on other sites More sharing options...
Ketsbaia 0 Posted May 31, 2007 Share Posted May 31, 2007 http://www.nufc.premiumtv.co.uk/page/NewsD...1031459,00.html Hopefully "A useful and constructive discussion" means they've all agreed to get Fat Fred out on his arse asap and get the club going! Or Ashley's told them he's got his 50% and has given them all their marching orders. Link to comment Share on other sites More sharing options...
Dr Gloom 22507 Posted May 31, 2007 Share Posted May 31, 2007 http://www.nufc.premiumtv.co.uk/page/NewsD...1031459,00.html sounds promising. looks like the fat man might actually do the honourable thing and finally fuck off Link to comment Share on other sites More sharing options...
@yourservice 67 Posted May 31, 2007 Share Posted May 31, 2007 Does anyone know the hospital and ward that Sir Fred of nation is in? Maybe we should all send in a few get wellget out soon cards. Link to comment Share on other sites More sharing options...
Ketsbaia 0 Posted May 31, 2007 Share Posted May 31, 2007 Does anyone know the hospital and ward that Sir Fred of nation is in? Maybe we should all send in a few get wellget out soon cards. What's the odds on him being in a bed next to Pud and getting an ear bashing from the lanky streak? Link to comment Share on other sites More sharing options...
Papa Lazaru 0 Posted May 31, 2007 Share Posted May 31, 2007 Does anyone know the hospital and ward that Sir Fred of nation is in? Maybe we should all send in a few get wellget out soon cards. What's the odds on him being in a bed next to Pud and getting an ear bashing from the lanky streak? If he was next to Pud we'd have seen plenty of photos on here by now surely! Link to comment Share on other sites More sharing options...
David Kelly 1280 Posted May 31, 2007 Share Posted May 31, 2007 Does anyone know the hospital and ward that Sir Fred of nation is in? Maybe we should all send in a few get wellget out soon cards. What's the odds on him being in a bed next to Pud and getting an ear bashing from the lanky streak? If he was next to Pud we'd have seen plenty of photos on here by now surely! Photo's of fatty in bed. That thought should see me off food for the next few days Link to comment Share on other sites More sharing options...
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