The takeover is bad news, we dont want Newcastle doing well. In a few years, this could turn out to be another club competing for top 4 and maybe more long term
Amanda Staveley increases Newcastle United offer and could complete £300m takeover of St James' Park
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Nah, you just didn't see the prior posts in the thread before they were deleted.
I'm actually not talking about the OP, and I don't think owlco was either.
I was only referring to the op. I believe it started due to Lord Sinister referencing the op, though, and then people reacted to that.
Anyway we're way off topic, best to leave it.
That's exactly what he is. The club has been ran parasitically as a tool to support Sports Direct during his entire tenure. Our commercial revenue has shrank year on year in an era where the sport is ballooning financially. This is because sponsorship and advertising deals have been replaced by Sports Direct advertising, and the merchandise section of the club has become an arm of Sports Direct in it's entirety. It's actually not possible for example to buy an Official NUFC shirt from the club anymore, as the club's website is simply a Sports Direct store. Ashley has siphoned off revenue and exposure from the club in any way possible to service the expansion of his other business, to the detriment of the club itself.
He has also sold off land that belonged to the club. The land above SJP Metro Station has been sold off to developers, which will almost certainly restrict any potential for an extension or redevelopment of the Gallowgate End (an idea that was always in the pipeline under previous ownership). Selling such an asset for a quick buck is the absolute definition of asset stripping.
The club has been absolutely ran into the ground over the last 10 years. No investment whatsoever in the stadium, academy, facilities, or the playing squad in an era of enormous growth for the sport. Endless PR disasters and embarrassments, a string of ludicrous managerial appointments, and 2 relegations in 7 years. All semblance of sporting purpose has been removed, to the point where I literally stopped caring about results. Honestly, I don't really care if we somehow manage to get somebody even worse, it's absolutely worth rolling the dice.
Be interesting to see what this takeover could do for Newcastle.
Have we got another City on our hands here, or is that slightly hyperbolic?
Presumably they'll be looking to break into the top 4/5 with such a huge investment.
Have we got another City on our hands here, or is that slightly hyperbolic?
Presumably they'll be looking to break into the top 4/5 with such a huge investment.
Yeah he's a massive twat. Always liked Newcastle as a team to be honest, had a great team back in the early 00's with Solano, Robert, Shearer and of course Sir Bobby at the helm. Plus United v Newcastle always seemed to be a great match.
Don't think Ashley will be missed by anyone in football. The man should be in prison for the working practices he employs at Sports Direct.
Do we actually know who Ms Staveley is representing? It was clear straight away that ADUG were behind the City bid.
She is a serious deal broker but AFAIK has no direct connection with any one party. Each deal is a commission from a group who want a bid to be properly executed.
An admirable woman is she.
She is a serious deal broker but AFAIK has no direct connection with any one party. Each deal is a commission from a group who want a bid to be properly executed.
An admirable woman is she.
Should be interesting to see whether the new owners continue the previous ownership's policy of "power drinking" and vomiting in fireplaces.
The Guardian has an item where Ashley might spend 30 mil in January and Staveley would reimburse after the contract is signed. Not sure if or how that figures into the 300mil offer. Rafa needs some money to spend in all honesty. Their forwards really can't handle the PL.
30m isn't a lot but it can buy them a player 100x better than Joselu up top.
I think she's a fine piece. FFS we also comment on Blind's dashing looks on here. Why is it such an issue.
I've always though that Newcastle would be high on my list of targets if I was a wealthy Arab with my eye on a football club.
Definitely a club with huge potential due to the stadium and the fanbase. Probably not good news for ticket prices there though.
One is one too many.
When did fancying someone start being called "objectifying them"?
There's deleted posts on the first page along the lines of "Get your .... out"
Wow. Thanks for the insight.
As ever, Newcastle somehow manage to be both the scorpion and the frog.
Craig Hope of the Daily Mail reported a week ago that middle eastern investors from Dubai were looking to make an offer for Newcastle.
Ashley not too happy with Staveley, according to Guardian article. No movement since Dec. Didn't realize there was an initial bid of 350mil, with various conditions.
https://www.theguardian.com/football/2018/jan/16/no-amanda-staveley-bid-for-newcastle-mike-ashley
Seems like Benitez & Co won't be getting any January funds, so they will be in the relegation scrum. Unless Shelvey gets sold, I can't see them bringing in anyone of real substance.
https://www.theguardian.com/football/2018/jan/16/no-amanda-staveley-bid-for-newcastle-mike-ashley
Seems like Benitez & Co won't be getting any January funds, so they will be in the relegation scrum. Unless Shelvey gets sold, I can't see them bringing in anyone of real substance.
My Facebook feed is full of Newcastle fans moaning. Not sure what to make of it. Unless there is someone backing the takeover (and pre-Christmas the suggestion seemed to be it was Staveley’s company actually intending to buy the club) you have to ask if they have the money to be owners of a PL club.
Ashley, for all his faults has given the club financial solidity when the position under the last ownership was apparently iffy to say the least. I can see why the fans want investment and to see the manager backed but it may be a case of “be careful what you wish for”.
Also slightly ironic that they’re desperate for a takeover from a London based company after some of the stick the “Cockney Mafia” have had.
Ashley, for all his faults has given the club financial solidity when the position under the last ownership was apparently iffy to say the least. I can see why the fans want investment and to see the manager backed but it may be a case of “be careful what you wish for”.
Also slightly ironic that they’re desperate for a takeover from a London based company after some of the stick the “Cockney Mafia” have had.
No surprise there, that was always the case without having proof
It's surprising that they play by the rules so far. They are far better than City and PSG with their dodgy creative accounting, inflated/fake sponsorship, partnership with asian illegal betting site and offshore payments.
They'll be suggesting Man City aren't owned by a state next!
They'll just be awaiting the City verdict.
If it's just financial they'll probably go all in.
Isn't their (Saudi Arabia's) economy doing less well now?
Not that a pesky little football club and what it would cost to boost it would be much to them despite that. Did see some theory that the Saudi league hasn't spent so much because of it.
When Russia invaded Ukraine they did very well as the price of oil shot up. Gone down a fair bit since.
Some things their soverign wealth fund was investing in has seen cutbacks. They were going to build The Line, a weird city that was one very long line enclosed in glass with a super-fast train running up and down it. Still doing it, but it's going to be smaller now than first proposed.
They might have also found it's harder to make a football team successful than first thought. They've been hosting a lot of boxing events lately where they can put the show on themselves rather than just being one team competing in someone else's.
Not that a pesky little football club and what it would cost to boost it would be much to them despite that. Did see some theory that the Saudi league hasn't spent so much because of it.
When Russia invaded Ukraine they did very well as the price of oil shot up. Gone down a fair bit since.
Some things their soverign wealth fund was investing in has seen cutbacks. They were going to build The Line, a weird city that was one very long line enclosed in glass with a super-fast train running up and down it. Still doing it, but it's going to be smaller now than first proposed.
They might have also found it's harder to make a football team successful than first thought. They've been hosting a lot of boxing events lately where they can put the show on themselves rather than just being one team competing in someone else's.
Saudi has enough money to do all of the everything. The sportswashing money is unlimited.
Agreed, just wondering if there's the continued will to do it in the current climate. Talk is of them focusing on the more profitable things and football clubs can be a loss if run a certain way.
It's still nothing to them, and it would be whether or not they'd see the sportswahing benefits outweighing that.
Away from football they sold a chunk of their Nintendo stock recently when they were rumoured to be upping their shareholding, reducing it from 8.58% to 7.54%. Like you said they could do all of the everything and buy it outright I'd imagine. Yet they chose to sell part of what they owned of it because it made financial sense to them. They don't want to burn through money all the time for the sake of it, just some of the time.
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