D Day For Barry Moat Early Next Week

The Journal is reporting today that Barry Moat has informed Alan Shearer his bid to buy Newcastle United will either succeed or fail at the start of next week.

barry moat 23

Barry Moat – still hoping to buy Newcastle

Shearer is said to have contacted the Tyneside businessman on his return from a family holiday to Portugal yesterday, following reports in the press that Joe Kinnear could be ready to take over the Newcastle manager position should the Moat bid fail.

Shearer, like most other fans, is increasingly alarmed by recent developments at St James’ Park and fears his attempt to become permanent manager could be over.

It looks increasingly like Ashley is prepared to take the club off the market for the second time in some eight months, and appoint Joe Kinnear as manager, as we reported yesterday.

It appears that Moat is waiting on Barclays Bank to learn whether his loan will be approved, but Ashley is getting ready with plan B, should Barclays turn down Moat’s bid, which now seems likely.

A source close to Alan said today:

“Alan is worried about the recent news because it looks like Ashley will take the club off the market and appoint his own manager. He has been told Joe will be appointed next week if Moat cannot do something about it.”

“When he talked to Barry Moat he was told they are still negotiating with the banks but time is running out. Moat has said he will either be in or out in the next five days.”

Shearer is understood to be supportive of yesterday’s move to sign Manchester United defender Danny Simpson on loan until January, and we did think Danny was a player Alan ewas interested in last may.

But this soap opera at Newcastle this summer had been just too much after being relegated.

Ashley has proved once again that he has no right owning a club like Newcastle United,  and the sooner he sells the sooner this nightmare will be over for Newcastle fans.

However it looks like that could be at least another year.

Comments welcome.

13 comments so far

  • Lew Davies

    Aug 15, 2009 at 9:48 AM

    Comment #1

    yet another D Day!

  • AngerOfTheNorth

    Aug 15, 2009 at 9:53 AM

    Comment #2

    Exactly… How many “deadlines” have come and gone?

    Are we even sure that Moat isn’t just a mate of Ashley’s and that the whole bid is just a smokescreen to allow Ashley to keep the club but not buy any payers all window?

    Either way, if Krul or Taylor are sold, I’m done with the club. There’s so little left worth building on now.

  • BigLish

    Aug 15, 2009 at 10:02 AM

    Comment #3

    Give the fat one his dues – he is at least trying to give Moat as much chance as possible to buy the club. If no-one else wants the club then he can’t do too much about it.

    Don’t think i’m sticking up for the bloke but if this Moat bid fails then all we can do is get on with things and support the players who are left at the club and whichever manager is appointed. I know most people want Shearer in (not me btw), but whoever is appointed, we must support them through what will be a very challenging season. Slagging Ashley off if he does come to the home games won’t help the players one bit either. The season has started and we need to put our differences aside for the sake of the footballing side of things

  • will die for the toon army

    Aug 15, 2009 at 10:13 AM

    Comment #4

    I got the news that I didnt expect yesterday the signing of Simpson. but what do we expect now? If AL was part of bringing Simpson to NUFC thought he was on holiday came back yesterday

  • mullac1892

    Aug 15, 2009 at 10:28 AM

    Comment #5

    more bullshit lets see if there is anymore d days

  • scrotty

    Aug 15, 2009 at 10:43 AM

    Comment #6

    Ashley wants it to take as long as possible to miss this transfer window.

    He knows he’s gonna look stupid of newcastle get promoted this season and is doing all he can to prevent it.

    It make so sense to be negoitating with Moat and selling the players Shearer wants to keep.

    Fat Ash will sell near to or after the close of the window.

  • AngerOfTheNorth

    Aug 15, 2009 at 10:45 AM

    Comment #7

    Either way, boycott the game today.

    Seriously, Ashley may keep the club as he’ll think that by gambling on the club going back up he can recoup more money. If we get a low gate today he’ll know that he’s not going to make any money (and probably make a loss) this year, so will be more likely to cut and run.

    Usually I’d say that we should support the lads, but the best way to do that this one time is to stay away.

  • Bill F

    Aug 15, 2009 at 11:07 AM

    Comment #8

    Premier league starts today and the likes of Hull, Wigan, Burnley, Stoke, Fulham are taking their place at the top table and we are miles away from the salt. Hands up anyone who feels somewhat p*ssed off.
    Also just what has happened to all of those supposed buyers, Moat appears to be a dead duck now. The best we can hope for is that Ashley (still?) wants a successful club and actually has some sort of coherent plan to achieve this. Although his cunning plan is not to obvious at the moment.

  • Toonmania

    Aug 15, 2009 at 11:38 AM

    Comment #9

    you say that it’s likely the moats loan from barclays will fail, please enlighten me how you know? from what i have learnt about moat he has a good credit status, his businesses are making a good profit, and he uses barclays as his main banking facility for his current businesses.
    the only way the loan will fail is if they don’t think NUFC is a viable proposition and if thats the case how bad are those books that ashley has failed to show, people like moat wouldn’t even be going down that route unless he thought it was viable also he wouldn’t have bothered trying to borrow the money if there was only a small chance of him getting it his finacial advisors would have given him around a 90%+ chance of being able to get it otherwise he would have pulled out before now

  • newcastle29

    Aug 15, 2009 at 11:45 AM

    Comment #10


    Please don’t be silly, we have to support our team and back them to get back where they belong. if we starve the club of the money they need to survive, then we will been the ones sending it down another division!

  • will die for the toon army

    Aug 15, 2009 at 12:15 PM

    Comment #11

    I always think for the best for my club I rather have a Geordie chairman and a Geordie manager who I know we have the same black & white blood flowing in our veins. The finances will come

  • Rangerman

    Aug 15, 2009 at 12:50 PM

    Comment #12

    Apparently Barry Moat will be busking outside St James’ before the game to help raise some money to buy the club so get along a chuck any change you’ve got in his hat.

  • Nick D

    Aug 15, 2009 at 1:58 PM

    Comment #13

    It’s just really annoying that Moat is just wasting everyone’s time by not having 100m in the first place.


You must log in to post a comment.