Amanda Staveleys PCP Partners formally offer £300m to buy Newcastle

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The Deluded Pablo Diego Jose Francisco
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Amanda Staveleys PCP Partners formally offer £300m to buy Newcastle

Post by The Deluded Pablo Diego Jose Francisco » Mon Oct 16, 2017 4:08 pm

As a result of increasing press speculation regarding the future of Newcastle United, the owner of the club, St. James Holdings Limited, wishes to clarify its intentions.

As one of the Premier League's oldest and best supported football clubs - and for the benefit of its many fans and supporters in the UK and across the world - Newcastle United requires a clear direction and a path to a bright and successful future.

To give the club the best possible opportunity of securing the positioning and investment necessary to take it to the next level, at what is an important time in its history, its present ownership has determined that it is in the best interests of Newcastle United and its fans for the club to be put up for sale.

To give an incoming owner the maximum possible flexibility to make meaningful investment in the club, including in its playing squad, the sale process will give interested parties the opportunity of deferring substantial payments.

A process will now commence of identifying new ownership for the club that will be capable of delivering the sustained investment in and dedication to the club that is necessary for it to achieve its ambitions.
https://www.nufc.co.uk/news/latest-news ... gs-limited

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He's put the club up for sale and ants a deal done by Christmas!

Source: SSN yellow ticker

http://www.skysports.com/football/news/ ... p-for-sale
Mike Ashley has officially announced his intention to sell Newcastle and his lawyer has confirmed that he is keen to conclude a sale before Christmas.

Ashley took over at St James' Park in 2007 after paying around £134m to acquire 100 per cent of the club's shares but told Sky Sports in August that he was unable to compete with owners at the likes of Manchester City.

Now, in an exclusive interview with Sky Sports, Andrew Henderson of Dentons, who is the lawyer for Ashley's company St James' Holdings, said there was a feeling that "all that can be done has been done" and that it may be time for a change going forward.

As such, Ashley has announced his intention to sell Newcastle after 10 years in charge.

"There has obviously been a lot of press speculation about Mike's intentions towards the club. I think that there is a view that over the years there has been a considerable investment, perhaps a feeling that all that can be done has been done," Henderson told Sky Sports.

"So it is probably just a recognition that it might be time for a change.

"Our intentions at the moment are to see if the club can be brought forward into new ownership by potentially Christmas.

"That would allow for a period for serious interested parties to put themselves forward, for a diligence process to carry on, and then hopefully by Christmas for a sale to conclude with the sort of flexibility around terms we have discussed.

"If that weren't possible then there is no desire to sell the club for any price to anyone. There is a lot of responsibility that goes with owning the football club so we would then look at that at the relevant time.

"That's the objective but nobody has a crystal ball so nobody can say for sure what happens and when."

Henderson also confirmed that there is an opportunity for those who are perhaps interested in acquiring the club to potentially buy over a period of time.

"I think back to the question of price, it will depend on what somebody is prepared to pay for the club," he said.

"Football clubs have a scarcity value, nobody is making 150-year-old football clubs with the kind of traditions that Newcastle United have so obviously there is value there but then in terms of what the number is that will be dictated by how many people, how many serious people are interested, how many serious people can deliver and so we then get to how long will that take, how long do we give them.

"I think that is a matter for negotiation but certainly not all in year one so that's how we would be approaching it."

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Re: Amanda and The Arabs

Post by Graw » Mon Oct 16, 2017 4:09 pm


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Re: Amanda and The Arabs

Post by Southern fairy » Mon Oct 16, 2017 4:10 pm

"As a result of increasing press speculation regarding the future of Newcastle United, the owner of the club, St. James Holdings Limited, wishes to clarify its intentions.
As one of the Premier League's oldest and best supported football clubs - and for the benefit of its many fans and supporters in the UK and across the world - Newcastle United requires a clear direction and a path to a bright and successful future.

To give the club the best possible opportunity of securing the positioning and investment necessary to take it to the next level, at what is an important time in its history, its present ownership has determined that it is in the best interests of Newcastle United and its fans for the club to be put up for sale.

To give an incoming owner the maximum possible flexibility to make meaningful investment in the club, including in its playing squad, the sale process will give interested parties the opportunity of deferring substantial payments.

A process will now commence of identifying new ownership for the club that will be capable of delivering the sustained investment in and dedication to the club that is necessary for it to achieve its ambitions."
Joe Kinnear: "I think they've got some magnificent midfield players; Tiote, Ben Afri, Yohan Kebab, Sissoko are very solid."

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Re: Amanda and The Arabs

Post by The Deluded Pablo Diego Jose Francisco » Mon Oct 16, 2017 4:13 pm

Graw wrote:http://www.skysports.com/football/news/ ... p-for-sale

ITS HAPPENING ... MAYBE

<dotheameobi> <dotheameobi> <dotheameobi> <dotheameobi>
It'll end up not happening by Xmas, we'll get relegated and nobody will want to buy us so we'll be stuck with Ashley <wah>

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Re: Amanda and The Arabs

Post by Double Agent Bruce a.k.a DAB » Mon Oct 16, 2017 4:18 pm

There will be a lot of sad faces here <urgh>


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Re: Newcastle United is officially for sale, Ashley wants deal by Christmas

Post by Cal » Mon Oct 16, 2017 4:35 pm

I'm scared and excited. <diverk>

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Re: Newcastle United is officially for sale, Ashley wants deal by Christmas

Post by Toondes » Mon Oct 16, 2017 4:36 pm

Not really news this
# stolen from nufc.com :)

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Re: Newcastle United is officially for sale, Ashley wants deal by Christmas

Post by The Deluded Pablo Diego Jose Francisco » Mon Oct 16, 2017 4:36 pm

Cal wrote:I'm scared and excited. <diverk>
This!

<divom>

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Re: Newcastle United is officially for sale, Ashley wants deal by Christmas

Post by Oval85 » Mon Oct 16, 2017 4:36 pm

Holy f***, it's happening ?! <yikes>

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Re: Newcastle United is officially for sale, Ashley wants deal by Christmas

Post by The Deluded Pablo Diego Jose Francisco » Mon Oct 16, 2017 4:40 pm

Toondes wrote:Not really news this
How's it not news?

Before he would sell but only for the right price (i.e someone had to stump up the money or until we won something but nobody was buying that crap! <roll>)

Now he is willing to sell and being far more flexible in doing so.

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Re: Newcastle United is officially for sale, Ashley wants deal by Christmas

Post by lassassinblanc » Mon Oct 16, 2017 4:41 pm

Probably wanting to get out before club is hit for Tax Fraud and relegated to the Vauxhall Conference
I'll Hazard a guess

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Re: Newcastle United is officially for sale, Ashley wants deal by Christmas

Post by Southern fairy » Mon Oct 16, 2017 4:42 pm

This is most definitely news
Joe Kinnear: "I think they've got some magnificent midfield players; Tiote, Ben Afri, Yohan Kebab, Sissoko are very solid."

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Re: Newcastle United is officially for sale, Ashley wants deal by Christmas

Post by Toondes » Mon Oct 16, 2017 4:46 pm

I don’t see what’s new. He’s wanted to sell for ages by his own admission. The only difference is we are now officially ‘for sale ‘ which we all new anyway. He won’t sell us cheap , he’s just trying to drum up interest imo.
# stolen from nufc.com :)

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Re: Newcastle United is officially for sale, Ashley wants deal by Christmas

Post by Oval85 » Mon Oct 16, 2017 4:51 pm

Toondes wrote:I don’t see what’s new. He’s wanted to sell for ages by his own admission. The only difference is we are now officially ‘for sale ‘ which we all new anyway. He won’t sell us cheap , he’s just trying to drum up interest imo.
Oh come on, happy clap with us <laugh>

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Re: Newcastle United is officially for sale, Ashley wants deal by Christmas

Post by Aldridge Prior » Mon Oct 16, 2017 4:53 pm

Cal wrote:I'm scared and excited. <diverk>
I'm aroused <perv>

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Re: Newcastle United is officially for sale, Ashley wants deal by Christmas

Post by Bodacious Benny » Mon Oct 16, 2017 4:58 pm

This Christmas? <whistle>

Agree tho that our position isn't hugely different to what it was. The club was always up for grabs if someone stumped up the cash. The only difference now is that he's being a bit more flexible in how he gets that money (but he'll still only sell for X price).
I'm the scumbag outlaw. You're the pillar of justice. Neither of us like looking at ourselves in the mirror. Do we have a deal?

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Re: Newcastle United is officially for sale, Ashley wants deal by Christmas

Post by TBC » Mon Oct 16, 2017 5:02 pm

The deferring payments is a big development no doubt, but I'm more concerned that he's had to make this kind of statement in the first place. Means we're struggling to attract serious buyers.
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Re: Amanda and The Arabs

Post by Don Sholeone » Mon Oct 16, 2017 5:02 pm

It happening!!!

SSN ticker, Ashley has officially announced we are for sale and wants a deal before Christmas

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Re: Newcastle United is officially for sale, Ashley wants deal by Christmas

Post by Bodacious Benny » Mon Oct 16, 2017 5:05 pm

TBC wrote:The deferring payments is a big development no doubt, but I'm more concerned that he's had to make this kind of statement in the first place. Means we're struggling to attract serious buyers.
Not necessarily. Maybe there is someone interested and he wants to put the pressure on them to move things forward.
I'm the scumbag outlaw. You're the pillar of justice. Neither of us like looking at ourselves in the mirror. Do we have a deal?

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