Toon takeover saga nearly over
Posted on August 18th, 2009 | 19 Comments |
Various media outlets are reporting that the takeover saga at Newcastle United is rapidly approaching its conclusion.
The Telegraph’s ‘source close to the board’ said:
“There are three parties now interested in buying the club from Mike Ashley of which Barry Moat is one and one thing in common for all of them is that the asking price is £100 million all ways round.
“Moat can now be considered as the outsider of three but if the business is not concluded by Friday then there is a problem and there is a good chance the club will be taken off the market.”
So from that report it seems that Moat’s chances aren’t too good.
Other papers are giving him a much better chance, claiming that he has now secured the funds he needs from Barclays Bank and is due to meet Derek Llambias and Mike Ashley at the club’s training ground today.
All the reports seem to suggest that Ashley is demanding the full £100m he was asking and that no lesser sums will be considered. I’d be amazed if he got his £100m but I’d have to give him credit for having the balls to stick it out and let the lesser bidders fall by the wayside.
In other news, Damien Duff’s transfer to Fulham has been completed, apparently for a fee of £2.5m.
former spurs player grame roberts wants the fans backing for a barca style takeover they already have the 100 mill in place