Alan Shearer put out a funny video of the Seinfeld crew after hearing the news yesterday that Mike Ashley wants to sell Newcastle.
Here are Seinfeld, George, Elaine, and Kramer demonstrating how Newcastle fans feel today – or something like that.
We have to put this out and were once told many years ago that Seinfeld was not very popular in England?
And it’s not too surprising that it’s gone viral.
Just heard ….. pic.twitter.com/0RrorVrO07
— Alan Shearer (@alanshearer) October 16, 2017
Comments welcome.
144 comments so far
posada
Oct 17, 2017 at 8:45 AM
Comment #1I’ll say it again.
Deferred payments.
DANGER,DANGER,DANGER.
That means leveraged buy out.
If you have to borrow money, even from Mike Ashley, to buy the club you are not rich enough to own a Premier League Club.
We the supporters would be servicing that debt, with less money available for investment in players.
scout
Oct 17, 2017 at 8:45 AM
Comment #2The club is in a great position, could be worse look down the road. I’d take the 2 relegations in 10 years rather that 1 relegation and be in their position.
Just saying be careful what you wish for ??
scout
Oct 17, 2017 at 8:48 AM
Comment #3Whoever takes over will be cash rich no one has 400 million kicking about. All this deferred payments is just massaging his ego ?
posada
Oct 17, 2017 at 8:48 AM
Comment #4Or they could be an insurance for the buyer against any hit the club has to take following the HMRC investigation.
Club takes a hit, deferred payments don’t get made.
I appreciate you can have a clause to cover this, but as they say possession is 9/10ths of the law.
posada
Oct 17, 2017 at 8:50 AM
Comment #5Could it be an Ashley ploy.
No buyer emerges. Ashley says to the supporters I’m the best you can hope for.
Nobody else wants it.
hibbit
Oct 17, 2017 at 8:52 AM
Comment #6what ever happens is out of our hands just sit back and enjoy the ride no good worrying about it
KernowToon
Oct 17, 2017 at 8:52 AM
Comment #7Posanda, I think the idea behind the deferered payments would be for a quicker hand over of the club, the club needs invesment in january and it christmas isnt far away, not on premier league club takeover scales
martoon
Oct 17, 2017 at 8:56 AM
Comment #8posada – I thought ‘Uncle Mike’ would have told you what is going on! 😀
toontaff2
Oct 17, 2017 at 8:59 AM
Comment #9A long decade……these last 10years…………. 🙄
Shoulders knees
Oct 17, 2017 at 9:00 AM
Comment #10Good morning guys,
How are the heads 😉
Mindshaft
Oct 17, 2017 at 9:00 AM
Comment #11As with anything that Ashley is involved with , don’t get your hopes up until everything is signed, sealed and delivered
ArtyH
Oct 17, 2017 at 9:02 AM
Comment #12I’ll believe it when the ” New owner ” has the key to the gate’s, dont forget we have been here before and it ended in tears, and still is.
posada
Oct 17, 2017 at 9:02 AM
Comment #13Martoon
Uncle Mike does not need to tell me what’s going on.
I know him very well.
Too bloody well.
sparky55
Oct 17, 2017 at 9:04 AM
Comment #14Ashley wants some cash to conclude some other dealsl. He doesn’t need the full value of NUFC to conclude those deals which is why he’s happy to offer staggered payment terms.
It will increase the number of interested parties which in turn increases the chances of getting what he wants before his dec 15 deadline to conclude the other deals
He will of course sell to whoever offers the money first because he is not the type who would be concerned about what happens to NUFC in the future…but when you’re talking about spending circa 350 million, you don’t get scroats like the venky’s…you get proper money people who will want to extract real shareholder value for the owners which as we all know can’t be achieved without investment in the squad.
This is all good…there is nowt to be concerned about here
Tsunki
Oct 17, 2017 at 9:07 AM
Comment #15Taking up a deferred payments option does not mean that you have no money, that’s incredibly naive. Such an arrangement would not be extended once due diligence had established the buyers inability to conclude the deal to term. A buyer taking control of his investment this way is certainly able to use its leverage to free up investment in the short term, surely mike is facilitating a buyer’s “hit the ground running” strategy by being able to deal immediately in upcoming transfer markets unfettered and if need be bring suitable investment partners on board to spread the load. Evidently the interested parties are one or more investment spreads not a bored individual with billions in loose change rattling about in his pockets. Even do I would take either in preference to the “devil you know” Ashley who is obviously bored with chewing this toy.
posada
Oct 17, 2017 at 9:09 AM
Comment #16Who buys a football club.
Billionaires.
Not for business reasons.
For the reflected glory. A bit sad really.
Trouble is football will never make business sense.
The more the clubs make the more they have to spend.
Abramovich. Buys Chelsea and for 5-6 years has more money than anyone else.
Must have thought it was great.
Then Man City can match his money. Not so great, not so much reflected glory and more expense.
I don’t think billionaires like to fail.
I don’t think they like competition.
Hence, unless they are really big hitters they don’t want to know anymore.
posada
Oct 17, 2017 at 9:13 AM
Comment #17Did the Man City folks need to make deferred payments when they bought the club from Frank Sinatra or whatever his name was.
Doubt it.
Tsunki
Oct 17, 2017 at 9:13 AM
Comment #18Remember that old Rolls-Royce salesman story where he was asked how many miles per gallon you could get out of a Camargue?
“If you have to ask, Sir…..”
Tsunki
Oct 17, 2017 at 9:14 AM
Comment #19Can we get a head shake emoji to work on this blog? Anyone?
Shoulders knees
Oct 17, 2017 at 9:17 AM
Comment #20Posada
I tend to agree it’s going to take silly money to compete in the top half season on season, that’s not oy it can’t be done every so often, to compete for Europe will take stupid silly money.
sparky55
Oct 17, 2017 at 9:18 AM
Comment #21several “WTF’s” would probably suffice
Shoulders knees
Oct 17, 2017 at 9:19 AM
Comment #22“Not to say”
jesperfuglsang - capt'n awesome of the lemon crew
Oct 17, 2017 at 9:22 AM
Comment #23There’s lots of reasons to buy a football club…some are more legit thAn others…
…but not everyone should own a football club just because they can afford it!
No one says that deferring the payment means you cannot afford to own a football club but it doesn’t take a genius to figure out that if you really can afford to buy a football club then you don’t need the option to defer the payment!
Like someone said before Ashley doesn’t care who he sells it to and what they do with the club…he’ll strike a deal that suits him
Jib
Oct 17, 2017 at 9:25 AM
Comment #24I see Andrew Henderson worked with Chris Mort at Freshfields
I always thought things would have been better if Mort had stayed
on as CEO at NUFC.
The rot started whem slimy Llambias was given the reins.
magscar
Oct 17, 2017 at 9:26 AM
Comment #25There has obviously been a lot of press speculation about Mike’s intentions towards the club.”
“I think that there is a view that over the years there has been a considerable investment, perhaps a feeling that all that can be done has been done.”
“So it is probably just a recognition that it might be time for a change.”
“Our intentions at the moment are to see if the club can be brought forward into new ownership by potentially Christmas.”
“That would allow for a period for serious interested parties to put themselves forward.”
“It would allow for a diligence process to carry on, and then hopefully by Christmas for a sale to conclude with the sort of flexibility around terms we have discussed.”
“If that weren’t possible then there is no desire to sell the club for any price to anyone.”
Above is opening from Andrew Henderson’s spiel which I hadn’t seen when posting earlier.
Last line is intriguing. Is he saying sale on our terms before Christmas or no sale??
Have to smile at so many who don’t believe a word from Ashley or his mouth pieces now grabbing at the headline and thinking land of milk and honey is ñow ahead. I have always held belief that Ashley does what is best for him the impact on us is incidental
Shoulders knees
Oct 17, 2017 at 9:32 AM
Comment #26Magscar
Did I dream Henderson saying on skysports news interview that Ashley would give Rafa funds in January window if clubs not sold ?
Mag52
Oct 17, 2017 at 9:44 AM
Comment #27Lots of speculation naturally about the sale.
Anyone know Blaydon races in Chinese ?
STB
Oct 17, 2017 at 9:55 AM
Comment #28I suspect Ashley would actually be delighted to sell to whomever the highest bidder is and would love to find a venkeys or other hooligan owner to show the fans we were better off with him.
Billionaires don’t like failing and even less if someone else comes in and does better.
Jail for Ashley
Oct 17, 2017 at 9:56 AM
Comment #29Mag52,
No doubt Jiblets will give us a rendition. Once it’s past moderation.
TyneMouth
Oct 17, 2017 at 10:00 AM
Comment #30‘Blaydon Races’ in Chinese?
Could be ‘Blaydon Laces’ perhaps…
Tsunki
Oct 17, 2017 at 10:02 AM
Comment #31Jesper “it doesn’t take a genius to figure out that if you really can afford to buy a football club then you don’t need the option to defer the payment!”
Nobody said anything about “needing” to defer payments. As i said this idea that someone would come along and try and buy a multi-million pound commercial investment on the old chucky-egg is incredibly naive even for this blog. It’s all about leveraging your investment to its maximum, it’s why people lease rather than buy, its why people rent rather than own, it’s why you buy that fridge on an interest-free loan. Nobody can do any of these things unless they pass credit muster, and while that might be easy to do at Curry’s, it won’t be the same with corporate lawyers. It’s not rocket surgery. 🙂
Tsunki
Oct 17, 2017 at 10:03 AM
Comment #32Braydon Races…
Ohhh me rads….
Tsunki
Oct 17, 2017 at 10:04 AM
Comment #33That was a bit Blaydonist i concede
sparky55
Oct 17, 2017 at 10:07 AM
Comment #34Tsunki…you’re wasted on here lad 🙂 🙂 🙂 pmsl
Tsunki
Oct 17, 2017 at 10:07 AM
Comment #35The sale by Christmas and the deferred payments thing is a carrot for buyers to know they will have time and resources to invest in the squad and get whoever they want in charge of running the club in place for the second half of the season. There will also be attractive interest from the media and the ongoing increased potential for advertising, sponsorship and whoever it is that owns it a big brand push.
martoon
Oct 17, 2017 at 10:08 AM
Comment #36Come on Tsunki get it right lad if you are going to apply racial stereotypes – the Chinese tend to pronounce ‘R’s as ‘L’s not the other way around! 🙂
Tsunki
Oct 17, 2017 at 10:08 AM
Comment #37That pitch was free mike next one will cost you:D
Tsunki
Oct 17, 2017 at 10:08 AM
Comment #38Martoon all right I said i was sorry! 🙂
Tsunki
Oct 17, 2017 at 10:09 AM
Comment #39…or was it sol….
Tsunki
Oct 17, 2017 at 10:10 AM
Comment #40Sparky you’re right i mostly am. Is that you across the road? What colour are my curtains?