Kid Dynamite 5900 Posted November 21, 2017 Share Posted November 21, 2017 1 hour ago, The Fish said: I read the last bit as a rebuke of his frankly absurd £400m valuation. Given the club is probably worth around £280m as it stands, £300-£350m is still paying over the odds for us. Did you just make that figure up? AC Milan just sold for £850mil and that doesn't include the stadium which is council owned. Man City sold 13% of their club for £265mil NUFC comes with a 52k seater stadium, training ground and a guaranteed £100mil in tv money each year. Ashley knows fine well he can expect more than £300mil Link to comment Share on other sites More sharing options...
rogerbarton 24 Posted November 21, 2017 Share Posted November 21, 2017 £260-£280m is about right, according to this wordy piece: http://www.chroniclelive.co.uk/sport/football/football-news/how-much-newcastle-united-really-13812059 Link to comment Share on other sites More sharing options...
trooper 940 Posted November 21, 2017 Share Posted November 21, 2017 18 minutes ago, rogerbarton said: £260-£280m is about right, according to this wordy piece: http://www.chroniclelive.co.uk/sport/football/football-news/how-much-newcastle-united-really-13812059 If that article's right its roughly what Stavely is believed to have offered then i can only see her improving up to £300 million. That would still be some way short of Ashleys cut price valuation from £400 million to £380 million. This has got disaster written all over it. Link to comment Share on other sites More sharing options...
Dr Gloom 19801 Posted November 21, 2017 Share Posted November 21, 2017 35 minutes ago, trooper said: If that article's right its roughly what Stavely is believed to have offered then i can only see her improving up to £300 million. That would still be some way short of Ashleys cut price valuation from £400 million to £380 million. This has got disaster written all over it. Link to comment Share on other sites More sharing options...
Monkeys Fist 38709 Posted November 21, 2017 Share Posted November 21, 2017 I’m sure you chaps have gone in to the thrilling financial details, but there’s one very important question about our potential new owner that needs answering. The answer is yes. Right in the stinker. 2 Link to comment Share on other sites More sharing options...
wykikitoon 16598 Posted November 21, 2017 Share Posted November 21, 2017 Link to comment Share on other sites More sharing options...
Kid Dynamite 5900 Posted November 21, 2017 Share Posted November 21, 2017 50 minutes ago, Ant said: Milan was bought for way less it was 720m euro which included 230m of debt... http://www.telegraph.co.uk/football/2017/04/14/ac-milan-sale-tochinese-led-consortium-worth-1billion/ Whichever way you chop it up it's significantly more than NUFC and our deal includes a ground. For every financial expert that says we are worth £260mil there's another one that says we are worth £360mil Link to comment Share on other sites More sharing options...
Kid Dynamite 5900 Posted November 21, 2017 Share Posted November 21, 2017 14 minutes ago, Ant said: Milan are worth/cost considerably more than Newcastle... There's a shock they're not comparable, they're an elite brand with a huge history, much better youth/training setup, fancy new complex and plans for a new stadium Man City were bought for £210 We have plus points one team city etc but we're not Milan orJuve they're going to command a premium Man City were bought for £210mil when the premier league was far less lucrative. Their recent stake sold puts their current value at £2.05billion Link to comment Share on other sites More sharing options...
adios 717 Posted November 21, 2017 Share Posted November 21, 2017 Aye, @Happy Face in absentia (RIP), KD's numbers look closest to reality. Link to comment Share on other sites More sharing options...
Kid Dynamite 5900 Posted November 21, 2017 Share Posted November 21, 2017 I'm clearly not arguing we are worth the same as AC Milan. But it's a good barometer and suggests £350mil wouldn't be over the odds Link to comment Share on other sites More sharing options...
Tdansmith 2094 Posted November 21, 2017 Share Posted November 21, 2017 1 hour ago, Monkeys Fist said: I’m sure you chaps have gone in to the thrilling financial details, but there’s one very important question about our potential new owner that needs answering. The answer is yes. Right in the stinker. That's a disgraceful and sexist post and if you post pictures like that again i will have to report you, especially if its more than one picture, maybe 10 or 20. Link to comment Share on other sites More sharing options...
Kitman 2188 Posted November 21, 2017 Share Posted November 21, 2017 1 hour ago, Monkeys Fist said: I’m sure you chaps have gone in to the thrilling financial details, but there’s one very important question about our potential new owner that needs answering. The answer is yes. Right in the stinker. At last we're getting to the important issues of this deal 1 Link to comment Share on other sites More sharing options...
Isegrim 8870 Posted November 21, 2017 Share Posted November 21, 2017 9 hours ago, David Kelly said: I noticed in the report on the sky sports website about this, they made mention that Staveley's lawyers are Freshfields. As far as I can see, Chris Mort is still a partner with them. I wonder if he's playing any role in this. He is involved according to legalweek.com. Didn’t they fall out later about how much pay Ashley was due to pay for Mort’s time as a chairman? Mort will have to do a proper due diligence though... 1 Link to comment Share on other sites More sharing options...
RobinRobin 9193 Posted November 22, 2017 Share Posted November 22, 2017 5 hours ago, Kid Dynamite said: our deal includes a ground. The ground is owned by the Council, I think, and is only leased. Link to comment Share on other sites More sharing options...
adios 717 Posted November 22, 2017 Share Posted November 22, 2017 I thought that changed at some point. Didn't Ashley sell off some of the land for development in recent years? Link to comment Share on other sites More sharing options...
Kitman 2188 Posted November 22, 2017 Share Posted November 22, 2017 52 minutes ago, adios said: I thought that changed at some point. Didn't Ashley sell off some of the land for development in recent years? iirc he sold off land in Strawberry Place previously acquired by the football club to enable ground expansion. Which is now impossible, the fat wanker. However I thought the council owned the freehold for the ground, which the club leases, and the club owns the stands/facilities built on it? Link to comment Share on other sites More sharing options...
ewerk 26271 Posted November 22, 2017 Share Posted November 22, 2017 Correctamundo. Link to comment Share on other sites More sharing options...
Alex 30367 Posted November 22, 2017 Share Posted November 22, 2017 10 hours ago, Ant said: Milan was bought for way less it was 720m euro which included 230m of debt... Did he just make that figure up? Link to comment Share on other sites More sharing options...
ohhh_yeah 2765 Posted November 22, 2017 Share Posted November 22, 2017 Newcastle United: A club waiting to be loved again The worst bit is the waiting. The sight of a finishing line coming into view promises blessed relief, but also hammers home the length of the race and the tiredness in the legs. As soon as St. James Holdings Limited announced in October that they intended to sell Newcastle United by Christmas, there was only one festive gift coveted by those on Tyneside. Father Christmas should expect plenty of repetition in letters from this particular part of the world. The same question is on the lips of every Newcastle United supporter: ‘Any news on the takeover?’ Some persuade themselves that no news is bad news, filling the vacuum with cynicism and doubt. Others choose the opposite; no news means that Mike Ashley hasn’t undermined their chances of happiness once again. Hours turn into days. Allowing the off-pitch noise to nudge on-pitch events from the forefront of a supporter’s mind is a tragedy, but inevitable. A club’s success is not the catalyst for good morale, but a symptom. Achievement on the field is a reflection of harmony away from it. So Newcastle United is being carried on the shoulders of supporters. But they need help. The presence of Rafael Benitez on the touchline is the only effective barrier between those supporters and complete negativity, and even that can only be temporary. At some point, Benitez too will be strangled by the smog. No institution can operate indefinitely from the bottom up. Eventually, the actions and behaviour of the leadership will shape performance and mood, for better or worse. All Newcastle United fans are all clear on one thing: They’ll believe good news when they see it. False dawns have followed dark nights. Supporters are so downtrodden by the cycle of hope and despair that they barely know how to treat either imposter. So instead they sing and sing as they did in the bars of Old Trafford on Saturday: “When Ashley goes, we’re on the pitch.” Most of the stories regarding Newcastle United’s potential takeover have focused on lavish spending once the deal has been done. The most outrageous, splashed on the back page of the Daily Express, claimed that Benitez would be given as much as £500m to spend on new players in two transfer windows. This club’s record transfer is still the £16m paid for Michael Owen in 2005. That focus in understandable in the wider context of the game, where nothing continues to sell quite like transfer rumours and eye-watering figures. Some – perhaps the younger generation – Newcastle fans may be captivated by the thought of expensive recruits. After a perceived lack of investment from Ashley in the playing staff, Benitez would surely appreciate the opportunity to mould a squad around ideals rather than budget. Nobody should be dissuaded from day-dreaming. Yet to focus purely – or even predominantly – on money is to emphatically miss the point. This communal desperation, the urge for good news, is based on emotions that run far deeper than Newcastle’s league position or record transfer fee. This is a story of unrequited love. Newcastle United are a different club to any other in England; that is a statement of fact rather than opinion and should not cause eyes to roll. They are exceptional as a one-club city in an urban area containing over three-quarters of a million people. The only equivalent in this country is Leeds, but Leeds boasts the grounds of Leeds Rhinos and Yorkshire Cricket Club as alternative places of sporting worship. Newcastle Falcons, the second sporting club in the area and based in Gateshead, average attendances of around 7,000. At 51,106, Newcastle United had the 15th highest attendance in European football last season. They were a second-tier club. If that all makes Newcastle unusual, the deep connection between club and city makes it unique. This community’s week is centred around Saturday 3pm. The many thousands who throng in the pubs of the city and walk up Strawberry Lane and Gallowgate every other Saturday do so with the mood of the next seven days at stake. Those that journey from the north east on those achingly long away trips down south do so from some of the poorest areas of the country, places that London wilfully ignores and does its best to forget. They demonstrate not just a long-lasting love, love as habit, but an animated lust for their club. That love is ethereal, but it has practical consequences. “The love I could feel from the fans was a big influence in my decision,” said Benitez when he made the decision to stay with a then-Championship club. “My hairs stood on the back of my neck and I will never forget it, it was so emotional,” said Joselu of the noise when he was substituted having scored on his home debut in August. Joselu likens Newcastle to Madrid for the obsession that permeates every part of city life. It’s fair to say the two clubs of that city have enjoyed slightly different fortunes to Newcastle United. There is nothing quite as sad as unreciprocated love. Newcastle fans put themselves at the mercy of Mike Ashley in 2007, and they have had that commitment thrown back at them. Ashley has enjoyed some success, but since the resignation of Kevin Keegan in September 2008 there has been mistrust of his methods and suspicion that the club is in unsafe hands. Almost since then, St. James’ Park has dominated the city’s skyline like a prison, not a palace. As his ownership now enters its final stages, Ashley perhaps does not realise just how close he came to causing unbreachable rifts between Newcastle United supporters and their club. Plenty I know certainly stopped attending away games in such regularity, and a boycott of the home game against Tottenham in April 2015 prompted as many as 20,000 fans to stay away from the match. Many of those could never previously have envisaged missing a home game, but patience in every marriage has its limits. Therein lies the conundrum for every supporter of a mismanaged and mistreated club. The appropriate punishment is to hit the owner in the pocket where it hurts most, but in doing so you are allowing your tormentor to win. When going to the football is the highlight of your week, non-attendance punishes you more than them, particularly when ticket revenue is such a small part of the whole. So why should they win? Why should anyone stop making the same pilgrimage as their ancestors? Whoever’s name is above the door, and whoever holds the key; they’ll never own our football clubs, they belong to you and me. The best response is not to fall silent, but to sing louder, to declare your love for your club in beery voices with your friends and wait for that love to be returned in kind. One day they’ll appreciate you. One day they’ll return your calls. Newcastle United supporters now take their joy from individual moments rather than the club’s general direction, like Dwight Gayle’s opening goal at Old Trafford on Saturday. For a few precious seconds, Mike Ashley, PCP Partners and due diligence didn’t matter, and football was a simple game once more. And then reality hits, four unanswered goals by a team with whom Newcastle United once competed. At its most basic level, a football club should be a social institution. Even if every match is lost, the home ground should be a place of shelter and belonging, where everyone is at least attempting to pull in the same direction. If Newcastle are even being pulled at all, it is down beneath the surface. More accurately, this is a club standing in stagnant water, left out to rust in the rain like a long-forgotten child’s Christmas present. If good things come to those who wait, Newcastle United supporters will celebrate the change at the top with more glee than one hundred goals combined. When Ashley goes, they’re on the pitch. Partly because he never quite understood how much it all meant to this city, and partly because he was never willing to find out. http://www.football365.com/news/f365-says-newcastle-united-waiting-to-be-loved-again 1 Link to comment Share on other sites More sharing options...
The Fish 8986 Posted November 22, 2017 Share Posted November 22, 2017 Link to comment Share on other sites More sharing options...
wykikitoon 16598 Posted November 22, 2017 Share Posted November 22, 2017 Canny read Link to comment Share on other sites More sharing options...
Alex 30367 Posted November 22, 2017 Share Posted November 22, 2017 Kingston Park isn't in Gateshead like Link to comment Share on other sites More sharing options...
McFaul 35 Posted November 22, 2017 Share Posted November 22, 2017 Fish being abused on RTG regarding this subject. They'd love the opportunity to debate this about Sunderland. Link to comment Share on other sites More sharing options...
wykikitoon 16598 Posted November 22, 2017 Share Posted November 22, 2017 How you doing Stevie? Fish gets abuse everywhere tbf Link to comment Share on other sites More sharing options...
Kid Dynamite 5900 Posted November 22, 2017 Share Posted November 22, 2017 6 hours ago, Alex said: Did he just make that figure up? Let the hate go Alex, it will make you a better person Link to comment Share on other sites More sharing options...
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