I’ve said all along that i still think we are waiting for Ashley to sell NUFC!
That’s my guess as well - I’m increasingly leaning towards the Aussies being a fabrication by RD
Now that’s a great theory for the conspiracy hats off to you for that one but I struggle to swallow that as much as I do with regards the 70mil to scare off a perspective buyer
I think a lot of fans have already decided what the issues are and because the hard information coming out of this meeting, from White and elsewhere is limited and opaque they are engaging in confirmation bias.
If you think it's Ashley then the info from last night points to it being Ashley.
If you think it was leaked to White to hurry up the Brits then the info points to that.
Same for most of the other theories.
We don't have enough pieces of the puzzle to be able to work out what the picture is.
Many of the theories, old and new, are plausible but that doesn't make them true.
But neither can they be proved false. Hence we go over the same ground.
At least it should end the theory that Rick and Jim worked together to spread fake rumours to sell more copies of VOTV and get more listeners.
No one ever said that did they ?? Genuine question not a dig if they did that’s way off mark imo
Fits with the scare off price as well though and the muir scarf wearing and subsequent withdrawal - reckon their mates of rd in the electronics game - it’s as plausible as anything as to why this nonsense has dragged on so long - it’s ridiculous
He didn’t withdraw.
There was a quote from him a while back in an Aussie news outlet where he said he had withdrawn.
Ashley has been wanting to sell Newcastle for years now and he doesn't seem any closer to doing that. If RD is holding out for him he'll be waiting a long time
What I don't get is...how can the person brokering the deal think thought that the sale was going to complete in a couple of days (and sent a letter to Jim White confirming that).
They must either be a) completely incompetent and unable to see that a takeover is no where near or b) encouraged to do this by the seller to re-ignite interest.
Or maybe it was correct-ish. ‘In a couple of days’ might have been translated by White, or someone, from ‘within days’, or ‘very soon, days’.
It’s easy to back yourself into a corner, as ‘hating the Aussies’, when they might not actually be the villains some here are trying to paint them as. And if these Brits are really serious, how come they haven’t come up with a deal, as they’ve had long enough as well?
Thanks for the FF updates @Henry Irving , however I am somewhat confused by something LDT said. If, as he said, yes we told JW so he would speak about it on radio so we could put pressure on the British group, why oh why would you admit this!!! If I was now a member of that British group, from now on I wouldn't listen to anything that LDT/RD has to say as LDT has just admitted the 'leak' was to pressurise the other bid!! In fact I would be of the mind to say "well RD if that's your game, we are walking away and your welcome to sell to the Aussies" Something here doesn't add up!! I understand that they may want the British bid to come to fruition, but you dont admit that your playing 'hearsay' games to get that done.....what a load of old baloney!! I smell a rat here, you do not conduct business this way and then openly admit it!!
LDT didn't say that he'd told JW.
That is what people on here are inferring.
LTD was part of the conference call with the Aussies and Americans
Sorry @Henry Irving my mistake, but I took the sentence below the wrong way-::
Did the JW revelations help or hinder the takeover?
A deal could have been very close and then some backtracking. Hence LDT saying you will need to tell the fans. I think that comment was a sort of threat to the AA consortium that delaying the deal may have consequences.
I'm sure I remember someone insinuating that there were allegedly some issues around the legality of certain things when RD purchased the club, relating to the spivs. Does anyone recall this and as far as we know has that been resolved? I just can't think what would mean multiple groups of purchasers need to be so silent on everything
Yep, I've been thinking this for about a year or so now.
I've worked on enough deals professionally to know that if you've got two interested parties who have both got the money and both agreed a price (which is what we''be been told) then the deal will generally get done, UNLESS there's a steaming pile of something potentially toxic sitting somewhere.
If there is potentially such a smell then the first question that gets asked is "what's the statute of limitations on this?", Ie. if things all go tits up then what's the risk to us?
If that's the case then you might still go ahead with the deal if the vendor (Roland) gives you some sort of warranty and indemnity against historic liabilities, or you might just go ahead anyway and take the risk. Or you might hang on for a bit until it's too late for the potentially smelly stuff to cause any real issue.
I'm not suggesting that Roland has done anything materially wrong on his watch from a legal perspective (ruining our club doesn't count, unfortunately), but it seems like the previous owners may have been up to the necks in all sorts, and we know Roland didn't do any due diligence of his own and effectively bought the club blind.
To me this seems the only plausible reason why either of the two different potential buyers with the money lined up haven't done the deal, yet.
But I have no insider knowledge on any of this, just an educated guess.
But if I'm right then it suits nobody to go shouting the reasons why from the rooftops.
And Roland said buying Charlton was the biggest mistake of his life, I wonder what he's discovered?
I’ve said all along that i still think we are waiting for Ashley to sell NUFC!
That’s my guess as well - I’m increasingly leaning towards the Aussies being a fabrication by RD
Now that’s a great theory for the conspiracy hats off to you for that one but I struggle to swallow that as much as I do with regards the 70mil to scare off a perspective buyer
I think a lot of fans have already decided what the issues are and because the hard information coming out of this meeting, from White and elsewhere is limited and opaque they are engaging in confirmation bias.
If you think it's Ashley then the info from last night points to it being Ashley.
If you think it was leaked to White to hurry up the Brits then the info points to that.
Same for most of the other theories.
We don't have enough pieces of the puzzle to be able to work out what the picture is.
Many of the theories, old and new, are plausible but that doesn't make them true.
But neither can they be proved false. Hence we go over the same ground.
At least it should end the theory that Rick and Jim worked together to spread fake rumours to sell more copies of VOTV and get more listeners.
No one ever said that did they ?? Genuine question not a dig if they did that’s way off mark imo
Fits with the scare off price as well though and the muir scarf wearing and subsequent withdrawal - reckon their mates of rd in the electronics game - it’s as plausible as anything as to why this nonsense has dragged on so long - it’s ridiculous
He didn’t withdraw.
There was a quote from him a while back in an Aussie news outlet where he said he had withdrawn.
Do you know something different?
He didn’t actually say he’d withdrawn, that’s what people inferred from his comment. What he actually said was something about ‘comments about his involvement were erroneous’. I think he meant his levels of involvement. Anyway, GM told me he didn’t withdraw, but wants to stay in the background. Told me on 24th Oct. Of course GM could just be a dodgy chancer ;-) (My kids would call that ‘bants’)
I'm sure I remember someone insinuating that there were allegedly some issues around the legality of certain things when RD purchased the club, relating to the spivs. Does anyone recall this and as far as we know has that been resolved? I just can't think what would mean multiple groups of purchasers need to be so silent on everything
Yep, I've been thinking this for about a year or so now.
I've worked on enough deals professionally to know that if you've got two interested parties who have both got the money and both agreed a price (which is what we''be been told) then the deal will generally get done, UNLESS there's a steaming pile of something potentially toxic sitting somewhere.
If there is potentially such a smell then the first question that gets asked is "what's the statute of limitations on this?", Ie. if things all go tits up then what's the risk to us?
If that's the case then you might still go ahead with the deal if the vendor (Roland) gives you some sort of warranty and indemnity against historic liabilities, or you might just go ahead anyway and take the risk. Or you might hang on for a bit until it's too late for the potentially smelly stuff to cause any real issue.
I'm not suggesting that Roland has done anything materially wrong on his watch from a legal perspective (ruining our club doesn't count, unfortunately), but it seems like the previous owners may have been up to the necks in all sorts, and we know Roland didn't do any due diligence of his own and effectively bought the club blind.
To me this seems the only plausible reason why either of the two different potential buyers with the money lined up haven't done the deal, yet.
But I have no insider knowledge on any of this, just an educated guess.
But if I'm right then it suits nobody to go shouting the reasons why from the rooftops.
And Roland said buying Charlton was the biggest mistake of his life, I wonder what he's discovered?
That his network experiment didn't work, and that he doesn't like football.
I believe he has been genuine in his pursuit of the story of our club, but there’s a showman in him as well, playing up to the cameras
Although White is a journalist and has a responsibility for factual reporting, reading this thread over the last couple of days shows he was not alone in 'playing up to the cameras' with matters reaching biblical proportions with the return of The Prodigal Son. Ultimately, it's irrelevant as we are all still in the dark and the club remains unsold. It was ever thus.
I believe he has been genuine in his pursuit of the story of our club, but there’s a showman in him as well, playing up to the cameras
Although White is a journalist and has a responsibility for factual reporting, reading this thread over the last couple of days shows he was not alone in 'playing up to the cameras' with matters reaching biblical proportions with the return of The Prodigal Son. Ultimately, it's irrelevant as we are all still in the dark and the club remains unsold. It was ever thus.
I’ve said all along that i still think we are waiting for Ashley to sell NUFC!
That’s my guess as well - I’m increasingly leaning towards the Aussies being a fabrication by RD
Now that’s a great theory for the conspiracy hats off to you for that one but I struggle to swallow that as much as I do with regards the 70mil to scare off a perspective buyer
I think a lot of fans have already decided what the issues are and because the hard information coming out of this meeting, from White and elsewhere is limited and opaque they are engaging in confirmation bias.
If you think it's Ashley then the info from last night points to it being Ashley.
If you think it was leaked to White to hurry up the Brits then the info points to that.
Same for most of the other theories.
We don't have enough pieces of the puzzle to be able to work out what the picture is.
Many of the theories, old and new, are plausible but that doesn't make them true.
But neither can they be proved false. Hence we go over the same ground.
At least it should end the theory that Rick and Jim worked together to spread fake rumours to sell more copies of VOTV and get more listeners.
No one ever said that did they ?? Genuine question not a dig if they did that’s way off mark imo
Fits with the scare off price as well though and the muir scarf wearing and subsequent withdrawal - reckon their mates of rd in the electronics game - it’s as plausible as anything as to why this nonsense has dragged on so long - it’s ridiculous
He didn’t withdraw.
There was a quote from him a while back in an Aussie news outlet where he said he had withdrawn.
Do you know something different?
Anyway, GM told me he didn’t withdraw, but wants to stay in the background. Told me on 24th Oct.
And here he is trying to find a seat at The Valley incognito.
I’ve said all along that i still think we are waiting for Ashley to sell NUFC!
That’s my guess as well - I’m increasingly leaning towards the Aussies being a fabrication by RD
Now that’s a great theory for the conspiracy hats off to you for that one but I struggle to swallow that as much as I do with regards the 70mil to scare off a perspective buyer
I think a lot of fans have already decided what the issues are and because the hard information coming out of this meeting, from White and elsewhere is limited and opaque they are engaging in confirmation bias.
If you think it's Ashley then the info from last night points to it being Ashley.
If you think it was leaked to White to hurry up the Brits then the info points to that.
Same for most of the other theories.
We don't have enough pieces of the puzzle to be able to work out what the picture is.
Many of the theories, old and new, are plausible but that doesn't make them true.
But neither can they be proved false. Hence we go over the same ground.
At least it should end the theory that Rick and Jim worked together to spread fake rumours to sell more copies of VOTV and get more listeners.
No one ever said that did they ?? Genuine question not a dig if they did that’s way off mark imo
Fits with the scare off price as well though and the muir scarf wearing and subsequent withdrawal - reckon their mates of rd in the electronics game - it’s as plausible as anything as to why this nonsense has dragged on so long - it’s ridiculous
He didn’t withdraw.
There was a quote from him a while back in an Aussie news outlet where he said he had withdrawn.
Do you know something different?
Anyway, GM told me he didn’t withdraw, but wants to stay in the background. Told me on 24th Oct.
And here he is trying to find a seat at The Valley incognito.
Do we think Roland warned him about such behaviour given the nasty fans?
I reckon The AA haven't enough to purchase & run the club for 5 years and the English/Brits are waiting for them/RD to give up on them, before offering a lower price.
How many clubs don't have any debt? It's impossible for us to get where we want to be and make a profit.
Mike Ashley at Newcastle:
Bought Newcastle for £134m and inherited £77m of debt. By 2017 that debt had doubled to £152m.
Sports Direct has never paid anything towards the naming rights or any of the advertising that swarms the stadium.
Sports Direct controls club's retail operations and the club has made a net loss of £5.5m from this arrangement. Commercial income has halved, matchday income is down by a third.
In the 11 years before Ashley, Newcastle had qualified for Europe nine times and the Champion's League group stages twice. Since Ashley has been owner, the club has been relegated twice and played in the Europa League once.
Newcastle's net spend since the summer of 2017 is £1m. Brighton's is £110m and Huddersfield's is £78m.
Ashley has purchased land behind the Gallowgate for a reduced £6m and planning permission for £70m proeprty development that blocks any expansion of St James' Park.
The club's accounts are overdue and it is also under investigation by HMRC for tax fraud.
When NLA mentioned last night that the Brits may get a 'sweeter' deal if the Aussies dropped out I posted that it was like a Mexican standoff ...
However, when I read my post back it appeared that my cutting and pasting had gone awry so I edited it only to find the message looked even worse. On the advice of Homer Simpson If at first you don't succeed just give up I deleted the post and went to bed.
I awoke this morning to see the first signs of a Mexican takeover rumour and I feel that I may be to blame for this, please accept my apologies ... In short there are no Mexicans involved in this deal ... as far as I know.
To be sung to the well known Mexican song........Ay Ay Ay Ay.
Ay Ay Ay Ay I like the old el vino My sister Belinda she pissed out the winda And filled up my brand new sombrero
How many clubs don't have any debt? It's impossible for us to get where we want to be and make a profit.
Mike Ashley at Newcastle:
Bought Newcastle for £134m and inherited £77m of debt. By 2017 that debt had doubled to £152m.
Sports Direct has never paid anything towards the naming rights or any of the advertising that swarms the stadium.
Sports Direct controls club's retail operations and the club has made a net loss of £5.5m from this arrangement. Commercial income has halved, matchday income is down by a third.
In the 11 years before Ashley, Newcastle had qualified for Europe nine times and the Champion's League group stages twice. Since Ashley has been owner, the club has been relegated twice and played in the Europa League once.
Newcastle's net spend since the summer of 2017 is £1m. Brighton's is £110m and Huddersfield's is £78m.
Ashley has purchased land behind the Gallowgate for a reduced £6m and planning permission for £70m proeprty development that blocks any expansion of St James' Park.
The club's accounts are overdue and it is also under investigation by HMRC for tax fraud.
Henry has done a fine job writing up and its clear that we, the supporters, have not moved pass the guessing and speculating stage, which is ok with me it fills my work day up with web surfing and dreaming of better times to come. And to be honest its a welcome distraction from reading about other teams in the 3rd division and talk of players that will never be household names. However I do remember a number of posts with the question, what's his, (LVT), favourite colour? Was this question answered or even asked?
In one post from mid-2018 someone did some digging and posted the name of a company that had been set-up by the Australian Football consortium in the UK. I can't remember who found the name and did the post, or the name of the company. If anyone can remember - can you post the name. Might be worth doing a bit more digging on Companies House to see if anything has changed.
In one post from mid-2018 someone did some digging and posted the name of a company that had been set-up by the Australian Football consortium in the UK. I can't remember who found the name and did the post, or the name of the company. If anyone can remember - can you post the name. Might be worth doing a bit more digging on Companies House to see if anything has changed.
@jac52 won the 2017/8 Charlton Life Sherlock Holmes award for discovering that a new UK company, Echidna Acquisitions, had been registered by Gerard Murphy on April 30th
How many clubs don't have any debt? It's impossible for us to get where we want to be and make a profit.
Mike Ashley at Newcastle:
Bought Newcastle for £134m and inherited £77m of debt. By 2017 that debt had doubled to £152m.
Sports Direct has never paid anything towards the naming rights or any of the advertising that swarms the stadium.
Sports Direct controls club's retail operations and the club has made a net loss of £5.5m from this arrangement. Commercial income has halved, matchday income is down by a third.
In the 11 years before Ashley, Newcastle had qualified for Europe nine times and the Champion's League group stages twice. Since Ashley has been owner, the club has been relegated twice and played in the Europa League once.
Newcastle's net spend since the summer of 2017 is £1m. Brighton's is £110m and Huddersfield's is £78m.
Ashley has purchased land behind the Gallowgate for a reduced £6m and planning permission for £70m proeprty development that blocks any expansion of St James' Park.
The club's accounts are overdue and it is also under investigation by HMRC for tax fraud.
Comments
Do you know something different?
It’s easy to back yourself into a corner, as ‘hating the Aussies’, when they might not actually be the villains some here are trying to paint them as.
And if these Brits are really serious, how come they haven’t come up with a deal, as they’ve had long enough as well?
Thanks for all the work Henners btw.
Did the JW revelations help or hinder the takeover?
LDT "Helped as pushed the 2nd party (the Brits).
I don't mind being in charge of it (Taking time out of my day) and proof read it once Cabes has drafs it
What he actually said was something about ‘comments about his involvement were erroneous’. I think he meant his levels of involvement.
Anyway, GM told me he didn’t withdraw, but wants to stay in the background. Told me on 24th Oct.
Of course GM could just be a dodgy chancer
;-)
(My kids would call that ‘bants’)
Ultimately, it's irrelevant as we are all still in the dark and the club remains unsold. It was ever thus.
That's all over.No change
The next marker is the end of the transfer window.
Mike Ashley at Newcastle:
Bought Newcastle for £134m and inherited £77m of debt. By 2017 that debt had doubled to £152m.
Sports Direct has never paid anything towards the naming rights or any of the advertising that swarms the stadium.
Sports Direct controls club's retail operations and the club has made a net loss of £5.5m from this arrangement. Commercial income has halved, matchday income is down by a third.
In the 11 years before Ashley, Newcastle had qualified for Europe nine times and the Champion's League group stages twice. Since Ashley has been owner, the club has been relegated twice and played in the Europa League once.
Newcastle's net spend since the summer of 2017 is £1m. Brighton's is £110m and Huddersfield's is £78m.
Ashley has purchased land behind the Gallowgate for a reduced £6m and planning permission for £70m proeprty development that blocks any expansion of St James' Park.
The club's accounts are overdue and it is also under investigation by HMRC for tax fraud.
Ay Ay Ay Ay
I like the old el vino
My sister Belinda she pissed out the winda
And filled up my brand new sombrero
However I do remember a number of posts with the question, what's his, (LVT), favourite colour? Was this question answered or even asked?