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Mike Ashley is the name apparently...
At this rate, you'll need a billionaire owner to compete in the EPL...
Mike Ashley is the name apparently...
At this rate, you'll need a billionaire owner to compete in the EPL...
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Dick Grayson
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110%
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Rosicky
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Fey
TM
Sheffield gunner
fcb
Cesc Soler
theflyingfrenchman
Parks lives
Football Genius
Kimbo
Roger Hunt
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34 posters
Billionaire Buys Newcastle
Hlebagone- Number of posts : 6086
Age : 35
Registration date : 2007-03-17
Roger Hunt- Number of posts : 10115
Age : 54
Registration date : 2006-08-07
He's only bought 41.6% which doesn't give him control. So Fat Freddy survives, at least for now...
...where's Kimbo?
...where's Kimbo?
Hlebagone- Number of posts : 6086
Age : 35
Registration date : 2007-03-17
Id imagine that its pretty much inevitable if he has 41% and thats far more than enough to influence board decisions...
Kimbo- Number of posts : 38171
Registration date : 2006-08-06
FUCKING HELL!!! He's bought 41.6% off the Halls for £55m. It's true! f@ck!
Kimbo- Number of posts : 38171
Registration date : 2006-08-06
Roger Hunt wrote:He's only bought 41.6% which doesn't give him control. So Fat Freddy survives, at least for now...
...where's Kimbo?
It makes him the majority shareholder, Freddy only has about 28%. It's only a matter of time.
I knew something was going on. I looked at the share price this morning and it was up to 84p, 20p higher than it was a couple of weeks ago. And Fat Freddy was saying he wasn't interested in selling, despite there being no speculation.
Football Genius- Number of posts : 7743
Age : 40
Supports : Liverpool
Registration date : 2006-08-07
A new era for the Magpies,
New Owner,
New Manager,
New Money....
Only concern i would have is that Mike Ashley has set up a company to purchase the club, thus the clubs assets will be up for grabs IF the club EVER went under.
As opposed to being a private individual.
He made around 100 million last year through his corporate company, so hes a wealthy man
New Owner,
New Manager,
New Money....
Only concern i would have is that Mike Ashley has set up a company to purchase the club, thus the clubs assets will be up for grabs IF the club EVER went under.
As opposed to being a private individual.
He made around 100 million last year through his corporate company, so hes a wealthy man
Parks lives- Number of posts : 34521
Age : 43
Favourite Player : The Ginger One
Registration date : 2006-08-06
Kimbo wrote:Roger Hunt wrote:He's only bought 41.6% which doesn't give him control. So Fat Freddy survives, at least for now...
...where's Kimbo?
It makes him the majority shareholder, Freddy only has about 28%. It's only a matter of time.
I knew something was going on. I looked at the share price this morning and it was up to 84p, 20p higher than it was a couple of weeks ago. And Fat Freddy was saying he wasn't interested in selling, despite there being no speculation.
Any chance Freddy will cave in?
theflyingfrenchman- Number of posts : 4290
Age : 34
Supports : BWFC, France, Rennes, Auxerre, Lorient
Favourite Player : Diouf, Anelka, Diagne-Faye, Henry, Toulalan
Registration date : 2006-08-14
FFS, why can't someone buy us?
Kimbo- Number of posts : 38171
Registration date : 2006-08-06
54th richest person in Britain.
Seriously, i've just cum.
Seriously, i've just cum.
Cesc Soler- Number of posts : 9944
Age : 39
Supports : Arsenal FC
Registration date : 2007-03-24
He will buy out the other shareholders and become the sole owner by August then.
Is he a local man.
Is he a local man.
Kimbo- Number of posts : 38171
Registration date : 2006-08-06
Parks lives wrote:Kimbo wrote:Roger Hunt wrote:He's only bought 41.6% which doesn't give him control. So Fat Freddy survives, at least for now...
...where's Kimbo?
It makes him the majority shareholder, Freddy only has about 28%. It's only a matter of time.
I knew something was going on. I looked at the share price this morning and it was up to 84p, 20p higher than it was a couple of weeks ago. And Fat Freddy was saying he wasn't interested in selling, despite there being no speculation.
Any chance Freddy will cave in?
Being the majority shareholder he can choose the chairman, so Fat Fred won't have a big influence even if he does stay. But if this guy wants 100% of the club he will get it.
Kimbo- Number of posts : 38171
Registration date : 2006-08-06
Cesc wrote:He will buy out the other shareholders and become the sole owner by August then.
Is he a local man.
From Buckinghamshire, so atleast he's English.
fcb- Number of posts : 40471
Age : 113
Supports : FC Barcelona
Registration date : 2006-08-11
Wow, good news out of nowhere
Kimbo- Number of posts : 38171
Registration date : 2006-08-06
http://news.bbc.co.uk/1/hi/business/6684573.stm
Billionaire businessman Mike Ashley has launched a £133.1m ($263m) offer for Newcastle United football club.
The offer came after the retail entrepreneur said he had bought a 41.6% stake in the Premiership team from Sir John Hall's family for more than £55m.
Mr Ashley said his firm St James Holdings Limited (SJHL) had bought 55.3 million shares in the club at 100 pence a share.
He added that his offer priced the rest of the club's shares at the same level.
Earlier this year Mr Ashley earned himself more than £900m after the flotation of his Sports Direct retail chain which he set up in 1982.
The group runs the Sports World retail chain and Lillywhites, and its brands include Dunlop, Kangol and Karrimor.
SJHL added that the offer price represented a 19% premium on the 84p closing price of Newcastle's shares on Tuesday 22 May.
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I said at christmas that a takeover was inevitable, i was right, kudos to me.
Billionaire businessman Mike Ashley has launched a £133.1m ($263m) offer for Newcastle United football club.
The offer came after the retail entrepreneur said he had bought a 41.6% stake in the Premiership team from Sir John Hall's family for more than £55m.
Mr Ashley said his firm St James Holdings Limited (SJHL) had bought 55.3 million shares in the club at 100 pence a share.
He added that his offer priced the rest of the club's shares at the same level.
Earlier this year Mr Ashley earned himself more than £900m after the flotation of his Sports Direct retail chain which he set up in 1982.
The group runs the Sports World retail chain and Lillywhites, and its brands include Dunlop, Kangol and Karrimor.
SJHL added that the offer price represented a 19% premium on the 84p closing price of Newcastle's shares on Tuesday 22 May.
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I said at christmas that a takeover was inevitable, i was right, kudos to me.
Sheffield gunner- Number of posts : 16403
Age : 39
Supports : Arsenal
Registration date : 2006-08-07
Any indication yet of how heavily he will invest in the club? Are we looking at a mini-Chelsea situation, or (more likely) Newcastle being able to spend £30-40m each year on transfers?
I guess Newcastle should be looking to be top 5 next season and closing the gap to the CL places with this new investment and a good new manager at the club.
I guess Newcastle should be looking to be top 5 next season and closing the gap to the CL places with this new investment and a good new manager at the club.
fcb- Number of posts : 40471
Age : 113
Supports : FC Barcelona
Registration date : 2006-08-11
Newcastle spend a lot every summer anyway, so I don't think there'll be much of a difference. tbh I think this investment will be more along the lines of developing the area around the stadium and other commercial aspects of the club. The footballing side has never really been short of money, just common sense.
fcb- Number of posts : 40471
Age : 113
Supports : FC Barcelona
Registration date : 2006-08-11
BBC article:
http://news.bbc.co.uk/1/hi/business/6684573.stm
http://news.bbc.co.uk/1/hi/business/6684573.stm
Kimbo- Number of posts : 38171
Registration date : 2006-08-06
He's worth 1.9b according to the sunday times rich list. He owns Sports World, JJB, and Dunlop Slazenger.
Football Genius- Number of posts : 7743
Age : 40
Supports : Liverpool
Registration date : 2006-08-07
Well we all know whats going to dominate your sponsorship boards next season Kimbo 
Parks lives- Number of posts : 34521
Age : 43
Favourite Player : The Ginger One
Registration date : 2006-08-06
Kimbo wrote:He's worth 1.9b according to the sunday times rich list. He owns Sports World, JJB, and Dunlop Slazenger.
Just think, you'll have to buy other teams players now and rob them of good teams.
Kimbo- Number of posts : 38171
Registration date : 2006-08-06
Parks lives wrote:Kimbo wrote:He's worth 1.9b according to the sunday times rich list. He owns Sports World, JJB, and Dunlop Slazenger.
Just think, you'll have to buy other teams players now and rob them of good teams.
Hurrah, we can turn our reserves side into a midtable standard team. Just for the sake of greed.
fcb- Number of posts : 40471
Age : 113
Supports : FC Barcelona
Registration date : 2006-08-11
Kimbo wrote:He's worth 1.9b according to the sunday times rich list. He owns Sports World, JJB, and Dunlop Slazenger.
So basically his company is the sponsor of Wigan...so Newcastle can pick and choose whatever players they like (example: Baines) and force Wigan to give up 6 points every year
But I bet the Premier League will find some or the other legal problem in this
fcb- Number of posts : 40471
Age : 113
Supports : FC Barcelona
Registration date : 2006-08-11
It's already on Wikipedia. Check out the last line in the "Newcastle United" paragraph 
http://en.wikipedia.org/wiki/Mike_Ashley_(businessman)/
http://en.wikipedia.org/wiki/Mike_Ashley_(businessman)/
Parks lives- Number of posts : 34521
Age : 43
Favourite Player : The Ginger One
Registration date : 2006-08-06
Also is Sam's job 100% safe?
fcb- Number of posts : 40471
Age : 113
Supports : FC Barcelona
Registration date : 2006-08-11
Parks lives wrote:Also is Sam's job 100% safe?
Yeah he's already said something about looking forward to exciting times under the new manager, blah blah.
Parks lives- Number of posts : 34521
Age : 43
Favourite Player : The Ginger One
Registration date : 2006-08-06
Good stuff.
Kimbo- Number of posts : 38171
Registration date : 2006-08-06
Parks lives wrote:Also is Sam's job 100% safe?
Yup. From his statement - "I am sure that, like me, they are already excited about the prospects for next season under the new manager's stewardship."
TM- Number of posts : 21218
Age : 34
Supports : PROGRESS!
Favourite Player : Luis Figo
Registration date : 2006-08-16
Top three in the world
Fey- Number of posts : 35349
Supports : Feyenoord and Manchester United
Favourite Player : ??#$ Error, John Guidetti, Jordy Clasie
Registration date : 2006-08-07
Awful news, another team to the dogs! So I expect that the Newcastle fans are going to create "Who should we buy" threads as well then 
Sad day for football. And the final has yet to be played
Sad day for football. And the final has yet to be played
Kimbo- Number of posts : 38171
Registration date : 2006-08-06
Fey wrote:Awful news, another team to the dogs! So I expect that the Newcastle fans are going to create "Who should we buy" threads as well then
Sad day for football. And the final has yet to be played
I don't think we'll become a sugar daddy club, he's doesn't seem to be the type to throw money around left right and center.
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