Shepherd Preparing Takeover with USA and Middle-East Backers


The Sunday Sun is reporting today that former Chairman Freddy Shepherd is in talks with investors from the USA and the Middle East – who have plenty of money to meet Ashley’s asking price – or so we are told.

freddy-shepherd1

Freddy Shepherd – in talks with financial investors

But do we really want Shepherd back as Chairman?   That would be like going from the frying pan into the fire – again.

We assume Freddy doesn’t think that if Newcastle get relegated, he’ll be able to pick up the club for  a low price of around £90M, which would be what they are worth – because Ashley will simply not sell and lose over £160M in the deal over less than two years.

It’s like if you buy shares for £100 and they drop to £30 – if you don’t sell you don’t lose – and hope the stock will go back up in price as they usually do. It’s the same thing with Newcastle as far as Ashley is concerned. It’s a huge investment of £260M for him.

While Freddy may think (more likely hope) Ashley will sell – he’s not that daft.

Good businessmen just don’t participate in that kind of financial suicide – that’s only one reason they are good businessmen.

A spokesman “on the inside” said:

“Shepherd and his fellow investors have been closely monitoring Newcastle’s position, and know there would be two prices for the club, depending on whether they stay up or go down,”

“But the people we are talking about would be able to finance a deal given either scenario.”   “And their intention is to provide funding to keep Alan Shearer at Newcastle.”

“The people Shepherd has spoken to are in a different financial league.”

Of course if we do go down, which now seems more than likely – Ashley will have his own significant problems, and if he is not willing to support Shearer in what he wants to do – Shearer will leave and Ashley will be forced to get out of   Toon by the Newcastle supporters.

He’ll not have much choice – because he will be seen as having decimated a proud club within two years, by his total ineptitude at running a football club. Books will be written about it.

However, we will take this story about Shepherd and his financial backers, with a rather large pinch of the old salt.

So Alan will have a decent negotiating advantage with Mike – and news of a takeover could apply the necessary pressure on Ashley to do the right thing.

The right thing after all – is what’s best for Newcastle United.


28 comments so far

  • Norn Iron Magpie

    May 17, 2009 at 12:13 PM

    Comment #1

    Was there not take over talk in last weeks sunday papers as well? No way to fat freddy.

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  • AngerOfTheNorth

    May 17, 2009 at 12:13 PM

    Comment #2

    Shepherd did way too much damage last time and shouldn’t be let near the club.

    Then again, this is the Sunday papers so is 99% certain to be utter rubbish.

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  • Kelvin Koogan

    May 17, 2009 at 12:14 PM

    Comment #3

    Please don’t be true.

    Our relegation this year will be the result of inept ownership from both fat Fred and fat cashly. Actually the Toon have never had a decent owner in their entire history.

    We deserve this, its payback for our treatment of Bobby, I’m not just talking about our tragically hopeless board, the fans also have a lot to answer for.

    We are falling and it could be many a year before we turn around. But it could well cleanse this club of its filth and will therefore not be a bad thing

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  • Kelvin Koogan

    May 17, 2009 at 12:18 PM

    Comment #4

    PS ed, this blogsite has become a joke, how many more pop-ups and other advertiseing crap do you think you could get on here?

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  • Ed Harrison

    May 17, 2009 at 12:20 PM

    Comment #5

    Kelvin – I don’t force anybody to come to this site. It’s purely your choice – if I felt like you I probably wouldn’t bother coming here again.

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  • Girth

    May 17, 2009 at 12:24 PM

    Comment #6

    hahahahahaha@ Ed
    miaoowwwwww 😀

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  • Nick 69

    May 17, 2009 at 12:24 PM

    Comment #7

    why are you so sure he wudnt be ‘stupid’ enough to take a 160mil loss, afterall he has lost over 1 billion of his wealth since takin over us

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  • AngerOfTheNorth

    May 17, 2009 at 12:31 PM

    Comment #8

    Kelvin – the site needs advertising to survive. If you fancy paying a subscription I’m sure Ed could get rid of the adverts for you. Until then, stop complaining.

    There is always a possibility that he might sell – a clever investor knows that even when their stock drops in value, it might be worth selling at the bottom if they think that investing the remaining capital in something else will get them their money back quicker.

    Still can’t see it though.

    Either way, if we do go down, Ashley will have to put a large lump sum into adding to the squad and keep Shearer at the club. Anything short of that and we’re staying down for a long time.

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  • Wigaz

    May 17, 2009 at 12:34 PM

    Comment #9

    I would take this over Ashley & the cockney mafia anyday of the week. Yes FFS made mistakes in the past but was he really worse than Ashley? did we get relegated under FFS? Lets reserve judgement till next sunday eh. If we stay up we need mass investment to totally gut the squad & start again. I think if the funds were there Alan would get rid of most of them.

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  • Little Willie

    May 17, 2009 at 12:53 PM

    Comment #10

    afterall he has lost over 1 billion of his wealth since takin over us

    ———

    Because of the economy which is completely different, he still owns the same shares it’s just the value of them has gone down like it has with most businesses.

    As for the story in the Sunday Sun, Shepherd is an attention whore and I don’t see anyone trusting him with their money, also if they are out there with the money to buy us if we stay up then why didn’t they come in for us around November when the club was actively looking for a buyer?

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  • Toonaholic

    May 17, 2009 at 12:53 PM

    Comment #11

    ally agree with u wigaz, plus if these US and middle east investors are as rich as they sound, then it could be a good thing, shepherd wasnt scared to splash the cash before and if he can get these investors to splash the cash on the team then y nnot, who knows what kind of talent shearer could attract with the right funding.

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  • Fans Should Own The Club

    May 17, 2009 at 12:54 PM

    Comment #12

    Freddy Shepherd’s idiocy is what started us on this path to ruin.

    If we’re relegated, the price will drop a lot and that will be the first real chance for a fan ownership drive.

    I don’t have much money or the business and legal knowledge of how to do it, but I would gladly pay a reasonable amount of money for a membership and voting rights on the board of NUFC… and I live in New York and have never even been to Newcastle.

    I imagine there are at least 100,000 Geordies and Newcastle fans with some money they’d be willing to invest in the team.

    What if it could be done with a yearly membership of, let’s say, 100 quid, and with that you’d get one vote in club matters?

    I wonder how many would go for it.

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  • Little Willie

    May 17, 2009 at 12:57 PM

    Comment #13

    Either way, if we do go down, Ashley will have to put a large lump sum into adding to the squad and keep Shearer at the club. Anything short of that and we’re staying down for a long time.

    —–

    So our squad isn’t good enough for the Championship now? Lets stay realistic over this the championship is sub standard with the likes of Wolves and Birmingham coming up comfortably.

    How many of their players would get into our starting 11?

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  • Nick D

    May 17, 2009 at 1:28 PM

    Comment #14

    Ah dear old Freddie, the man who sacked SBR and appointed a succession of failed ” British ” managers and set up stupid deals like £110K a week for Owen.

    Shepherd never splashed his own cash like Ashley has, but like Ashley Freddie knows nothing about football.

    Shepherd would have driven us in to administration sooner or later, spending our cash not his and getting players on the never never, which we are still suffering for years later a la Leeds.

    Shepherd ran this club in to the ground and how he has the gall to keep coming back when he robbed the club blind and walked away with 40M is a shameless embarrasment and disgrace.

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  • Nick D

    May 17, 2009 at 1:30 PM

    Comment #15

    kelvin – a joke site with a record number of hits !!!!!!

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  • geordie deb

    May 17, 2009 at 3:15 PM

    Comment #16

    Nick D post 14

    Spot on regarding FFS. How anyone thinks this kind of story could be a good thing needs their head examining IMO.

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  • jonny

    May 17, 2009 at 3:26 PM

    Comment #17

    have to agree with kelvin, this site has gone downhill rapidly in the last couple of months. im all for advertising, but when you get a pop up appearing on every single page which takes an age to load it gets ridiculous, no other site has such a massive amount of advertising.

    the content has also slipped as well, its stupid how petty you get ed, while many of us have been trying to keep the faith, after the portsmouth match you were saying it was almost certain we would go down, criticising everyone and anything to do with the club, then after the boro game you had changed your mind completely again and stating we had a great chance of staying up!

    and before people say if you dont like it, lump it dont worry i wont be returning,and i think a lot of people wont be coming back over the last couple of months to what used to be a very very good site which wasnt ruined by exaggerated personal opinions and exploitative advertising.

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  • TERRYHIBBETONTHEWING

    May 17, 2009 at 3:49 PM

    Comment #18

    ED.
    After Monday night I had hoped to end my BLOG sabattical on a positive note,but I decided to wait ’til after the Fulham game.It looks as though the FAT LADY is clearing her throat and next Sunday we will be enjoying Coke.However,with this club and support we might yet turn things around!!.As for Mike Ashley and his tenure at NUFC,there was a good article in the Sunday Mail last week by Sir Bobby Robson,which basically covered Ashley’s failings and Sir Bobby was quite generous in his feelings/support for Mike Ashley,which most of the Geordie cognoscenti perhaps don’t share.I’m surprised to state this,but if Ashley gets his act together and gives Shearer, carte blance all things NUFC then maybe he still has a place as owner of Newcastle United Football Club..As some folks have already alluded to,Freddy Shepherd’s reign as chairman wasn’t particularly great and the downward spiral started with him and the departure of Sir Bobby, (5th place wasn’t good enough) !!.HOWAY THE LADS!!!.

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  • harry861

    May 17, 2009 at 4:12 PM

    Comment #19

    He’s one of reasons for starting this mess were are in. NO NO NO. Best forgotten . He hired far too many managers

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  • Sav

    May 17, 2009 at 4:47 PM

    Comment #20

    Are you sure these aren’t more Fake Sheiks, Freddie Boy?
    Be sure and take a look under the hem of their robes for worn-down journo rubber heels this time.
    Freddie is like the Toon’s bunny-boiler – he can’t take it in that its OVER!

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  • Rodzilla

    May 17, 2009 at 5:03 PM

    Comment #21

    This story is utter codswallop. Ahhh, good old Sunday papers – how we luvvem!

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  • Stuart79

    May 17, 2009 at 8:33 PM

    Comment #22

    It might not be as made up as we think.

    I’ve heard him say it that he was approached by numerous consortiums to front a deal to buy Ashley out.

    Now I know many on here are against FFS but if this is true it truly is GREAT NEWS!

    If people are prepared to put serious cash into the club than I don’t give a flying fck who the chairman is.

    Ed, you said that Ashley won’t take a loss on the club because he’s not stupid.

    Well ya right he isn’t stupid and he knows that if we go down we will lose a hell of a lot of players and he will need to invest serious cash into buying new players.

    If he doesn’t invest we may well go down another division and then he will seriously be out of pocket!

    Now we all agree that he won’t invest any money if we go down so I would be amazed if he was to risk the club going down another division.

    If he gets an offer he’ll snatch their bloody hand off!

    Heres hoping anyway!

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  • Rodzilla

    May 17, 2009 at 8:39 PM

    Comment #23

    …ain’t gona happen Stu

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  • Stuart79

    May 17, 2009 at 8:50 PM

    Comment #24

    Would you rather lose 100 million o 200 million?

    If he gets an offer he will be gone!

    Do you think Ashley really needs this hassle? His own fortune is falling through the floor and his other business interests are really enjoying brillaint success at the minute.

    H

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  • Rodzilla

    May 17, 2009 at 9:34 PM

    Comment #25

    Stuart, if you have a hundred quid in a sinking ship, when that ship is worth a grand – you keep the fker afloat!

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  • NicoGF

    May 17, 2009 at 10:53 PM

    Comment #26

    comment 5,

    Well said hahaha. OWNED.

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  • Tom_Toon

    May 18, 2009 at 2:56 AM

    Comment #27

    #

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  • nufcindia

    May 18, 2009 at 1:27 PM

    Comment #28

    Dont make that we were too good against middlesbrough. We were playing the same way. Got a goal from a corner,after that one of Martins chances went in. Against fulham also we got chances but it didnt go in. thats it. But the way we play is still terrible. Why does the manager doesnt see these things on the pitch. People try hopeless long ball which 3 out of 4 times doesnt reach the target and whenever reaches the target its of no use. The problem is the opponents doesnt have to work to get the ball from us. They just have to wait maximum 5 passes. within that time we will try a long ball. Whoever reads this count the number of times nicky butt tries a long and find the percentage of its success. I have tried this and its less than 10% and of this 10%, 9% are those even if it reaches the target the player can do nothing. Yes i think Butt should be in the team because he is best def midfielder in the team but he is man who is trying to create things. I dont know how its going to work. there r problems in the tactics and no one sees it.

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