tinofbeans 91 Posted August 24, 2009 Share Posted August 24, 2009 http://www.guardian.co.uk/football/2009/au...eover-extension Newcastle have announced that Tyneside businessman Barry Moat has been given extra time to raise the financial backing to buy out owner Mike Ashley. In a development this morning, Newcastle said that Moat has been granted an extension to allow him time to persuade Barclays bank that he is able to service the club's existing £39m overdraft facility. A statement released by the club read: "Newcastle United confirm that we have extended our deadline to Barry Moat to table an offer for the club. "The extension is being granted in order to allow Barry Moat and his advisers to conclude funding arrangements with Barclays, current banker, for the continuation of last season's £39m facility. This would allow a formal offer to be tabled." Link to comment Share on other sites More sharing options...
The Fish 11063 Posted August 24, 2009 Share Posted August 24, 2009 Couldn't this have gone in the "Monday announcement thread"? Link to comment Share on other sites More sharing options...
tinofbeans 91 Posted August 24, 2009 Author Share Posted August 24, 2009 yes. Link to comment Share on other sites More sharing options...
Sir Bob Almighty! 0 Posted August 24, 2009 Share Posted August 24, 2009 Glad its posted here, I didnt fancy looking through 9 pages to find this out Link to comment Share on other sites More sharing options...
tinofbeans 91 Posted August 24, 2009 Author Share Posted August 24, 2009 thanks. its also on the beeb site... Link to comment Share on other sites More sharing options...
trophyshy 7094 Posted August 24, 2009 Share Posted August 24, 2009 yes. Link to comment Share on other sites More sharing options...
shear class! 0 Posted August 26, 2009 Share Posted August 26, 2009 Is there a day for a new announcement now? Or will fatty just keep moving the dates the tit? Link to comment Share on other sites More sharing options...
Chaser 1321 Posted August 26, 2009 Share Posted August 26, 2009 Isnt it the usual Friday to have the announcement pushed back to Monday? If he takes the club off the market Monday then he only has to stall for another 24hrs to get the transfer window out of the way... Link to comment Share on other sites More sharing options...
trophyshy 7094 Posted August 26, 2009 Share Posted August 26, 2009 If he takes the club off the market, no press conference. If this happens I think we should let Pundit have his old name back. Link to comment Share on other sites More sharing options...
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