More Housekeeping At Newcastle Suggests A Pending Acquisition


The Chronicle is reporting today that another application has been made by the club to strike SJH Investments Ltd off the register of St. James’ Park Holdings.

Four companies were struck off the list on June 5th – last Wednesday – and they were Newcastle Strawberry Limited, Newcastle Star Limited, Newcastle West Development Limited, and SJH Investment Limited.

They all had been loosely linked with St. James’ Park Holdings.

Also, on the same day last week, Bin Zayed Group created a holding group called Monochrome Acquisitions Ltd (translated as Newcastle Acquisitions Ltd) – put in place to facilitate a takeover.

However, true to form, Newcastle have again insisted the fifth company being struck off the register of St. James’ Park Holdings is just a matter of ‘housekeeping’ to tidy up United’s corporate structure.

It is housekeeping, but it’s because of a pending takeover of Newcastle United.

And until that takeover happens or breaks down, nothing can move forward at the club, in what is a sorry mess the owner Mike Ashley has (again) created at the club.

Mike Ashley is a director on St. James Park Holdings which was set up in 2007 Ashley, specifically to acquire all the shares of Newcastle United Football Club.

If there is stuff going on with that company, then it suggests that a takeover is coming.

When that will happen, we don’t know, and until it does, we suppose Ashley will remain mum and tight-lipped – taking fans for idiots again.

But that’s how Mike Ashley has operated at the club: he seems to hold our fans in disdain.

But this is another sign that a takeover of Newcastle United is in progress.

Believe us.

Comments welcome.


14 comments so far

  • Nostradamus the Geordie

    Jun 9, 2019 at 3:55 PM

    Comment #1

    1st

    0
  • Nostradamus the Geordie

    Jun 9, 2019 at 3:56 PM

    Comment #2

    Finally beat Irish Rob lol

    1
  • lochinvar

    Jun 9, 2019 at 3:56 PM

    Comment #3

    Nearly first

    1
  • Jib

    Jun 9, 2019 at 4:02 PM

    Comment #4

    NY
    they leave the structure exactly like it was when Ashley bought us

    Except for Foundation stuff ,and they have been reported as saying
    they want more community involvement.

    3
  • NY Mag

    Jun 9, 2019 at 4:03 PM

    Comment #5

    I guess I missed the bus on the last thread and this one seems more apt…..

    Jib,

    I think it was you who mentioned about the chron running an article on the companies house thing. If their reporters had bothered to investigate they would see that.

    A) not all the companies being dissolved are dormant
    B) all of the companies being dissolved have been set-up by Ashley and are controlled by st James holding (not the club)
    C) none of the dormant companies under Newcastle United Limited are being touched – why?

    They are right about one thing, there is a clean-up – there is a systematic wipe down in progress that will leave the structure exactly like it was when Ashley bought us

    7
  • simon376

    Jun 9, 2019 at 4:03 PM

    Comment #6

    NYM
    Really good to get your input on the accounts and companies house info

    5
  • Jib

    Jun 9, 2019 at 4:05 PM

    Comment #7

    I think they’ll keep Charnley on for the interim and
    then he’ll probably take on the Foundation.
    For all the abuse he gets on here he seems to have
    his heart in the right place.

    He actually spent a night last winter sleeping on the
    terraces to show solidarity with the homeless.

    4
  • NY Mag

    Jun 9, 2019 at 4:07 PM

    Comment #8

    Ah jib,

    You already saw it, so no need for the repost

    Yes, the foundation is untouched – but that is a separate entity, not controlled by either the club or st James holdings

    2
  • Jib

    Jun 9, 2019 at 4:11 PM

    Comment #9

    It will be so ironic if the game no one wanted
    goes to penalties

    0
  • toon22

    Jun 9, 2019 at 4:13 PM

    Comment #10

    The company house stuff is just about exactly what they did the last time he sold us
    It was even JIB who brought it up

    Same lie as usual
    For the same reasons as usual

    3
  • toon22

    Jun 9, 2019 at 4:14 PM

    Comment #11

    Even the same poster as usual

    1
  • Darnik

    Jun 9, 2019 at 4:53 PM

    Comment #12

    It actually might have been me that brought it up toon 22 so leave jib alone on this one please

    3
  • IrishRob

    Jun 9, 2019 at 5:05 PM

    Comment #13

    Nice one nostradamus. Fair play pal.

    0
  • IrishRob

    Jun 9, 2019 at 5:10 PM

    Comment #14

    Toon22 I seriously cant wait to see what you’re going to Sh*te on about when we’re taken over by a Sheikh billionaire. I’m legit looking forward to what you can moan about then. Lol

    3

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