Jimbo 133 Posted June 14, 2007 Share Posted June 14, 2007 LONDON (AP) - English businessman Mike Ashley has increased his stake in Premier League club Newcastle to 51.52 percent. The billionaire bought an additional 950,000 shares on Wednesday, his company St. James Holdings Ltd. said in a statement to the London Stock Exchange on Thursday. On May 23, Ashley's SJHL announced it had bought a stake of 41.6 percent. Last week, Newcastle's board said that chairman Freddy Shepherd would sell his 28 percent shareholding to Ashley. Ashley would need to reach 75 percent to achieve a full takeover of the club, which has a huge fan base but has not won the league title since 1927 or the FA Cup since 1955. Link to comment Share on other sites More sharing options...
newcastlebroon 0 Posted June 14, 2007 Share Posted June 14, 2007 (edited) LONDON (AP) - English businessman Mike Ashley has increased his stake in Premier League club Newcastle to 51.52 percent. The billionaire bought an additional 950,000 shares on Wednesday, his company St. James Holdings Ltd. said in a statement to the London Stock Exchange on Thursday. On May 23, Ashley's SJHL announced it had bought a stake of 41.6 percent. Last week, Newcastle's board said that chairman Freddy Shepherd would sell his 28 percent shareholding to Ashley. Ashley would need to reach 75 percent to achieve a full takeover of the club, which has a huge fan base but has not won the league title since 1927 or the FA Cup since 1955. so that's 79% including Shephards. Get in. Edited June 14, 2007 by newcastlebroon Link to comment Share on other sites More sharing options...
ewerk 26284 Posted June 14, 2007 Share Posted June 14, 2007 So apart from Shepherd's and Hall's shares he has only bought 10%? Is it usual for these things to take so long? Link to comment Share on other sites More sharing options...
Jimbo 133 Posted June 15, 2007 Share Posted June 15, 2007 Another £1m worth of shares snapped up today. Link to comment Share on other sites More sharing options...
East Stander 0 Posted June 15, 2007 Share Posted June 15, 2007 Offer now unconditional. SJHL have over 75% now officially http://investing.thisismoney.co.uk/cgi-bin...65571&rns=1 Link to comment Share on other sites More sharing options...
The Fish 8989 Posted June 2, 2009 Share Posted June 2, 2009 Happier times Link to comment Share on other sites More sharing options...
luckyluke 1 Posted June 2, 2009 Share Posted June 2, 2009 Happier times I know, I'm wincing reading some of the earlier replies in this thread. Link to comment Share on other sites More sharing options...
Happy Face 29 Posted June 2, 2009 Share Posted June 2, 2009 "Ashley is an intensely private person, who never attends industry functions or gives interviews" I'm creaming myself, sounds like a wind-up he's so perfect. http://www.toontastic.net/board/index.php?...mp;#entry333985 Link to comment Share on other sites More sharing options...
Happy Face 29 Posted June 2, 2009 Share Posted June 2, 2009 I got really excited by the takeover, but the signings so far have tempered my enthusiasm. Yep...Ashley out! http://www.toontastic.net/board/index.php?...st&p=341214 Tino called it first. Link to comment Share on other sites More sharing options...
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