A statement issued by Newcastle United yesterday to a local newspaper confirmed that they had accepted a bid of 100 million pounds (and meeting Mike Ashley’s asking price). The sale, dragging on for almost five months, could soon reach a conclusion with the deal said to be at the ‘Sale and Purchase’ stage. However, the […]
Newcastle United Takeover Close to Completion
The Telegraph are reporting today that a takeover bid, led by Tyneside businessman Barry Moat is close to completion. Unfortunately, there are no sources or quotes that are directly attributable to anyone, so we have to consider this latest piece of ‘news’ regarding Newcastle’s takeover like we have done with all the other ‘close to […]
Barry Moat Given Extended Deadline for Takeover Deal
Potential Newcastle United owner Barry Moat has been given an extended deadline by current Chairman Mike Ashley, as the Tyneside businessmen is in talks with Barclays bank to secure enough funding. A club statement from the official site reads as follows: NEWCASTLE United Football Club confirms that it has extended its deadline to Barry Moat […]
NUFC Takeover News Latest
It seems as if the past eight weeks have meant nothing to Mike Ashley and Derek Llambias. Newcastle United means something to us, with the consistent “we’re confident something will happen next week” bollocks it appears that this fine football club means less than dirt to those in charge at St. James Park. Llambias, Newcastle’s […]
Newcastle United Takeover News: Nowt Confirmed Yet
The Daily Mail are reporting today that should Barry Moat’s bid to takeover Newcastle United be accepted, then Alan Shearer could be re-instated as the Toon’s manager “within days”. Mike Ashley, who is said to be flying back from Hawaii to discuss Moat’s bid, is due in London to meet with Keith Harris of Seymour […]