Newcastle Now Private – Will Funds be Available?


Newcastle United have been delisted from the Stock Exchange following businessman Mike Ashley’s £133M take-over of the club.

This follows the announcement by St James Holdings Limited on 15 June 2007 that its offer for all of the issued and to be issued share capital of the Company had been declared unconditional in all respects.

mikeashley-2.jpg

New Newcastle United Owner Mike Ashley

A statement to the Stock Exchange read:

“The directors of Newcastle United PLC wish to announce that, following an application to the UK Listing Authority, the listing of the company’s ordinary shares of 5p each on the Official List has been canceled and the shares have ceased trading on the London Stock Exchange, in each case with effect from 8am this (Wednesday) morning.”

News of the delisting was really a formality after Mr Ashley’s stake in the club passed the 90% level. Last week, Ashley announced that he had amassed a 94.5% stake in the club, and also indicated he would extend his share purchase offer to remaining shareholders until August.

The takeover – when compared to other takeovers that have recently been executed – has been very professionally carried out. Now that Mike Ashley officially owns the club we hope that any transfer funds manager Sam Allardyce requests – to bring in the additional three defenders he needs – is quickly given to him.

When you take a look at the squad on duty last night at Hartlepool – and add in the good players that didn’t even play – like Viduka, Taylor, Geremi and Emre – the squad is starting to look quite strong. With the addition of 3 good defenders the squad will become very strong and bigger in number than last year – with some of the youngsters starting to challenge to become part of the first team squad.

But it is still very important that Sam complete his rebuilding as soon as possible – so we are fully prepared for the first game at Bolton on 11th August – a short 3 weeks come Saturday.

Comments always welcome.



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38 comments so far

  • valle

    Jul 18, 2007 at 10:53 AM

    Comment #1

    As far as i understand it, the funds have been available all the time. Problem is that Mort is a little to slow on the trigger. I hope something will happen soon tho, as we really need to keep this good vipes going.

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  • P.collins

    Jul 18, 2007 at 10:58 AM

    Comment #2

    Surely there must be funds available without Ashleys money so why are’nt we being active in the market are we just waitng to see what the other teams have left i no we should’nt panic buy but the size of our squad is taking the piss, a couple of serious injuries early on this season does’nt bare to think about we need cover in all areas!

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  • TOON1

    Jul 18, 2007 at 10:59 AM

    Comment #3

    Hope big sam now has the go-ahead to pin point his targets,and lets go and make a statement to all the premiership,3/4 defenders,and a world star eg riquelme or deco.

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  • SØREN JENSEN

    Jul 18, 2007 at 11:00 AM

    Comment #4

    WE NEED DEFENDERS.
    RAMAGE, HUNTINGTON ETC. ARE JUST NOT GOOD ENOUGH AND EXPERIENCED ENOUGH. STAY CLEAR OF QUEDREAU HE IS SO RED CARD PRONED THAT IT WILL COST US AND BESIDES NOT A GOOD ENOUGH PLAYER
    COME ON TOON

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  • Kash

    Jul 18, 2007 at 11:03 AM

    Comment #5

    I’ve noticed that the whole transfer market has really slowed down lately. There haven’t been many rumours nor many signings since most teams returned for pre season. Let’s see if it picks up once the first bout of friendlies are over!!!!!

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  • Craig Allen

    Jul 18, 2007 at 11:03 AM

    Comment #6

    interesting article on sky re: Queudrue

    http://home.skysports.com/list.aspx?hlid=477395&CPID=8&clid=54&lid=4163&title=Queudrue:+Magpies+move+tricky&channel=

    looks like neither here or there at this moment tho’

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  • Chris F

    Jul 18, 2007 at 11:09 AM

    Comment #7

    sam never wanted quedrue, he’s said so himself. clearly another case of an agent wanting more money and using us as a means to his end for getting his player a transfer.

    as for money, i think ashley has been holding back the cash for a while, while mort carried out this strategic review of the club, which is fair enough if you ask me, it is his money after all.

    plus, there’s the fact that even tho he was the majority owner, while the club was still listed on the LSE, we were still governed by PLC rules and business practices, which really are just a hindrance for a business such as a football club.

    i’d like to think that now we’re de-listed, mort has had a couple of weeks to have a good look at the club and we’ve got our first friendly out of the way that we’ll push on and make the signings we need in the next fortnight or so.

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  • Ed Harrison

    Jul 18, 2007 at 11:20 AM

    Comment #8

    Chris – hope so !

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  • Ed Harrison

    Jul 18, 2007 at 11:22 AM

    Comment #9

    P.collins – good point – don’t know the answer.

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  • Nick

    Jul 18, 2007 at 11:23 AM

    Comment #10

    Attracting talent would entail playing in Europe … I guess that would have been the reasons we have been unable to attract players to sign on. In any case after much thought, I realize that there isn’t really much cause for panick as I am sure BS will get around to signing some quality players before the transfer window closes. However, I don’t really think that the availability of funds has been the issue more likely the reverse. Agents and players know money is available and may be holding out in the hopes of better wages. Well good luck to those, because I do not think the present board and manager are likely to cave. 🙂

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  • col

    Jul 18, 2007 at 11:24 AM

    Comment #11

    dont panic, the end of august is a good bit away yet, the deadline for transfers. we already have a number off quality signings so far, and i rekon 2 or 3 more quality defenders will arrive soon..as for the money, there is shed loads of it to spend, after all, we dont want silly money being spent on rubbish players, ” hello mr souness”….as for the world class signing that is being talked about, well thats anybodys guess. if you asked me for a name, i would have a go at trying to get ”riquelme”…touch of class there.

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  • paul p

    Jul 18, 2007 at 11:41 AM

    Comment #12

    i hope that this is the sign that we can now make active moves in the market. to me it is and I think we will see new players arrive. We are so so short of centre halves, as last night proved, and a right and left back is well needed. If we are to push on for europe, we need better players than ramage, carr, huntingham although the latter is one for the future. rozenhal looked accomplished last night, but i think we still need 2 players with world experience to develop both him and taylor.canavarro and richard dunne?? oh by the way, joey barton, he is going to be a hero that fella and a big player for us. the fans have took to him already.!!! left back has to be either heinze, abidal, baines or shorey, right back is a must after steven carr got butchered off a 2nd division player, thats bad. fanni, young, alvez or nelson for that position for me. I still think somewhere down the line we are going to sign a big big world top player. i just have a feeling, after all, this is newcastle united we are talking about so anything can happen as we have seen over the years.

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  • Chris F

    Jul 18, 2007 at 11:56 AM

    Comment #13

    Paul – Richard Dunne?

    can i have some of whatever you’re on 😉 the gy’s decent, but wouldn’t improve our defence one bit.

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  • aaron d

    Jul 18, 2007 at 12:01 PM

    Comment #14

    Abidal has signed for barcelona so no chance there. Alvez no chance either. Shorey looks a safe bet in my opinion, he can cut it in the premiership, is fairly young and would cost around £6, buying a quality left back from the contenient would cost double that. Right back maybe Finnan or this Fanni. Centre backs would love to see Cannavaro and Barzagli sign, then that would be a quality defence, (Cannavaro, Barzagli, Rozehnal, Taylor, Carr, Finnan, Shorey, Ramage, Huntington).
    Hope we sign a big name player to Riquleme.

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  • Shaun

    Jul 18, 2007 at 12:07 PM

    Comment #15

    If I remember right there was a report weeks ago, that after Ashley bought the club funds would be made available from the 18th July. That report so far as the Date seems correct, now lets see what Sam can do with a truck load of cash.

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  • paul p

    Jul 18, 2007 at 12:18 PM

    Comment #16

    richard dunne was one of the highest scoring defenders in the fantasy football league last season and the season before, better than what we have at the minute, but to be fair, not what we or i want to see like. ad like to see a defnece of cannavaro, rozenhal, taylor, baines, barzagli, fanni, young, ramage, huntington. and even ledley king could be an option. ad love to see riquelme, but he wotn leave argentina because of his kids as they are settled. so who else is out there that would make us a better team and who would come.

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  • nightfall

    Jul 18, 2007 at 12:26 PM

    Comment #17

    riquelme? smith? deco? gudjohnsen? forget those… what about adrian mutu? we all know what he can do… if we’re planing to buy forward, he should be our 1st choice… – has premiership experiences, serie a player of the year – so he played better then kaka, totti, gattuso, pirlo, zlatan,etc. etc…. he made some mistakes in the past, but came back…better then ever…+ we have sam…

    comments?

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  • Pete

    Jul 18, 2007 at 12:28 PM

    Comment #18

    we dont need a striker, even if oba goes

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  • aaron d

    Jul 18, 2007 at 12:51 PM

    Comment #19

    yeah don’t really need a striker at the moment, can’t really see Martins leaving either.
    What about Diego of Werder Bremden?
    Thuram of Barcelona? Will be be a first team player this season with Miltio and Abidal signed.
    Thiago Motta of Barcelona? think available on a free transfer.
    Javi Navarro of Sevilla?
    Giorgio Chiellini of Juventus?
    Stephen Appiah of Fenerbache?
    Vincent Kompany of Hamburg?
    Van Der Vaart of Hamburg?

    Pavon has signed for Zaragoza on a free from Real Madrid, he’s a defender we should of gone for.

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  • P.collins

    Jul 18, 2007 at 12:57 PM

    Comment #20

    So Pete if martins left and we never purchased another forward could you guarantee a full season with owen and viduka and ameobi doing the buisness. I think not word has it viduka is carrying an injury at the moment and i can’t see the other two playing to the next window without getting injured. It better to have more cover than less. But everyone is entitled to an opinon.

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  • Ed Harrison

    Jul 18, 2007 at 1:03 PM

    Comment #21

    col – that’s a good sensible comment – we do tend to panic a bit – but that’s because of the drought over the last 38 years probably. We’re really in pretty good shape – 4 good players in for 1.5M – we just need 3-4 more – and 6 weeks to get them. Our first team – with the players we have now must look good. We need LB though – quickly – Shorey!

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  • paul p

    Jul 18, 2007 at 1:26 PM

    Comment #22

    i wud defo take kompany and van der vaart like. that navarro, he’s the one who is banned from football for fighting aint he, so there’s no point signing him is there ha!! appiah, he’s quality as well, so ad av him. diego is class and wud be a marvo signing for us as well.

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  • JB

    Jul 18, 2007 at 1:37 PM

    Comment #23

    Given / Harper
    (Krull)

    Geremi / Solano Taylor / ??? Rozehnal / ??? ??? / ???
    ( Carr / Edgar / Huntington / Ramage / Babayaro)

    Milner / ??? Butt / Dyer Barton / Emre N’Zogbia / Duff
    (Luque / Troisi / Pattison / LuaLua)

    Viduka / Ameobi Owen / Martins
    (Carroll)

    So there’s my sketch of the 4-4-2 setup for the coming season. You can see that I think we still need 2 central defenders and 2 left backs. The lads we have as further backup, including Ramage) still need a lot of development to be capable, reliable Premiership players. I’m not sure about Carr’s fitness and was commented on by Allerdyce recently. Besides that, is he capable enough? Solano is a veteran now in his last year and looks to be going into a versatile utility role. I have put him ahead of Carr at right back.

    As for the midfield, I think we need another dedicated right winger as Dyer is a better inside right. I also think we could strengthen with another holding midfielder, although Geremi is meant to be able to ‘fill’ that position. I’m optimistic that Luque will improve greatly but for now he’s a developing player.

    The strike force is formidible and all we need is an assurance from Martins that he’s prepared to stay and fight for the right to strike!

    So… in an ideal world I would like:
    1 right back
    2 central defenders
    2 left backs
    1 right winger
    1 holding midfielder

    Comments please.

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  • JB

    Jul 18, 2007 at 1:42 PM

    Comment #24

    Given / Harper
    (Krull)

    Geremi / Solano —— Taylor / ??? —— Rozehnal / ??? —— ??? / ???
    ( Carr / Edgar / Huntington / Ramage / Babayaro)

    Milner / ??? —— Butt / Dyer —— Barton / Emre —— N’Zogbia / Duff
    (Luque / Troisi / Pattison / LuaLua)

    Viduka / Ameobi —— Owen / Martins
    (Carroll)

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  • Howie

    Jul 18, 2007 at 2:04 PM

    Comment #25

    RB- Luke Young/Rod Fanni = 3m
    CB- Barzagli = 11m
    LB -Shorey/Maybe a cheap foreign LB aswel to provide competition= 6m
    Total=20m
    Happy Days

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  • JP from The Rock of Gibraltar

    Jul 18, 2007 at 2:04 PM

    Comment #26

    AARON D – Good names mentioned there, those are the types of players I would go after if I were Big Sam. I still can’t believe that we didn’t sign Javier Saviola for free a year ago when we had our striker crisis. Letting that one slip through our fingers, to me is extremely bad business. I just hope that with Big Sam as our boss those mistakes never occur again! Shame about Raul Bravo though he could have improved our defence also. Get Shorey in before it’s too late! Get rid of Babayaro and Carr pleeeease- They Suck!

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  • paul p

    Jul 18, 2007 at 2:31 PM

    Comment #27

    given, harper, krull

    taylor, rozenhal, cannavaro, mexes, davies, young, fanni, shorey, ramage, huntington, kompany

    geremi, milner, xavi, barton, gattusso, diarra, van der vaart, diego, nzogbia, duff, riquelme, dyer, joaquinn

    owen, martins, viduka, ameobi, messi, castello, eto-o

    verdict…. yessssss!!! haha!!

    just imagine if we had this squad. !!!!!

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  • P.collins

    Jul 18, 2007 at 2:47 PM

    Comment #28

    Paul p could you tell me were you purchase your Glue cause i’d like a sniff!

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  • paul p

    Jul 18, 2007 at 2:57 PM

    Comment #29

    hahaha!!! 🙂

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  • nightfall

    Jul 18, 2007 at 3:01 PM

    Comment #30

    be realistic…
    we should swap emre for appiah
    buy colloccini for 4 mio…he’s a strong, tall, experienced defender…and cheap
    buy LB (baines, shorey, riise)
    buy fanni
    and another CB (c.davies, alex, heitinga, berzagli, de jong,…)
    and if we really are planning to buy another AM/FC i’d go after mutu (serie A player of the year with premiership experiences)…

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  • Danger Mouse

    Jul 18, 2007 at 4:09 PM

    Comment #31

    Some good suggestions there for defenders, I would take any of Barca’s outcasts especially Marquez but Sam has said he wants 3 defenders with prem experience.

    Not sure about Dunne, hes a good player but…. He played along side Dystin (who everyone rates), richards (future perenial England defender) and Ball (better than Babs) and their defence was worse than ours! If we’re going back to City I’d be after Micah.

    Finnan is quality, very underrated and no way Rafa is letting him leave.

    So 3 from the prem, any guesses/suggestions?

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  • Arthur Prince

    Jul 18, 2007 at 5:22 PM

    Comment #32

    Ed- any news on Fanni ?

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  • Geordieboy

    Jul 18, 2007 at 5:49 PM

    Comment #33

    sam will get his targets even tho we aren’t in europe bcause of whats happening at the club at the min very exciting times. Mr Ashley must of knew what kind of price barca would ask 4 to sell ronaldinho shoes he’s ready to spend big. Sam will get his targets and we have a new signing in luque watch him produce hi la liga form under big sam suxch a motivator he is and having owen bk wanting to be skipper can only be great for the club as he is englands no 1 striker. Alls i can say is i would hate to be a makem or a smoggy at the min struggling to fill stadiums and watching the toon now turn into the european powerehouse its always promised to be !!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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  • dave bulman

    Jul 18, 2007 at 9:08 PM

    Comment #34

    i agree hopefully funds made available,barzagli would be excellent signing,who cannavaro rates as the next big italian defender which says alot.unfortunately sam doesnt seem too keen as he said he wants experienced premiership players,but look what carvalho done for chelsea,vidic for man utd.would like to buy some young talent like shorey or baines or curtis davies who wants to leave west brom.we have potential there just need a few more good signings,not just free or cheap.time to splash out and buy big names and big game players and the best of the youth like spurs are doing,gareth bale for example.fans need to give time for team to build this season and gel together,not to expect too much.i think barton should be made captain and will become a hero at the toon,he will give everything.exiting times ahead hopefully,one thing for sure we will be a harder team to beat,get rid of carr and babyaro

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  • gboy

    Jul 19, 2007 at 12:23 AM

    Comment #35

    SØREN JENSEN why are you shouting?

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  • Darren

    Jul 19, 2007 at 1:05 AM

    Comment #36

    You lot have been on champman too much!

    Why not email Newcastle and ask for a job as chief scout?

    Most of the names mentioned are obviously good signings – trouble is most of them obviously wouldn’t come here.

    You are talking about real life people, they have to agree to up sticks and move them and their families here, it is not like a pc game, just let SA get on with it – his signings so far seem decent and with six weeks left of the transfer window we have plenty time yet to bring in players.

    I too could name a nice squad I’d like to see Newcastle start the season with – trouble is George Best is dead & Pele is too busy selling hard-on tablets.

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  • Phil P

    Jul 19, 2007 at 10:23 AM

    Comment #37

    Haha right on Darren exactly what i was thinking 😛 would love shorey though, after that its upto you Sammy!

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  • Ged

    Jul 19, 2007 at 11:31 PM

    Comment #38

    Don’t you just love all this speculation about new signings?….it’s like playing poker…..noone really knows what’s going on but you keep hoping for that big hand!…… I certainly think we have a realistic chance of signing the likes of Shorey but some of the names mentioned tonight are merely pipedreams when we are faced with a lack of european footie. I too would love to see Riquelme but I thought he had returned to Argentina (River Plate or Boca Juniors?) and some of the other ‘names’ are destined for Champions League clubs not the Toon. If we can get a good LB, RB and centre half then we’ll give it a real go this year but if we don’t then we’ll finish outside the top 6 again!I’m sure our new owner appreciates that, so let’s see him splash the cash or we’ll have another mediocre season.

    What’s the view on selling Dyer??

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