Lucian
First Team Starter
Posts: 7,782
Joined: Jan 2009
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Newcastle bidders lacked money to buy club, says Derek Llambias
Hmm let me guess the transfer window its about to open ffs shut your hole..
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Writing in his programme notes ahead of this afternoon's derby with Middlesbrough, Llambias said: "We did receive several bids that met the £100m asking price but, despite giving all parties involved our full support in their attempts to push the sale through, only two of those parties completed the due diligence process and reached the sale purchase agreement stage.
"Once those documents were in place, the necessary funding required to complete the sale of the club never actually materialised. So while there were bids on the table, when it came to the crunch none of the bidders actually came up with the agreed funds
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| 20th December 2009 12:09 PM |
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tino
First Team Regular
Posts: 11,960
Joined: Jan 2009
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Newcastle bidders lacked money to buy club, says Derek Llambias
does anyone believe a word this joker says?
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| 20th December 2009 01:19 PM |
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Jason Mackemtears
Unregistered
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Newcastle bidders lacked money to buy club, says Derek Llambias
The Man is a Retard. Simple as.
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| 20th December 2009 02:05 PM |
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omenator
Unregistered
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Newcastle bidders lacked money to buy club, says Derek Llambias
mmmmm
Quote:We did receive several bids that met the £100m asking price
Quote:So while there were bids on the table, when it came to the crunch none of the bidders actually came up with the agreed funds
mmmm yeah sure Derek my old son, they would waste their time meeting the price and then not having the funds to put the sale through
nothing like a bit of contradiction in the same quote
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| 20th December 2009 05:08 PM |
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BIFFAPOTAMUS
Youth Team
Posts: 274
Joined: Jan 2009
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Newcastle bidders lacked money to buy club, says Derek Llambias
tino Wrote:does anyone believe a word this joker says?
I believe him. He's an honest, 'genuine kinda guy'.
Deluded Geordie,
21 Delusion Row,
Deluded Ville,
Believeanyshiteshire
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| 20th December 2009 05:08 PM |
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Brassneck
Unregistered
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Newcastle bidders lacked money to buy club, says Derek Llambias
BIFFAPOTAMUS Wrote:I believe him. He's an honest, 'genuine kinda guy'.
Deluded Geordie,
21 Delusion Row,
Deluded Ville,
Believeanyshiteshire
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| 20th December 2009 05:10 PM |
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rotti
First Team Regular
Posts: 15,979
Joined: Jan 2009
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Newcastle bidders lacked money to buy club, says Derek Llambias
Nearly 50k today  
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| 20th December 2009 05:28 PM |
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Workshy Fop
First Team Benchwarmer
Posts: 3,738
Joined: Mar 2009
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Newcastle bidders lacked money to buy club, says Derek Llambias
omenator Wrote:mmmm yeah sure Derek my old son, they would waste their time meeting the price and then not having the funds to put the sale through
nothing like a bit of contradiction in the same quote
To be slightly fair, a lot of business is done "on a promise" from financial backers that withdraw at the last minute. I was involved with the redevelopment of Donington Park for the F1 next year and the gobshite who owned the place insisted the money was there, and so about a million quid's worth of work was done "on a promise", including ripping up the track and destroying Donington's revenue source, only for the owner's backers to fail to materialise and the whole project to go tits up, leaving him a million quid out of pocket and with no means of making his money back.
Risky business, business.
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| 21st December 2009 10:13 AM |
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