Toon for Sale

Old May 31st 2009, 6:12 am
  #1  
why ayeeeee man!
Thread Starter
 
Spugsy's Avatar
 
Joined: Jan 2008
Location: Disco Gardens...
Posts: 11,370
Spugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond repute
Default Toon for Sale

The sportswear tycoon Mike Ashley is to put Newcastle United football club up for sale with a £100m price tag.

Ashley will appoint Keith Harris, chairman of Seymour Pierce, or bankers at NM Rothschild this week with a mandate to achieve a quick sale. His decision comes just days after the club was relegated from the Premier League.

The asking price is £34m less than Ashley paid for the club two years ago. Since then he has ploughed £110m of his own money into the northeast team to pay down its debts.

Ashley told The Sunday Times: “It has been catastrophic for everybody. I’ve lost my money and I’ve made terrible decisions. Now I want to sell it as soon as I can . . . advisers will be appointed shortly.”

If Ashley manages to find a buyer it will put an end to his controversial and occasionally acrimonious two-year spell in control at St James’ Park, having initially put the club up for sale for £400m last September because of a series of protests and demonstrations following Kevin Keegan’s departure as manager.

But dropping out of the top flight of English football has slashed the value of the club. There has been some interest from Nigeria and South Africa but no firm takeover offers. The club’s demotion will make it harder to drum up bid interest.

Asked if he regretted his decision to buy the club two years ago, Ashley, who owns the sportswear chain Sports Direct, said: “Of course I regret it. I never said I was an expert in football clubs. I was just a fan – although a very wealthy fan. But I’m not so wealthy now. I put my money into it and I tried my best. But I accept my best was woefully short. I am genuinely sorry for everybody about what has happened.”

Ashley landed a £929m pay-day when he floated Sports Direct on the London stock exchange in 2007, but the credit crunch and a string of ill-fated gambles have slashed his wealth from £1.4 billion to £700m, according to this year’s Sunday Times Rich List.

The news comes as talks to give Alan Shearer, the care-taker manager, a full-time contract to rebuild Newcastle United were continuing this weekend.

Ashley also praised former interim manager Joe Kinnear, who took temporary charge of the club after Keegan quit last autumn. “I personally thought Joe put the club back on the right track. He took it from second bottom to 13th but things went against him,” said Ashley. Kinnear was forced to stand down because of ill health.

After its relegation from the Premier League, the club faces a big restructuring that is likely to lead to a clear-out of the first-team playing squad to balance the books. At present, Newcastle relies on a £40m working-capital facility from Barclays bank.
Spugsy is offline  
Old May 31st 2009, 6:18 am
  #2  
Account Closed
 
Joined: Jul 2007
Posts: 7,028
lionheart is an unknown quantity at this point
Default Re: Toon for Sale

But I thought the club has been up for sale for ages, unofficially. Fat Ashley would simply have got more if they had stayed up.
lionheart is offline  
Old May 31st 2009, 8:28 am
  #3  
Roving Donny fan.
 
glynster's Avatar
 
Joined: Aug 2008
Location: Doncaster, UK. But not for long!!! Where's my visa!!!
Posts: 385
glynster is just really niceglynster is just really niceglynster is just really niceglynster is just really niceglynster is just really niceglynster is just really niceglynster is just really niceglynster is just really niceglynster is just really niceglynster is just really nice
Default Re: Toon for Sale

I have had a few good days out watching the toon and am saddened at recent events Spugsy, I am sure they will not do a Leeds and if someone wants to waste money on Pompie then I am sure a new buyer will be found for the Toon. On a plus note a full house awaits at the keepmoat I hope to get home for that or the visit to st. James.
Keep the faith.
glynster is offline  
Old May 31st 2009, 8:34 am
  #4  
why ayeeeee man!
Thread Starter
 
Spugsy's Avatar
 
Joined: Jan 2008
Location: Disco Gardens...
Posts: 11,370
Spugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond repute
Default Re: Toon for Sale

Originally Posted by lionheart View Post
But I thought the club has been up for sale for ages, unofficially. Fat Ashley would simply have got more if they had stayed up.
he put it up for sale for £400m and got no takers so he took it off the market, the big stupid fat twat is looking to lose about £140m even if he gets £100m for it.
Spugsy is offline  
Old May 31st 2009, 8:35 am
  #5  
why ayeeeee man!
Thread Starter
 
Spugsy's Avatar
 
Joined: Jan 2008
Location: Disco Gardens...
Posts: 11,370
Spugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond repute
Default Re: Toon for Sale

Originally Posted by glynster View Post
I have had a few good days out watching the toon and am saddened at recent events Spugsy, I am sure they will not do a Leeds and if someone wants to waste money on Pompie then I am sure a new buyer will be found for the Toon. On a plus note a full house awaits at the keepmoat I hope to get home for that or the visit to st. James.
Keep the faith.
cheers fella, but we will lose a lot of money on players we'll need to ship out and then get new faces in - it could be a tough season, but we really want to get back up at the first attempt.
Spugsy is offline  
Old May 31st 2009, 8:38 am
  #6  
BE Forum Addict
 
Sandboy's Avatar
 
Joined: Jun 2008
Posts: 2,094
Sandboy has a reputation beyond reputeSandboy has a reputation beyond reputeSandboy has a reputation beyond reputeSandboy has a reputation beyond reputeSandboy has a reputation beyond reputeSandboy has a reputation beyond reputeSandboy has a reputation beyond reputeSandboy has a reputation beyond reputeSandboy has a reputation beyond reputeSandboy has a reputation beyond reputeSandboy has a reputation beyond repute
Default Re: Toon for Sale

well done Agent Ashley your mission is almost complete

have you had the banner on the Tyne Bridge emailed to you yet Spugs ?
Sandboy is offline  
Old May 31st 2009, 8:56 am
  #7  
Roving Donny fan.
 
glynster's Avatar
 
Joined: Aug 2008
Location: Doncaster, UK. But not for long!!! Where's my visa!!!
Posts: 385
glynster is just really niceglynster is just really niceglynster is just really niceglynster is just really niceglynster is just really niceglynster is just really niceglynster is just really niceglynster is just really niceglynster is just really niceglynster is just really nice
Default Re: Toon for Sale

Originally Posted by Spugsy View Post
cheers fella, but we will lose a lot of money on players we'll need to ship out and then get new faces in - it could be a tough season, but we really want to get back up at the first attempt.
Championship Odds 2009/10

--------------------------------------------------------------------------------

Newcastle United 4/1
West Brom 11/2
Middlesbrough 7/1
Ipswich Town 10/1
Reading 14/1
Sheff Utd 14/1 *
Burnley 14/1 *
Queens Park Rangers 16/1
Cardiff City 16/1
Preston North End 16/1
Leicester City 20/1
Sheffield Wednesday 20/1
Swansea City 25/1
Derby County 25/1
Crystal Palace 25/1
Coventry City 33/1
Peterborough United 33/1
Watford 33/1
Nottingham Forest 33/1
Bristol City 33/1
Doncaster Rovers 50/1
Blackpool 66/1
Plymouth Argyle 80/1
Barnsley 80/1
Scunthorpe United 100/1

Its not gonna be easy thats for sure,West Brom know the league well and obviously the smogs will be strong,Shef utd, Reading and also rumours Shef wed will be challenging, Qpr have the money but no stability,Derby will be more stable this year and Cardif and Preston will both be strong.
We are quoted at 50/1 so you will be able to give me 2 goals start home and away fella!!!
glynster is offline  
Old May 31st 2009, 8:58 am
  #8  
banned
 
Joined: Oct 2008
Posts: 7,609
commander has a reputation beyond reputecommander has a reputation beyond reputecommander has a reputation beyond reputecommander has a reputation beyond reputecommander has a reputation beyond reputecommander has a reputation beyond reputecommander has a reputation beyond reputecommander has a reputation beyond reputecommander has a reputation beyond reputecommander has a reputation beyond reputecommander has a reputation beyond repute
Default Re: Toon for Sale

Originally Posted by glynster View Post
Championship Odds 2009/10

--------------------------------------------------------------------------------

Newcastle United 4/1
West Brom 11/2
Middlesbrough 7/1
Ipswich Town 10/1
Reading 14/1
Sheff Utd 14/1 *
Burnley 14/1 *
Queens Park Rangers 16/1
Cardiff City 16/1
Preston North End 16/1
Leicester City 20/1
Sheffield Wednesday 20/1
Swansea City 25/1
Derby County 25/1
Crystal Palace 25/1
Coventry City 33/1
Peterborough United 33/1
Watford 33/1
Nottingham Forest 33/1
Bristol City 33/1
Doncaster Rovers 50/1
Blackpool 66/1
Plymouth Argyle 80/1
Barnsley 80/1
Scunthorpe United 100/1

Its not gonna be easy thats for sure,West Brom know the league well and obviously the smogs will be strong,Shef utd, Reading and also rumours Shef wed will be challenging, Qpr have the money but no stability,Derby will be more stable this year and Cardif and Preston will both be strong.
We are quoted at 50/1 so you will be able to give me 2 goals start home and away fella!!!
there are a lot of pretty good teams in there!!
commander is offline  
Old May 31st 2009, 3:25 pm
  #9  
Account Closed
 
Joined: Jul 2008
Posts: 820
Shadya is an unknown quantity at this point
Default Re: Toon for Sale

This may raise a smile on the face of any Toon fan. Its rather long-winded but seems to reflect their innate optimism. Was taken from Hubby's favourite website...

http://www.bluemoon-mcfc.co.uk/forum...130c0524743275
Shadya is offline  
Old May 31st 2009, 4:14 pm
  #10  
BE Forum Addict
 
Sandboy's Avatar
 
Joined: Jun 2008
Posts: 2,094
Sandboy has a reputation beyond reputeSandboy has a reputation beyond reputeSandboy has a reputation beyond reputeSandboy has a reputation beyond reputeSandboy has a reputation beyond reputeSandboy has a reputation beyond reputeSandboy has a reputation beyond reputeSandboy has a reputation beyond reputeSandboy has a reputation beyond reputeSandboy has a reputation beyond reputeSandboy has a reputation beyond repute
Default Re: Toon for Sale

Sandboy is offline  
Old May 31st 2009, 5:28 pm
  #11  
BE Forum Addict
 
benzonar's Avatar
 
Joined: May 2007
Location: Utopia
Posts: 1,631
benzonar has a reputation beyond reputebenzonar has a reputation beyond reputebenzonar has a reputation beyond reputebenzonar has a reputation beyond reputebenzonar has a reputation beyond reputebenzonar has a reputation beyond reputebenzonar has a reputation beyond reputebenzonar has a reputation beyond reputebenzonar has a reputation beyond reputebenzonar has a reputation beyond reputebenzonar has a reputation beyond repute
Default Re: Toon for Sale

Its nice to see Ashley giving Keith Harris a job, I always wondered what he was doing after Orville learnt to fly and buggered off.
benzonar is offline  
Old May 31st 2009, 5:58 pm
  #12  
Lost in BE Cyberspace
 
Confucius's Avatar
 
Joined: Dec 2006
Posts: 23,434
Confucius has a reputation beyond reputeConfucius has a reputation beyond reputeConfucius has a reputation beyond reputeConfucius has a reputation beyond reputeConfucius has a reputation beyond reputeConfucius has a reputation beyond reputeConfucius has a reputation beyond reputeConfucius has a reputation beyond reputeConfucius has a reputation beyond reputeConfucius has a reputation beyond reputeConfucius has a reputation beyond repute
Default Re: Toon for Sale

I'll buy it for a dirham...A symbolic dirham...
Confucius is offline  
Old Jun 1st 2009, 7:17 am
  #13  
Big Member
 
NorthernLad's Avatar
 
Joined: Jul 2005
Posts: 3,844
NorthernLad has a reputation beyond reputeNorthernLad has a reputation beyond reputeNorthernLad has a reputation beyond reputeNorthernLad has a reputation beyond reputeNorthernLad has a reputation beyond reputeNorthernLad has a reputation beyond reputeNorthernLad has a reputation beyond reputeNorthernLad has a reputation beyond reputeNorthernLad has a reputation beyond reputeNorthernLad has a reputation beyond reputeNorthernLad has a reputation beyond repute
Default Re: Toon for Sale

I expect he is regretting the decision to keep the sheikhs waiting last year during Iftar whilst him and that revolting ferret Dennis Wise got lashed in Bahri Bar.
NorthernLad is offline  
Old Jun 1st 2009, 7:31 am
  #14  
why ayeeeee man!
Thread Starter
 
Spugsy's Avatar
 
Joined: Jan 2008
Location: Disco Gardens...
Posts: 11,370
Spugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond repute
Default Re: Toon for Sale

Originally Posted by NorthernLad View Post
I expect he is regretting the decision to keep the sheikhs waiting last year during Iftar whilst him and that revolting ferret Dennis Wise got lashed in Bahri Bar.
pair of twats that they are.
Spugsy is offline  
Old Jun 1st 2009, 7:35 am
  #15  
Big Member
 
NorthernLad's Avatar
 
Joined: Jul 2005
Posts: 3,844
NorthernLad has a reputation beyond reputeNorthernLad has a reputation beyond reputeNorthernLad has a reputation beyond reputeNorthernLad has a reputation beyond reputeNorthernLad has a reputation beyond reputeNorthernLad has a reputation beyond reputeNorthernLad has a reputation beyond reputeNorthernLad has a reputation beyond reputeNorthernLad has a reputation beyond reputeNorthernLad has a reputation beyond reputeNorthernLad has a reputation beyond repute
Default Re: Toon for Sale

Originally Posted by Spugsy View Post
pair of twats that they are.
A mate from Newcastle was telling me Freddie Shepherd is waiting for them to hit rock bottom then will step in as the new Messiah (they must be getting towards double figures now).
NorthernLad is offline  

Contact Us Archive Advertising Cookie Policy Privacy Statement Terms of Service

Copyright © 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.