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Archives => Hall Of Fame => Topic started by: Echo on Wednesday 23 May 2007, 02:24:17 PM

Title: Ashley now owns NUFC - 93.19% shares gained.
Post by: Echo on Wednesday 23 May 2007, 02:24:17 PM
Who's he?

Buy out Headline!

http://moneyextra.uk-wire.com/cgi-bin/articles/200705231412261114X.html - Official announcement to the stock exchange.
Title: Re: Mike Ashley???
Post by: Cajun on Wednesday 23 May 2007, 02:24:41 PM
What?
Title: Re: Mike Ashley???
Post by: Karjala on Wednesday 23 May 2007, 02:24:57 PM
errrm pardon?
Title: Re: Mike Ashley???
Post by: James on Wednesday 23 May 2007, 02:25:17 PM
Can you please be a bit more specific as to what you are talking about.
Title: Re: Mike Ashley???
Post by: Skirge on Wednesday 23 May 2007, 02:25:18 PM
SSN SJH shares buy out!!
Title: Re: Mike Ashley???
Post by: Echo on Wednesday 23 May 2007, 02:25:34 PM
Breaking News on Sky now - Mike Ashleybuys 41% of John Hall
Title: Re: Mike Ashley???
Post by: toptoon on Wednesday 23 May 2007, 02:25:50 PM
No idea just bought 41% of NUFC though apparently! Live on SSNews now!
Title: Re: Mike Ashley???
Post by: jong24 on Wednesday 23 May 2007, 02:26:14 PM
Just been on SSN, bought 41% of shares (Sir John Hall's). Anyone know owt about him?
Title: Re: Mike Ashley???
Post by: Umer on Wednesday 23 May 2007, 02:26:20 PM
Said he is going to make a separate offer to buy the rest of the shares! SSN said he has formed a new company called St James Holdings or something...
Title: Re: Mike Ashley???
Post by: Skirge on Wednesday 23 May 2007, 02:26:22 PM
Him I think!!
http://en.wikipedia.org/wiki/Mike_Ashley_(businessman)
Title: Re: Mike Ashley???
Post by: Toon83 on Wednesday 23 May 2007, 02:26:48 PM
beat me too it i've just posted a new thread on this  :undecided:
Title: Re: Mike Ashley???
Post by: Knightrider on Wednesday 23 May 2007, 02:27:23 PM
Bloke who runs Sports Soccer?
Title: Re: Mike Ashley???
Post by: Cajun on Wednesday 23 May 2007, 02:27:26 PM
Breaking News on Sky now - Mike Ashleybuys 41% of John Hall

He owns shares in John Hall, zany!
Title: Re: Mike Ashley???
Post by: Echo on Wednesday 23 May 2007, 02:27:35 PM
Looking to buy more to hold majority share (sky news)
Title: Re: Mike Ashley???
Post by: Toon83 on Wednesday 23 May 2007, 02:27:38 PM
Him I think!!
http://en.wikipedia.org/wiki/Mike_Ashley_(businessman)


there is nothing on that link
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: sempuki on Wednesday 23 May 2007, 02:28:45 PM
Mike Ashley (businessman)
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Mike Ashley (born 1964) is an English born billionaire retail entrepreneur, in the sports goods market.

Ranked 54th on the 2006 version of the Sunday Times Rich List, Ashley is an intensely private person, who never attends industry functions or gives interviews. Philip Beresford, who compiles the annual Sunday Times list, says neither he nor his staff have ever managed to contact Ashley, and describes him as "easily Britain's answer to the late Howard Hughes."[1]

Contents [hide]
1 Biography
1.1 Marketing tactics
1.2 Whistleblower
2 Personal life
3 References
 


[edit] Biography
Ashley grew up in Burnham, Buckinghamshire, where his parents still live in a modest bungalow. Educated at Burnham Grammar School, the only photos that exist of Ashley to the present day are from the 1970's, when he was a county squash coach.

After leaving school at 16, Ashley began trading on the high street, opening Sport and Ski shops in and around London in the 1980's - by 1990, there were three registered and recorded outlets. The chain expanded quickly funded by private money and profit from the stores, and by the late 1990s Ashley had rebranded the chain Sports Soccer and opened over 100 stores across the United Kingdom. However, as a sole trader and not having to file accounts at Companies House, little was known about him even by rival retailers. Although sole-trader status preserved his privacy, Ashley was missing out on the limited-liability advantage offered by company status, and in 1999 incorporated the business[2].

Ashley's Hertfordshire based group Sports World International, with headquarters in Dunstable, Bedfordshire has over 300 UK stores including the chains Sports World, Lillywhites (acquired in 2002), and the Original Shoe Company. The group employs 8,000 people in the UK and at stores in Ireland, Belgium and Slovenia. In 2006 it over took JJB Sports as the UK's largest sports wear retailer[3]. In mid-2006 it was also revealed that Ashley had held talks with John Hargreaves, founder of Matalan on both taking a 25% stake in the trouble retail business and installing mezzanine floors in larger Matalan stores, on which Sports World outlets could be operated[4].

In February 2003 he bought the Dunlop Slazenger brand for £40M, followed up by acquiring outdoor gear manufacturer Karrimor in March 2003[5], Kangol for £10M[6], boxing brand Lonsdale and tennis brand Donnay. Most of these brands are bought from distressed sellers, including after looking at a takeover[7], Ashley took a £9 million stake and signed a lucrative long-term deal with troubled brand Umbro[8].

Ashley has built a 29.4% stake in Blacks Leisure, the owner of Millets and Mambo[9], and is thought to hold stakes in JJB Sports and 19% of JD Sports[10]. "He likes to park his tanks on peoples' lawns," said a banker [11].

In late November 2006, a number of business newspapers reported that Ashley was looking at an IPO of Sports World International. He has hired Merrill Lynch[12], who have initially valued the group at up to £2.5bn ahead of the flotation on the London Stock Exchange[13]. Floated at 300p, the shares initially performed poorly, on sentiment surrounding the sports retail sector and on suspicion of the group's busienss model.


[edit] Marketing tactics
Often derided as a Tesco like "pile it high, sell it cheap" merchant after his transformation of the croquet-set loving Lillywhites, Ashley's chain has a more advnced approach. The chain will often use a Closing Down sales tactic on its multiple brand outlets, and re-open in another location soon afterwards. Customers are also drawn into the store by almost margin-less promotions on perceived high-value brands like Nike trainers and Adidas tops, making money for Sports World when they also buy an own brand item marked up at a substantial margin[14]

The brands themselves are an increasingly important part of the business, and Ashley made £10m from selling the intellectual-property rights to the Slazenger Golf brand to arch-rival JJB in 2005.


[edit] Whistleblower
Ashley turned whistleblower on industry rivals in 2000, handing the Office of Fair Trading evidence of business meetings held by sports retailers to fix the price of football shirts. Ashley attended a meeting at the Cheshire home of David Hughes, the chairman of now bankrupt rival Allsports. At the meeting Dave Whelan, the founder of JJB Sports, reportedly told Ashley: "There's a club in the north son, and you're not part of it."


[edit] Personal life
Little is known of Ashley's private life, except that his former home was a 16-bedroom former hotel in Buckinghamshire. It is known that he prefers casual dress of shirt and chino's or a track suit over a suit, and often carries his essential business tool of a mobile phone in a plastic carrier bag over a brief case.

At 24 in 1988, Ashley married Swedish property developer Linda Jerlmyr, and they have three children. When she divorced him 14 years later, he quietly agreed one of the biggest settlements in British legal history, reportedly handing over the family home, property and assets with total worth of £50m[15].

The secretive billionaire is thought to live alone in a large house on the edge of a Hertfordshire village. The building is hidden by trees, and CCTV cameras keep watch over the locked gates at the entrance to the half-mile drive. Ashley's neighbours say they never see him. At the nearby pub, nobody has heard of him. When the local newspaper attempted to find out more about him a few months ago, they eventually resorted to placing an advert in their own pages appealing for information - No one responded[16].

Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 02:28:58 PM
wicked

xcitin!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: jong24 on Wednesday 23 May 2007, 02:29:18 PM
Bloke who runs Sports Soccer?

What?,  Chava City?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Wullie on Wednesday 23 May 2007, 02:29:27 PM
http://en.wikipedia.org/wiki/Mike_Ashley_%28businessman%29

Sounds like a bit of a nut.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: James on Wednesday 23 May 2007, 02:29:32 PM
f***ing Hell, this is a bit of a shock.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dr Spectrum on Wednesday 23 May 2007, 02:29:50 PM
Him I think!!
http://en.wikipedia.org/wiki/Mike_Ashley_(businessman)


there is nothing on that link

http://en.wikipedia.org/wiki/Mike_Ashley_%28businessman%29
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Wednesday 23 May 2007, 02:30:15 PM
Sorry lol
I think he owns sports direct, maybe him..

"is an English born billionaire"
I like that bit :D  O0 O0
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 02:30:56 PM
does he qualify as a Geordie Abramovic though?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ennyoueffsea on Wednesday 23 May 2007, 02:31:06 PM
Just been on BBC News 24 too.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: DavB93 on Wednesday 23 May 2007, 02:31:32 PM
Wonder why he's buying them up, thought Freddy would of been buying them if anyone. Wonder what this all means.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Wullie on Wednesday 23 May 2007, 02:31:40 PM
Quote
Mike Ashley said:

'I am delighted to have this opportunity to invest in Newcastle United.  The
club has a fantastic infrastructure, for which Sir John and the board must take
much of the credit. I am pleased that Sir John has agreed to remain as Life
President of the club.  Newcastle United has a wonderful heritage and the
passion of its fans is legendary. I am sure that, like me, they are already
excited about the prospects for next season under the new manager's
stewardship.'

Blimey.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: eyeball_tickler on Wednesday 23 May 2007, 02:31:48 PM
"an English born billionaire"

oh yes.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 02:32:23 PM
Wow.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Magpie on Wednesday 23 May 2007, 02:32:29 PM
Sports World owner, secretive tycoon they reckon!!!

http://news.independent.co.uk/business/news/article2064779.ece
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: James on Wednesday 23 May 2007, 02:32:56 PM
It cost him at least £55m according to the BBC
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Wednesday 23 May 2007, 02:33:11 PM
Even better !! :D
"Ranked 54th on the 2006 version of the Sunday Times Rich List,"
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: toonbaz on Wednesday 23 May 2007, 02:33:15 PM
breaking  news on bbc website now also, came right out of the blue this one.
was only a couple of days ago freddy was talking about how hard it would be to buy this club as him and the halls weren't selling.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 02:33:23 PM
he has to launch a takeover bid by stock market rules surely?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Umer on Wednesday 23 May 2007, 02:34:28 PM
Even better !! :D
"Ranked 54th on the 2006 version of the Sunday Times Rich List,"

As of the 2007 one he is now 25th, worth about £1900m!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Wullie on Wednesday 23 May 2007, 02:34:37 PM
I've put the stock exchange announcement in the OP.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Raconteur on Wednesday 23 May 2007, 02:34:42 PM
Few questions raised for me:

41% = must make formal takeover bid?

Also, does this mean he has the power to challege Shepherd's chairmanship?

Oh, and doesn't 41% mean both Sir John AND Douglas' shares?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Echo on Wednesday 23 May 2007, 02:34:50 PM
As I said earlier - He's looking to buy more share's to become the MAJOR SHAREHOLDER - so Freddy looks like he may be getting his coat!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: jong24 on Wednesday 23 May 2007, 02:35:01 PM
he has to launch a takeover bid by stock market rules surely?

Good point, isn't the cut off point 39%?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NIToon on Wednesday 23 May 2007, 02:35:14 PM
I like billionaires
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Toon83 on Wednesday 23 May 2007, 02:35:51 PM
does anyone know how these takeovers work?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Sam04je on Wednesday 23 May 2007, 02:36:10 PM
How many billions are we alking about?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Slugsy on Wednesday 23 May 2007, 02:37:02 PM
Retail is one of my sectors - he used to own Sports Soccer  - now Sports Direct - a very private guy that has just recently floated that business.

Very rich and very astute
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Wednesday 23 May 2007, 02:37:17 PM
Lets hope this creates a BYE BYE FREDDY YOU PIE MUNCHING b******!!
 O0 O0 O0 O0 O0 O0
An Englishman too, no American madness with this one..  :clap: :clap:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: jong24 on Wednesday 23 May 2007, 02:37:51 PM
"Billionaire businessman Mike Ashley today bought a 41.6% holding in Newcastle to launch a takeover bid.

St James’ Holdings Limited, a company set up specifically to buy shares in the club, has acquired 55,342,223 shares at 100p each from Wynyard (Guernsey) Limited, Cameron Hall Developments Limited and Cameron Hall Developments Limited Executive Pension Scheme, the holdings of Sir John Hall and his family.

British stock exchange rules mean that the company now has to make a cash offer for the remaining shares, around 29.8% of which belong to chairman Freddy Shepherd."

Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Umer on Wednesday 23 May 2007, 02:37:52 PM
How many billions are we alking about?

£1.9 bililon
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: alex on Wednesday 23 May 2007, 02:37:57 PM
Leazes is seething.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Sam04je on Wednesday 23 May 2007, 02:38:01 PM
Retail is one of my sectors - he owns Sports Soccer  -now Sports Direct - a very private guy has just recently floated his businesses. 

Very rich and very astute

Kaka anyone?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: shido on Wednesday 23 May 2007, 02:38:51 PM
OooOooH exciting! Fingers crossed....very crossed....that this is the beginning of the end for PIE FACE!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Knightrider on Wednesday 23 May 2007, 02:38:52 PM
Bye bye Freddy :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: toonbaz on Wednesday 23 May 2007, 02:39:23 PM
he must have majority holding now, what rights does that give him over shepherd?

i'm quite excited about this.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Toon83 on Wednesday 23 May 2007, 02:39:37 PM
Billionaire businessman Mike Ashley's St James Holdings Limited have announced the acquisition of approximately 41.6 per cent of Newcastle United. The group paid more than £55 million from Sir John Hall's family.

haven't they tried to buy us out before?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: a random player who doesn't even play for us any more on Wednesday 23 May 2007, 02:39:47 PM
Who said FM wasn't realistic?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 02:40:27 PM
Read the link on the OP

This is a formal offer to buy the whole club for £1 a share = £130 million
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Echo on Wednesday 23 May 2007, 02:40:42 PM
Wonder if Big Sam's wondering about Freddy's promised long term support?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: toonbaz on Wednesday 23 May 2007, 02:40:48 PM
taken from nufc.com

Billionaire businessman Mike Ashley today bought a 41.6% holding in Newcastle to launch a takeover bid.

St James’ Holdings Limited, a company set up specifically to buy shares in the club, has acquired 55,342,223 shares at 100p each from Wynyard (Guernsey) Limited, Cameron Hall Developments Limited and Cameron Hall Developments Limited Executive Pension Scheme, the holdings of Sir John Hall and his family.

British stock exchange rules mean that the company now has to make a cash offer for the remaining shares, around 29.8% of which belong to chairman Freddy Shepherd
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Wullie on Wednesday 23 May 2007, 02:40:57 PM
(http://www.telegraph.co.uk/money/graphics/2006/12/16/cnsports16.jpg)

He's the fella on the right.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Slim on Wednesday 23 May 2007, 02:41:18 PM
So does this mean he will be investing aka chealski?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: shido on Wednesday 23 May 2007, 02:41:44 PM
(http://www.telegraph.co.uk/money/graphics/2006/12/16/cnsports16.jpg)

He's the fella on the right.

The fat one! Yaaay!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: colinmk on Wednesday 23 May 2007, 02:41:56 PM
f***ing hell who would of thought the close season would of turned out this good? Big Sam behind the wheel and now the fat one about to get the boot up his arse he deserved. Quality.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Toon83 on Wednesday 23 May 2007, 02:42:23 PM
Hopefully this is done quickly and Freddie doesnt try to drag it out as it will disrupt Allardyce's transfer plans, because he will not know how much money he is going to have
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Echo on Wednesday 23 May 2007, 02:42:33 PM
(http://www.telegraph.co.uk/money/graphics/2006/12/16/cnsports16.jpg)

He's the fella on the right.

Looks a bit cuddly for a billionaire
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 02:42:34 PM
  In accordance with the provisions of Rule 9 of the City Code, SJHL also
     announces the terms of a cash offer to be made for all of the issued and to
     be issued share capital of Newcastle United
which is not already owned by
     SJHL.  SJHL intends to seek a recommendation of the Offer from the board of
     Newcastle United.

•    The Offer will, when formally made, be conditional only upon the receipt of
     acceptances in respect of Newcastle United Shares which, together with the
     Newcastle United Shares acquired or agreed to be acquired before or during
     the Offer, will result in SJHL holding Newcastle United Shares carrying
     more than 50 per cent. of the voting rights in Newcastle United.

•    The Offer will be 100 pence in cash for each Newcastle United Share,
     valuing the entire issued share capital of Newcastle United at £133.1
     million

•    The Offer represents:

     o    a premium of approximately 19 per cent. to the Closing Price of 84
          pence for each Newcastle United Share on 22 May 2007; and

     o    a premium of approximately 50 per cent. to the average Closing Price
          of 66.9 pence for each Newcastle United Share in the three month
          period up to and including 22 May 2007,

Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: sempuki on Wednesday 23 May 2007, 02:43:00 PM
(http://www.telegraph.co.uk/money/graphics/2006/12/16/cnsports16.jpg)

He's the fella on the right.

He looks like he's partial to the odd pie himself!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Pip on Wednesday 23 May 2007, 02:43:13 PM
So he has 41.6% now and is making a cash offer for the rest. There's a couple of thresholds that he'll be aiming for, the first being 50% as that'll make sure he's able to do whatever the f*** he wants. The second threshold is 70 something % (iirc) which is the point at which he can take the club off of the stock market, and the last threshold is 90 something % which is the point where everyone else is forced to sell up.

If Freddy decides not to sell, then this new bloke will only be able to acquire a maximum of 70.1%, which is still good enough as come the next AGM, he can simply 'vote' himself in and anybody he doens't want out.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: shido on Wednesday 23 May 2007, 02:44:01 PM
The guy on the left is the aged love child of simon pegg and sir alan sugar.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Slugsy on Wednesday 23 May 2007, 02:44:24 PM
Very private guy as well, has been making a load of cash for years and keeps mainly out of the press - not a Freddie type at all in that respect.

Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: TheOrder on Wednesday 23 May 2007, 02:44:43 PM
This is great news.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Tom_NUFC on Wednesday 23 May 2007, 02:44:46 PM
please please please kick Freddy out!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: DavB93 on Wednesday 23 May 2007, 02:45:16 PM
Do you think Freddy will be out?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Wullie on Wednesday 23 May 2007, 02:45:42 PM
(http://www.telegraph.co.uk/money/graphics/2006/12/16/cnsports16.jpg)

He's the fella on the right.

The one in the glasses?

No, the fella on the right.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: jong24 on Wednesday 23 May 2007, 02:46:02 PM
So he has 41.6% now and is making a cash offer for the rest. There's a couple of thresholds that he'll be aiming for, the first being 50% as that'll make sure he's able to do whatever the f*** he wants. The second threshold is 70 something % (iirc) which is the point at which he can take the club off of the stock market, and the last threshold is 90 something % which is the point where everyone else is forced to sell up.

If Freddy decides not to sell, then this new bloke will only be able to acquire a maximum of 70.1%.

You're a "glass is half empty" type of guy aren't you?  O0
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Sam04je on Wednesday 23 May 2007, 02:46:12 PM
(http://www.telegraph.co.uk/money/graphics/2006/12/16/cnsports16.jpg)

He's the fella on the right.



He looks like he's partial to the odd pie himself!

Him and Freddy are going to get on well then..
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Echo on Wednesday 23 May 2007, 02:46:43 PM
So he has 41.6% now and is making a cash offer for the rest. There's a couple of thresholds that he'll be aiming for, the first being 50% as that'll make sure he's able to do whatever the f*** he wants. The second threshold is 70 something % (iirc) which is the point at which he can take the club off of the stock market, and the last threshold is 90 something % which is the point where everyone else is forced to sell up.

If Freddy decides not to sell, then this new bloke will only be able to acquire a maximum of 70.1%, which is still good enough as come the next AGM, he can simply 'vote' himself in and anybody he doens't want out.

interesting post
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Wullie on Wednesday 23 May 2007, 02:46:47 PM
Freddy would have to be mad not to take this offer too, it's way over the odds for each share. This bloke is f***ing serious.

:banana:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Martin Lol on Wednesday 23 May 2007, 02:46:49 PM
A little more info:

He's thick with Levy, Lewis and Kemsley leading to rumours that he would do a buy out at Spurs, although he'd never given any indication that he would.  Genuine football man so, in many ways, a better person to buy a club than an Abramovich.

He gets a mention here:

http://business.timesonline.co.uk/tol/business/industry_sectors/media/article745385.ece
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Karjala on Wednesday 23 May 2007, 02:47:02 PM
Does this mean he'll make the toon shirts more expensive in Sports World, or stop selling the mackems shirts altogether?! ;)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: toonbaz on Wednesday 23 May 2007, 02:47:09 PM
as much as freddy says he wont sell i'm sure if he was to lose his control over the club he would take the money and run.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: a random player who doesn't even play for us any more on Wednesday 23 May 2007, 02:47:14 PM
(http://www.telegraph.co.uk/money/graphics/2006/12/16/cnsports16.jpg)

He's the fella on the right.
Hahaa

The one in the glasses?

No, the fella on the right.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 02:48:30 PM
Surely at the very least this should mean notable extra investment in the club (ie playing staff)?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Wednesday 23 May 2007, 02:48:33 PM
" Greggs owners now fear a take over bid from Newcastle Chariman Freddy Shepherd, they expect him to feel the need to be comfort eating in the very near future"
:D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Karjala on Wednesday 23 May 2007, 02:48:47 PM
Bird on the left is alright like
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Chris_R on Wednesday 23 May 2007, 02:49:00 PM
This is possibly the best Newcastle United related news I've heard in ages. An English Billionaire wants our club and has just bought nearly half of it.

I think I need to go and have a lie down!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Disco on Wednesday 23 May 2007, 02:49:11 PM
All sounds very promising.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Echo on Wednesday 23 May 2007, 02:50:28 PM
as much as freddy says he wont sell i'm sure if he was to lose his control over the club he would take the money and run.

Bog standard thing to say when you're holding out for a good price "I won't sell!"  He's hardly going to say "I'm more than happy to sell..."  and then drive a hard bargain with the buyer.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Pip on Wednesday 23 May 2007, 02:50:32 PM
How will this affect our plans though? I'm pretty sure Allardyce would have planned on spending x amount of money. It'll also affect whatever transfers we have on the iron atm, and how will this affect the proposed expansion to SJP that was announced awhile back?

Jesus. I can't believe it's actually happening. And out of f***ing nowhere as well!! :lol:

Get in!!

The guy seems to be a genuine businessman as well. I'm just wondering though, has he sold up his stock in Sports World or whatever it was? Is he free from his other major commitments? He sounds really astute and the type of businessman that would take care of the club (and stay out of the limelight). Get in!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: thedudeabides on Wednesday 23 May 2007, 02:50:42 PM
Wooo hooo.


Has anyone heard from NE5.......is he okay?  O0
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Leazes1986 on Wednesday 23 May 2007, 02:50:49 PM
I'm f***ing gobsmacked over what has just happened to this club in the last week! Who'd have thought it. Everything was doom and gloom a few weeks back :)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 02:51:04 PM
Wooo hooo.


Has anyone heard from NE5.......is he okay?  O0

Apparently he's seeking counselling.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ennyoueffsea on Wednesday 23 May 2007, 02:51:15 PM

Oh, and doesn't 41% mean both Sir John AND Douglas' shares?


This from nufc.com - St James’ Holdings Limited, a company set up specifically to buy shares in the club, has acquired 55,342,223 shares at 100p each from Wynyard (Guernsey) Limited, Cameron Hall Developments Limited and Cameron Hall Developments Limited Executive Pension Scheme, the holdings of Sir John Hall and his family.   O0
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Wullie on Wednesday 23 May 2007, 02:52:22 PM
Am I the only one who's just ran round the house punching the air?  :blush:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 02:52:40 PM
Douglas Hall out?

Smile can not be removed from my face right now.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: DavB93 on Wednesday 23 May 2007, 02:52:51 PM
Class news...
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Gallowgate End on Wednesday 23 May 2007, 02:52:58 PM
At last

Now f**k off Freddy Shepherd you c***
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: a random player who doesn't even play for us any more on Wednesday 23 May 2007, 02:53:12 PM
Am I the only one who's just ran round the house punching the air?  :blush:
Yes.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: KaKa on Wednesday 23 May 2007, 02:53:14 PM
A little more info:

He's thick with Levy, Lewis and Kemsley leading to rumours that he would do a buy out at Spurs, although he'd never given any indication that he would.  Genuine football man so, in many ways, a better person to buy a club than an Abramovich.

He gets a mention here:

http://business.timesonline.co.uk/tol/business/industry_sectors/media/article745385.ece

Are you serious?

Is everything under the sun somehow linked to Tottenham???
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Wednesday 23 May 2007, 02:53:22 PM
Am I the only one who's just ran round the house punching the air?  :blush:
Still fkn running, just stopping to type the odd thing, and ring every fker I know :D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Knightrider on Wednesday 23 May 2007, 02:53:57 PM
Am I the only one who's just ran round the house punching the air?  :blush:

Nope.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 02:54:13 PM
Tears of joy, tears of joy.

Alright not quite but close.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Chris_R on Wednesday 23 May 2007, 02:54:16 PM
£10 says the Chronicle now turn on Freddy. Always like to back the winner, those lot.

Though on the other hand, Oliver is unlikely to get much in the way of soundbites from a media-shy owner.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: shido on Wednesday 23 May 2007, 02:54:20 PM
(http://www.telegraph.co.uk/money/graphics/2006/12/16/cnsports16.jpg)

He's the fella on the right.

The one in the glasses?

;D

(http://i58.photobucket.com/albums/g255/shidoh/cnsports16.jpg)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: UV on Wednesday 23 May 2007, 02:54:22 PM
<snip>

[edit] Whistleblower
Ashley turned whistleblower on industry rivals in 2000, handing the Office of Fair Trading evidence of business meetings held by sports retailers to fix the price of football shirts. Ashley attended a meeting at the Cheshire home of David Hughes, the chairman of now bankrupt rival Allsports. At the meeting Dave Whelan, the founder of JJB Sports, reportedly told Ashley: "There's a club in the north son, and you're not part of it."

<snip>

Obviously got hold of the wrong end of the stick there ...


If nothing else we should get cheaper replica kits. Hopefully Kangol.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Delima on Wednesday 23 May 2007, 02:54:23 PM
Am I the only one who's just ran round the house punching the air?  :blush:

No :D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Toon83 on Wednesday 23 May 2007, 02:54:35 PM

Oh, and doesn't 41% mean both Sir John AND Douglas' shares?


This from nufc.com - St James’ Holdings Limited, a company set up specifically to buy shares in the club, has acquired 55,342,223 shares at 100p each from Wynyard (Guernsey) Limited, Cameron Hall Developments Limited and Cameron Hall Developments Limited Executive Pension Scheme, the holdings of Sir John Hall and his family.   O0

If this is true about the company being set up just to buy the club then this is very promising!!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Raconteur on Wednesday 23 May 2007, 02:55:19 PM

Oh, and doesn't 41% mean both Sir John AND Douglas' shares?


This from nufc.com - St James’ Holdings Limited, a company set up specifically to buy shares in the club, has acquired 55,342,223 shares at 100p each from Wynyard (Guernsey) Limited, Cameron Hall Developments Limited and Cameron Hall Developments Limited Executive Pension Scheme, the holdings of Sir John Hall and his family.   O0

Cheers - although when I bothered to read the Stock Market press release I discovered that little gem :thup:

Next question - any response from Freddy? Is it on .cock yet?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Echo on Wednesday 23 May 2007, 02:55:19 PM
Top of the hour news now - must be going live to St James park you'd think - Still getting drowned out by some Liverpool thingy at the mo
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Magpie on Wednesday 23 May 2007, 02:55:22 PM
http://news.bbc.co.uk/1/hi/business/6684573.stm

WOOHOO Takeover attempt on.......
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Fugazi on Wednesday 23 May 2007, 02:55:36 PM
http://investing.reuters.co.uk/news/articleinvesting.aspx?type=smallCapsNews&storyID=2007-05-23T132533Z_01_WLA9171_RTRIDST_0_NEWCASTLE-OFFER-URGENT.XML

So they've made a bid for the rest of the shares now?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Toon83 on Wednesday 23 May 2007, 02:56:36 PM
anyone got a link to this stock market press release?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Wullie on Wednesday 23 May 2007, 02:56:52 PM
anyone got a link to this stock market press release?

First post.

HoH, it looks that way, yes.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 02:57:08 PM
how f***ing slow are some people? READ THE THREAD!!!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Redknapp on Wednesday 23 May 2007, 02:58:01 PM
Are you serious?

Is everything under the sun somehow linked to Tottenham???
According to there delluded supporters, yes!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Matt on Wednesday 23 May 2007, 02:58:49 PM
http://investing.reuters.co.uk/news/articleinvesting.aspx?type=smallCapsNews&storyID=2007-05-23T132533Z_01_WLA9171_RTRIDST_0_NEWCASTLE-OFFER-URGENT.XML

So they've made a bid for the rest of the shares now?

Yes, but the offer has to come out as the announcement about Hall's shares, so it's all in one go.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Wednesday 23 May 2007, 02:59:16 PM
shifty bugger according to all acounts
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Gash? on Wednesday 23 May 2007, 02:59:32 PM
Great News for NUFC!!

But i reckon Sam will be let confused by all of this and his position, not as manager, but the money/transfers he has!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 02:59:36 PM
So I'm right in thinking this'll significantly increase Sam's transfer budget for the summer, right?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Martin Lol on Wednesday 23 May 2007, 02:59:52 PM
A little more info:

He's thick with Levy, Lewis and Kemsley leading to rumours that he would do a buy out at Spurs, although he'd never given any indication that he would.  Genuine football man so, in many ways, a better person to buy a club than an Abramovich.

He gets a mention here:

http://business.timesonline.co.uk/tol/business/industry_sectors/media/article745385.ece

Are you serious?

Is everything under the sun somehow linked to Tottenham???

I put the link in because if I didn't you wouldn't have believed it! :lol:

I've seen him in the Directors box at WHL before now.  He'll be good for Newcastle.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Wednesday 23 May 2007, 02:59:56 PM
Allardyce must be sweating.............
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dragon55544 on Wednesday 23 May 2007, 03:00:05 PM
Is it just me or is anyone else happy that we didnt get bought out by some random American? Ive got nothing against Americans, I'd just rather be owned by some-one from U.K.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: matta on Wednesday 23 May 2007, 03:00:29 PM
i love mai 23th. what a beautiful day.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: geordie_b on Wednesday 23 May 2007, 03:01:11 PM
For anyone interested, the company details

ST JAMES HOLDINGS LIMITED
GRENVILE COURT, BRITWELL ROAD
BURNHAM
BUCKS
SL1 8DF
Company No. 06254688

      
Status: Active
Date of Incorporation: 21/05/2007

Country of Origin: United Kingdom
Company Type: Private Limited Company
Nature of Business (SIC(03)):
None Supplied
Accounting Reference Date: 31/05
Last Accounts Made Up To:  (NO ACCOUNTS FILED)
Next Accounts Due: 21/03/2009
Last Return Made Up To:
Next Return Due: 18/06/2008


Bah...... we dont want a southerner running the club!!!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 03:01:11 PM
we'll have Comoli off you then Spudfeatures
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Pip on Wednesday 23 May 2007, 03:01:21 PM
shifty bugger according to all acounts

Can you elaborate, Rob?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: shido on Wednesday 23 May 2007, 03:01:22 PM
Is it just me or is anyone else happy that we didnt get bought out by some random American? Ive got nothing against Americans, I'd just rather be owned by some-one from U.K.

Definately not just you dude. Any take over i would have accepted..but an english one is nicer.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: toonbaz on Wednesday 23 May 2007, 03:01:51 PM
was just about to go out to sports world to buy some golf balls, at least i know my money is going to good use
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Raconteur on Wednesday 23 May 2007, 03:02:08 PM
shifty bugger according to all acounts

Any chance you can link us to some of these accounts?

I for one was heartened to read the "whistleblower" part of that wiki link... But then again, it is wiki
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 03:02:14 PM
Is it just me or is anyone else happy that we didnt get bought out by some random American? Ive got nothing against Americans, I'd just rather be owned by some-one from U.K.

football or soccer?

club or franchise?

you won't find anyone preferring a Yank imho
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Coco on Wednesday 23 May 2007, 03:02:23 PM
f***ing amazing!  :cheesy:

I was happy enough getting Sam in the door, but this is something else...



Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: KaKa on Wednesday 23 May 2007, 03:03:31 PM
Allardyce must be sweating.............

Nah ... he's foaming at the mouth.

He was already giddy at the resources being promised to him and now you have this! Someone better check on him actually.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Echo on Wednesday 23 May 2007, 03:03:50 PM
Link (http://images.google.com/imgres?imgurl=http://www.ultralex.com/portraitsjpgs/w_mike_ash.jpg&imgrefurl=http://www.ultralex.com/portraitsjpgs/w_mike_ash.html&h=396&w=500&sz=59&hl=en&start=154&tbnid=66YqiqV8hv7hrM:&tbnh=103&tbnw=130&prev=/images%3Fq%3Dmike%2Bashley%26start%3D140%26gbv%3D2%26ndsp%3D20%26svnum%3D10%26hl%3Den%26ie%3DUTF-8%26sa%3DN)

Did a google search - I reckon there's going to be big changes!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: JH on Wednesday 23 May 2007, 03:04:07 PM
Billionaire? Yes
Geordie? No

One outta two aint bad Freddy is it? Come and sell your shares :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: STM on Wednesday 23 May 2007, 03:04:08 PM
The big question is will he knock freddy away form the reigns of power? I hope he does..... a new era for Newcastle United me thinks.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 03:04:14 PM
(http://images.teamtalk.com/07/05/330/Ashley_225477.jpg)

 :smitten:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Wullie on Wednesday 23 May 2007, 03:04:41 PM
Link (http://images.google.com/imgres?imgurl=http://www.ultralex.com/portraitsjpgs/w_mike_ash.jpg&imgrefurl=http://www.ultralex.com/portraitsjpgs/w_mike_ash.html&h=396&w=500&sz=59&hl=en&start=154&tbnid=66YqiqV8hv7hrM:&tbnh=103&tbnw=130&prev=/images%3Fq%3Dmike%2Bashley%26start%3D140%26gbv%3D2%26ndsp%3D20%26svnum%3D10%26hl%3Den%26ie%3DUTF-8%26sa%3DN)

Did a google search - I reckon there's going to be big changes!

 :lol: :lol: :lol: :lol: :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: eyeball_tickler on Wednesday 23 May 2007, 03:05:35 PM
Link (http://images.google.com/imgres?imgurl=http://www.ultralex.com/portraitsjpgs/w_mike_ash.jpg&imgrefurl=http://www.ultralex.com/portraitsjpgs/w_mike_ash.html&h=396&w=500&sz=59&hl=en&start=154&tbnid=66YqiqV8hv7hrM:&tbnh=103&tbnw=130&prev=/images%3Fq%3Dmike%2Bashley%26start%3D140%26gbv%3D2%26ndsp%3D20%26svnum%3D10%26hl%3Den%26ie%3DUTF-8%26sa%3DN)

Did a google search - I reckon there's going to be big changes!

i got this...

http://www.t-nation.com/forum_images/869479.1136238690179.mike_ashley.jpg

big sams fitness regime looks to be a winner
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: STM on Wednesday 23 May 2007, 03:05:47 PM
(http://images.teamtalk.com/07/05/330/Ashley_225477.jpg)

 :smitten:

Looks to much like freddy for my liking!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Thandi_45 on Wednesday 23 May 2007, 03:05:50 PM
Yessssss, Great news. I now gotta catch a plane to Cuba! keep me updated guys.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 03:05:50 PM
I don't think Fred will sell, he'll take a back seat and rake in the dividends that he will demand from the chairman
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Pip on Wednesday 23 May 2007, 03:06:19 PM
I reckon Allardyce will be sweating. This new bloke will obviously want to bring his own man in, but he won't right away because he has to give Allardyce a chance, especially considering that he's only been here a week. I reckon Allardyce gets a year and then he's off (unless we do well). He'll have the funds and resources to significantly improve us now, so if he doesn't accomplish something next season, he's gone imo.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Nobody on Wednesday 23 May 2007, 03:07:05 PM
Mike Ashley+Sam Allardyce=Success!!

Get the f*** in!! :D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 03:07:20 PM
"The Offer is not intended to be made, directly or indirectly, in, into or from
Australia, Canada, Japan or the United States and the Offer will not be capable
of acceptance from or within Australia, Canada, Japan or the United States.
Accordingly, copies of this announcement are not being, and must not be,
directly or indirectly, mailed or otherwise forwarded, distributed or sent in,
into or from Australia, Canada, Japan or the United States and persons receiving
this announcement (including custodians, nominees and trustees) must not mail or
otherwise distribute or send it in, into or from such jurisdictions, as doing so
may invalidate any purported acceptance of the Offer."



:lol: N-O breaking stock market rules
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: DavB93 on Wednesday 23 May 2007, 03:07:22 PM
I for one think Big Sam will be safe, this bloke won't of bought the shares not knowing what he's coming into...
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: shido on Wednesday 23 May 2007, 03:08:08 PM
(http://images.teamtalk.com/07/05/330/Ashley_225477.jpg)

 :smitten:

Looks to much like freddy for my liking!

He's a chunky funster yes...but at least there is some warmth about his face (not in a gay way)....Fat fred just looks like...gah i dunno a husk of a fat f***....
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 03:08:36 PM
http://en.wikipedia.org/wiki/Mike_Ashley_%28businessman%29

:lol:

Alright, who made the edit?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: a random player who doesn't even play for us any more on Wednesday 23 May 2007, 03:08:41 PM
I for one think Big Sam will be safe, this bloke won't of bought the shares not knowing what he's coming into...
Didn't Wullie or someone just post a passage with quotes from Ashley praising the appointment of Allardyce?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Nobody on Wednesday 23 May 2007, 03:08:55 PM
Also, couldn't have happened at a better time like! New manager, just at the start of a re-building process!

AND, FFS wasn't lying when he said that he'd f*** off after we won a trophy! ;) Just waiting for the right one! :D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 03:09:15 PM
I for one think Big Sam will be safe, this bloke won't of bought the shares not knowing what he's coming into...

wouldn't have made a blind bit of difference, he can hire and fire whoever he likes
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Toon83 on Wednesday 23 May 2007, 03:09:20 PM
I reckon Allardyce will be sweating. This new bloke will obviously want to bring his own man in, but he won't right away because he has to give Allardyce a chance, especially considering that he's only been here a week. I reckon Allardyce gets a year and then he's off (unless we do well). He'll have the funds and resources to significantly improve us now, so if he doesn't accomplish something next season, he's gone imo.
I reckon Allardyce will be sweating. This new bloke will obviously want to bring his own man in, but he won't right away because he has to give Allardyce a chance, especially considering that he's only been here a week. I reckon Allardyce gets a year and then he's off (unless we do well). He'll have the funds and resources to significantly improve us now, so if he doesn't accomplish something next season, he's gone imo.

"Newcastle United has a wonderful heritage and the passion of its fans is legendary," Mr Ashley said in a statement.

"I am sure that, like me, they are already excited about the prospects for next season under the new manager's stewardship."  (from bbc.co.uk)

looks like Allardyce is safe
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Montey on Wednesday 23 May 2007, 03:09:30 PM
Firstly.... you fecking beauty!!!!!

Secondly.... does anyone know what prior links this guy has to NUFC?  I want to know what would be driving him to buy.  Is he a fan, is this strictly business?  If it's business, is he in to long term investments or is he in to quick returns?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Echo on Wednesday 23 May 2007, 03:10:00 PM
I reckon Allardyce will be sweating. This new bloke will obviously want to bring his own man in, but he won't right away because he has to give Allardyce a chance, especially considering that he's only been here a week. I reckon Allardyce gets a year and then he's off (unless we do well). He'll have the funds and resources to significantly improve us now, so if he doesn't accomplish something next season, he's gone imo.

Nahh, makes no difference to him it can only be better now for him, He's got a 3 year contract that would need settling first - and remember Freddy's revolving door policy.   
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Raconteur on Wednesday 23 May 2007, 03:10:07 PM
"The Offer is not intended to be made, directly or indirectly, in, into or from
Australia, Canada, Japan or the United States and the Offer will not be capable
of acceptance from or within Australia, Canada, Japan or the United States.
Accordingly, copies of this announcement are not being, and must not be,
directly or indirectly, mailed or otherwise forwarded, distributed or sent in,
into or from Australia, Canada, Japan or the United States and persons receiving
this announcement (including custodians, nominees and trustees) must not mail or
otherwise distribute or send it in, into or from such jurisdictions, as doing so
may invalidate any purported acceptance of the Offer."



:lol: N-O breaking stock market rules

I felt quite naughty knowing I shouldn't be reading it :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 03:10:17 PM
"Ashley is an intensely private person, who never attends industry functions or gives interviews."

Perfect.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Coco on Wednesday 23 May 2007, 03:11:01 PM
I reckon Allardyce will be sweating. This new bloke will obviously want to bring his own man in, but he won't right away because he has to give Allardyce a chance, especially considering that he's only been here a week. I reckon Allardyce gets a year and then he's off (unless we do well). He'll have the funds and resources to significantly improve us now, so if he doesn't accomplish something next season, he's gone imo.

Dunno about that. This guy sounds astute enough, and enough of a football man to know what Sam's all about. I reckon he could stick with him. But who knows, some of the articles I've read in the last half hour seem to indicate that this fella doesn't take half measures. If he's taking us over, it'll be with the intention of making us the best, and that might mean changes...
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Shotgun Mick on Wednesday 23 May 2007, 03:11:05 PM
The 'Sports Soccer Stadium' has quite a ring to it.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Pip on Wednesday 23 May 2007, 03:11:26 PM
I for one think Big Sam will be safe, this bloke won't of bought the shares not knowing what he's coming into...

You think after making an offer of £130m and supposedly having a £bn in his bank account, he'll sweat if he has to pay off Allardyce after a season? You think he'll sweat if he has to spend £6m to sack him?

One of the big reasons the Allardyce hire was a coup was because he's good at getting the best out of underachieving players, and he's also good with a shoestring budget. However, with this new fella, if he is actually for real, why would he want someone like Allardyce? Just think about it for a second. Why wouldn't he want someone proven at the highest level to be the manager? Assuming he's going to free up cash for his manager, it's just logical to go for someone who's proven and who will deliver some form of success. Big Sam has a season if this guy's for real.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Optimistic Nut on Wednesday 23 May 2007, 03:11:52 PM
Fantastic also that while the club has sold it's strips for £39, for years people have been boosting our future owner's coffers to the tune of £31 each as well. :)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dr Spectrum on Wednesday 23 May 2007, 03:11:53 PM
http://en.wikipedia.org/wiki/Mike_Ashley_%28businessman%29

:lol:

Alright, who made the edit?

Same person who edited Daniel Alves' article to say he was going to Boro :laugh:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: James on Wednesday 23 May 2007, 03:12:21 PM
"The Offer is not intended to be made, directly or indirectly, in, into or from
Australia, Canada, Japan or the United States and the Offer will not be capable
of acceptance from or within Australia, Canada, Japan or the United States.
Accordingly, copies of this announcement are not being, and must not be,
directly or indirectly, mailed or otherwise forwarded, distributed or sent in,
into or from Australia, Canada, Japan or the United States and persons receiving
this announcement (including custodians, nominees and trustees) must not mail or
otherwise distribute or send it in, into or from such jurisdictions, as doing so
may invalidate any purported acceptance of the Offer."



:lol: N-O breaking stock market rules

What have we got to do with Australia, Canada, Japan or the United States?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Wednesday 23 May 2007, 03:12:41 PM
shifty bugger according to all acounts

Can you elaborate, Rob?

Since his flotation of Sports World last year  the shares have slid badly and the financial papers have been saying they aren't sure what the hell he's up to - he treats the (public) company as if it was still his own and they feel he's taken the money and run - i'll see if I can find a link
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Isegrim on Wednesday 23 May 2007, 03:12:54 PM
I reckon Allardyce will be sweating. This new bloke will obviously want to bring his own man in, but he won't right away because he has to give Allardyce a chance, especially considering that he's only been here a week. I reckon Allardyce gets a year and then he's off (unless we do well). He'll have the funds and resources to significantly improve us now, so if he doesn't accomplish something next season, he's gone imo.

Nahh, makes no difference to him it can only be better now for him, He's got a 3 year contract that would need settling first - and remember Freddy's revolving door policy.   

According to the stock market announcement he said: "I am sure that, like me, they are already excited about the prospects for next season under the new manager's stewardship." I think that makes it pretty clear what he thinks about Allardyce.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Wullie on Wednesday 23 May 2007, 03:13:01 PM
He's not going to come in and sack the new manager ffs. :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 03:13:38 PM
I for one think Big Sam will be safe, this bloke won't of bought the shares not knowing what he's coming into...

You think after making an offer of £130m and supposedly having a £bn in his bank account, he'll sweat if he has to pay off Allardyce after a season? You think he'll sweat if he has to spend £6m to sack him?

One of the big reasons the Allardyce hire was a coup was because he's good at getting the best out of underachieving players, and he's also good with a shoestring budget. However, with this new fella, if he is actually for real, why would he want someone like Allardyce? Just think about it for a second. Why wouldn't he want someone proven at the highest level to be the manager? Assuming he's going to free up cash for his manager, it's just logical to go for someone who's proven and who will deliver some form of success. Big Sam has a season if this guy's for real.

Eh?

If Sam can get players in cheap and shrewdly, then I'm all for it. The extra resources will help a lot, but just because Ashley is coming in doesn't mean we have to be less careful with our spending.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: a random player who doesn't even play for us any more on Wednesday 23 May 2007, 03:13:51 PM
Could we thank Allardyce for this? if he hadn't have come he might not of even offered?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Pip on Wednesday 23 May 2007, 03:14:03 PM
I reckon Allardyce will be sweating. This new bloke will obviously want to bring his own man in, but he won't right away because he has to give Allardyce a chance, especially considering that he's only been here a week. I reckon Allardyce gets a year and then he's off (unless we do well). He'll have the funds and resources to significantly improve us now, so if he doesn't accomplish something next season, he's gone imo.

"Newcastle United has a wonderful heritage and the passion of its fans is legendary," Mr Ashley said in a statement.

"I am sure that, like me, they are already excited about the prospects for next season under the new manager's stewardship."  (from bbc.co.uk)

looks like Allardyce is safe

Not really. Do you expect him to come out and say 'I expect success in the first year or else Sam's gone'?? Of course not man! He won't want to rock the boat right away, but seeing as he's been a highly successful businessman, do you think he'll let someone unproven like Allardyce try to take this club to a place that he himself has never been? (ie. Champions League)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 03:14:21 PM
http://en.wikipedia.org/wiki/Mike_Ashley_%28businessman%29

:lol:

Alright, who made the edit?

Same person who edited Daniel Alves' article to say he was going to Boro :laugh:

"This surely makes NUFC the biggest club in the UK if not Europe. Finally our proud history will have a new chapter."

:lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 03:14:42 PM
Often derided as a Tesco like "pile it high, sell it cheap" merchant after his transformation of the croquet-set loving Lillywhites, Ashley's chain has a more advanced approach. The chain will often use a Closing Down sales tactic on its multiple brand outlets, and re-open in another location soon afterwards. Customers are also drawn into the store by almost margin-less promotions on perceived high-value brands like Nike trainers and Adidas tops, making money for Sports World when they also buy an own brand item marked up at a substantial margin


Jonny2J must be really conflicted right now :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Lazy on Wednesday 23 May 2007, 03:15:51 PM
God seems to be listening to our prayers at the moment, make the most of it, I'm asking for a few billion in the bank for myself!

This is great news though, but will he give us a huge transfer budget or we he keeps things the same?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ChezGiven on Wednesday 23 May 2007, 03:16:11 PM
I reckon Allardyce will be sweating. This new bloke will obviously want to bring his own man in, but he won't right away because he has to give Allardyce a chance, especially considering that he's only been here a week. I reckon Allardyce gets a year and then he's off (unless we do well). He'll have the funds and resources to significantly improve us now, so if he doesn't accomplish something next season, he's gone imo.

"Newcastle United has a wonderful heritage and the passion of its fans is legendary," Mr Ashley said in a statement.

"I am sure that, like me, they are already excited about the prospects for next season under the new manager's stewardship."  (from bbc.co.uk)

looks like Allardyce is safe

Not really. Do you expect him to come out and say 'I expect success in the first year or else Sam's gone'??? Of course not man! He won't want to rock the boat right away, but seeing as he's been a highly successful businessman, do you think he'll let someone unproven like Allardyce try to take this club to a place that he himself has never been? (ie. Champions League)

Its far more likely, imo, that the opposite of what you think is the case. Hiring the right managerial talent is one of the hardest things to do. A businessman of this calibre would recognise this. 
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Wednesday 23 May 2007, 03:16:12 PM
http://business.timesonline.co.uk/tol/business/industry_sectors/retailing/article1719198.ece

 April 29, 2007
Ashley admits blunders on Sports Direct float
Jenny Davey and Louise Armitstead

MIKE ASHLEY issued a mea culpa this weekend, admitting in a rare interview that he messed up the £2.2 billion flotation of his sportswear empire, Sports Direct.

Amid mounting investor concern, the sports billionaire conceded that he was “very green” when he floated the business in February on the London Stock Exchange and should have had an investor-relations (IR) firm in place before the listing. “I think it was probably not correct to not have an IR firm in place before the float, if I’m honest. If I did this again I would have them on board many months before.

“Being very green, you don’t understand some things if you’ve never been there before,” he said.

Ashley, deputy chairman of Sports Direct, likened the situation since listing to being stranded on a leaking ship. “It’s been like taking the water out of the boat with the water coming in at the sides,” he said.

The company is now on a mission to bring its corporate governance up to scratch and rebuild trust in the City.

It has emerged that Sports Direct, chaired by former Whitbread executive David Richardson, has begun hiring headhunters to find directors to strengthen the board. It plans to appoint one or two new nonexecutive directors to bring the company into line with corporate-governance rules, which recommend companies have an equal number of executive and nonexecutive directors.

The discount retailer, whose brands include Dunlop, Slazenger and Kangol, has had its credibility tarnished since it was brought to market. The share price has bombed by more than 20% since its 300p-a-share flotation at the end of February.

Ashley, who sold a 43% stake in the business for more than £900m at the time, has avoided the limelight in the past few weeks, leading to criticism that he has not been accessible enough to investors. Not long after taking his business public he fired Tul-chan, his public-relations adviser.

Last week the company shocked the market again with a trading statement that warned sales growth in Britain would be slower than earlier in the year. Despite reassuring investors that costs had fallen and earnings would be roughly in line with expectations, a number of analysts subsequently downgraded their forecasts. Just days before Citigroup, the American bank that worked with Merrill Lynch on the float, had downgraded its own profit forecasts.

“It [the trading statement] was meant to reassure the City but for some reason it had the opposite effect,” said Ashley.

Ashley and Richardson spent hours on the telephone and in meetings last week trying to appease angry shareholders. Sports Direct does not have an official broker yet – although Merrill Lynch has been acting as the group’s de facto broker.

Richardson moved at the end of last week to formalise that relationship, and an announcement is expected shortly. A replacement PR adviser and investor-relations firm will soon be appointed. Richardson has told investors he is aware the company must close the gap between its behaviour and acceptable conduct for a listed company.

Meanwhile, concern is growing among fund managers and analysts over a £20m stock write-down at Sports Direct the year before flotation. Many are baffled by the hit, which was stated in the company’s listing documents. Ashley told a group of investors that this was due to “shrinkage” – that £20m of stock had been stolen or written off. The mystery £20m is jokingly being referred to as the Great Trainer Robbery.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Wednesday 23 May 2007, 03:16:50 PM
as bad as Fat Fred it sounds like
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: buzza on Wednesday 23 May 2007, 03:16:55 PM
WoW!!!!
Excellent, just changed a half hearted pre season into a fricking mega wankk top piece of trout!!!!!!!!!!1

...on them again!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Disco on Wednesday 23 May 2007, 03:17:14 PM
He's not going to come in and sack the new manager ffs. :lol:

cost him bout £10m to do so wouldn't it?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 03:17:16 PM
http://business.timesonline.co.uk/tol/business/industry_sectors/retailing/article1719198.ece

 April 29, 2007
Ashley admits blunders on Sports Direct float
Jenny Davey and Louise Armitstead

MIKE ASHLEY issued a mea culpa this weekend, admitting in a rare interview that he messed up the £2.2 billion flotation of his sportswear empire, Sports Direct.

Amid mounting investor concern, the sports billionaire conceded that he was “very green” when he floated the business in February on the London Stock Exchange and should have had an investor-relations (IR) firm in place before the listing. “I think it was probably not correct to not have an IR firm in place before the float, if I’m honest. If I did this again I would have them on board many months before.

“Being very green, you don’t understand some things if you’ve never been there before,” he said.

Ashley, deputy chairman of Sports Direct, likened the situation since listing to being stranded on a leaking ship. “It’s been like taking the water out of the boat with the water coming in at the sides,” he said.

The company is now on a mission to bring its corporate governance up to scratch and rebuild trust in the City.

It has emerged that Sports Direct, chaired by former Whitbread executive David Richardson, has begun hiring headhunters to find directors to strengthen the board. It plans to appoint one or two new nonexecutive directors to bring the company into line with corporate-governance rules, which recommend companies have an equal number of executive and nonexecutive directors.

The discount retailer, whose brands include Dunlop, Slazenger and Kangol, has had its credibility tarnished since it was brought to market. The share price has bombed by more than 20% since its 300p-a-share flotation at the end of February.

Ashley, who sold a 43% stake in the business for more than £900m at the time, has avoided the limelight in the past few weeks, leading to criticism that he has not been accessible enough to investors. Not long after taking his business public he fired Tul-chan, his public-relations adviser.

Last week the company shocked the market again with a trading statement that warned sales growth in Britain would be slower than earlier in the year. Despite reassuring investors that costs had fallen and earnings would be roughly in line with expectations, a number of analysts subsequently downgraded their forecasts. Just days before Citigroup, the American bank that worked with Merrill Lynch on the float, had downgraded its own profit forecasts.

“It [the trading statement] was meant to reassure the City but for some reason it had the opposite effect,” said Ashley.

Ashley and Richardson spent hours on the telephone and in meetings last week trying to appease angry shareholders. Sports Direct does not have an official broker yet – although Merrill Lynch has been acting as the group’s de facto broker.

Richardson moved at the end of last week to formalise that relationship, and an announcement is expected shortly. A replacement PR adviser and investor-relations firm will soon be appointed. Richardson has told investors he is aware the company must close the gap between its behaviour and acceptable conduct for a listed company.

Meanwhile, concern is growing among fund managers and analysts over a £20m stock write-down at Sports Direct the year before flotation. Many are baffled by the hit, which was stated in the company’s listing documents. Ashley told a group of investors that this was due to “shrinkage” – that £20m of stock had been stolen or written off. The mystery £20m is jokingly being referred to as the Great Trainer Robbery.

Eh, well at least he admits to his mistakes unlike some people.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 03:18:14 PM
as bad as Fat Fred it sounds like

Not really, though my understanding of the business world is very limited.

Anyway, Rob, stop trying to dampen our happiness :)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Pip on Wednesday 23 May 2007, 03:18:21 PM
I for one think Big Sam will be safe, this bloke won't of bought the shares not knowing what he's coming into...

You think after making an offer of £130m and supposedly having a £bn in his bank account, he'll sweat if he has to pay off Allardyce after a season? You think he'll sweat if he has to spend £6m to sack him?

One of the big reasons the Allardyce hire was a coup was because he's good at getting the best out of underachieving players, and he's also good with a shoestring budget. However, with this new fella, if he is actually for real, why would he want someone like Allardyce? Just think about it for a second. Why wouldn't he want someone proven at the highest level to be the manager? Assuming he's going to free up cash for his manager, it's just logical to go for someone who's proven and who will deliver some form of success. Big Sam has a season if this guy's for real.

Eh?

If Sam can get players in cheap and shrewdly, then I'm all for it. The extra resources will help a lot, but just because Ashley is coming in doesn't mean we have to be less careful with our spending.

Yes I realize that, but would you rather give some money to someone who's spent it successfully in the past? Or someone who hasn't really spent it before?

He's not going to sack Allardyce right away, but I won't be surprised if he wants to bring someone with a better pedigree in after a year or so.

If he's for real, he'll give the manager lots of money to spend. Now if you were him, would you want to give £30m or whatever to someone like Allardyce? Someone who's never spent that kind of money before?

I like Allardyce and I'll think he'll do well, but to repeat this point again, if he's given a shitload of money and he doesn't deliver, it wouldn't surprise me to see him go after a season.

Unless of course he was talking with SJH before Allardyce was hired and 'approved' of the hiring.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: smoggeordie on Wednesday 23 May 2007, 03:18:58 PM
He's not going to come in and sack the new manager ffs. :lol:

cost him bout £10m to do so wouldn't it?

Loose change to us now ;)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Magpie on Wednesday 23 May 2007, 03:19:02 PM
Sir John Hall said:

'I have been associated with the direction of Newcastle United for nearly 20
years.  In that time, I have led the club and, before I retired, led the team
responsible for the modernisation of the club we all see today.

It is now time for me to move on and let others take up the challenge of
competing in the global market place.

Mike Ashley is a major player in the sporting world and I am convinced that he
is the right person to take my place and take the club forward.  I am sure he
will be good for the club and its loyal fans and indeed for the region.  I wish
him the very best and hope he enjoys it as much as I have.

Finally, I would like to thank all the fans for their support whilst I was at
the helm and would ask them to lend the same level of support to Mike. He has my
full backing.'

Sounds like two fingers up to FF from SJH!!!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: sittingontheball on Wednesday 23 May 2007, 03:19:03 PM
Its the real Cashley come to stick it up FFS. Take that fatty!

Can we have Tevez now?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 03:19:12 PM
who cares Rob? rather a billionaire amatuer than a millionaire amatuer tbh
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: elbee909 on Wednesday 23 May 2007, 03:19:38 PM
"Ashley is an intensely private person, who never attends industry functions or gives interviews."

Perfect.

Apparently, he doesn't give a s*** about image, just winning.  Being the best.  "He likes to park his tanks on peoples' lawns," said a banker - that bit's from wikipedia but it's a fair quote.  Interesting times!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Inferior Acuña on Wednesday 23 May 2007, 03:20:08 PM
Just got in and no idea what's going on ?!  where the hell did this come from?!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 03:20:13 PM
I for one think Big Sam will be safe, this bloke won't of bought the shares not knowing what he's coming into...

You think after making an offer of £130m and supposedly having a £bn in his bank account, he'll sweat if he has to pay off Allardyce after a season? You think he'll sweat if he has to spend £6m to sack him?

One of the big reasons the Allardyce hire was a coup was because he's good at getting the best out of underachieving players, and he's also good with a shoestring budget. However, with this new fella, if he is actually for real, why would he want someone like Allardyce? Just think about it for a second. Why wouldn't he want someone proven at the highest level to be the manager? Assuming he's going to free up cash for his manager, it's just logical to go for someone who's proven and who will deliver some form of success. Big Sam has a season if this guy's for real.

Eh?

If Sam can get players in cheap and shrewdly, then I'm all for it. The extra resources will help a lot, but just because Ashley is coming in doesn't mean we have to be less careful with our spending.

Yes I realize that, but would you rather give some money to someone who's spent it successfully in the past? Or someone who hasn't really spent it before?

He's not going to sack Allardyce right away, but I won't be surprised if he wants to bring someone with a better pedigree in after a year or so.

If he's for real, he'll give the manager lots of money to spend. Now if you were him, would you want to give £30m or whatever to someone like Allardyce? Someone who's never spent that kind of money before?

I like Allardyce and I'll think he'll do well, but to repeat this point again, if he's given a shitload of money and he doesn't deliver, it wouldn't surprise me to see him go after a season.

Unless of course he was talking with SJH before Allardyce was hired and 'approved' of the hiring.

I think if anything, Sam will still buy shrewdly and won't over-pay for anyone (which has already been the case), but hopefully this'll broaden the spectrum of potential targets we could look into.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Raconteur on Wednesday 23 May 2007, 03:20:28 PM
I reckon Allardyce will be sweating. This new bloke will obviously want to bring his own man in, but he won't right away because he has to give Allardyce a chance, especially considering that he's only been here a week. I reckon Allardyce gets a year and then he's off (unless we do well). He'll have the funds and resources to significantly improve us now, so if he doesn't accomplish something next season, he's gone imo.

"Newcastle United has a wonderful heritage and the passion of its fans is legendary," Mr Ashley said in a statement.

"I am sure that, like me, they are already excited about the prospects for next season under the new manager's stewardship."  (from bbc.co.uk)

looks like Allardyce is safe

Not really. Do you expect him to come out and say 'I expect success in the first year or else Sam's gone'??? Of course not man! He won't want to rock the boat right away, but seeing as he's been a highly successful businessman, do you think he'll let someone unproven like Allardyce try to take this club to a place that he himself has never been? (ie. Champions League)

You seem quite firm in your opinion - do you think he's going to appoint some super-dooper European manager like Capello or something?

You don't become a billionaire without being very shrewd - everyone knows we have troubles from top to bottom, and Sam is exactly the man to sort a lot of that our - on the pitch, backroom, Academy, culture etc.

If anything I'd say this ensures that unless we get relegated (which is most unlikely) he is certain to see out at least his contract to lay the foundations for a successful club...
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: buzza on Wednesday 23 May 2007, 03:20:51 PM
Wankk material, really is!!!
Just look at my new sig....
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: elbee909 on Wednesday 23 May 2007, 03:21:56 PM
So Allardyce says no, no, no to Newcastle United, then he says yes, and Ashley buys into the club suddenly?  Coincidence?  Maybe Sam knew a bit more about who might be in charge in the longer term than we did.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Echo on Wednesday 23 May 2007, 03:22:02 PM
Just been and gone as breaking news on sky sports news - never even been mentioned for half an hour now
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: KaKa on Wednesday 23 May 2007, 03:22:06 PM
I for one think Big Sam will be safe, this bloke won't of bought the shares not knowing what he's coming into...

You think after making an offer of £130m and supposedly having a £bn in his bank account, he'll sweat if he has to pay off Allardyce after a season? You think he'll sweat if he has to spend £6m to sack him?

One of the big reasons the Allardyce hire was a coup was because he's good at getting the best out of underachieving players, and he's also good with a shoestring budget. However, with this new fella, if he is actually for real, why would he want someone like Allardyce? Just think about it for a second. Why wouldn't he want someone proven at the highest level to be the manager? Assuming he's going to free up cash for his manager, it's just logical to go for someone who's proven and who will deliver some form of success. Big Sam has a season if this guy's for real.

Eh?

If Sam can get players in cheap and shrewdly, then I'm all for it. The extra resources will help a lot, but just because Ashley is coming in doesn't mean we have to be less careful with our spending.

Amen my friend, Amen.

I certainly hope we do things the right way and respect the guys finances.

I would hate to imagine that we become just like Chelsea, going for all of the top players, and therefore paying over the odds all the time and paying ridiculously high wages.

We still need to go for younger, hungrier players and not big time superstars all of a sudden.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: eaststar on Wednesday 23 May 2007, 03:22:18 PM
wow.........just read this article..i'msleep in to watch champs leage 4.30 am....i'm dog tired...worked till 7 today....but wow...
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Nobby on Wednesday 23 May 2007, 03:22:40 PM
owns Sports World International

has over 300 UK stores including Sports World

Lillywhites acquired in 2002

owns The Original Shoe Company

In 2006 over took JJB Sports as the UK's largest sportswear retailer

In mid-2006 he bought 25% of Matalan
 
In February 2003 he bought Dunlop and Slazenger for £40M

bought Karrimor in March 2003

bought Kangol for £10M

bought boxing brand Lonsdale

bought tennis brand Donnay

£9 million stake and signed a lucrative long-term deal with Umbro

29.4% stake in Blacks Leisure, the owner of Millets and Mambo

holds stakes in JJB Sports

owns 19% of JD Sports
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Belfast Boy on Wednesday 23 May 2007, 03:22:42 PM
So he's not afraid to admit to his mistake and hopefully will have learned from it then.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: SUPERTOON on Wednesday 23 May 2007, 03:22:45 PM
Question

If freddy rejects his offer will they be joint ownership and both put funds in club??
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: WarrenBartonCentrePartin on Wednesday 23 May 2007, 03:23:05 PM
have you read his wikipedia entry?

he seems like an absolute nutter  :uglystupid2:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Nobby on Wednesday 23 May 2007, 03:23:17 PM
Question

If freddy rejects his offer will they be joint ownership and both put funds in club??
yes
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 03:23:51 PM
This is great though, really great. A couple of weeks ago I couldn't have been more depressed about the club, and now we've got rid of a lot of the dead wood (playing staff side at least), replaced an ineffective manager, and at the very least guaranteed extra investment into the club - all with the possibility of Freddy leaving too!

Not going to get carried away but all signs are positive at the moment. We're finally getting an overhaul at the club, and I'm optimistic.


Wankk material, really is!!!
Just look at my new sig....

:lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: garth on Wednesday 23 May 2007, 03:23:55 PM
So Allardyce says no, no, no to Newcastle United, then he says yes, and Ashley buys into the club suddenly?  Coincidence?  Maybe Sam knew a bit more about who might be in charge in the longer term than we did.

That's what I was thinking also, this seems to much of a coincidence just to happen so quickly like this.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Pip on Wednesday 23 May 2007, 03:24:30 PM
I reckon Allardyce will be sweating. This new bloke will obviously want to bring his own man in, but he won't right away because he has to give Allardyce a chance, especially considering that he's only been here a week. I reckon Allardyce gets a year and then he's off (unless we do well). He'll have the funds and resources to significantly improve us now, so if he doesn't accomplish something next season, he's gone imo.

"Newcastle United has a wonderful heritage and the passion of its fans is legendary," Mr Ashley said in a statement.

"I am sure that, like me, they are already excited about the prospects for next season under the new manager's stewardship."  (from bbc.co.uk)

looks like Allardyce is safe

Not really. Do you expect him to come out and say 'I expect success in the first year or else Sam's gone'??? Of course not man! He won't want to rock the boat right away, but seeing as he's been a highly successful businessman, do you think he'll let someone unproven like Allardyce try to take this club to a place that he himself has never been? (ie. Champions League)

You seem quite firm in your opinion - do you think he's going to appoint some super-dooper European manager like Capello or something?

You don't become a billionaire without being very shrewd - everyone knows we have troubles from top to bottom, and Sam is exactly the man to sort a lot of that our - on the pitch, backroom, Academy, culture etc.

If anything I'd say this ensures that unless we get relegated (which is most unlikely) he is certain to see out at least his contract to lay the foundations for a successful club...


I do think, eventually, if Big Sam spends money and isn't successful, he'll end up looking for a 'super-dooper European manager', yes.

I'm hoping he gives Allardyce all the time he needs because there are so many things at our club that seem to be lagging behind others (diet, training, medicinal stuff etc.). But what I hope isn't necessarily what's going to happen though, is it?

In the end though, it's safe to say we're on the way up :)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 03:24:50 PM
Question

If freddy rejects his offer will they be joint ownership and both put funds in club??

when has Fred ever put funds in?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ChezGiven on Wednesday 23 May 2007, 03:24:58 PM
Question

If freddy rejects his offer will they be joint ownership and both put funds in club??
yes
Aye cant force anything.

Dont want to p*ss on anyones chips but it might be best to wait a while and see what happens before proclaiming the second coming of the messiah.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: gray on Wednesday 23 May 2007, 03:25:22 PM
imagine getting rid of roeder, bramble AND fred... next you'll see carr on his way to the unwashed
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Parky on Wednesday 23 May 2007, 03:25:29 PM
Excellent.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: tmonkey on Wednesday 23 May 2007, 03:25:38 PM
I for one think Big Sam will be safe, this bloke won't of bought the shares not knowing what he's coming into...

You think after making an offer of £130m and supposedly having a £bn in his bank account, he'll sweat if he has to pay off Allardyce after a season? You think he'll sweat if he has to spend £6m to sack him?

One of the big reasons the Allardyce hire was a coup was because he's good at getting the best out of underachieving players, and he's also good with a shoestring budget. However, with this new fella, if he is actually for real, why would he want someone like Allardyce? Just think about it for a second. Why wouldn't he want someone proven at the highest level to be the manager? Assuming he's going to free up cash for his manager, it's just logical to go for someone who's proven and who will deliver some form of success. Big Sam has a season if this guy's for real.

Eh?

If Sam can get players in cheap and shrewdly, then I'm all for it. The extra resources will help a lot, but just because Ashley is coming in doesn't mean we have to be less careful with our spending.

The first time Big Sam had money to spend, he bought Anelka for £8mill, and that turned out to be a spectacular failure.

Reckon Big Sam will be as good with lots of money as he is with very little.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: WarrenBartonCentrePartin on Wednesday 23 May 2007, 03:25:53 PM
best bits on wikipedia.

in 3 years he wants us as 1 of the top 3 clubs in the world.



as ifffffffff!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 03:26:05 PM
Dont want to p*ss on anyones chips but it might be best to wait a while and see what happens before proclaiming the second coming of the messiah.


I quite agree - but this does mean extra investment, does it not? That at the very least is something to smile about.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: shido on Wednesday 23 May 2007, 03:26:21 PM
Cheers for those lil' facts nobby good to know.  :thup:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: junkhead on Wednesday 23 May 2007, 03:26:35 PM
oh god.. i need a drink
things are looking good now
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: DavB93 on Wednesday 23 May 2007, 03:27:01 PM
Exciting times ahead...hope Freddy sells his shares.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: shido on Wednesday 23 May 2007, 03:27:25 PM
best bits on wikipedia.

in 3 years he wants us as 1 of the top 3 clubs in the world.



as ifffffffff!

If you're serious prepare for one of the biggest whooshes ever.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: a random player who doesn't even play for us any more on Wednesday 23 May 2007, 03:28:26 PM
best bits on wikipedia.

in 3 years he wants us as 1 of the top 3 clubs in the world.



as ifffffffff!

If you're serious prepare for one of the biggest whooshes ever.
Haaaaaa
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ChezGiven on Wednesday 23 May 2007, 03:28:48 PM
Dont want to p*ss on anyones chips but it might be best to wait a while and see what happens before proclaiming the second coming of the messiah.


I quite agree - but this does mean extra investment, does it not? That at the very least is something to smile about.

Depends on how it pans out with FS basically and what his overall ownership plan is. The club will not have that much extra cash available if the returns on these investments are going to be shared.

I'm nervous-excited.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: WarrenBartonCentrePartin on Wednesday 23 May 2007, 03:29:36 PM
thats what Mike Ashley said, not me.


no way will it happen in 3 years.

but as a pessimist, I can't see it happening at all.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 03:30:10 PM
Dont want to p*ss on anyones chips but it might be best to wait a while and see what happens before proclaiming the second coming of the messiah.


I quite agree - but this does mean extra investment, does it not? That at the very least is something to smile about.

Depends on how it pans out with FS basically and what his overall ownership plan is. The club will not have that much extra cash available if the returns on these investments are going to be shared.

I'm nervous-excited.

Well, I guess at least things can't regress. At the worst we'll be as we are now, and to be fair I've been feeling pretty good about the club recently anyway.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: a random player who doesn't even play for us any more on Wednesday 23 May 2007, 03:31:28 PM
thats what Mike Ashley said, not me.


no way will it happen in 3 years.

but as a pessimist, I can't see it happening at all.
Your not serious?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Raconteur on Wednesday 23 May 2007, 03:31:50 PM

I do think, eventually, if Big Sam spends money and isn't successful, he'll end up looking for a 'super-dooper European manager', yes.

I'm hoping he gives Allardyce all the time he needs because there are so many things at our club that seem to be lagging behind others (diet, training, medicinal stuff etc.). But what I hope isn't necessarily what's going to happen though, is it?

In the end though, it's safe to say we're on the way up :)

You'll have to forgive my snide "super-dooper" remark - I just feel that unless he's going to invest in the squad on an Abramovich level (which I don't think anyone is expecting) then Allardyce is still as perfect a manager as we could ask for at this point in time as was the case a week ago...
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: johnson293 on Wednesday 23 May 2007, 03:31:52 PM
Exciting times ahead...hope Freddy sells his shares.
Feasibly, could Freddy sell, but stay on as Chairman?

If Ashley wants to play the 'Abramovich' role, he will need a chairman in place to run the club day-to-day.

Then again, would Freddy stay if he then had to answer to someone??
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: tmonkey on Wednesday 23 May 2007, 03:32:21 PM
This past week and a half have been absolutely amazing.

Roeder sacked with Allardyce in, Brabmle, Sibi, Moore & Co shipped out, hopefully this takeover completed soon, new (competent) backroom staff set to come in, hopefully a big transfer kitty this summer, less injuries, etc etc.

We're basically getting everything we could ask for, short of wanting the likes of Kaka.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Isegrim on Wednesday 23 May 2007, 03:32:46 PM
Question

If freddy rejects his offer will they be joint ownership and both put funds in club??
yes
Aye cant force anything.

Dont want to p*ss on anyones chips but it might be best to wait a while and see what happens before proclaiming the second coming of the messiah.


Exactly. I will wait for the dust to settle and see when it become clearer what this deal will in fact bring for Newcastle United. And as you said, it's a mixed feeling of being nervous but to a certain extent excited as well. For the moment I just am happy that Dougie Hall is gone.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 03:32:52 PM
So, he got stung for the record divorces in history, f***ed up a stock market flotation, bought stuff from Dave Whelan, lives in Hertfordshire, and is daft enough to pay 20% over the odds for the Toon.

:lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: shido on Wednesday 23 May 2007, 03:33:46 PM
thats what Mike Ashley said, not me.


no way will it happen in 3 years.

but as a pessimist, I can't see it happening at all.

;D Awesome
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: STM on Wednesday 23 May 2007, 03:36:10 PM
owns Sports World International

has over 300 UK stores including Sports World

Lillywhites acquired in 2002

owns The Original Shoe Company

In 2006 over took JJB Sports as the UK's largest sportswear retailer

In mid-2006 he bought 25% of Matalan
 
In February 2003 he bought Dunlop and Slazenger for £40M

bought Karrimor in March 2003

bought Kangol for £10M

bought boxing brand Lonsdale

bought tennis brand Donnay

£9 million stake and signed a lucrative long-term deal with Umbro

29.4% stake in Blacks Leisure, the owner of Millets and Mambo

holds stakes in JJB Sports

owns 19% of JD Sports

I have just jizzed...... and i'm not the slightest embarrassed about it.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: graemeh72 on Wednesday 23 May 2007, 03:36:36 PM
So, he got stung for the record divorces in history, f***ed up a stock market flotation, bought stuff from Dave Whelan, lives in Hertfordshire, and is daft enough to pay 20% over the odds for the Toon.

:lol:


And is worth 1.9 billion
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Magpie on Wednesday 23 May 2007, 03:36:42 PM
So does that mean when the unwashed's new strips go on sale in Sports World etc. and they go in their droves to buy them (they are the cheapest after all) they'll actually be ploughing more money into NUFC!?!?!? HAHAHAHAHAHAHAHA
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: alex on Wednesday 23 May 2007, 03:36:43 PM
So, he got stung for the record divorces in history, f***ed up a stock market flotation, bought stuff from Dave Whelan, lives in Hertfordshire, and is daft enough to pay 20% over the odds for the Toon.

:lol:

Most self-made billionaires tend to be stupid. And we can all laugh at him, being big risk-takers ourselves and never having made a mistake in our lives.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: smoggeordie on Wednesday 23 May 2007, 03:37:24 PM
owns Sports World International

has over 300 UK stores including Sports World

Lillywhites acquired in 2002

owns The Original Shoe Company

In 2006 over took JJB Sports as the UK's largest sportswear retailer

In mid-2006 he bought 25% of Matalan
 
In February 2003 he bought Dunlop and Slazenger for £40M

bought Karrimor in March 2003

bought Kangol for £10M

bought boxing brand Lonsdale

bought tennis brand Donnay

£9 million stake and signed a lucrative long-term deal with Umbro

29.4% stake in Blacks Leisure, the owner of Millets and Mambo

holds stakes in JJB Sports

owns 19% of JD Sports

I have just jizzed...... and i'm not the slightest embarrassed about it.

The best bit about that is he has shares in Millets :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Raconteur on Wednesday 23 May 2007, 03:38:12 PM
So, he got stung for the record divorces in history, f***ed up a stock market flotation, bought stuff from Dave Whelan, lives in Hertfordshire, and is daft enough to pay 20% over the odds for the Toon.

:lol:


I have to say if he's worth nearly 2 billion and his divorce cost him 50 million then he's done pretty f***ing well! :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: alex on Wednesday 23 May 2007, 03:38:33 PM
He likes his gyppo brands like.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: JH on Wednesday 23 May 2007, 03:38:49 PM
owns Sports World International

has over 300 UK stores including Sports World

Lillywhites acquired in 2002

owns The Original Shoe Company

In 2006 over took JJB Sports as the UK's largest sportswear retailer

In mid-2006 he bought 25% of Matalan
 
In February 2003 he bought Dunlop and Slazenger for £40M

bought Karrimor in March 2003

bought Kangol for £10M

bought boxing brand Lonsdale

bought tennis brand Donnay

£9 million stake and signed a lucrative long-term deal with Umbro

29.4% stake in Blacks Leisure, the owner of Millets and Mambo

holds stakes in JJB Sports

owns 19% of JD Sports

I have just jizzed...... and i'm not the slightest embarrassed about it.

The best bit about that is he has shares in Millets :lol:

He also owns a 1/4 of Matalan :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: beardsleymagic on Wednesday 23 May 2007, 03:39:04 PM
It's all down to fat (unt now though... :undecided:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 03:39:06 PM
So, he got stung for the record divorces in history, f***ed up a stock market flotation, bought stuff from Dave Whelan, lives in Hertfordshire, and is daft enough to pay 20% over the odds for the Toon.

:lol:


Only one element of which has any negative relevance to us, at all. Another great post from yourself.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: smoggeordie on Wednesday 23 May 2007, 03:39:41 PM
Be funny if he changed the name of Shearers to "Ashleys" :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ChezGiven on Wednesday 23 May 2007, 03:40:10 PM
Question

If freddy rejects his offer will they be joint ownership and both put funds in club??
yes
Aye cant force anything.

Dont want to p*ss on anyones chips but it might be best to wait a while and see what happens before proclaiming the second coming of the messiah.


Exactly. I will wait for the dust to settle and see when it become clearer what this deal will in fact bring for Newcastle United. And as you said, it's a mixed feeling of being nervous but to a certain extent excited as well. For the moment I just am happy that Dougie Hall is gone.

Definitely a very big reason to be happy.

FS was quoted in March saying the club was impossible to buy if he didnt want to sell. Ashley must know something we dont to have made this bid about FS's willingness to sell. Then again, he could be trying to force his hand. I wonder what happens if FS refuses? Does Ashley just become part of the board? Questions, questions tbh.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 03:40:14 PM
that's Addidas out the window then

Ashley has a relationship with Umbro and Shearer is their ambassador
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Wednesday 23 May 2007, 03:40:40 PM
So, he got stung for the record divorces in history, f***** up a stock market flotation, bought stuff from Dave Whelan, lives in Hertfordshire, and is daft enough to pay 20% over the odds for the Toon.

:lol:


for once Vic you and I are in total agreement
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: alex on Wednesday 23 May 2007, 03:41:55 PM
Roeder and Shepherd being replaced? Too good to be true, surely.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 03:41:58 PM
So, he got stung for the record divorces in history, f***ed up a stock market flotation, bought stuff from Dave Whelan, lives in Hertfordshire, and is daft enough to pay 20% over the odds for the Toon.

:lol:


Only one element of which has any negative relevance to us, at all. Another great post from yourself.

of do f*** off you tedious prick it was tongue in cheek

if you read my previous post I am also happy at this news like you, it just doesn't manifest itself as mongishness
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Raconteur on Wednesday 23 May 2007, 03:42:04 PM
that's Addidas out the window then

Ashley has a relationship with Umbro and Shearer is their ambassador

Was thinking that myself - when does the Addidas deal expire?

Do you have any objection to Umbro being our kit designer, or just passing comment?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Pip on Wednesday 23 May 2007, 03:42:08 PM
Question

If freddy rejects his offer will they be joint ownership and both put funds in club??
yes
Aye cant force anything.

Dont want to p*ss on anyones chips but it might be best to wait a while and see what happens before proclaiming the second coming of the messiah.


Exactly. I will wait for the dust to settle and see when it become clearer what this deal will in fact bring for Newcastle United. And as you said, it's a mixed feeling of being nervous but to a certain extent excited as well. For the moment I just am happy that Dougie Hall is gone.

Definitely a very big reason to be happy.

FS was quoted in March saying the club was impossible to buy if he didnt want to sell. Ashley must know something we dont to have made this bid about FS's willingness to sell. Then again, he could be trying to force his hand. I wonder what happens if FS refuses? Does Ashley just become part of the board? Questions, questions tbh.

If he gets up to 50%, can't he just vote out Freddy and vote in whoever he wants at the next AGM? Make Fred a lame duck basically?

Is there a chance of an emergency AGM being held?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: geordie_b on Wednesday 23 May 2007, 03:42:37 PM
that's Addidas out the window then

Ashley has a relationship with Umbro and Shearer is their ambassador

bring back the barcode shirt :)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Wednesday 23 May 2007, 03:42:41 PM
"FS was quoted in March saying the club was impossible to buy if he didnt want to sell. Ashley must know something we dont to have made this bid about FS's willingness to sell. Then again, he could be trying to force his hand. I wonder what happens if FS refuses? Does Ashley just become part of the board? Questions, questions tbh."

If he has only 41% he can't run the club without support - but the "financial institutions" may sell to him - once he has 50% + 1 share Fat Fred and the other blood suckers can be voted off the Board at an EGM

Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dragon55544 on Wednesday 23 May 2007, 03:43:13 PM
that's Addidas out the window then

Ashley has a relationship with Umbro and Shearer is their ambassador

I dont give a f*** as long as the sponsorship money is good.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Crumpy Gunt on Wednesday 23 May 2007, 03:43:41 PM
(http://www.telegraph.co.uk/money/graphics/2006/12/16/cnsports16.jpg)

Him on the right.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 03:43:44 PM
So, he got stung for the record divorces in history, f***ed up a stock market flotation, bought stuff from Dave Whelan, lives in Hertfordshire, and is daft enough to pay 20% over the odds for the Toon.

:lol:


Only one element of which has any negative relevance to us, at all. Another great post from yourself.

of do f*** off you tedious prick it was tongue in cheek

if you read my previous post I am also happy at this news like you, it just doesn't manifest itself as mongishness

Wasn't apparent tbh.

Anyway, no fighting, let's just rejoice.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 03:43:57 PM
The FS thing about it being impossible to buy was all about John Hall. It was to force him into a decisison that he has been levering for for months, it's just gone the wrong way for the fat f***er
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: shido on Wednesday 23 May 2007, 03:45:16 PM
that's Addidas out the window then

Ashley has a relationship with Umbro and Shearer is their ambassador

Jesus i hope not...umbro kits are f***ing GASH (well recently they are)...regardless of anyones opinions about the new kits....anything umbro would be almost 12 times worse.

I pray we stay with adidas.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dragon55544 on Wednesday 23 May 2007, 03:45:17 PM
"FS was quoted in March saying the club was impossible to buy if he didnt want to sell. Ashley must know something we dont to have made this bid about FS's willingness to sell. Then again, he could be trying to force his hand. I wonder what happens if FS refuses? Does Ashley just become part of the board? Questions, questions tbh."

If he has only 41% he can't run the club without support - but the "financial institutions" may sell to him - once he has 50% + 1 share Fat Fred and the other blood suckers can be voted off the Board at an EGM



Yea exactly, FS cant really do anything except hold onto his 29%. Who owns the rest of the club?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 03:45:50 PM
that's Addidas out the window then

Ashley has a relationship with Umbro and Shearer is their ambassador

Jesus i hope not...umbro kits are f***ing GASH (well recently they are)...regardless of anyones opinions about the new kits....anything umbro would be almost 12 times worse.

I pray we stay with adidas.

We will, for 2 years at least.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 03:46:04 PM
that's Addidas out the window then

Ashley has a relationship with Umbro and Shearer is their ambassador

Was thinking that myself - when does the Addidas deal expire?

Do you have any objection to Umbro being our kit designer, or just passing comment?


yeh I quite like adidas tbh

(except the current pile of s****, but that was a product of the constant need to change it)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ChezGiven on Wednesday 23 May 2007, 03:46:12 PM
"FS was quoted in March saying the club was impossible to buy if he didnt want to sell. Ashley must know something we dont to have made this bid about FS's willingness to sell. Then again, he could be trying to force his hand. I wonder what happens if FS refuses? Does Ashley just become part of the board? Questions, questions tbh."

If he has only 41% he can't run the club without support - but the "financial institutions" may sell to him - once he has 50% + 1 share Fat Fred and the other blood suckers can be voted off the Board at an EGM



If he doesnt want to sell he wont take it lying down.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Toon Amy on Wednesday 23 May 2007, 03:46:13 PM
Am I the only one who's just ran round the house punching the air?  :blush:

lol.

I've just phoned around all my friends and family to share the good news! After running downstairs to check if it was true and I nearly fell down them I was in such a hurry to make sure it was actually true.

Does this force a takeover of Shepherds shares? What happens now?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: shido on Wednesday 23 May 2007, 03:46:52 PM
that's Addidas out the window then

Ashley has a relationship with Umbro and Shearer is their ambassador

Jesus i hope not...umbro kits are f***ing GASH (well recently they are)...regardless of anyones opinions about the new kits....anything umbro would be almost 12 times worse.

I pray we stay with adidas.

We will, for 2 years at least.

Whew good to know cheers melan.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: BlueStar on Wednesday 23 May 2007, 03:47:15 PM
We could save a pack of money if we got Matalan to make our kits, especially if he gets a shareholder discount.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Echo on Wednesday 23 May 2007, 03:47:17 PM
I'm not too worried about how the deal's going to go - this blokes looking for a majority share and having just bought 41% I imagine the following proceedings will be all over bar the acting out.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 03:47:27 PM
Am I the only one who's just ran round the house punching the air?  :blush:

lol.

I've just phoned around all my friends and family to share the good news! After running downstairs to check if it was true and I nearly fell down them I was so excited to make sure it was actually true.

Does this force a takeover of Shepherds shares? What happens now?

He'll try and buy the remaining shares, whether Freddy wants or has to is another matter however.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Isegrim on Wednesday 23 May 2007, 03:47:32 PM
Question

If freddy rejects his offer will they be joint ownership and both put funds in club??
yes
Aye cant force anything.

Dont want to p*ss on anyones chips but it might be best to wait a while and see what happens before proclaiming the second coming of the messiah.


Exactly. I will wait for the dust to settle and see when it become clearer what this deal will in fact bring for Newcastle United. And as you said, it's a mixed feeling of being nervous but to a certain extent excited as well. For the moment I just am happy that Dougie Hall is gone.

Definitely a very big reason to be happy.

FS was quoted in March saying the club was impossible to buy if he didnt want to sell. Ashley must know something we dont to have made this bid about FS's willingness to sell. Then again, he could be trying to force his hand. I wonder what happens if FS refuses? Does Ashley just become part of the board? Questions, questions tbh.

That's why I think it will be a 'thing of wait and see' about his further intentions now. He might actually even not want to really acquire more than the voting majority which would be enough for him to rule the club without making it private. And if Fat Fred doesn't sell it will be interesting if he will stay in the capacity of chairman. Anyway I think it's just a betting scam and make people to renew their season tickets...
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: toontownman on Wednesday 23 May 2007, 03:48:04 PM
So where does he rank amoungst the other chairman in the league for richness?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ChezGiven on Wednesday 23 May 2007, 03:48:57 PM
Question

If freddy rejects his offer will they be joint ownership and both put funds in club??
yes
Aye cant force anything.

Dont want to p*ss on anyones chips but it might be best to wait a while and see what happens before proclaiming the second coming of the messiah.


Exactly. I will wait for the dust to settle and see when it become clearer what this deal will in fact bring for Newcastle United. And as you said, it's a mixed feeling of being nervous but to a certain extent excited as well. For the moment I just am happy that Dougie Hall is gone.

Definitely a very big reason to be happy.

FS was quoted in March saying the club was impossible to buy if he didnt want to sell. Ashley must know something we dont to have made this bid about FS's willingness to sell. Then again, he could be trying to force his hand. I wonder what happens if FS refuses? Does Ashley just become part of the board? Questions, questions tbh.

That's why I think it will be a 'thing of wait and see' about his further intentions now. He might actually even not want to really acquire more than the voting majority which would be enough for him to rule the club without making it private. And if Fat Fred doesn't sell it will be interesting if he will stay in the capacity of chairman. Anyway I think it's just a betting scam and make people to renew their season tickets...
Lunatic fringe tbh.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: graemeh72 on Wednesday 23 May 2007, 03:49:29 PM
that's Addidas out the window then

Ashley has a relationship with Umbro and Shearer is their ambassador

Was thinking that myself - when does the Addidas deal expire?

Do you have any objection to Umbro being our kit designer, or just passing comment?


I like Umbro .... but then again I used to work for them ;)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 03:50:27 PM
Fred's postion will be dependant on the Articles of Association of NUFC plc

I wouldn't have thought he could have 29% without a vote, and certain decisions may require a 75% majority.

Anyway, the shares are only going to go up, so why would he sell, even if he is unable to influence anything at the club? 30% is still 30%
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: beardsleymagic on Wednesday 23 May 2007, 03:50:45 PM
Anyone else think this could have influence on Owen deciding on his future?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dragon55544 on Wednesday 23 May 2007, 03:51:01 PM
So where does he rank amoungst the other chairman in the league for richness?

:lol: straight to the point.

I gotta bad feeling some Newcastle fans are gonna be going around bragging our chairman is richer than yours ect ect.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: a random player who doesn't even play for us any more on Wednesday 23 May 2007, 03:51:18 PM
If this guys  a BILLIONAIRE? how rich is Sheperd?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: eltsacwen on Wednesday 23 May 2007, 03:51:21 PM
If he ownes lonsdale, we must use lonsdalshirts!?

(http://www.charmeuse.de/images/medium/lonsdale.jpg)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Wednesday 23 May 2007, 03:51:55 PM
SSN live to SJP----------and just some bloke stood outside again, howay we want a press conferance where Freddy gets to wave bye like at the end of Soccer AM :D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 03:52:15 PM
If this guys  a BILLIONAIRE? how rich is Sheperd?

he's just a fat little millionaire
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Echo on Wednesday 23 May 2007, 03:52:24 PM
If this guys  a BILLIONAIRE? how rich is Sheperd?

far from it
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: BlueStar on Wednesday 23 May 2007, 03:52:32 PM
OK, who's been fannying about with his wikipedia page?
"At 24 in 1988, Ashley married a Swedish goat, and they have three kids named Waffle, Eggs and More Waffles. When she divorced him 14 years later, he quietly agreed one of the biggest settlements in British legal history, reportedly handing over the family home, property and assets with total worth of £50million"
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Wednesday 23 May 2007, 03:52:38 PM
£133mill it should cost him all in :D
Freddy not at SJP today and it is thought he will not be there today at all.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 03:52:51 PM
If this guys  a BILLIONAIRE? how rich is Sheperd?

"Since 1997, the Shepherds have made ₤8,351,298 from Newcastle United, ₤5,489,239 in share dividends and ₤2,862,059 in salaries. In 2005, Shepherd's annual salary from the club was £552,954."

Definetely not a billionaire afaik.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: The Bonk on Wednesday 23 May 2007, 03:53:58 PM
OK, who's been fannying about with his wikipedia page?
"At 24 in 1988, Ashley married a Swedish goat, and they have three kids named Waffle, Eggs and More Waffles. When she divorced him 14 years later, he quietly agreed one of the biggest settlements in British legal history, reportedly handing over the family home, property and assets with total worth of £50million"

"Bahahhhhhollocks."
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Wullie on Wednesday 23 May 2007, 03:54:11 PM
He's worth more than Niall Quinn I know that much. :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: alex on Wednesday 23 May 2007, 03:54:29 PM
OK, who's been fannying about with his wikipedia page?
"At 24 in 1988, Ashley married a Swedish goat, and they have three kids named Waffle, Eggs and More Waffles. When she divorced him 14 years later, he quietly agreed one of the biggest settlements in British legal history, reportedly handing over the family home, property and assets with total worth of £50million"
Not some kerayzee wag off here I hope.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 03:54:41 PM
He's worth more than Niall Quinn I know that much. :lol:

Sunderland still the biggest club in the N-E tbh
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ChezGiven on Wednesday 23 May 2007, 03:54:42 PM
He's worth more than Niall Quinn I know that much. :lol:

 mackems.gif

There it is.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Crumpy Gunt on Wednesday 23 May 2007, 03:55:02 PM
So where does he rank amoungst the other chairman in the league for richness?

He floated his company and made £2.2bn
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ewerk on Wednesday 23 May 2007, 03:55:10 PM
FS was quoted in March saying the club was impossible to buy if he didnt want to sell. Ashley must know something we dont to have made this bid about FS's willingness to sell. Then again, he could be trying to force his hand. I wonder what happens if FS refuses? Does Ashley just become part of the board? Questions, questions tbh.

Technically FS can stop a takeover but if Ashley has over 50% of the shares he can simply remove FS from the chairmanship and stop issuing dividends and with it being highly unlikely that anyone else will want to buy Shepherd's shares that leaves him with only one option.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: toontownman on Wednesday 23 May 2007, 03:55:35 PM
So where does he rank amoungst the other chairman in the league for richness?

:lol: straight to the point.

I gotta bad feeling some Newcastle fans are gonna be going around bragging our chairman is richer than yours ect ect.

Your damn right, i already have my toon shirt with Ashley written on the back  O0

Seriously though.. richness ranking please.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 03:55:47 PM
Wonder what Macbeth et al think of this.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Wednesday 23 May 2007, 03:55:59 PM
The sparkys that are woking rewiring the houses around where I live are all smoggies, oh what joy I have just taken in rubbing it right in, awwww their poor faces hit the deck quicker than a thai hookers knikcres.
:lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: teepee on Wednesday 23 May 2007, 03:56:02 PM
fuckin hell - that came out of nowhere didn't it
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Optimistic Nut on Wednesday 23 May 2007, 03:56:09 PM
Bet the Mackems are gutted now. Three weeks ago they'd just won the title, we were a mess, Roeder was in charge...now, we have a richer owner (potentially), a new manager, and a new aire of optimism.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Inferior Acuña on Wednesday 23 May 2007, 03:56:17 PM
Don't lonsdale make the sunderland strips?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ozzie1980 on Wednesday 23 May 2007, 03:56:51 PM
that's Addidas out the window then

Ashley has a relationship with Umbro and Shearer is their ambassador

Yeah but he owns Longsdale, Lillywhites and Dunlop. Far more likely be one of them! adidas could out bid all three of them put together for shirt sponsorship. The new adidas strip is the worst kit they brought out. Roll on May 2009 for the new one.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Optimistic Nut on Wednesday 23 May 2007, 03:57:08 PM
Ah, Paddy Sports will look after them now.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ED209 on Wednesday 23 May 2007, 03:57:20 PM
"Ashley expects to launch the club into the top three of the world within three years."


I will believe it when i see it!

Sounds good though!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 03:57:22 PM
that's Addidas out the window then

Ashley has a relationship with Umbro and Shearer is their ambassador

Yeah but he owns Longsdale, Lillywhites and Dunlop. Far more likely be one of them! adidas got out bid all three of them put together for shirt sponsorship. The new adidas strip is the worst kit they brought out. Roll on May 2009 for the new one.

Don't really fancy a Dunlop shirt, thanks.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Offshore on Wednesday 23 May 2007, 03:57:44 PM
Hints of the Villa takeover.

Allardyce leaves Bolton unexpectedly, comes to Newcastle, new owner of Newcastle......
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: JH on Wednesday 23 May 2007, 03:58:03 PM
"Ashley expects to launch the club into the top three of the world within three years."


I will believe it when i see it!

Sounds good though!


Did he actually say this? Or is this just Wikipedia bollocks
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: smoggeordie on Wednesday 23 May 2007, 03:58:46 PM
"Ashley expects to launch the club into the top three of the world within three years."


I will believe it when i see it!

Sounds good though!


Did he actually say this? Or is this just Wikipedia bollocks

The latter.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dokko on Wednesday 23 May 2007, 03:58:58 PM
Bet the Mackems are gutted now. Three weeks ago they'd just won the title, we were a mess, Roeder was in charge...now, we have a richer owner (potentially), a new manager, and a new aire of optimism.

 :thup:

Just ran home after i heard this.

Unbelievable, am off out to get hammered tonight.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: geordie_b on Wednesday 23 May 2007, 03:58:58 PM
billy bollocks
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: shaun11177 on Wednesday 23 May 2007, 03:59:00 PM
ok he has 41.1, ff 29.9 or whatever the other 30% are shares owned by small shareholders-er like me. If Freddie refuses to sell i presume this bloke will then try to buy up this 30%-fact is he only needs another 10% to sidleline Shepherd completely.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Echo on Wednesday 23 May 2007, 03:59:51 PM
Forgot about Fred already - he'll be clearing his desk now man.  Just the motions needing going through
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Willow on Wednesday 23 May 2007, 04:00:01 PM
JESUS CHRIST this is exciting news!

totally out of the blue, I hope he buys FFS out and gives us a bunch to spend this summer :toothy12:




:bounce:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Wednesday 23 May 2007, 04:00:13 PM
Will fans sell to him just to get rid of Fedd though?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: James on Wednesday 23 May 2007, 04:00:13 PM
The FA have blocked the takeover pending an investigation into conflicts of interest due to Ashley's ownership in shares of sponsors of several Premiership Clubs. NOT![/borat]
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Optimistic Nut on Wednesday 23 May 2007, 04:00:14 PM
"Ashley expects to launch the club into the top three of the world within three years."


I will believe it when i see it!

Sounds good though!


Where's this from? Classly optimistic! Will got on well with him I reckon.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ChezGiven on Wednesday 23 May 2007, 04:00:51 PM
FS was quoted in March saying the club was impossible to buy if he didnt want to sell. Ashley must know something we dont to have made this bid about FS's willingness to sell. Then again, he could be trying to force his hand. I wonder what happens if FS refuses? Does Ashley just become part of the board? Questions, questions tbh.

Technically FS can stop a takeover but if Ashley has over 50% of the shares he can simply remove FS from the chairmanship and stop issuing dividends and with it being highly unlikely that anyone else will want to buy Shepherd's shares that leaves him with only one option.

Its all about whether the city / private investors are going to accept 100p per share offer he has to make then. What was the float price? Bit lower iirc.



Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 04:01:38 PM
Will fans sell to him just to get rid of Fedd though?

be daft to, this is the only chance of them ever getting their money back
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Wullie on Wednesday 23 May 2007, 04:02:16 PM
Will fans sell to him just to get rid of Fedd though?

be daft to, this is the only chance of them ever getting their money back

He's paying well over the odds, they'd be mental not to sell now.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 04:02:17 PM
FS was quoted in March saying the club was impossible to buy if he didnt want to sell. Ashley must know something we dont to have made this bid about FS's willingness to sell. Then again, he could be trying to force his hand. I wonder what happens if FS refuses? Does Ashley just become part of the board? Questions, questions tbh.

Technically FS can stop a takeover but if Ashley has over 50% of the shares he can simply remove FS from the chairmanship and stop issuing dividends and with it being highly unlikely that anyone else will want to buy Shepherd's shares that leaves him with only one option.

Its all about whether the city / private investors are going to accept 100p per share offer he has to make then. What was the float price? Bit lower iirc.


no way it was lower surely
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Wednesday 23 May 2007, 04:03:02 PM
This is just a fkn great day, a great fkn day :D :D :D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Bolton_fan on Wednesday 23 May 2007, 04:03:09 PM
I've been told this fella wants Sven as the manager. Not saying Sven's going to be the manager.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ewerk on Wednesday 23 May 2007, 04:03:20 PM
FS was quoted in March saying the club was impossible to buy if he didnt want to sell. Ashley must know something we dont to have made this bid about FS's willingness to sell. Then again, he could be trying to force his hand. I wonder what happens if FS refuses? Does Ashley just become part of the board? Questions, questions tbh.

Technically FS can stop a takeover but if Ashley has over 50% of the shares he can simply remove FS from the chairmanship and stop issuing dividends and with it being highly unlikely that anyone else will want to buy Shepherd's shares that leaves him with only one option.

Its all about whether the city / private investors are going to accept 100p per share offer he has to make then. What was the float price? Bit lower iirc.





From what they were saying on the radio it's expected that they will accept the offer, shouldn't be too hard to get at least the 50%+ required.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: alex on Wednesday 23 May 2007, 04:03:26 PM
FS was quoted in March saying the club was impossible to buy if he didnt want to sell. Ashley must know something we dont to have made this bid about FS's willingness to sell. Then again, he could be trying to force his hand. I wonder what happens if FS refuses? Does Ashley just become part of the board? Questions, questions tbh.

Technically FS can stop a takeover but if Ashley has over 50% of the shares he can simply remove FS from the chairmanship and stop issuing dividends and with it being highly unlikely that anyone else will want to buy Shepherd's shares that leaves him with only one option.

Its all about whether the city / private investors are going to accept 100p per share offer he has to make then. What was the float price? Bit lower iirc.




I think they floated at 120p or 130p or something iirc. Not been anywhere near that since though I think.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Montey on Wednesday 23 May 2007, 04:03:27 PM
Is there a chance he already owns over the 50% mark?

What has the volume of trading been in recent weeks(months) whilst the share price was slowly climbing for some apparently unexplained reason?  Could it be that he has been the mystery buyer of those trades, and this 41.9% is in addition to whatever he already owns?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: smoggeordie on Wednesday 23 May 2007, 04:03:33 PM
This is just a fkn great day, a great fkn day :D :D :D

fkn spot on
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: STM on Wednesday 23 May 2007, 04:03:44 PM
"Ashley expects to launch the club into the top three of the world within three years."


I will believe it when i see it!

Sounds good though!


Where's this from? Classly optimistic! Will got on well with him I reckon.

Sounds like he will be disapointed if he doesn't achieve it TBH. I f***ing love that!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Peppe on Wednesday 23 May 2007, 04:04:14 PM
(http://www.telegraph.co.uk/money/graphics/2006/12/16/cnsports16.jpg)

He's the fella on the right.

The one in the glasses?

 

(http://i58.photobucket.com/albums/g255/shidoh/cnsports16.jpg)

 ;D ;D ;D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Echo on Wednesday 23 May 2007, 04:04:18 PM
I've been told this fella wants Sven as the manager.

bloke in the pub?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: smoggeordie on Wednesday 23 May 2007, 04:04:21 PM
AND THE NEWS OVER IN SUNDERLAND!!!!!!!!!!!!!!!!!!!!!


http://www.readytogo.net/smb/showthread.php?t=232017


:lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Matt on Wednesday 23 May 2007, 04:05:38 PM
Its all about whether the city / private investors are going to accept 100p per share offer he has to make then. What was the float price? Bit lower iirc.

The market cap was something like £170m-180m iirc.

But then all the football shares, bar Man Utd, were well overpitched.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: shido on Wednesday 23 May 2007, 04:05:49 PM
I've been told this fella wants Sven as the manager.

bloke in the pub?

Nah probably a thread on tribal football or his source over at "the people" ;D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: James on Wednesday 23 May 2007, 04:06:02 PM
It's funny how everyone is now running the story except nufc.co.uk.

It's probably  news to those responsible for the daily running of the club ie Fat Fred/Cushing, and now they haven't got a clue as to how they should respond.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ozzie1980 on Wednesday 23 May 2007, 04:06:07 PM

I think they floated at 120p or 130p or something iirc. Not been anywhere near that since though I think.
[/quote]

They floated at 135p, I can remember as I bought £500 worth! On the day of floatation they went up to 140p and since then they have been on a downward spiral. They are currently at 96p which is the highest in years.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Bolton_fan on Wednesday 23 May 2007, 04:06:36 PM
I've been told this fella wants Sven as the manager.

bloke in the pub?

Nope. A source of mine who told me Sam was going to be the manager weeks before he signed. O0

Not saying Sven's going to be the manager, just be told this new guy is supposed to like Sven and wants him as the manager.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: geordie_b on Wednesday 23 May 2007, 04:07:00 PM
134.5p i think
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Pip on Wednesday 23 May 2007, 04:07:52 PM
I've been told this fella wants Sven as the manager. Not saying Sven's going to be the manager.

Told by?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: abcdefg on Wednesday 23 May 2007, 04:08:55 PM
One born every minute. In a rush so can't tell if anyone's linked the BBC article, likely, if so ignore

http://news.bbc.co.uk/2/hi/business/6684573.stm
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: SwissMagpie on Wednesday 23 May 2007, 04:09:15 PM
"Mike Ashley called me last night and said that he is really excited about buying NUFC"
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Nobby on Wednesday 23 May 2007, 04:09:45 PM
owns Sports World International

has over 300 UK stores including Sports World

Lillywhites acquired in 2002

owns The Original Shoe Company

In 2006 over took JJB Sports as the UK's largest sportswear retailer

In mid-2006 he bought 25% of Matalan
 
In February 2003 he bought Dunlop and Slazenger for £40M

bought Karrimor in March 2003

bought Kangol for £10M

bought boxing brand Lonsdale

bought tennis brand Donnay

£9 million stake and signed a lucrative long-term deal with Umbro

29.4% stake in Blacks Leisure, the owner of Millets and Mambo

holds stakes in JJB Sports

owns 19% of JD Sports

I have just jizzed...... and i'm not the slightest embarrassed about it.

basically, he owns the world
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ToonTastic on Wednesday 23 May 2007, 04:10:22 PM
Really really bad news if this is true you guys thought FS was bad wait till you get to know this bloke.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Andy on Wednesday 23 May 2007, 04:10:40 PM
(http://www.telegraph.co.uk/money/graphics/2006/12/16/cnsports16.jpg)

He's the fella on the right.

The one in the glasses?

;D

(http://i58.photobucket.com/albums/g255/shidoh/cnsports16.jpg)

Haha.

As everyone else has said, this seems like pretty awesome news. Wonder if Owen and the rest of the supposed want-away-crew suddenly have a change of heart?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Wednesday 23 May 2007, 04:10:43 PM
HE HAS ALREADY SAID -- "Newcastle United has a wonderful heritage and the passion of its fans is legendary," Mike Ashley said in a statement.

"I am sure that, like me, they are already excited about the prospects for next season under the new manager's stewardship," he said, adding that John Hall would remain life president.


So I think Sven can fk off!! :D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 04:11:09 PM
Really really bad news if this is true you guys thought FS was bad wait till you get to know this bloke.

Elaborate.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: kirkwdavis2001 on Wednesday 23 May 2007, 04:11:13 PM
Really really bad news if this is true you guys thought FS was bad wait till you get to know this bloke.

Huh?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Wednesday 23 May 2007, 04:12:11 PM
if he's offering 100p a share he's in - the w*****s were buying at 45p and thats the sort of markup they like - especially as no-one else can really wade in and get control ...............
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Pip on Wednesday 23 May 2007, 04:12:24 PM
Really really bad news if this is true you guys thought FS was bad wait till you get to know this bloke.

Phil, you need to elaborate man!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Cajun on Wednesday 23 May 2007, 04:13:10 PM
I've been told this fella wants Sven as the manager.

bloke in the pub?

Nope. A source of mine who told me Sam was going to be the manager weeks before he signed. O0

Not saying Sven's going to be the manager, just be told this new guy is supposed to like Sven and wants him as the manager.

You said Allardyce would be manager weeks before he was!!! Wow you must be ITK, not like it was in the papers every day or anything :lol:
Title: Business not pleasure
Post by: graemeh72 on Wednesday 23 May 2007, 04:14:30 PM
Before we get carried away here...

Mike Ashley has bought our club to make money; he isn't going to be run the club at a loss… ala the Russian at  Chelsea.

This is a sports marketing/merchandising deal.... SportsWorld and Shirt Sales will be just as much part of the Ashley plan as what happens on the park.

Whether he will invest in year one is open to question, how much will he invest? Is he prepared to invest more than Shepherd?

Those people that think we are going to splash out millions, I believe will be very disappointed.

Good news is obviously that Freddie can no longer change his duds without getting sign off, and hopefully we'll see the end of his idiot sons.

IMHO - This deal poses far more questions than it answers...
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ToonTastic on Wednesday 23 May 2007, 04:15:08 PM
The way this bloke runs businesses is not a nice way at all and he'll certainly not have the fans at heart. He'll be after the merchindise and the sponsership cash and is definatly the type of guy who will sell as much of the club as possible and won't care about the team. Christ even Sunderland told him to p*ss off when he tried for them before Quinn took over (before relegation as well)
Title: Re: Business not pleasure
Post by: smoggeordie on Wednesday 23 May 2007, 04:15:27 PM
Surely it could have gone in the 11 page thread...
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ChezGiven on Wednesday 23 May 2007, 04:16:27 PM
The way this bloke runs businesses is not a nice way at all and he'll certainly not have the fans at heart. He'll be after the merchindise and the sponsership cash and is definatly the type of guy who will sell as much of the club as possible and won't care about the team. Christ even Sunderland told him to p*ss off when he tried for them before Quinn took over (before relegation as well)

"There may be trouble ahead......."
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: alex on Wednesday 23 May 2007, 04:16:44 PM
Is this Bolton Fan Martin Jol?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Bolton_fan on Wednesday 23 May 2007, 04:16:51 PM
I've been told this fella wants Sven as the manager.

bloke in the pub?

Nope. A source of mine who told me Sam was going to be the manager weeks before he signed. O0

Not saying Sven's going to be the manager, just be told this new guy is supposed to like Sven and wants him as the manager.

You said Allardyce would be manager weeks before he was!!! Wow you must be ITK, not like it was in the papers every day or anything :lol:

 :D

Nah, I also told you guys that he signed on the Monday when some of you were getting a bit worried if he wasn't going to sign or not because of the Jewell sacking.

Like I said, it's what I've been told. I still think Allardyce will be the manager.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Geordie Gaz on Wednesday 23 May 2007, 04:16:58 PM
that's Addidas out the window then
Maybe not? :lol:  (http://ftalphaville.ft.com/blog/2007/03/27/3435/billionaire-ashley-buys-3-stake-in-adidas-and-moves-on-m-and-m/)

More about him here (http://ftalphaville.ft.com/blog/?s=mike+ashley).
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: justin99. on Wednesday 23 May 2007, 04:17:19 PM
Where would this leave the consortium deal with the stadium expansion etc. ?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: alex on Wednesday 23 May 2007, 04:17:28 PM
Who hacked TT's account btw?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ToonTastic on Wednesday 23 May 2007, 04:17:50 PM

"There may be trouble ahead......."

Of that I have no doubts at all. I also feel sorry for anyone currently working at any of the club shops you'll be in for a big suprise if he starts to run them :)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Cajun on Wednesday 23 May 2007, 04:18:17 PM
I've been told this fella wants Sven as the manager.

bloke in the pub?

Nope. A source of mine who told me Sam was going to be the manager weeks before he signed. O0

Not saying Sven's going to be the manager, just be told this new guy is supposed to like Sven and wants him as the manager.

You said Allardyce would be manager weeks before he was!!! Wow you must be ITK, not like it was in the papers every day or anything :lol:

 :D

Nah, I also told you guys that he signed on the Monday when some of you were getting a bit worried if he wasn't going to sign or not because of the Jewell sacking.

Like I said, it's what I've been told. I still think Allardyce will be new manager.

Didn't you say it was going to be announced on the Wednesday?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Nobby on Wednesday 23 May 2007, 04:18:28 PM
owns Sports World International

has over 300 UK stores including Sports World

Lillywhites acquired in 2002

owns The Original Shoe Company

In 2006 over took JJB Sports as the UK's largest sportswear retailer

In mid-2006 he bought 25% of Matalan
 
In February 2003 he bought Dunlop and Slazenger for £40M

bought Karrimor in March 2003

bought Kangol for £10M

bought boxing brand Lonsdale

bought tennis brand Donnay

£9 million stake and signed a lucrative long-term deal with Umbro

29.4% stake in Blacks Leisure, the owner of Millets and Mambo

holds stakes in JJB Sports

owns 19% of JD Sports

I have just jizzed...... and i'm not the slightest embarrassed about it.

basically, he owns the world

also owns
3.14 per cent of Adidas
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ToonTastic on Wednesday 23 May 2007, 04:18:35 PM
Who hacked TT's account btw?

I just say it how I see it
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Echo on Wednesday 23 May 2007, 04:18:42 PM
Who hacked TT's account btw?

Hmmm
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ChezGiven on Wednesday 23 May 2007, 04:18:54 PM
Who hacked TT's account btw?

Was thinking the same. 
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: smoggeordie on Wednesday 23 May 2007, 04:18:54 PM
Mackems on the SMB already threatening to boycott Sports Soccer :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Bolton_fan on Wednesday 23 May 2007, 04:19:02 PM
Is this Bolton Fan Martin Jol?

Wouldn't you like to know.  :D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Karjala on Wednesday 23 May 2007, 04:19:14 PM
Ashley wants to make money out of us, theres no doubt. But im sure he realises he's gotta get us back to the top to do that.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: alex on Wednesday 23 May 2007, 04:19:24 PM
Is this Bolton Fan Martin Jol?

Wouldn't you like to know.  :D
Not really :razz:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dokko on Wednesday 23 May 2007, 04:19:40 PM
Mackems on the SMB already threatening to boycott Sports Soccer :lol:

Less thefts from his shops already then.

As if it wasn't cheap enough the scummy c***s.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Matt on Wednesday 23 May 2007, 04:20:13 PM
The way this bloke runs businesses is not a nice way at all and he'll certainly not have the fans at heart. He'll be after the merchindise and the sponsership cash and is definatly the type of guy who will sell as much of the club as possible and won't care about the team. Christ even Sunderland told him to p*ss off when he tried for them before Quinn took over (before relegation as well)

What is there of the club to sell?

Same as when Belgravia were interested and this point came up- he can't sell the ground as it's under covenant and he can try selling the players but he'll have no business and a fraction of his investment.

He can't whack up prices because fans won't stand for it.

As for taking 'merchandising and sponsorship cash' he can't take anything unless that income is more than expenditure and there is a bottom line profit.

I'm still at a loss as to why people are paying such premia for PL clubs. It's put a lot of empahasis on future revenue for a club with net assets under £10m at last count.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ToonTastic on Wednesday 23 May 2007, 04:20:18 PM

also owns
3.14 per cent of Adidas
He has the right to mass produce many of the Adidas items of clothing which is why SS has so many pairs of tracksuit bottoms that no other shop could come close to in price terms, he produces them himself.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 04:20:22 PM
Don't think any potential owner would look into buying a club not to make money out of it, tbh.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Shak on Wednesday 23 May 2007, 04:20:29 PM
The way this bloke runs businesses is not a nice way at all and he'll certainly not have the fans at heart. He'll be after the merchindise and the sponsership cash and is definatly the type of guy who will sell as much of the club as possible and won't care about the team. Christ even Sunderland told him to p*ss off when he tried for them before Quinn took over (before relegation as well)

"There may be trouble ahead......."

But while there's music and moonlight...

:banana:

There's no money to be made from making a team s***. Got a text off Wullie at work telling me about it, stood there dumbfounded for a few seconds.

GET THE f*** IN!!

Think I'll get a few beers and a chinese tonight.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Wednesday 23 May 2007, 04:21:07 PM
At the minute we have an arsehole incharge who also happens to be a not so impressive buisinessman, so i will take my chances with an arsehole who knows what he is doing.
He is not taking over to rip the club appart and sell, well I doubt very much that is what he is doing, its a massive move to make to take over a club he must want it badly and as long as he puts into the pot and backs Sam and other managers we will have I will be happy.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 04:22:13 PM

"There may be trouble ahead......."

Of that I have no doubts at all. I also feel sorry for anyone currently working at any of the club shops you'll be in for a big suprise if he starts to run them :)

who gives a f*** about those mongs?

and what of it anyway? business buys club to make money? wow. There is no Geordie Abramovic FFS
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Wullie on Wednesday 23 May 2007, 04:22:14 PM
Exactly, there is no money to be made from making a team s***. Look at the Glazers and how Man Utd are doing now.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Bolton_fan on Wednesday 23 May 2007, 04:22:52 PM
Ronaldinho, Kaka and Eto'o to Newcastle. Fact! :D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ToonTastic on Wednesday 23 May 2007, 04:23:02 PM
As for taking 'merchandising and sponsorship cash' he can't take anything unless that income is more than expenditure and there is a bottom line profit.

Cause he can, opens up club shops within SS stores and runs the other club stores and pockets all of the profits which are made, trust me there is plenty of profit from merchandise and he'll make sure there is even more which I have no doubts will go into his pocket and not the funds of the club. He doesn't have to sell players to asset strip the club.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ChezGiven on Wednesday 23 May 2007, 04:23:05 PM
The way this bloke runs businesses is not a nice way at all and he'll certainly not have the fans at heart. He'll be after the merchindise and the sponsership cash and is definatly the type of guy who will sell as much of the club as possible and won't care about the team. Christ even Sunderland told him to p*ss off when he tried for them before Quinn took over (before relegation as well)

"There may be trouble ahead......."

But while there's music and moonlight...


"Before the fiddlers have fled
Before they ask us to pay the bill, and while we still have that chance
Let's face the music and dance"

 :o
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dokko on Wednesday 23 May 2007, 04:23:22 PM
Simply retarded to think he doesn't want to make money out of this tbh.

Good luck to him, i hope we make him a mint, it will mean the fans are happy with him.  :clap:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: alex on Wednesday 23 May 2007, 04:23:32 PM
Who hacked TT's account btw?

I just say it how I see it
I just remembered you as being literate. ;)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ChezGiven on Wednesday 23 May 2007, 04:24:47 PM
As for taking 'merchandising and sponsorship cash' he can't take anything unless that income is more than expenditure and there is a bottom line profit.

Cause he can, opens up club shops within SS stores and runs the other club stores and pockets all of the profits which are made, trust me there is plenty of profit from merchandise and he'll make sure there is even more which I have no doubts will go into his pocket and not the funds of the club. He doesn't have to sell players to asset strip the club.

Thats illegal surely, you cant re-direct money from one business to another without massive tax implications.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ToonTastic on Wednesday 23 May 2007, 04:25:05 PM
Who hacked TT's account btw?

I just say it how I see it
I just remembered you as being literate. ;)

I was typing quick :)

As for whether he will or he won't do what I've predicted only time will tell but at the minute I'm worried than I would be with FS in charge.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Shak on Wednesday 23 May 2007, 04:25:10 PM
The way this bloke runs businesses is not a nice way at all and he'll certainly not have the fans at heart. He'll be after the merchindise and the sponsership cash and is definatly the type of guy who will sell as much of the club as possible and won't care about the team. Christ even Sunderland told him to p*ss off when he tried for them before Quinn took over (before relegation as well)

"There may be trouble ahead......."

But while there's music and moonlight...


"Before the fiddlers have fled
Before they ask us to pay the bill, and while we still have that chance
Let's face the music and dance"

 :o



 :lol:

:banana: :banana: :banana: :banana:

EDIT: Ma bananas won't dance.  :(

Least they look happy though.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Wednesday 23 May 2007, 04:25:38 PM
Aye to make money from a football club over a long period of time, it has to be a successful club for a long period of time. Ofcourse he wants to make money, he did'nt buy us to bankrupt himself did he, I don't see the worry here like.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ToonTastic on Wednesday 23 May 2007, 04:26:22 PM
Thats illegal surely, you cant re-direct money from one business to another without massive tax implications.

Why ? Sell the rights to sell the club merchandise to SS, it's what his deal with Blackburn lets him do.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: alex on Wednesday 23 May 2007, 04:27:32 PM
Who hacked TT's account btw?

I just say it how I see it
I just remembered you as being literate. ;)

I was typing quick :)

As for whether he will or he won't do what I've predicted only time will tell but at the minute I'm worried than I would be with FS in charge.
I know mate, just a joke.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Wednesday 23 May 2007, 04:27:39 PM
I would also expect SJH has made dam sure he is selling to the right bloke, in Sir John I trust! :D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ToonTastic on Wednesday 23 May 2007, 04:27:42 PM
Aye to make money from a football club over a long period of time, it has to be a successful club for a long period of time. Ofcourse he wants to make money, he did'nt buy us to bankrupt himself did he, I don't see the worry here like.

Again why ? The club has won jack all in 50 odd years yet we still get 50,000+ in the stadium and sell shirts like they are going out of fashion all he needs to do is keep the club in the Premiership.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ToonTastic on Wednesday 23 May 2007, 04:28:20 PM
I would also expect SJH has made dam sure he is selling to the right bloke, in Sir John I trust! :D

You do know the two clowns he left in charge of the club when he decided to retire from being club chairman don't you ?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ChezGiven on Wednesday 23 May 2007, 04:28:40 PM
Thats illegal surely, you cant re-direct money from one business to another without massive tax implications.

Why ? Sell the rights to sell the club merchindise to SS, it's what his deal with Blackburn lets him do.

Ah, by selling the rights, i see. The rights must cost quite a bit and then you dont have the cost base to support selling it either. The deal must have looked good to Blackburn for them to agree.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 04:28:48 PM
Thats illegal surely, you cant re-direct money from one business to another without massive tax implications.

Why ? Sell the rights to sell the club merchandise to SS, it's what his deal with Blackburn lets him do.


how is that different from hiring a wharehouse to your brother? It actually makes more sense from a football club point of view


and hello? but how the hell do you think he sells more shirts if the team are s***?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Wednesday 23 May 2007, 04:29:16 PM
Aye to make money from a football club over a long period of time, it has to be a successful club for a long period of time. Ofcourse he wants to make money, he did'nt buy us to bankrupt himself did he, I don't see the worry here like.

Again why ? The club has won jack all in 50 odd years yet we still get 50,000+ in the stadium and sell shirts like they are going out of fashion all he needs to do is keep the club in the Premiership.
So if he is going to go that far and keep us in the Prem every season then why would he not do all he can to make us a top three club and make even more money ?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Newcastle Fan on Wednesday 23 May 2007, 04:29:28 PM
Gay name tbh...


Edit: But Wooooooooo f***ing hoooooooooo
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Wednesday 23 May 2007, 04:29:56 PM
I would also expect SJH has made dam sure he is selling to the right bloke, in Sir John I trust! :D

You do know the two clowns he left in charge of the club when he decided to retire from being club chairman don't you ?
Aye the same clown he would not sell his shares too..
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 04:30:04 PM
I would also expect SJH has made dam sure he is selling to the right bloke, in Sir John I trust! :D

you are very delusional though skirge tbh
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dokko on Wednesday 23 May 2007, 04:30:58 PM
I would also expect SJH has made dam sure he is selling to the right bloke, in Sir John I trust! :D

You do know the two clowns he left in charge of the club when he decided to retire from being club chairman don't you ?

Why try and dampen everybody's spirits over this?  :rolleyes:

Your acting like my girlfriend tbh, which seriously isn't a thing to be proud of.  O0

You can say told you so when it all goes Pete Tonge, or you never know this might be the beginning of something special, i'd like to think the latter, and so does everyone else who has just suffered such an embarrassing season to rival the worst we've had in a long fuking time.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: alex on Wednesday 23 May 2007, 04:31:00 PM
The right bloke being the one who offered to buy the shares for £1 each tbh.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ToonTastic on Wednesday 23 May 2007, 04:31:01 PM
Thats illegal surely, you cant re-direct money from one business to another without massive tax implications.

Why ? Sell the rights to sell the club merchandise to SS, it's what his deal with Blackburn lets him do.


how is that different from hiring a wharehouse to your brother? It actually makes more sense from a football club point of view


and hello? but how the hell do you think he sells more shirts if the team are s***?

He does't even have to sell more shirts just more tat which people will buy and people do buy it. If he has the rights to mass produce the shirts himself he can make more money from them than he can if he has to buy them from the club first that's a fact.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Wednesday 23 May 2007, 04:31:24 PM
I would also expect SJH has made dam sure he is selling to the right bloke, in Sir John I trust! :D

you are very delusional though skirge tbh
He has had offers of the same price before and not sold, I just cannt imagine he would sell his shares to a bloke who would tear the club appart to make a quick proffit..
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dinho lad on Wednesday 23 May 2007, 04:32:22 PM
we mean business!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ToonTastic on Wednesday 23 May 2007, 04:32:32 PM
I would also expect SJH has made dam sure he is selling to the right bloke, in Sir John I trust! :D

You do know the two clowns he left in charge of the club when he decided to retire from being club chairman don't you ?

Why try and dampen everybody's spirits over this?  :rolleyes:

Your acting like my girlfriend tbh, which seriously isn't a thing to be proud of.  O0

You can say told you so when it all goes Pete Tonge, or you never know this might be the beginning of something special, i'd like to think the latter, and so does everyone else who has just suffered such an embarrassing season to rival the worst we've had in a long fuking time.

I'd love to be proved wrong I just can't see it happening, don't worry I'm not going to keep going on about it like your gfriend would (she's a pain like that isn't she ;) ) just having my say when it's happened thats all.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ToonTastic on Wednesday 23 May 2007, 04:33:38 PM
I would also expect SJH has made dam sure he is selling to the right bloke, in Sir John I trust! :D

you are very delusional though skirge tbh
He has had offers of the same price before and not sold, I just cannt imagine he would sell his shares to a bloke who would tear the club appart to make a quick proffit..

He would have sold to anyone the problem was the other people wanted 100% Ashley seems prepared to either wait to get the rest or offer just what FS wanted the other guys to offer.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Matt on Wednesday 23 May 2007, 04:33:47 PM
Cause he can, opens up club shops within SS stores and runs the other club stores and pockets all of the profits which are made, trust me there is plenty of profit from merchandise and he'll make sure there is even more which I have no doubts will go into his pocket and not the funds of the club. He doesn't have to sell players to asset strip the club.

The club did this years ago, we had NUFC stores in ASDAs. They didn't last long.

SS shops in the region already stock the main selling items of NUFC merchendise and I severly doubt that he has put aside £133m with the expectation of making cash selling non-kit items in a handful of stores. Why would people in other parts of the country start shelling out on our cheaply-produced tat. There is money to be made from merchendise, but enough on its own to justify the bid?

Anyone who has ever shopped in Sports Soccer knows that they are chaotic places staffed by the youngest people for the lowest feasbile wage with only one person per shop seemingly knowing how to work the till. It's a sweaty, charva-filled nightmare. Yet he pocketed £929m in one go when it floated. So they must have been doing something right.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dokko on Wednesday 23 May 2007, 04:33:50 PM
I would also expect SJH has made dam sure he is selling to the right bloke, in Sir John I trust! :D

You do know the two clowns he left in charge of the club when he decided to retire from being club chairman don't you ?

Why try and dampen everybody's spirits over this?  :rolleyes:

Your acting like my girlfriend tbh, which seriously isn't a thing to be proud of.  O0

You can say told you so when it all goes Pete Tonge, or you never know this might be the beginning of something special, i'd like to think the latter, and so does everyone else who has just suffered such an embarrassing season to rival the worst we've had in a long fuking time.

I'd love to be proved wrong I just can't see it happening, don't worry I'm not going to keep going on about it like your gfriend would (she's a pain like that isn't she ;) ) just having my say when it's happened thats all.

  :D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Liam Liam Liam O on Wednesday 23 May 2007, 04:35:10 PM
hope that

1)  He starts selling toon shirts even cheaper in Sports Soccer!!!

2) The whole doesnt interfere with or hold up the summers transfer plans
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: LucaAltieri on Wednesday 23 May 2007, 04:35:38 PM
Ding dong the witch is dead.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Slugsy on Wednesday 23 May 2007, 04:36:03 PM
I would also expect SJH has made dam sure he is selling to the right bloke, in Sir John I trust! :D

you are very delusional though skirge tbh
He has had offers of the same price before and not sold, I just cannt imagine he would sell his shares to a bloke who would tear the club appart to make a quick proffit..

Skirge, its a well known fact in the Newcastle business community that SJH has been touting his share to all and sundry for months now.  Secondly, how could you possibly know whether he has had any offers of the same price, this is the first actual official offer that has been announced.

I would question SJH's motives, he's been a keen seller for a while.

On whether Mike Ashely is good or bad - who knows, only time wil tell.  I do know one thing, Allardyce was being given a significant amount of money to bolster the squad this summer, I hope that is still the case.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: shaun11177 on Wednesday 23 May 2007, 04:37:28 PM
Utterly irrelevant-the club turnover next season will be 100m-the shirt turnover as part of that 4m.
Who knows what the bloke might do-he might decide to pay himself 10m a year,he might decide to pay himself nothing. Do you really want Freddie Sheppard sat there for another 20 years like Doug Ellis. Personally i would rather take the risk with the new bloke.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Cajun on Wednesday 23 May 2007, 04:37:48 PM
Will the club shop now lower its prices in line with SS? That would be handy!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Wednesday 23 May 2007, 04:38:06 PM
I suppose for toher share holders it could be great news, if Freddy decids to cling on it could start a bidding war for the remining shares, could be some nice offers made..
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ToonTastic on Wednesday 23 May 2007, 04:38:59 PM
Will the club shop now lower its prices in line with SS? That would be handy!

That's one plus I guess :)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: midds on Wednesday 23 May 2007, 04:39:03 PM
Cautiously optimistic about all this. I'll wait til everything's been rubber-stamped and we start spending serious money before I get too excited.  :)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ToonTastic on Wednesday 23 May 2007, 04:39:20 PM
I suppose for toher share holders it could be great news, if Freddy decids to cling on it could start a bidding war for the remining shares, could be some nice offers made..

He'll surely sell now won't he ?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Slugsy on Wednesday 23 May 2007, 04:39:23 PM
Cautiously optimistic about all this. I'll wait til everything's been rubber-stamped and we start spending serious money before I get too excited.  :)

Agreed
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Liam Liam Liam O on Wednesday 23 May 2007, 04:39:26 PM
Can't believe the negativity on here. 

People have been moaning about getting rid of Shepherd for years and now theres a realistic chance it will happen!!  The Hall's selling up was always going to be the key to the deal and now its happened
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ToonTastic on Wednesday 23 May 2007, 04:40:08 PM
Can't believe the negativity on here. 

People have been moaning about getting rid of Shepherd for years and now theres a realistic chance it will happen!!  The Hall's selling up was always going to be the key to the deal and now its happened

To be honest I think it's only me being negative :) Don't worry I'll stop now :D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dinho lad on Wednesday 23 May 2007, 04:40:16 PM
we'll still win nothing!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Wednesday 23 May 2007, 04:40:35 PM
I suppose for toher share holders it could be great news, if Freddy decids to cling on it could start a bidding war for the remining shares, could be some nice offers made..

He'll surely sell now won't he ?
Its Fred aint it though, you just never know with him, if he can get the remaining shares it will give him close to 60%..
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: junkhead on Wednesday 23 May 2007, 04:41:32 PM
I suppose for toher share holders it could be great news, if Freddy decids to cling on it could start a bidding war for the remining shares, could be some nice offers made..

He'll surely sell now won't he ?
Its Fred aint it though, you just never know with him, if he cna get the remaining shares it will give him close to 60%..
he can't afford it.. he'll be stupid not to sell now imo
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: alex on Wednesday 23 May 2007, 04:41:35 PM
Have .com had a whinge about this yet? ;)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: BottledDog on Wednesday 23 May 2007, 04:42:00 PM
Christ the blokes as fat as Fred. :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Liam Liam Liam O on Wednesday 23 May 2007, 04:42:49 PM
I suppose for toher share holders it could be great news, if Freddy decids to cling on it could start a bidding war for the remining shares, could be some nice offers made..

He'll surely sell now won't he ?
Its Fred aint it though, you just never know with him, if he can get the remaining shares it will give him close to 60%..


yes but there's a very good chance he won't be chairman much longer whether he keeps his shares or not
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: nufcjmc on Wednesday 23 May 2007, 04:42:58 PM
we'll still win nothing!

thats the spirit why not start throwing s*** bombs at the gates at st james's or kicking cars that have the horrible fate to drive past, massively negative in the last page or so, I know we all like to see the doom and gloom side to certain situations but this has to be a good thing case he is rich and isnt FFS
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ChezGiven on Wednesday 23 May 2007, 04:43:14 PM
Have .com had a whinge about this yet? ;)

NUFC.com:

"!"
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Wednesday 23 May 2007, 04:43:35 PM
Sir John--
Quote
"I have been associated with the direction of Newcastle United for nearly 20 years. In that time, I have led the club and, before I retired, led the team responsible for the modernisation of the club we all see today.

"It is now time for me to move on and let others take up the challenge of competing in the global market place.

"Mike Ashley is a major player in the sporting world and I am convinced that he is the right person to take my place and take the club forward. I am sure he will be good for the club and its loyal fans and indeed for the region.

"I wish him the very best and hope he enjoys it as much as I have.

"Finally, I would like to thank all the fans for their support whilst I was at the helm and would ask them to lend the same level of support to Mike. He has my full backing."
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dinho lad on Wednesday 23 May 2007, 04:44:25 PM
we'll still win nothing!

thats the spirit why not start throwing s*** bombs at the gates at st james's or kicking cars that have the horrible fate to drive past, massively negative in the last page or so, I know we all like to see the doom and gloom side to certain situations but this has to be a good thing case he is rich and isnt FFS

It was a joke, dear. A Joke.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Pip on Wednesday 23 May 2007, 04:44:53 PM
Seems this bloke's serious but maybe not in the way we all hoped (ie. Abramovich style)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: nufcjmc on Wednesday 23 May 2007, 04:45:24 PM
we'll still win nothing!

thats the spirit why not start throwing s*** bombs at the gates at st james's or kicking cars that have the horrible fate to drive past, massively negative in the last page or so, I know we all like to see the doom and gloom side to certain situations but this has to be a good thing case he is rich and isnt FFS

It was a joke, dear. A Joke.

soz just lost my job and this is the only good thing i can cling to and feel like snapping at someone.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Slugsy on Wednesday 23 May 2007, 04:46:11 PM
Have to be honest, Ashely is offering a premium of 50% on the share price over the last 3 months.  That is a hefty premium and will surely make Freddie have a think.  Valuing the business at £133m is on the face of it a very generous price given the share performance over recent times.

The so called other interests before were only talking about premiums of 20-25%.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Wednesday 23 May 2007, 04:46:12 PM
Still nothing on the offical site, how strange is that man? you would think ithese kind of news would break there first..
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Montey on Wednesday 23 May 2007, 04:46:12 PM
The only way I can see this being bad is if he comes in and fire-sales the assets.  A longer term investment strategy requires that the supporter base increases, meaning TV, merchandise and other takings increase.  The only real way to increase the international, spending supporter base is to improve the performance of the on-field operations (i.e. regular European football).

<sentence removed after slapping>   :razz:

Freddy Shepherd will sell his shares now.  If he doesn't Ashley will merely acquire 50.1%, terminate all dividends and deals with Shepherds various companies and strangle Freddy's cash flow.  Freddy knows this and hence knows he'll get a premium price now compared to later.  I would expect Ashley to own 100% by the end of next week at the absolute latest.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Wullie on Wednesday 23 May 2007, 04:46:21 PM
we'll still win nothing!

thats the spirit why not start throwing s*** bombs at the gates at st james's or kicking cars that have the horrible fate to drive past, massively negative in the last page or so, I know we all like to see the doom and gloom side to certain situations but this has to be a good thing case he is rich and isnt FFS

It was a joke, dear. A Joke.

soz just lost my job and this is the only good thing i can cling to and feel like snapping at someone.

Is that you Dougie?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: 2sheds on Wednesday 23 May 2007, 04:46:46 PM
Its got to be a good thing getting rid of those parasites the Halls
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Wullie on Wednesday 23 May 2007, 04:47:06 PM
He hasn't said we're aiming for top 3 ffs. :lol:

That's Sima pissing about on Wikipedia.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: smoggeordie on Wednesday 23 May 2007, 04:48:18 PM
Just seen Ronaldinho in Tescos!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Ridman on Wednesday 23 May 2007, 04:48:23 PM
http://www.forbes.com/lists/2007/10/07billionaires_The-Worlds-Billionaires_Rank_20.html 448th richest man in the world according to Forbes
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: nufcjmc on Wednesday 23 May 2007, 04:48:44 PM
Is that you Dougie?
[/quote]


not even a little bit funny if i was walking away with a massive lump sum for doing next to nothing lately I will be lucky to have enough to pay my bills never mind a few islands
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Wednesday 23 May 2007, 04:49:09 PM
The only way I can see this being bad is if he comes in and fire-sales the assets.  A longer term investment strategy requires that the supporter base increases, meaning TV, merchandise and other takings increase.  The only real way to increase the international, spending supporter base is to improve the performance of the on-field operations (i.e. regular European football).

His statement of wanting the club to be a "top 3" operation is in-line with him looking to make a profit through improving the performance of the club.

Freddy Shepherd will sell his shares now.  If he doesn't Ashley will merely acquire 50.1%, terminate all dividends and deals with Shepherds various companies and strangle Freddy's cash flow.  Freddy knows this and hence knows he'll get a premium price now compared to later.  I would expect Ashley to own 100% by the end of next week at the absolute latest.


what assets?   the players?????   mackems.gif mackems.gif mackems.gif mackems.gif

THE asset at SJP is the support - the ground is but its got to be kept to pay of the construction costs

as you say it has to be by getting into the top 4 and winnign sommat
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Wullie on Wednesday 23 May 2007, 04:50:03 PM
Quote
not even a little bit funny if i was walking away with a massive lump sum for doing next to nothing lately I will be lucky to have enough to pay my bills never mind a few islands

Sorry mate. Hope it works out.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: VegasToon on Wednesday 23 May 2007, 04:50:49 PM
I love the negitivity already about this.

Look, Newcastle has always had the reputation of a "sleeping giant."  Who could argue that we don't have potential to become a major factor every year.  Our fans are second to none with support even though it seems like we get disappointed almost every year.  Newcastle is probably the 3rd most popular English Team in the world.  Yes I said the world, probably behind Arsenal and Man U. 

Ashley probably could make some money by keeping the status quo, but he is a very smart business man.  He would make a ton of more money by having Newcastle win trophies. 

So I personally don't care what his motivations are.  He will invest because he will want us to win.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Steven_MB on Wednesday 23 May 2007, 04:52:09 PM
Even if FS doesn't sell, once ashley control the board, he can stop all dividends ,and no-one can do nothing. I doubt he would car about getting a ocuple of million back in the next few years, he wants money long term not short term, so FS will have nothing except a seat in a box.

We could be suspended from trading, if this continues couldn't we??? which would mean that untill it was sorted out we couldn't buy players.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: alex on Wednesday 23 May 2007, 04:52:21 PM
The only way I can see this being bad is if he comes in and fire-sales the assets.  A longer term investment strategy requires that the supporter base increases, meaning TV, merchandise and other takings increase.  The only real way to increase the international, spending supporter base is to improve the performance of the on-field operations (i.e. regular European football).

His statement of wanting the club to be a "top 3" operation is in-line with him looking to make a profit through improving the performance of the club.

Freddy Shepherd will sell his shares now.  If he doesn't Ashley will merely acquire 50.1%, terminate all dividends and deals with Shepherds various companies and strangle Freddy's cash flow.  Freddy knows this and hence knows he'll get a premium price now compared to later.  I would expect Ashley to own 100% by the end of next week at the absolute latest.


what assets?   the players?????   mackems.gif mackems.gif mackems.gif mackems.gif

THE asset at SJP is the support - the ground is but its got to be kept to pay of the construction costs

as you say it has to be by getting into the top 4 and winnign sommat

The club doesn't own the ground iirc. Long-term lease off the council isn't it?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: nufcjmc on Wednesday 23 May 2007, 04:52:26 PM
no worries i dont even have a drink in the house to celebrate but I can only see this as a good thing i would really like to know if this does go to pass and he starts investing how much our transfer budget will be this summer now and will the prospect of a billionaire and a half decent manager in charge be good enough to attract the big boys or will we still buy small and smart.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 04:52:50 PM
not even a little bit funny if i was walking away with a massive lump sum for doing next to nothing lately I will be lucky to have enough to pay my bills never mind a few islands

Hope things turn around for you.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 04:53:43 PM
I love the negitivity already about this.

Look, Newcastle has always had the reputation of a "sleeping giant."  Who could argue that we don't have potential to become a major factor every year.  Our fans are second to none with support even though it seems like we get disappointed almost every year.  Newcastle is probably the 3rd most popular English Team in the world.  Yes I said the world, probably behind Arsenal and Man U. 

Ashley probably could make some money by keeping the status quo, but he is a very smart business man.  He would make a ton of more money by having Newcastle win trophies. 

So I personally don't care what his motivations are.  He will invest because he will want us to win.

That's rubbish tbh. Investing does not = winning, plenty of people are putting money in because staying in the Premiership is a money spinner in the next few years. It's a no-brainer

With the state of the top 4, anyone who did make an investment on the actual belief we will win anything wants committing
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: nufcjmc on Wednesday 23 May 2007, 04:54:02 PM
im going to ask for my old job back cleaning the buses at go northern i just hope ashley has some shares in them and starts giving staff bonus's such as box seats
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: manorpark on Wednesday 23 May 2007, 04:56:46 PM
"The club has won jack all in 50 odd years" says ToonTastic - another one of these amazing idiots with their references to this mythical 50 year thing.

IT IS  38  YEARS FF SAKE . . . . . IT IS  38  YEARS FF SAKE

Remember that . . .

IT IS  38  YEARS

 
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: VegasToon on Wednesday 23 May 2007, 04:57:37 PM
I love the negitivity already about this.

Look, Newcastle has always had the reputation of a "sleeping giant."  Who could argue that we don't have potential to become a major factor every year.  Our fans are second to none with support even though it seems like we get disappointed almost every year.  Newcastle is probably the 3rd most popular English Team in the world.  Yes I said the world, probably behind Arsenal and Man U. 

Ashley probably could make some money by keeping the status quo, but he is a very smart business man.  He would make a ton of more money by having Newcastle win trophies. 

So I personally don't care what his motivations are.  He will invest because he will want us to win.

That's rubbish tbh. Investing does not = winning, plenty of people are putting money in because staying in the Premiership is a money spinner in the next few years. It's a no-brainer

With the state of the top 4, anyone who did make an investment on the actual belief we will win anything wants committing

Your right investing does not equal winning, but he will put his money behind us.  Newcastle has to much untapped potential and by helping make Newcastle a winner, he will make a lot more money than keeping us where we are.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Ikon on Wednesday 23 May 2007, 04:58:21 PM
Could be really great this. Im going to put my wages from this month on golf balls from one of his stores if it helps him to make a success of this club  :cheesy:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 04:58:23 PM
FF SAKE
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: a random player who doesn't even play for us any more on Wednesday 23 May 2007, 04:58:27 PM
He's richer than Lerner and Glazer according to the Forbes ranking.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Steven_MB on Wednesday 23 May 2007, 04:59:10 PM
I Shepard going to say the same thing he said when Abramovich joined chelsea, saying that you don't win anything just by splashing money around?? hopefully he'll be wrong again.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: nufcjmc on Wednesday 23 May 2007, 04:59:32 PM
I love the negitivity already about this.

Look, Newcastle has always had the reputation of a "sleeping giant."  Who could argue that we don't have potential to become a major factor every year.  Our fans are second to none with support even though it seems like we get disappointed almost every year.  Newcastle is probably the 3rd most popular English Team in the world.  Yes I said the world, probably behind Arsenal and Man U. 

Ashley probably could make some money by keeping the status quo, but he is a very smart business man.  He would make a ton of more money by having Newcastle win trophies. 

So I personally don't care what his motivations are.  He will invest because he will want us to win.

That's rubbish tbh. Investing does not = winning, plenty of people are putting money in because staying in the Premiership is a money spinner in the next few years. It's a no-brainer

With the state of the top 4, anyone who did make an investment on the actual belief we will win anything wants committing

the billonaire investors the league has had lately has been in
chelsea = winners when they were winning nothing before
man u =   had started to slip back alittle and with new investment went on to win more
 villa = too soon but can see them going strength to strength
west ham = if they didnt have the big investor backing to buy the big buys in jan they   would have went down tbh

toon= like many have said we have been in a transition period ever sinse souness wiped our war chest out, we thought it would work with glen, well FFS did but with a new rich investor, a half decent manager why cant we go on to bring sucess while I agree life has no garentees when can you say we could have a better chance than the next few seasons??????????????
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: The Bonk on Wednesday 23 May 2007, 05:00:53 PM
"The club has won jack all in 50 odd years" says ToonTastic - another one of these amazing idiots with their references to this mythical 50 year thing.

IT IS  38  YEARS FF SAKE . . . . . IT IS  38  YEARS FF SAKE

Remember that . . .

IT IS  38  YEARS

 

:D  WEEEEE!!!!!!!!!!!!!!!!!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: BlueStar on Wednesday 23 May 2007, 05:02:36 PM
Could be great news, but I'm certainly going to wait and see what this fella does before waving me scarf around.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Raf on Wednesday 23 May 2007, 05:02:38 PM
Just on Radio Newcastle that the board are to 'meet soon'

God knows when that will be though...could be next week :)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Peter Pan on Wednesday 23 May 2007, 05:02:38 PM
I Newcastle is probably the 3rd most popular English Team in the world.  Yes I said the world, probably behind Arsenal and Man U. 


Are u joking... Have u ever heard a club called Liverpool? Far more popular than Arsenal... And then there is all  Chelsea since 2004 gloryhunters alround a World...
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NUFC06 on Wednesday 23 May 2007, 05:04:52 PM
YES
YES
YES
YES



GREAT NEWS FOR NEWCASTLE UNITED FOOTBALL CLUB

Im optimistic because there is a change of getting rid of Shepherd.
Under the new owner can we get much worse as far as backing the manager with transfer money?
I doubt it.
He is businessman and he knows that if he wants to make money from something it has to be successful and famous.
So hopefully he will try and make us successful club competing with the big boys.
At this early stage of the negotiations its a bit early to say what his politic about runing the club will be!
But reading his interview he knows that newcastle is big club with great fans and i doubt that he will allow our club to stand in mediocrity.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 05:05:57 PM
NE5s been strangely quiet.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: alex on Wednesday 23 May 2007, 05:06:28 PM
NE5s been strangely quiet.
In hospital with a broken rib tbf.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Nobody on Wednesday 23 May 2007, 05:07:15 PM
Liverpool is by far the most supported English club in Sweden. Everybody supports them. I think Arsenal are second, followed by Man U and the Chelsea. Then I think us and Spurs are fifth. Just the general feeling I get when I'm talking to people like.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: VegasToon on Wednesday 23 May 2007, 05:09:24 PM
I Newcastle is probably the 3rd most popular English Team in the world.  Yes I said the world, probably behind Arsenal and Man U. 


Are u joking... Have u ever heard a club called Liverpool? Far more popular than Arsenal... And then there is all  Chelsea since 2004 gloryhunters alround a World...

No not joking.  I hardly see any Liverpool fans here in the US or Chelski fans.  Being in Las Vegas, we get visitors from all over the world.  Majority of fans will make sure to watch Man U or Arsenal, then Newcastle in the casinos.

I could be wrong, just what I have seen.  
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Steven_MB on Wednesday 23 May 2007, 05:09:44 PM
Liverpool is by far the most supported English club in Sweden. Everybody supports them. I think Arsenal are second, followed by Man U and the Chelsea. Then I think us and Spurs are fifth. Just the general feeling I get when I'm talking to people like.

Sweden isn't likely to be highly representative of the world though is it?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Wednesday 23 May 2007, 05:10:11 PM
Vic

I suspect  he WILL invest - the rewards are good in the PL alright but the REAL Money is in Yurop

You can invest  say £ 60 million over a couple of years and double your money by getting into the CL
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 05:10:14 PM
pretty f***ed up taking Vegas as your World View tbh
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Wednesday 23 May 2007, 05:11:23 PM
"The club has won jack all in 50 odd years" says ToonTastic - another one of these amazing idiots with their references to this mythical 50 year thing.

IT IS  38  YEARS FF SAKE . . . . . IT IS  38  YEARS FF SAKE

Remember that . . .

IT IS  38  YEARS

 

:D  WEEEEE!!!!!!!!!!!!!!!!!

79 since we won the League - me auntie is 89 and she remembers it..........
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: The Bonk on Wednesday 23 May 2007, 05:11:37 PM
I Newcastle is probably the 3rd most popular English Team in the world.  Yes I said the world, probably behind Arsenal and Man U. 


Are u joking... Have u ever heard a club called Liverpool? Far more popular than Arsenal... And then there is all  Chelsea since 2004 gloryhunters alround a World...

No not joking.  I hardly see any Liverpool fans here in the US or Chelski fans.  Being in Las Vegas, we get visitors from all over the world.  Majority of fans will make sure to watch Man U or Arsenal, then Newcastle in the casinos.

I could be wrong, just what I have seen. 

Ever been to Asia, mate? 
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Wednesday 23 May 2007, 05:12:58 PM
Just on Radio Newcastle that the board are to 'meet soon'

God knows when that will be though...could be next week :)

Dead men Walking

Will vote themselves a vast pension plan, backdate a load of options, shred all the dodgy paperwork.... going to be a busy few days I guess
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NUFC06 on Wednesday 23 May 2007, 05:13:21 PM
NE5s been strangely quiet.

mourning atm
his idol will get the boot soon
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 05:13:29 PM
Vic

I suspect  he WILL invest - the rewards are good in the PL alright but the REAL Money is in Yurop

You can invest  say £ 60 million over a couple of years and double your money by getting into the CL

I completely disagree that this bloke has risked £130m and more on getting into the CL. It would be lunacy. As Fred has shown, you can make a tidy return on pissing around in 7th qualifying for UEFA every year, plus forthcoming events in terms of TV and media rights mean everyone will be making money. Do you honestly think every one of these buyouts are all banking on shooting for the top 4? Pretty deluded tbh and smacks of buying into the Geordie Sporting club bollocks
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 05:15:11 PM
NE5s been strangely quiet.

mourning atm
his idol will get the boot soon

Poor guy.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: alex on Wednesday 23 May 2007, 05:15:39 PM
I Newcastle is probably the 3rd most popular English Team in the world.  Yes I said the world, probably behind Arsenal and Man U. 


Are u joking... Have u ever heard a club called Liverpool? Far more popular than Arsenal... And then there is all  Chelsea since 2004 gloryhunters alround a World...

No not joking.  I hardly see any Liverpool fans here in the US or Chelski fans.  Being in Las Vegas, we get visitors from all over the world.  Majority of fans will make sure to watch Man U or Arsenal, then Newcastle in the casinos.

I could be wrong, just what I have seen.  
You could have at least have made a lie up to make your initial statement sound more convincing :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Willow on Wednesday 23 May 2007, 05:15:56 PM
I think this thread needs more happy smilies  :D

 O0 blueyes.gif :clap: :razz: :angel: :laugh2: :thup: :smitten: :)
 :toothy: :thumbsup: :toothy2: :happy7: :color: :headbang:
 :hello2: :icon_joker: :icon_king: :brushteeth: :icon_biggrin:
 :icon_queen: :icon_thumleft: :laughing7: :toothy12: :toothy4: :love4:
 :notworthy: :occasion1: :occasion14: :toothy1: :toothy10:
 :Jonny2J: :banana2: :naughty: :indi: :footy: :drink: :p
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NUFC06 on Wednesday 23 May 2007, 05:16:33 PM
the big money in football are in the Champions league
liverpool made 100m profit for reaching the final of the Champions league
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: skryp2nit3 on Wednesday 23 May 2007, 05:16:40 PM
English club support globally ( in order)

Man U/Liverpool
Arsenal
Newcastle/Spurs
Chelsea
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 05:16:57 PM
NE5 is in the house
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Pip on Wednesday 23 May 2007, 05:17:25 PM
Tbh, won't he make roughly £10m-£15m profit next year just because of the increase in Sky money?

We've already rid ourselves of a significant portion of the wage bill, and considering the fact last year we spent £15m and still only just made a loss, he'll make a profit even if he gives Sam £20m to spend imo.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Wednesday 23 May 2007, 05:17:36 PM
Fat Fred was taking out about £ 5 million a year - not much of a return on £ 130 million

Even if he takes ALL the dividends its only about £10 mm in  a good year

CL qualification is reckoned to be worth that on its own

Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Newcastle Fan on Wednesday 23 May 2007, 05:17:50 PM
English club support globally ( in order)

Man U/Liverpool
Arsenal
Newcastle/Spurs
Chelsea


Your kidding right?

Here in the Middle East, for every 1 Newcastle Fan there is like 15 Chelsea fans :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Wednesday 23 May 2007, 05:18:42 PM
al quaida
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Pip on Wednesday 23 May 2007, 05:19:12 PM
Fat Fred was taking out about £ 5 million a year - not much of a return on £ 130 million

Even if he takes ALL the dividends its only about £10 mm in  a good year

CL qualification is reckoned to be worth that on its own



Won't the Sky money bump that up to £25m in a good year? By just keeping us in and around mid-table, he could theoretically get his money back in about 5 years.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 05:20:13 PM
Fat Fred was taking out about £ 5 million a year - not much of a return on £ 130 million

Even if he takes ALL the dividends its only about £10 mm in  a good year

CL qualification is reckoned to be worth that on its own



so how many takeovers have we had already? and how many CL spots are there? wake up and smell the coffee, there is more than enough for everybody to go around, and the money coming in from rights and sponsorship over the next decade will be massive
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Newcastle Fan on Wednesday 23 May 2007, 05:20:39 PM
Anyone got a decent picture for the guy like?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Wullie on Wednesday 23 May 2007, 05:21:17 PM
Anyone got a decent picture for the guy like?

There's 2 or 3 in this thread.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Legacy on Wednesday 23 May 2007, 05:21:17 PM
English club support globally ( in order)

Man U/Liverpool
Arsenal
Newcastle/Spurs
Chelsea

Your kidding right?

Here in the Middle East, for every 1 Newcastle Fan there is like 15 Chelsea fans :lol:

Can we really call them fans? It disgusts me the way here in Northern Ireland all these chelsea fans have 'magically' appeared. Though at the moment it's like living in f****** liverpool the amount of shirts I've seen today alone.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Nobby on Wednesday 23 May 2007, 05:21:21 PM
"The club has won jack all in 50 odd years" says ToonTastic - another one of these amazing idiots with their references to this mythical 50 year thing.

IT IS  38  YEARS FF SAKE . . . . . IT IS  38  YEARS FF SAKE

Remember that . . .

IT IS  38  YEARS

 

:D  WEEEEE!!!!!!!!!!!!!!!!!

79 since we won the League - me auntie is 89 and she remembers it..........

 :coolsmiley:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Pip on Wednesday 23 May 2007, 05:21:45 PM
It's common sense why there's been what, 4 or 5 takeovers in the past year or so and more rumoured. There's money to be made, even if you do f*** all. Just make sure the team stays in the Premiership and that'll be enough.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Steven_MB on Wednesday 23 May 2007, 05:21:47 PM
If this guy doesn't know much about running a football club, will he hire someone,  Dein was fired from arsenal and desperately needs a new club or he is kicked off all those footballing commitees he's on.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: smoggeordie on Wednesday 23 May 2007, 05:21:53 PM
Anyone got a decent picture for the guy like?

About 5 in this thread or .com
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Pip on Wednesday 23 May 2007, 05:23:19 PM
If this guy doesn't know much about running a football club, will he hire someone,  Dein was fired from arsenal and desperately needs a new club or he is kicked off all those footballing commitees he's on.

Does Dein still not own something like 10% in Arsenal? I'm sure there's a conflict of interest in there somewhere.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Mick on Wednesday 23 May 2007, 05:24:11 PM
(http://www.telegraph.co.uk/money/graphics/2006/12/16/cnsports16.jpg)

He's the fella on the right.
Hahaa

The one in the glasses?

No, the fella on the right.

The right of the photographer or the right of the two as they're standing?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Toon Amy on Wednesday 23 May 2007, 05:26:49 PM
I think this thread needs more happy smilies  :D

 O0 blueyes.gif :clap: :razz: :angel: :laugh2: :thup: :smitten: :)
 :toothy: :thumbsup: :toothy2: :happy7: :color: :headbang:
 :hello2: :icon_joker: :icon_king: :brushteeth: :icon_biggrin:
 :icon_queen: :icon_thumleft: :laughing7: :toothy12: :toothy4: :love4:
 :notworthy: :occasion1: :occasion14: :toothy1: :toothy10:
 :Jonny2J: :banana2: :naughty: :indi: :footy: :drink: :p
:angel: :laugh2: :thup: :smitten: :)
:thumbsup: :happy7:  8) ;D :D  :-*
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: shido on Wednesday 23 May 2007, 05:28:05 PM
(http://i58.photobucket.com/albums/g255/shidoh/cnsports16.jpg)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Andy on Wednesday 23 May 2007, 05:28:26 PM
Is it just my mind playing tricks on me or does he have an erection in that photgraph?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Knightrider on Wednesday 23 May 2007, 05:29:41 PM
My initial excitment at the prospect of the Halls and Shepherd's leaving is now a lets wait and see kind of anticipation. Bit worried tbh.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: nufcjmc on Wednesday 23 May 2007, 05:31:55 PM
My initial excitment at the prospect of the Halls and Shepherd's leaving is now a lets wait and see kind of anticipation. Bit worried tbh.

apart from the obvious unknown what are your worries HTT?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: toontownman on Wednesday 23 May 2007, 05:32:32 PM
My initial excitment at the prospect of the Halls and Shepherd's leaving is now a lets wait and see kind of anticipation. Bit worried tbh.

Better the devil you know....


Ah what the hell..... do the hustle!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Knightrider on Wednesday 23 May 2007, 05:33:07 PM
My initial excitment at the prospect of the Halls and Shepherd's leaving is now a lets wait and see kind of anticipation. Bit worried tbh.

apart from the obvious unknown what are your worries HTT?

Everything really as he is a complete unknown and this is a big step. Fingers crossed though.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 05:33:27 PM
My initial excitment at the prospect of the Halls and Shepherd's leaving is now a lets wait and see kind of anticipation. Bit worried tbh.

It's like a 5 year old on Christmas Eve
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: James on Wednesday 23 May 2007, 05:34:23 PM
I just can't see how the guy can have 'bad intentions'

If you by a club outright for £133 million, the only way you will get a return is through long term success.

If you sold all the players, you'd only get £50m, and the club would then be worthless, that would equate to a loss. TV money wouldn't help as we'd be in the lower divisions.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: toontownman on Wednesday 23 May 2007, 05:34:26 PM
My initial excitment at the prospect of the Halls and Shepherd's leaving is now a lets wait and see kind of anticipation. Bit worried tbh.

It's like a 5 year old on Christmas Eve

God, I can see the bike all wrapped up, knew they would get it for me..... s***, what if its pink?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 05:35:14 PM
My initial excitment at the prospect of the Halls and Shepherd's leaving is now a lets wait and see kind of anticipation. Bit worried tbh.

It's like a 5 year old on Christmas Eve

God, I can see the bike all wrapped up, knew they would get it for me..... s***, what if it isn't pink?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: nufcjmc on Wednesday 23 May 2007, 05:36:07 PM
well i guess sinse we dont know much we go on the facts

is an investor thats what he does for a living
was lucky when he floates ss and made 900+ million

guess i would like to know if he does take control:

do we get our debts wiped?
do we still get the 300+ million investment
do we get a big transfer kitty?
how much control will he take over the transfers?
does he already see who he would like to get rid of when it comes to back room staff and will that matter?
does he see this as a long term investment?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: toontownman on Wednesday 23 May 2007, 05:38:54 PM
Does this affect the expansion of the ground and hotels?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NUFC06 on Wednesday 23 May 2007, 05:39:12 PM
I just can't see how the guy can have 'bad intentions'

If you by a club outright for £133 million, the only way you will get a return is through long term success.

If you sold all the players, you'd only get £50m, and the club would then be worthless, that would equate to a loss. TV money wouldn't help as we'd be in the lower divisions.

best explanation about his intentions so far in the thread
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 05:39:36 PM
well i guess sinse we dont know much we go on the facts

is an investor thats what he does for a living
was lucky when he floates ss and made 900+ million

guess i would like to know if he does take control:

do we get our debts wiped?

no

do we still get the 300+ million investment

yes

do we get a big transfer kitty?

probably

how much control will he take over the transfers?

none

does he already see who he would like to get rid of when it comes to back room staff and will that matter?

of course not

does he see this as a long term investment?

yes

Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dokko on Wednesday 23 May 2007, 05:39:53 PM
NE5s been strangely quiet.
In hospital with a broken rib tbf.

 ;D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Newcastle Fan on Wednesday 23 May 2007, 05:40:32 PM
(http://i58.photobucket.com/albums/g255/shidoh/cnsports16.jpg)

:lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Knightrider on Wednesday 23 May 2007, 05:40:55 PM
I just can't see how the guy can have 'bad intentions'

If you by a club outright for £133 million, the only way you will get a return is through long term success.

If you sold all the players, you'd only get £50m, and the club would then be worthless, that would equate to a loss. TV money wouldn't help as we'd be in the lower divisions.

Oh I don't think his intentions will be bad, although he won't be in this for the love of the club or indeed football. No, I'm just concerned as to what effect new change will have on the club. I'm hoping positive but there are no guarantees. Again, fingers crossed.

BTW I hope no-one sees how much he's worth and starts thinking we are now in the same league as Chelsea...
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Golfmag on Wednesday 23 May 2007, 05:41:20 PM
My initial excitment at the prospect of the Halls and Shepherd's leaving is now a lets wait and see kind of anticipation. Bit worried tbh.

apart from the obvious unknown what are your worries HTT?

Everything really as he is a complete unknown and this is a big step. Fingers crossed though.

I had dealings with him over sponsorship of a golf tournament and was completely and utterly shafted. None of that automatically means that he wouldn't be good for NUFC mind.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: nufcjmc on Wednesday 23 May 2007, 05:42:04 PM
invicta thats the first time in a while i aint seen you swear or pick a fight in a while mate well done ;) and yea I would like to agree with you on your answers except the debts we had would love to see them wiped
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: a random player who doesn't even play for us any more on Wednesday 23 May 2007, 05:43:33 PM
(http://i58.photobucket.com/albums/g255/shidoh/cnsports16.jpg)

:lol:
One with the glasses, right?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NE5 on Wednesday 23 May 2007, 05:44:01 PM
NE5s been strangely quiet.
In hospital with a broken rib tbf.

 ;D

now TT, what do you think the club would have been worth if your heroes McKeag, Seymour etc had never been taken over the Halls and Shepherd - speaking as a long term loyal supporter like yourself who didn't jump on the bandwagon etc etc

I [obviously] hope that the guy brings about a successful club. However, I would expect that long term fans such as you would harbour a slight reservation and wait and see, as you've no doubt been around the block a bit compared to some others, wouldn't you agree ?


Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dokko on Wednesday 23 May 2007, 05:44:17 PM
(http://i58.photobucket.com/albums/g255/shidoh/cnsports16.jpg)

:lol:
One with the glasses, right?

No, its the one wearing the big Mike Ashely sign, although he's too thick to point it at himself, hense all the confusion.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dokko on Wednesday 23 May 2007, 05:44:53 PM
NE5s been strangely quiet.
In hospital with a broken rib tbf.

 ;D

now TT, what do you think the club would have been worth if your heroes McKeag, Seymour etc had never been taken over the Halls and Shepherd - speaking as a long term loyal supporter like yourself who didn't jump on the bandwagon etc etc



ITS ALIVE!!!!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 05:45:45 PM
NE5s been strangely quiet.
In hospital with a broken rib tbf.

 ;D

now TT, what do you think the club would have been worth if your heroes McKeag, Seymour etc had never been taken over the Halls and Shepherd - speaking as a long term loyal supporter like yourself who didn't jump on the bandwagon etc etc



:lol:

Inevitable as ever.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 05:46:56 PM
I though TT was a bandwagon jumper meself like
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NE5 on Wednesday 23 May 2007, 05:47:12 PM
NE5s been strangely quiet.
In hospital with a broken rib tbf.

 ;D

now TT, what do you think the club would have been worth if your heroes McKeag, Seymour etc had never been taken over the Halls and Shepherd - speaking as a long term loyal supporter like yourself who didn't jump on the bandwagon etc etc



ITS ALIVE!!!!

I also edited it, just for you
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dokko on Wednesday 23 May 2007, 05:47:28 PM
NE5s been strangely quiet.
In hospital with a broken rib tbf.

 ;D

now TT, what do you think the club would have been worth if your heroes McKeag, Seymour etc had never been taken over the Halls and Shepherd - speaking as a long term loyal supporter like yourself who didn't jump on the bandwagon etc etc



:lol:

Inevitable as ever.

He's just p*ssed a thread got to 20 pages so quickly without his input tbh.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NE5 on Wednesday 23 May 2007, 05:47:34 PM
I though TT was a bandwagon jumper meself like

oh, he is.

Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dokko on Wednesday 23 May 2007, 05:49:05 PM
I though TT was a bandwagon jumper meself like

oh, he is.



Thought the mods told you to knock off the cockish behavior?

Forget again did you?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NE5 on Wednesday 23 May 2007, 05:50:38 PM
NE5s been strangely quiet.
In hospital with a broken rib tbf.

 ;D

now TT, what do you think the club would have been worth if your heroes McKeag, Seymour etc had never been taken over the Halls and Shepherd - speaking as a long term loyal supporter like yourself who didn't jump on the bandwagon etc etc



:lol:

Inevitable as ever.

indeed you are.

As will macbeth if or when they start to take money out of the club in divis, I look forward to seeing your response.

Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NUFC06 on Wednesday 23 May 2007, 05:51:03 PM
NE5s been strangely quiet.
In hospital with a broken rib tbf.

 ;D

now TT, what do you think the club would have been worth if your heroes McKeag, Seymour etc had never been taken over the Halls and Shepherd - speaking as a long term loyal supporter like yourself who didn't jump on the bandwagon etc etc

I [obviously] hope that the guy brings about a successful club. However, I would expect that long term fans such as you would harbour a slight reservation and wait and see, as you've no doubt been around the block a bit compared to some others, wouldn't you agree ?




NE5 what are your reservations about him?
I mean what bad you fear can happen to the club and do you think we can become worse under him then we was under Shepherd?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Wednesday 23 May 2007, 05:51:45 PM
girls girls

there are more important issues today shirley?


Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Nobby on Wednesday 23 May 2007, 05:51:49 PM
Does this affect the expansion of the ground and hotels?

GOOD POINT
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NE5 on Wednesday 23 May 2007, 05:52:04 PM
I though TT was a bandwagon jumper meself like

oh, he is.



Thought the mods told you to knock off the cockish behavior?

Forget again did you?

nah, it was you wasn't it ? Shame you made that initial post, don't you agree ? [it was you and not someone else I take it  :o  ]

 



Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NE5 on Wednesday 23 May 2007, 05:52:35 PM
NE5s been strangely quiet.
In hospital with a broken rib tbf.

 ;D

now TT, what do you think the club would have been worth if your heroes McKeag, Seymour etc had never been taken over the Halls and Shepherd - speaking as a long term loyal supporter like yourself who didn't jump on the bandwagon etc etc

I [obviously] hope that the guy brings about a successful club. However, I would expect that long term fans such as you would harbour a slight reservation and wait and see, as you've no doubt been around the block a bit compared to some others, wouldn't you agree ?




NE5 what are your reservations about him?
I mean what bad you fear can happen to the club and do you think we can become worse under him then we was under Shepherd?

omg give over

Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Nobby on Wednesday 23 May 2007, 05:53:36 PM
http://news.bbc.co.uk/1/hi/business/6685031.stm


BBC Profile on Mike Ashley
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 05:54:21 PM
Does this affect the expansion of the ground and hotels?

GOOD POINT

well it's gonna cost a fair whack to tear up all the contracts if wor ashley doesn't wan't to build an empire

mind, he might want to stick up a retail warehouse instead
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NUFC06 on Wednesday 23 May 2007, 05:55:52 PM
NE5s been strangely quiet.
In hospital with a broken rib tbf.

 ;D

now TT, what do you think the club would have been worth if your heroes McKeag, Seymour etc had never been taken over the Halls and Shepherd - speaking as a long term loyal supporter like yourself who didn't jump on the bandwagon etc etc

I [obviously] hope that the guy brings about a successful club. However, I would expect that long term fans such as you would harbour a slight reservation and wait and see, as you've no doubt been around the block a bit compared to some others, wouldn't you agree ?




NE5 what are your reservations about him?
I mean what bad you fear can happen to the club and do you think we can become worse under him then we was under Shepherd?

omg give over



i was asking some polite questions...
whats wrong with you?
probably you are still mourning about your idol being kicked out of the club
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Lloydie on Wednesday 23 May 2007, 05:56:17 PM
OK, some initial thoughts having read the grand total of the announcement on the Guardian, 6 pages of this thread and his Wikipedia profile.

First, he owns us now. With 41% of the shares he's a bigger shareholder than Shepherd and the institutional shareholders who hold the remaining shares (pension funds and the like) will vote with him, especially since unlike Shepherd he's got very deep pockets. It's highly unlikely that he'll want to keep Shepherd on, so I imagine we'll have a new chairman soon.

In order to delist Newcastle and take it private he needs 95% ? or more of the shares. So Shepherd can stop him doing that, and since this bloke is presumably planning some serious investment he might want to. After all, right now Shepherds shares are worth 100p each, if Ashby can build up the value of the club Shepherd benefits from it as long as he holds onto his shares. Indeed if I was Shepherd I'd resign as chairman, put my feet up and watch the value of my shares grow.

In what little can be gleaned from his business history as listed in wikipedia he looks like a ruthless competitor but probably an honest one. This is a good thing.

He clearly likes his privacy, so I imagine that just as Abramovich appointed Kenyon to be CEO and run Chelsea Ashby may well want someone else to run things day to day. I'd assume that if the club doesn't delist we'll definately have someone else as chief exec (a professional, finally!) and only if we can delist might he run it himself.

On the financial side I think we're sorted. He's got 900m in cash following the flotation, so he's got no need to go for the kind of junk bond financing the Glazers did. He'd be daft to clear all our debts because having some debt makes you more tax efficient and is good for the business, but we can assume that any high interest debt will be replaced with something more sane. To Shepherd's credit though I don't think we've got any of that, but a round of refinancing might happen anyway.

As to his long term plans, that almost certainly depends on whether he's planning to take us private or not. Since he didn't buy out Hall and Shepherd at the same time I think we can assume that Shepherd is as surprised by this as we are. So we could be treated to a round of shareholder conflict, contested board meetings etc. (all of which the new man will win) which would be fun, only because we'd get to watch Shepherd pulverised, but more likely we'll see Shepherd turn down this offer and do a subsequent deal for more money at a later date. If he can take us private the game plan is simple, pump up the revenue and the cashflow then refloat for much more money. If he can't it's a bit trickier since he'd only be realising 41% of any increase in value while still incurring all of the investment costs.

More than that it's hard to say...
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Wednesday 23 May 2007, 05:57:29 PM
NE5s been strangely quiet.
In hospital with a broken rib tbf.

 ;D

now TT, what do you think the club would have been worth if your heroes McKeag, Seymour etc had never been taken over the Halls and Shepherd - speaking as a long term loyal supporter like yourself who didn't jump on the bandwagon etc etc

I [obviously] hope that the guy brings about a successful club. However, I would expect that long term fans such as you would harbour a slight reservation and wait and see, as you've no doubt been around the block a bit compared to some others, wouldn't you agree ?




NE5 what are your reservations about him?
I mean what bad you fear can happen to the club and do you think we can become worse under him then we was under Shepherd?

omg give over



i was asking some polite questions...
whats wrong with you?
probably you are still mourning about your idol being kicked out of the club

He's not gone yet, to be fair.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Thespence on Wednesday 23 May 2007, 05:57:42 PM
Liked the bit on Wiki about him owning shares in all his rivals businness - "He likes to park his tanks on peoples' lawns,".

Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Wednesday 23 May 2007, 05:58:42 PM
better than an old oil field services one to store the kit in I guess...............

Even if it all goes ahead it'll be a couple of months before he gets his hands on the levers of power at SJP

The wage slaves will all be creeping to him immediatley of course and so he can set things rolling but I doubt he'lll tear up many contracts to start with - whatever you think of FFS (and by God I don't like him) he was good with the money

 Give  Alardyce another £10 million for headline value and then start to sort it all out next season.........

Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NE5 on Wednesday 23 May 2007, 06:01:56 PM
NE5s been strangely quiet.
In hospital with a broken rib tbf.

 ;D

now TT, what do you think the club would have been worth if your heroes McKeag, Seymour etc had never been taken over the Halls and Shepherd - speaking as a long term loyal supporter like yourself who didn't jump on the bandwagon etc etc

I [obviously] hope that the guy brings about a successful club. However, I would expect that long term fans such as you would harbour a slight reservation and wait and see, as you've no doubt been around the block a bit compared to some others, wouldn't you agree ?




NE5 what are your reservations about him?
I mean what bad you fear can happen to the club and do you think we can become worse under him then we was under Shepherd?

omg give over



i was asking some polite questions...
whats wrong with you?
probably you are still mourning about your idol being kicked out of the club

on the contrary, I was renewing my ticket whatever happened, unlike some, as I did when we had a s**** board. I know you believe in fairies and not fact, but its true, you can look at the record books, and the past decade is in fact the best we have had in the last 50 years.

Lets hope it gets better again, but we will see.




Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Lloydie on Wednesday 23 May 2007, 06:04:28 PM
One other thought. Shepherd scuppered two take over deals this year presumably because they didn't value the club as highly as he did. This buyout does represent a premium, but it's hardly the 80% or so Shepherd was wanting from our earlier suiters.

I said then we'd end up getting sold for less and he'd regret it.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 06:05:47 PM
One other thought. Shepherd scuppered two take over deals this year presumably because they didn't value the club as highly as he did. This buyout does represent a premium, but it's hardly the 80% or so Shepherd was wanting from our earlier suiters.

I said then we'd end up getting sold for less and he'd regret it.

don't know where you got that figure from, this price is about what FF was after
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NUFC06 on Wednesday 23 May 2007, 06:07:25 PM
NE5s been strangely quiet.
In hospital with a broken rib tbf.

 ;D

now TT, what do you think the club would have been worth if your heroes McKeag, Seymour etc had never been taken over the Halls and Shepherd - speaking as a long term loyal supporter like yourself who didn't jump on the bandwagon etc etc

I [obviously] hope that the guy brings about a successful club. However, I would expect that long term fans such as you would harbour a slight reservation and wait and see, as you've no doubt been around the block a bit compared to some others, wouldn't you agree ?




NE5 what are your reservations about him?
I mean what bad you fear can happen to the club and do you think we can become worse under him then we was under Shepherd?

omg give over



i was asking some polite questions...
whats wrong with you?
probably you are still mourning about your idol being kicked out of the club

on the contrary, I was renewing my ticket whatever happened, unlike some, as I did when we had a s**** board. I know you believe in fairies and not fact, but its true, you can look at the record books, and the past decade is in fact the best we have had in the last 50 years.

Lets hope it gets better again, but we will see.






Although i cant comment on the previous boards before Shepherd i trust you in your opinion that they were s*** and that Shepherd did alot of good things about newcastle.
I just cant understand why are you reacting to my questions like that
Just wanted to know what do you fear from with this new owner?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: koven on Wednesday 23 May 2007, 06:13:49 PM
So we're going to be wearing Donnay strips soon?

****.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: pedro111 on Wednesday 23 May 2007, 06:13:50 PM
WOW WOW WOW WOW WOW!    :o :o :o

Spunktastic news out of the blue this, well chuffed to bits.

 :clap: :cheesy: :cheesy: :cheesy: :D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dave on Wednesday 23 May 2007, 06:15:18 PM
Excited but wary.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NE5 on Wednesday 23 May 2007, 06:16:01 PM
NE5s been strangely quiet.
In hospital with a broken rib tbf.

 ;D

now TT, what do you think the club would have been worth if your heroes McKeag, Seymour etc had never been taken over the Halls and Shepherd - speaking as a long term loyal supporter like yourself who didn't jump on the bandwagon etc etc

I [obviously] hope that the guy brings about a successful club. However, I would expect that long term fans such as you would harbour a slight reservation and wait and see, as you've no doubt been around the block a bit compared to some others, wouldn't you agree ?




NE5 what are your reservations about him?
I mean what bad you fear can happen to the club and do you think we can become worse under him then we was under Shepherd?

omg give over



i was asking some polite questions...
whats wrong with you?
probably you are still mourning about your idol being kicked out of the club

on the contrary, I was renewing my ticket whatever happened, unlike some, as I did when we had a s**** board. I know you believe in fairies and not fact, but its true, you can look at the record books, and the past decade is in fact the best we have had in the last 50 years.

Lets hope it gets better again, but we will see.






Although i cant comment on the previous boards before Shepherd i trust you in your opinion that they were s*** and that Shepherd did alot of good things about newcastle.
I just cant understand why are you reacting to my questions like that
Just wanted to know what do you fear from with this new owner?

if you hadn't - rather stupidly - said "idol" I may have taken your comments seriously.

As it happens, I haven't, and as for you, I don't.

Your first line is accurate, long term fans like Toons Taylor will confirm it to be correct.

If you think someone is good for the club simply because they have a lot of money, then you are living in a fools paradise. We will see, he is in it to make money, pure and simple, he may think he may make it by having a successful team, but sadly whether you can take this in or not the outgoing board also thought that. We will see. Do you think he will outspend Abramovic ?

Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: the_guv_nor on Wednesday 23 May 2007, 06:16:09 PM
Owner of sports world?

so thats why they are always the cheapest for the toon tops!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Menace on Wednesday 23 May 2007, 06:16:53 PM
So we're going to be wearing Donnay strips soon?

****.

He has a stake in Adidas too.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Guinness on Wednesday 23 May 2007, 06:17:55 PM
I've just come out of 5 hours worth of exams to this news! All seems very exciting, anyone care to summarise what's been said to far, I'm lazy and don't want to look through the entire thread ;)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NE5 on Wednesday 23 May 2007, 06:18:00 PM
Excited but wary.

thats how I feel.

There are only 2 things that will happen here Dave. In 3 or 4 years down the line, we will have done better and we will all be happy, or people will realise that myself and one or two others have been stunningly correct in saying that replacing the board was no guarantee of doing better ......

 ;D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Nobby on Wednesday 23 May 2007, 06:18:37 PM
So we're going to be wearing Donnay strips soon?

****.

NO he owns some of adidas aswell
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Willow on Wednesday 23 May 2007, 06:18:43 PM
Which is the best channel to hear about News on this?

Obviously SSN are doin the champ final, should I tune into BBC or Sky news?
I'm guessing it will be weeks before there more developments tho, I'll just have to be patient....which is too hard...
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Nobby on Wednesday 23 May 2007, 06:22:01 PM
I've just come out of 5 hours worth of exams to this news! All seems very exciting, anyone care to summarise what's been said to far, I'm lazy and don't want to look through the entire thread ;)

he owns Sports World International

has over 300 UK stores including Sports World

Lillywhites acquired in 2002

owns The Original Shoe Company

In 2006 over took JJB Sports as the UK's largest sportswear retailer

In mid-2006 he bought 25% of Matalan
 
In February 2003 he bought Dunlop and Slazenger for £40M

bought Karrimor in March 2003

bought Kangol for £10M

bought boxing brand Lonsdale

bought tennis brand Donnay

£9 million stake and signed a lucrative long-term deal with Umbro

29.4% stake in Blacks Leisure, the owner of Millets and Mambo

holds stakes in JJB Sports

owns 19% of JD Sports

owns 3.14 per cent of Adidas

is 25th on the Sunday Times Rich List

keeps himself to himself

doesn't want fame

"I am a private man running a private business. I prefer to stay out of the limelight and have no desire for a public profile..."
(Ashley speaking in December 2006)

Mike Ashley:

"I am delighted to have this opportunity to invest in Newcastle United.
"The club has a fantastic infrastructure, for which Sir John and the board must take much of the credit.
"I am pleased that Sir John has agreed to remain as Life President of the club.
"Newcastle United has a wonderful heritage and the passion of its fans is legendary. I am sure that, like me, they are already excited about the prospects for next season under the new manager's stewardship."
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Nobby on Wednesday 23 May 2007, 06:22:52 PM
Which is the best channel to hear about News on this?

Obviously SSN are doin the champ final, should I tune into BBC or Sky news?
I'm guessing it will be weeks before there more developments tho, I'll just have to be patient....which is too hard...

SSN i would say, also Sky news though
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Guinness on Wednesday 23 May 2007, 06:23:23 PM
I've just come out of 5 hours worth of exams to this news! All seems very exciting, anyone care to summarise what's been said to far, I'm lazy and don't want to look through the entire thread ;)

he owns Sports World International

has over 300 UK stores including Sports World

Lillywhites acquired in 2002

owns The Original Shoe Company

In 2006 over took JJB Sports as the UK's largest sportswear retailer

In mid-2006 he bought 25% of Matalan
 
In February 2003 he bought Dunlop and Slazenger for £40M

bought Karrimor in March 2003

bought Kangol for £10M

bought boxing brand Lonsdale

bought tennis brand Donnay

£9 million stake and signed a lucrative long-term deal with Umbro

29.4% stake in Blacks Leisure, the owner of Millets and Mambo

holds stakes in JJB Sports

owns 19% of JD Sports

owns 3.14 per cent of Adidas

is 25th on the Sunday Times Rich List

keeps himself to himself

doesn't want fame

"I am a private man running a private business. I prefer to stay out of the limelight and have no desire for a public profile..."
(Ashley speaking in December 2006)

Mike Ashley:

"I am delighted to have this opportunity to invest in Newcastle United.
"The club has a fantastic infrastructure, for which Sir John and the board must take much of the credit.
"I am pleased that Sir John has agreed to remain as Life President of the club.
"Newcastle United has a wonderful heritage and the passion of its fans is legendary. I am sure that, like me, they are already excited about the prospects for next season under the new manager's stewardship."

:thup: Cheers mate
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: fraser on Wednesday 23 May 2007, 06:25:58 PM
NE5s been strangely quiet.
In hospital with a broken rib tbf.

 ;D

now TT, what do you think the club would have been worth if your heroes McKeag, Seymour etc had never been taken over the Halls and Shepherd - speaking as a long term loyal supporter like yourself who didn't jump on the bandwagon etc etc

I [obviously] hope that the guy brings about a successful club. However, I would expect that long term fans such as you would harbour a slight reservation and wait and see, as you've no doubt been around the block a bit compared to some others, wouldn't you agree ?




NE5 what are your reservations about him?
I mean what bad you fear can happen to the club and do you think we can become worse under him then we was under Shepherd?

omg give over



i was asking some polite questions...
whats wrong with you?
probably you are still mourning about your idol being kicked out of the club

on the contrary, I was renewing my ticket whatever happened, unlike some, as I did when we had a s**** board. I know you believe in fairies and not fact, but its true, you can look at the record books, and the past decade is in fact the best we have had in the last 50 years.

Lets hope it gets better again, but we will see.






Although i cant comment on the previous boards before Shepherd i trust you in your opinion that they were s*** and that Shepherd did alot of good things about newcastle.
I just cant understand why are you reacting to my questions like that
Just wanted to know what do you fear from with this new owner?

if you hadn't - rather stupidly - said "idol" I may have taken your comments seriously.

As it happens, I haven't, and as for you, I don't.

Your first line is accurate, long term fans like Toons Taylor will confirm it to be correct.

If you think someone is good for the club simply because they have a lot of money, then you are living in a fools paradise. We will see, he is in it to make money, pure and simple, he may think he may make it by having a successful team, but sadly whether you can take this in or not the outgoing board also thought that. We will see. Do you think he will outspend Abramovic ?



In support of NE5 I haven't forgotten how bad the board was before Hall and Shepherd. This most recent period has not been without its problems, of course, but for perspective if Ashley were to bring about improvement on the same scale as Hall and Shepherd did we'd be better than Brazil; things were that bad in the late 80s early 90s (and for a long time before). But we haven't improved since SBR went and a change is welcome.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NUFC06 on Wednesday 23 May 2007, 06:27:06 PM
NE5s been strangely quiet.
In hospital with a broken rib tbf.

 ;D

now TT, what do you think the club would have been worth if your heroes McKeag, Seymour etc had never been taken over the Halls and Shepherd - speaking as a long term loyal supporter like yourself who didn't jump on the bandwagon etc etc

I [obviously] hope that the guy brings about a successful club. However, I would expect that long term fans such as you would harbour a slight reservation and wait and see, as you've no doubt been around the block a bit compared to some others, wouldn't you agree ?




NE5 what are your reservations about him?
I mean what bad you fear can happen to the club and do you think we can become worse under him then we was under Shepherd?

omg give over



i was asking some polite questions...
whats wrong with you?
probably you are still mourning about your idol being kicked out of the club

on the contrary, I was renewing my ticket whatever happened, unlike some, as I did when we had a s**** board. I know you believe in fairies and not fact, but its true, you can look at the record books, and the past decade is in fact the best we have had in the last 50 years.

Lets hope it gets better again, but we will see.






Although i cant comment on the previous boards before Shepherd i trust you in your opinion that they were s*** and that Shepherd did alot of good things about newcastle.
I just cant understand why are you reacting to my questions like that
Just wanted to know what do you fear from with this new owner?

if you hadn't - rather stupidly - said "idol" I may have taken your comments seriously.

As it happens, I haven't, and as for you, I don't.

Your first line is accurate, long term fans like Toons Taylor will confirm it to be correct.

If you think someone is good for the club simply because they have a lot of money, then you are living in a fools paradise. We will see, he is in it to make money, pure and simple, he may think he may make it by having a successful team, but sadly whether you can take this in or not the outgoing board also thought that. We will see. Do you think he will outspend Abramovic ?



Almost certain that he wont.

Excited but wary.

thats how I feel.

There are only 2 things that will happen here Dave. In 3 or 4 years down the line, we will have done better and we will all be happy, or people will realise that myself and one or two others have been stunningly correct in saying that replacing the board was no guarantee of doing better ......

 ;D

true.there is no 100% guarantee about this things.
the point is that the vast majority of the people on this forum thinks that the chance of being successful with new board are far bigger then with the current board board and Freddy Shepherd
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Guinness on Wednesday 23 May 2007, 06:30:58 PM
Just seen David Craig on Sky Sports News saying 'Shephered is expected to strongly oppose any offer'. Hopefully this doesn't turn into a situation where there is a power struggle for the club resulting in our summer transfer activity being affected.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NUFC06 on Wednesday 23 May 2007, 06:32:35 PM
Just seen David Craig on Sky Sports News saying 'Shephered is expected to strongly oppose any offer'. Hopefully this doesn't turn into a situation where there is a power struggle for the club resulting in out summer transfer activity being affected.

I was expecting this from Shepherd tbh
The man will try and dig in as much as he can.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 06:32:59 PM
HOSTILE TAKEOVER

WOOO HOOO!!

fight fight fight fight


I wager twenty quatos on the newcomer

Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Paulie Walnuts on Wednesday 23 May 2007, 06:34:08 PM
This is great news.  My only concern is he has no historic interest in OUR club - hope he's not just here to milk the cow so to speak  - like a hedge fund - reduce the wage bill sell the most valuable assets and take what he can over a few years then bugger off - he is a businessman after all, whose reason must surely be profit, if he has no connection with the club. 

I'm hoping it'll be nothing like that and he'll be here long term to invest and improve the team and manage the club sensibly.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NUFC06 on Wednesday 23 May 2007, 06:34:28 PM
HOSTILE TAKEOVER

WOOO HOOO!!

fight fight fight fight


I wager twenty quatos on the newcomer



 ;D ;D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Lagerstedt on Wednesday 23 May 2007, 06:34:46 PM
Newcastle United PLC Statement

The Board of Newcastle United notes the announcement by SJHL regarding its acquisition of 55,342,223 Newcastle United shares at a price of 100 pence per ordinary share, and the terms of a mandatory cash offer of 100 pence per ordinary share in accordance with the provisions of Rule 9 of the City Code on Takeovers and Mergers (the "Code") for all of the issued and to be issued share capital of Newcastle United which is not already owned by SJHL.

The Board of Newcastle United will meet to consider the offer shortly. Newcastle United shareholders are urged to take no further action at this stage.

A further announcement will be made in due course.

In accordance with Rule 2.10 of the Code, Newcastle United confirms that it has 133,107,121 ordinary shares of 5 pence each in issue and admitted to trading on the London Stock Exchange under the UK ISIN code GB0006572795.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Geordiesned on Wednesday 23 May 2007, 06:35:18 PM
Just been reading out some texts on Tyne Tees News;

"Gavin from Fenham says: Shearer should have been the one to buy them."

Howay, own up, who texted that in??

 mackems.gif
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: the_guv_nor on Wednesday 23 May 2007, 06:36:24 PM
Just been reading out some texts on Tyne Tees News;

"Gavin from Fenham says: Shearer should have been the one to buy them."

Howay, own up, who texted that in??

 mackems.gif

Classic.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dave on Wednesday 23 May 2007, 06:37:32 PM
This is great news.  My only concern is he has no historic interest in OUR club - hope he's not just here to milk the cow so to speak  - like a hedge fund - reduce the wage bill sell the most valuable assets and take what he can over a few years then bugger off - he is a businessman after all, whose reason must surely be profit, if he has no connection with the club. 

I'm hoping it'll be nothing like that and he'll be here long term to invest and improve the team and manage the club sensibly.


As others have pointed out, a football club is amongst the worst things you could invest in for a quick buck imo. The players are worth nothing like what is touted, and it would be even less if everyone knew they were on sale. The ground isn't ours to sell.

I reckon the only way to make real money (ie big money, worth jumping in with £100m+ with) from football clubs is via success.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Thespence on Wednesday 23 May 2007, 06:38:52 PM
ARE YOU A SHAREHOLDER? Are you going to sell up to Ashley? For the people who bought at the launch price which I think was £1.32, the offer of £1 is loss maker.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: nufcjmc on Wednesday 23 May 2007, 06:38:53 PM
This is great news.  My only concern is he has no historic interest in OUR club - hope he's not just here to milk the cow so to speak  - like a hedge fund - reduce the wage bill sell the most valuable assets and take what he can over a few years then bugger off - he is a businessman after all, whose reason must surely be profit, if he has no connection with the club. 

I'm hoping it'll be nothing like that and he'll be here long term to invest and improve the team and manage the club sensibly.


As others have pointed out, a football club is amongst the worst things you could invest in for a quick buck imo. The players are worth nothing like what is touted, and it would be even less if everyone knew they were on sale. The ground isn't ours to sell.

I reckon the only way to make real money (ie big money, worth jumping in with £100m+ with) from football clubs is via success.

DING DING DING DING!!! the billion dollar answer I've been hoping for from the voice of common sense as per Dave ;)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 06:41:02 PM
It's crap though. Investors in Wolves, Man City and West Ham aren't on the cusp of trophies are they?

I don't think people realise just how much more money there is yet to come into this business, and it all runs down the league like a waterfall
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NUFCnutter on Wednesday 23 May 2007, 06:41:24 PM
I am absolutely delighted! Shepherd will be shitting himself as he knows his days are numbered! There is no way he can hold back a takeover, he hasn't got the money to compete with this bloke, and I don't think he will be Chairman much longer. This bloke is like a dream come true to any club and is worth more than the two yanks that took over Liverpool put together apparantly! Happy days! O0
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Micktoon on Wednesday 23 May 2007, 06:41:39 PM
f***ed me back two days ago carrying a bag of kitty litter  :blush:. All this pogoing around the room isn't doing it much f***ing better. :cheesy:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Lagerstedt on Wednesday 23 May 2007, 06:43:57 PM
Anyone ordered the new shirt with #1 Ashley on the back yet?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Parky on Wednesday 23 May 2007, 06:44:46 PM
It's crap though. Investors in Wolves, Man City and West Ham aren't on the cusp of trophies are they?

I don't think people realise just how much more money there is yet to come into this business, and it all runs down the league like a waterfall

European super league for one Vic. Although for the 'new money' clubs it will take time to break into that. But that will be a gobal brand.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dr. Richard Kimble on Wednesday 23 May 2007, 06:44:57 PM
This article is perplexed by the bid

http://www.thisismoney.co.uk/investing-and-markets/article.html?in_article_id=420651&in_page_id=3
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dave on Wednesday 23 May 2007, 06:45:54 PM
It's crap though. Investors in Wolves, Man City and West Ham aren't on the cusp of trophies are they?

I don't think people realise just how much more money there is yet to come into this business, and it all runs down the league like a waterfall

I see your point, but football is just too random on the pitch to get into for quick money alone in my opinion. Who knows what will happen to the fortunes of a team on the field?

I just don't think football would generate a big enough, steady enough stream of cash for someone this minted already, unless he wanted to try and get the team successful. By successful, I mean consistent Champions League football btw. You only get there on the field.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: nufcjmc on Wednesday 23 May 2007, 06:45:54 PM
It's crap though. Investors in Wolves, Man City and West Ham aren't on the cusp of trophies are they?

I don't think people realise just how much more money there is yet to come into this business, and it all runs down the league like a waterfall

don't really have a strong base really the likes of man city and wolves have been mediocre even compared to us, this isnt a multi milionaire investment either it is a billionaire investor who must see the benefits of getting a slice of the pie but knows that as dave said proper big money comes in getting in the CL again or winning trophies therefore expanding the world wide appeal of the side and making us a global brand and then global domination you can see this guy can make a small fortune out of us in our present situation we are ripe for investment
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 06:53:18 PM
of course he is not here to cut and run, he's here for the long term, but I guarantee he's not made the decision to invest on thinking we can get into the top 4 consistently. If he has, he's a total mug
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Wednesday 23 May 2007, 06:53:57 PM
It's crap though. Investors in Wolves, Man City and West Ham aren't on the cusp of trophies are they?

I don't think people realise just how much more money there is yet to come into this business, and it all runs down the league like a waterfall

European super league for one Vic. Although for the 'new money' clubs it will take time to break into that. But that will be a gobal brand.

don't start this s*** parky, how many times have i got to tell you there will be no super league
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Lagerstedt on Wednesday 23 May 2007, 06:54:53 PM
"One of many curiosities surrounding the deal is that Ashley also holds a 3% stake in Newcastle sponsor Adidas."

Good thing, now we hopefully won't end up with Umbro in two years time..
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Parky on Wednesday 23 May 2007, 06:56:17 PM
It's crap though. Investors in Wolves, Man City and West Ham aren't on the cusp of trophies are they?

I don't think people realise just how much more money there is yet to come into this business, and it all runs down the league like a waterfall

European super league for one Vic. Although for the 'new money' clubs it will take time to break into that. But that will be a gobal brand.

don't start this s*** parky, how many times have i got to tell you there will be no super league

I don't know why you have a mental block about this....It is clearly the intention of G14/18. FS himself said it in an interview.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: toontownman on Wednesday 23 May 2007, 06:57:56 PM
Billionaires are slowly becoming the new Millionaires, its only a matter of time before every club has this level of backing.

This has been coming a long time, whether he is the right person to do it remains to be seen, but someone was always going to take over, the potential here is too big to resist.

It wont be long before a richer person takes over someone else and knocks us back down the order again.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dave on Wednesday 23 May 2007, 06:58:35 PM
of course he is not here to cut and run, he's here for the long term, but I guarantee he's not made the decision to invest on thinking we can get into the top 4 consistently. If he has, he's a total mug

The basic infrastructure is there to get into that group consistently, that's my point. Any half-decent 'visionary' with a shitload of cash should be able to see that. Everyone knows we should be doing much better than we have - all things considered about the club - that's why i'm sick of the current lot anyway, despite the fact we could be much worse off.

Edit - Ashley referenced the infrastructure today in his statement I notice.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: nufcjmc on Wednesday 23 May 2007, 06:59:59 PM
Billionaires are slowly becoming the new Millionaires, its only a matter of time before every club has this level of backing.

This has been coming a long time, whether he is the right person to do it remains to be seen, but someone was always going to take over, the potential here is too big to resist.

It wont be long before a richer person takes over someone else and knocks us back down the order again.

which is why i guess we all worry so much we love this club this investor doesnt (not always a bad thing as he is looking at things more logical)
but while we have this new investor then we need to take the head start while we have a distinct advantage over some of the other 'none invested in' clubs and try and make us back into a player (sorry for the pun)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Gallowgate Toon on Wednesday 23 May 2007, 07:01:35 PM
erm you don't get as rich as mike ashley he is extrememly rich, Roman Abramovich is one of the richest men in the world easily so theres only very few that are richer that can take over clubs so i doubt a richer person will take over any other clubs
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Wednesday 23 May 2007, 07:02:16 PM
I'm just gutted my funny on page 4 of this thread has been over looked, all the thought I put into it aswell. :(

LOL
Na nothing can spoil this day, I am still mega chuffed about the whole thing!! :D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: gggg on Wednesday 23 May 2007, 07:04:25 PM
What if Shepard just buys 1% more of the shares and launches a takeover.  :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: nufcjmc on Wednesday 23 May 2007, 07:04:34 PM
erm you don't get as rich as mike ashley he is extrememly rich, Roman Abramovich is one of the richest men in the world easily so theres only very few that are richer that can take over clubs so i doubt a richer person will take over any other clubs

there are aload of billionares out there who invest in things and the new investment opertunity that are catching their eyes are football clubs, big business in europe and more and more tv rights money comming there way I would expect alot of clubs to get large investment especially at prem level.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Jimburst on Wednesday 23 May 2007, 07:04:56 PM
" Greggs owners now fear a take over bid from Newcastle Chariman Freddy Shepherd, they expect him to feel the need to be comfort eating in the very near future"
:D

this one? ;) :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Numbers on Wednesday 23 May 2007, 07:09:10 PM
Great news tbh,

here is your coat freddy,sell up and p*ss off.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Wednesday 23 May 2007, 07:11:22 PM
" Greggs owners now fear a take over bid from Newcastle Chariman Freddy Shepherd, they expect him to feel the need to be comfort eating in the very near future"
:D

this one? ;) :lol:

Thats the one!! :D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Pie on Wednesday 23 May 2007, 07:12:59 PM
NE5s been strangely quiet.
In hospital with a broken rib tbf.

 ;D

now TT, what do you think the club would have been worth if your heroes McKeag, Seymour etc had never been taken over the Halls and Shepherd - speaking as a long term loyal supporter like yourself who didn't jump on the bandwagon etc etc

I [obviously] hope that the guy brings about a successful club. However, I would expect that long term fans such as you would harbour a slight reservation and wait and see, as you've no doubt been around the block a bit compared to some others, wouldn't you agree ?





Quote from: LeazesMag
After todays events anything could happen. We might replace him [Owen] with Drogba and Tevez
:lol:  :idiot2:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Mick on Wednesday 23 May 2007, 07:17:24 PM
I can't see why people are saying be cautious, caution from the fans will not make the slightest difference to whatever is going to happen, you might as well enjoy it.

I’m really looking forward to seeing the back of Shepherd now.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: The Bonk on Wednesday 23 May 2007, 07:20:08 PM
Amen, Mick.  Like I told my mate at work, even a punch in the face can't wipe the smile off. 
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Mick on Wednesday 23 May 2007, 07:21:27 PM
Amen, Mick.  Like I told my mate at work, even a punch in the face can't wipe the smile off. 

I'll take your word for it, I'd rather not find out about the punch.  :D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Numbers on Wednesday 23 May 2007, 07:22:26 PM
Anyone know what this crap means?

In accordance with Rule 2.10 of the Code, Newcastle United confirms that it has 133,107,121 ordinary shares of 5 pence each in issue and admitted to trading on the London Stock Exchange under the UK ISIN code GB0006572795.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: indi on Wednesday 23 May 2007, 07:23:15 PM
I started reading from the beginning, but couldn't be arsed to read the whole thread, so I don't know if this has been mentioned before, but does anyone think that Sam might have known about this beforehand? Although this has appeared out-of-the-blue for us, it will have taken time to put something like this together and certain people will have known about it for a while. Obviously the Halls will have known and probably Fred as well, so would he not have had an obligation to let Sam know about it during the interview process? So maybe there's a chance that Sam was installed by the new owner before he had even taken control a la Martin O'Neil and Villa.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Baggio on Wednesday 23 May 2007, 07:23:43 PM
As a club, we need this to catch up to the big boys.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dave on Wednesday 23 May 2007, 07:24:12 PM
I started reading from the beginning, but couldn't be arsed to read the whole thread, so I don't know if this has been mentioned before, but does anyone think that Sam might have known about this beforehand? Although this has appeared out-of-the-blue for us, it will have taken time to put something like this together and certain people will have known about it for a while. Obviously the Halls will have known and probably Fred as well, so would he not have had an obligation to let Sam know about it during the interview process? So maybe there's a chance that Sam was installed by the new owner before he had even taken control a la Martin O'Neil and Villa.

Very possible, and the first thing the Villa fan at work suggested when I mentioned the news to him.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: The Bonk on Wednesday 23 May 2007, 07:24:16 PM
Amen, Mick.  Like I told my mate at work, even a punch in the face can't wipe the smile off. 

I'll take your word for it, I'd rather not find out about the punch.  :D

:lol: I told him he'd better make his last. 
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: SAK on Wednesday 23 May 2007, 07:24:42 PM
Happy that the Fat One could be on his way out but still cautious as we don't know much about Mike Ashleys intentions.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: nufcjmc on Wednesday 23 May 2007, 07:25:09 PM
As a club, we need this to catch up to the big boys.

the clubs that were already more successful in recent yeas and have now massive giant investors so we have a hell of alot to do but the will and the fans are there so lets hope we do something with what can be seen by most is good fortune
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Pie on Wednesday 23 May 2007, 07:26:21 PM
As a club, we need this to catch up to the big boys.
We are falling behind the likes of Tottenham never mind the likes of the top 4. We stood very little chance of ever challenging the top 4 with Shepherd.
There is some hope, and there should be some caution, with this fella.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: nufcjmc on Wednesday 23 May 2007, 07:27:14 PM
Happy that the Fat One could be on his way out but still cautious as we don't know much about Mike Ashleys intentions.

his intentions are using his massive wad of cash and putting 113millions banking on this club to make him money as many see this comming from making us a success so thats all we have to go on for now blind faith coupled with a few facts.

if i had of been told this while all the s*** was going on with souness and the rat i would not have complained so much we have suffered enough now is our time surely
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Thespence on Wednesday 23 May 2007, 07:28:48 PM
I am enjoying the close season more than last season :o
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: nufcjmc on Wednesday 23 May 2007, 07:30:30 PM
As a club, we need this to catch up to the big boys.
We are falling behind the likes of Tottenham never mind the likes of the top 4. We stood very little chance of ever challenging the top 4 with Shepherd.
There is some hope, and there should be some caution, with this fella.

not that i want to start a debate about the spuds but i see us in the same realm as villa, everton, spuds etc with a new manager now with a new rich investor i think we should be pushing higher than that arsenal are going to loose wenger very soon have massive debts due to the stadium and seem to be repelling any talk of a take over thats where i want us to be top 6 regular i think ashley will want that too as we need regular europe to make this a good deal for him
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Thespence on Wednesday 23 May 2007, 07:38:00 PM
Bit of stuff at: http://business.guardian.co.uk/story/0,,2086469,00.html?gusrc=rss&feed=11  lots of links to other news items about him/his company.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: YankeeToon on Wednesday 23 May 2007, 07:39:36 PM
So when can we realistically expect to know anything new? Tomorrow, or the day after, or is this the kind of thing that can drag out for weeks and weeks? I'm a bit concerned about this delaying some much-needed transfer activities this summer...
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: nufcjmc on Wednesday 23 May 2007, 07:41:11 PM
well the window is closed for the next few weeks so we are ok nothing stopping SA been told by the board you will have X ammount garenteed go do your thing with that and then if we have more to spend we can strengthen further ashley will know he needs to move quickly to invest in the side as much as we do
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: stozo on Wednesday 23 May 2007, 07:41:15 PM
So when can we realistically expect to know anything new? Tomorrow, or the day after, or is this the kind of thing that can drag out for weeks and weeks? I'm a bit concerned about this delaying some much-needed transfer activities this summer...
I believe actually fully taking over a club takes about a month.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Willow on Wednesday 23 May 2007, 07:42:19 PM
Has this deal definately gone through so far or are they considering it? .com says its done.

Either way I'm stopping reading the forums until more news comes about as I hate reading a load of assumptions, fears, petty arguments and conspiracy theories until solid facts are announced :razz:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: nufcjmc on Wednesday 23 May 2007, 07:43:17 PM
Has this deal definately gone through so far or are they considering it? .com says its done.

Either way I'm stopping reading the forums until more news comes about as I hate reading a load of assumptions, fears, petty arguments and conspiracy theories until solid facts are announced :razz:


the 40+ % deal is done he now has to offer for the rest of the shares this is not the done deal bit so will take time.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: jackyboy on Wednesday 23 May 2007, 07:45:03 PM
These deals don't happen overnight and FF has obviously known that this was about to go through, that confidential info would have been shared with Big Sam and that is probably why he agreed and was signed so quickly. I can't believe that people on here think that Sam will be sacked by the new owners
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dave on Wednesday 23 May 2007, 07:45:53 PM
So when can we realistically expect to know anything new? Tomorrow, or the day after, or is this the kind of thing that can drag out for weeks and weeks? I'm a bit concerned about this delaying some much-needed transfer activities this summer...
I believe actually fully taking over a club takes about a month.

Again, it's good timing doing this stuff now.

Villa missed out on pretty much the entire transfer window when they were taken over.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Micktoon on Wednesday 23 May 2007, 07:58:55 PM
I started reading from the beginning, but couldn't be arsed to read the whole thread, so I don't know if this has been mentioned before, but does anyone think that Sam might have known about this beforehand? Although this has appeared out-of-the-blue for us, it will have taken time to put something like this together and certain people will have known about it for a while. Obviously the Halls will have known and probably Fred as well, so would he not have had an obligation to let Sam know about it during the interview process? So maybe there's a chance that Sam was installed by the new owner before he had even taken control a la Martin O'Neil and Villa.

My thoughts exactly. Sam signs, immediately goes on a two week jolly bob, comes back, new owners are in, big wedge to spend.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: nufcjmc on Wednesday 23 May 2007, 08:00:51 PM
I started reading from the beginning, but couldn't be arsed to read the whole thread, so I don't know if this has been mentioned before, but does anyone think that Sam might have known about this beforehand? Although this has appeared out-of-the-blue for us, it will have taken time to put something like this together and certain people will have known about it for a while. Obviously the Halls will have known and probably Fred as well, so would he not have had an obligation to let Sam know about it during the interview process? So maybe there's a chance that Sam was installed by the new owner before he had even taken control a la Martin O'Neil and Villa.

My thoughts exactly. Sam signs, immediately goes on a two week jolly bob, comes back, new owners are in, big wedge to spend.

you mean it wasn't FFS passion that made him sign ???
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: nufcjmc on Wednesday 23 May 2007, 08:01:30 PM
anyone thought of the s*** anal will be comming out with tommorow??
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: andynufc84 on Wednesday 23 May 2007, 08:04:00 PM
anyone thought of the s*** anal will be comming out with tommorow??

see todays late edition chron
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: a random player who doesn't even play for us any more on Wednesday 23 May 2007, 08:06:02 PM
Does the window open June 1st?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: nufcjmc on Wednesday 23 May 2007, 08:07:56 PM
no 1st july
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: geordiebaz on Wednesday 23 May 2007, 08:08:30 PM
Time to go freddy as close as Geordie Abramovich we are going to get and said he d go when found 1
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: BooBoo on Wednesday 23 May 2007, 08:10:10 PM
Time to go freddy as close as Geordie Abramovich we are going to get and said he d go when found 1

Eh?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: nufcjmc on Wednesday 23 May 2007, 08:10:23 PM
Time to go freddy as close as Geordie Abramovich we are going to get and said he d go when found 1

and he can go knowing after the 100's of millions wasted on not good enough luxury players he won the intertoto plack
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: GeordieMessiah on Wednesday 23 May 2007, 08:11:41 PM
I started reading from the beginning, but couldn't be arsed to read the whole thread, so I don't know if this has been mentioned before, but does anyone think that Sam might have known about this beforehand? Although this has appeared out-of-the-blue for us, it will have taken time to put something like this together and certain people will have known about it for a while. Obviously the Halls will have known and probably Fred as well, so would he not have had an obligation to let Sam know about it during the interview process? So maybe there's a chance that Sam was installed by the new owner before he had even taken control a la Martin O'Neil and Villa.

My thoughts exactly. Sam signs, immediately goes on a two week jolly bob, comes back, new owners are in, big wedge to spend.

Have to say considering that Dave Whelan seems to have been one of the key people who spurred Ashley on to buy out Newcastle, the thought certainly crossed my mind...Allardyce, Lancashire, Big Money Boys, desire to succeed in the Premiership, NUFC a sleeping giant etc...possibly all pieces of a jigsaw puzzle, but we'll just have to sit it out and wait to see what picture emerges over the coming weeks. Quite possible also that SJH tipped Allardyce the wink about Mr Moneybags waiting in the wings, but swore him to secrecy so as not to scupper his part of the deal.

One thing I am sure of is that Freddy will not go easily - I reckon he'll go kicking and screaming - so expect a lot of crass statements about "outsiders" and "Geordie Nation" to be hitting the press courtesy of Alan Oliver over the coming weeks. I hope it won't affect Allardyce's summer transfer plans, and doesn't cause too much disruption over what is still going to be a critical summer for the club.

Funny though, as I was getting concerned yesterday about the number of (admittedly substandard) players we were shedding left right and centre and no real sign of any replacements planned or almost in the bag. Assuming Ashley is the sort who will put his money where his mouth is, I think we can expect a very bright future. At least, I hope so, anyway...
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: JH on Wednesday 23 May 2007, 08:13:01 PM
anyone thought of the s*** anal will be comming out with tommorow??

see todays late edition chron

What's he say?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: BooBoo on Wednesday 23 May 2007, 08:14:25 PM
There's a story on icnewcastle but Oliver's not written it.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: nufcjmc on Wednesday 23 May 2007, 08:15:18 PM
anyone thought of the s*** anal will be comming out with tommorow??

see todays late edition chron

What's he say?

online i could only see an chron statement nothing from anal
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dave on Wednesday 23 May 2007, 08:15:40 PM
There's a story on icnewcastle but Oliver's not put his EXCLUSIVE/name/Ray Ranson phone call to it.

FYP.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Cronky on Wednesday 23 May 2007, 08:18:18 PM
ARE YOU A SHAREHOLDER? Are you going to sell up to Ashley? For the people who bought at the launch price which I think was £1.32, the offer of £1 is loss maker.


I'll be selling. The money wasn't the important thing when I bought, and it's the same now. I can understand these concerns about the intentions of potential buyers, but new money is coming into football, and we either jump on board or we get left behind. Besides, this guy seems to have a genuine interest in sport.

It's a complete humiliation for Shepherd, who only a few days ago claimed that neither he nor the Halls would sell. The Halls have decided to call his bluff. He clearly wants to stay in charge and I'm sure he will fight this if he can. Whether he can launch a counter-offer, I don't know. If not, he may be prepared to hang on to his 29 %, but his real power will have gone. If this guy is unopposed, he'll have no trouble in getting his 51% of shares.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Mick on Wednesday 23 May 2007, 08:21:09 PM
ARE YOU A SHAREHOLDER? Are you going to sell up to Ashley? For the people who bought at the launch price which I think was £1.32, the offer of £1 is loss maker.


I'll be selling. The money wasn't the important thing when I bought, and it's the same now. I can understand these concerns about the intentions of potential buyers, but new money is coming into football, and we either jump on board or we get left behind. Besides, this guy seems to have a genuine interest in sport.

It's a complete humiliation for Shepherd, who only a few days ago claimed that neither he nor the Halls would sell. The Halls have decided to call his bluff. He clearly wants to stay in charge and I'm sure he will fight this if he can. Whether he can launch a counter-offer, I don't know. If not, he may be prepared to hang on to his 29 %, but his real power will have gone. If this guy is unopposed, he'll have no trouble in getting his 51% of shares.

If he (Ashley) gets to 51% then I'd expect an EGM and the possibility of a new Chairman.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: toontownman on Wednesday 23 May 2007, 08:23:22 PM
Lets hope this petty power struggle over millions doesnt stop us signing anyone.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Colo's Short and Curlies on Wednesday 23 May 2007, 08:23:30 PM
25 pages, too much to read through now.

I'd guess that the usual concerns of what will he do to the club to make money have been made.

My two-penneth is that I'd wager that he plans to use the Toon as a tool to generate more cash from his other business ventures, maybe an exclusive shirt sale in Sports Soccer (as long as the price stays at £32 happy days. Maybe a Kangol labelled casual range. That sort of thing.

Personally glad a Brit has bought the club, no xenophib reasons, just feel that someone who has a moire local grasp of the English leagues will appreciate that you can't turn the Toon into a top 4 club in a season and a Chelsea scenario aint going to happen here.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Liam Liam Liam O on Wednesday 23 May 2007, 08:23:49 PM
ARE YOU A SHAREHOLDER? Are you going to sell up to Ashley? For the people who bought at the launch price which I think was £1.32, the offer of £1 is loss maker.


I'll be selling. The money wasn't the important thing when I bought, and it's the same now. I can understand these concerns about the intentions of potential buyers, but new money is coming into football, and we either jump on board or we get left behind. Besides, this guy seems to have a genuine interest in sport.

It's a complete humiliation for Shepherd, who only a few days ago claimed that neither he nor the Halls would sell. The Halls have decided to call his bluff. He clearly wants to stay in charge and I'm sure he will fight this if he can. Whether he can launch a counter-offer, I don't know. If not, he may be prepared to hang on to his 29 %, but his real power will have gone. If this guy is unopposed, he'll have no trouble in getting his 51% of shares.

If he (Ashley) gets to 51% then I'd expect an EGM and the possibility of a new Chairman.

i'd say theres a pretty good chance of a new chairman anyway.  the institutional investors will be backing Ashley now
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Mick on Wednesday 23 May 2007, 08:26:37 PM

i'd say theres a pretty good chance of a new chairman anyway.  the institutional investors will be backing Ashley now

It's going to be an interesting few days, Ashley will have to make a formal offer, if he hasn't already then Shepherd has no choice but to put it to the shareholders with his recommendations.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: afar on Wednesday 23 May 2007, 08:41:10 PM
As a way of a protest against a non geordie national investing in our club, I think we should form our own breakaway football club, call it something like FC United, and get everyone to support the true NUFC :P
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: KaKa on Wednesday 23 May 2007, 08:53:57 PM
Let's not forget that there is still achance Freddy remains at the club as chairman is there not?

Just like David Gill did at Man U right?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: nufcjmc on Wednesday 23 May 2007, 08:57:32 PM
Let's not forget that there is still achance Freddy remains at the club as chairman is there not?

Just like David Gill did at Man U right?

it may come down to how FFS handles the rest of the take over, dig his heels in be a moaning bitch and he will be owt, bow down gracefully and he may be asked to stay just in that capacity due to ashley seeming to like more a silent role in most of his investments
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Kasper on Wednesday 23 May 2007, 09:00:46 PM
If he really knows what he's doing I doubt he'd like Freddy taking care of his bussiness. Im sure he will be looking to hire someone qualified for the job..
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Thespence on Wednesday 23 May 2007, 09:05:37 PM
Just like David Gill did at Man U right?

Wrong. Gilly is Chief Executive. I am not sure if Man United have a chairman, I think they have board with a load Glazer's on + few others.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Cristov on Wednesday 23 May 2007, 09:37:23 PM
In accordance with Rule 2.10 of the Code, Newcastle United confirms that it has 133,107,121 ordinary shares of 5 pence each in issue and admitted to trading on the London Stock Exchange under the UK ISIN code GB0006572795.

this was at the bottom of the press release on the offical web site, does this mean newcastle united can sell these shares for £1 a share and that will boost the balance by £133+ million

if im being stupid please tell me
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Thespence on Wednesday 23 May 2007, 09:39:25 PM
Ashley is said to be supremely confident that he can acquire more than 51 per cent of the club, marginalising Shepherd's position to the point where he would be forced to sell.

"He wants to completely take over the business," an insider told Sportsmail.

"The plan is to buy out Freddy Shepherd in a matter of weeks. It is a very strong offer, 19 per cent above the premium.

"If Freddy accepts, then there are other shareholders who would have to accept as well. If we get there more quickly, he will then set out his aims and plans.

"Mike Ashley is a winner. Just look at what he has achieved. It's about building a business and then maximising the brand.

"There are opportunities with this club to take the brand more widely."

Ashley would create a new board of directors if he does gain control of the club, with the intention of giving the club the benefits of a high international profile, a position which is enjoyed by such Premiership clubs as Manchester United and Liverpool.

Sportsmail also understands that he will attend Newcastle games, a rarity for a man so private that he has rarely been seen outside his Hertfordshire mansion.

Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: jarralad on Wednesday 23 May 2007, 09:42:50 PM
shepherd will make a killing on the shitload of shares he bought awhile back.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Willow on Wednesday 23 May 2007, 09:44:27 PM
Ashley is said to be supremely confident that he can acquire more than 51 per cent of the club, marginalising Shepherd's position to the point where he would be forced to sell.

"He wants to completely take over the business," an insider told Sportsmail.

"The plan is to buy out Freddy Shepherd in a matter of weeks. It is a very strong offer, 19 per cent above the premium.

"If Freddy accepts, then there are other shareholders who would have to accept as well. If we get there more quickly, he will then set out his aims and plans.

"Mike Ashley is a winner. Just look at what he has achieved. It's about building a business and then maximising the brand.

"There are opportunities with this club to take the brand more widely."

Ashley would create a new board of directors if he does gain control of the club, with the intention of giving the club the benefits of a high international profile, a position which is enjoyed by such Premiership clubs as Manchester United and Liverpool.

Sportsmail also understands that he will attend Newcastle games, a rarity for a man so private that he has rarely been seen outside his Hertfordshire mansion.


Wicked! wheres this from, got a link/source?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dave on Wednesday 23 May 2007, 09:45:13 PM
http://www.dailymail.co.uk/pages/live/articles/sport/football.html?in_article_id=457191&in_page_id=1779&ct=5
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Thespence on Wednesday 23 May 2007, 09:45:23 PM
shepherd will make a killing on the shitload of shares he bought awhile back.

Not as much as the Halls, from what I have read they spent £3 million on the one's they sold for £55 million
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: indi on Wednesday 23 May 2007, 09:47:33 PM
In accordance with Rule 2.10 of the Code, Newcastle United confirms that it has 133,107,121 ordinary shares of 5 pence each in issue and admitted to trading on the London Stock Exchange under the UK ISIN code GB0006572795.

this was at the bottom of the press release on the offical web site, does this mean newcastle united can sell these shares for £1 a share and that will boost the balance by £133+ million

if im being stupid please tell me

No, all it means is that there are 133,107,121 in circulation and that they have a "face value" of 5p each. NUFC itself won't see any of the £133m, that'll go to the people who own the shares.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Cronky on Wednesday 23 May 2007, 09:47:53 PM
What intrigues me is how the Board meeting will go. They need to make a recommendation to the shareholders, but of the five Directors, two are Hall family members (Douglas Hall, Alison Antonopolous) and two are Shepherds (Freddie and brother Bruce) Probably they'll be split down the middle, in which case does it go to a vote, therefore making the fifth director - Tim Revill, the Accountant - the effective decider. A ludicrous situation, and if anyone more knowledgable about business can chip in here, please do.

The other intriguing factor is Bruce Shepherd. I think I'm right in saying that Freddie's shares are actually owned by Shepherd Offshore Ltd, which is the Shepherd brothers' joint venture. Even if Freddie is up for a fight, it's quite possible that Bruce may feel that it's not worth the hassle in his own interests, or in the interests of the club.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Thespence on Wednesday 23 May 2007, 09:48:55 PM
Wicked! wheres this from, got a link/source?

http://www.thisislondon.co.uk/sport/article-23397765-details/Shepherd+on+way+out+as+tycoon+buys+Hall+shares+at+Newcastle/article.do

Looking at the picture of Mr Ashely he looks defined compared to the slob Fred.

Also found this:But in the retail business - which heaves with big egos - he is almost unknown. Those who do business with him describe him as unremarkable - a slightly chubby and unkempt man whose only business accessory is a mobile phone and who carries his papers in a carrier bag. Until earlier this year only one photograph existed of the 42-year-old - taken when he was a teenage county squash player.

Got that from: http://business.guardian.co.uk/story/0,,2086519,00.html


Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: nufcjmc on Wednesday 23 May 2007, 09:49:58 PM
The other intriguing factor is Bruce Shepherd. I think I'm right in saying that Freddie's shares are actually owned by Shepherd Offshore Ltd, which is the Shepherd brothers' joint venture. Even if Freddie is up for a fight, it's quite possible that Bruce may feel that it's not worth the hassle in his own interests, or in the interests of the club.
[/quote]

cant really comment on the board situation as i think many of us will struggle with but if Bruce does have any influence he seems keen to follow FFS seen as he has been so vocal and bruce has chosen to say nothing everytime
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Newcastle Fan on Wednesday 23 May 2007, 09:50:22 PM
New owner , New manager, things are looking up










Then again they always do :(
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: KeithKettleborough on Wednesday 23 May 2007, 09:59:36 PM
Some poor soul sold 500 shares for 84p about 20 minutes before the price rise. Maybe this was a fan who had bought his few shares at the 135p or so asking price years ago and felt they were going to be a part of a great revolution here. Perhaps they had just had enough of the club, Halls and Shepherds of this world and this was the final parting.

I know the apathy and sense of hopelessness a few weeks ago now has changed a great deal and perhaps many who weren't renewing season tickets will do now as there is hope. However we must not count our chickens etc as knowing our luck, we will be taken over by someone who wants to milk the fatted cow and leave us as empty as the recent managers and owners of the club have.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Hibbits left foot on Wednesday 23 May 2007, 10:09:20 PM
Woohoo!!! Kaka, Henry, Nesta, Anelka, fo' th bit toon like!!!!!!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: graemeh72 on Wednesday 23 May 2007, 10:09:37 PM
Have .com had a whinge about this yet? ;)

Alex is off......
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Karjala on Wednesday 23 May 2007, 10:11:30 PM
My only concern is that we end up with one of his companies as kit manufacturer.  I like Adidas stuff, myself :)
As mentioned before, he has shares in Adidas.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dr. Nguyen Van Falk on Wednesday 23 May 2007, 10:13:51 PM
Bit turned off by the over spending for the shares, sign of things to come?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: graemeh72 on Wednesday 23 May 2007, 10:15:03 PM
My only concern is that we end up with one of his companies as kit manufacturer.  I like Adidas stuff, myself :)
As mentioned before, he has shares in Adidas.

Please could you tell me your source?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dave on Wednesday 23 May 2007, 10:16:14 PM
Source?

It's fact mate. Here's one: http://news.bbc.co.uk/1/hi/business/6685031.stm
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Chris_R on Wednesday 23 May 2007, 10:19:01 PM
Some poor soul sold 500 shares for 84p about 20 minutes before the price rise.

£80 down. Unlucky, but hardly newsworthy. Just one of them things.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Brazilianbob on Wednesday 23 May 2007, 10:20:54 PM
I wonder if Mega Sam will get the sack before he actually manages a competitive side for NUFC?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Lagerstedt on Wednesday 23 May 2007, 10:21:29 PM
Some poor soul sold 500 shares for 84p about 20 minutes before the price rise.

£80 down. Unlucky, but hardly newsworthy. Just one of them things.

Perhaps he was the one who sold and just wanted to get some sympathy :)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Thespence on Wednesday 23 May 2007, 10:22:41 PM
Yeah, I was reading up about him on some financial site and it said he'd been buying up Adidas recently

I think this is because "He likes to park his tanks on people's lawns", as  it seems Adidas & Nike don't like there stuff next his crap merchandise.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NUFC06 on Wednesday 23 May 2007, 10:26:02 PM
I wonder if Mega Sam will get the sack before he actually manages a competitive side for NUFC?

He'll be given a chance to prove himself imo
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: YankeeToon on Wednesday 23 May 2007, 10:29:13 PM
I think this is because "He likes to park his tanks on people's lawns"

Wait... we get TANKS now?!? Sweet!!! Time to mount a panzer brigade assault on the SoL, methinks...  >:D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dr. Nguyen Van Falk on Wednesday 23 May 2007, 10:31:06 PM
I wonder if Mega Sam will get the sack before he actually manages a competitive side for NUFC?

He'll be given a chance to prove himself imo

Aye, would like to see Sam build a team on a limited budget whilst the real money is put into the youth academy and getting a good training set up going.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: graemeh72 on Wednesday 23 May 2007, 10:33:58 PM
Source?

It's fact mate. Here's one: http://news.bbc.co.uk/1/hi/business/6685031.stm

I wasn't doubting it for a moment - i just wanted to know the source out of personal curiousity
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Thespence on Wednesday 23 May 2007, 10:35:32 PM
My only concern is that we end up with one of his companies as kit manufacturer.  I like Adidas stuff, myself :)

Your bothered about who makes our strip?!? YOU TART bluelaugh.gif  It wouldnt bother me if it was Gola or Dolce & Gabbana it is all about the SPECIAL PLAYERS in the shirt.

Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Armchair Pundit on Wednesday 23 May 2007, 10:36:05 PM
I would think that Big Sam would still be a good option as our manager regardless of the takeover or not, it's not so much about operating on a shoestring budget as getting the best out of the players you have. The only thing that worries me about all this right now is the possibility of any transfer business being put on hold until it's all sorted.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Lagerstedt on Wednesday 23 May 2007, 10:39:49 PM
My only concern is that we end up with one of his companies as kit manufacturer.  I like Adidas stuff, myself :)

Your bothered about who makes our strip?!? YOU TART bluelaugh.gif  It wouldnt bother me if it was Gola or Dolce & Gabbana it is all about the SPECIAL PLAYERS in the shirt.



Dolce & Gabbana would be interesting though... The WaGs would be over the moon with it
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: STM on Wednesday 23 May 2007, 10:46:57 PM
What was the crak with th board meeting? Someone run me through it.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: KeithKettleborough on Wednesday 23 May 2007, 10:52:14 PM
Some poor soul sold 500 shares for 84p about 20 minutes before the price rise.

£80 down. Unlucky, but hardly newsworthy. Just one of them things.

Perhaps he was the one who sold and just wanted to get some sympathy :)

Fat chance on here as was shown by the reply ;)  It was more an attempt to illustrate the fact that we were down and out for a spell and that maybe those who bought shares in the club hoping to feel a part of it, had had enough.

Never mind, but thanks for noticing that maybe my posts do need sympathy.  Just one of those things!!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Knightrider on Wednesday 23 May 2007, 10:53:36 PM
Allardyce won't be moved on FFS, in fact I bet he knew all about this.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: smoggeordie on Wednesday 23 May 2007, 10:54:16 PM
Allardyce won't be moved on FFS, in fact I bet he knew all about this.

Not really if FFS didn't :lol:

can't see him going though.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Alan Shearer 9 on Wednesday 23 May 2007, 10:54:25 PM
Sam hasn't commented on the matter, he is a bit BUNGED up he ad the flu. BUNG.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ElDiablo on Wednesday 23 May 2007, 11:00:22 PM
Whoa! Start doing a midday shift and this is what I get in return! Come in to hear about this, and Liverpool losing.  :parky:




 :drink:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Knightrider on Wednesday 23 May 2007, 11:01:20 PM
Allardyce won't be moved on FFS, in fact I bet he knew all about this.

Not really if FFS didn't :lol:

can't see him going though.

I'm positive Big Sam will have been tipped off in some form or another at least about the possibility of a takeover.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NUFC06 on Wednesday 23 May 2007, 11:04:38 PM
Allardyce won't be moved on FFS, in fact I bet he knew all about this.

Not really if FFS didn't :lol:

can't see him going though.

I'm positive Big Sam will have been tipped off in some form or another at least about the possibility of a takeover.

By who?
If Shepherd didnt know i cant see who.
Probably the only persons who knew this were the Halls
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Knightrider on Wednesday 23 May 2007, 11:10:45 PM
Shepherd will have been aware that someone is interested in buying out the Halls but will probably not have expected anything tangible to come of it or for things to happen so quickly. To think the Chairman and other major shareholder of the club has been in the dark about all this though is unlikely, in my opinion anyway.

His recent comments about not selling up was probably his reaction to this what we now know to be genuine interest in the Halls' shares, who incidently I feel have played FS brilliantly :lol:

Anyway, Sam is someone who is very dilligent and will have been aware of the potential of a takeover, I believe. Could even explain his over smugness in his press conference, now I'm sure he was delighted at getting the job but he was positively beaming throughout which just isn't like him, maybe just maybe he had an inkling about the changes to come. Or maybe not. Either way he's safe or f***ing should be because he's the right man for the job 100%.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: James on Wednesday 23 May 2007, 11:18:02 PM
I've found a video of the chauffeur who regularly drives mike Ashley between matches:

http://www.youtube.com/watch?v=NySN_plfiNI
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Knightrider on Wednesday 23 May 2007, 11:19:36 PM
BTW I'm a lot more positive about this now after hearing some encouraging things from my people in the know

/MJtastic
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: johnnypd on Wednesday 23 May 2007, 11:26:01 PM
Shepherd will have been aware that someone is interested in buying out the Halls but will probably not have expected anything tangible to come of it or for things to happen so quickly. To think the Chairman and other major shareholder of the club has been in the dark about all this though is unlikely, in my opinion anyway.

His recent comments about not selling up was probably his reaction to this what we now know to be genuine interest in the Halls' shares, who incidently I feel have played FS brilliantly :lol:


i agree, SHepherd said it was "impossible" to buy the club and at the time i said this "I think shepherd is coming out saying he'll never go/wants to buy up more shares because he is worried about the halls selling up and wants to frighten away potential investors by appearing intransigent." he'll be shitting himself now, sure he'd like to money he'd receive if we was bought out but he has loads of it anyway and you can't put a price on the sort of fame and power he wields as nufc chairman.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: smoggeordie on Wednesday 23 May 2007, 11:30:47 PM
Surprised no one on here has made and Fred and Ashley Peacock Jokes a say a say :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: madras on Wednesday 23 May 2007, 11:39:50 PM
i'd like to know the timings behind this deal.

how far along was the deal before the appointment of allardyce ?

how long ago did ashley get in touch with sir john about this ?

did ashley have any input into the allardyce appointment ?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Keefaz on Wednesday 23 May 2007, 11:41:19 PM
How can he have had any input on appointing Allaydyce?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: indi on Wednesday 23 May 2007, 11:43:17 PM
How can he have had any input on appointing Allaydyce?

The same way that Lerner had input into appointing O'Neil.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: madras on Wednesday 23 May 2007, 11:45:32 PM
How can he have had any input on appointing Allaydyce?
it just seems unlikely that this deal has only been thought of in the last couple of days.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ewerk on Wednesday 23 May 2007, 11:46:27 PM
i'd like to know the timings behind this deal.

how far along was the deal before the appointment of allardyce ?

how long ago did ashley get in touch with sir john about this ?

did ashley have any input into the allardyce appointment ?

And why the f*** should they tell you any of this?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: madras on Wednesday 23 May 2007, 11:48:00 PM
i'd like to know the timings behind this deal.

how far along was the deal before the appointment of allardyce ?

how long ago did ashley get in touch with sir john about this ?

did ashley have any input into the allardyce appointment ?

And why the f*** should they tell you any of this?
did i say they should ?

just that i'd like to know.

Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ewerk on Wednesday 23 May 2007, 11:50:08 PM
Aye well we'd all like to know a lot of things.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: madras on Wednesday 23 May 2007, 11:53:56 PM
Aye well we'd all like to know a lot of things.
ewerk's been eating red meat again
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Keefaz on Wednesday 23 May 2007, 11:53:56 PM
How can he have had any input on appointing Allaydyce?
it just seems unlikely that this deal has only been thought of in the last couple of days.

You mean Allardyce only came because Ashley told him he'd be taking over the club? Sounds like tosh to me.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: madras on Wednesday 23 May 2007, 11:55:45 PM
How can he have had any input on appointing Allaydyce?
it just seems unlikely that this deal has only been thought of in the last couple of days.

You mean Allardyce only came because Ashley told him he'd be taking over the club? Sounds like tosh to me.
where the f*** did i say that ?


how about allardyce is told there will be a takeover and possible major investment....how about allardyce being the man identified by ashley as the man he wanted(villa style)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: madras on Wednesday 23 May 2007, 11:58:26 PM
moreover does it not seem strange that our major shareholder would be appointing a new manager then within a week have sold their stake in the club ?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Keefaz on Thursday 24 May 2007, 12:08:07 AM
First, our major shareholder hasn't sold his stake. Second, Ashley can identify whoever he wants, it was Shepherd who met with him and it was Shepherd who appointed him. He was Shepherd's appointment. It's conceivable that Allardyce may have been told about a potential takeover, but it's also conceivable that Shepherd told him--as he told us all last week (I think it was)--that the club wasn't for sale and there was to be no takeover.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Thursday 24 May 2007, 12:14:30 AM
so let me get this straight....

people think Ashley tipped off Allardyce that he was going to buy two board member's shares, Sam convinced Fred that he was the manager for NUFC, Fred hired him, and on the strength of Fred being hired as manager Ashley decided to wedge up £50m and go through a hostile takeover?

Some people are literally too f***ing stupid to be allowed to type tbh
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: madras on Thursday 24 May 2007, 12:19:36 AM
First, our major shareholder hasn't sold his stake. Second, Ashley can identify whoever he wants, it was Shepherd who met with him and it was Shepherd who appointed him. He was Shepherd's appointment. It's conceivable that Allardyce may have been told about a potential takeover, but it's also conceivable that Shepherd told him--as he told us all last week (I think it was)--that the club wasn't for sale and there was to be no takeover.
shepherd couldn't do it off his own bat,it had to be a board decision including the halls.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Knightrider on Thursday 24 May 2007, 12:20:27 AM
so let me get this straight....

people think Ashley tipped off Allardyce that he was going to buy two board member's shares, Sam convinced Fred that he was the manager for NUFC, Fred hired him, and on the strength of Fred being hired as manager Ashley decided to wedge up £50m and go through a hostile takeover?

Some people are literally too f***ing stupid to be allowed to type tbh

Aye, because that's exactly what people are saying :lol:

As ever you spectacularly miss the point.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Bad Mongo on Thursday 24 May 2007, 12:20:30 AM
so let me get this straight....

people think Ashley tipped off Allardyce that he was going to buy two board member's shares, Sam convinced Fred that he was the manager for NUFC, Fred hired him, and on the strength of Fred being hired as manager Ashley decided to wedge up £50m and go through a hostile takeover?

Some people are literally too f***ing stupid to be allowed to type tbh
It doesn't have to be a big conspiracy, even if Allardyce knew. None of us knew what went on behind the scenes, and the takeover must have been planned for a while. We still don't know whether Shepherd knew or not.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: madras on Thursday 24 May 2007, 12:20:58 AM
so let me get this straight....

people think Ashley tipped off Allardyce that he was going to buy two board member's shares, Sam convinced Fred that he was the manager for NUFC, Fred hired him, and on the strength of Fred being hired as manager Ashley decided to wedge up £50m and go through a hostile takeover?

Some people are literally too f****** stupid to be allowed to type tbh
do you think the halls would have given the go ahead for allardyce whislt in decussions to dispose of their holding ?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Optimistic Nut on Thursday 24 May 2007, 12:22:48 AM
So are you now suggesting the Hall's are involved in transfer activity too then? If so, then why does Shepherd get all the flak while they get off Scot free?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: madras on Thursday 24 May 2007, 12:25:13 AM
So are you now suggesting the Hall's are involved in transfer activity too then? If so, then why does Shepherd get all the flak while they get off Scot free?
shepherd would carry out the board decisions wouldn't he ?

all i am suggesting is that the deal was in process whilst allardyce was being courted.

just a suggestion.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Thursday 24 May 2007, 12:25:15 AM
so let me get this straight....

people think Ashley tipped off Allardyce that he was going to buy two board member's shares, Sam convinced Fred that he was the manager for NUFC, Fred hired him, and on the strength of Fred being hired as manager Ashley decided to wedge up £50m and go through a hostile takeover?

Some people are literally too f***ing stupid to be allowed to type tbh

Aye, because that's exactly what people are saying :lol:

As ever you spectacularly miss the point.

whatever the f***ing point is, you're basically saying Ashley decided to wedge up £50m because Allardyce was appointed, which is utter f***ing s****

unless you just think someone in the process of doing a multi-million pound deal just fancies telling people as a conversation piece, whether or not they tell the stock market or not

utter bollocks born out of feeble minds fed on X-files through their adolescence
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ChezGiven on Thursday 24 May 2007, 12:25:49 AM
From the Mail and as i said earlier....

Quote
But those close to the Ashley camp insisted last night that talks between the Halls and Ashley have been limited to the last 10 days and that Shepherd may not have been aware of the move yesterday which so weakened his position.

Ashley is said to be supremely confident that he can acquire more than 51 per cent of the club, marginalising Shepherd’s position to the point where he would be forced to sell.

"He wants to completely take over the business," an insider told Sportsmail.

"The plan is to buy out Freddy Shepherd in a matter of weeks. It is a very strong offer, 19 per cent above the premium.

"If Freddy accepts, then there are other shareholders who would have to accept as well. If we get there more quickly, he will then set out his aims and plans.


Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Robster on Thursday 24 May 2007, 12:26:25 AM
My eyes have gone weird having gone through those 27 pages.
The mood hasnt half changed since the first few pages.
Thankfully a bit of reality kicked in.
We can speculate for ever about what really happened. All we should be doing is be positive and look forward to the start of the season because it looks like big changes are ahead for us and surely thats what we have all been wanting
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: madras on Thursday 24 May 2007, 12:26:30 AM
so let me get this straight....

people think Ashley tipped off Allardyce that he was going to buy two board member's shares, Sam convinced Fred that he was the manager for NUFC, Fred hired him, and on the strength of Fred being hired as manager Ashley decided to wedge up £50m and go through a hostile takeover?

Some people are literally too f****** stupid to be allowed to type tbh

Aye, because that's exactly what people are saying :lol:

As ever you spectacularly miss the point.

whatever the f****** point is, you're basically saying Ashley decided to wedge up £50m because Allardyce was appointed, which is utter f****** s****

unless you just think someone in the process of doing a multi-million pound deal just fancies telling people as a conversation piece, whether or not they tell the stock market or not

utter bollocks born out of feeble minds fed on X-files through their adolescence
do you think this deal was under way before allardyce was appointed  ?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Thursday 24 May 2007, 12:27:54 AM
so let me get this straight....

people think Ashley tipped off Allardyce that he was going to buy two board member's shares, Sam convinced Fred that he was the manager for NUFC, Fred hired him, and on the strength of Fred being hired as manager Ashley decided to wedge up £50m and go through a hostile takeover?

Some people are literally too f****** stupid to be allowed to type tbh

Aye, because that's exactly what people are saying :lol:

As ever you spectacularly miss the point.

whatever the f****** point is, you're basically saying Ashley decided to wedge up £50m because Allardyce was appointed, which is utter f****** s****

unless you just think someone in the process of doing a multi-million pound deal just fancies telling people as a conversation piece, whether or not they tell the stock market or not

utter bollocks born out of feeble minds fed on X-files through their adolescence
do you think this deal was under way before allardyce was appointed  ?

how is that even relevant unless you think one hinged on the other?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: madras on Thursday 24 May 2007, 12:28:30 AM
From the Mail and as i said earlier....

Quote
But those close to the Ashley camp insisted last night that talks between the Halls and Ashley have been limited to the last 10 days and that Shepherd may not have been aware of the move yesterday which so weakened his position.

Ashley is said to be supremely confident that he can acquire more than 51 per cent of the club, marginalising Shepherd’s position to the point where he would be forced to sell.

"He wants to completely take over the business," an insider told Sportsmail.

"The plan is to buy out Freddy Shepherd in a matter of weeks. It is a very strong offer, 19 per cent above the premium.

"If Freddy accepts, then there are other shareholders who would have to accept as well. If we get there more quickly, he will then set out his aims and plans.



thank you,that answers my questions
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Mr Logic on Thursday 24 May 2007, 01:23:25 AM
Conspiracy theories... let's see... Shepherd genuinely wanted Allardyce but Sam might not have wanted to work for the fat controller.

Meantime Ashley meets with the Halls and hatch a plan.  Allardyce informed there will be a takeover and if he resigns now Shepherd will appoint him but not to worry, Shepherd will be out the door.

Allardyce resigns.. you know the rest.

Shepherd wincing with a cracked rib my arse, he knew the score himself by then and every time he saw big Sam smile he winced. ;p
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Dogmatix on Thursday 24 May 2007, 01:40:30 AM
From the Mail and as i said earlier....

Quote
But those close to the Ashley camp insisted last night that talks between the Halls and Ashley have been limited to the last 10 days and that Shepherd may not have been aware of the move yesterday which so weakened his position.

Ashley is said to be supremely confident that he can acquire more than 51 per cent of the club, marginalising Shepherd’s position to the point where he would be forced to sell.

"He wants to completely take over the business," an insider told Sportsmail.

"The plan is to buy out Freddy Shepherd in a matter of weeks. It is a very strong offer, 19 per cent above the premium.

"If Freddy accepts, then there are other shareholders who would have to accept as well. If we get there more quickly, he will then set out his aims and plans.


I just hope that it's not the same 'insider' that feeds anal all that bullsh*t


Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Thursday 24 May 2007, 02:06:09 AM
Loads of stuff about this in the Sun today. Some of it very interesting...

http://www.thesun.co.uk/article/0,,2002390000-2007230774,00.html

Quote
FREDDY SHEPHERD is heading for the exit door at Newcastle — with a £30million jackpot.

Billionaire businessman Mike Ashley last night bought out Sir John Hall’s shares in the club and launched a takeover bid.

Ashley, rated the 25th-richest man in England, paid former chairman Hall £55m for his 41.6 per cent stake and will now step up his bid to buy out Shepherd and take full control.

Shepherd, who owns 28 per cent, has been offered 100p a share — along with the rest of the shareholders.

That would make him a healthy £30m profit if he accepts. Since 2004, the average price of Newcastle shares bought by the Shepherd family has been just 44p.

Talks are continuing between Shepherd and Ashley, who firmly believes he can get control of the club.

Sources believe the deal is almost done and that the Hertfordshire-based entrepreneur will take full control sooner rather than later.

New manager Sam Allardyce, whose position is not under threat, can look forward to dipping into a transfer war chest of around £40m.

Ashley said: “I am delighted to have this opportunity to invest in Newcastle United. The club has a fantastic infrastructure, for which Sir John and the board must take much of the credit.

“I am pleased that Sir John has agreed to remain as life president of the club. Newcastle United has a wonderful heritage and the passion of its fans is legendary.

"I am sure that, like me, they are already excited about the prospects for next season under the new manager’s stewardship.”

...

PREPARE for fireworks when new Toon supremo Mike Ashley meets his Wigan counterpart in the Premiership next season.

Ashley, who made his £2billion fortune from the Sports World chain, is despised by Latics chairman Dave Whelan — founder of rival company JJB Sports.

JJB was fined £6.7m in 2003 after being found guilty of being in a cartel which fixed the price of replica football tops.

Ashley was the man who blew the whistle after Whelan told him: “There’s a club in the north, son, and you’re not part of it.”

The twice-married father-of-three, 42, is one of Britain’s most reclusive businessmen.

He does not support a club but is a huge England fan and follows them home and away.

But there is a darker side to Ashley. Sports World staff owed bonuses for nearly a year were only paid after The Sun highlighted the situation.

And unions claim Sports World paid some employees less than the minimum wage and failed to give proper training for skilled jobs, such as driving fork-lift trucks.


http://www.thesun.co.uk/article/0,,2002390000-2007230795,00.html

Quote
BILLIONAIRE businessman Mike Ashley was moving closer to a St James’ Park takeover last night.

It means Newcastle chairman Freddy Shepherd and Sir John Hall are celebrating a cash boom on the Toon.

Ashley has paid former chairman Hall £55million for his 41.6 per cent stake in the club.

New boss Sam Allardyce told SunSport: “I’m as shocked about this as the chairman. I didn’t know this was going to happen.

"I will be talking to the chairman to see what it all means and we’ll go from there.”

Ashley, rated the 25th-richest man in England, will now step up his bid to buy out Shepherd’s 28 per cent of the Geordies and take full control.

A deal would allow the current Magpies’ supremo to net a £30m profit.

Big Sam, who could get £40m to spend, added: “I don’t know anything about the person who is hoping to take over.

"But he must want good things for Newcastle if he’s spending such an amount on the club.”

City sources reckon the takeover is virtually done and dusted.

Ashley, 43, who is worth around £1.9billion, said: “I am delighted to have this opportunity to invest in Newcastle United.”
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Thursday 24 May 2007, 02:15:15 AM
Some positive comments in the Independent too...

http://sport.independent.co.uk/football/premiership/article2578422.ece

Quote
One of Britain's wealthiest and most secretive businessmen yesterday launched a surprise £133.1m takeover bid for Newcastle United after announcing he had already bought a 41.6 per cent stake in the club for £55.3m.

Billionaire Mike Ashley, who in February floated his Sports Direct retail business, said his bid vehicle, St James Holdings Ltd (SJHL), had bought 55.3 million shares from the club's biggest shareholder and life president Sir John Hall at 100p each.

The 42-year-old self-made man was ranked at No 25 in the 2007 Sunday Times Rich List, with an estimated fortune of £1.9bn. He controls a growing empire via his Sports World International group, which includes the Sports World and Lillywhites retail chains.

Yet the owner-in-waiting at St James' Park opts for tracksuit bottoms and T-shirt over suit and tie, never gives interviews, and avoids being photographed. Even his closest advisors are unsure of his plans for the club should his buy-out succeed and he has been described by Philip Beresford, who compiles the Rich List, as "easily Britain's answer to the late Howard Hughes".

Newcastle supporters will not necessarily be persuaded that Ashley is the " avid football fan" that one source suggested last night. "He follows England, certainly," the source said, but added that he had "no affinity to any one team". The source said "this would obviously change if the takeover goes ahead".

However, any concerns about Ashley's ability to spend heavily at Newcastle if he chooses to do so can be put aside. He has never been known to borrow to build any of his companies and he paid the Hall family in cash. Indeed, half of his fortune is in cash, including the £929m he pocketed when Sports Direct floated. There is no prospect that a takeover would be leveraged against club assets, like the buy-outs at Manchester United and Liverpool.

Ashley is therefore well placed to fund major moves in the transfer market and finally be the man to awaken Tyneside's sleeping giant.

Stock Exchange rules mean that SJHL now has to make a cash offer for the remaining shares, around 29.8 per cent of which belong to Newcastle's chairman, Freddy Shepherd. A formal offer document will be posted to shareholders in the next few weeks and shareholders will have a set time to accept or reject Ashley's 100p per share.

If things run smoothly, Ashley should take full control before the Premiership season starts in August, but Shepherd's stance will make or break the deal. Shepherd has shown little inclination to sell up so far, and resisted takeover approaches from the Jersey-based Belgravia Group and the St James' Park Group.

As late as last week, Shepherd, who has claimed in the past he would not stand in the way of a "Geordie Abramovich", said: "It is a plc matter, but none of these talks came to anything because I am not selling." However, the grounds for his past assertion that, "if the Halls don't sell and I don't sell, there is no way anybody can buy this club" have now shifted. With Newcastle having debts of around £80m, Ashley's offer will be given careful consideration.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Pip on Thursday 24 May 2007, 02:37:43 AM
You know what I hope though, even if he is looking to asset-strip and all, he could wipe out all existing debt (£80m or whatever). This would, in the long term, be massively important (if he's looking to asset-strip and leave soon).

However, from reading those articles, you do get a warmer feeling about the whole situation. £40m?!?!?! GET IN! :lol:

Let's hope it's true, and let's hope he's in it for the long haul.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: PM on Thursday 24 May 2007, 02:47:08 AM
Some people are literally too f***ing stupid to be allowed to type tbh

I agree.  Unplug your keyboard.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: CaliMag on Thursday 24 May 2007, 02:54:39 AM
Its been 16 hours of me knowing this now and I am still processing it all.

The most infuriating thing about this is that we will know virtually nothing for... well ... a while.

I am thinking Ashley is in his 40s and NUFC is his midlife crisis. Let's hope we can reap some of the rewards with him spending huge amounts of money.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: CaliMag on Thursday 24 May 2007, 02:55:23 AM
I doubt Sam Allardyce would know what to do with 40m pound.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Leazes1986 on Thursday 24 May 2007, 02:56:47 AM
It would be even nicer if he give Big Sam a good amount of money over the next few years and brought us success, without having to pay ridiculous amounts of money for players.  blueyes.gif
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Leazes1986 on Thursday 24 May 2007, 03:05:58 AM
You know what I hope though, even if he is looking to asset-strip and all, he could wipe out all existing debt (£80m or whatever). This would, in the long term, be massively important (if he's looking to asset-strip and leave soon).

However, from reading those articles, you do get a warmer feeling about the whole situation. £40m?!?!?! GET IN! :lol:

Let's hope it's true, and let's hope he's in it for the long haul.

I'd rather we had more than 40 mill to spend...say 80!!

Jesus  :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Mayor Steve on Thursday 24 May 2007, 03:34:27 AM
This is the best news about the club that I've heard in a long time. I sense good things for next season. Top 4 here we come.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NUFC06 on Thursday 24 May 2007, 03:35:15 AM
I doubt it that he will give 80m to Big Sam right away.But who knows...
I wouldnt mind at all ;D
But realistically 40m is good amount of money to spend and i hope that Big Sam will spend him wisely.
What do people think about Allardyce opinion about all this?
He said he is in shock like the chairman because they didnt expect anything like this to happen.
He is probably scared about his future because if the new owner arrives he might have different plans about things and that includes new manager(unlikely to happen but stil...)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Jaehyun on Thursday 24 May 2007, 03:46:38 AM
 The most positive close-season ever.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Moe-Ali on Thursday 24 May 2007, 04:01:59 AM
This is the best news to come out of the club in a while.
Mr.Ashley seems like a cool guy, not in the eye of the public all that much, i like that.
And can we please stop fighting, this is something we should all be over the moon about.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: toontownman on Thursday 24 May 2007, 04:39:04 AM
40 frickin million, thats alot to spend.

The possibilities are endless for what big sam could do with that.  At least you would hope we could get a decent squad together with no gaps for next season.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Hodgson09 on Thursday 24 May 2007, 04:53:11 AM
Does this mean Anal can be forgotten about now as he won't be regarded too highly by Ashley because he has no care to be Anal's little media whore. This could turn out to be the best year ever, new manager, new owner, a completely clean slate.

Who knows what he has planned for us however to make money in football you need to be the best but you cannot overspend to create debt, the brand will likely be expanded into America, and Asia, which makes keeping Owen a priority to the new owner as Owen shirts sell in Asia. It will be an interesting year lets hope that we build something sustainable unlike Chelsea.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: SLK on Thursday 24 May 2007, 05:19:27 AM
Allardyce won't be moved on FFS, in fact I bet he knew all about this.
And probably bought some NUFC shares already for such a day :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: CaliMag on Thursday 24 May 2007, 05:21:49 AM
Allardyce won't be moved on FFS, in fact I bet he knew all about this.
And probably bought some NUFC shares already for such a day :lol:
Steady on.  :nono:

 :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Jaehyun on Thursday 24 May 2007, 06:24:04 AM
 Allardyce came here for a more 'level playing-field' with the big boys...streuth! Now it IS a level playing field.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: manorpark on Thursday 24 May 2007, 06:51:54 AM
A genuine ENGLISH billionaire, the 25th richest person in the country, buying an already very rich club . . . . a marriage made in HEAVEN.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Lemmy on Thursday 24 May 2007, 07:19:31 AM
Move aside Freddy here we go!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Montey on Thursday 24 May 2007, 07:22:24 AM
Taxi for Freddy!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ChezGiven on Thursday 24 May 2007, 07:31:08 AM
Some positive comments in the Independent too...

http://sport.independent.co.uk/football/premiership/article2578422.ece

Quote
One of Britain's wealthiest and most secretive businessmen yesterday launched a surprise £133.1m takeover bid for Newcastle United after announcing he had already bought a 41.6 per cent stake in the club for £55.3m.

Billionaire Mike Ashley, who in February floated his Sports Direct retail business, said his bid vehicle, St James Holdings Ltd (SJHL), had bought 55.3 million shares from the club's biggest shareholder and life president Sir John Hall at 100p each.

The 42-year-old self-made man was ranked at No 25 in the 2007 Sunday Times Rich List, with an estimated fortune of £1.9bn. He controls a growing empire via his Sports World International group, which includes the Sports World and Lillywhites retail chains.

Yet the owner-in-waiting at St James' Park opts for tracksuit bottoms and T-shirt over suit and tie, never gives interviews, and avoids being photographed. Even his closest advisors are unsure of his plans for the club should his buy-out succeed and he has been described by Philip Beresford, who compiles the Rich List, as "easily Britain's answer to the late Howard Hughes".

Newcastle supporters will not necessarily be persuaded that Ashley is the " avid football fan" that one source suggested last night. "He follows England, certainly," the source said, but added that he had "no affinity to any one team". The source said "this would obviously change if the takeover goes ahead".

However, any concerns about Ashley's ability to spend heavily at Newcastle if he chooses to do so can be put aside. He has never been known to borrow to build any of his companies and he paid the Hall family in cash. Indeed, half of his fortune is in cash, including the £929m he pocketed when Sports Direct floated. There is no prospect that a takeover would be leveraged against club assets, like the buy-outs at Manchester United and Liverpool.

Ashley is therefore well placed to fund major moves in the transfer market and finally be the man to awaken Tyneside's sleeping giant.

Stock Exchange rules mean that SJHL now has to make a cash offer for the remaining shares, around 29.8 per cent of which belong to Newcastle's chairman, Freddy Shepherd. A formal offer document will be posted to shareholders in the next few weeks and shareholders will have a set time to accept or reject Ashley's 100p per share.

If things run smoothly, Ashley should take full control before the Premiership season starts in August, but Shepherd's stance will make or break the deal. Shepherd has shown little inclination to sell up so far, and resisted takeover approaches from the Jersey-based Belgravia Group and the St James' Park Group.

As late as last week, Shepherd, who has claimed in the past he would not stand in the way of a "Geordie Abramovich", said: "It is a plc matter, but none of these talks came to anything because I am not selling." However, the grounds for his past assertion that, "if the Halls don't sell and I don't sell, there is no way anybody can buy this club" have now shifted. With Newcastle having debts of around £80m, Ashley's offer will be given careful consideration.

Thats very good news, especially the bits highlighted. Feel a bit more relaxed. Shame Allardyce was 'shocked', would have been much better if he had known about it.  :D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Lagerstedt on Thursday 24 May 2007, 07:36:29 AM
Since Freddy's such a business man, I'm quite certain he'll sell but I don't expect any action until August 31st
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Cronky on Thursday 24 May 2007, 07:37:46 AM
It doesn't sound to me like Freddie or Sam knew anything about this. It's taken the media by surprise, so it seems very possible that nothing leaked to Shepherd either. I doubt whether the Halls would have let Big Sam in on the secret while he was negotiating with Shepherd. That would have been quite a risk.

The difference with the Villa situation was that Lerner's interest in buying out Doug Ellis was in the public domain beforehand.

Basically, it sounds like Sir John Hall despaired of getting a gentlemanly joint agreement going with Freddie, and decided to co-operate with a hostile takeover.

Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Lemmy on Thursday 24 May 2007, 07:39:12 AM
Since Freddy's such a business man, I'm quite certain he'll sell but I don't expect any action until August 31st
Yes true to form he will wait until the the last day of the transfer window before he makes a decision.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: teepee on Thursday 24 May 2007, 07:45:04 AM
imagine the public wrath against sheperd if he stands in the way of this :D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Thursday 24 May 2007, 07:48:35 AM
Well atleast Freddy was  in the right place when he heard about the takeover bid, he was in hospital with pneumonia...
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Ridzuan on Thursday 24 May 2007, 07:48:46 AM
Heard today that Big Sam is shocked to hear this news,but honestly,I think he is happy because if the deal indeed goes through,he will have more cash to spend.I dont think his position will be under threat whatsoever if it goes through because that would be mad.Like the article said,I hope a deal could happen sooner rather than later/
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: gggg on Thursday 24 May 2007, 07:52:33 AM
imagine the public wrath against sheperd if he stands in the way of this :D

He can't do anything if Ashley gets more than 50%.  :)

Scratch that then.  :D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Jaehyun on Thursday 24 May 2007, 07:54:15 AM
Quote
Newcastle United chairman Freddy Shepherd has warned billionaire businessman Mike Ashley he will have to splash “a whole lot more” cash if he is to complete his takeover of the club.

Ashley yesterday bought 41.6% of the club’s shares from Sir John Hall and family and has offered the same price of 100p per share to Shepherd – who owns 29.8% – and the rest of the Magpies’ shareholders.

Shepherd last week claimed that the St James’ Park outfit was “impossible” to sell, but now that the Hall has found a willing buyer, he will find his resolve to stay at the club tested to the limit.

But Shepherd does not look likely to relinquish his stake quietly.

He said: “There is nothing Mike Ashley can do with this club unless he gets a 75% stake.

“He can’t take full control, he can’t change resolutions or the club’s articles of association.


“He has spent £50m but he will have to spend a whole lot more, as he must now make an offer not just for my shares but the shares held by all the other shareholders.”
http://www.thepost.ie/breakingnews/breaking_story.asp?j=220249408&p=zzxz5xyy4&n=220250168
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ChezGiven on Thursday 24 May 2007, 07:56:47 AM
Quote
Newcastle United chairman Freddy Shepherd has warned billionaire businessman Mike Ashley he will have to splash “a whole lot more” cash if he is to complete his takeover of the club.

Ashley yesterday bought 41.6% of the club’s shares from Sir John Hall and family and has offered the same price of 100p per share to Shepherd – who owns 29.8% – and the rest of the Magpies’ shareholders.

Shepherd last week claimed that the St James’ Park outfit was “impossible” to sell, but now that the Hall has found a willing buyer, he will find his resolve to stay at the club tested to the limit.

But Shepherd does not look likely to relinquish his stake quietly.

He said: “There is nothing Mike Ashley can do with this club unless he gets a 75% stake.

“He can’t take full control, he can’t change resolutions or the club’s articles of association.


“He has spent £50m but he will have to spend a whole lot more, as he must now make an offer not just for my shares but the shares held by all the other shareholders.”
http://www.thepost.ie/breakingnews/breaking_story.asp?j=220249408&p=zzxz5xyy4&n=220250168

Most pertinent quotes of the day. Vic was right about the article of association meaning a 75% stake is required for full control at NUFC, not the 50.01% that people were saying yesterday.

He can get 71%, so Shepherd still needs to agree to sell some or all of his shares.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: killers_perm on Thursday 24 May 2007, 08:12:53 AM
Having tried to read all 29 pages before leaving for work I have 1 question which I don't think has been asked (apologies if I have missed it)

I have some toon shares (not as many as Mr A now has but at least 10,000 which I bought at 46p) will I automatically be offered money for them or does a hostile takeover mean Mr A can just send a cheque and buy them off me ??
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Scribble on Thursday 24 May 2007, 08:25:14 AM
Will all this board room wrangling affect sam's transfer goals?

Will he be unable to land his targets until the takeover is completed?

Hope this gets sorted out as it could hold us back momentarily if he has to wait on shep deciding to sell.

Sorry to bring a gloomy thought to an otherwise happy event. :)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Mr Logic on Thursday 24 May 2007, 08:26:18 AM
One aspect that has the potential for concern is the wage/turnover ratio, I thought it would improve with Allardyce in control. This may change that if a top three finish is chased too hard too quick.

However Ashley is known to be thorough and with a winning mentality. So perhaps it [wage/turnover ratio] does improve after all with a more settled curve just aiming for Europe.

Ah bollocks, I'm packing in the speculation and will check back next month, nerves can't stand this.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Keefaz on Thursday 24 May 2007, 08:37:05 AM
The way I see it, Fat Fred will not turn down £30m quid, you greedy t***. So, I think the deal is as good as done. Is anyone else worried that if Ashley stumps up a lot of dough in the summer Big Sam won't know what to do with it? I don't think I could bear to see yet more overpriced s*** being paid to stroll around the pitch.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Belfast Boy on Thursday 24 May 2007, 08:41:13 AM
If we are talking wild conspiracy theories, has anyone questioned just how Freddy broke his rib? Perhaps he wasn't keen on appointing Sam and took some 'persuading'.
:)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ToonTastic on Thursday 24 May 2007, 08:41:19 AM
"The club has won jack all in 50 odd years" says ToonTastic - another one of these amazing idiots with their references to this mythical 50 year thing.

IT IS  38  YEARS FF SAKE . . . . . IT IS  38  YEARS FF SAKE

Remember that . . .

IT IS  38  YEARS

 

52 years since we won the FA Cup that's why, we won a competion that doesn't exist any more 38 years back.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Slugsy on Thursday 24 May 2007, 08:42:52 AM
I would be surprised if Freddie will get a better premium than what Ashely is offering. 
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: BlueStar on Thursday 24 May 2007, 08:58:17 AM
Quote
He has never been known to borrow to build any of his companies and he paid the Hall family in cash.

He paid £55.3 million in cash?  My bank only lets me take £200 out at once...
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: James on Thursday 24 May 2007, 09:00:24 AM
Having tried to read all 29 pages before leaving for work I have 1 question which I don't think has been asked (apologies if I have missed it)

I have some toon shares (not as many as Mr A now has but at least 10,000 which I bought at 46p) will I automatically be offered money for them or does a hostile takeover mean Mr A can just send a cheque and buy them off me ??

Ashley must bid for everyone's shares, but is upto the board as to whether  to reccommend the bid.

You stand to receive £10,000 in cash though from this takeover - well done.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Montey on Thursday 24 May 2007, 09:01:41 AM
I think the 75% target is to do with being able to take the club off the stock exchange.  In other words Freddy is twisting the meaning of words to imply that unless Ashley gets 75% he has no say on what goes on, but he's actually saying he doesn't get to de-list the PLC unless he gets 75% (or something close to that).

50.1% is enough for Ashley to control the club, as he would be the majority share holder and able to carry any shareholder vote.  Certainly day-to-day business is the province of the board, and each board member only has one vote no matter how many shares he/she represents.  However, I thought any board member could call an AGM or EGM to put a vote to the shareholders, at which point 1 share = 1 vote and hence 50.1% ownership carries the decision.

To me this is just Freddy crafting his words to naively think he can make Ashley pay more for Freddy's shares.  If Freddy doesn't sell within the next few weeks, Ashley will just concentrate on getting the 50.1% he needs, will call an EGM to vote on directors fees and dividends and will carry the vote such that Freddy looses his income.  Ashley is far, far, far shrewder and smarter than Shepherd and will eat Freddy for desert!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: jackyboy on Thursday 24 May 2007, 09:06:45 AM
If FF loved the club as much as he says he does then he should sell up and stand aside, 'In the best interests of NUFC'

A bit less of the big I am and 'Mike Ashley can't do anything with this cub' etc etc  Fred is now being exposed for what he really is, a money grabbing b******
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Montey on Thursday 24 May 2007, 09:08:06 AM
Having tried to read all 29 pages before leaving for work I have 1 question which I don't think has been asked (apologies if I have missed it)

I have some toon shares (not as many as Mr A now has but at least 10,000 which I bought at 46p) will I automatically be offered money for them or does a hostile takeover mean Mr A can just send a cheque and buy them off me ??

Ashley must bid for everyone's shares, but is upto the board as to whether  to reccommend the bid.

You stand to receive £10,000 in cash though from this takeover - well done.

Sorry for the double post.

My understanding of UK laws is that at this stage you will receive an offer that is at least a 20% premium over the last trade price as at the acquisition time.  You are not compelled to take the offer and can not be forced by Ashley in any way at this stage.

At the 70% or 75% acquisition mark Ashley would have the right to de-list the PLC from the exchange.  This still does not compel you to sell and he still has no rights over your shares.

Only at 90% acquisition can Ashley trigger a forced acquisition.  At this time you can be forced to sell your shares at some legislated premium.  Note, however, that at this point Ashley will not be offering some super deal, because you have no choice but to sell he will offer you the minimum he can get away with according to exchange rules.

I'll start this paragraph by saying I am not a financial advisor, nor an accountant, and you should seek independent financial advice.  Personally, if I owned 10,000 shares in NUFC PLC, I'd hold on to them until he's nearing his 70% target at which point he will likely be making his best offer.  Note however, if Freddy does sell before you do he will likely have the 90% he requires and you will miss the boat for the best offer on the table.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Thursday 24 May 2007, 09:08:35 AM
I knew the fat fker would not go without a fight, he will drag this out and be as big of an arsehole as he can be for as long as he can.
I have a funny feeling this is going to get very messy indeed, we will end up with no trafer fund with both Ashley and Shepherd refuseing to put more money up until they sort everything out one way or the other.


Journal articles today...

Quote
http://icnewcastle.icnetwork.co.uk/newcastleunited/journalsport/tm_headline=sam%2Ds-still-the-man-for-united%26method=full%26objectid=19183011%26siteid=50081-name_page.html
Sam's still the man for United
May 24 2007
By Paul Gilder, The Journal

Quote
http://icnewcastle.icnetwork.co.uk/newcastleunited/journalsport/tm_headline=billionaire%2Ds-%2Dpound%2D133m-bid%26method=full%26objectid=19182749%26siteid=50081-name_page.html
Billionaire's £133m bid
May 24 2007
By Chloe Griffiths, The Journal

Quote
http://icnewcastle.icnetwork.co.uk/newcastleunited/journalsport/tm_headline=quiet-man-gives-magpies-hope%26method=full%26objectid=19183188%26siteid=50081-name_page.html
Quiet man gives Magpies hope
May 24 2007
By Paul Gilder, The Journal

Quote
http://icnewcastle.icnetwork.co.uk/newcastleunited/journalsport/tm_headline=past-stars-back-brighter-future%26method=full%26objectid=19183269%26siteid=50081-name_page.html
Past stars back brighter future
May 24 2007
By Stuart Rayner, The Journal
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: graemeh72 on Thursday 24 May 2007, 09:17:06 AM
What make me chuckle about this buying of shares - is taht Anal Oliver knew f***ing nowt about it ...

and was on holiday .... hence we wern't able to get his "insight and analysis"

Ha!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: BlueStar on Thursday 24 May 2007, 09:19:16 AM
Does this mean every time the mackems bought one of their Lonsdale kits they were funding a take over of Newcastle by a mental billionaire?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: DavB93 on Thursday 24 May 2007, 09:20:42 AM
If FF loved the club as much as he says he does then he should sell up and stand aside, 'In the best interests of NUFC'

A bit less of the big I am and 'Mike Ashley can't do anything with this cub' etc etc  Fred is now being exposed for what he really is, a money grabbing b******

Got to agree with you, if FF loves the club like he says he does then he should sell up sooner rather than later. No transfers will be carried out until this is sorted.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Jaehyun on Thursday 24 May 2007, 09:23:33 AM
Does this mean every time the mackems bought one of their Lonsdale kits they were funding a take over of Newcastle by a mental billionaire?
bluelaugh.gif
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: DavB93 on Thursday 24 May 2007, 09:24:36 AM
Does this mean every time the mackems bought one of their Lonsdale kits they were funding a take over of Newcastle by a mental billionaire?

 mackems.gif
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Thursday 24 May 2007, 09:45:03 AM
Here's our summer transfer funds meeting..

Fred "no I'm not making funds availible for transfers now, ask Mr money bags to pay up, he wants the club he can pay out for players"

Mike " I am not spending anymore money until I have complete control of the club, then I will give tranfer money, so its up to you Fred put up or sell up"
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: DavB93 on Thursday 24 May 2007, 09:53:01 AM
Here's our summer transfer funds meeting..

Fred "no I'm not making funds availible for transfers now, ask Mr money bags to pay up, he wants the club he can pay out for players"

Mike " I am not spending anymore money until I have complete control of the club, then I will give tranfer money, so its up to you Fred put up or sell up"

Worryingly think your right Skirge?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Gemmill on Thursday 24 May 2007, 09:58:21 AM
They should sumo for it.  Go for the ribs, Ashley!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: BlueStar on Thursday 24 May 2007, 10:01:37 AM
They should sumo for it.  Go for the ribs, Ashley!

Fred "I'll go for the ribs as well.  Chinese style, ta.  Now, lets see, for the main course..."
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Thursday 24 May 2007, 10:01:49 AM
They should sumo for it.  Go for the ribs, Ashley!
Now that I would pay to watch!! as long as we can throw rotten fruit and veg at them.. :D

Who knows, they may become friends it does appaer both seem to have a love of pies..
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Guinness on Thursday 24 May 2007, 10:05:18 AM
Here's our summer transfer funds meeting..

Fred "no I'm not making funds availible for transfers now, ask Mr money bags to pay up, he wants the club he can pay out for players"

Mike " I am not spending anymore money until I have complete control of the club, then I will give tranfer money, so its up to you Fred put up or sell up"

Pretty much my concerns regarding the takeover.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: madras on Thursday 24 May 2007, 10:09:51 AM
shepherds position will be untenable if he tries to fight on.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Thursday 24 May 2007, 10:12:18 AM
I suspect he'll take the money and run - in return for a statue of himself outside teh ground

at 100p a share the institutions will bail out - they know no-one elsse will come in when Ashley can block a total takeover.........



Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Gemmill on Thursday 24 May 2007, 10:13:36 AM
I suspect he'll take the money and run - in return for a statue of himself outside teh ground


Mount Everest silently s***s itself.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: LoveItIfWeBeatU on Thursday 24 May 2007, 10:14:26 AM
Does all this put an end to oppositon fans saying Newcastle United will end up like Leeds United?  ;D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Thursday 24 May 2007, 10:16:50 AM
Sommat like Kim Il Sung maybe..................
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Thursday 24 May 2007, 10:17:24 AM
Or it be okay "yes okay I will sell to you Mike, but I want to stay on as Chairman for the next 3 seasons"
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: alex on Thursday 24 May 2007, 10:18:34 AM
Sommat like Kim Il Sung maybe..................
Egg Fu Yung?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Thursday 24 May 2007, 10:20:10 AM
No problem!    Chairman For Life Fred!!!   I'll be Executive VP

then Mike A does to him what the Halls did to the McKeags - labeled a broom cupboard "Boardroom" and the real boardroom "Executive Meeting Room"


He's too fly to fall into that trap
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: BlueStar on Thursday 24 May 2007, 10:23:42 AM
Thing is, people who are vocal about Fred going can be a lot more specific and positive than just "We want Shepherd out".  Being able to sing "Michael Ashley" to the tune of the Michael Owen song would be far more effective because calls for Fred to go previously have been met with "Go where?  Even if I wanted to sell up whoever took over would still need Sir John Halls shares, it's not like there's a Geordie Abramovich waiting in the wings" etc etc
Title: [b]Shepherd: I won't cave in so easily[/b]
Post by: sharath on Thursday 24 May 2007, 10:25:01 AM
Newcastle chairman Freddy Shepherd has said that businessman Mike Ashley will have to spend a lot more money if he wants to complete his takeover at the club.

Ashley yesterday paid over £55 million for 41.6 per cent of Sir John Hall's shares and has offered the same £1 per share to Shepherd, who owns 29.8 per cent, and to the rest of the St James' Park shareholders.

Shepherd, though, does not appear willing to relinquish his shares quietly. He said: "There is nothing Mike Ashley can do with this club unless he gets a 75 per cent stake.

"He can't take full control, he can't change resolutions or the club's articles of association.

"He has spent £50m but he will have to spend a whole lot more, as he must now make an offer not just for my shares but the shares held by all the other shareholders."


 :clap: :clap:

well done freddy. Now give the english football some entertainment by stretching the takeover through out the season.   :razz:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: BlueStar on Thursday 24 May 2007, 10:26:54 AM
"He has spent £50m but he will have to spend a whole lot more, as he must now make an offer not just for my shares but the shares held by all the other shareholders."

He says this as if Ashley was unaware of that fact before spunking £50 million on the Halls shares.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Tooj on Thursday 24 May 2007, 10:27:44 AM
"He has spent £50m but he will have to spend a whole lot more, as he must now make an offer not just for my shares but the shares held by all the other shareholders."

He says this as if Ashley was unaware of that fact before spunking £50 million on the Halls shares.

:lol:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ToonTastic on Thursday 24 May 2007, 10:28:22 AM
He also says this as if he doesn't know if he owns 51% of the club (which is easy just buy shares of the likes of axa they will beg you to buy their shares for that much) he can basically sack FS, and run the day to day running of the club as the major share holder.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Geordie Gaz on Thursday 24 May 2007, 10:38:15 AM
First, our major shareholder hasn't sold his stake. Second, Ashley can identify whoever he wants, it was Shepherd who met with him and it was Shepherd who appointed him. He was Shepherd's appointment. It's conceivable that Allardyce may have been told about a potential takeover, but it's also conceivable that Shepherd told him--as he told us all last week (I think it was)--that the club wasn't for sale and there was to be no takeover.
As its already been said, if Freddy wanted to sell, would he broadcast it to the world? If so, would he really gain from that financially? Or would he be better off appearing stubborn?

Besides, I personally think this stems back to the board meeting on the day Roeder "quit". Roeder was possibly offered a bigger settlement if he quit as opposed to being pushed, because what would really be more valuable: A Newcastle United with a manager like Roeder, who really doesn't have many major achievements, or a Newcastle United with a manager many feel should have been in charge of the national team?

Bramble being released probably raised the value by a couple of percent aswell :razz:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Thursday 24 May 2007, 10:40:31 AM
Newcastle chairman Freddy Shepherd has said that businessman Mike Ashley will have to spend a lot more money if he wants to complete his takeover at the club.

Ashley yesterday paid over £55 million for 41.6 per cent of Sir John Hall's shares and has offered the same £1 per share to Shepherd, who owns 29.8 per cent, and to the rest of the St James' Park shareholders.

Shepherd, though, does not appear willing to relinquish his shares quietly. He said: "There is nothing Mike Ashley can do with this club unless he gets a 75 per cent stake.

"He can't take full control, he can't change resolutions or the club's articles of association.

"He has spent £50m but he will have to spend a whole lot more, as he must now make an offer not just for my shares but the shares held by all the other shareholders."


 :clap: :clap:

well done freddy. Now give the english football some entertainment by stretching the takeover through out the season.   :razz:

hoping he'll get a better offer - just wait until the request for an EGM lands on his desk......................
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: onetallpoppy on Thursday 24 May 2007, 10:41:31 AM
did he do it for business or pleasure?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Thursday 24 May 2007, 10:43:28 AM
If FFS starts playing silly buggers teh whole of Tyneside will turn on him and his minions as they did on the Mckeags - lets see how he likes being pilloried by a million people every time he pokes his jowls  above the parapet

and Mike A will have some serious legal help on side as well I bet
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: skhwoody on Thursday 24 May 2007, 10:43:48 AM
Newcastle chairman Freddy Shepherd has said that businessman Mike Ashley will have to spend a lot more money if he wants to complete his takeover at the club.

Ashley yesterday paid over £55 million for 41.6 per cent of Sir John Hall's shares and has offered the same £1 per share to Shepherd, who owns 29.8 per cent, and to the rest of the St James' Park shareholders.

Shepherd, though, does not appear willing to relinquish his shares quietly. He said: "There is nothing Mike Ashley can do with this club unless he gets a 75 per cent stake.

"He can't take full control, he can't change resolutions or the club's articles of association.

"He has spent £50m but he will have to spend a whole lot more, as he must now make an offer not just for my shares but the shares held by all the other shareholders."



All bluster designed to make sure he gets a bigger slice of the share pie when the offer comes in...
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Harry-Norway on Thursday 24 May 2007, 10:49:07 AM
 :clap: :clap: :clap: :clap:please mister sport,give FF what he wants for his share,and get us back on the track-i  have been waiting for something like this for years now. :smitten: :smitten: :smitten:

ASHLEY FOR TOON_FAT F..ER OUT :clap: :clap:

TOON4EVER
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Knightrider on Thursday 24 May 2007, 10:52:23 AM
He's a dead man walking in my opinion and he knows it. He's the little guy in all of this and will be dragged out kicking and screaming if that is what it takes. Move over fat man.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Slugsy on Thursday 24 May 2007, 10:52:47 AM
"He has spent £50m but he will have to spend a whole lot more, as he must now make an offer not just for my shares but the shares held by all the other shareholders."

He says this as if Ashley was unaware of that fact before spunking £50 million on the Halls shares.

 ;D  Exactly what I was thinking  - what a buffoon!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Tisd09 on Thursday 24 May 2007, 10:58:49 AM
I think resistance will be futile from Freddy, I think he'll put up a fight to start with and then realise he cannot win the battle. Money will talk in the end, and he will end up a far richer man than he is now.

In that little statement he hasn't said that he won't sell just that Ashley has to stump up more cash. Hopefully FF will not fight for long though!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Gemmill on Thursday 24 May 2007, 11:07:49 AM
I think resistance will be futile from Freddy

:lol:  "Resistance......is.......futiiiiiiile."
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Benwell Lad on Thursday 24 May 2007, 11:15:38 AM
Let's face it Freddie is not stupid. He know's his time is up and he knows that the price on the table now is a very good one.
He may feel obliged to put up a show of resistance and may even hope the offer is upped, but whatever his motive he knows he's history.
I find it difficult to believe the Halls sold without conferring with Freddie, but who knows maybe they did ?

One thing is certain, when these type of financial heavyweights start fighting over NUFC, it's obvious they believe that the club has excellent financial prospects.  Good news for us is it's unlikely the financial prospects would be good if they didn't believe the playing prospects were too.

Good times ahead lads.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: stozo on Thursday 24 May 2007, 11:24:50 AM
http://news.bbc.co.uk/1/hi/business/6686737.stm

Good article from the BBC. Basically says Ashley can't take full ownership unless Shepherd accepts his offer. 
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: BlueStar on Thursday 24 May 2007, 11:26:52 AM
I think resistance will be futile from Freddy

:lol:  "Resistance......is.......futiiiiiiile."

Fred will be assimilated...
(http://img405.imageshack.us/img405/7320/borgxh2.jpg)
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: BlueStar on Thursday 24 May 2007, 11:31:15 AM
http://news.bbc.co.uk/1/hi/business/6686737.stm

Good article from the BBC. Basically says Ashley can't take full ownership unless Shepherd accepts his offer. 

See on the mackem board they were saying
Quote
note this bloke owns Lonsdale, so guess the mags can kiss byebye to the adidas clobber!
So I found this rather interesting
Quote
His company Sports Direct is one of the UK's biggest sellers of football tops, and earlier this year Mr Ashley bought a 3% stake in Newcastle's kit-maker, German sportswear giant Adidas.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Benwell Lad on Thursday 24 May 2007, 11:40:33 AM
http://news.bbc.co.uk/1/hi/business/6686737.stm

Good article from the BBC. Basically says Ashley can't take full ownership unless Shepherd accepts his offer. 

See on the mackem board they were saying
Quote
note this bloke owns Lonsdale, so guess the mags can kiss byebye to the adidas clobber!
So I found this rather interesting
Quote
His company Sports Direct is one of the UK's biggest sellers of football tops, and earlier this year Mr Ashley bought a 3% stake in Newcastle's kit-maker, German sportswear giant Adidas.


This guy owns so many brands and has such diverse investments it's gonna be one helluva job for the mackems to organise their boycotts this time.
Sugar Puffs and Northern Rock we just so easy.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NUFCnutter on Thursday 24 May 2007, 11:40:38 AM
How do we not know that Mike Ashley has not been buying pockets of the shares before yesterday and doesn't already own close to 50+%? Just because it hasnt been announced doesnt mean it hasnt happened. I would be very surprised if he hasnt got the shares to take him over 50% more or less tied up already. Fat fred has not a hope of staying at Newcastle imo
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Thursday 24 May 2007, 11:41:20 AM
He's the little guy

Ashley really must be huge then.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: thomas on Thursday 24 May 2007, 11:41:30 AM
http://news.bbc.co.uk/1/hi/business/6686737.stm

Good article from the BBC. Basically says Ashley can't take full ownership unless Shepherd accepts his offer. 

See on the mackem board they were saying
Quote
note this bloke owns Lonsdale, so guess the mags can kiss byebye to the adidas clobber!
So I found this rather interesting
Quote
His company Sports Direct is one of the UK's biggest sellers of football tops, and earlier this year Mr Ashley bought a 3% stake in Newcastle's kit-maker, German sportswear giant Adidas.
canny.  Wins on all levels for him and greatly so if we actually do well. 
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: BlueStar on Thursday 24 May 2007, 11:41:51 AM
My parents have got 50 shares or something, I'll text them and ask them to mail them to Mike.  Every little helps  O0

Later on that mackem thread someone said he "only" had 3% of Adidas.  Can you imagine how much 3% of adidas must be worth  :o
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Thursday 24 May 2007, 11:41:55 AM
How do we not know that Mike Ashley has not been buying pockets of the shares before yesterday and doesn't already own close to 50+%? Just because it hasnt been announced doesnt mean it hasnt happened. I would be very surprised if he hasnt got the shares to take him over 50% more or less tied up already. Fat fred has not a hope of staying at Newcastle imo

once he gets over 3% he has to notify  the club - and he'd be bloody stupid to get into a dodgy "concert arrangement " with hsi mates
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Slugsy on Thursday 24 May 2007, 11:43:20 AM
How do we not know that Mike Ashley has not been buying pockets of the shares before yesterday and doesn't already own close to 50+%? Just because it hasnt been announced doesnt mean it hasnt happened. I would be very surprised if he hasnt got the shares to take him over 50% more or less tied up already. Fat fred has not a hope of staying at Newcastle imo

You have to disclose your shareholding if you have more than 3% so unless you have seen any announcements on the stock exchange, its safe to say he hadn't bought much more before yesterday.

That being said, there was nothing stopping him courting other shareholders and lining up the purchase of their shares now.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NUFCnutter on Thursday 24 May 2007, 11:46:24 AM
Exactly what I meant, we dont know that he hasnt spoken to the likes of NTL who own around 10% before yesterday. That would take him over the 50%, and if he already owned 2% before yesterday then he is in there.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Parky on Thursday 24 May 2007, 11:47:08 AM
He will take over the whole club otherwise it makes no sense for him. He must be confident he can otherwise he wouldn't have started.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Thursday 24 May 2007, 11:50:51 AM
eaststander psoted this on Toontastic:-

ervice contracts, notice periods and payments on early termination The Company's policy on the duration of Directors' contracts is as follows:
W F Shepherd and D S Hall have service contracts terminable on at least two years' notice by
the Company or the Director. In the event of a change in control of the Group or a shareholder acquiring more than 25% of the issued share capital of Newcastle United PLC and procuring the appointment of a Chairman or Chief Executive, both W F Shepherd and D S Hall's service contract become terminable on three months' notice by them and, on expiry of such notice, each is entitled
to receive a lump sum payment equivalent to 24 months' basic salary and benefits.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: shaun11177 on Thursday 24 May 2007, 11:55:47 AM
The 75% mark is relevant not so much to de-list but because you cannot go ahead with the new Stadium expansion without a 75% vote.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Thursday 24 May 2007, 11:56:14 AM
can't believe the shortsightedness of some people, pulling their testicles over whether this affects the summers transfers. FFS this is a massive deal and will affect NUFC for the next decade, get some f***ing perspective
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Thursday 24 May 2007, 11:57:45 AM
The 75% mark is relevant not so much to de-list but because you cannot go ahead with the new Stadium expansion without a 75% vote.

as I said about the articles of association - nobody knows what decisions require what majority in the board/agm/egm
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Syrette on Thursday 24 May 2007, 11:57:49 AM
can't believe the shortsightedness of some people, pulling their testicles over whether this affects the summers transfers. FFS this is a massive deal and will affect NUFC for the next decade, get some f***ing perspective

No-one is disputing that though, but it will affect our short-term future as well as our long term one, so why shouldn't people be interested and excited about having a vastly increased transfer budget this pre-season?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Thursday 24 May 2007, 11:58:02 AM
Fred is taking a risk if he doesn't accept the offer - Ashley HAS to offer the same price to everyone that he paid Sir John

but if FFS doesn't accept then the shares will stay on the stock market and , as they say, prices can go up or go down

Ashley can then make another offer later at whatever price he likes (say 50p a share)................................................. ..
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: East Stander on Thursday 24 May 2007, 11:58:43 AM
Exactly what I meant, we dont know that he hasnt spoken to the likes of NTL who own around 10% before yesterday. That would take him over the 50%, and if he already owned 2% before yesterday then he is in there.

NTL do not own the 10% now, they were exchanged in a deal with the club  a couple of years ago. The only other person with more than 3% BEFORE yesterday's news is the unknown Len Hatton who has 3.9%
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Thursday 24 May 2007, 11:59:12 AM
Anyone got a copy of the Articles of Association?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Parky on Thursday 24 May 2007, 11:59:18 AM
Exactly what I meant, we dont know that he hasnt spoken to the likes of NTL who own around 10% before yesterday. That would take him over the 50%, and if he already owned 2% before yesterday then he is in there.

NTL do not own the 10% now, they were exchanged in a deal with the club  a couple of years ago. The only other person with more than 3% BEFORE yesterday's news is the unknown Len Hatton who has 3.9%
Fred is taking a risk if he doesn't accept the offer - Ashley HAS to offer the same price to everyone that he paid Sir John

but if FFS doesn't accept then the shares will stay on the stock market and , as they say, prices can go up or go down

Ashley can then make another offer later at whatever price he likes (say 50p a share)................................................. ..


FS will take it.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Thursday 24 May 2007, 11:59:46 AM
can't believe the shortsightedness of some people, pulling their testicles over whether this affects the summers transfers. FFS this is a massive deal and will affect NUFC for the next decade, get some f***ing perspective

No-one is disputing that though, but it will affect our short-term future as well as our long term one, so why shouldn't people be interested and excited about having a vastly increased transfer budget this pre-season?

i'm talking about the dicks wetting themselves that we might have to wait a few months before we can spend £40m. ludicrous tbh
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Slugsy on Thursday 24 May 2007, 12:00:02 PM
eaststander psoted this on Toontastic:-

ervice contracts, notice periods and payments on early termination The Company's policy on the duration of Directors' contracts is as follows:
W F Shepherd and D S Hall have service contracts terminable on at least two years' notice by
the Company or the Director. In the event of a change in control of the Group or a shareholder acquiring more than 25% of the issued share capital of Newcastle United PLC and procuring the appointment of a Chairman or Chief Executive, both W F Shepherd and D S Hall's service contract become terminable on three months' notice by them and, on expiry of such notice, each is entitled
to receive a lump sum payment equivalent to 24 months' basic salary and benefits.


Quite standard, I would be very surprised if Ashley hasn't already done some due diligence and knows about these costs already.  I've seen these type of contracts be a deal breaker where the acquisition is dependent on 3rd party funding and the Directors contracts stretch the funding but in Ashley's case I don't think that will be a problem.

Only thing is, typical Freddie, I'm sure under Corporate Governance they recommend a 12 month service contract (could be wrong, not an auditor) but old Fred has double - $$$$$
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: alex on Thursday 24 May 2007, 12:01:26 PM
You could always quote and directly address the posts you mean like Steve.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Thursday 24 May 2007, 12:01:33 PM
Fred is taking a risk if he doesn't accept the offer - Ashley HAS to offer the same price to everyone that he paid Sir John

but if FFS doesn't accept then the shares will stay on the stock market and , as they say, prices can go up or go down

Ashley can then make another offer later at whatever price he likes (say 50p a share)................................................. ..


that's daft, if FF doesn't accept now there's nothing to force him to accept a lower offer. He has the shares, he can sit on his arse with them, even if divis are suspended the going rate for his shares will be the same as any others
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Thursday 24 May 2007, 12:01:38 PM
the articles can't be be too odd as  its a plc and the FSA and LSE would have pulled them up if if it said "Fred for Life" or similar

and someone would have leaked it by now...................
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: East Stander on Thursday 24 May 2007, 12:01:45 PM
Anyone got a copy of the Articles of Association?

I'm busy reading through all the stuff received since the club floated but it don't half make your head hurt with all the jargon!!
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Slugsy on Thursday 24 May 2007, 12:02:45 PM
Anyone got a copy of the Articles of Association?

Yep
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Knightrider on Thursday 24 May 2007, 12:03:23 PM
can't believe the shortsightedness of some people, pulling their testicles over whether this affects the summers transfers. FFS this is a massive deal and will affect NUFC for the next decade, get some f***ing perspective

No-one is disputing that though, but it will affect our short-term future as well as our long term one, so why shouldn't people be interested and excited about having a vastly increased transfer budget this pre-season?

i'm talking about the dicks wetting themselves that we might have to wait a few months before we can spend £40m. ludicrous tbh

Like who? :lol:

Once again...
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Thursday 24 May 2007, 12:03:49 PM
the articles can't be be too odd as  its a plc and the FSA and LSE would have pulled them up if if it said "Fred for Life" or similar

and someone would have leaked it by now...................


basically fred and john wrote it themselves, it could have references to unicorns in it and it would still be legit
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Thursday 24 May 2007, 12:03:55 PM
Fred is taking a risk if he doesn't accept the offer - Ashley HAS to offer the same price to everyone that he paid Sir John

but if FFS doesn't accept then the shares will stay on the stock market and , as they say, prices can go up or go down

Ashley can then make another offer later at whatever price he likes (say 50p a share)................................................. ..


that's daft, if FF doesn't accept now there's nothing to force him to accept a lower offer. He has the shares, he can sit on his arse with them, even if divis are suspended the going rate for his shares will be the same as any others

no but the value may change - especially if he plays silly buggers and the  club drifts into a war between him and Ashley

no-one else will come in to save him with ashley sitting on over 40%

he can take 100 a share or risk taking abeating - and you can bet it'll be tough to get a decent salary or divi out of the new share structure



Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Thursday 24 May 2007, 12:04:24 PM
can't believe the shortsightedness of some people, pulling their testicles over whether this affects the summers transfers. FFS this is a massive deal and will affect NUFC for the next decade, get some f***ing perspective

No-one is disputing that though, but it will affect our short-term future as well as our long term one, so why shouldn't people be interested and excited about having a vastly increased transfer budget this pre-season?

i'm talking about the dicks wetting themselves that we might have to wait a few months before we can spend £40m. ludicrous tbh

Like who? :lol:

Once again...


can't you read? start from this page and go backwards
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Thursday 24 May 2007, 12:05:35 PM
Fred is taking a risk if he doesn't accept the offer - Ashley HAS to offer the same price to everyone that he paid Sir John

but if FFS doesn't accept then the shares will stay on the stock market and , as they say, prices can go up or go down

Ashley can then make another offer later at whatever price he likes (say 50p a share)................................................. ..


that's daft, if FF doesn't accept now there's nothing to force him to accept a lower offer. He has the shares, he can sit on his arse with them, even if divis are suspended the going rate for his shares will be the same as any others

no but the value may change - especially if he plays silly buggers and the  club drifts into a war between him and Ashley

no-one else will come in to save him with ashley sitting on over 40%

he can take 100 a share or risk taking abeating - and you can bet it'll be tough to get a decent salary or divi out of the new share structure





any fight devalues boths shares, it won't be in Ashleys interest and will prevent him making money. Fred is hanging for a premium deal, and he could well get it
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Thursday 24 May 2007, 12:06:19 PM
FFS & his brother have about 4.8 million shares which cost an average of 44p http://www.nufc-finances.org.uk/shepherds2.htm

he can sell and walk away with £ 48 million or watch them sit at 44p..................

I'll bet he does a Madejski and disapears to Malaysia or Gibraltar to avoid CGT  as well
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: LoveItIfWeBeatU on Thursday 24 May 2007, 12:06:22 PM
Later on that mackem thread someone said he "only" had 3% of Adidas.  Can you imagine how much 3% of adidas must be worth  :o
He spent £180 million aquiring 3% of Adidas according to an article I read yesterday.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Thursday 24 May 2007, 12:07:26 PM
Anyone got a copy of the Articles of Association?

Yep

be a dear and scan them and post them up on here

just ignore any bits that say confidential do not scan and post on N-O
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Thursday 24 May 2007, 12:07:28 PM
Fred is taking a risk if he doesn't accept the offer - Ashley HAS to offer the same price to everyone that he paid Sir John

but if FFS doesn't accept then the shares will stay on the stock market and , as they say, prices can go up or go down

Ashley can then make another offer later at whatever price he likes (say 50p a share)................................................. ..


that's daft, if FF doesn't accept now there's nothing to force him to accept a lower offer. He has the shares, he can sit on his arse with them, even if divis are suspended the going rate for his shares will be the same as any others

no but the value may change - especially if he plays silly buggers and the  club drifts into a war between him and Ashley

no-one else will come in to save him with ashley sitting on over 40%

he can take 100 a share or risk taking abeating - and you can bet it'll be tough to get a decent salary or divi out of the new share structure





any fight devalues boths shares, it won't be in Ashleys interest and will prevent him making money. Fred is hanging for a premium deal, and he could well get it

he can't right now - Ashley has to offer ALL shareholders the same - if he offer FFS more then everyone gets the same
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ChezGiven on Thursday 24 May 2007, 12:07:37 PM
Fred is taking a risk if he doesn't accept the offer - Ashley HAS to offer the same price to everyone that he paid Sir John

but if FFS doesn't accept then the shares will stay on the stock market and , as they say, prices can go up or go down

Ashley can then make another offer later at whatever price he likes (say 50p a share)................................................. ..


that's daft, if FF doesn't accept now there's nothing to force him to accept a lower offer. He has the shares, he can sit on his arse with them, even if divis are suspended the going rate for his shares will be the same as any others

no but the value may change - especially if he plays silly buggers and the  club drifts into a war between him and Ashley

no-one else will come in to save him with ashley sitting on over 40%

he can take 100 a share or risk taking abeating - and you can bet it'll be tough to get a decent salary or divi out of the new share structure





any fight devalues boths shares, it won't be in Ashleys interest and will prevent him making money. Fred is hanging for a premium deal, and he could well get it

Again, correct.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Rob W on Thursday 24 May 2007, 12:08:04 PM
Later on that mackem thread someone said he "only" had 3% of Adidas.  Can you imagine how much 3% of adidas must be worth  :o
He spent £180 million aquiring 3% of Adidas according to an article I read yesterday.

all that for s*** shirts and trainers - the world has gone mad i tell you
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NUFCnutter on Thursday 24 May 2007, 12:08:20 PM
According to Metro Radio news he now has 42.5% of the shares!  ;D
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Thursday 24 May 2007, 12:08:41 PM
FFS & his brother have about 4.8 million shares which cost an average of 44p http://www.nufc-finances.org.uk/shepherds2.htm

he can sell and walk away with £ 48 million or watch them sit at 44p..................

I'll bet he does a Madejski and disapears to Malaysia or Gibraltar to avoid CGT  as well


rubbish, he won't be sitting there at 44p because that means Ashley will be well and truly out of pocket too
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Slugsy on Thursday 24 May 2007, 12:08:50 PM
Anyone got a copy of the Articles of Association?

Yep

be a dear and scan them and post them up on here

just ignore any bits that say confidential do not scan and post on N-O

 ;D




Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ChezGiven on Thursday 24 May 2007, 12:08:55 PM
Fred is taking a risk if he doesn't accept the offer - Ashley HAS to offer the same price to everyone that he paid Sir John

but if FFS doesn't accept then the shares will stay on the stock market and , as they say, prices can go up or go down

Ashley can then make another offer later at whatever price he likes (say 50p a share)................................................. ..


that's daft, if FF doesn't accept now there's nothing to force him to accept a lower offer. He has the shares, he can sit on his arse with them, even if divis are suspended the going rate for his shares will be the same as any others

no but the value may change - especially if he plays silly buggers and the  club drifts into a war between him and Ashley

no-one else will come in to save him with ashley sitting on over 40%

he can take 100 a share or risk taking abeating - and you can bet it'll be tough to get a decent salary or divi out of the new share structure





any fight devalues boths shares, it won't be in Ashleys interest and will prevent him making money. Fred is hanging for a premium deal, and he could well get it

he can't right now - Ashley has to offer ALL shareholders the same - if he offer FFS more then everyone gets the same

People dont sell at exactly the same moment. He offers, they sell, then there may be some shares left unsold.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Thursday 24 May 2007, 12:10:02 PM
Fred is taking a risk if he doesn't accept the offer - Ashley HAS to offer the same price to everyone that he paid Sir John

but if FFS doesn't accept then the shares will stay on the stock market and , as they say, prices can go up or go down

Ashley can then make another offer later at whatever price he likes (say 50p a share)................................................. ..


that's daft, if FF doesn't accept now there's nothing to force him to accept a lower offer. He has the shares, he can sit on his arse with them, even if divis are suspended the going rate for his shares will be the same as any others

no but the value may change - especially if he plays silly buggers and the  club drifts into a war between him and Ashley

no-one else will come in to save him with ashley sitting on over 40%

he can take 100 a share or risk taking abeating - and you can bet it'll be tough to get a decent salary or divi out of the new share structure





any fight devalues boths shares, it won't be in Ashleys interest and will prevent him making money. Fred is hanging for a premium deal, and he could well get it

he can't right now - Ashley has to offer ALL shareholders the same - if he offer FFS more then everyone gets the same

fred is entitled to refuse, then it gets interesting. no future quote to fred has to be offered to anyone else at all
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Parky on Thursday 24 May 2007, 12:12:40 PM
I really can't see why people think FS won't take it.

Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: teepee on Thursday 24 May 2007, 12:13:52 PM
I really can't see why people think FS won't take it.



because he is a moron?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: ChezGiven on Thursday 24 May 2007, 12:14:14 PM
I really can't see why people think FS won't take it.



But Shepherd does not look likely to relinquish his stake quietly.

He said: “There is nothing Mike Ashley can do with this club unless he gets a 75% stake.

“He can’t take full control, he can’t change resolutions or the club’s articles of association.


“He has spent £50m but he will have to spend a whole lot more, as he must now make an offer not just for my shares but the shares held by all the other shareholders"

For the second time but worth repeating.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Slugsy on Thursday 24 May 2007, 12:16:43 PM
I really can't see why people think FS won't take it.



because he is a moron?

Quite the contrary, he is in a strong tactical position and he knows it.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Parky on Thursday 24 May 2007, 12:17:00 PM
I really can't see why people think FS won't take it.



But Shepherd does not look likely to relinquish his stake quietly.

He said: ?There is nothing Mike Ashley can do with this club unless he gets a 75% stake.

?He can?t take full control, he can?t change resolutions or the club?s articles of association.


?He has spent £50m but he will have to spend a whole lot more, as he must now make an offer not just for my shares but the shares held by all the other shareholders"

For the second time but worth repeating.


Yes but all this is the initial emotional response as he's probably been blindsided by Hall. Later will come the clear thinking. Hopefully.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Invicta_Toon on Thursday 24 May 2007, 12:17:42 PM
I really can't see why people think FS won't take it.

because by holding out he'll get a better offer

because his shares may increase in value

because he loves the spotlight

Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: East Stander on Thursday 24 May 2007, 12:18:41 PM
According to Metro Radio news he now has 42.5% of the shares!  ;D

This will be taking into account the latest posting from Kaupthing Bank hf

http://investing.thisismoney.co.uk/cgi-bin/digitalcorporate/thisismoney/security.cgi?csi=12940&action=news&story_id=1310268&rns=1
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Parky on Thursday 24 May 2007, 12:19:13 PM
I really can't see why people think FS won't take it.

because by holding out he'll get a better offer

because his shares may increase in value

because he loves the spotlight




Yes there is that.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: NUFCnutter on Thursday 24 May 2007, 12:22:14 PM
According to Metro Radio news he now has 42.5% of the shares!  ;D

This will be taking into account the latest posting from Kaupthing Bank hf

http://investing.thisismoney.co.uk/cgi-bin/digitalcorporate/thisismoney/security.cgi?csi=12940&action=news&story_id=1310268&rns=1

Can you explain what that document means in plain english?  :cheesy:
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: alex on Thursday 24 May 2007, 12:23:36 PM
Does he need Shepherd's shares though?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Skirge on Thursday 24 May 2007, 12:24:12 PM
Does he need Shepherd's shares though?
Yes he cannot get the 75% he needs for full control without them.. but 51% will be enough to get Freddy out as Chairman and once that is done I cannot see Fred still clinging on.
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: alex on Thursday 24 May 2007, 12:25:12 PM
Does he need Shepherd's shares though?
Yes he cannot get the 75% he needs for full control without them.. but 51% will be enough to get Freddy out as Chairman and once that is doen I cvannot see Fred still clingign on.
What does that mean though?
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: Darth Toon on Thursday 24 May 2007, 12:27:02 PM
Seems to me this Ashley bloke didn't make his billions by chucking 50 odd million quid at an off chance - he'll get full control and he knows it.

Freddy is p*ssed off right now, but he'll soon realise he's way out of his depth and take the only option he's got - expect a fair bit more empty rhetoric and bluster before that happens though....
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: exilim on Thursday 24 May 2007, 12:28:03 PM
Apparently, this takeover seems swift and took place right before the champions league final.

Much of the limelight was taken away by the champions league final and maybe it was one of his reasons for taking over yesterday too? Remembered articles saying that he's a low profile billionaire and he doesn't want fame.

No idea if it was his intention but well, just what i thought of today lol
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 12:29:01 PM
Seems to me this Ashley bloke didn't make his billions by chucking 50 odd million quid at an off chance - he'll get full control and he knows it.

Freddy is p*ssed off right now, but he'll soon realise he's way out of his depth and take the only option he's got - expect a fair bit more empty rhetoric and bluster before that happens though....


fred wasn't born yesterday either FFS

he knows that by spinning this out with all his bluff and bluster he has a very good chance of walking away with even more money than the people who sell up now for a pound a share
Title: Re: Mike Ashley buys Sir John Hall's shares - SSN
Post by: STM on Thursday 24 May 2007, 12:29:11 PM
Could someone, who understands the whole financial situation with the club tell me in simple terms. Just give a general summary please.

I'm well confused by the whole lot.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Montey on Thursday 24 May 2007, 12:29:41 PM
My parents have got 50 shares or something, I'll text them and ask them to mail them to Mike.  Every little helps  O0

Later on that mackem thread someone said he "only" had 3% of Adidas.  Can you imagine how much 3% of adidas must be worth  :o

Your parents don't actually have to sell the shares at this stage.  They could just give him their voting proxy now.  This means that when an EGM is called he can hold the voting rights for more than just the shares he owns.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Benwell Lad on Thursday 24 May 2007, 12:30:14 PM
Apparently, this takeover seems swift and took place right before the champions league final.

Much of the limelight was taken away by the champions league final and maybe it was one of his reasons for taking over yesterday too? Remembered articles saying that he's a low profile billionaire and he doesn't want fame.

No idea if it was his intention but well, just what i thought of today lol

My thoughts exactly.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: DavB93 on Thursday 24 May 2007, 12:30:35 PM
Can't see much happen until Ashley gets the 50.1% needed for day to day running then FF will sell. Wonder how much Ashley will give Big Sam to spend in the transfer market 100m??
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 12:30:48 PM
Could someone, who understands the whole financial situation with the club tell me in simple terms. Just give a general summary please.

I'm well confused by the whole lot.


well, see, there's a fat man who owns the club, see, and well, there's another fat man wants to buy it, see, and they're gonna sumo for it
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: ewerk on Thursday 24 May 2007, 12:30:57 PM
What I can't understand is why there doesn't appear to have been any due diligence carried out. Surely with such a huge investment it would be mental not to look at the books and if he has seen the accounts then the stock market should have been informed.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Skirge on Thursday 24 May 2007, 12:30:59 PM
Fact is Fred has maxed out on the shares he cna get, people will just not sell to him, so there is no way on earth he can get more shares than Mike A has now, all Fred will do is be as awkward as he can for as long as he can just to be a t*** and I get the feeling he is that sort of bloke. He knows he is beat but won't matter to him.
Ashley will now be going all out to buy all the other shares he can get his hands on aiming for 51%, I imagine he will do that before taking on Fred in a fight over a price for his shares.

Quote
What I can't understand is why there doesn't appear to have been any due diligence carried out. Surely with such a huge investment it would be mental not to look at the books and if he has seen the accounts then the stock market should have been informed.

The Halls can ask to look at the books at any time when they had the major share, so i am sure they would have had them for Mike to look over..
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Parky on Thursday 24 May 2007, 12:31:34 PM
Could someone, who understands the whole financial situation with the club tell me in simple terms. Just give a general summary please.

I'm well confused by the whole lot.

The squirrel is collecting nuts for winter. ;)
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Benwell Lad on Thursday 24 May 2007, 12:32:27 PM
Freddie is gone. It will happen very soon.
His resistance is in order to salvage what he can by negotiation, an ongoing role, seats in the Director's box for life, whatever, but he is GONE.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: STM on Thursday 24 May 2007, 12:33:03 PM
Sarcasms the order of the day then lads. haha.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 12:33:48 PM
Fact is Fred has maxed out on the shares he cna get, people will just not sell to him, so there is no way on earth he can get more shares than Mike A has now, all Fred will do is be as awkward as he can for as long as he can just to be a t*** and I get the feeling he is that sort of bloke. He knows he is beat but won't matter to him.
Ashley will now be going all out to buy all the other shares he can get his hands on aiming for 51%, I imagine he will do that before taking on Fred in a fight over a price for his shares.


of course he can get more shares now. he was holding back because of the 30% offer trigger, but now, if he offers £1.50 a share to an instituitional invester and the counter offer is £1 from Ashley they will sell to Fred
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: ewerk on Thursday 24 May 2007, 12:33:54 PM
Quote
What I can't understand is why there doesn't appear to have been any due diligence carried out. Surely with such a huge investment it would be mental not to look at the books and if he has seen the accounts then the stock market should have been informed.

The Halls can ask to look at the books at any time when they had the major share, so i am sure they would have had them for Mike to look over..

Aye but he shouldn't have been allowed to see them without informing the stock market as far as I know.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Echo on Thursday 24 May 2007, 12:34:36 PM
Freddy Shepherd is doing nothing more complicated than basic selling, make the buyer think he's up against it to ensure he pays top dollar. 
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: ewerk on Thursday 24 May 2007, 12:35:16 PM
Fact is Fred has maxed out on the shares he cna get, people will just not sell to him, so there is no way on earth he can get more shares than Mike A has now, all Fred will do is be as awkward as he can for as long as he can just to be a t*** and I get the feeling he is that sort of bloke. He knows he is beat but won't matter to him.
Ashley will now be going all out to buy all the other shares he can get his hands on aiming for 51%, I imagine he will do that before taking on Fred in a fight over a price for his shares.


of course he can get more shares now. he was holding back because of the 30% offer trigger, but now, if he offers £1.50 a share to an instituitional invester and the counter offer is £1 from Ashley they will sell to Fred

And where do you reckon Shepherd is going to get the money to do that?

Actually he's probably on the phone to Ocean Finance right now.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 12:35:18 PM
I want to know what happened to Polygons first refusal
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: DavB93 on Thursday 24 May 2007, 12:36:20 PM
Just wish it would get sorted sooner rather than later so we can start to look forward to a bright future.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Gemmill on Thursday 24 May 2007, 12:37:14 PM
Fact is Fred has maxed out on the shares he cna get, people will just not sell to him, so there is no way on earth he can get more shares than Mike A has now, all Fred will do is be as awkward as he can for as long as he can just to be a t*** and I get the feeling he is that sort of bloke. He knows he is beat but won't matter to him.
Ashley will now be going all out to buy all the other shares he can get his hands on aiming for 51%, I imagine he will do that before taking on Fred in a fight over a price for his shares.


of course he can get more shares now. he was holding back because of the 30% offer trigger, but now, if he offers £1.50 a share to an instituitional invester and the counter offer is £1 from Ashley they will sell to Fred

Shepherd hasn't got the sort of money required to launch a serious counter bid tbh.  He's not about to get into a war with this bloke, the best he can hope for is to p*ss him off.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 12:37:29 PM
Fact is Fred has maxed out on the shares he cna get, people will just not sell to him, so there is no way on earth he can get more shares than Mike A has now, all Fred will do is be as awkward as he can for as long as he can just to be a t*** and I get the feeling he is that sort of bloke. He knows he is beat but won't matter to him.
Ashley will now be going all out to buy all the other shares he can get his hands on aiming for 51%, I imagine he will do that before taking on Fred in a fight over a price for his shares.


of course he can get more shares now. he was holding back because of the 30% offer trigger, but now, if he offers £1.50 a share to an instituitional invester and the counter offer is £1 from Ashley they will sell to Fred

And where do you reckon Shepherd is going to get the money to do that?

Actually he's probably on the phone to Ocean Finance right now.

he only needs £20-30m more to get 51%

he's probably got that stashed down the back of the sofa


and he doesn't even have to buy himself, he can go get a partner should he so wish.

pretty sure there are firms who specialise in taking strategic chunks during takeovers to make a killing out of the situation
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: ewerk on Thursday 24 May 2007, 12:38:20 PM
Fact is Fred has maxed out on the shares he cna get, people will just not sell to him, so there is no way on earth he can get more shares than Mike A has now, all Fred will do is be as awkward as he can for as long as he can just to be a t*** and I get the feeling he is that sort of bloke. He knows he is beat but won't matter to him.
Ashley will now be going all out to buy all the other shares he can get his hands on aiming for 51%, I imagine he will do that before taking on Fred in a fight over a price for his shares.


of course he can get more shares now. he was holding back because of the 30% offer trigger, but now, if he offers £1.50 a share to an instituitional invester and the counter offer is £1 from Ashley they will sell to Fred

Shepherd hasn't got the sort of money required to launch a serious counter bid tbh.  He's not about to get into a war with this bloke, the best he can hope for is to p*ss him off.

Plus as far as I know Freddy wouldn't be allowed to buy any more shares while the club is under offer.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Montey on Thursday 24 May 2007, 12:39:15 PM
If enough people hand over their voting proxy tomorrow, Ashley doesn't need to spend any more to eject Shepherd.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 12:39:28 PM
Fact is Fred has maxed out on the shares he cna get, people will just not sell to him, so there is no way on earth he can get more shares than Mike A has now, all Fred will do is be as awkward as he can for as long as he can just to be a t*** and I get the feeling he is that sort of bloke. He knows he is beat but won't matter to him.
Ashley will now be going all out to buy all the other shares he can get his hands on aiming for 51%, I imagine he will do that before taking on Fred in a fight over a price for his shares.


of course he can get more shares now. he was holding back because of the 30% offer trigger, but now, if he offers £1.50 a share to an instituitional invester and the counter offer is £1 from Ashley they will sell to Fred

Shepherd hasn't got the sort of money required to launch a serious counter bid tbh.  He's not about to get into a war with this bloke, the best he can hope for is to p*ss him off.

he didn't have the money for a full offer but he will definitely have/find enough to make this messy for cashley if he wants to
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Gemmill on Thursday 24 May 2007, 12:39:43 PM
Fact is Fred has maxed out on the shares he cna get, people will just not sell to him, so there is no way on earth he can get more shares than Mike A has now, all Fred will do is be as awkward as he can for as long as he can just to be a t*** and I get the feeling he is that sort of bloke. He knows he is beat but won't matter to him.
Ashley will now be going all out to buy all the other shares he can get his hands on aiming for 51%, I imagine he will do that before taking on Fred in a fight over a price for his shares.


of course he can get more shares now. he was holding back because of the 30% offer trigger, but now, if he offers £1.50 a share to an instituitional invester and the counter offer is £1 from Ashley they will sell to Fred

And where do you reckon Shepherd is going to get the money to do that?

Actually he's probably on the phone to Ocean Finance right now.

he only needs £20-30m more to get 51%

he's probably got that stashed down the back of the sofa


and he doesn't even have to buy himself, he can go get a partner should he so wish.

pretty sure there are firms who specialise in taking strategic chunks during takeovers to make a killing out of the situation

What sort of firm is going to specialise in buying up chunks of a company at 150% the current market rate?  There's no killing to be made by buying high and selling low, Vic. :razz:
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Gemmill on Thursday 24 May 2007, 12:41:44 PM
Fact is Fred has maxed out on the shares he cna get, people will just not sell to him, so there is no way on earth he can get more shares than Mike A has now, all Fred will do is be as awkward as he can for as long as he can just to be a t*** and I get the feeling he is that sort of bloke. He knows he is beat but won't matter to him.
Ashley will now be going all out to buy all the other shares he can get his hands on aiming for 51%, I imagine he will do that before taking on Fred in a fight over a price for his shares.


of course he can get more shares now. he was holding back because of the 30% offer trigger, but now, if he offers £1.50 a share to an instituitional invester and the counter offer is £1 from Ashley they will sell to Fred

Shepherd hasn't got the sort of money required to launch a serious counter bid tbh.  He's not about to get into a war with this bloke, the best he can hope for is to p*ss him off.

he didn't have the money for a full offer but he will definitely have/find enough to make this messy for cashley if he wants to

He'll be making things as messy for himself as he is for Ashley tbh.  He's not going to plough millions into a losing battle, when the end result is that he'll be left in the same impotent position but now seriously out of pocket.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: alex on Thursday 24 May 2007, 12:42:27 PM
Fact is Fred has maxed out on the shares he cna get, people will just not sell to him, so there is no way on earth he can get more shares than Mike A has now, all Fred will do is be as awkward as he can for as long as he can just to be a t*** and I get the feeling he is that sort of bloke. He knows he is beat but won't matter to him.
Ashley will now be going all out to buy all the other shares he can get his hands on aiming for 51%, I imagine he will do that before taking on Fred in a fight over a price for his shares.


of course he can get more shares now. he was holding back because of the 30% offer trigger, but now, if he offers £1.50 a share to an instituitional invester and the counter offer is £1 from Ashley they will sell to Fred

And where do you reckon Shepherd is going to get the money to do that?

Actually he's probably on the phone to Ocean Finance right now.

he only needs £20-30m more to get 51%

he's probably got that stashed down the back of the sofa


and he doesn't even have to buy himself, he can go get a partner should he so wish.

pretty sure there are firms who specialise in taking strategic chunks during takeovers to make a killing out of the situation
I don't see that scenario happening. We'll see I suppose.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Darth Toon on Thursday 24 May 2007, 12:42:58 PM
Seems to me this Ashley bloke didn't make his billions by chucking 50 odd million quid at an off chance - he'll get full control and he knows it.

Freddy is p*ssed off right now, but he'll soon realise he's way out of his depth and take the only option he's got - expect a fair bit more empty rhetoric and bluster before that happens though....


fred wasn't born yesterday either FFS

he knows that by spinning this out with all his bluff and bluster he has a very good chance of walking away with even more money than the people who sell up now for a pound a share

Possibly. It may even be Ashley has a slightly higher offer in mind which allows FF to walk away with his head (at least publicly) held high.

Point being, he'll get what he wants in the end.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: NUFCnutter on Thursday 24 May 2007, 12:44:33 PM
How many shares equal 1% of the club? Any maths experts out there?
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: 2sheds on Thursday 24 May 2007, 12:45:06 PM
Fat Fred obviously loves the club if he's trying to screw an extra few million out of Ashley  :knuppel2:
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 12:46:17 PM
Fact is Fred has maxed out on the shares he cna get, people will just not sell to him, so there is no way on earth he can get more shares than Mike A has now, all Fred will do is be as awkward as he can for as long as he can just to be a t*** and I get the feeling he is that sort of bloke. He knows he is beat but won't matter to him.
Ashley will now be going all out to buy all the other shares he can get his hands on aiming for 51%, I imagine he will do that before taking on Fred in a fight over a price for his shares.


of course he can get more shares now. he was holding back because of the 30% offer trigger, but now, if he offers £1.50 a share to an instituitional invester and the counter offer is £1 from Ashley they will sell to Fred

And where do you reckon Shepherd is going to get the money to do that?

Actually he's probably on the phone to Ocean Finance right now.

he only needs £20-30m more to get 51%

he's probably got that stashed down the back of the sofa


and he doesn't even have to buy himself, he can go get a partner should he so wish.

pretty sure there are firms who specialise in taking strategic chunks during takeovers to make a killing out of the situation

What sort of firm is going to specialise in buying up chunks of a company at 150% the current market rate?  There's no killing to be made by buying high and selling low, Vic. :razz:

so there's no profit in buying at 150 and selling at 160?

no wonder you're getting fired gems
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: johnson293 on Thursday 24 May 2007, 12:46:58 PM
How many shares equal 1% of the club? Any maths experts out there?

Based on the 55million shares giving him 41.6%, I think its about 1.33m shares = 1%
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: ewerk on Thursday 24 May 2007, 12:47:43 PM
Fact is Fred has maxed out on the shares he cna get, people will just not sell to him, so there is no way on earth he can get more shares than Mike A has now, all Fred will do is be as awkward as he can for as long as he can just to be a t*** and I get the feeling he is that sort of bloke. He knows he is beat but won't matter to him.
Ashley will now be going all out to buy all the other shares he can get his hands on aiming for 51%, I imagine he will do that before taking on Fred in a fight over a price for his shares.


of course he can get more shares now. he was holding back because of the 30% offer trigger, but now, if he offers £1.50 a share to an instituitional invester and the counter offer is £1 from Ashley they will sell to Fred

And where do you reckon Shepherd is going to get the money to do that?

Actually he's probably on the phone to Ocean Finance right now.

he only needs £20-30m more to get 51%

he's probably got that stashed down the back of the sofa


and he doesn't even have to buy himself, he can go get a partner should he so wish.

pretty sure there are firms who specialise in taking strategic chunks during takeovers to make a killing out of the situation

What sort of firm is going to specialise in buying up chunks of a company at 150% the current market rate?  There's no killing to be made by buying high and selling low, Vic. :razz:

so there's no profit in buying at 150 and selling at 160?

no wonder you're getting fired gems

And who the f*** is going to buy them at 160? You have to have a buyer before you can sell.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: BigTrev on Thursday 24 May 2007, 12:47:56 PM
does all this mean the club will be clear of debt aswell?
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: ChezGiven on Thursday 24 May 2007, 12:48:15 PM
does all this mean the club will be clear of debt aswell?

No.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Gemmill on Thursday 24 May 2007, 12:48:50 PM
Fact is Fred has maxed out on the shares he cna get, people will just not sell to him, so there is no way on earth he can get more shares than Mike A has now, all Fred will do is be as awkward as he can for as long as he can just to be a t*** and I get the feeling he is that sort of bloke. He knows he is beat but won't matter to him.
Ashley will now be going all out to buy all the other shares he can get his hands on aiming for 51%, I imagine he will do that before taking on Fred in a fight over a price for his shares.


of course he can get more shares now. he was holding back because of the 30% offer trigger, but now, if he offers £1.50 a share to an instituitional invester and the counter offer is £1 from Ashley they will sell to Fred

And where do you reckon Shepherd is going to get the money to do that?

Actually he's probably on the phone to Ocean Finance right now.

he only needs £20-30m more to get 51%

he's probably got that stashed down the back of the sofa


and he doesn't even have to buy himself, he can go get a partner should he so wish.

pretty sure there are firms who specialise in taking strategic chunks during takeovers to make a killing out of the situation

What sort of firm is going to specialise in buying up chunks of a company at 150% the current market rate?  There's no killing to be made by buying high and selling low, Vic. :razz:

so there's no profit in buying at 150 and selling at 160?

no wonder you're getting fired gems

:lol:  Says Mr. Bankrupt who's now back at Uni.  No one's buying at 160 dipshit.  The offer on the table is obviously higher than Polygon or Belgravia came up with or Hall wouldn't have accepted it.  This is as good as it's likely to get for Shepherd - there's certainly nothing to be gained from buying up MORE shares in the hope of getting a higher price, when the likely outcome is that he won't, and he's just wasting cash.

Keep trying to get people on here concerned though, I know that's your game.  We can see throuuuuugh youuuuuu.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: alex on Thursday 24 May 2007, 12:49:10 PM
Is there no end to the things Vic is ill-informed of but thinks he knows all about? :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: NUFCnutter on Thursday 24 May 2007, 12:49:36 PM
Cheers matee
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 12:49:47 PM
How many shares equal 1% of the club? Any maths experts out there?

1,330,341
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Gemmill on Thursday 24 May 2007, 12:49:47 PM
Fact is Fred has maxed out on the shares he cna get, people will just not sell to him, so there is no way on earth he can get more shares than Mike A has now, all Fred will do is be as awkward as he can for as long as he can just to be a t*** and I get the feeling he is that sort of bloke. He knows he is beat but won't matter to him.
Ashley will now be going all out to buy all the other shares he can get his hands on aiming for 51%, I imagine he will do that before taking on Fred in a fight over a price for his shares.


of course he can get more shares now. he was holding back because of the 30% offer trigger, but now, if he offers £1.50 a share to an instituitional invester and the counter offer is £1 from Ashley they will sell to Fred

And where do you reckon Shepherd is going to get the money to do that?

Actually he's probably on the phone to Ocean Finance right now.

he only needs £20-30m more to get 51%

he's probably got that stashed down the back of the sofa


and he doesn't even have to buy himself, he can go get a partner should he so wish.

pretty sure there are firms who specialise in taking strategic chunks during takeovers to make a killing out of the situation

What sort of firm is going to specialise in buying up chunks of a company at 150% the current market rate?  There's no killing to be made by buying high and selling low, Vic. :razz:

so there's no profit in buying at 150 and selling at 160?

no wonder you're getting fired gems

And who the f*** is going to buy them at 160? You have to have a buyer before you can sell.

I think this is why Vic's back at university after running his first business into the ground.  He bought Mars bars for retail price in the hope that he could sell them on for a quid apiece.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 12:51:11 PM
cashley is the buyer at 160 you dipshits

they key words were 'strategic' and 'takeover' FFS
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Gemmill on Thursday 24 May 2007, 12:51:13 PM
Is there no end to the things Vic is ill-informed of but thinks he knows all about? :lol:

It's pathetic man. :lol:  All he's trying to do is play the authority and get people worried.  People want to be optimistic, so Vic sees it as his job to create a scenario where Shepherd fights back by buying shares, despite it being utterly unrealistic.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Belfast Boy on Thursday 24 May 2007, 12:51:20 PM
How many shares equal 1% of the club? Any maths experts out there?

Well if there is around 133million shares then my guess would be 133,000 shares is about 1%.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Gemmill on Thursday 24 May 2007, 12:51:44 PM
cashley is the buyer at 160 you dipshits

they key words were 'strategic' and 'takeover' FFS

The key words are "know" and "nowt".
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: ChezGiven on Thursday 24 May 2007, 12:51:53 PM
Tbf to Vic he talked about the article of association yesterday in the same way that FS did in the press today. FS wont try to buy anymore otherwise he would have already. There was a very good reason for him only holding 29%.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: ewerk on Thursday 24 May 2007, 12:52:49 PM
cashley is the buyer at 160 you dipshits

they key words were 'strategic' and 'takeover' FFS

Aye, he's going to pay twice what the shares are actually worth. You should try thinking before typing.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Gemmill on Thursday 24 May 2007, 12:53:51 PM
Tbf to Vic he talked about the article of association yesterday in the same way that FS did in the press today. FS wont try to buy anymore otherwise he would have already. There was a very good reason for him only holding 29%.

Aye but now, in his increasing desperation to paint things badly, he's talking about Shepherd and some mysterious firm buying up "strategic" chunks at a higher price than Ashley in the hope of selling them on at an even higher price.  I mean, come on, Shepherd is not f***ing Dr. Evil ffs. :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: johnson293 on Thursday 24 May 2007, 12:54:07 PM
How many shares equal 1% of the club? Any maths experts out there?

Well if there is around 133million shares then my guess would be 133,000 shares is about 1%.

nope, 133,000 is 0.1%

as I and vic posted, circa 1,330,000 shares = 1%
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: ChezGiven on Thursday 24 May 2007, 12:54:37 PM
What Vic is driving at is that if the rules allowed he could increase his stake as the next offer from Ashley would be even higher. Think thats against the rules though.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 12:54:39 PM
Is there no end to the things Vic is ill-informed of but thinks he knows all about? :lol:

It's pathetic man. :lol:  All he's trying to do is play the authority and get people worried.  People want to be optimistic, so Vic sees it as his job to create a scenario where Shepherd fights back by buying shares, despite it being utterly unrealistic.

bollocks I was responding to someone who said Fred can't buy any more shares with a scenario where he could

it's you and your boyfriend getting yourselves worked up over 'OMFG Vic wants Fred to stay'
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Gemmill on Thursday 24 May 2007, 12:55:16 PM
Is there no end to the things Vic is ill-informed of but thinks he knows all about? :lol:

It's pathetic man. :lol:  All he's trying to do is play the authority and get people worried.  People want to be optimistic, so Vic sees it as his job to create a scenario where Shepherd fights back by buying shares, despite it being utterly unrealistic.

bollocks I was responding to someone who said Fred can't buy any more shares with a scenario where he could

it's you and your boyfriend getting yourselves worked up over 'OMFG Vic wants Fred to stay'


[SSH] Where have I said that me old china [/SSH]
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: ewerk on Thursday 24 May 2007, 12:56:30 PM
What Vic is driving at is that if the rules allowed he could increase his stake as the next offer from Ashley would be even higher. Think thats against the rules though.

Regardless of the rules the point is that Ashley is not going to pay hugely over the odds to get the club and anyone with half a brain knows this. All Shepherd would end up doing is buying the shares at a hugely inflated price with no one willing to buy them at anything near that price.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 12:56:35 PM
Tbf to Vic he talked about the article of association yesterday in the same way that FS did in the press today. FS wont try to buy anymore otherwise he would have already. There was a very good reason for him only holding 29%.

Aye but now, in his increasing desperation to paint things badly, he's talking about Shepherd and some mysterious firm buying up "strategic" chunks at a higher price than Ashley in the hope of selling them on at an even higher price.  I mean, come on, Shepherd is not f***ing Dr. Evil ffs. :lol:

are you saying it doesn't happen like? every takeover goes completely smoothley and all offers are accepted on first price? as i said, no wonder you're getting sacked

Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Knightrider on Thursday 24 May 2007, 12:56:57 PM
Vic trying to wind people up only to get wound up himself, classic :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: ToonTastic on Thursday 24 May 2007, 12:57:34 PM
does all this mean the club will be clear of debt aswell?

No.

Why do you say this, the very first mention of the deal suggested the deal was agreed with him getting rid of the debt, I must be honest though I've not heard anything since.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 12:58:12 PM
What Vic is driving at is that if the rules allowed he could increase his stake as the next offer from Ashley would be even higher. Think thats against the rules though.

Regardless of the rules the point is that Ashley is not going to pay hugely over the odds to get the club and anyone with half a brain knows this. All Shepherd would end up doing is buying the shares at a hugely inflated price with no one willing to buy them at anything near that price.

so what happens then if Ashley loses his bottle and doesn't want to pay extra for Freds increased block?

no-one will take his shares off him, so he either sits on them like fred can now, or he sells to Fred for much less than a quid a go
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Bolton Zulu on Thursday 24 May 2007, 12:58:51 PM
Anyone know what Ashley's take on Sam Allardyce is? (Apologies if it's already been posted - only I felt like I was intruding on 35 pages of private grief!)  8)
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Skirge on Thursday 24 May 2007, 12:59:47 PM
All Fred is going to do it be a c*** and hold out for as long as he can, he knows he iso n his way but he will go kicking and screaming.
As for the debt, how much is it £70mill ???
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 01:00:18 PM
Vic trying to wind people up only to get wound up himself, classic :lol:

the only people on a windup round here are the gruesome twosome

i'm having a sensible conversation and trying to inform people in these exciting times


anyway, have you heard anything back from your sources about when Allardyce was told by cashley he was making a bid?
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: ewerk on Thursday 24 May 2007, 01:00:42 PM
What Vic is driving at is that if the rules allowed he could increase his stake as the next offer from Ashley would be even higher. Think thats against the rules though.

Regardless of the rules the point is that Ashley is not going to pay hugely over the odds to get the club and anyone with half a brain knows this. All Shepherd would end up doing is buying the shares at a hugely inflated price with no one willing to buy them at anything near that price.

so what happens then if Ashley loses his bottle and doesn't want to pay extra for Freds increased block?

no-one will take his shares off him, so he either sits on them like fred can now, or he sells to Fred for much less than a quid a go

The point is that Fred can't buy any more shares at the minute. The only scenario likely to happen here is that the institutional investors will sell to Ashley, he'll have over 50% and Freddy will have no control and be forced to sell at the price Ashley is offering, that is how it works.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Gemmill on Thursday 24 May 2007, 01:01:07 PM
What Vic is driving at is that if the rules allowed he could increase his stake as the next offer from Ashley would be even higher. Think thats against the rules though.

Regardless of the rules the point is that Ashley is not going to pay hugely over the odds to get the club and anyone with half a brain knows this. All Shepherd would end up doing is buying the shares at a hugely inflated price with no one willing to buy them at anything near that price.

so what happens then if Ashley loses his bottle and doesn't want to pay extra for Freds increased block?

no-one will take his shares off him, so he either sits on them like fred can now, or he sells to Fred for much less than a quid a go

:lol:  You should write disaster movies Vic.  Any more crazy notions? 

OMG and then Shepherd buys at THREE TIMES THE PRICE that Ashley is offering and tells Ashley that unless he now pays FOUR TIMES THE PRICE that it's no deal.  And like by now the club is worth a gazillion and stuff.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: ewerk on Thursday 24 May 2007, 01:01:43 PM
Anyone know what Ashley's take on Sam Allardyce is? (Apologies if it's already been posted - only I felt like I was intruding on 35 pages of private grief!)  8)

He's going to keep his job anyway.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: johnson293 on Thursday 24 May 2007, 01:02:31 PM
Anyone know what Ashley's take on Sam Allardyce is? (Apologies if it's already been posted - only I felt like I was intruding on 35 pages of private grief!)  8)

Only what was quoted on the stock market announcement...

Quote
"Newcastle United has a wonderful heritage and the passion of its fans is legendary. I am sure that, like me, they are already excited about the prospects for next season under the new manager's stewardship."
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: alex on Thursday 24 May 2007, 01:02:56 PM
Vic trying to wind people up only to get wound up himself, classic :lol:

the only people on a windup round here are the gruesome twosome

i'm having a sensible conversation and trying to inform people in these exciting times


anyway, have you heard anything back from your sources about when Allardyce was told by cashley he was making a bid?
You and Super_Steve_Howey?
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Syrette on Thursday 24 May 2007, 01:03:15 PM

As for the debt, how much is it £70mill ???

Approx £80m if I recall correctly.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: S.S.R. on Thursday 24 May 2007, 01:03:20 PM
Roeder, then Bramble and now Shepherd.

If I'm dreaming, don't wake me up.   :hello2:

M Ashley: "Okay Kieron, how much are you on, son?"

Dyer: "£80,000 a week."

M Ashley: "How long are you contracted for?"

Dyer: "For another two years"

M Ashley: (Taps on a calculator, opens his chequebook and quickly writes one out.) "There you go, now f*** off."

Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Knightrider on Thursday 24 May 2007, 01:03:30 PM
Anyone know what Ashley's take on Sam Allardyce is? (Apologies if it's already been posted - only I felt like I was intruding on 35 pages of private grief!)  8)

He'll be shown the door and will beg for his old job back at the Reebok, is the talk in Newcastle. We're getting Hitzfeld now so don't need Sam.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: sharath on Thursday 24 May 2007, 01:03:49 PM
Wonder how much Ashley will give Big Sam to spend in the transfer market 100m??
its nice to dream once in a while probably...
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Gemmill on Thursday 24 May 2007, 01:04:47 PM
Wonder how much Ashley will give Big Sam to spend in the transfer market 100m??
its nice to dream once in a while probably...

Yeah I once dreamt that you f***ed right off.  That was nice.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Skirge on Thursday 24 May 2007, 01:05:17 PM
So he will clear the debt then also I would imagine he would anyway, gonna pay out a fkn fortune just to buy us and then get us debt free, I hope he is planning a nice transfer fund..
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Scribble on Thursday 24 May 2007, 01:05:43 PM
He's said there will be no change in manager in a brief statement the other day.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: STM on Thursday 24 May 2007, 01:05:59 PM
If "ash" does takeover the club, will this make him the owner in the same way that Abramovich owns chelsea, as apposed to chairman which is bruce buck at chelsea?

That will mean, not only will we have a new manager and new owner but also a new chairman (i.e not mike ashley himself).
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Bolton Zulu on Thursday 24 May 2007, 01:06:20 PM
Anyone know what Ashley's take on Sam Allardyce is? (Apologies if it's already been posted - only I felt like I was intruding on 35 pages of private grief!)  8)

He'll be shown the door and will beg for his old job back at the Reebok, is the talk in Newcastle. We're getting Hitzfeld now so don't need Sam.

Er - it was a serious question.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Syrette on Thursday 24 May 2007, 01:06:58 PM
Wonder how much Ashley will give Big Sam to spend in the transfer market 100m??

Been mentioned several times earlier in this thread. 40m is the suggested budget BUT that doesn't include any extra income gained from selling players, so it could be more.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Gemmill on Thursday 24 May 2007, 01:07:05 PM
Anyone know what Ashley's take on Sam Allardyce is? (Apologies if it's already been posted - only I felt like I was intruding on 35 pages of private grief!)  8)

He'll be shown the door and will beg for his old job back at the Reebok, is the talk in Newcastle. We're getting Hitzfeld now so don't need Sam.

Er - it was a serious question.

Ignore HTT mate, he's a virgin.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: alex on Thursday 24 May 2007, 01:07:16 PM
Anyone know what Ashley's take on Sam Allardyce is? (Apologies if it's already been posted - only I felt like I was intruding on 35 pages of private grief!)  8)

He'll be shown the door and will beg for his old job back at the Reebok, is the talk in Newcastle. We're getting Hitzfeld now so don't need Sam.

Er - it was a serious question.
He's said Allardyce's job is safe.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Knightrider on Thursday 24 May 2007, 01:07:52 PM
Anyone know what Ashley's take on Sam Allardyce is? (Apologies if it's already been posted - only I felt like I was intruding on 35 pages of private grief!)  8)

He'll be shown the door and will beg for his old job back at the Reebok, is the talk in Newcastle. We're getting Hitzfeld now so don't need Sam.

Er - it was a serious question.

Ignore HTT mate, he's an unemployed virgin.

FYPFY
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: alex on Thursday 24 May 2007, 01:08:42 PM
Anyone know what Ashley's take on Sam Allardyce is? (Apologies if it's already been posted - only I felt like I was intruding on 35 pages of private grief!)  8)

He'll be shown the door and will beg for his old job back at the Reebok, is the talk in Newcastle. We're getting Hitzfeld now so don't need Sam.

Er - it was a serious question.

Ignore HTT mate, he's an unemployed virgin tramp.

FYPFY

FHPFY
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 01:08:53 PM
What Vic is driving at is that if the rules allowed he could increase his stake as the next offer from Ashley would be even higher. Think thats against the rules though.

Regardless of the rules the point is that Ashley is not going to pay hugely over the odds to get the club and anyone with half a brain knows this. All Shepherd would end up doing is buying the shares at a hugely inflated price with no one willing to buy them at anything near that price.

so what happens then if Ashley loses his bottle and doesn't want to pay extra for Freds increased block?

no-one will take his shares off him, so he either sits on them like fred can now, or he sells to Fred for much less than a quid a go

The point is that Fred can't buy any more shares at the minute. The only scenario likely to happen here is that the institutional investors will sell to Ashley, he'll have over 50% and Freddy will have no control and be forced to sell at the price Ashley is offering, that is how it works.


where are you actually getting this fact that no-one can buy shares except ashley at the moment?
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Knightrider on Thursday 24 May 2007, 01:10:07 PM
FHPFY?
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Skirge on Thursday 24 May 2007, 01:10:14 PM
Hmmmm yeah I wonder who he would put in as Chairman, he has already said he does not want a public role at the club..
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: alex on Thursday 24 May 2007, 01:10:40 PM
FHPFY?
Fixed his post for you ;)
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Munkey on Thursday 24 May 2007, 01:10:59 PM
that figure of £40mill got any basis in reality of just a figure quoted on this forum?
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Gemmill on Thursday 24 May 2007, 01:11:50 PM
that figure of £40mill got any basis in reality of just a figure quoted on this forum?

Aye I think it's been pulled from someone's arse tbh.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Leazes1986 on Thursday 24 May 2007, 01:12:37 PM
The £40m figure came from either The Guardian or The Times i think
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Syrette on Thursday 24 May 2007, 01:13:21 PM
The £40m figure came from either The Guardian or The Times i think

Both them and The Sun (as previously quoted) I believe. I'm sure they're getting it from somewhere.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: STM on Thursday 24 May 2007, 01:15:23 PM
Hmmmm yeah I wonder who he would put in as Chairman, he has already said he does not want a public role at the club..

At least some f***er saw my post. Would be interesting, he might bring in someone from his other companies. I would also expect a chief executive (ala kenyon), plus a DOF (ala arnsen). Huge changes for the club IMO.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 01:17:06 PM
he can be a standoff chairman and employ someoone like kenyon as CEO

Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Munkey on Thursday 24 May 2007, 01:17:34 PM
The £40m figure came from either The Guardian or The Times i think

Both them and The Sun (as previously quoted) I believe. I'm sure they're getting it from somewhere.

aye, their own fevered imaginations...

i can't imagine the bloke ringing any of them up to give them an inside scoop his proposaed transfer budget
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: johnson293 on Thursday 24 May 2007, 01:18:59 PM
If "ash" does takeover the club, will this make him the owner in the same way that Abramovich owns chelsea, as apposed to chairman which is bruce buck at chelsea?

That will mean, not only will we have a new manager and new owner but also a new chairman (i.e not mike ashley himself).

That is the way I thought it would happen. As a reportedly private person, I couldn't see him running the club day-to-day.

I doubt he runs any of his other companies himself, but will ahve appointed people to do that for him.

Though I'm sure I read something saying if he got control, he would attend our matches.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: alex on Thursday 24 May 2007, 01:19:53 PM
Can you imagine the club being run from the top in a professional manner, coupled with the team affairs being ran by a bloke who knows what he's doing? Been a while since that's been the case.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: STM on Thursday 24 May 2007, 01:20:51 PM
Yer but Ant and Dec sometimes attend our matches. They don't choose which coaching staff we hire.   ;)
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 01:21:21 PM
If "ash" does takeover the club, will this make him the owner in the same way that Abramovich owns chelsea, as apposed to chairman which is bruce buck at chelsea?

That will mean, not only will we have a new manager and new owner but also a new chairman (i.e not mike ashley himself).

That is the way I thought it would happen. As a reportedly private person, I couldn't see him running the club day-to-day.

I doubt he runs any of his other companies himself, but will ahve appointed people to do that for him.

Though I'm sure I read something saying if he got control, he would attend our matches.

being chairman isn't a day to day high profile job

it's only the fat f***er that makes it look like it is
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: ewerk on Thursday 24 May 2007, 01:22:34 PM
What Vic is driving at is that if the rules allowed he could increase his stake as the next offer from Ashley would be even higher. Think thats against the rules though.

Regardless of the rules the point is that Ashley is not going to pay hugely over the odds to get the club and anyone with half a brain knows this. All Shepherd would end up doing is buying the shares at a hugely inflated price with no one willing to buy them at anything near that price.

so what happens then if Ashley loses his bottle and doesn't want to pay extra for Freds increased block?

no-one will take his shares off him, so he either sits on them like fred can now, or he sells to Fred for much less than a quid a go

The point is that Fred can't buy any more shares at the minute. The only scenario likely to happen here is that the institutional investors will sell to Ashley, he'll have over 50% and Freddy will have no control and be forced to sell at the price Ashley is offering, that is how it works.


where are you actually getting this fact that no-one can buy shares except ashley at the moment?

It's something I've heard before, feel free to prove me wrong.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 01:24:46 PM
What Vic is driving at is that if the rules allowed he could increase his stake as the next offer from Ashley would be even higher. Think thats against the rules though.

Regardless of the rules the point is that Ashley is not going to pay hugely over the odds to get the club and anyone with half a brain knows this. All Shepherd would end up doing is buying the shares at a hugely inflated price with no one willing to buy them at anything near that price.

so what happens then if Ashley loses his bottle and doesn't want to pay extra for Freds increased block?

no-one will take his shares off him, so he either sits on them like fred can now, or he sells to Fred for much less than a quid a go

The point is that Fred can't buy any more shares at the minute. The only scenario likely to happen here is that the institutional investors will sell to Ashley, he'll have over 50% and Freddy will have no control and be forced to sell at the price Ashley is offering, that is how it works.


where are you actually getting this fact that no-one can buy shares except ashley at the moment?

It's something I've heard before, feel free to prove me wrong.

thought so
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: ewerk on Thursday 24 May 2007, 01:25:13 PM
Hmmmm yeah I wonder who he would put in as Chairman, he has already said he does not want a public role at the club..

At least some f***er saw my post. Would be interesting, he might bring in someone from his other companies. I would also expect a chief executive (ala kenyon), plus a DOF (ala arnsen). Huge changes for the club IMO.

David Dein if he was interested.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: ewerk on Thursday 24 May 2007, 01:26:02 PM
What Vic is driving at is that if the rules allowed he could increase his stake as the next offer from Ashley would be even higher. Think thats against the rules though.

Regardless of the rules the point is that Ashley is not going to pay hugely over the odds to get the club and anyone with half a brain knows this. All Shepherd would end up doing is buying the shares at a hugely inflated price with no one willing to buy them at anything near that price.

so what happens then if Ashley loses his bottle and doesn't want to pay extra for Freds increased block?

no-one will take his shares off him, so he either sits on them like fred can now, or he sells to Fred for much less than a quid a go

The point is that Fred can't buy any more shares at the minute. The only scenario likely to happen here is that the institutional investors will sell to Ashley, he'll have over 50% and Freddy will have no control and be forced to sell at the price Ashley is offering, that is how it works.


where are you actually getting this fact that no-one can buy shares except ashley at the moment?

It's something I've heard before, feel free to prove me wrong.

thought so

Well thanks for proving me wrong.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: madras on Thursday 24 May 2007, 01:27:28 PM
Vic trying to wind people up only to get wound up himself, classic :lol:

the only people on a windup round here are the gruesome twosome

i'm having a sensible conversation and trying to inform people in these exciting times


anyway, have you heard anything back from your sources about when Allardyce was told by cashley he was making a bid?
yet again you are trying to make out people said something they didn't.

what i suggested was that allardyce could have been informed by any memeber of the nufc negotiating team that a takeover was imminent which could lead to substantial team investment.


but you know thats what i meant but have a need to spin things
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 01:27:59 PM
What Vic is driving at is that if the rules allowed he could increase his stake as the next offer from Ashley would be even higher. Think thats against the rules though.

Regardless of the rules the point is that Ashley is not going to pay hugely over the odds to get the club and anyone with half a brain knows this. All Shepherd would end up doing is buying the shares at a hugely inflated price with no one willing to buy them at anything near that price.

so what happens then if Ashley loses his bottle and doesn't want to pay extra for Freds increased block?

no-one will take his shares off him, so he either sits on them like fred can now, or he sells to Fred for much less than a quid a go

The point is that Fred can't buy any more shares at the minute. The only scenario likely to happen here is that the institutional investors will sell to Ashley, he'll have over 50% and Freddy will have no control and be forced to sell at the price Ashley is offering, that is how it works.


where are you actually getting this fact that no-one can buy shares except ashley at the moment?

It's something I've heard before, feel free to prove me wrong.

thought so

Well thanks for proving me wrong.

I don't have to prove you wrong, I just wanted clarification that you post memories as facts
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: ewerk on Thursday 24 May 2007, 01:29:17 PM
What Vic is driving at is that if the rules allowed he could increase his stake as the next offer from Ashley would be even higher. Think thats against the rules though.

Regardless of the rules the point is that Ashley is not going to pay hugely over the odds to get the club and anyone with half a brain knows this. All Shepherd would end up doing is buying the shares at a hugely inflated price with no one willing to buy them at anything near that price.

so what happens then if Ashley loses his bottle and doesn't want to pay extra for Freds increased block?

no-one will take his shares off him, so he either sits on them like fred can now, or he sells to Fred for much less than a quid a go

The point is that Fred can't buy any more shares at the minute. The only scenario likely to happen here is that the institutional investors will sell to Ashley, he'll have over 50% and Freddy will have no control and be forced to sell at the price Ashley is offering, that is how it works.


where are you actually getting this fact that no-one can buy shares except ashley at the moment?

It's something I've heard before, feel free to prove me wrong.

thought so

Well thanks for proving me wrong.

I don't have to prove you wrong, I just wanted clarification that you post memories as facts

So I'm not allowed to post a fact that I remember? f*** off you little tramp.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 01:29:53 PM
Vic trying to wind people up only to get wound up himself, classic :lol:

the only people on a windup round here are the gruesome twosome

i'm having a sensible conversation and trying to inform people in these exciting times


anyway, have you heard anything back from your sources about when Allardyce was told by cashley he was making a bid?
yet again you are trying to make out people said something they didn't.

what i suggested was that allardyce could have been informed by any memeber of the nufc negotiating team that a takeover was imminent which could lead to substantial team investment.


but you know thats what i meant but have a need to spin things


wtf are you on about?

i don't have to spin that version of events to make it sound daft. why would john hall be telling sam allardyce of ashley's intentions?
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 01:31:39 PM
What Vic is driving at is that if the rules allowed he could increase his stake as the next offer from Ashley would be even higher. Think thats against the rules though.

Regardless of the rules the point is that Ashley is not going to pay hugely over the odds to get the club and anyone with half a brain knows this. All Shepherd would end up doing is buying the shares at a hugely inflated price with no one willing to buy them at anything near that price.

so what happens then if Ashley loses his bottle and doesn't want to pay extra for Freds increased block?

no-one will take his shares off him, so he either sits on them like fred can now, or he sells to Fred for much less than a quid a go

The point is that Fred can't buy any more shares at the minute. The only scenario likely to happen here is that the institutional investors will sell to Ashley, he'll have over 50% and Freddy will have no control and be forced to sell at the price Ashley is offering, that is how it works.


where are you actually getting this fact that no-one can buy shares except ashley at the moment?

It's something I've heard before, feel free to prove me wrong.

thought so

Well thanks for proving me wrong.

I don't have to prove you wrong, I just wanted clarification that you post memories as facts

So I'm not allowed to post a fact that I remember? f*** off you little tramp.

it's customary to explain it is only what you recall

but if you want to be a big fanny about it go ahead
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Knightrider on Thursday 24 May 2007, 01:32:40 PM
Going live to SJP soon, ITV news or North East news, according to my brother anyway who has told me to hoy the telly on.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: ewerk on Thursday 24 May 2007, 01:32:54 PM
As I said, the offer remains for you to prove me wrong.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 01:33:44 PM
As I said, the offer remains for you to prove me wrong.

Fred can buy shares right now FACT

prove me wrong first please
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: ewerk on Thursday 24 May 2007, 01:34:47 PM
Going live to SJP soon, ITV news or North East news, according to my brother anyway who has told me to hoy the telly on.

Surely as an unemployed Geordie it's your duty to go down there, be interviewed and embarass us to the nation.  ;)
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Gemmill on Thursday 24 May 2007, 01:35:17 PM
:lol:  What a little cockney twerp you are.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 01:35:18 PM
Look North:

Fred will turn down the offer, and is thought to be trying to hold out for a higher price
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Rob W on Thursday 24 May 2007, 01:36:32 PM
Vic is correct - FFS, you or I can buy shares from whoever wants to sell - the problem is the price has gone up from 44p to 100p
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: madras on Thursday 24 May 2007, 01:36:39 PM
Vic trying to wind people up only to get wound up himself, classic :lol:

the only people on a windup round here are the gruesome twosome

i'm having a sensible conversation and trying to inform people in these exciting times


anyway, have you heard anything back from your sources about when Allardyce was told by cashley he was making a bid?
yet again you are trying to make out people said something they didn't.

what i suggested was that allardyce could have been informed by any memeber of the nufc negotiating team that a takeover was imminent which could lead to substantial team investment.


but you know thats what i meant but have a need to spin things


wtf are you on about?

i don't have to spin that version of events to make it sound daft. why would john hall be telling sam allardyce of ashley's intentions?
how's it daft.it's an inducement to get the man you want.seems perfectly natural that he would want to know how much he may have to spend and those in the negotiations would want to sell the club to him as best they could,what better way than saying we have a major new investor (hopefully) willing to plough money into the playing side.

does it not matter to you if our manager of barely a fortnight is the man our new prospective owner wants ?(when i saw "our" i mean NUFC)

now don't try and spin it that that is what i think happened,but if the talks over halls shares were on going at that time its a possibility.

feel free to put your hyperbole into another gear.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Knightrider on Thursday 24 May 2007, 01:37:06 PM
Going live to SJP soon, ITV news or North East news, according to my brother anyway who has told me to hoy the telly on.

Surely as an unemployed Geordie it's your duty to go down there, be interviewed and embarass us to the nation.  ;)

:lol:

Will keep yous updated from my desk.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 01:37:09 PM
:lol:  What a little cockney twerp you are.

I await your essay on the machinations of hostile takeovers with baited breath

although I'm not really because I know you haven't got the foggiest and are happy to be a little bitch instead

heel!
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: ToonTastic on Thursday 24 May 2007, 01:38:06 PM
Vic is correct - FFS, you or I can buy shares from whoever wants to sell - the problem is the price has gone up from 44p to 100p

98p actually :)
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: madras on Thursday 24 May 2007, 01:39:26 PM
not many big trades this morning according to LSE,who knows what other of the major shareholders are up yo ?
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Gemmill on Thursday 24 May 2007, 01:40:15 PM
:lol:  What a little cockney twerp you are.

I await your essay on the machinations of hostile takeovers with baited breath

although I'm not really because I know you haven't got the foggiest and are happy to be a little bitch instead

heel!

Ohhhh it's a jolly 'oliday wiv Maaaryyyyyy! [/Van Dyke]
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 01:43:36 PM
Vic trying to wind people up only to get wound up himself, classic :lol:

the only people on a windup round here are the gruesome twosome

i'm having a sensible conversation and trying to inform people in these exciting times


anyway, have you heard anything back from your sources about when Allardyce was told by cashley he was making a bid?
yet again you are trying to make out people said something they didn't.

what i suggested was that allardyce could have been informed by any memeber of the nufc negotiating team that a takeover was imminent which could lead to substantial team investment.


but you know thats what i meant but have a need to spin things


wtf are you on about?

i don't have to spin that version of events to make it sound daft. why would john hall be telling sam allardyce of ashley's intentions?
how's it daft.it's an inducement to get the man you want.seems perfectly natural that he would want to know how much he may have to spend and those in the negotiations would want to sell the club to him as best they could,what better way than saying we have a major new investor (hopefully) willing to plough money into the playing side.

does it not matter to you if our manager of barely a fortnight is the man our new prospective owner wants ?(when i saw "our" i mean NUFC)

now don't try and spin it that that is what i think happened,but if the talks over halls shares were on going at that time its a possibility.

feel free to put your hyperbole into another gear.


your PROPOSED version of events doesn't stack up, you've got people talking to other people about other people's intentions over which they have no control or knowledge. No way does anyone buy a football club because they just hired manager xyz, likewise no way does a manager decide to take a new job on the possibility that a bloke he's never met or heard of might be taking over in the next few months, even moreso he doesn't do it by having negotiations with the bloke who is to be deposed

like I said back in the hyperbole: TOO MUCH X-FILES
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Montey on Thursday 24 May 2007, 01:44:22 PM
It is entirely possible for people to keep buying shares in NUFC PLC.  The shares are not under a trading freeze, indeed counter-buying is a standard tactic for a company looking to defend itself from a takeover.

For example, the EGM called for today (was it???) could be for the board to approve a share buy-back scheme.  Freddy could get agreement from the existing board, if he/his faction holds enough proxies, for the club to borrow enough money for the club to buy all remaining shares.

Additionally its also a standard practice for share day-traders to watch for take over activities, to then buy in to the stock during a take-over process on the understanding that normally where one offer exists a higher counter offer will also come to be.  So they buy in fast with the idea to sell within 72 hours and make a quick 5%-10% gain on their trade.

Having said all of that, I don't think Freddy has to the money to counter-buy himself, and I don't think its likely he would hold the proxies to have the club defend itself.  There may be some speculative day-traders that jump in on the trading for make a quick buck, but their plan is to get out quickly with a profit anyway and hence wont hold the shares for any period of time.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 01:45:00 PM
not many big trades this morning according to LSE,who knows what other of the major shareholders are up yo ?

they are waiting for their offer packs in the mail. remember, this is real life, not the X-Files
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: alex on Thursday 24 May 2007, 01:46:25 PM
Anyone remember Steve Wright's Mr. Angry?
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 01:47:04 PM
It is entirely possible for people to keep buying shares in NUFC PLC.  The shares are not under a trading freeze, indeed counter-buying is a standard tactic for a company looking to defend itself from a takeover.

For example, the EGM called for today (was it???) could be for the board to approve a share buy-back scheme.  Freddy could get agreement from the existing board, if he/his faction holds enough proxies, for the club to borrow enough money for the club to buy all remaining shares.

Additionally its also a standard practice for share day-traders to watch for take over activities, to then buy in to the stock during a take-over process on the understanding that normally where one offer exists a higher counter offer will also come to be.  So they buy in fast with the idea to sell within 72 hours and make a quick 5%-10% gain on their trade.

Having said all of that, I don't think Freddy has to the money to counter-buy himself, and I don't think its likely he would hold the proxies to have the club defend itself.  There may be some speculative day-traders that jump in on the trading for make a quick buck, but their plan is to get out quickly with a profit anyway and hence wont hold the shares for any period of time.

montey calling gemma, come in gemma
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Cronky on Thursday 24 May 2007, 01:47:56 PM
Is the problem for Freddie this -

He can obstruct Ashley from getting 75% right now, but if he wanted to obstruct Ashley from getting 51%, he'd have to make an offer for all of the rest of the shares, by stock market rules. He can't just bump up his holding from 29% to 51% and no more.

So he'd have to bid more than Ashley has offered for the whole of the rest of the shares, and he's in no position to do that. Otherwise, he'd have bought out Sir John Hall and the other institutional investors before now.

Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Knightrider on Thursday 24 May 2007, 01:48:10 PM
Vic

(http://resource.nusonline.co.uk/media/images/comic.jpg)

Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Knightrider on Thursday 24 May 2007, 01:48:55 PM
Is the problem for Freddie this -

He can obstruct Ashley from getting 75% right now, but if he wanted to obstruct Ashley from getting 51%, he'd have to make an offer for all of the rest of the shares, by stock market rules. He can't just bump up his holding from 29% to 51% and no more.

So he'd have to bid more than Ashley has offered for the whole of the rest of the shares, and he's in no position to do that. Otherwise, he'd have bought out Sir John Hall and the other institutional investors before now.



Correct.

And restated, he's screwed.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: alex on Thursday 24 May 2007, 01:49:09 PM
Is the problem for Freddie this -

He can obstruct Ashley from getting 75% right now, but if he wanted to obstruct Ashley from getting 51%, he'd have to make an offer for all of the rest of the shares, by stock market rules. He can't just bump up his holding from 29% to 51% and no more.

So he'd have to bid more than Ashley has offered for the whole of the rest of the shares, and he's in no position to do that. Otherwise, he'd have bought out Sir John Hall and the other institutional investors before now.


That's a good point and there's no way he's got that sort of lolly.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: ewerk on Thursday 24 May 2007, 01:49:11 PM
It is entirely possible for people to keep buying shares in NUFC PLC.  The shares are not under a trading freeze, indeed counter-buying is a standard tactic for a company looking to defend itself from a takeover.

For example, the EGM called for today (was it???) could be for the board to approve a share buy-back scheme.  Freddy could get agreement from the existing board, if he/his faction holds enough proxies, for the club to borrow enough money for the club to buy all remaining shares.

Additionally its also a standard practice for share day-traders to watch for take over activities, to then buy in to the stock during a take-over process on the understanding that normally where one offer exists a higher counter offer will also come to be.  So they buy in fast with the idea to sell within 72 hours and make a quick 5%-10% gain on their trade.

Having said all of that, I don't think Freddy has to the money to counter-buy himself, and I don't think its likely he would hold the proxies to have the club defend itself.  There may be some speculative day-traders that jump in on the trading for make a quick buck, but their plan is to get out quickly with a profit anyway and hence wont hold the shares for any period of time.

You sound like you know what you're talking about, I stand corrected.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Pip on Thursday 24 May 2007, 01:50:54 PM
Is the problem for Freddie this -

He can obstruct Ashley from getting 75% right now, but if he wanted to obstruct Ashley from getting 51%, he'd have to make an offer for all of the rest of the shares, by stock market rules. He can't just bump up his holding from 29% to 51% and no more.

So he'd have to bid more than Ashley has offered for the whole of the rest of the shares, and he's in no position to do that. Otherwise, he'd have bought out Sir John Hall and the other institutional investors before now.



Can't he jump up to 51% and then make an excessively low bid that he knows will be rejected by the vast majority of shareholders?
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: madras on Thursday 24 May 2007, 01:51:32 PM
Vic trying to wind people up only to get wound up himself, classic :lol:

the only people on a windup round here are the gruesome twosome

i'm having a sensible conversation and trying to inform people in these exciting times


anyway, have you heard anything back from your sources about when Allardyce was told by cashley he was making a bid?
yet again you are trying to make out people said something they didn't.

what i suggested was that allardyce could have been informed by any memeber of the nufc negotiating team that a takeover was imminent which could lead to substantial team investment.


but you know thats what i meant but have a need to spin things


wtf are you on about?

i don't have to spin that version of events to make it sound daft. why would john hall be telling sam allardyce of ashley's intentions?
how's it daft.it's an inducement to get the man you want.seems perfectly natural that he would want to know how much he may have to spend and those in the negotiations would want to sell the club to him as best they could,what better way than saying we have a major new investor (hopefully) willing to plough money into the playing side.

does it not matter to you if our manager of barely a fortnight is the man our new prospective owner wants ?(when i saw "our" i mean NUFC)

now don't try and spin it that that is what i think happened,but if the talks over halls shares were on going at that time its a possibility.

feel free to put your hyperbole into another gear.


your PROPOSED version of events doesn't stack up, you've got people talking to other people about other people's intentions over which they have no control or knowledge. No way does anyone buy a football club because they just hired manager xyz, likewise no way does a manager decide to take a new job on the possibility that a bloke he's never met or heard of might be taking over in the next few months, even moreso he doesn't do it by having negotiations with the bloke who is to be deposed

like I said back in the hyperbole: TOO MUCH X-FILES
what the f*** are you twisting here................where do i say anything about ashley only being interested if ardyce takes over,on the other hand it seems very plausable that a manager would want to know the prospective finances(villa and o'neill spring to mind).

it seems even more x-files ish that the halls would give backing over appointing a new manager,allow someone to enter talks whilst selling the club at the same time.

not my proposed version at all,i do not propose it happened,yet if the talks were under way at that stage isn't it strange that they would carry on with the appointment.

all down to the real timings of when ashley made his wants known to the halls.

thats why i was curious as to the timing of the initail talks over their holding
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Skirge on Thursday 24 May 2007, 01:52:00 PM
Freddy the panic buyer may now turn into Fred the panic lender, mind could he really borrow enough to fight Ashley ?
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 01:52:20 PM
Is the problem for Freddie this -

He can obstruct Ashley from getting 75% right now, but if he wanted to obstruct Ashley from getting 51%, he'd have to make an offer for all of the rest of the shares, by stock market rules. He can't just bump up his holding from 29% to 51% and no more.

So he'd have to bid more than Ashley has offered for the whole of the rest of the shares, and he's in no position to do that. Otherwise, he'd have bought out Sir John Hall and the other institutional investors before now.




no, Fred didn't go over 29% because he couldnt afford all shares that would require

now, he can offer £1.10 along with a partner to try and get 51%, even if he doesn't, every share he gets is one Ashley has to pay £1.10+ for
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: ToonTastic on Thursday 24 May 2007, 01:52:53 PM


Can't he jump up to 51% and then make an excessively low bid that he knows will be rejected by the vast majority of shareholders?

I believe he has to offer what he paid for the shares he purchased so he could only do that if it was someone he knew who was willing to help him who had the shares. That person also has to be willing to lose out in the cash stakes big time.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: madras on Thursday 24 May 2007, 01:53:09 PM
Is the problem for Freddie this -

He can obstruct Ashley from getting 75% right now, but if he wanted to obstruct Ashley from getting 51%, he'd have to make an offer for all of the rest of the shares, by stock market rules. He can't just bump up his holding from 29% to 51% and no more.

So he'd have to bid more than Ashley has offered for the whole of the rest of the shares, and he's in no position to do that. Otherwise, he'd have bought out Sir John Hall and the other institutional investors before now.




no, Fred didn't go over 29% because he couldnt afford all shares that would require

now, he can offer £1.10 along with a partner to try and get 51%, even if he doesn't, every share he gets is one Ashley has to pay £1.10+ for
thats what happened in the man utd buy out
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Gemmill on Thursday 24 May 2007, 01:54:37 PM
It is entirely possible for people to keep buying shares in NUFC PLC.  The shares are not under a trading freeze, indeed counter-buying is a standard tactic for a company looking to defend itself from a takeover.

For example, the EGM called for today (was it???) could be for the board to approve a share buy-back scheme.  Freddy could get agreement from the existing board, if he/his faction holds enough proxies, for the club to borrow enough money for the club to buy all remaining shares.

Additionally its also a standard practice for share day-traders to watch for take over activities, to then buy in to the stock during a take-over process on the understanding that normally where one offer exists a higher counter offer will also come to be.  So they buy in fast with the idea to sell within 72 hours and make a quick 5%-10% gain on their trade.

Having said all of that, I don't think Freddy has to the money to counter-buy himself, and I don't think its likely he would hold the proxies to have the club defend itself.  There may be some speculative day-traders that jump in on the trading for make a quick buck, but their plan is to get out quickly with a profit anyway and hence wont hold the shares for any period of time.

montey calling gemma, come in gemma

:lol:  Why is he calling me dipshit?  I didn't say that he couldn't buy shares, I said there was nothing to be gained from him ploughing money into the club when he doesn't have enough to mount a proper counter-bid.  Montey is not saying what you were saying earlier - you were talking about Shepherd, in cahoots with someone else buying up significant chunks of the club to act as a further obstacle to Ashley's takeover.  Montey is on about day traders making a quick buck.

Do you see the difference or shall I knock something up on MSPaint?
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Montey on Thursday 24 May 2007, 01:54:45 PM
Is the problem for Freddie this -

He can obstruct Ashley from getting 75% right now, but if he wanted to obstruct Ashley from getting 51%, he'd have to make an offer for all of the rest of the shares, by stock market rules. He can't just bump up his holding from 29% to 51% and no more.

So he'd have to bid more than Ashley has offered for the whole of the rest of the shares, and he's in no position to do that. Otherwise, he'd have bought out Sir John Hall and the other institutional investors before now.



Can't he jump up to 51% and then make an excessively low bid that he knows will be rejected by the vast majority of shareholders?

No, I believe that the exchange rules require a premium of a minimum 20% over the last trade at the time of the initial acquisition that takes Ashley over the compulsory offer level.  This means that if the last trade at that time was 100p he has to offer all remaining shareholders 120p for their shares.  But, he may offer more than that to induce people to sell more quickly.

However, if anyone hangs out until he owns 90%, then they have to sell no matter what, and at that point he will buy for the smallest amount he can.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 01:55:49 PM
Vic trying to wind people up only to get wound up himself, classic :lol:

the only people on a windup round here are the gruesome twosome

i'm having a sensible conversation and trying to inform people in these exciting times


anyway, have you heard anything back from your sources about when Allardyce was told by cashley he was making a bid?
yet again you are trying to make out people said something they didn't.

what i suggested was that allardyce could have been informed by any memeber of the nufc negotiating team that a takeover was imminent which could lead to substantial team investment.


but you know thats what i meant but have a need to spin things


wtf are you on about?

i don't have to spin that version of events to make it sound daft. why would john hall be telling sam allardyce of ashley's intentions?
how's it daft.it's an inducement to get the man you want.seems perfectly natural that he would want to know how much he may have to spend and those in the negotiations would want to sell the club to him as best they could,what better way than saying we have a major new investor (hopefully) willing to plough money into the playing side.

does it not matter to you if our manager of barely a fortnight is the man our new prospective owner wants ?(when i saw "our" i mean NUFC)

now don't try and spin it that that is what i think happened,but if the talks over halls shares were on going at that time its a possibility.

feel free to put your hyperbole into another gear.


your PROPOSED version of events doesn't stack up, you've got people talking to other people about other people's intentions over which they have no control or knowledge. No way does anyone buy a football club because they just hired manager xyz, likewise no way does a manager decide to take a new job on the possibility that a bloke he's never met or heard of might be taking over in the next few months, even moreso he doesn't do it by having negotiations with the bloke who is to be deposed

like I said back in the hyperbole: TOO MUCH X-FILES
what the f*** are you twisting here................where do i say anything about ashley only being interested if ardyce takes over,on the other hand it seems very plausable that a manager would want to know the prospective finances(villa and o'neill spring to mind).

it seems even more x-files ish that the halls would give backing over appointing a new manager,allow someone to enter talks whilst selling the club at the same time.

not my proposed version at all,i do not propose it happened,yet if the talks were under way at that stage isn't it strange that they would carry on with the appointment.

all down to the real timings of when ashley made his wants known to the halls.

thats why i was curious as to the timing of the initail talks over their holding

let's take the simple way

allardyce negotiated with fred

john negotiated with ashley

john did not tell freddy

john gets in trouble if he tells allardyce

Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 01:57:09 PM
Is the problem for Freddie this -

He can obstruct Ashley from getting 75% right now, but if he wanted to obstruct Ashley from getting 51%, he'd have to make an offer for all of the rest of the shares, by stock market rules. He can't just bump up his holding from 29% to 51% and no more.

So he'd have to bid more than Ashley has offered for the whole of the rest of the shares, and he's in no position to do that. Otherwise, he'd have bought out Sir John Hall and the other institutional investors before now.



Can't he jump up to 51% and then make an excessively low bid that he knows will be rejected by the vast majority of shareholders?

No, I believe that the exchange rules require a premium of a minimum 20% over the last trade at the time of the initial acquisition that takes Ashley over the compulsory offer level.  This means that if the last trade at that time was 100p he has to offer all remaining shareholders 120p for their shares.  But, he may offer more than that to induce people to sell more quickly.

However, if anyone hangs out until he owns 90%, then they have to sell no matter what, and at that point he will buy for the smallest amount he can.


the offer to all shareholders now is £1

where are you getting this 20% premium from?
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Knightrider on Thursday 24 May 2007, 01:57:43 PM
ITV just went live to SJP, basically reported that FS will fight this as has been covered by some of the papers already, but they were talking to a financial expert who says his days are pretty much numbered as Ashley only needs 51% (and not 75%) to basically sack him and should he get 51% he could also cut off FS's dividend meaning he'll get no income from NUFC.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: alex on Thursday 24 May 2007, 01:58:05 PM
The offer could have been out of the blue. It was supposedly conducted very quickly as it was a cash offer. The poster who mentioned the timing (Champions League Final day) may have had a point too.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 02:00:26 PM
It is entirely possible for people to keep buying shares in NUFC PLC.  The shares are not under a trading freeze, indeed counter-buying is a standard tactic for a company looking to defend itself from a takeover.

For example, the EGM called for today (was it???) could be for the board to approve a share buy-back scheme.  Freddy could get agreement from the existing board, if he/his faction holds enough proxies, for the club to borrow enough money for the club to buy all remaining shares.

Additionally its also a standard practice for share day-traders to watch for take over activities, to then buy in to the stock during a take-over process on the understanding that normally where one offer exists a higher counter offer will also come to be.  So they buy in fast with the idea to sell within 72 hours and make a quick 5%-10% gain on their trade.

Having said all of that, I don't think Freddy has to the money to counter-buy himself, and I don't think its likely he would hold the proxies to have the club defend itself.  There may be some speculative day-traders that jump in on the trading for make a quick buck, but their plan is to get out quickly with a profit anyway and hence wont hold the shares for any period of time.

montey calling gemma, come in gemma

:lol:  Why is he calling me dipshit?  I didn't say that he couldn't buy shares, I said there was nothing to be gained from him ploughing money into the club when he doesn't have enough to mount a proper counter-bid.  Montey is not saying what you were saying earlier - you were talking about Shepherd, in cahoots with someone else buying up significant chunks of the club to act as a further obstacle to Ashley's takeover.  Montey is on about day traders making a quick buck.

Do you see the difference or shall I knock something up on MSPaint?

same difference. all are designed to up the price and make it cost more for cashley, something you seem unable to concieve of happening. 1 day / 1 week / 1 month / 2% / 5% / 20% / partnership / unilateral - it all has the same effect
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Gemmill on Thursday 24 May 2007, 02:01:47 PM
It is entirely possible for people to keep buying shares in NUFC PLC.  The shares are not under a trading freeze, indeed counter-buying is a standard tactic for a company looking to defend itself from a takeover.

For example, the EGM called for today (was it???) could be for the board to approve a share buy-back scheme.  Freddy could get agreement from the existing board, if he/his faction holds enough proxies, for the club to borrow enough money for the club to buy all remaining shares.

Additionally its also a standard practice for share day-traders to watch for take over activities, to then buy in to the stock during a take-over process on the understanding that normally where one offer exists a higher counter offer will also come to be.  So they buy in fast with the idea to sell within 72 hours and make a quick 5%-10% gain on their trade.

Having said all of that, I don't think Freddy has to the money to counter-buy himself, and I don't think its likely he would hold the proxies to have the club defend itself.  There may be some speculative day-traders that jump in on the trading for make a quick buck, but their plan is to get out quickly with a profit anyway and hence wont hold the shares for any period of time.

montey calling gemma, come in gemma

:lol:  Why is he calling me dipshit?  I didn't say that he couldn't buy shares, I said there was nothing to be gained from him ploughing money into the club when he doesn't have enough to mount a proper counter-bid.  Montey is not saying what you were saying earlier - you were talking about Shepherd, in cahoots with someone else buying up significant chunks of the club to act as a further obstacle to Ashley's takeover.  Montey is on about day traders making a quick buck.

Do you see the difference or shall I knock something up on MSPaint?

same difference. all are designed to up the price and make it cost more for cashley, something you seem unable to concieve of happening. 1 day / 1 week / 1 month / 2% / 5% / 20% / partnership / unilateral - it all has the same effect

Stick to the lego mate, eh?  Not "the same difference" at all.  One is an obstacle to takeover, the other isn't.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Montey on Thursday 24 May 2007, 02:02:00 PM
It is entirely possible for people to keep buying shares in NUFC PLC.  The shares are not under a trading freeze, indeed counter-buying is a standard tactic for a company looking to defend itself from a takeover.

For example, the EGM called for today (was it???) could be for the board to approve a share buy-back scheme.  Freddy could get agreement from the existing board, if he/his faction holds enough proxies, for the club to borrow enough money for the club to buy all remaining shares.

Additionally its also a standard practice for share day-traders to watch for take over activities, to then buy in to the stock during a take-over process on the understanding that normally where one offer exists a higher counter offer will also come to be.  So they buy in fast with the idea to sell within 72 hours and make a quick 5%-10% gain on their trade.

Having said all of that, I don't think Freddy has to the money to counter-buy himself, and I don't think its likely he would hold the proxies to have the club defend itself.  There may be some speculative day-traders that jump in on the trading for make a quick buck, but their plan is to get out quickly with a profit anyway and hence wont hold the shares for any period of time.

montey calling gemma, come in gemma

:lol:  Why is he calling me dipshit?  I didn't say that he couldn't buy shares, I said there was nothing to be gained from him ploughing money into the club when he doesn't have enough to mount a proper counter-bid.  Montey is not saying what you were saying earlier - you were talking about Shepherd, in cahoots with someone else buying up significant chunks of the club to act as a further obstacle to Ashley's takeover.  Montey is on about day traders making a quick buck.

Do you see the difference or shall I knock something up on MSPaint?

Your kinda both right.  Yeah I was talking about day-traders in one instance who might have a reason to buy in to NUFC shares right now, speculating that the buy price will go up further either from Ashley wanting to buy quickly or through a counter offer being made to the market (a very common thing, watch the upcoming offers to buy out British Airways to see what I mean).

I was also saying that technically Shepherd, a Freddy led consortium, or the club itself could continue buying.

But I do agree with Gemmill, in that I don't believe Freddy will bother trying to counter offer against the Ashley takeover bid.  Firstly I don't think he could raise the cash, secondly I don't think anyone would sell to Shepherd, thirdly Freddy would have to buy at a price higher than Ashleys acquisition and would get forced to a point where he has to offer Ashley money.

In this last scenario some indicative numbers would be:
- Ashley buys 42% at 100p
- Ashley forced to offer remaining 58% 120p due to 20% premium rule.
- Shepherd wants to counter offer, so has to buy enough shares to get over 51% himself, meaning a likely minimum buy price of 130p.
- If Shepherd successful in increasing his holding he is now forced to offer to rest of market at 20% premium, that being roughly 156p.
- Shepherd now forced to buy Ashley's shares at 156p when Ashley bought for 100p, meaning 56% profit for Ashley.

There is no way Freddy could afford that, and no way his fat ego could stomach giving Ashley 56% profit on purchases he only made 24 hours ago.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: alex on Thursday 24 May 2007, 02:02:56 PM
What a f***ing dull thread this is now btw. Mission accomplished Steve :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Newcastle Fan on Thursday 24 May 2007, 02:03:22 PM
Ashley/Shepherd as Co-owners..
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Knightrider on Thursday 24 May 2007, 02:03:23 PM
FS is doomed, he knows it, the city expert on ITV knows it, we all know it. Except Vic :lol:
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Montey on Thursday 24 May 2007, 02:03:25 PM
ITV just went live to SJP, basically reported that FS will fight this as has been covered by some of the papers already, but they were talking to a financial expert who says his days are pretty much numbered as Ashley only needs 51% (and not 75%) to basically sack him and should he get 51% he could also cut off FS's dividend meaning he'll get no income from NUFC.

Just wanted to point out this is what I was saying this time yesterday (or there abouts).  :-P
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: madras on Thursday 24 May 2007, 02:03:36 PM
Vic trying to wind people up only to get wound up himself, classic :lol:

the only people on a windup round here are the gruesome twosome

i'm having a sensible conversation and trying to inform people in these exciting times


anyway, have you heard anything back from your sources about when Allardyce was told by cashley he was making a bid?
yet again you are trying to make out people said something they didn't.

what i suggested was that allardyce could have been informed by any memeber of the nufc negotiating team that a takeover was imminent which could lead to substantial team investment.


but you know thats what i meant but have a need to spin things


wtf are you on about?

i don't have to spin that version of events to make it sound daft. why would john hall be telling sam allardyce of ashley's intentions?
how's it daft.it's an inducement to get the man you want.seems perfectly natural that he would want to know how much he may have to spend and those in the negotiations would want to sell the club to him as best they could,what better way than saying we have a major new investor (hopefully) willing to plough money into the playing side.

does it not matter to you if our manager of barely a fortnight is the man our new prospective owner wants ?(when i saw "our" i mean NUFC)

now don't try and spin it that that is what i think happened,but if the talks over halls shares were on going at that time its a possibility.

feel free to put your hyperbole into another gear.


your PROPOSED version of events doesn't stack up, you've got people talking to other people about other people's intentions over which they have no control or knowledge. No way does anyone buy a football club because they just hired manager xyz, likewise no way does a manager decide to take a new job on the possibility that a bloke he's never met or heard of might be taking over in the next few months, even moreso he doesn't do it by having negotiations with the bloke who is to be deposed

like I said back in the hyperbole: TOO MUCH X-FILES
what the f*** are you twisting here................where do i say anything about ashley only being interested if ardyce takes over,on the other hand it seems very plausable that a manager would want to know the prospective finances(villa and o'neill spring to mind).

it seems even more x-files ish that the halls would give backing over appointing a new manager,allow someone to enter talks whilst selling the club at the same time.

not my proposed version at all,i do not propose it happened,yet if the talks were under way at that stage isn't it strange that they would carry on with the appointment.

all down to the real timings of when ashley made his wants known to the halls.

thats why i was curious as to the timing of the initail talks over their holding

let's take the simple way

allardyce negotiated with fred

john negotiated with ashley

john did not tell freddy

john gets in trouble if he tells allardyce


sounds like "soap"


how about this also.


mike talking to john

mike tells john i'd like allardyce when i take ove"

john tells fred "we should get allardyce to take over".



the official line is talks didn't take place till after sams appointment,i have no reason to doubt this.it just seemd last night the timing was a little too convenient.

it happened at villa
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: madras on Thursday 24 May 2007, 02:04:45 PM
FS is doomed, he knows it, the city expert on ITV knows it, we all know it. Except Vic :lol:

you c***,you have me defenmding vic......................he's putting over that it may be as quick and clearcut as it may appear,remember how the man utd deal got dragged out.
Title: Re: Mike Ashley buys Sir John Hall's shares
Post by: Invicta_Toon on Thursday 24 May 2007, 02:06:55 PM