An Interesting Development In Takeover Could Lead To A Quicker Deal


If it’s true, there was some good news today that Peter Kenyon is close to doing a deal to acquire Newcastle United.

A letter from him to Mike Ashley was leaked, and it suggested he was the first choice by Ashley as the best fit to take Newcastle forward once Ashley sells the club.

But the Sun has reported a few times that Kenyon can only raise £200M and that’s about £100M short of what the owner is asking for the club,

The Chronicle are reporting today that Mike Ashley’s advisors have suggested that two of the consortiums interested in buying Newcastle should pool their resources.

That’s the Peter Kenyon one – with Rockefeller Capital Management group providing the funding, and the other is the one led by former Manchester City executive Garry Cook.

Garry Cook – leading one of the consortia trying to buy Newcastle

Cook is thought to have received financial backing from America too.

Mike Ashley is keen that the two interested consortia join forces – probably because he will get £300M for the club.

One thing they will need to decide is which of the two people leading the two consortia will be the top man at Newcastle once a deal is signed.

We are assuming Peter Kenyon or Garry Cook will become the Chairman when Ashley finally sells the club.

We suppose they could be joint Chairmen as is the case with West Ham at the moment with David Sullivan and David Gold – but that rarely works in practice.

Anyway, it does seem with the news today that Ashley is trying to get the club sold – always assuming these reports are accurate.

He returns from holiday next week.

What do you think?

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Comments welcome.


125 comments so far

  • Essex Geordie Bill

    Jan 5, 2019 at 1:45 PM

    Comment #1

    And again

    Guess the team effort:-

    Woodman

    Manquillo Lazcellez Lejeune Clarke

    Murphy Zhelvey Hayden Longztaff

    Peres

    Jozelu

    1
  • Essex Geordie Bill

    Jan 5, 2019 at 1:46 PM

    Comment #2

    3 hours 43 Minutes to KO

    0
  • Mag :P

    Jan 5, 2019 at 1:51 PM

    Comment #3

    Please don’t bother reposting that drivel catchy. I don’t plan on falling asleep before the toon game.

    15
  • Optimistic Panda

    Jan 5, 2019 at 1:53 PM

    Comment #4

    Catchy

    By a looks of things a lot of stuff passes you by!

    Who says Rafa signs the players?

    That’s what I’m questioning.

    Maybe he wanted Kennedy so badly because when the club signed Murphy instead of Townsend Rafa realised Murphy wasn’t ready!

    I have absolutely no idea what you’re trying to say regarding Lascelles!

    Lascelles wouldn’t be my first name on the team sheet if you’re asking, atm he wouldn’t be in my 11 either.

    9
  • Optimistic Panda

    Jan 5, 2019 at 1:54 PM

    Comment #5

    Mag

    I thought it was me, bit confusing?

    1
  • Lindisfarne

    Jan 5, 2019 at 1:54 PM

    Comment #6

    Bambams

    To “activate the involvement” of your source would a figure of had to been agreed for the sale of the club?

    1
  • Optimistic Panda

    Jan 5, 2019 at 1:55 PM

    Comment #7

    Catchy
    .however Lascelles would be in my 11 today, think the game will suit him..

    Cue mistakes from Lascelles

    0
  • jane

    Jan 5, 2019 at 1:55 PM

    Comment #8

    Josh Maja would be a good signing

    2
  • Optimistic Panda

    Jan 5, 2019 at 1:57 PM

    Comment #9

    Bambams

    This article says both American money.

    1
  • Optimistic Panda

    Jan 5, 2019 at 1:58 PM

    Comment #10

    Can we sign that Maja and play him in the Checkatrade Trophy against them?

    Pleeeeeeeeeeeeease

    6
  • West Lancs Geordie

    Jan 5, 2019 at 1:59 PM

    Comment #11

    Ashley’s big plan let two consortiums pool their resources will never happen . Too many Cooks!! and all that. Who actually fronts the operation FCB? Won’t work KFC is already a recognised SUCCESSFUL brand name anyway = they’d breaking copyright law and we are in enough of a mess without that.
    FFS just sort it, it’s getting more weary than Brexit now with self centred barstewards wanting to be top dog.

    1
  • Lindisfarne

    Jan 5, 2019 at 2:00 PM

    Comment #12

    I’d rather have Dick n Dom

    0
  • BlacknWhiteBarmy

    Jan 5, 2019 at 2:03 PM

    Comment #13

    Beeb are offering – In-play clips available from 12:30 & 17:30 games (UK users only).

    So how many clips (goals) will we see ……………..

    0

    1
  • Bambams

    Jan 5, 2019 at 2:03 PM

    Comment #14

    Lindisfarne

    Cheers for that…..

    What my source told me is they were sorting out stuff from Ash side of things, he had everything in place for a sale to go through. They were told the figure of £350 million, yes i know the general feeling is £300 million but this is what i was told. Maybe this was the figure Ash wanted to see to prove not time wasters, they believe this was the asking price set by ash.

    No sale had been agreed at that time, they were involved with advisers on behalf of the buyer. Talks were still ongoing up to Christmas – i have heard very little since other than it was not dead in the water as some suggested, looks like they were right.

    Cheers mate

    5
  • Optimistic Panda

    Jan 5, 2019 at 2:04 PM

    Comment #15

    Black n white

    IPlayer?

    0
  • Mag :P

    Jan 5, 2019 at 2:06 PM

    Comment #16

    What op? You’ve confused me now haha.

    1
  • Lindisfarne

    Jan 5, 2019 at 2:09 PM

    Comment #17

    Lee Catchy

    https://player.fm/series/everything-is-black-and-white-a-newcastle-united-podcast

    If you listen to the podcast about this transfer window, you will get the strong impression that NUFC does not have a coherent way of carrying out transfers which we can evidently see over the last 11 years. Apart from when Rafa (with Charnley) took sole responsibilty for restructuring the squad for the last relegation, three summers ago, since then there has been a great deal of interference by Turdboat.

    2
  • BlacknWhiteBarmy

    Jan 5, 2019 at 2:10 PM

    Comment #18

    OP – no in the live feed on the sports site – goals only it would seem – but better than nothing

    1
  • Lindisfarne

    Jan 5, 2019 at 2:12 PM

    Comment #19

    Leazes Flags ? ? ? ?
    ?

    @FlagsLeazes
    13m13 minutes ago
    More
    Replying to @belza2 @LeeMarshall9 and 5 others
    I think the point is being avoided here. The club did not have the right to destroy any of the flags even if the value was £1 ranging through to the £4500. We were advised that the flags could remain until Saturday. By Thursday lunch time, the skip was being filled. @NUFC #NUFC

    4
  • BlacknWhiteBarmy

    Jan 5, 2019 at 2:14 PM

    Comment #20

    3 pages without a comment from Jib – has he been dragged out to Fenwicks sale?

    4
  • Lindisfarne

    Jan 5, 2019 at 2:16 PM

    Comment #21

    Bambams

    Thanks for the information,
    I believe the ‘letter’ is genuine but does not guarantee that a sale will be agreed.

    1
  • Optimistic Panda

    Jan 5, 2019 at 2:16 PM

    Comment #22

    Blacknwhite

    Cheers mate

    0
  • BlacknWhiteBarmy

    Jan 5, 2019 at 2:16 PM

    Comment #23

    just see this “Looks like Florian Lejeune, Jamie Sterry, Sean Longstaff and Freddie Woodman all set to start for much changed NUFC today”

    Shame no Sorenson but at least its a start – if true of course

    2
  • catchy in norway

    Jan 5, 2019 at 2:16 PM

    Comment #24

    once again i’m right, you just admitted it.

    Lascelles is not as good as you all thought. most jumped on the bandwagon because rafa made him captain, the only reason.

    the question was who are our best defenders at the club, not on current form you numpty, on current form Florian wouldn’t be on the list, but he tops it.

    oops is that a chink in the armour? first signs that the faithful dare to question Rafa almighty.

    every thing you say about teams players formations is all speculation. Mine is base on facts, you may not like them, and the fact is you don’t know anything about football.

    10 out 10 for taking sht though.

    2
  • catchy in norway

    Jan 5, 2019 at 2:17 PM

    Comment #25

    Mag

    that treat them mean routine isn’t going to work on me, you bat for the other side.

    2, i’m still laughing now man

    0
  • SPRINGY

    Jan 5, 2019 at 2:20 PM

    Comment #26

    Regarding maja
    Ano a lad at the gym who’s a member of the unwashed and he says this lad scores but is not a good footballer at the minute….clumsy touch,not good build up play and not very strong,so not so sure theres much in this tbh…. although it would be funny to put a dent in the unwashed promotion challenge like byvtaking him on the cheap!! Lol

    1
  • toon22

    Jan 5, 2019 at 2:23 PM

    Comment #27

    It took time and effort to hoy the flags out
    Can’t have been an accident

    They are making mugs of us

    2
  • c-dog

    Jan 5, 2019 at 2:26 PM

    Comment #28

    jane
    Jan 5, 2019 at 1:55 PM
    Comment #8
    Josh Maja would be a good signing

    For an ardent Ashley supporter like you
    If signings like this come to fruition the onus is on us to hound them out of the club so they leave for less than what we paid

    3
  • Optimistic Panda

    Jan 5, 2019 at 2:27 PM

    Comment #29

    Catchy

    You been on the thinners?

    I didn’t even vote on the 4 best CB’S

    Just out of interest was the vote on best CB’S or best in form?

    That’s your problem right their!

    You assume that I and others you spout your rubbish at, are the ones who’ve voted on these polls!

    Have you ever noticed there’s thousands of voters and a couple hundred posters at best?

    Honestly lad you’re cuckoo!

    Straw man

    7
  • jazzyp

    Jan 5, 2019 at 2:29 PM

    Comment #30

    Leazes Flags
    ?

    ?

    ?

    ?
    ?

    @FlagsLeazes
    Follow
    Follow @FlagsLeazes

    More
    #Update#
    We estimate that with the flags that we have salvaged, we have approximately half left. There is no way that 4000 flags were “stolen” by fans. This is a horrible allegation for the club to make. We know there were thousands of flags left inside the stadium ,THOUSANDS …

    8
  • catchy in norway

    Jan 5, 2019 at 2:31 PM

    Comment #31

    OP

    Who Are The Best Two Center-Backs At Newcastle?

    Fernandez (37%, 2,769 Votes)
    Lejeune (34%, 2,514 Votes)
    Schar (17%, 1,262 Votes)
    Lascelles (11%, 820 Votes)
    Clark (1%, 88 Votes)

    1
  • toon22

    Jan 5, 2019 at 2:31 PM

    Comment #32

    So were to believe MA wants to sell
    But he wants the sale to include his tat shop adverts
    So he is asking the buyer to take all of the risk and cost of the club while he benefits from their efforts ?

    Nobody in there right mind is going to give him that

    And thats exactly the point,nobodys going to accept those terms
    The non story about both fake bids joining into a bigger fakeover is even less of a non starter

    He has no intention of selling

    5
  • Optimistic Panda

    Jan 5, 2019 at 2:31 PM

    Comment #33

    Catchy

    And?

    1
  • Lindisfarne

    Jan 5, 2019 at 2:32 PM

    Comment #34

    Special Q&A with Mark Douglas – What to expect in January, what is the transfer policy, and what is the Chronicle’s editorial

    22 minutes in he describes the clubs transfer policy

    1
  • catchy in norway

    Jan 5, 2019 at 2:32 PM

    Comment #35

    you may not have voted, but thousands did

    and i’m pretty sure i didn’t assume it

    lmfao

    1
  • toon22

    Jan 5, 2019 at 2:33 PM

    Comment #36

    jazzyp

    Yep the fans are a bunch of theiving toe rags now ?

    How low do you think theyll stoop ?

    And i thought the club had hit rock bottom,it seems i was wrong

    The guy is making a mug of the club

    2
  • catchy in norway

    Jan 5, 2019 at 2:33 PM

    Comment #37

    Lindis

    do you honestly pay any attention to what is printed in the Chronicle?

    wow

    0
  • Lindisfarne

    Jan 5, 2019 at 2:34 PM

    Comment #38
  • jesperfuglsang - capt'n awesome of the lemon crew

    Jan 5, 2019 at 2:34 PM

    Comment #39

    Lindisfarne….could you highlight what you mean about interference by Ashley in terms of transfers and how so?

    Maybe paraphrase what’s said and the source for the claim!

    I am sure Rafa doesn’t have final say but should he really have that? But how does Ashley interfere and are players who he has not have had his scouts scouting being forced on him?

    Who scouts them then? Charnley?

    We are basically talking about a manager who doesn’t know his budget and who it seems have players forced on him. Wasn’t that exactly why Keegan left and took Ashley to court and won?

    If Rafa is not able to do his job which I think we all agree should go with out saying why is he just going along with it. It hurts us and it hurts him…

    Why is he contemplating signing a new contract? It just doesn’t make sense unless Rafa is fine with how we conduct our transfers (on most parts)

    I am just confused here that’s all…

    1
  • Belfast

    Jan 5, 2019 at 2:34 PM

    Comment #40

    We’ve been linked with that lad Maja in the past. You can’t really blame him for turning down five grand a week, when his agent knows he could get 30 grand a week elsewhere.

    1

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