Newcastle takeover will be decided this week


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Newcastle takeover will be decided this week
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Lucian Offline

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Newcastle takeover will be decided this week

Newcastle's ownership will be decided this week, possibly as early as Tuesday, as Mike Ashley considers whether to accept an offer to buy the club from Tyneside businessman Barry Moat..


Moat is keen to conclude a deal by the end of the week in order to allow Alan Shearer, his chosen manager, time to buy or sell players before the transfer window closes.

Moat is understood to have secured the financing required to complete the deal if Ashley is willing to accept his offer, thought to be in the region of £70-£80 million.

Crucially Moat is understood to have secured the backing of Barclays, which provides the £40 million overdraft that allows the club to operate.

It is understood that Barclays has been seeking assurances that the debt will be reduced as part of the takeover. It is though that the proceeds of recent player sales that have seen Obafemi Martins and Sebastien Bassong leave the club have not been used to reduce debt



Barclays is thought to be well-disposed to the Moat takeover, however, and has received reassurances that his proposal is solid. Moat is putting up some of the money to buy the club himself, with the balance coming from investors.


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18th August 2009 06:59 AM
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viana45 Offline

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Post: #2
Newcastle takeover will be decided this week

Heard it all before

Time to pray I think
18th August 2009 07:30 AM
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toonarmy09 Offline

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Newcastle takeover will be decided this week

these cockney wankers just stumble from 1 lie to the next

wont take no less than 100 mill

we have 2 or more 100mill bids on the table

couldnt tell the truth to save there lives bastards
18th August 2009 07:36 AM
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NE1 Offline

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Newcastle takeover will be decided this week

TBH..

If i was Mr Moat, and the cockney cunt was jerking me around, there is noway I would sit next to him at the match.

I would be telling the world how I had made a canny bid, but the cunt had turned it down wanting more and more money, non-disclosure agreement withstanding, of course.

I would treat him with the contempt he deserves.


So, maybe the silence from Mr Moat, speaks volumes.
18th August 2009 07:39 AM
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Ryton Mag Offline

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Newcastle takeover will be decided this week

If the money from recent transfers isn't being used to reduce the overdraft then what is it being used for ????
18th August 2009 07:50 AM
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viana45 Offline

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Newcastle takeover will be decided this week

Ryton Mag Wrote:If the money from recent transfers isn't being used to reduce the overdraft then what is it being used for ????

Room service the fat cunt
18th August 2009 07:57 AM
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toonarmy09 Offline

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Newcastle takeover will be decided this week

the given and milner money would half the overdraft straight away
18th August 2009 07:58 AM
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DUMFRIESGEORDIE Offline

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Newcastle takeover will be decided this week

line the fuck cunts pocket!
18th August 2009 07:58 AM
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Stoner Offline

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Post: #9
Newcastle takeover will be decided this week

Lucian Wrote:possibly
Moat is understood
thought to be
Moat is understood
It is understood
It is thought
Barclays is thought
Hmmmm?
18th August 2009 08:56 AM
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Venegoor Offline

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Post: #10
Newcastle takeover will be decided this week

Stoner Wrote:Hmmmm?


Was that Hmmmmmmmmm a thought, or a direct attributable Hmmmmmmmmmmm?
18th August 2009 08:59 AM
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Stoner Offline

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Newcastle takeover will be decided this week

My eyebrows were raised while 'hmmmmmm'ing.
18th August 2009 09:04 AM
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Venegoor Offline

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Newcastle takeover will be decided this week

Stoner Wrote:My eyebrows were raised while 'hmmmmmm'ing.


*Taps nose knowingly*
18th August 2009 09:07 AM
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Jinkyjim Offline

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Post: #13
Newcastle takeover will be decided this week

Ryton Mag Wrote:If the money from recent transfers isn't being used to reduce the overdraft then what is it being used for ????


The Club owes him £100m aswell as the £40m overdraft, I would think he is taking 'HIS' money out first, seeing as no one want's to pay him it, as part of the purchase....
18th August 2009 09:16 AM
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Jinkyjim Offline

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Newcastle takeover will be decided this week

I know I fucking would...
18th August 2009 09:16 AM
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