40,000 crowds help MoatThe 40,000 crowds we’ve been getting at home games could help Barry Moat’s attempts to take over Newcastle United Football Club.
According to a recent article in The Journal, Moat’s original business plan was based on the Toon attracting 25,000 for home games. I have no idea how The Journal knows that but if we assume it’s true for a minute then the 15,000 additional fans we’ve been attracting could provide leverage for Moat in his negotiations with Barclays about the overdraft.
To be honest, I still wonder what the actual cost of the club will be to Moat or any other potential buyer. We know Ashley’s asking £100m and it has been suggested that the club has drawn £20m on it’s £40m overdraft facility but it’s still not clear to me what happens about the £100m Ashley loaned to the club to clear the debts. (more…)
Have a little patientsSo, as ever, the situation at St James’ is as clear as the River Tyne. One minute we hear Rob Lee lamenting the missed opportunity as Big Al is apparently certain to walk away in frustration. And already we hear those claims being rubbished on the same day by our favourite fellow ‘the source’.
The source said:
“There is no chance Alan will give up on becoming Newcastle United’s permanent manager. He will not walk away and he continues to wait for news regarding the sale of the club.”
Being brutally honest, it sounds like the wishful thinking of a fan. In fact, it’s not far off from what I’m thinking or at least hoping, despite a previous article in which I implied that Shearer will be reaching the end of this tether. After all, how long can Shearer sit around waiting for a decision one way or another before it gets just a little bit silly? Yes, he’s black and white through and through but that loyalty should not be abused. (more…)
