wykikitoon 16562 Posted June 7, 2007 Share Posted June 7, 2007 After all the shite we have had to put up with for the last 2 or 3 seasons things are finally looking up. Oh the joys of being a football supporter Link to comment Share on other sites More sharing options...
Jusoda Kid 1 Posted June 7, 2007 Share Posted June 7, 2007 Excellent news, get cracking BS, the top four is there for the taking Link to comment Share on other sites More sharing options...
Dr Kenneth Noisewater 0 Posted June 7, 2007 Share Posted June 7, 2007 Maybe we're getting a little greedy wanting Dein as well? After all, a month ago none of us would have dreamed about what has gone on since the last game of the season. Having said that, he could potentially be a massive part of the equation required for us to get a trophy. Link to comment Share on other sites More sharing options...
Tom 13830 Posted June 7, 2007 Share Posted June 7, 2007 Can someone just tell me what the fuck is going on? I honestly cant believe/understand it. Please. Link to comment Share on other sites More sharing options...
Fop 1 Posted June 7, 2007 Share Posted June 7, 2007 Most of the reports are Chairman with one or two Chief Exec's of Ashley's choosing alongside him. David Dein? That could be good. In a strange way it may be for the best to retain FFS (in the short term anyway) just to minimise any disruption to the stuff that is going on now (Allerdyce just being appointed and all the transfer stuff). Link to comment Share on other sites More sharing options...
Fop 1 Posted June 7, 2007 Share Posted June 7, 2007 Maybe we're getting a little greedy wanting Dein as well? After all, a month ago none of us would have dreamed about what has gone on since the last game of the season. Having said that, he could potentially be a massive part of the equation required for us to get a trophy. I'm hoping he'd want to be involved in what (jinxes everything) could a nice little revolution. Link to comment Share on other sites More sharing options...
2bias 3 Posted June 7, 2007 Share Posted June 7, 2007 Why hasnt this had more replies. its great news! I hope his ongoing role at the club is not as chairman though! Sadly, it's rumoured to be just that! I'm beginning to wonder if that was the bargaining chip that Ashley had to use to get Fred to sell. just what i was thinking. Link to comment Share on other sites More sharing options...
Jimbo 133 Posted June 7, 2007 Share Posted June 7, 2007 Freddy Shepherd Statement Following the announcement that Newcastle United and St James Holdings Limited have agreed the terms of a recommended cash offer by SJHL, Chairman Freddy Shepherd has said the following: "As Chairman of Newcastle United I have always tried to act in the very best interests of this great football club, and stressed that should the right person emerge to lead the club forward into the future, then I would support them fully. "I believe Mike Ashley and SJHL, along with new manager Sam Allardyce can deliver a vibrant new era at Newcastle United and I sincerely hope that together we can all enjoy successful times. "It was always very important to me that this whole matter was handled amicably and swiftly for the sake of everyone connected with the football club." Link to comment Share on other sites More sharing options...
newcastlebroon 0 Posted June 7, 2007 Share Posted June 7, 2007 It's a very exciting time for the toon. Link to comment Share on other sites More sharing options...
MrMiyagi 0 Posted June 7, 2007 Share Posted June 7, 2007 At least our "Shepherd out" protests can now be aimed at Ashley instead of Shepherd himself, meaning that when we do want him and make a noise about it he'll surely go. Link to comment Share on other sites More sharing options...
Tom 13830 Posted June 7, 2007 Share Posted June 7, 2007 I dont think that Shepheed will have any power what so ever tbh, Just a gimmick. Link to comment Share on other sites More sharing options...
Guest alex Posted June 7, 2007 Share Posted June 7, 2007 Just an employee to be more accurate. Link to comment Share on other sites More sharing options...
Brock Manson 0 Posted June 7, 2007 Share Posted June 7, 2007 New tea lady tbh. Link to comment Share on other sites More sharing options...
Dr Kenneth Noisewater 0 Posted June 7, 2007 Share Posted June 7, 2007 New tea lady tbh. He'll never replace Kath. Link to comment Share on other sites More sharing options...
Jimbo 133 Posted June 8, 2007 Share Posted June 8, 2007 Massive activity today: http://investing.thisismoney.co.uk/cgi-bin...ername=&ac= Link to comment Share on other sites More sharing options...
East Stander 0 Posted June 11, 2007 Share Posted June 11, 2007 Massive activity today: http://investing.thisismoney.co.uk/cgi-bin...ername=&ac= By my reckoning, this declaration takes his holding to 51.79% http://www.londonstockexchange.com/LSECWS/...&source=RNS Link to comment Share on other sites More sharing options...
Ketsbaia 0 Posted June 11, 2007 Share Posted June 11, 2007 (edited) Massive activity today: http://investing.thisismoney.co.uk/cgi-bin...ername=&ac= By my reckoning, this declaration takes his holding to 51.79% http://www.londonstockexchange.com/LSECWS/...&source=RNS He's obviously miles over that now as millions of shares were changing hands on Friday. He's probably already got the lions share of Fat Fred's shares. EDIT: Kaupthing Banking are also buying on behalf of Ashley, they were acquiring shares a few days before he bought SJH's stake in the club so he should have a fair amount Edited June 11, 2007 by Skol Link to comment Share on other sites More sharing options...
Guest Albuquerque Posted June 11, 2007 Share Posted June 11, 2007 Didn't Ashley recently sell his stake in Adidas after making a reported profit of £130m? Hmm, shareholder's selling their stakes in plc's after making profits.. Link to comment Share on other sites More sharing options...
Jimbo 133 Posted June 12, 2007 Share Posted June 12, 2007 http://investing.thisismoney.co.uk/cgi-bin...ername=&ac= Another £10m of shares bought today. Link to comment Share on other sites More sharing options...
JawD 31 Posted June 12, 2007 Share Posted June 12, 2007 Fair old chunk that as well, about 7.5% by my reckoning. So, as it did look like he had increased to 51% with yesterdays purchase, that should have him around 59%. Link to comment Share on other sites More sharing options...
Isegrim 8870 Posted June 13, 2007 Share Posted June 13, 2007 The stockmarket announcement of the latest purchase have him now at 50,81%. With the pre-agreed sale of Shepherds shares he is now over the 75% mark. Link to comment Share on other sites More sharing options...
JJ 0 Posted June 13, 2007 Share Posted June 13, 2007 So at least now we know that he is the majority shareholder, and that after all is the main part of the battle in getting Shepherd out. Even if he doesn't get 75% (which in fairness I'm still confident he'll get, and with what Wolfgang is saying looks increasingly likely) then now we know that the revolution has officially begun. Link to comment Share on other sites More sharing options...
Isegrim 8870 Posted June 13, 2007 Share Posted June 13, 2007 (edited) So at least now we know that he is the majority shareholder, and that after all is the main part of the battle in getting Shepherd out. Even if he doesn't get 75% (which in fairness I'm still confident he'll get, and with what Wolfgang is saying looks increasingly likely) then now we know that the revolution has officially begun. People still get confused about Ashley's percentage and the sale of Shepherds shares not having taken place yet. That doesn't really matter as there is already a binding agreement. From the stockmarket announcement: SJHL has received irrevocable undertakings from Shepherd Offshore Limited, a company connected with William Frederick Shepherd and Bruce Stewart Shepherd, and Timothy Revill, the independent non-executive director of Newcastle United, to accept the Offer in respect of a total of 37,288,959 Newcastle United shares representing, in aggregate, approximately 28.0 per cent. of the existing issued share capital of Newcastle United. These undertakings will cease to be binding only if the Offer lapses or is withdrawn and will remain binding in the event that a higher competing offer for Newcastle United is made. Edited June 13, 2007 by Isegrim Link to comment Share on other sites More sharing options...
JJ 0 Posted June 13, 2007 Share Posted June 13, 2007 So at least now we know that he is the majority shareholder, and that after all is the main part of the battle in getting Shepherd out. Even if he doesn't get 75% (which in fairness I'm still confident he'll get, and with what Wolfgang is saying looks increasingly likely) then now we know that the revolution has officially begun. People still get confused about Ashley's percentage and the sale of Shepherds shares not being sold yet. That doesn't really matter as there is already a binding agreement. From the stockmarket announcement: SJHL has received irrevocable undertakings from Shepherd Offshore Limited, a company connected with William Frederick Shepherd and Bruce Stewart Shepherd, and Timothy Revill, the independent non-executive director of Newcastle United, to accept the Offer in respect of a total of 37,288,959 Newcastle United shares representing, in aggregate, approximately 28.0 per cent. of the existing issued share capital of Newcastle United. These undertakings will cease to be binding only if the Offer lapses or is withdrawn and will remain binding in the event that a higher competing offer for Newcastle United is made. So to dumb it down for folk like me who don't quite get it....... Basically the shares have been sold but (for lack of a better word) the transaction hasn't officially gone through. That right? Finance things go miles over my head. Link to comment Share on other sites More sharing options...
Jimbo 133 Posted June 13, 2007 Share Posted June 13, 2007 and this too: "Although St James Holdings Limited ("SJHL") has now acquired an interest in over 50% of the share capital of Newcastle United PLC, the Takeover Panel has confirmed that the Offer should not be declared unconditional as to acceptances until the requirements of Rule 10 of the Code, which sets out when the acceptance condition has been fulfilled, have been satisfied." Does this mean they have reached the point where they can compulsory purchace the remainder ?? Link to comment Share on other sites More sharing options...
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