peasepud

Self admission that he's talking absolute twaddle IYAM hmmm notice he hasnt replied to my last mail

Trouble is, its not even spending another penny of his own, they're not spending a penny of the clubs money. There is nothing available.

Must be absolutely loving all this like. Don't blame him either. I can imagine the calls now.... Mike? its Dave, Dave Whelan....just wondering mate, when the Toon play here next seas......oh fuck! shit sorry mate I forgot. Anyway when you go to Blackpool, do you want to call in for a coffee? tea? coca cola? shiiiiit sorry done it again.

I would have thought that chances of getting to away games are less likely now, smaller capacity stadiums while our core away fans will still be there no matter what. You'd be better off getting a friend with an ST to try and get you tickets than give any more money upfront to this feckless bunch of tossers.

I dont think it will be quick although I have to disagree with the OP its not really dragging on as far as it appears. Allegedly, they've asked for expressions of interest, confirmed they are genuine and are now into due dilligence so I would imagine thats been going to a normal timescale. Whether there actually are any bidders however remains to be seen, my money is on there being one, a certain fat lad from Byker who will offer way below the asking price unless hes given the belief that there are others bidding against him.

Well I sent an edited version of my post to Patrick with the thought that it may be used in some form of debate that could open up, you know like democratically and shit? as newspapers are meant to do. Heres what I sent. And heres the reply I received.

Basically, what he is saying is "we (Dekka and Mike) have absolutely no intention of signing Alan Shearer, it just will not happen under our watch, however we do want you to buy season tickets and therefore Im going to tell you that it could all be sorted in the next few days to a week. That however should be just enough time to make you think, "what if I dont buy my ticket and Al comes?". Were basically putting the whole emphasis on those that may want to buy it". Now forgive me if Im wrong but due diligence doesnt get sorted in a couple of days, these are things that teams of lawyers and accountants pore over for weeks on end, unless of course those books say "nothing outstanding, everything paid and loads of cash coming in" if they do say that then I reckon any prospective purchaser is going to take even longer to go through them trying to find where the fuck hes hidden it. Its amazing how media will take one story and come up with what they think we want to hear. Do people have to announce their going through due diligence? is it possible they've been going through Due diligence for weeks already? I don't mean to sound like a broken record, but I think you're desperately trying to find the worst in every article mate. and your insistence on reading something positive in every article means you miss the simplest of points from the main quote. Dekka makes it clear that nobody could have carried out due dilligence before tomorrow. "The data room will be open on Wednesday, which will allow the groups who have proved they have the money to buy the club to look at the books. Nobody has been able to do that yet because the data room hasn't been opened." That is the start of due diligence, people cannot have started to carry it out if they havent had access to the necessary documents.

and who exactly is it thats fishing around for him? we dont have a manager for fucks sake.

Am I the only one who reads that statement totally differently? Basically, what he is saying is "we (Dekka and Mike) have absolutely no intention of signing Alan Shearer, it just will not happen under our watch, however we do want you to buy season tickets and therefore Im going to tell you that it could all be sorted in the next few days to a week. That however should be just enough time to make you think, "what if I dont buy my ticket and Al comes?". Were basically putting the whole emphasis on those that may want to buy it". Now forgive me if Im wrong but due diligence doesnt get sorted in a couple of days, these are things that teams of lawyers and accountants pore over for weeks on end, unless of course those books say "nothing outstanding, everything paid and loads of cash coming in" if they do say that then I reckon any prospective purchaser is going to take even longer to go through them trying to find where the fuck hes hidden it. Its amazing how media will take one story and come up with what they think we want to hear.

I hate to break this to you buddy, but we ain't no god damn Premiership Club, and the Championship don't mean diddly outside these shores. To be fair trophy, we are a Premiership club in everything but league position. The right investor would not look at us as a small club to make big, but a big club to return to glory. Most of the work is done for them, we have the stadium, the reputation, the facilities and the support. Yeah, I knew what you were alluding to really and don't disagree, but we are currently in the shop window at BHS Aldi and not House of Fraser. FYP

Whatever way you slice and dice it, the net sale price to Ashley should be the same. If he repaid part of his loan ahead of others, then the sale price will go down to reflect that. I still find it hard to believe anyone is seriously considering offering £100m for the club when they just have to sit back, watch the shit hit the fan and stand ready by the phone with their cash still in their pocket. From the sounds of it we're struggling to settle even routine payments. Administration does little solve the problem with players- as football creditors the league insists payments are honoured in full. Everything depends on the realism of Ashley's asking price. I dont see how this bit works, Im not doubting you but I just dont understand it. Working from what we've been led to believe, Ashley bought the club for £130m and then loaned it £100m giving him a total outlay of £230m yes? Now he says hes selling for £100m and we're being led to believe the debt is scratched off (I've personally never read anything official that states this though). In my view that means whatever money is owed to St James' Holdings on the day of the sale is lost to them (Ashley). Now as far as he is concerned that money could be £100m or it could be £20m either way the new owners will owe him zero and he will still have met the original deal ie £100m for the club and no money owed to Ashley. Its down to the potential buyers to realise that the debts are mounting up I would imagine, how far due diligence goes Im not sure. To use an earlier analogy of the advertised car and petrol, in the advert hes saying that it comes with whatever petrol is in it at the time of purchase. Ashley is just going to make sure he goes for a very very long drive before dropping it off. It could be that Im totally off the mark here and all debts are being paid on time to whoever but it doesnt look that way when you see the BMW fiasco. We dont just go into Administration / Bankruptcy (whats the difference? I honestly dont know???) when Ashley decides we do. If hes not paying bills then a/n other creditor can file for it cant they? What if that creditor is HMRC? A hell of a lot of money can be owed to them in a short period of time at a football club. If the projections of £72m annual wage bill is correct then thats half a million per week in Tax and NI payments. Considering HMRC gets paid monthly then £2m unpaid before anyone even has a chance to notice. Im assuming (its not my area, maybe Mancy would know) that HMRC maybe goes a full quarter of missed payments before starting proceedings? thats 6 maybe 7m owed before they kick off properly. Take a looky here > http://news.bbc.co.uk/1/hi/uk/7741859.stm from November last year, now if Leicester can run up £7m debt to the taxman, Ipswich £5m and Luton £2.5m on their wage bill then what the fuck could we be owing? According to stuff Ive been reading Lutons debt to the taxman was on a wage bill of £4m! Using that logic then we could rack up about 40m debt to the taxman before he kicks off big time.

hmmmm I see thw words "£5million fee" in fact, the word "fee" should be enough to tell you we aint gonna sign him.

Is that Jimbos telly cos if it aint then

I dont know why it is a good thing for Ashley but I do believe that he has contemplated it already. When I was originally told the stuff about Administration being imminent if we went down it came from not one but two seperate credible sources. The story was then broken nearly two weeks later by Alan Oliver, as Ive said previously in a different thread, I cant see what had changed football wise on Sunday March 29th to suddenly make Ashley call up Shearer. We hadnt had a game for a week so its not like we got tonked the day before and he finally woke up. I personally believe its too coincidental, the timing of us suddenly wanting to stay up enough to beg Shearer being the same day as this story. Again though, what he achieves I dont know, from everything Ive read all football debts must be paid in full, thats players contracts, outstanding transfer fees the lot. After that comes the other creditors including the taxman. What does worry me is that we know Ashley is refusing any money out of the club, not even for petty cash, coffee in the meetings, anything. Its a fair bet then that the club is living on its credit rating, as seen by the reposession of Llambias car. How many months of non-payment does it take before they reposess a car? what about the hotel costs for players, Llambias and others etc? local companies who were more than happy to supply the temporary staff, catering supplies etc under the belief that there was no way a business as high profile as the football club would default on their payments. The rumour months ago was that Mort had to come her personally and demand the money that was owed to Freshfields as it hadnt been paid months after it was due. Could it be that every single penny that would have gone to pay other bills has instead gone to paying off the debt to SJ Holdings? If so, just how much of that £100m is still outstanding? How much of it went in that mortgage we found back in November? What about the January transfers? is it possible that the likes of Given were now owned by say SJ Holdings and therefore any payment is due to them and not NUFC? I havent got a clue on the answers above but the potential for these and a lot more worry me shitless.

every cloud

It really does beggar belief doesnt it, that a "respected" journalist couldnt even be arsed to use google himself. Its a well known fact that we're doing this, his own colleague George Caulkin who probably sits at the desk next to him has been involved with us from the start and if my memory serves me correctly wrote an article on how we're working to become a Trust. As for 100,000 fans here and 100,000 elsewhere paying a mere £375 for the fun if it. Hasnt this man done any homework? it may be less than an ST but you'd still need to buy one of those as well otherwise the club would die before you'd even signed the purchase contracts! Half a pint of beer a day, yes or maybe a full months mortgage/ rent to many fans, Yeah lets tell people not to pay their mortgage this month and hand it over, in fact its only about the same as a childs dinner money for a year, let them go hungry, not a problem. 200,000 fans each paying £375 and they say we're deluded and believe we're bigger than we are. The very Barcelona model he alludes to has 156,000 fans paying é115, 156k from a fanbase thats reported to be 44million worldwide (that means 0.35% are members!), for a club that are not only the Champions of Europe but definitely one of the biggest in the world. Now contrast that to a dying club, on its arse in the 2nd tier of English football, one thats been stripped of its assets and dignity by a bloke who believes a football club can be run like a cheap tat shop. Do that comparison and still believe that we can get 50k more fans than Barcelona to invest three times as much (and then some) into this club. Do those comparisons Patrick and then come to us and say "yes it will work", oh and bring your cheque for £375 with you. If its such an easy one to achieve then Im sure the name Patrick Barclay will be at the top of the donators list. Myself and Tom have seen what kind of people purport to be able to buy the club, what sorts of lunatics can attempt to get your hard earned cash, we've both sat there while Peter Lee gave his talk about how he was on the brink of managing just that, how with the fans backing and a mere £1,000.00 each we will all be sat in that hotseat over there (points out of the Irish Club window towards the Central Station). Thankfully, a permatan and ability to talk the hind legs off a donkey mean nowt once it comes to getting normal decent peoples hard earned wonga. Now is not the time for articles like this, we dont need to be told how easy it is for an idiot to purchase a football club, we've already been there, seen that and bought the book. If theres one sorry lesson we can take from the mess that is the football club we love its that any idiot can buy a football club but not just any idiot can run one. If you want to know how a football club can be ran with the inclusion of the fans then start with Supporters Direct site > http://www.supporters-direct.org, if you're interested in how that can work with Newcastle United then get along to one of our roadshows to see for yourself how we're doing it.

Just had a read of the SMB thread, top marks to the lad I say, he pulled it off well. Thing that gets me is they think we're all sat here crying into our beer about how devastated we were to find it wasnt real, a quick scan through this entire 2 page thread should convince anyone that we werent exactly dancing in the streets

A fiver says Llambias moves out of the Jesmond Dene hotel in the near future, I bet their bills not getting paid.

I dont even know why we are debating it. Ashley has no intention of appointing anyone. That would cost money and hes not even willing to pay for the club to have coffee for meetings. Hughton is getting the job, he costs us nothing more to sit in.

I believe this, from what I understand no bills are being paid by the club now, they've been running their credit to the bone form months. Classic administration action if you ask me.

In seriousness, why the fuck would any club in their right mind pay Barton image rights? what advertising is he going to be doing? Although second thoughts I see it now, young player has argument with Barton, camera pans to Joey who shrugs turns away and lights up a cigar... *Hamlet music starts* then he stubs it out in his eye hmmmm not sure

so lets get this straight, Curbishley left West Ham because there was interference from the board and now he'd be willing to come here and work for Ashley? Did the tabloids just think "now whos the daftest appointment we can say? oh dont forget he must be a cockney, they hate cockneys them Geordies do".

I think the point Beresford was making is that its going to take something more than managerial experience or even genius to sort us out. The logic behind Shearer is we can be pretty confident hes not going to fuck us off (us being the fans), hes not going to lie to us and hes not just in it for the money. Im unsure about Shearer as a manager, hes got no real experience and the 8 games Ive seen him take charge of havent exactly set me alight with enthusiasm but at the same time I think any other established manager under Ashley will be played for a fool and realise it quickly thereby leaving us in the same predicament we had last September.

Thats the sort of places we're looking for, the view is we'd rather do more of them to smaller audiences and therefore give a better chance for people to have their say and discuss stuff with us. As satisfying as filling the City Hall would be it wouldnt give people a chance to talk directly. Hope to see you there though

Not sure, within the next month I would imagine. While Im there I'll take you a new picture for your ava, that ones still got the icicles from Christmas three years ago! Alas, nee good as I'll still be away. It was you who put the icing on me avatar I know you are your lass told me the other day When you back?