Barry Moat Now Has Huge Opportunity To Buy Newcastle


With one of the last uncertainties – at least from a financial viewpoint – now cleared up with the Kevin Keegan decision today, we have to hope that the way is now clear for somebody to come in and buy the club from the utterly clueless Mike Ashley.

barry moat 23

Barry Moat – new owner at Newcastle shortly?

There has been is a lot of information released today on the case, with the last straw for Kevin not just being Xisco, but it was the signing, against his wishes, of Ignacio Gonzalez on loan, after Kevin was asked by Dennis Wise to watch the player on youtube. So that’s how the club scouts and buys players! 🙁

Kevin said he wasn’t good enough and that was certainly true, although we never saw Gonzalez play much,  other than two short sub appearances in September of last year. He was out injured for the remainder of the season, and we paid £1M for that privilege?

But in our view, nobody came out a winner in this case, which has dragged on for over a year, and we’re just glad it’s all over now, and the club can now move forward – hopefully with some significant speed.

The potential good news is that surely the way is now clear for Barry Moat, or some of the other consortia interested, to come in and finally buy the club from Ashley for the £100M asking price.

The £2M award to Kevin is a lot smaller than it could have been, given that Kevin had actually claimed an amazing £26M, which certainly would have wrecked the club financially, had that amount been awarded.

So with these facts now out, it’s hardly surprising that Barry Moat was waiting to see what the verdict in the case would be, but this has to be some good news for Moat and his American backers.

We have to assume that the amount of the award would be a key factor in what the overdraft limit would be, that Moat is seeking from Barclays Bank.

And with the fairly low award, relatively at least, of  £2M, that will be hugely in Barry’s favor.

We have to hope he will now go full-steam ahead to buy the club from Mike, and we can rid ourselves of the catastrophe that has been Mike Ashley, as the owner of Newcastle United.

And a win tomorrow against Bristol City, will also help with the sale,  because Newcastle will be sitting pretty at the top of the Championship table, and the odds have to be pretty good that we could be back in the Premier League as early as next season.

And the club is up for sale for just £100M – what a deal!

Howay The Lads!!



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79 comments so far

  • DJG

    Oct 2, 2009 at 6:39 PM

    Comment #1

    Harry Boat doesnt have two pennies to rub together.

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  • DJG

    Oct 2, 2009 at 6:42 PM

    Comment #2

    Look at the photo he looks like Tim nice but dim haha

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  • Waddles mullet

    Oct 2, 2009 at 6:46 PM

    Comment #3

    Thats right mock the bloke before he even gets through the door.

    Fat fred in with him!

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  • Rangerman

    Oct 2, 2009 at 6:51 PM

    Comment #4

    I’ve just read the full transcript and I’ve got to say it sounds like one huge fuss over nothing from all parties.

    The only player that was brought in behind Keegan’s back was Nacho, who the club brought here on loan as a commercial deal so that the agents would look at the club as an option when better players become available.

    Apparently in a letter to Keegan from Llambias he was told that he had the final say on transfers apart from commercial deals, plenty of clubs sign players for commercial deals (Man Utd announced the signing of Fortune the day they opened a mega store in South Africa) so I don’t see a problem.

    My poor club has been torn apart over this? 🙁

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  • Bigbadbob

    Oct 2, 2009 at 6:51 PM

    Comment #5

    DJG – at least let the fella get into the club before you start with the piss taking, what do you want, Ashley to stay?
    Personally, i admire Moat for having the balls to go in for the club but i have a feeling that Ashley will retain some interest and i have read that he certainly will own the catering, security and box office for the next three years no matter who is in the owner.
    Anyway, give Moat a break will you, we have no control over it anyway but i certainly cant see any reason to criticize him.

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  • Waddles mullet

    Oct 2, 2009 at 6:59 PM

    Comment #6

    DJG // Oct 2, 2009 at 6:39 PM

    Harry Boat doesnt have two pennies to rub together.

    Paid £20 million for a house and land in ne20.

    Can’t be bad .

    yes he is not a billionaire but we’ve had one of them!

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  • toonie

    Oct 2, 2009 at 7:03 PM

    Comment #7

    It’s now or never Barry Moat. With the settlement only being 2M to Kevin (well deserved) it makes NUFC a steal at 100M. I personally would like to see Keegan back in charge….maybe with Shearer as assist Manager. What a dream team !!!

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  • SWHITEY

    Oct 2, 2009 at 7:04 PM

    Comment #8

    cant have moat in charge, surely the reason its taking so long for him to move is because he simply doesnt have the dollar to deliver. skrimping and saving to reach the 100m from the bank, what about all the investment needed in players and maintaining the wage bill ? debt will come quickly, investment in new players will not happen, loved to be proved wrong but not optimistic here

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  • ksmit

    Oct 2, 2009 at 7:05 PM

    Comment #9

    Like I said on earlier posts, Nacho was the player at the center of the court case. That was all the necessary evidence required in the case to prove that KK had been creatively dismissed. We can also tell that Xisco was brought in without KK being to excited about it and we can pretty much be certain that he was angry about the Milner incident when the club sells him two days after KK says “he’s a gem” and that they would not be selling him

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  • Waddles mullet

    Oct 2, 2009 at 7:06 PM

    Comment #10

    Jesus christ can’t take any more of this!!!!!

    toonie // Oct 2, 2009 at 7:03 PM

    It’s now or never Barry Moat. With the settlement only being 2M to Kevin (well deserved) it makes NUFC a steal at 100M. I personally would like to see Keegan back in charge….maybe with Shearer as assist Manager. What a dream team !!!

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  • chuck

    Oct 2, 2009 at 7:07 PM

    Comment #11

    Moat ? Hmmm, has he got the dough ?
    And his US backers, what US backers?, for that matter does he have any backers ?
    ED.you appear ready I`m afraid to jump from the frying pan into the fire on hope and speculation.
    I`m not so sure I want this guy owning the club, seems too much like the previous shysters , the ones who could`nt come up with the readies when challenged.
    All hat and no cattle as they say in the lone star state.
    The fact that the Keegan case is out of the way. has little bearing on the sale, was never going to be much more than was paid out.
    A fair settlement in my opinion and hope it finally puts to rest the whole divisive issue.
    It`s just a feeling I have about Moat, could be another Freddy, sorry would rather hang on until someone or some group who see the obvious potential of the club and have both the funds and management ability to turn things around.

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  • Waddles mullet

    Oct 2, 2009 at 7:08 PM

    Comment #12

    SWHITEY

    the reason the moat hasn’t taken over the club up to now was a small reason of a £25 million lawsuit

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  • Rangerman

    Oct 2, 2009 at 7:10 PM

    Comment #13

    Like I said on earlier posts, Nacho was the player at the center of the court case. That was all the necessary evidence required in the case to prove that KK had been creatively dismissed. We can also tell that Xisco was brought in without KK being to excited about it and we can pretty much be certain that he was angry about the Milner incident when the club sells him two days after KK says “he’s a gem” and that they would not be selling him

    …….

    If Xisco had been brought in and Keegan didn’t want him either then he would have brought it up as it would be more weight to add to his case.

    He says he was frustrated about the lack of signings and the small squad with the straw that broke the camels back being Nacho.

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  • Rangerman

    Oct 2, 2009 at 7:13 PM

    Comment #14

    I personally would like to see Keegan back in charge….maybe with Shearer as assist Manager. What a dream team !!!

    …….

    That’s the idiot Geordie dream team.

    You forgot to add Rob Lee and Gary Speed as coaches, Solano playing local hero on his trumpet before every home game and Beardsley being the half time hero every single week.

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  • Alex

    Oct 2, 2009 at 7:13 PM

    Comment #15

    I would love to find out who the American backers are . Could it end up that Moat is not the real owner but more the frontman for them and act as chairman .

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  • Stuart79

    Oct 2, 2009 at 7:15 PM

    Comment #16

    DJG // Oct 2, 2009 at 6:39 PM

    Harry Boat doesnt have two pennies to rub together.

    Again, if ya not his bank manager shut the fck up and let him get on with getting rid of this tw*t!

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  • Waddles mullet

    Oct 2, 2009 at 7:16 PM

    Comment #17

    Alex // Oct 2, 2009 at 7:13 PM

    I would love to find out who the American backers are . Could it end up that Moat is not the real owner but more the frontman for them and act as chairman .

    Freddy shepherd has a Stetson…………..

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  • Stuart79

    Oct 2, 2009 at 7:18 PM

    Comment #18

    Alex // Oct 2, 2009 at 7:13 PM

    I would love to find out who the American backers are . Could it end up that Moat is not the real owner but more the frontman for them and act as chairman

    Nearly there.

    His backers don’t like Ashley as much as us and don’t want to be identified of give him any money.

    Once he’s gone I hear they’ll pump money in.

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  • Rangerman

    Oct 2, 2009 at 7:19 PM

    Comment #19

    Again, if ya not his bank manager shut the fck up and let him get on with getting rid of this tw*t!

    …….

    While we don’t know what he has got we do know what he hasn’t, according to the North East rich list he wasn’t in the top 10 or 2o with the bottom one of them having £60 million-ish.

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  • Rangerman

    Oct 2, 2009 at 7:22 PM

    Comment #20

    I would love to find out who the American backers are . Could it end up that Moat is not the real owner but more the frontman for them and act as chairman .

    …….

    They have to pass the fit and proper owners test first before they can be allowed to buy the club so either they have to let their identities be known before taking the club off Ashley or Moat has to buy it himself with them buying in after.

    If it’s the latter then Moat will be more than just a chairman.

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  • Stuart79

    Oct 2, 2009 at 7:24 PM

    Comment #21

    Rangerman // Oct 2, 2009 at 7:19 PM

    Again, if ya not his bank manager shut the fck up and let him get on with getting rid of this tw*t!

    …….

    While we don’t know what he has got we do know what he hasn’t, according to the North East rich list he wasn’t in the top 10 or 2o with the bottom one of them having £60 million-ish.

    What’s ya point?

    We all know he has serious backers so it doesn’t mtter what he’s worth.

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  • Alex

    Oct 2, 2009 at 7:34 PM

    Comment #22

    The one thing i dont like about Moat with American backers is that thier could be a number of people with their fingers in the pie . As long as one of them has as vast % of the ownership and can make the big desisions himself , then thats ok . What i dont want is the setup at Liverpool with 2 owners allways at loggerheads with each other . What we need now is a long long period of stability .

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  • Big Dave

    Oct 2, 2009 at 7:34 PM

    Comment #23

    IMO Barry Moat is not a stupid man that is for sure . There is noway he would buy the club with a multi millions £ law suit in waiting. It is finaly out of the way leaving him with a once in a lifetime chance of owning the club he supports. Even if he tried he couldn’t do any worse than than the lieing bunch of wasters we have now.

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  • Alanmc09

    Oct 2, 2009 at 7:46 PM

    Comment #24

    Wel lads hw tings off topic-
    Did any1 get fifa10 today?
    I just got it dere st.james is meant to be on it!!
    What is the best toon formation?

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  • toonsy

    Oct 2, 2009 at 7:49 PM

    Comment #25

    20 Rangerman // Oct 2, 2009 at 7:22 PM

    They have to pass the fit and proper owners test first before they can be allowed to buy the club so either they have to let their identities be known before taking the club off Ashley or Moat has to buy it himself with them buying in after.

    ————————————————

    Al-Fahim at Pompey didnt take the test till after he took ownership. Carson Yeung is also yet to take the test, and he has offered the cash to buy the Birmingham shares.

    This would also be the same “fit & proper person test” that Ashley took aswell right? It must be working!

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  • chuck

    Oct 2, 2009 at 8:27 PM

    Comment #26

    Stuart 79
    It seem both you and Ed. and according to you everyone but me is aware that Moat has American backers.
    You sure about that, if so please explain .
    Dont wanna hear you read it in the papers or on some blog like this one.
    Did`nt want to comment on Keegangate, however seems no one comes out of this with clean hands.
    Apparently MA and his cohorts were involved in some pretty shady business practices but Keegan was no virgin either, he knew what he was getting into, being in debt and owing money from his soccer circus business, jumped at the opportunity to earn a few bob returning as Toon manager.
    The rest is history, Apparently either Keegan or his lawyers saw an opportunity to make some money from it, He did sue for somewhere in the region of 24mill., that`s fact.
    I would say that MA came out of this the winner which gives little satisfaction other than it`s money that could be used by the club.
    It`s sordid and depressing but reveals a side (the underbelly) of the game that exists but is seldom brought to light, for obvious reasons.

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  • Stuart79

    Oct 2, 2009 at 8:33 PM

    Comment #27

    chuck // Oct 2, 2009 at 8:27 PM

    I think you’ll find that when every single paper are reporting it it’s nomally true.

    However, Luke Edwards at the Journal has been told their Americans and are billionaires.

    They don’t want to be named or let their identity known until Ashley has left the building.

    I can only presume they despice him the same!

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  • Alex

    Oct 2, 2009 at 8:51 PM

    Comment #28

    Stuart79 if they are billionares and want to invest in Newcastle United , then they see a profit and would not give a shit about Ashley . They would not care about being named , they would chew him up and spit him out if they really want the club and see $ signs . That is the American way .

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  • sirjasontoon

    Oct 2, 2009 at 8:58 PM

    Comment #29

    Alanmc09 Best Toon Formation is 4-5-1 🙂

    Barry Moat…just don’t see it myself….why would Ashley sell now when he could double his money (as a minimum) if we get promoted in the not to distant future?

    There is no takeover Ed,all complete Baloney to avoid Ashley signing decent players on perm deals and selling everything else of value.

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  • JonnyNufc

    Oct 2, 2009 at 9:05 PM

    Comment #30

    Hard to trust anything these lot spew out now about anything whatsoever. They’ve admitted to clearly lying to the fans to keep them happy.

    It is no longer than unrealistic to believe that they might just still be doing it. Its worryingly possible infact.

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  • ToonTonic

    Oct 2, 2009 at 9:07 PM

    Comment #31

    Toons back 😉 Embrace me fellow magpies 🙂

    Just wanted to say that the post that im about to paste here from ALEX was spot on imo…

    Alex // Oct 2, 2009 at 7:34 PM

    The one thing i dont like about Moat with American backers is that thier could be a number of people with their fingers in the pie . As long as one of them has as vast % of the ownership and can make the big desisions himself , then thats ok . What i dont want is the setup at Liverpool with 2 owners allways at loggerheads with each other . What we need now is a long long period of stability .
    …………………………………………………..

    Consortiums can be great for a club but been the club in question is Newcastle United i would much prefer 1 solid man at the top who has more about him than that dipsh1t cashley.

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  • ToonTonic

    Oct 2, 2009 at 9:08 PM

    Comment #32

    sirjasontoon // Oct 2, 2009 at 8:58 PM

    There is no takeover Ed,all complete Baloney to avoid Ashley signing decent players on perm deals and selling everything else of value.
    ……………………………..

    Probably not too far from the truth mate!!

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  • ToonTonic

    Oct 2, 2009 at 9:09 PM

    Comment #33

    JonnyNufc // Oct 2, 2009 at 9:05 PM

    Hard to trust anything these lot spew out now about anything whatsoever. They’ve admitted to clearly lying to the fans to keep them happy.
    ……………………………….

    Dipsh1ts aint they, i was hurt when i read that in the LMA report.

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  • sirjasontoon

    Oct 2, 2009 at 9:12 PM

    Comment #34

    I want an arab sugar daddy with loads of camels….I would take Cannon and Ball instead of the Current owner and his gormless Owl.

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  • sirjasontoon

    Oct 2, 2009 at 9:19 PM

    Comment #35

    If the Bazza Moat takeover happens and he has good backers that are minted and can build a squad to challenge in the top half of the prem then I would be over the moon.

    However…If a Moat takeover happens and he is just a run of the mill-ionaire then we would struggle to get anywhere near the escapades we had when Bobby was in charge.

    I just want to feel that the club is moving forwards,has direction and the backing to buy half decent players.

    Feels like the strangulation will continue for a while yet..until someone drags the fat nancy boy out by his ears.

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  • Where did the good times go

    Oct 2, 2009 at 9:19 PM

    Comment #36

    It may not be fashionable, but i would like an owner(s) who care about the club.

    Anything more is a bonus after the Ashley show.

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  • sirjasontoon

    Oct 2, 2009 at 9:25 PM

    Comment #37

    Unfortunately Love doesn’t win games-Looking at the squad to even finish above the bottom 3 is going to take serious investment…Be great if it could be done on a shoestring but the premiership doesn’t work like that…for the team to compete in the premiership will need heavy financial backing otherwise we will just be yo-yo ing between the prem and fizzys.

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  • ObaMartins

    Oct 2, 2009 at 9:33 PM

    Comment #38

    ED >>>I want to state categorically that the allegation that has been made in the press that I turned down an offer of £4 million to settle the claim is simply untrue. No such offer was made to me.”<<>>>.” “The Club admitted to the Tribunal that it repeatedly and intentionally misled the press, public and the fans of Newcastle United.”

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  • ObaMartins

    Oct 2, 2009 at 9:35 PM

    Comment #39

    Some people make you want to spew dont they ED….get off Keegan’s BACK

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  • sirjasontoon

    Oct 2, 2009 at 9:39 PM

    Comment #40

    If you undermine the Manager…He walks,you pay the price including relagation…Gonzalez lost Ashley roughly 70mil inclusive of sky tv rights in the prem.

    Muppets.

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