Barry Moat Has Less Than 4 Hours To Buy Newcastle


Helen Power of the Times is reporting that Mike Ashley has set a 5:00 pm deadline today for the Newcastle club to be sold.

mike ashley barry moat

Ashley and Moat recently at St. James’ Park

So if that’s correct, at least Mike is keeping to his word that today is D-day and he will decide whether the club will be sold.

5pm local time is less than four hours away at the time of writing, so we would expect an announcement on the official site shortly after that time.

The report suggests that Barry Moat is the only player, and he will be given another 4 hours to buy the club.

Derek LLambias said yesterday that Moat was there or thereabouts (whatever that means) in relation to meeting Mike’s price of £100M, so we have to hope (and pray) he can get the deal completed.

We hate to think about Ashley keeping the club another year, because every time we do we have to rush to the bathroom to vomit.

Yes, it’s really that bad.

Sources close to Ashley say he has still not received any official word from Barry Moat that Barclays bank, Newcastle’s lender, has approved the sale of the club for the Moat consortium.

The Times is suggesting the bank must agree to roll over the £40M overdraft to Moat’s consortium, before he can buy the club.

Let’s hope they agree to do that, otherwise we are going to be very disappointed in Barclays, that’s for sure.

You talk about going down to the wire – fingers and toes are crossed for a good outcome on this one.

It’s so important for the future of the Tyneside club.

Comments welcome.



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55 comments so far

  • chanty

    Aug 21, 2009 at 1:26 PM

    Comment #1

    its gonna be a long 4 hours!

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  • Geordie-Gerrard7

    Aug 21, 2009 at 1:29 PM

    Comment #2

    we are getting sold lads

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  • Stuart79

    Aug 21, 2009 at 1:30 PM

    Comment #3

    mmmmmm….

    0
  • mylestoon

    Aug 21, 2009 at 1:31 PM

    Comment #4

    i really hope the club is sold! comon moat, show us the goods!

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  • Rafian

    Aug 21, 2009 at 1:32 PM

    Comment #5

    Afraid it’s not true lads – David Craig’s just been on SSN saying there’s no such thing as a 5pm deadline today. He did – however – say there would be news on Monday either way – either a sale or Ashley staying on for 2 seasons more.

    One bit of good news though is that Llambias said that there have been NO offers for Steven Taylor and nor are any welcome! Hopefully that means we’ll keep him!

    Raf Out.

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  • Geordie-Gerrard7

    Aug 21, 2009 at 1:32 PM

    Comment #6

    shearer! shearer! SHEEEEEEEEEEEARRRRRRRRRRRRRERRRRRRRRRRRRRRR!!!!!

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  • belfast toon

    Aug 21, 2009 at 1:34 PM

    Comment #7

    Erm sorry to piss on your parade lads D craig quoting llambias say no dead line today but their will be a decision made by Monday.

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  • lesh

    Aug 21, 2009 at 1:34 PM

    Comment #8

    You sure GG? Your last prophesies came to nothing so I trust you’ll understand folk’s scepticism.

    Unfortunately, we’ve been fed tripe by the current junta and people just don’t know what to believe and will believe in soething when it actually happens.

    That is one hell of an indictment on Ashley and his crew!

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  • Stuart79

    Aug 21, 2009 at 1:34 PM

    Comment #9

    “I have tried to sell the club but I have been unsuccesful.

    I will continue to run the club in a responsible way and together we can get back to the Championship.”

    That is what Ashley will say on Monday.

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  • WELSHMAG

    Aug 21, 2009 at 1:35 PM

    Comment #10

    Yeah, these deadlines are rubbish.

    Derik was saying last night that the close of the transfer window isn’t the dealine for a sale to be complete therefore expect it to run on for a few more weeks and quite possibly months if Moat pulls out.

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  • Waddles mullet

    Aug 21, 2009 at 1:35 PM

    Comment #11

    David craig oh yes the man in the know
    SSHHHIIIIIiITTTTE

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  • lesh

    Aug 21, 2009 at 1:36 PM

    Comment #12

    I could well believe he’d be saying “we can get back to the Championship” this time next yesr Stuart.

    How prophetic of you – do you know something we don’t?

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  • lesh

    Aug 21, 2009 at 1:37 PM

    Comment #13

    shearer! shearer! SHEEEEEEEEEEEARRRRRRRRRRRRRERRRRRRRRRRRRRRR pain!!!

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  • magpie4ever

    Aug 21, 2009 at 1:38 PM

    Comment #14

    Stuart79 // Aug 21, 2009 at 1:34 PM

    “I have tried to sell the club but I have been unsuccesful.

    I will continue to run the club in a responsible way and together we can get back to the Championship.”

    That is what Ashley will say on Monday.
    ——————————————————–

    Is that before or after he’s been on the phone to JFK & offered him his job back?

    0
  • premier

    Aug 21, 2009 at 1:39 PM

    Comment #15

    indeed you are GG–sold down the river!!

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  • Stuart79

    Aug 21, 2009 at 1:39 PM

    Comment #16

    lesh // Aug 21, 2009 at 1:36 PM

    I could well believe he’d be saying “we can get back to the Championship” this time next yesr Stuart.

    How prophetic of you – do you know something we don’t?

    He’s a creature of habit and they always revert to type when things go wrong.

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  • Tel

    Aug 21, 2009 at 1:40 PM

    Comment #17

    Unless its a direct quote from the organ grinder or his monkey It is media hype. Same as the last deadline and the one before that etc, etc. I am incined for once to accept david craigs assessment, but am still hopeful something is close, maybe today, maybe monday, who knows, not the journo’s thats for sure.

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  • dave 1961

    Aug 21, 2009 at 1:43 PM

    Comment #18

    he said Mike Ashley was going to run the club personal so Mr Llambias could be on his way, lets hope, as he’s the rotten apple in the barrel.

    0
  • Waddles mullet

    Aug 21, 2009 at 1:47 PM

    Comment #19

    My head is in a spin my feet don’t touch the ground!

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  • Solaidback

    Aug 21, 2009 at 1:48 PM

    Comment #20

    I thought the deadline was last Wednesday, as that would have been the 5th day after Moat went to Barclays, so how come no one’s heard anything!!!
    I think Barclays have said NO & Moat has vanished without a word to Ashley, so no sale 7 no deadline today!!!!

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  • Waddles mullet

    Aug 21, 2009 at 1:49 PM

    Comment #21

    I’ve gotta a feeling, that tonights gonna be a good night!

    0
  • belfast toon

    Aug 21, 2009 at 1:49 PM

    Comment #22

    D Craig does talk to Llambias but what does he know he thought their was two bids of £100 mil

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  • Tel

    Aug 21, 2009 at 1:50 PM

    Comment #23

    Just a thought but lambias had a radio interview for the BBC yesterday which was quite interesting listening, and is on SSN today, although I havent seen it, why the communication all of a sudden. What exactly did he say today anyone?

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  • long_live_sir_bob

    Aug 21, 2009 at 1:51 PM

    Comment #24

    Waddles mullet // Aug 21, 2009 at 1:49 PM

    I’ve gotta a feeling, that tonights gonna be a good night!
    ___________________________________
    a feeling or a source mate??? this is killing me arrrggghhh!!!

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  • magpie4ever

    Aug 21, 2009 at 1:52 PM

    Comment #25

    The Independent is now reporting an announcement will be made on Monday…basically taking David Craig’s word for it. However, I’m starting to get a bad feeling now!

    I can see Ashley on the phone over the weekend…”Joe, Mike here….”

    0
  • Dan4Toon

    Aug 21, 2009 at 1:53 PM

    Comment #26

    David craig has just said monday it will be decided either way!

    0
  • Waddles mullet

    Aug 21, 2009 at 1:54 PM

    Comment #27

    Belfast how do you read new post on iPhone without fast track to top refresh the drag all way to bottom? What a pain

    0
  • ToonRich

    Aug 21, 2009 at 1:56 PM

    Comment #28

    GG7, what makes you so sure??

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  • G-Man

    Aug 21, 2009 at 1:57 PM

    Comment #29

    Got to be honest, don’t think Ashley has any intensions of selling the club for 100 Mill- now, especially now we’ve had a good start, he will think he can get the team promoted and double his money, fat chance mike…….

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  • Stuart79

    Aug 21, 2009 at 1:58 PM

    Comment #30

    Moat has the go ahead to take the overdraft forward into new ownership it’s just haggling now over price.

    It could even be signed and sealed now but they want to wait until after the weekend to announce it.

    Do you really think Ashley wouldn’t sell Taylor if we he had an offer? He’d snap their hand off.

    Someone has said DO NOT SELL HIM! New owners maybe????

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  • sahota

    Aug 21, 2009 at 1:58 PM

    Comment #31

    Nothing will happens lads I am am 100% sure. This bunch of monkeys (Mike and Lamb) they are just totally mad, they know nothing about how to run any organization. They don’t give us a shit. I just want to K*** these guys NOWWWWWWWWWWWWWWWWWWWW

    They have made us a joke.

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  • Geordie-Gerrard7

    Aug 21, 2009 at 2:03 PM

    Comment #32

    that was my mate who said the shearer bit, he is a feckin hammers fan, didnt see the ssn bit, did d.craig seem positive?

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  • Geordie-Gerrard7

    Aug 21, 2009 at 2:04 PM

    Comment #33

    im not sure, i have a feeling even if fatty stays for the two years he will appoint shearer. was d craig at the ground?

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  • dave 1961

    Aug 21, 2009 at 2:05 PM

    Comment #34

    this is just a feeling, the deadline is 5pm tonight, & an announcement on Monday will be Ashley taking control of club, Llambias will move on, and Houton will be named temporary manager, meaning Joe Kinnear in April. this will be done over the weekend, announced on Monday.

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  • Johno Toon

    Aug 21, 2009 at 2:06 PM

    Comment #35

    waddle mullet you been saying that the last few nights, whats make you sure tonight?

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  • magpie6699

    Aug 21, 2009 at 2:07 PM

    Comment #36

    How much is Moat short? We could have a quick whip -round. I’ve got £7.48 and a euro that might be mistaken for real money. Anyone else?

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  • magpie4ever

    Aug 21, 2009 at 2:10 PM

    Comment #37

    Nope David Craig was on the phone.

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  • Tel

    Aug 21, 2009 at 2:10 PM

    Comment #38

    Think I’ve got a few million old turkish lira in a drawer somewhere.

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  • Magpietillidie22

    Aug 21, 2009 at 2:12 PM

    Comment #39

    Magpie6699, agreed, i’m up for! lol

    If it happens tonight it wouldn’t be a surprise because this is Newcastle United, don’t forget that, we NEVER EVER do things how it should be done or how it’s reported.

    Media saying its a monday annoucement? lol it’ll prob happen to tonight then! Or on the flip side it’ll happen 12pm sept 1st when the price will plummit as the current squad isnt big enough without signings.

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  • Tel

    Aug 21, 2009 at 2:14 PM

    Comment #40

    Just heard the David Craig interview on SSN. Nothing solid in it except the quote from Llambias that no bids received for Steven Taylor and not looking to invite any. The rest was if and maybe. Usual journo waffle.

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