Mike Ashley, Newcastle United’s much maligned owner has dropped the price of the club to £80 million. Ashley has given Barry Moat one more week to come up with the funds to buy the club (even though a few weeks ago we were told he had made a formal offer and that money was in […]
Newcastle United
Barry Moat Launches Formal Bid for Newcastle United
Both the Daily Mirror and the Times are reporting that Barry Moat has launched a formal takeover bid for Newcastle United. Moat is said to have significant financial muscle from American investors and has received guarantees from Barclays that he will be given working capital to run the club. The offer is said to be […]
Newcastle Takeover to be Completed This Week?
The Mirror on Sunday are reporting that Mike Ashley is finally ready to relinquish control of Newcastle United. This comes after the club having to pay Kevin Keegan £2 million this week. Along with the report of the takeover news, the Mirror also reports that should Mike Ashley be unable to sell Newcastle before the […]
Newcastle United Takeover Imminent
The man favoured by Keith Harris of Seymour Pierce to complete the takeover of Newcastle is said to be within days of finalising a deal. George Caulkin, one of the most well respected football journalists, has reported that one of the potential obstacles to the takeover going through, the club’s ongoing saga with former boss […]
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 […]