Archive for tag: Mike Ashley.

The Profitable Group will build from the black.

June 9th, 2009 | 21 Comments |

Ex Liverpool midfielder and Profitable Group represetative, Steve McMahon. — Profitable Group represetative, Steve McMahon.

Many a successful team plays out of their back four. It would seem our potential and apparently popular suitors, The Profitable Group, would instead be building from the ‘black’. Quotes from The Telegraph ‘insider’ as opposed to a ‘spokesperson’, tell us that this group is financially responsible and see it as imperative to consolidate our debts and clean up the balance sheet and presumably ensure we’re self-sufficiently funded, should they gain ownership.

TPG – (more…)

I predict a riot.

June 9th, 2009 | 35 Comments |

Sorry, I don’t know why my article headlines are inspired by the music industry. I guess there are many fitting titles out there for the current state of the club, come to think of it. Anyway, that’s not where this is going.

Look back two years to the month – June 2007 and Mike Ashley buys Sir John Hall’s 41.6% stake in the club and before you know it, he’s bought up the whole lot by July. Our new incumbent looking to the future with an impressive CV, ambition, fresh ideas, a loaded wallet and here to have fun apparently. Oh how did it all go so horribly wrong? (more…)

Et tu, Bruté?

June 8th, 2009 | 30 Comments |

caesar Scene 1: Rome 44B.C. Julius Caesar was fighting off an attack by a murderous group of Senators – “Et tu, Bruté?” (meaning “and you Brutus?”) were the words uttered by Caesar to his closest friend Marcus Brutus – when Caesar saw that he too was involved with the murderous group. Caesar lost his will to fight back on seeing the betrayal and allowed the Mob to cut him and kill him. It was the ultimate betrayal by a man who Caesar had loved as a brother.

Scene 2: Newcastle 2007

Mike Ashley buys Newcastle and appoints Dennis Wise as a club Director: (more…)

NUFC Statement.

June 8th, 2009 | 12 Comments |

Newcastle United today made an official statement regarding the sale of the club. It reads as follows.

“The board of Newcastle United can today confirm that the club is up for sale at the price of £100 million.

Interested parties should contact Newcastle United at admin@nufc.co.uk (or Keith Harris at Seymour Pierce) for further details.

The club will not be making any further comment at the present time.”

Comments welcome.

Big Sunday: NUFC deal within a fortnight?

June 6th, 2009 | 44 Comments |

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. (more…)