One Solid Offer Reported On The Table For Newcastle?


There was a report in the Mail online, very early this morning, that Newcastle have had one solid offer put on the table.

4079396

Shepherd – one of four reported bidders in due diligence for Newcastle

But it’s the Daily Mail, and there’s hardly any supporting evidence given – just the statement – so we have to have some doubts as to whether the Daily Mail story is true, although there has to be some doubts surrounding the story.

Mike Ashley, the current Newcastle owner, who is desperately trying to unload the club he has inflicted some serious damage on in his two years at the helm, is trying to sell quickly so he can leave Toon.

He is asking £100M for the club he wanted over £300M for six months ago, and he’s picked just about the worst time possible to sell the club.

That’s not only true for him, since the Newcastle club has been cut in value to about one third of what it was worth in the Premier League just a few weeks ago, but that’s also true for the club, as not much work has been done since we were relegated on May 24th – 25 days ago

One thing we are expecting shortly however, and maybe even today at the earliest, is some announcement on Alan Shearer’s future at the club.

Derek Llambias was going to vet the four consortia yesterday said to be in due diligence yesterday, and if all eventually wanted Shearer as the manager, there could be a move to install Shearer in the job forthwith.

Forthwith means that it could even be announced today, and Newcastle fans will have to hope that is true, so that Alan, along with Iain Dowie and Paul Ferris can start sorting the club out – it certainly needs it.

Pre-season training is now less than two weeks away, and we haven’t sold one player and we haven’t bought one player, so you can see what we mean.  However, three good pre-season friendlies were arranged yesterday with Huddersfield, Darlington and Leeds United so some progress is being threatened.

We’ll wait today to see if there is any movement on bringing Alan in – which is now highly likely before too long – we have to hope so anyway if Newcastle are going to be ready when the season starts at WBA on August 8th.

Comments welcome.

Note – If any of our readers would like to subscribe to the Newcastle Blog via email, or by one of the many readers now available click on the icon below. The feed is now fixed and working well.



You can share this articleShare on FacebookShare on Google+Tweet about this on TwitterEmail this to someonePin on PinterestDigg thisShare on LinkedInShare on RedditShare on Tumblr

37 comments so far

  • lesh

    Jun 18, 2009 at 9:01 AM

    Comment #1

    Now then, if the Mail’s right about the ONE serious offer, it’s got to be someone in the know.

    Seeing Freedy laughing, makes me wonder who it could be!

    0
  • Eaststander

    Jun 18, 2009 at 9:05 AM

    Comment #2

    Another slow morning! when is this nightmare going to end? when can we have our football club back instead of this terrible soap opera.

    0
  • Partizan

    Jun 18, 2009 at 9:06 AM

    Comment #3

    Kieran Gibbs is available for a loan.

    0
  • brownrob

    Jun 18, 2009 at 9:10 AM

    Comment #4

    No, it’s Fat Fred realising he sold the club with £100m of debt, and is going to buy it back for £100m and no debt!!!

    0
  • Tom

    Jun 18, 2009 at 9:19 AM

    Comment #5

    As long as its not Freddy…

    0
  • cicero

    Jun 18, 2009 at 9:20 AM

    Comment #6

    Don’t you just want to punch that fat ugly face.

    0
  • cicero

    Jun 18, 2009 at 9:25 AM

    Comment #7

    As for the Mail article, more paper crap. Due diligence started yesterday and I don’t think anyone is going to make a bid without spending a couple of days at least, going through them and fitting them in to their financial models.

    0
  • batty

    Jun 18, 2009 at 9:25 AM

    Comment #8

    cicero // Jun 18, 2009 at 9:20 AM

    Don’t you just want to punch that fat ugly face.
    <<<<< no not realy ide rather punch the other fat ugly bstard ashley

    0
  • Angryman the Angry fan

    Jun 18, 2009 at 9:27 AM

    Comment #9

    The general concensus is that the clubs finances are in a perilous state!!

    And according to Stardust (Rangerman) and all the pro Cashley brigade, his blueprint hen he took over was correct, he paid all the debt, the club was more financially secure, the club is now profit making!! Anyway, not to gloat on my 100% correct predictions boys……

    If indeed the clubs finances are in a state much akin to Cashleys Dress sense, then we can safely rule out Fat Fred. Him his Brother and his son do not have the Capital to both buy the club and service it efficiently, or rather bankroll it!!

    i have the tiniest worry that Cashley does not want to sell, and that this is all a little game so that he does not have to make further investment in the club. He is waiting to see how much he loses on transfer fees…….before he appoints anyone. He will then appoint a YES man who will be sub standard for our club but will agree with everything he says and does, a la Joking here!!!

    I am not sure on this, but it niggles me, much the same as the last time he ‘tried to sell the club’

    0
  • Toon Graeme

    Jun 18, 2009 at 9:28 AM

    Comment #10

    The journal is painting another picture of if an offer is made that shearer will be wanted as manager – but that depends if an offer is made after due dilligence as the finances may scare of potential bidders.

    Id be more inclinded to follow what the journal says more than the mail.

    0
  • Ericles

    Jun 18, 2009 at 9:28 AM

    Comment #11

    Cicero is right. Due diligence is more complicated than going over one’s Sainsbury receipt. More Mail crap. Concocted in some sleazy east London wine bar no doubt.

    0
  • Partizan

    Jun 18, 2009 at 9:30 AM

    Comment #12

    Angry…..He doesnt have the stomach to stay another year in Newcastle.

    0
  • Solaidback

    Jun 18, 2009 at 9:30 AM

    Comment #13

    According to the Mail Online, FFS is now backed by the Profitable Group, who the papers were saying yesterday, neither had shown they could afford to buy the TOON, so I think somewhere with all these false stories going around, that the papers are getting confused as to who is what these days.. lol

    Personally I don’t have a problem with FFS & I hope it is someone who know the club or is willing to back the club like some of the other owners have done, my 1 concern is, that the Sultan of Oman, who is reportedly richer than the Queen gets in, because that guy doesn’t have as much money as Ashley had, so what makes us think he’s will to spend any of it & not be another Ashley!!!

    I would prefer the Yanks to buy us, as it seems they love there sport & are willing to back the manager even if they are multi-billonaires, look at Lerner, Glazers & Hicks/Gillet, none of them are as rich as Ashley but all are still willing to spend big to get the best for the teams & fans 🙂

    0
  • Toon Graeme

    Jun 18, 2009 at 9:31 AM

    Comment #14

    Angryman – I do think Ashley wants out this time for sure. I can see where you line of thinking comes from though. I think too much water under the bridge.

    Lets just hope he cuts his losses and goes without any fuss (or as little as possible)

    0
  • bowburnmag

    Jun 18, 2009 at 9:31 AM

    Comment #15

    Is it Freddy out to right the wrongs?
    He who laughs last, hopefully chokes on his pasty.

    0
  • Solaidback

    Jun 18, 2009 at 9:33 AM

    Comment #16

    Also, I forgot to say, did Ashley say that he would accept the first offer as he didn’t want to be stuck in an auction for the club, so if a potentail buyer has offered £100m, then surely that bid should be accepted, no matter who it is & Shearer should be appointed manager & we can then get on with the business that is football & put all this crap behind us once & for all (i hope) 🙂

    0
  • batty

    Jun 18, 2009 at 9:35 AM

    Comment #17

    have you lot forgot it was freddy who brought the great alan shearer to the club back in 96

    0
  • Partizan

    Jun 18, 2009 at 9:41 AM

    Comment #18

    Batty….i’m with you on this one.
    Love him or hate him..i know one thing for sure.
    With Freddy we were always going for the top spot.

    0
  • batty

    Jun 18, 2009 at 9:44 AM

    Comment #19

    Partizan // Jun 18, 2009 at 9:41 AM

    Batty….i’m with you on this one.
    Love him or hate him..i know one thing for sure.
    With Freddy we were always going for the top spot.
    <<<<< yes m8 and if were a bit of the pace in january he will go out and spend spend spend lol

    0
  • Angryman the Angry fan

    Jun 18, 2009 at 9:48 AM

    Comment #20

    Is anyone sick of all this ” all the consortiums want AS as the Manager” HTF do they know??
    FFS they dont even know who the Consortia are, they havent a clue so HTF do they know who they want in high profile jobs…………

    Garbage!!!

    0
  • Partizan

    Jun 18, 2009 at 9:51 AM

    Comment #21

    I hope Freddy has realized that times have changed now..not like before when he could have bought a good player for a normal price,,he has to invest and i mean a lot in the youth academy,or at least in young and hungry players who are willing to die on the pitch.

    0
  • Eaststander

    Jun 18, 2009 at 9:56 AM

    Comment #22

    I dont have any problem with Shephard coming back either. We all hated him for buying crap players and getting the club in debt, but what club doesn’t have debt these days and look what we ended up with Mike ficking Ashley. To be honest I dont belive that we were in as much debt as he claimed. On the other hand I would prefer someone new with money who put people in charge who care about the club.

    0
  • batty

    Jun 18, 2009 at 10:03 AM

    Comment #23

    Eaststander if you knock the 60 mill off what they owned for the ground dus it leave aboot 40 mill not much debt at all m8 plus ashley is a greedy bstard that thought he was getting the club very cheap m8

    0
  • sirjasontoon

    Jun 18, 2009 at 10:08 AM

    Comment #24

    Agree Angryman it’s all speculation as the clubs lips are sealed as usual.

    0
  • Stardust

    Jun 18, 2009 at 10:18 AM

    Comment #25

    Angyman – as much as it disappoints you Rangerman and I are two different people.

    If I am still posting under my own name, why would I possibly need to post under another yet hold the same view.

    I think you need to do some brain training, please let me know a PO Box to post a DS Lite to.

    0
  • batty

    Jun 18, 2009 at 10:23 AM

    Comment #26

    Stardust // Jun 18, 2009 at 10:18 AM

    Angyman – as much as it disappoints you Rangerman and I are two different people.

    If I am still posting under my own name, why would I possibly need to post under another yet hold the same view.

    I think you need to do some brain training, please let me know a PO Box to post a DS Lite to.
    <<<<< i did think it for a day but rangerman has nowt on stardy stardust is the blog legend

    0
  • Whumpie

    Jun 18, 2009 at 10:26 AM

    Comment #27

    The club doesn’t own the ground – the council does.

    Still cheap, mind.

    (Does anyone else look at that pic of FFS and think of Jabba the Hut?) Where the hell is Leya in her metal bikini??

    0
  • Nick 69

    Jun 18, 2009 at 10:30 AM

    Comment #28

    whumpie- the club does own the stadium, its only the land its built on that is owned by the council!

    0
  • lesh

    Jun 18, 2009 at 10:33 AM

    Comment #29

    Stardust and Rangerman…. one and the same?

    A Narcissus complex and paranoid schizophrenia in one??

    0
  • batty

    Jun 18, 2009 at 10:33 AM

    Comment #30

    Whumpie the club owns the ground but not the land its built on m8

    0
  • Stardust

    Jun 18, 2009 at 10:49 AM

    Comment #31

    Lesh – as I was looking in the mirror last night I could have sworn my reflection was scheming to stab me. As I smashed the mirror I realised how wonderful I was.

    0
  • StFual

    Jun 18, 2009 at 10:50 AM

    Comment #32

    The top of the Profitable Group steaming pile. This could be the new Newcastle Chariman.
    On a positive note he’s a Geordie. Thats about it for positive notes.

    http://www.tudou.com/programs/view/JEmfBv-rytA/

    Also some apparently genuine comments from Profitable Group chief executive John Gaunt on how it is too hard to work in the UK. Odd then that they say they want to buy
    Newcastle United although there are those that say the North East is another Country 🙂

    http://theasiafile.blogspot.com/2009/06/question-marks-over-newcastle-uniteds.html

    Although many of its land investment schemes are based in the UK – in places such as Hounslow and Colchester – Gaunt says that Profitable no longer takes on British investors after its UK subsidiary was voluntarily wound up.

    “We don’t take UK business,” he said. “The business regulations in the UK and the manner in which the UK is structured are not conducive to doing business – it’s easier to do business elsewhere.”

    0
  • Whumpie

    Jun 18, 2009 at 10:59 AM

    Comment #33

    Guys – the buildings are worth almost nowt compared to the land. More to the point, the landowner holds all the strings, so that’s where the value is.

    Anyway, it was just a detail point. I still think whoever buys the club will get at least a 200% return over 4 years. Not bad. I’d buy a share.

    0
  • Sav

    Jun 18, 2009 at 11:18 AM

    Comment #34

    Cannot see how any manager can be appointed until a deal to buy has been struck unless Ashley employs him – which Llambias has categorically excluded.
    If you owned the club you are never going to permit an employee of some other party come in and start buying, selling, arranging fixtures and all the rest of it unless there’s a firm commitment to buy and a deposit paid. Its just not going to happen. So the quicker these guys do due dilly, the better.

    0
  • Micky Toon

    Jun 18, 2009 at 12:40 PM

    Comment #35

    Got to laugh at all the people wanting Fat Fred back. Using excuses like we were always pushing for Europe and he brought in some fantastic players. Hmm, so the fact that the club was losing money quicker than a haemophiliac with 50 stab wounds loses blood doesn’t bother you? The fact that he thought we were all mugs doesn’t bother you? The fact that he was scamming the club doesn’t bother you?
    The most complained about player on here is Michael Owen. Who bought him again? What about Boumsong, available for a free six months before we paid £8m for him? The shocking management appointments of Ashley pale in significance to Shepherds.
    Just remember how happy we all were to finally get rid of him. At the time we didn’t know that Ashley would turn out to be as disastrous as he has been and we welcomed the change of ownership with emotion that was akin to winning a cup.
    We were on a hiding to nothing with the previous board and we needed someone to fix it. Ashley wasn’t the person to do this, so we went down further. If anyone is still kidding themselves that this wouldn’t have happened under fat fred then they are living in a dream world.
    The fact that we were in massive debt was a great concern. Those who say, so what everyone is in debt is exactly the attitude that has shafted the entire country. Liverpool are still on a sticky wicket with their finances. If ManU struggle to qualify for the champions league then their finances will be under question too. The only reason these debt ridden clubs survive is because they are constantly at the top of the game. Do you think if we suddenly took out a £200m loan we’d be top of the prem again? No we wouldn’t, we’d just be a middle of the table team panicking because we can’t pay our interest payments.

    0
  • lesh

    Jun 18, 2009 at 1:17 PM

    Comment #36

    Stardust // Jun 18, 2009 at 10:49 AM

    Lesh – as I was looking in the mirror last night I could have sworn my reflection was scheming to stab me. As I smashed the mirror I realised how wonderful I was.

    Nice one!

    0
  • ian

    Jun 18, 2009 at 4:47 PM

    Comment #37

    Micky toon, no-one can really know if Freddy Shepherd will run the club well or not, he was chairman but the Halls pulled the strings they were the major shareholders, they got rid of Robson and sold to Ashley neither of those moves had anything to do with Shepherd even though Shepherd as the chairman had to fire Robson.

    Also the positive things that happened when Shepherd was there we cannot know again if it was him or the majority shareholders.

    So if he gets it we will have to wait and see.

    Robsons exit and the Ashley sale were definately Halls doing that is very well documented.

    Michael Owen was the target for the whole board and was a mistake, as was Shepherd’s and the boards backing of Shearer and Souness over getting rid of Bellamy our top striker.

    In the Bellamy case Shearer (then captain) must have told tales about the texts as they were to his mobile which worries me if he ends up a manager, I have always sorted everything out myself. Bellamy’s departure was almost as bad as Robsons if not worse.

    So everyone should get a clean slate, Shearer and Shepherd.

    0

You must log in to post a comment.