Big Sunday: NUFC deal within a fortnight?

Posted on June 6th, 2009 | 44 Comments |

Mike Ashley considering the future, yesterday.
Mike Ashley considering the future, yesterday.
The Daily Telegraph is today reporting that a meeting on Sunday (tomorrow) may determine the future ownership of our godforsaken club. Telegraph newshound, Duncan White reports that Ashley’s advisers are set to meet with a group of local businessmen interested in buying Newcastle United. He goes on to write that Ashley is looking for an offer in the region of £100 million, a figure already widely reported. Another report however, has suggested that the figure in this case may be closer to £80 million. As to whether any of the “local businessmen” were fan favourites, “Fat” Freddy Shepherd or Douglas “weaselface” Hall, it didn’t say.

It has been previously reported (in the Daily Hate Mail) that the local consortium had Middle Eastern backing, though this does sound rather far-fetched to say the least.

White goes on to report that “Sunday’s meeting should determine whether these local investors, whose identity has yet to be disclosed, have sufficient funds to complete a takeover”. He also suggests that if the talks are succesful, hopes are that a deal could be struck within a fortnight.

In the meantime, Alan Shearer continues his holiday in Limbo Portugal.

NUFCBlog Author: workyticket workyticket has written 1092 articles on this blog.

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44 Responses

  1. If Hall and/or Shepherd are involved i want ASHLEY TO STAY!

  2. nicely done. anymore improvements coming up you would care to tell me about?

  3. The design isn’t really finished yet ESAMIM, this one is just a temporary thing. There’s lots of extra features I could put in, but I haven’t decided yet. I’m still thinking about the site suggestions. I also have to think about how much of a drain they will put on the server once the site gets more users.

  4. It’s the News of the World though ESAMIM, so it’s probably cobblers! :-)

    Mowbray might have been a decent premiership manager if he just had a few more decent players. I don’t really think that was the case with us.

  5. i thought that when i seen it. ps is this limbo place any good for a holiday i might go there next year haha

  6. I will eat my hat (which is a tasty fedora by the way) if Shearer goes to WBA.

  7. Morning

    I’ve just got such a bad feeling that FFS is gonna emerge as part of this local consortium. I can’t believe some Newcastle fans would welcome the lying, cheating scumbag back to our club. The man is immoral.

  8. those newcastle fans are in the minority. for all ashley’s mistakes he did try and do what was best for the club but all shepherd wants is to make money for himself. if there are more than him involved i cant them letting it happen again. fingers crossed he never comes anywhere near our club again.

  9. anyway i have a improvement for you guys. there should a be a article about rumours about newcastle each day.

    Stoke will battle it out with Blackburn and Sunderland to sign Newcastle’s Alan Smith for £3m. (Various)

    Newcastle striker Michael Owen is wanted by Aston Villa, but the 29-year-old will have to take a £70,000-a-week pay cut to seal the move.
    (Full story: News of the World)

    However, Italian club Roma are also eyeing up a move for the England striker. (Sunday Mirror)
    (Full story: Sunday Mirror)

    Alan Shearer is ready to walk away from Newcastle because owner Mike Ashley is stalling on talks regarding his potential future as manager of the club.
    (Full story: The People)

    This could be because Shearer is not Ashley’s preferred choice for the vacant manager’s post at St James’ Park, and the only way he will become their new boss is if a new buyer for the club is found.
    (Full story: Mail on Sunday)

    Alternatively, Shearer could replace Celtic-bound manager Tony Mowbray at West Brom.
    (Full story: News of the World)

    One potential saviour of Newcastle is former chairman Freddy Shepherd, who is planning to launch a £75m takeover bid to resume control of the club this week. (Sunday Mirror)

    Those would be todays rumours for example.

  10. I doubt many would welcome FFS back with open arms but I suspect a few would see him as a ‘lesser evil’ than Ashley.

    Much as I think Ashley is incompetent and, ultimately, the man responsible for our current demise, I think FFS played his part in that demise with his overspending and lack of management stability following SBR.

    I want neither of them.

  11. Given the choice of the two i would pick Ashley over Shepherd, Hugh. I just hope Fat Fred is not involved in this new consortium supposedly interested in buying the club.

  12. does anyone have any ideas when we find out who the club are playing in pre season?

  13. I would probably pick Ashley too on the basis that his plans were (almost) fine in principle. It was just that he didn’t have a clue how to implement them.

    But I would only pick Ashley if he employed a capable Chairman. I think Ashley without such a Chairman could be just as damaging to the club as FFS.

  14. I think there’s a slight paradox in that we want to see this sale expedited to ensure we’re not left behind in preparing for next season. But the quicker the sale, the more chance there is that we could be sold to the wrong people. Of course, it’s difficult to know who the ‘right people’ are for our beloved club and I’m making a possibly naive assumption that Mike would care either way.

    Must of us agree what we need? –

    – Sound financial backing
    – Experienced football voice on the board
    – Traditional management structure
    – Clean-out of the current squad
    – Educated and decisive purchasing
    – Continued sound investment in youth
    – Enough time to implement the most important parts of the above in readiness to ensure we dont nosedive any further.

    But whether we’ll get it, is a different matter.

  15. I agree BBM, it is a paradox.

    I suppose we should be saying that we’ll tolerate whatever delays are necessary if it ensures we get the right owner.

    But if there are too many delays we risk next season. Even if we’re not risking relegation we could be risking our promotion challenge.

    It’s possible of course that we’re overestimating that risk. Maybe we’re panicking too much about pre-season preparations and such. I don’t know.

  16. These things are problems i can see if a takeover is not completed soon:

    – Shearer might lose patience and not take the job.
    – Left with the overpaid players ie Martins, Nolan, Coloccini, Duff, Butt etc.
    – Miss out on available players like Jordi Gomez and Jermaine Beckford.
    – Administration would be a very real possibility with all the big earners still here.

  17. Interesting Stuart.

    It also sounds like he’s implying ‘local’ interest, which could be other good news or bad news depending on who it is.

  18. 2 more weeks to wait and all the available players are out of our clutches.
    Really wish i had the dosh to buy the club!
    Fat Freddy is definitely interested in buyin but just hope someone else can outbid him.
    He accepts none of the blame for our demise and says it`s all MA`S fault.
    He said “the club was in a good state when he left it”
    What a Tit,we were so in the Red when he left.
    1good thing bout him was he opened his pockets,but the Toothless and mindless managers spending big money on washed up garbage killed us

  19. Hugh de Payen says:
    June 7, 2009 at 8:37 am

    “Workey, do you have your own server?”

    Hi Hugh, I don’t have my “own” server anymore, but I have lots of space on shared servers. This site is one of those.

  20. Ever seen a mackem in Milan says:
    June 7, 2009 at 9:11 am

    “anyway i have a improvement for you guys. there should a be a article about rumours about newcastle each day.”

    That’s a good idea ESAMIM, I was thinking the same thing myself.

  21. batty says:
    June 7, 2009 at 2:23 pm

    “worky is stardust posting under rangerman on eds blog or is it u m8”

    It’s not me batty. Divven’t knaa aboot Stardust like!

    New ‘blog from Bowburn is up now BTW.

  22. bowburnmag says:
    June 7, 2009 at 9:34 am

    “workey – Did you get my email about the blog name?”

    Aye, I did Bowburn. I’m absolutely up to my eyeballs at the moment though!

  23. batty, I think that Stardust’s still playing golf and getting drunk in Scotland. Six pints and he’s pie-eyed! :-)

  24. I’m alright thanks batty, very busy though. Have to go out in a minute, someone’s cooking dinner for me up the road.

    How are you?

  25. workey – nee bother about the mail, I can well understand. I was just checking. I’ll try and get another article up later (before I have too much vino – otherwise I really will waffle).