Decision On Sale By End Of Week – Every Week!


Chris Hughton has said today that he’s been told almost every week during the summer,  there would be a sale by the end of the week.

nufc-crest


And that’s gone on now for 14 weeks and we’re no closer a sale, if truth be told.

Oh yes we have a new potential buyer in North-West-based businessman Geoff Sheard, and he would appoint Alan Shearer as manager and bring David Beckham to Tyneside (just what David wants in a world cup year – he’ll definitely get his place playing in the Champiosnhip), and Geoff will do a streak across St. James’ Park, in full daylight.

Only one of the above three bits of news  is not being reported – yes we know it’s difficult – but guess which one. 😀

Sheard has already been in for Newcastle once, and if he has the money to buy the club, we’d be really shocked.

Despite the uncertainty, Hughton and the players will again get on with their jobs, as they have done since returning for pre-season.

Chris said today:

“Probably from the first day of pre-season, I have been convinced by the end of that week that a decision would be made, and of course what has happened is that that’s gone on and on.”

“A decision will be made at some stage. What has been quoted this week is that they will give Barry Moat that extra time he needs, and that’s all we can work off.”

“If something happens, that would be beneficial for everybody, but until it does, we will get on with the business here.”

The summer transfer window closes at 5:00 pm next Tuesday and any new owner – would now have little time to do any real business.

And it’s hard to take any new news on a potential sale with any seriousness.

Sales so far have brought in around £23M and the wage bill has been cut from £74M to £48M, which is still more than we can afford on £50M revenue.

But if Newcastle do mount a promotion challenge, it would appear the gate receipts could be close to what they were last year, with the last home game attendance close to 46,000, and that has to be good news.

Chris says he has not been informed of any bid for Steven  Taylor or anyone else to date, and is hopeful he can keep what he already has and strengthen it.

But Chris was told of the Martins deal to Wolfsburg, for example, only after it was completed, so he’s not privy to any transfer deals – so far.

Comments welcome.



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120 comments so far

  • stuart no9

    Aug 25, 2009 at 4:17 PM

    Comment #1

    Zzzzzzz Zzzzzzz Zzzzzzzz

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  • magpie6699

    Aug 25, 2009 at 4:22 PM

    Comment #2

    Yeah and we’re going to be sold to a new consortium led by Geoff Sheard.
    They’re called the Sheard – Rivel group ( not to be confused with the Sheard-Sheep group).
    So now we know that the news is all sheard-rivel.
    zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

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  • newcastle29

    Aug 25, 2009 at 4:27 PM

    Comment #3

    aye, this is the bloke who tried to buy sheff wed!

    AND FAILED!!!!

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  • newcastle29

    Aug 25, 2009 at 4:32 PM

    Comment #4

    AND another thing, he just so happens to make his money from sports retail!!! one of ashleys bum chums???

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  • stuart no9

    Aug 25, 2009 at 4:34 PM

    Comment #5

    So ,sheard is in for the club now, any body know who twatted david on coronation street ?

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  • shrews mag

    Aug 25, 2009 at 4:36 PM

    Comment #6

    This is another Profitable Group/Steve McMahon load of rubbish.

    Another individual who wishes to be in the limelight … and an easy way to do it is to suggest that you are bidding for a football club … free publicity … and the mug red top tabloids lap it up …

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  • Lew Davies

    Aug 25, 2009 at 4:39 PM

    Comment #7

    WTF !
    🙁
    These next 7 days are going to be F-ing hillarious. in a not so funny way.
    The fun and games at NUFC are just about to come to their climax.
    Bring it on, lets get it out of the way, then we can HOPEFULLY move on to bigger and better things. (or NOT!)

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  • hdav727

    Aug 25, 2009 at 4:41 PM

    Comment #8

    I’m sorry ed, but will gate receipts really be anywhere near last seasons? Surely tickets are much cheaper this year??
    And this is becoming silly now, moat can’t afford it, sheard can’t, in a probably unpopular move I’d say support ashley, keep this current squad and forget sale of the club until the summer.

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  • floydy

    Aug 25, 2009 at 4:42 PM

    Comment #9

    same old, same old, Whens this going to stop!

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  • Whumpie

    Aug 25, 2009 at 4:43 PM

    Comment #10

    If Sheard was serious about buying the club, he’d have been trying for 14 weeks now, not just as deadline day approaches.

    magpie6699 – nice one. Sheard Rivel – couldn’t have put it better mesel.

    But Ed – can you just check out the rules. I’m sure we’ve had a couple of posts on here quoting the FA rules, which say we have until November to get loan players in.

    Surely with so much uncertainty, we need loaners, not signings? Then you can ditch most of them when/if promotion happens and buy premiership players.

    Also, I think Chris H is being a bit optimistic and perhaps missing a trick. If I was in his boots and had half a dozen players costing £3m a year, I’d much rather lose half of them and get 10 CCC-level players for the same cost, to bulk up the squad.

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  • Big Dave

    Aug 25, 2009 at 4:46 PM

    Comment #11

    well lads look on the brightside atlest they have ( ma and dl) changed things it was allways by the end of the week now it is the start of the week

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  • shrews mag

    Aug 25, 2009 at 4:46 PM

    Comment #12

    hdav727 // Aug 25, 2009 at 4:41 PM

    ” in a probably unpopular move I’d say support ashley, keep this current squad and forget sale of the club until the summer”

    Whilst unpopular … we might just have to put up with MA and move on … but we would need to get behind the team whoever is in charge …

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  • Whumpie

    Aug 25, 2009 at 4:46 PM

    Comment #13

    Also, why can Ashley not just keep a share of the club – say, £20m worth, to plug the funding gap and give Moat the operating dosh he needs?

    He could set up an option for the new owner to buy him out at a later date (a nice investment, that one) or even offer some of that shareholding to NUSC so fans can buy a stake.

    I still think we’ll see Moat in charge by the weekend. Ashley is forcing him to exhaust all possibilities before resorting to other options like the one I’ve suggested above.

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  • sirjasontoon

    Aug 25, 2009 at 4:48 PM

    Comment #14

    Boring.
    Ashley to Stay…announced just before window shuts and fire sale is finished.
    Then Administration in the near future.

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  • floydy

    Aug 25, 2009 at 4:50 PM

    Comment #15

    i reckon moat will get full charge of the club by monday night but leaving no time to get any new players, (not that he has the pounds anyway). Can’t we get loanees after the transfer window shut in the cola cola league????

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  • Whumpie

    Aug 25, 2009 at 4:50 PM

    Comment #16

    If Ashley stays, my main concern is that we no reason to believe his decision-making will improve.

    – He’ll screw up transfers windows yet again and we’ll have an even more unbalanced, threadbare, injury-prone squad.

    – He’ll leave a casino-managing pikey in charge.

    – He won’t communicate.

    – When action is needed, he’ll procrastinate and eventually move once it’s too late.

    – He’ll take the wrong advice from the wrong people.

    – He’ll fail to invest, and in so doing actually lose the club a lot more money than the investment would have been.

    – He’ll get us relegated again.

    Any of the above sound familiar?

    THIS is why I want Moat in charge, and I really don’t care if we’re operating on a shoestring for a while. Better that than losing money hand over fist.

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  • floydy

    Aug 25, 2009 at 4:53 PM

    Comment #17

    Whumpie // Aug 25, 2009 at 4:50 PM

    If Ashley stays, my main concern is that we no reason to believe his decision-making will improve.

    – He’ll screw up transfers windows yet again and we’ll have an even more unbalanced, threadbare, injury-prone squad.

    – He’ll leave a casino-managing pikey in charge.

    – He won’t communicate.

    – When action is needed, he’ll procrastinate and eventually move once it’s too late.

    – He’ll take the wrong advice from the wrong people.

    – He’ll fail to invest, and in so doing actually lose the club a lot more money than the investment would have been.

    – He’ll get us relegated again.

    Any of the above sound familiar?

    THIS is why I want Moat in charge, and I really don’t care if we’re operating on a shoestring for a while. Better that than losing money hand over fist.

    exaclty, better communication and hes one of us so we can have trust in him!!!!

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  • DJM TOON

    Aug 25, 2009 at 4:53 PM

    Comment #18

    the window for loaning for ccc teams doesnt close untill mid/end sept i think… anyone clarify?

    i’d like ed to recognize that point and let it drop form his threads….

    and anyway, as someone has already mentioned the fa can make a special dispensation for teams in irregular positions regarding players, ie, us.

    and since we’ve all being saying all summer that we’ll have to survive on loanees, there is nothing really going on now that is having a major effect on us.

    obviously, its would be best to get it sorted asap, but even if MA stays on, he’ll stil have time to get some loanees in. ok, so its not how anyone with an ounce of common sense would do it… but for some reason over the ages, whoever’s been pulling the strings at SJP has never been blessed with common sense eh!

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  • Big Dave

    Aug 25, 2009 at 4:53 PM

    Comment #19

    Lads just out of interest what was Darass Hall was it an old manor house with lots of ground

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  • Lew Davies

    Aug 25, 2009 at 4:54 PM

    Comment #20

    yup. More please.

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  • JinkyGenius

    Aug 25, 2009 at 4:55 PM

    Comment #21

    Embarrassing for all concerned. Not unlike old biddies crowding around the fridge section waiting for a reduced sticker to be stuck on a chicken that is
    1) too big for them,
    2) too big for their oven,
    3) too big for their freezer

    but, hey, a bargain is a bargain until it ends up going off two days later.

    If you lot can’t afford it just **** off, basically. Sorry, Ed, but £100M, even £139M is nowt for a club of this stature. It’s beyond frustrating, and now becomes simply sickening watching the queue of slack jawed, no hopers queuing up with a pocketful of loose coins and the obligatory threat of a rich uncle in the USA, possibly.

    What ever made Man City so attractive to buyers anyway? I’m sure even our current team, now it has finally decided to play, could take them to the cleaners.

    ……Razz’n’snazz’n’RickRastardly…..

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  • toonsy

    Aug 25, 2009 at 4:55 PM

    Comment #22

    People saying that Moat is broke or hasn’t enough to take us foward should remember that Moat was the preffered bidder recommended by Keith Harris and Seymour Pierce. The favoured bidder was supposed the have two things, 1, the best exit strategy for Ashley and 2, the best strategy to take the club forward. Both of these must have been proved for Moat to become the preferred choice. Anything else, no-one knows, not me, you, the paperetc.

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  • Lew Davies

    Aug 25, 2009 at 4:57 PM

    Comment #23

    kiss of death..

    http://www.skysports.com/story/0,19528,11678_5513274,00.html

    probably be sold tomorrow.
    🙁

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  • floydy

    Aug 25, 2009 at 5:00 PM

    Comment #24

    its all just rumours, everything, we just need to sit back and wait but also prey we don’t lose anymore of the 1st teamers, geremi, butt xisco can go!

    Hi everyone by the way, i’m new been reading the blog for the last year and now have decided to start posting. I’m probs the only Newcastle fan in cornwall 🙂

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  • lesh

    Aug 25, 2009 at 5:02 PM

    Comment #25

    Big Dave re Darras Hall….. dunno where the name comes from but they taalk real posh.

    They pat the passy on the cushing and pash it with tha fat.

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  • dave 1961

    Aug 25, 2009 at 5:10 PM

    Comment #26

    i have posted already about moat’s wealth he has the potential to have greater wealth than Mike Ashley he just needs a stick to beat the council with that stick could be Newcastle united football club

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  • Whumpie

    Aug 25, 2009 at 5:11 PM

    Comment #27

    I think what we really need is some buyers for some of the higher-salaried players. Even if the bids are rubbish, it’s all about getting those running costs down so Barclays will play ball.

    Geremi, Butt, Colo, Barton, Xisco. Get rid. Smith, Jonas and Enrique if necessary. Hold on to Taylor whatever happens – he and Harps are just about all we’ve got to cling onto in terms of what we’d like our club to be.

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  • Stuart79

    Aug 25, 2009 at 5:17 PM

    Comment #28

    Any reason why we should believe Llambias when he’s telling everyone that Sheard is interested?

    What happened to the good old NDA?

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  • dave 1961

    Aug 25, 2009 at 5:19 PM

    Comment #29

    Sheard is a Turd

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  • AngerOfTheNorth

    Aug 25, 2009 at 5:24 PM

    Comment #30

    Well something’s going on… Theré must be some reason for the wait – something obviously getting in the way:

    a) Ashley isn’t going to sell and wants to run the clock down so he has a feeble excuse not to bring in players

    b) Ashley is going to sell but is running the clock down because Moat needs a feeble excuse not to bring in players

    c) Ashley wants to sell of some players before he goes and is trying to strike the necessary deals and bully the likes of Taylor into signing for another club

    d) Moat can’t buy until players are sold and at the moment we don’t have good enough bids/the players like Taylor haven’t given in to leaving yet.

    Either way, I expect to see some of our best players to leave very late in the window and not be replaced. If nothing else, the big deals often happen right at the very end of the transfer window. With us being at the wrong end of the food chain, that essentially means we’re going to get shafted.

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  • HarryWorth

    Aug 25, 2009 at 5:29 PM

    Comment #31

    The ITK poster on Toontastic and Online who told people this morning that something would be revealed today has also said Sheard is not one of the new prospective buyers. He introduced these people to Ashley Llambias and Seymour Pierce .

    The plot thickens

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  • AngerOfTheNorth

    Aug 25, 2009 at 5:29 PM

    Comment #32

    As for Moat not having enough cash, why on earth should a football club have to revolve around one mega-rich owner constantly spunking cash in every season? Even Chelsea are looking to turn themselves into a normal business with a balanced turnover. We’re a big club with a huge stadium, a large following, a well known brand and big gate receipts. The club should be fine being run by a guy with practically no cash, if it’s run properly.

    Whether Moat has the knowledge and understanding to do that is anyone’s guess, but there’s no reason why he should have massive amounts of cash to throw into the club and never see again.

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  • AngerOfTheNorth

    Aug 25, 2009 at 5:31 PM

    Comment #33

    Well Harry, I think the business hours are essentially over for today so I’m guessing we can add this ITK poster to our massive list of charlatans and b*llshitters…

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  • Wilad

    Aug 25, 2009 at 5:32 PM

    Comment #34

    On Hughton – I’ve questioned his ability to manage and lead at the top level as was evident last season but he seems to have initially grasped this Championship lark and it helps that the players have actually shown up for a change. MA and DL have treat the fans with contempt although I do believe that we’ll see a positive out come even if Moat has no money. Bill Kenwright has no money and does a decenet job with Everton so you don’t need money, you need to care. Moat obviously cares as it would be one million times easier not to get involved. Regardless, the lack of respect MA and DL have shown Hughton really sticks in my throat as I believe there must have been plenty of days where he’s gone home and wondered why he’s bothering. If he were to have walked we’d have been completely stuffed. The outlook is positive. I think we can loose a few more players and still get up. I also think that if these players don’t leave that the club can sustain the higher wages on the reduced income and finance against the decent gates and deal with it once and during we get up and consolidate our Premiership place. Coupled with this, the fact that Moat (if it is true) is buying it with 20 mil down and 10 mil a year could be genious as this means he will have spare cash from investors to support the club and the all if it will not have been had by Cashley. The outlook is positive – we’re restructuring in a lower division fair enough. We have a fab youth team and some fairly decent first teamers who can cut their teeth before we get to the prem. The club will push on with these players who actually want to play in B + W with an owner and management team who are passionate about our club. Within 12 months most of the money grabbers will have left and we’ll be better for it.

    Keep the faith…

    Rant over

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  • Whumpie

    Aug 25, 2009 at 5:32 PM

    Comment #35

    Lamearse is just about the last man on earth I’d believe. If he told me the sun was coming up tomorrow I’d probably start doubting it.

    I remember the day he was appointed, thinking “a casino manager from London… this can not be a good thing”.

    I hate being right all the time.

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  • Rodzilla

    Aug 25, 2009 at 5:38 PM

    Comment #36

    Stuart, Sheard messed Wednesday fans around for a whole 6 months, claiming to have funds – then eventually pulled the plug himself.

    From…..

    http://www.yorkshirepost.co.uk/sport/Geoff-Sheard-39must-finalise-Sheffield.4485963.jp

    “He also reiterated the funds for the deal are unconnected to an offshore bank in Dominica despite a letter from the Private Capital Bank (PCB) being used as proof of funding in January.

    He said the investors’ money is based in Switzerland and that the major shareholders had been told they could be paid through recognised banks in either Berne, Zurich or London.

    The PCB has told the Yorkshire Post it doesn’t know who Sheard is, that the letter has nothing to do with them and that it was disappointed the club had not been in contact to verify its claims.”

    …I live in Sheffield and his name is a dirty word amongst Wednesdayites. My guess is he’s jumping in for some last minute publicity, or he just wants a free Executive box. Don’t believe him.

    Whumpie, all the transfer rules are here:

    http://en.wikipedia.org/wiki/Transfer_window

    ….”In England, clubs from the Football League Championship to the Football Conference can loan in players from 8 September to 23 November and also from 8 February until 23 March. An existing loan deal can be made permanent at any time outside the transfer window.”

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  • bill

    Aug 25, 2009 at 5:38 PM

    Comment #37

    Had the same feeling Whumpie.

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  • Whumpie

    Aug 25, 2009 at 5:38 PM

    Comment #38

    Wilad for PM!! Wilad for PM!!

    Well said, that man.

    Ed’s wrong when he keeps saying we’re no further forward. All the evidence is to the contrary. Stuff WILL happen in the next few days.

    We WILL win on Wednesday AND on Saturday.

    We WILL go top soon enough.

    We WILL keep Steven Taylor.

    We WILL see a new dawn!

    After all… tomorrow is another day…..

    (I’m going to lie down for a bit)

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  • RyanToon

    Aug 25, 2009 at 5:41 PM

    Comment #39

    there will be no takeover

    zzzzzzzzzzzzzzz

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  • dave 1961

    Aug 25, 2009 at 5:44 PM

    Comment #40

    Llambias’s arrival & our demise came hand in hand, they say you can trust a thief but not a liar, i think Llambias is one & the same

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