Archive for tag: New Bidder.

Newcastle United – News Roundup – 16 August 2009.

August 16th, 2009 | 25 Comments |

Moat still in pole position?
Moat still in pole position?
The Mirror claims that a new bidder is going to enter the race to buy Newcastle United before Wednesday’s deadline, although they say Barry Moat still remains in pole position.

Apparently the bid will be made direct to Ashley, rather than Keith Harris at Seymour Pierce, and – I presume – without having performed a due diligence. A ‘source close to the bidders’ had this to say:

There have been so many D-days and so many false dawns that they have done their best to keep this late move under wraps.

This offer has been properly planned and has cost a lot to put together.

It will be a credible offer and if Mike Ashley is serious about selling the club he will seriously consider it.

Ashley has said he will take the club off the market if his latest deadline isn’t met, but this offer should give him something to think about.

Something will happen in the next couple of days.

It is being made directly to Ashley and his advisers and that is all that can be said about it at the moment.”

I must admit I’m wearing my doubtful face again. (more…)