Jimbo 133 Posted September 27, 2008 Share Posted September 27, 2008 MIKE ASHLEY’S reign at Newcastle could be over within five weeks after a South African consortium emerged as favourites for a Tyneside takeover. The group would pay £350million to oust Ashley. Amazingly thebillionaire could even benefit from an auction after a Nigerian consortium launched their own bid on Friday. But the British-based South Africans are confident they are in pole position with their track record of reviving ailing global brands. A spokesman said: “We are serious about Newcastle, we believe they are an iconic institution who deserve to be run professionally.” The five-man South African consortium has drawn up legal papers and has contacted brokers Seymour Pierce — the firm Ashley has put in charge of selling the Tyneside club. Ashley was absent at St James' Park as his side slumped to yet another devastating defeat - 2-1 to Blackburn - their fifth in succession. And now it could be just weeks before he and the rest of Newcastle's hapless hierarchy is gone for good. Link to comment Share on other sites More sharing options...
toontoasey 0 Posted September 28, 2008 Share Posted September 28, 2008 Lets feckin hope so. Link to comment Share on other sites More sharing options...
2bias 3 Posted September 28, 2008 Share Posted September 28, 2008 mmmm Link to comment Share on other sites More sharing options...
Bombadil 0 Posted September 28, 2008 Share Posted September 28, 2008 Got to be better than the Nigerians... Link to comment Share on other sites More sharing options...
Dr Gloom 19788 Posted September 28, 2008 Share Posted September 28, 2008 who? this has to be one of the least informative stories yet. it's got news of the screws written all over it Link to comment Share on other sites More sharing options...
TheMoog 0 Posted September 28, 2008 Share Posted September 28, 2008 Yep, I'd have the South Afrikans in... quality mon. Link to comment Share on other sites More sharing options...
Jimbo 133 Posted September 28, 2008 Author Share Posted September 28, 2008 SA consortium prepare Magpies bid A consortium of South Africa businessmen were on Sunday reported to be interested in purchasing crisis-ridden Premier League side Newcastle. Newcastle have already been in talks with a group of Nigerian tycoons trying to put together enough funds to meet owner Mike Ashley's 400 million pound asking price. A group of British-based tycoons whose fortune has been made from rescuing and rejuvenating household brands around the world, have emerged as a second white knight. A report in The News of the World suggests the South Africans have put together a 350m pound offer for the Magpies. "We are serious about Newcastle, we believe they are an iconic institution who deserve to be run professionally," an unnamed spokesman for the South Africans told the paper. The spokesman added that Kevin Keegan, who quit as manager this month, was the key to the group taking control, with another favourite son of the Tyneside club, Alan Shearer, also in their thoughts. He said: "Kevin is integral to our plans. We want Kevin to be fully committed to the team and we hope to find a role for Alan Shearer. "We are not personalities. We like to be in the background, we need to be in the background." The group are confident of turning around Newcastle's fortunes, with the spokesman saying: "The existing management structure has not worked so we'll pay Mike Ashley what it takes to get rid of him. "The level of expertise we have is in discovering the real problem preventing success. We want to find the root problem and turn the club around. "We will give the Newcastle fans what they want." Joe Kinnear has been appointed as an interim manager until the sale of the club goes through. It's an uphill battle for Kinnear as the Magpies slumped to their fifth successive loss, this time to Blackburn, to leave them rooted one off the bottom of the table Link to comment Share on other sites More sharing options...
Sima 0 Posted September 28, 2008 Share Posted September 28, 2008 Did anyone read the NUSC literature that was given out yesterday? Special mention to point 2 of their manifesto "We don't hate cockneys or any other nationality" Link to comment Share on other sites More sharing options...
GeordieMessiah 0 Posted September 29, 2008 Share Posted September 29, 2008 Did anyone read the NUSC literature that was given out yesterday? Special mention to point 2 of their manifesto "We don't hate cockneys or any other nationality" Excellent. Link to comment Share on other sites More sharing options...
Guest Stevie Posted September 29, 2008 Share Posted September 29, 2008 Did anyone read the NUSC literature that was given out yesterday? Special mention to point 2 of their manifesto "We don't hate cockneys or any other nationality" Some of us.... Link to comment Share on other sites More sharing options...
paddy 9 Posted September 29, 2008 Share Posted September 29, 2008 my fear is that if they bring Keegler back the they will be going 'bok' to the future fuck me thats funny!!!! Link to comment Share on other sites More sharing options...
The Mighty Hog 336 Posted September 30, 2008 Share Posted September 30, 2008 Alan, you can't. Link to comment Share on other sites More sharing options...
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