Jump to content

Newcastle United: Club Sold To PCP - Official


Recommended Posts

1 minute ago, TheGingerQuiff said:

Our best chance of staying up is them bankrolling January... he's between a rock and a hard place.

I'm sure there was something in an article last week to say that wont happen it's all down to Ashley gulp

Link to post
Share on other sites
  • Replies 9k
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Popular Posts

its official #Cans #Jimbo's telly

I've spent many a workday researching CHAPS.

I don’t know Callum.  But you weren’t arsed when it came to your own website (https://realcombatmedia.com), with its in depth coverage of Joshua vs Ruiz II so why are you arsed now? Fuck off

Posted Images

This from todays Chronicle ...

It is understood that the Premier League has also yet to begin conducting a ‘fit and proper person test’, Such a process can take weeks, and would need to occur before the Premier League could ratify any new ownership of the Magpies.

Link to post
Share on other sites
22 hours ago, trooper said:

This from todays Chronicle ...

It is understood that the Premier League has also yet to begin conducting a ‘fit and proper person test’, Such a process can take weeks, and would need to occur before the Premier League could ratify any new ownership of the Magpies.

The doesn't stop an ownership change though, can happen after a takeover, lets face it it's unlikely any owner would fail those tests given we're not being bought by the Russian mafia unlike some.

Link to post
Share on other sites

Agreed. I assume the bloke is trying to create a story that this is Ashley clawing back a bigger percentage of Sports Direct using proceeds of the sale of NUFC, but as you say it’s not going to be out of his pocket with a buy back from a PLC that I assume he isn’t in full control of. I would have thought any move like that would have come through MASH Holdings rather than Sports Direct International. 

Edited by Howay
Link to post
Share on other sites
25 minutes ago, Howay said:

Agreed. I assume the bloke is trying to create a story that this is Ashley clawing back a bigger percentage of Sports Direct using proceeds of the sale of NUFC, but as you say it’s not going to be out of his pocket with a buy back from a PLC that I assume he isn’t in full control of. I would have thought any move like that would have come through MASH Holdings rather than Sports Direct International. 

 

 

Don't companies dish out shares when they need to raise a lot of money for investment etc ?

Buyback normally means the opposite so is the biggest shareholder expecting a lumpa from somewhere else ?

Just guessing like, and hoping.

Link to post
Share on other sites
18 minutes ago, Tdansmith said:

Buyback normally means the opposite so is the biggest shareholder expecting a lumpa from somewhere else ?

Just guessing like, and hoping.

 

The money for a buyback won't come from Ashley though. It will come from Sports Direct's retained earnings.

  • Like 1
Link to post
Share on other sites
  • Tom changed the title to Newcastle United: Club Sold To PCP - Official

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...