Christmas Tree 4005 Posted June 22, 2009 Share Posted June 22, 2009 MIKE Ashley is hoping to make progress on two different fronts this week as he battles to sell Newcastle United before the start of pre-season training on July 1. The Magpies owner will hold further talks with the four consortia currently involved in a process of due diligence in an attempt to speed up their prospective takeover of the club. Two of the groups are understood to have submitted initial offers below the £100m asking price Ashley had originally demanded for Newcastle, but neither is in a position to complete a sale within the next 48 hours. However, a series of discussions are planned for the first half of this week, and both Ashley and managing director Derek Llambias are hoping to have identified their preferred bidder before the end of the week. That would enable them to enter the final phase of the takeover process, which will involve the drawing up of formal sale documents and effectively rule the three remaining consortia out of the race. The identity of the two groups to have submitted bids to brokers Seymour Pierce remains a closely-guarded secret – there are suggestions that even Ashley does not who they are at this stage – but it is believed that an Americanbased organisation is furthest through the due diligence process. Ashley is keen to make further headway this week, but as well as overseeing the ongoing takeover talks, the sportswear magnate will also instruct Llambias to step up his attempts to move some of the highest wage earners off the club’s books. At least one of the groups undergoing due diligence is understood to have raised serious concerns about Newcastle’s financial viability if a number of senior players are not sold during the current transfer window. Llambias has employed an agency, First Artists, to help move players out of St James’ Park, but despite four weeks having passed since the final weekend of the season, the out-of-contract Michael Owen, Mark Viduka, Claudio Cacapa and David Edgar are the only players due to leave at the start of next month. Ashley is desperate for some progress, and First Artists will be instructed to focus their attention on the possible sale of some of Newcastle’s foreign players to overseas clubs. Turkish duo Fenerbahce and Besiktas have expressed an interest in Obafemi Martins, while Atletico Madrid are interested in signing Argentinian centre-half Fabricio Coloccini. Both Jonas Gutierrez and Jose Enrique are also expected to return to La Liga this summer./quote] Link to comment Share on other sites More sharing options...
Kitman 2188 Posted June 22, 2009 Share Posted June 22, 2009 Where's that from CT? Not one quote I notice, it could be largely made up sadly. Link to comment Share on other sites More sharing options...
donaldstott 0 Posted June 22, 2009 Share Posted June 22, 2009 (edited) I for one am fed up with seeing the phrase 'by the end of the week'. The journalists reporting on this should print what they know rather than speculating on stuff they are clearly not privy to. It: a - makes them look like fuckwits b - frustrates fans and c - adds to the distrust of the journalists involved and those trying to sell the club Edited June 22, 2009 by donaldstott Link to comment Share on other sites More sharing options...
Isegrim 8948 Posted June 22, 2009 Share Posted June 22, 2009 Where's that from CT? Not one quote I notice, it could be largely made up sadly. It's from the Northern Echo and nothing else but a paraphrase of recent newspaper articles. Link to comment Share on other sites More sharing options...
Happy Face 29 Posted June 22, 2009 Share Posted June 22, 2009 Results 1 - 10 of about 79,700 for mike ashley deadline. (0.29 seconds) Link to comment Share on other sites More sharing options...
Ayatollah Hermione 12903 Posted June 22, 2009 Share Posted June 22, 2009 I'll believe it when I see it. How tedious. Link to comment Share on other sites More sharing options...
The Fish 9248 Posted June 22, 2009 Share Posted June 22, 2009 This week? Then I'm getting on the phone to get mty season ticket now! :icon_lol: Link to comment Share on other sites More sharing options...
trophyshy 6453 Posted June 22, 2009 Share Posted June 22, 2009 This week? Then I'm getting on the phone to get mty season ticket now! :icon_lol: You still think it'll all be over by Friday? Link to comment Share on other sites More sharing options...
Kitman 2188 Posted June 22, 2009 Share Posted June 22, 2009 Where's that from CT? Not one quote I notice, it could be largely made up sadly. It's from the Northern Echo and nothing else but a paraphrase of recent newspaper articles. Aha. Lazy "journalism" strikes again... Link to comment Share on other sites More sharing options...
The Fish 9248 Posted June 22, 2009 Share Posted June 22, 2009 This week? Then I'm getting on the phone to get mty season ticket now! You still think it'll all be over by Friday? bizarrely, aye. Link to comment Share on other sites More sharing options...
Christmas Tree 4005 Posted June 24, 2009 Author Share Posted June 24, 2009 THE FUTURE of Newcastle United – and Alan Shearer – should finally move closer to being decided on Friday. Sources in London have confirmed to the Chronicle that decisive movement on Mike Ashley’s attempt to sell the Magpies is finally expected at the end of the working week. And Shearer has been made aware of imminent developments which may belatedly hasten his permanent appointment as Newcastle manager. We understand the former England captain has been invited to a meeting – also on Friday – with United’s remaining top brass to bring him up to speed with the situation. It will be the first time that Shearer has been briefed by club officials since the week following Newcastle’s relegation, when talks on his future ended unresolved. Significantly, Newcastle club secretary Lee Charnley has already travelled down to London to keep a close check on progress on the takeover front. Link to comment Share on other sites More sharing options...
Happy Face 29 Posted June 25, 2009 Share Posted June 25, 2009 This reminds me of my mam with the provident lady. Link to comment Share on other sites More sharing options...
Park Life 71 Posted June 25, 2009 Share Posted June 25, 2009 I had a dream last night that fat Ashley had stolen my fish and chips. Link to comment Share on other sites More sharing options...
Kitman 2188 Posted June 25, 2009 Share Posted June 25, 2009 I had a dream last night that fat Ashley had stolen my fish and chips. To be fair, pissing on people's chips is more his speciality Link to comment Share on other sites More sharing options...
JUICE690 0 Posted June 25, 2009 Share Posted June 25, 2009 (edited) The Magpies owner will hold further talks with the four consortia currently involved in a process of due diligence in an attempt to speed up their prospective takeover of the club. Two of the groups are understood to have submitted initial offers below the £100m asking price Ashley had originally demanded for Newcastle, but neither is in a position to complete a sale within the next 48 hours. The identity of the two groups to have submitted bids to brokers Seymour Pierce remains a closely-guarded secret – there are suggestions that even Ashley does not who they are at this stage – but it is believed that an Americanbased organisation is furthest through the due diligence process. Is he being blindfolded? Derek- "Which one do you like the feel of mike?" Edited June 25, 2009 by JUICE690 Link to comment Share on other sites More sharing options...
Toonpack 7079 Posted June 25, 2009 Share Posted June 25, 2009 The Magpies owner will hold further talks with the four consortia currently involved in a process of due diligence in an attempt to speed up their prospective takeover of the club. Two of the groups are understood to have submitted initial offers below the £100m asking price Ashley had originally demanded for Newcastle, but neither is in a position to complete a sale within the next 48 hours. The identity of the two groups to have submitted bids to brokers Seymour Pierce remains a closely-guarded secret – there are suggestions that even Ashley does not who they are at this stage – but it is believed that an Americanbased organisation is furthest through the due diligence process. Is he being blindfolded? Derek "Which one do you like the feel of mike?" Pin the tail on the consortium, a party game for the 21st century Link to comment Share on other sites More sharing options...
Isegrim 8948 Posted June 25, 2009 Share Posted June 25, 2009 The Magpies owner will hold further talks with the four consortia currently involved in a process of due diligence in an attempt to speed up their prospective takeover of the club. Two of the groups are understood to have submitted initial offers below the £100m asking price Ashley had originally demanded for Newcastle, but neither is in a position to complete a sale within the next 48 hours. The identity of the two groups to have submitted bids to brokers Seymour Pierce remains a closely-guarded secret – there are suggestions that even Ashley does not who they are at this stage – but it is believed that an Americanbased organisation is furthest through the due diligence process. Is he being blindfolded? Derek "Which one do you like the feel of mike?" Pin the tail on the consortium, a party game for the 21st century Ah, I always wondered what this due diligence malarky is... Link to comment Share on other sites More sharing options...
Fop 1 Posted June 25, 2009 Share Posted June 25, 2009 Don't see this ending well as the moment. We're going to be stuck with Assley or sold to someone that that completely can't afford us (oil money ). Link to comment Share on other sites More sharing options...
Bombadil 0 Posted June 25, 2009 Share Posted June 25, 2009 From .com: FALSE HOPE Newspaper reports in recent days had led to renewed optimism that the SJP log jam was set to clear and new owners would be announced - along with a permanent managerial appointment. However we're now given to understand that talk of an early conclusion to the sale is premature and that the claims of Alan Shearer meeting Ashley etc. are false. As things stand, pre-season training will begin next Wednesday with Chris Hughton at the helm. And as to who will be deciding which players are present - your guess is as good as ours... Link to comment Share on other sites More sharing options...
Jimbo 133 Posted June 25, 2009 Share Posted June 25, 2009 Link to comment Share on other sites More sharing options...
David Kelly 1117 Posted June 25, 2009 Share Posted June 25, 2009 And the hits just keep on coming! Link to comment Share on other sites More sharing options...
Kid Dynamite 6098 Posted June 25, 2009 Share Posted June 25, 2009 Jump to August 8th, Ashley releases a statment saying he tried to sell the club but to no avail, wel just have to try and all get along Link to comment Share on other sites More sharing options...
Isegrim 8948 Posted June 25, 2009 Share Posted June 25, 2009 Jump to August 8th, Ashley releases a statment saying he tried to sell the club but to no avail, wel just have to try and all get along "If, like me you like a gamble, what price a flutter on us getting promoted?" Link to comment Share on other sites More sharing options...
JawD 31 Posted June 25, 2009 Share Posted June 25, 2009 Jump to August 8th, Ashley releases a statment saying he tried to sell the club but to no avail, wel just have to try and all get along "If, like me you like a gamble, what price a flutter on us getting promoted?" What year and from what division..... Link to comment Share on other sites More sharing options...
Norbert Colon 0 Posted June 25, 2009 Share Posted June 25, 2009 Not proclaiming any psychic powers or be ITK or anything but this is panning out pretty much the way i thought - I don't beleive there are any buyers its just a charade to get past another transfer window Link to comment Share on other sites More sharing options...
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