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Toon bid hopefuls backed by New York firm


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While Redheugh is only lurking here at the moment, he is still posting on Newcastle Online and tonight has said the following......

 

 

Something possibly from SP tomorrow.....

 

He then followed with...

 

Positive should they choose to announce

 

When asked by another poster "Only hypothetically speaking of course, but would this potential announcement serve as a definitive end to the sale process? Or would it merely be a recommendation or advisory message or some such, and be therefore open-ended"?

 

He answered with...

 

 

Pretty much so.

 

Although I understand a conclusion may be swift.

 

Really got to watch my step, but whichever way it goes, I think we are approaching end-game.

 

 

And with that he was gone, off into the night.

 

Who is this man of mystery? Will a sale be announced tomorrow? Do fish sleep? Tune in tomorrow for the End of the week show.

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How about this for "creative journalism" from today's Daily Star? :cry:

 

 

ALAN Shearer wants to sign Cardiff’s £6m-rated Geordie Michael Chopra to mark his return as Newcastle boss.

 

Shearer is ready to take the reins again – as a massive reshuffle at St James’s Park is set to see Barry Moat become chairman in the next 48 hours .

 

 

Owner Mike Ashley remains in overall charge, but will take a back seat as he puts his sale bid on hold for the rest of the season .

 

 

Moat has been unable to find £100m to buy the club. But he will run the Toon on a day-to-day basis, with his first job to bring back Shearer.

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How about this for "creative journalism" from today's Daily Star? :cry:

 

 

ALAN Shearer wants to sign Cardiff’s £6m-rated Geordie Michael Chopra to mark his return as Newcastle boss.

 

Shearer is ready to take the reins again – as a massive reshuffle at St James’s Park is set to see Barry Moat become chairman in the next 48 hours .

 

 

Owner Mike Ashley remains in overall charge, but will take a back seat as he puts his sale bid on hold for the rest of the season .

 

 

Moat has been unable to find £100m to buy the club. But he will run the Toon on a day-to-day basis, with his first job to bring back Shearer.

:(

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Well, it's time to start tuning into ssn. If Redhughs right, a big announcement is hours away. ( and he does seem to be itk)

He's ITK in that he knows what Lee Ryder is going to print. That means he might know what's going on but as HF pointed out Lee Ryder has been led a merry dance all summer too.

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Well, it's time to start tuning into ssn. If Redhughs right, a big announcement is hours away. ( and he does seem to be itk)

 

A press conference would have been announced by now if there was any kind of useful news.

 

I've never known any club hold a press conference when a change of ownership occurs.

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Americans jet in for talks on Toon takeover

 

Aug 28 2009 by Lee Ryder, Evening Chronicle

 

THE American-based group interested in taking over Newcastle United have arrived in London for face-to-face talks with investment bank Seymour Pierce.

 

The group, who are understood to have strong connections with professional sports organisations in the US, are currently working with Seymour Pierce duo Keith Harris and Tom Sheldon after making their interest know in the last fortnight.

 

Toon owner Mike Ashley imposed a one-week deadline on wannabe owner Barry Moat with the Tyneside-based businessman attempting to agree terms with Barclays Bank to agree the club’s working overdraft facility of £39m.

 

However, it’s believed that hopes are fading fast for United’s biggest corporate customer even though Ashley has been trying to push the deal over the finish line.

 

 

The Chronicle understands that the Americans – who have North West sports retailer Geoff Sheard spearheading their bid – are attempting to close in on a deal with Ashley.

 

United managing director Derek Llambias confirmed talks were taking place earlier in the week, although he did stress that the bid team was yet to provide “proof of funds”.

 

With Sheard only representing the US group, the arrival of the main financial backers of the bid in the UK is a significant move.

 

A source close to the deal in the capital told the Chronicle today: “The Americans are pushing like hell to get a deal through.

 

“They arrived in London late yesterday and will speak to Seymour Pierce once again.

 

“It’s at a critical stage and they don’t want to say too much.

 

“Obviously with non-disclosure agreements signed it’s difficult for them. And it is a painfully slow process.”

 

As revealed in the Chronicle on Tuesday, the Americans would install Alan Shearer as manager despite the great start made by United under interim boss Chris Hughton.

 

They also intend to appoint New York-based strategic holding company The Omnicom Group to rebrand the Magpies on a global scale and increase sponsorship and advertising opportunities.

 

And they will assign worldwide PR giants Fleishman Hillard to attempt to repair relations between fans and those calling the shots at the club.

 

Toon supporters though have grown weary of takeover talk and today fanzine editor Steve Wraith said: “It all sounds like a grand plan.

 

“But we have heard a lot of it before.

 

“Hopefully the Americans can put their money where their mouth is and we can see some real developments in the next few days.”

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