Happy Face 29 Posted January 4, 2007 Share Posted January 4, 2007 (edited) The Polygon-backed St James' Park Group consortium has said it has no current intentions of bidding for the Premiership football club. In a statement the hedge-fund backed group also said it had ended talks with the north-east England outfit. It was one of several parties that had been reported as making an approach regarding a possible takeover. St James' Park Group said it reserved the right to make an offer or possible offer if circumstances changed. Those circumstances would include any offer for Newcastle United from another party. The Jersey-based Belgravia Group has also been repeatedly linked with bids for the club. Before Christmas Newcastle United said talks with Belgravia were ongoing and also revealed that American financiers Polygon had requested access to the company's books. Majority shareholder at Newcastle United is Sir John Hall who, with his son, owns more than 40% of the club. The other major shareholder is Newcastle chairman Freddy Shepherd, who owns a 28% stake in the football club. Belgravia is a private company with interests including construction, hospitality, aviation and sports marketing. http://news.bbc.co.uk/1/hi/business/6229885.stm I wonder if Freddie isn't keeping the purse strings tight until all takeover possibilities are done and dusted. Edited January 4, 2007 by Happy Face Link to comment Share on other sites More sharing options...
Gemmill 36826 Posted January 4, 2007 Share Posted January 4, 2007 "Polygoing......Polygoing.....Polygone!" That should have been the thread title, HF. And to think people say I can't do word play. Link to comment Share on other sites More sharing options...
Renton 18561 Posted January 4, 2007 Share Posted January 4, 2007 "Polygoing......Polygoing.....Polygone!" That should have been the thread title, HF. And to think people say I can't do word play. That's shite. Your pun I mean. With the club operating at a one million pound a month loss, expect no major signings unless we sell. Trouble is, with the size and quality of our squad, selling hardly seems an option. Link to comment Share on other sites More sharing options...
Isegrim 9065 Posted January 4, 2007 Share Posted January 4, 2007 I am actually not too bothered by this. As bad as I think as the club is run at the moment, I do have my reservations concerning American hedge funds and their intentions. Link to comment Share on other sites More sharing options...
Guest alex Posted January 4, 2007 Share Posted January 4, 2007 "Polygoing......Polygoing.....Polygone!" That should have been the thread title, HF. And to think people say I can't do word play. And to think, you think you can Link to comment Share on other sites More sharing options...
GeordieMessiah 2 Posted January 4, 2007 Share Posted January 4, 2007 And so one set of suitors leave the scene...cue shrieks of despondency amid the massed ranks of Shepherd haters. Link to comment Share on other sites More sharing options...
Renton 18561 Posted January 4, 2007 Share Posted January 4, 2007 I am actually not too bothered by this. As bad as I think as the club is run at the moment, I do have my reservations concerning American hedge funds and their intentions. I share your concerns. But for me this is proof we are non-viable as a profitable business. That is also a concern. Link to comment Share on other sites More sharing options...
Guest alex Posted January 4, 2007 Share Posted January 4, 2007 I reckon the debt put them off. Like Isegrim though, I'm not too bothered. Link to comment Share on other sites More sharing options...
Isegrim 9065 Posted January 4, 2007 Share Posted January 4, 2007 (edited) I am actually not too bothered by this. As bad as I think as the club is run at the moment, I do have my reservations concerning American hedge funds and their intentions. I share your concerns. But for me this is proof we are non-viable as a profitable business. That is also a concern. That is hardly surprising considering the balance sheets in recent years. Any suitor must either be an Abramowichesque billionaire who doesn't really see it as a business or an investor who has long term plans. Edited January 4, 2007 by Isegrim Link to comment Share on other sites More sharing options...
Renton 18561 Posted January 4, 2007 Share Posted January 4, 2007 Actually, scrub what I just said re Polygon. Silly me, I'd forgotten that any successor to the present board would have guaranteed us success. Link to comment Share on other sites More sharing options...
Gemmill 36826 Posted January 4, 2007 Share Posted January 4, 2007 Actually, scrub what I just said re Polygon. Silly me, I'd forgotten that any successor to the present board would have guaranteed us success. Double divine-righter. Link to comment Share on other sites More sharing options...
Asprilla 96 Posted January 4, 2007 Share Posted January 4, 2007 "Polygoing......Polygoing.....Polygone!" That should have been the thread title, HF. And to think people say I can't do word play. You raised a chuckle here Link to comment Share on other sites More sharing options...
Asprilla 96 Posted January 4, 2007 Share Posted January 4, 2007 Polly gone - Toon "sick as a parrot" Link to comment Share on other sites More sharing options...
Guest alex Posted January 4, 2007 Share Posted January 4, 2007 Polly gone - Toon "sick as a parrot" Link to comment Share on other sites More sharing options...
Tom 13921 Posted January 4, 2007 Share Posted January 4, 2007 Not fussed about Yank take overs tbh, Link to comment Share on other sites More sharing options...
Renton 18561 Posted January 4, 2007 Share Posted January 4, 2007 Polly gone - Toon "sick as a parrot" Much better. Link to comment Share on other sites More sharing options...
Gemmill 36826 Posted January 4, 2007 Share Posted January 4, 2007 Polly gone - Toon "sick as a parrot" Much better. Knobhead! Link to comment Share on other sites More sharing options...
Guest Patrokles Posted January 4, 2007 Share Posted January 4, 2007 Polly gone - Toon "sick as a parrot" Much better. I prefer Gemmill's, personally. Link to comment Share on other sites More sharing options...
Guest alex Posted January 4, 2007 Share Posted January 4, 2007 Polly gone - Toon "sick as a parrot" Much better. I prefer Gemmill's, personally. Jealous of a fellow songwriter I reckon. One with a publishing deal too Link to comment Share on other sites More sharing options...
Guest Patrokles Posted January 4, 2007 Share Posted January 4, 2007 Polly gone - Toon "sick as a parrot" Much better. I prefer Gemmill's, personally. Jealous of a fellow songwriter I reckon. One with a publishing deal too I didn't say EITHER were any good, mind. Link to comment Share on other sites More sharing options...
Guest alex Posted January 4, 2007 Share Posted January 4, 2007 Polly gone - Toon "sick as a parrot" Much better. I prefer Gemmill's, personally. Jealous of a fellow songwriter I reckon. One with a publishing deal too I didn't say EITHER were any good, mind. I've just bought 'The Virgin Suicides' btw. I'll let you know what I think. Link to comment Share on other sites More sharing options...
Gemmill 36826 Posted January 4, 2007 Share Posted January 4, 2007 I've seen the film. Dunst is in it which makes it instantly watchable. Link to comment Share on other sites More sharing options...
Jimbo 133 Posted January 4, 2007 Share Posted January 4, 2007 Official club statement: Newcastle United thank Polygon for the announcement they have issued today. Link to comment Share on other sites More sharing options...
Ted Maul 0 Posted January 4, 2007 Share Posted January 4, 2007 Official club statement: Newcastle United thank Polygon for the announcement they have issued today. First stepping aside for Liverpool, now this. We're the club that just keeps on giving. Link to comment Share on other sites More sharing options...
Guest Patrokles Posted January 4, 2007 Share Posted January 4, 2007 I've seen the film. Dunst is in it which makes it instantly watchable. The film is okay, but it's the kind of book that's impossible to translate well to the screen, simply because of its unique narrative perspective. Part of the beauty of the book is just that. The narrative voice is central to its brilliance. Link to comment Share on other sites More sharing options...
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