Jimbo 175 Posted December 9, 2007 Share Posted December 9, 2007 Sam Allardyce’s Newcastle future will be thrown into doubt once again in the new year amid a £200millon takeover battle for the club. A mystery Singapore consortium is on the verge of launching a megabucks bid to buy out Newcastle’s current owner Mike Ashley. And if the deal goes ahead, manager Allardyce will be facing another uncertain time under his third set of owners since arriving at St James’ Park. Though Ashley insists he has no plans to sell the Premier League strugglers just six months after buying it for £170m, the signs are he is ready to listen to serious offers. And, after such a torrid start to his reign in the north east, the loaded retail sports magnate, worth £1.9billion, may well find the interest from Singapore too tempting. Our source said: “The talk is that £200m would be enough to buy Newcastle – and it could happen early in 2008.” If he cuts the deal, Ashley will walk away having banked a whopping £30m from his investment – or £100,000 for each day in charge. Nice work if you can get it – but the news from the Far East is a major blow for Allardyce, coming so soon after the Geordies’ draw with Arsenal and yesterday’s 2-1 win over Birmingham earned him crucial breathing space. That point against the league leaders resulted in chairman Ashley issuing his manager with a third vote of confidence in as many weeks. But, tellingly, he refused to give Allardyce any long-term security – admitting only that his position was not under ‘immediate’ threat. Link to comment Share on other sites More sharing options...
RlCO 0 Posted December 9, 2007 Share Posted December 9, 2007 What a load of juice. Link to comment Share on other sites More sharing options...
Tom 14021 Posted December 9, 2007 Share Posted December 9, 2007 How original. Spurs fans bored again? Link to comment Share on other sites More sharing options...
Guest James_coDurham Posted December 9, 2007 Share Posted December 9, 2007 How many times? Ashley is not the fucking chairman. And a torrid start to his reign? Best start to a season in 10 years is far from torrid, imo. Link to comment Share on other sites More sharing options...
Dr Kenneth Noisewater 0 Posted December 9, 2007 Share Posted December 9, 2007 What a load of horse shit. If you take the money he paid for the club and add the amount that he's wiped off the debt, I think you'll find that adds up to more than £200 million. Link to comment Share on other sites More sharing options...
Jusoda Kid 1 Posted December 9, 2007 Share Posted December 9, 2007 Nowt else to write about so they dream some shit up Link to comment Share on other sites More sharing options...
Scottish Mag 3 Posted December 10, 2007 Share Posted December 10, 2007 Newcastle chairman Chris Mort has moved to reject reports Mike Ashley is considering selling his stake in the club. Reports over the weekend suggested a Singapore-based consortium was lining up a move to buy-out Ashley's stake in the club. Mort has rubbished the rumours and insists Ashley remains committed to Newcastle for the foreseeable future. "It's just not true that Mike is looking to sell Newcastle. End of story," Mort told the Daily Express. "He has taken them [businesses] under his wing and developed them over a period of years. "That's what we talk about doing at Newcastle." Link to comment Share on other sites More sharing options...
Guest alex Posted December 10, 2007 Share Posted December 10, 2007 Was this in lieu of an "Allardyce to be sacked if he loses the next match" story? Link to comment Share on other sites More sharing options...
toontoasey 0 Posted December 10, 2007 Share Posted December 10, 2007 What a crock of shite. Link to comment Share on other sites More sharing options...
newcastlebroon 0 Posted December 10, 2007 Share Posted December 10, 2007 He doesn't need the money anyway. Link to comment Share on other sites More sharing options...
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