NUST unveil glittering array of major business players.
Posted on January 15th, 2010 | 202 Comments |
First cab off the rank is the Delphi Partnership. They are a corporate finance business based in London, but they have strong North East connections through partner, John Sands, a former North East “Executive of the Year”, and neighbour of former Toon owner, Sir John Hall.
The second company to be unveiled is Whickham firm, the HRC Group, a financial management company. They will work with the NUST on compliance issues, which have been a major stumbling block for the NUST so far.
It was also announced that Leeds accountants, Hentons, have been working with the trust in an advisory role. NUST also announced that the Trust have also been working with a “leading Newcastle legal firm”, however their idendity is been kept a closely guarded secret at this stage.
On the grand unveiling, NUST spokesman, Mark Jensen said:
“Our partners have a proven track record in providing the very best advice and we will be announcing further partners in the next weeks.
“We’re entering an exciting phase and since the current owners have set out their exit strategy we are keen to speed up our campaign and ensure the legal position is portrayed correctly.
“Having read some comments attributed to the club, we would assure them that we’ve thought about how we develop the club and re-connect it with its community and our plans when finalised will demonstrate that.”
Meanwhile, local newspaper, The Chronic have quoted a “source close to the Trust” as saying:
“We know the fans need to play an integral part in the re-birth of the club and we feel the current playing staff have really performed, including the manager Chris Hughton, but the uncertainty created by Mr Ashley’s commitment to put the club back on the market may destabilise that.
“We want to assure fans, players and the current manager that we back their efforts 100% and we’re confident the fans will consistently amaze the rest of the footballing world with their loyalty.”
Though at the time of writing, Mr Ashley has not made any announcement of a commitment to put the club back on the market after the previous two failed attempts.
Meanwhile, some confusion has also arisen as to whether the NUST’s proposed bid will be for the whole club, or merely part of it. Writing in the Tuesday’s Times, in a piece called “It’s time to end the negativity in the North East” that was also published on the NUST website, North East football writer, George Caulkin announced:
“At some stage, the NUST will seek to purchase a portion of the club from Mike Ashley. For the record, they are well aware that they cannot buy Newcastle outright; the aim is to take a percentage and build from there.”
However the NUST website only mentions that they are seeking full control of the club, and indeed, it is highly doubtful that any part ownership could work after the outspoken statements by the Trust on Ashley’s tenure as owner of Newcastle United, and their stated intention to eventually drive him out of the club completely.
NUFCBlog Author: workyticket
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