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Report – Newcastle Issue Firm “No Comment” To Yesterday’s News



Yesterday seemed to be a very good day for Newcastle fans as we heard that Sheikh Khaled bin Zayed al-Nahyan and his Bin Zayed Group has set up a holding company which they called Monochrome Acquisitions Ltd.

Holding companies are set up to help facilitate an acquisition.

Mash Holding was the group Mike Ashley set up when he bought Newcastle just over 12 years ago.

The two directors named to the Monochrome Acquisitions company were Sheikh Khaled bin Zayed al-Nahyan himself and his Managing Director of the Bin Zayed Group Mihat Kidwai.

So a takeover is happening, but we don’t know the timeframe but if it’s 10 to 15 days the Premier League take to OK all documents and approve Sheikh Khaled as a fit and proper owner – it could be soon.

As usual, the Newcastle club and Mike Ashley issued a firm “no comment” to the news that lit up the Internet around 5:00 pm yesterday.

Mike Ashley and Sheikh Khaled

That’s according to the Express today after they had actually asked the club for a statement on the news.

Newcastle have yet to make any comment at all on the takeover which is taking place right now, and in fact, Mike Ashley hasn’t made a comment since the end of the season back on May 12th, when we hammered Fulham 4-0.

As a timely reminder, the following are the two statements issued on the takeover by the Bin Zayed Group last week.

This was issued on Monday, May 27th from Bin Zayed Group’s Managing Director Midhat Kidwai:

“In consideration of the numerous speculations in regards to the timelines of the acquisition of Newcastle United Football Club by Bin Zayed Group, we feel the need to issue this statement.”

“Terms have been agreed between us and Mike Ashley; these terms have been reflected in a document, signed by both parties, which has been forwarded to the Premier League.”

“The proof of funds statement was forwarded to Mike Ashley’s lawyers on 17 April 2019.”

“The so-called fit-and-proper Premier League process is a standard procedure which will take time, and we are doing all we can to assist the Premier League during this process.”

“We feel the need to clarify this point in order for the fans and the general public to understand the timelines.”

And here’s the second statement issued on Wednesday 29th May, again by Midhat Kidwai::

“We can confirm the representatives of his Highness Sheikh Khaled Bin Zayed Al Nahyan are in discussions with Mike Ashley and his team about the proposed acquisition of Newcastle United Football Club.

“We view it as an honour to have the opportunity to build on the strong support, history and tradition of the club.

“We have agreed terms and are working hard to complete the transaction at the earliest opportunity.”

That’s where we stand today, and it’s difficult for anybody to say the takeover is not happening.

Yes – it could still fail, but every day that goes by that becomes less and less likely.

Comments welcome.


63 comments so far

  • Jib

    Jun 6, 2019 at 2:45 PM

    Comment #1

    Ashley has defo signed a punitive NDA

    5
  • yogz69

    Jun 6, 2019 at 2:49 PM

    Comment #2

    Fat man’s on the way out, hoping for an announcement tomorrow would be the start of a great weekend.

    1
  • jon

    Jun 6, 2019 at 2:52 PM

    Comment #3

    We actually should have scored about 7 at the Fulham game!

    1
  • Shadow_Shearer

    Jun 6, 2019 at 2:55 PM

    Comment #4

    Jib

    Fat boy wouldn’t talk even if he haven’t signed an NDA

    9
  • jon

    Jun 6, 2019 at 3:00 PM

    Comment #5

    Bzg will have him gagged

    2
  • Optimistic Oryx

    Jun 6, 2019 at 3:01 PM

    Comment #6

    In a cupboard

    5
  • Jail for Ashley

    Jun 6, 2019 at 3:01 PM

    Comment #7

    No Jib he’s just a cnut who wouldn’t tell us either way. When has him or Churnley, or any of them readily communicated over the last eleven years.

    19
  • Ron Knee

    Jun 6, 2019 at 3:05 PM

    Comment #8

    “That’s according to the Express today after they had actually asked the club for a statement on the news.”

    What does “the club” mean anyway?

    3
  • Jail for Ashley

    Jun 6, 2019 at 3:06 PM

    Comment #9

    yogz69,
    I hope Fatty says nowt, just gets Churners to stuff as much of the SD signage in to his dufflebag and does one without preamble.

    5
  • Jail for Ashley

    Jun 6, 2019 at 3:08 PM

    Comment #10

    Ron Knee,
    I always type it in inverted commas when talking about ”the club” who are they exactly?

    0
  • Ron Knee

    Jun 6, 2019 at 3:10 PM

    Comment #11

    Probably nobody at SJP, Jail.

    2
  • Jib

    Jun 6, 2019 at 3:10 PM

    Comment #12

    Some short memories on here
    He’s never said “No Comment” before

    It’s usually something like “not true” or “we’ve not had contact”

    3
  • Ron Knee

    Jun 6, 2019 at 3:16 PM

    Comment #13

    Who’s “he” though, Jib?

    4
  • Jib

    Jun 6, 2019 at 3:23 PM

    Comment #14

    Ron it always goes back to MA
    No one takes a piss at SJP without his say so

    1
  • Mindshaft

    Jun 6, 2019 at 3:24 PM

    Comment #15

    Well we won’t have to worry about our idiot fans abroad for the next euros as we’ll no longer he part of Europe … Actually does that also mean we get kicked out if uefa, Europa and European champions league – wouldn’t be a bad thing as clearly toon are never going to win it and even less likely that complete bag of poo England will win euros

    4
  • ilovetoon8788

    Jun 6, 2019 at 3:24 PM

    Comment #16

    I firmly believe that the shiet direct signs being removed is for the takeover that is happening.

    Due to the NDA, people working have no choice but to say its for digital board purposes and earlier was said to be for cleaning.

    Signs were never removed in the past few years.

    Takeover is happening and this is all the preperations for it.

    1
  • Sheik-en but not stirred

    Jun 6, 2019 at 3:24 PM

    Comment #17

    Jabba is to busy stuffing his face with a pie to make a comment!!

    Thankfully we will never hear from him again!

    4
  • Jib

    Jun 6, 2019 at 3:25 PM

    Comment #18

    He’ll very shortly be a distant (bad) memory

    5
  • Jail for Ashley

    Jun 6, 2019 at 3:25 PM

    Comment #19

    Ron Knee,
    Imo it’s got nowt to do with NDA’s but everything to do with the utter contempt he’s shown us for eleven years now.

    9
  • Ron Knee

    Jun 6, 2019 at 3:27 PM

    Comment #20

    @15

    Is the UK moving into the middle of the Atlantic?

    6
  • babeandbp

    Jun 6, 2019 at 3:31 PM

    Comment #21

    Amanda Staveley is definitely involved in this, for sure.

    1
  • Sheik-en but not stirred

    Jun 6, 2019 at 3:31 PM

    Comment #22

    Ron knee….

    Atlantic??? I know brexit is happening but that is taking things a bit far haha..

    1
  • magicmac54

    Jun 6, 2019 at 3:32 PM

    Comment #23

    Jail for Ashley, your comment is spot on he is just a cnut and wouldnt tell us either way, lets hope all this speculation is true and we finally see the end of Ashlie and his little side kick Charnley at our great club, every fan will be simply delighted apart from one guy on this blog who always seemed to back Ashlie perhaps he was having a bromance with Ashlie he he he. HWTL.

    4
  • Jib

    Jun 6, 2019 at 3:33 PM

    Comment #24

    Mindshaft
    You are getting confused between UEFA and the EU
    The HQ of UEFA is in Nyon Switzerland

    Switzerland isn’t in the EU

    4
  • Ron Knee

    Jun 6, 2019 at 3:33 PM

    Comment #25

    More convenient if we’re going to be the 51st state, Sheik.

    3
  • Binney

    Jun 6, 2019 at 3:36 PM

    Comment #26

    https://twitter.com/GraemeEverett/status/1136612400969523200?s=09

    S**** Direct signs in a skip outside SJP. They’re either getting rid for good or getting new ones…

    6
  • yogz69

    Jun 6, 2019 at 3:40 PM

    Comment #27

    Jail I totally agree, I was meaning an announcement from the new owners not the fat cnut. Let’s hope 1, they announce the takeover, 2 they announce rafa is staying and 3 we bring big Ron home ( solomon that is not the racist big Ron)

    3
  • Sheik-en but not stirred

    Jun 6, 2019 at 3:47 PM

    Comment #28

    I have been thinking one thing in the last few days….

    How did Jabba last this long?? How did we not drive him out??
    What is it about us Newcastle supporters that accepted what he did to our club??

    Looking back there have been some painful times yet we just didn’t kick up a big fuss….

    Many lifelong fans had started to fall out of love with the club

    5
  • Mister Tuff

    Jun 6, 2019 at 3:49 PM

    Comment #29

    The waiting is torturous – heightened by the belief by most that Tubbs is selling up. Surely it can only be a matter of a few days before new owners are declared.

    Do not think it right for the promulgation of Project Fear doctrines on here, moving to the middle east -or the middle of the Atlantic – old folks and blog grannies will start worrying.

    2
  • lochinvar

    Jun 6, 2019 at 3:53 PM

    Comment #30

    Joselu will be signing for Spanish club Alaves shortly, according to claims coming from the country on Thursday.

    Mundo Deportivo reports it’s a ‘matter of time’ before the deal is done, and they say the 29 year old is set to ‘flee’ after failing to get enough opportunities under manager Rafael Benitez.

    Shame really ?

    3
  • Ron Knee

    Jun 6, 2019 at 3:54 PM

    Comment #31

    We could anchor next to Puerto Rico!

    4
  • rozehnal

    Jun 6, 2019 at 3:55 PM

    Comment #32

    Guys hang in there, It is got to be nearly done. Just fit and proper test that could mess this up. NOT ASHLEY. From what that person told me couple days Ashley is desperate to get rid and FA just needs to sort out the connections between new owner and Citeh owners.

    Hopefully we will be seeing an Abu Dhabi Derby next season.
    🙂

    2
  • shaun83

    Jun 6, 2019 at 3:55 PM

    Comment #33

    Anyone know how much money this group has? Are we talking Man City?

    1
  • hibbit

    Jun 6, 2019 at 3:55 PM

    Comment #34

    babeandbp

    Jun 6, 2019 at 3:31 PM

    Comment #21
    Amanda Staveley is definitely involved in this, for sure.

    You think so do you ?????????????????????
    and it could be just a coincidence that both companies have there head office in the same building 😉

    2
  • lochinvar

    Jun 6, 2019 at 3:56 PM

    Comment #35

    Mackems must be delighted that they can at last fill the Stadium with fans…for the Spice Girls reunion gig…but wait there’s only 4 of them turned up.

    Victoria Beckam has something better to do than going to Sunderland, like going to the nail bar.

    3
  • Sheik-en but not stirred

    Jun 6, 2019 at 4:01 PM

    Comment #36

    @hibbit

    I doubt she is involved in anyway because people like her would love there name in the public if they are involved because it’s how they make there money!!!

    Having her name all over big business deals is the big thing

    0
  • hibbit

    Jun 6, 2019 at 4:05 PM

    Comment #37

    Sheik-en but not stirred

    that’s an assumption on your behalf and just not true

    6
  • rozehnal

    Jun 6, 2019 at 4:20 PM

    Comment #38

    Weirdly enough just seen the person who knows Ashley just after I last posted on here, I asked him any latest on the takeover and similar as what he said last time, it is definitely going through and FA is the hold up.

    3
  • G

    Jun 6, 2019 at 4:20 PM

    Comment #39

    A mate of mine works at the Gateshead Marriott reckons there is a large business booking there this weekend for a group of gents from the Middle East. 2 things wrong with this, firstly he says he can’t remember the name or which country they are from, and secondly, the mate in question supports some minor league outfit down the coast. WUM alert I reckon.

    1
  • lochinvar

    Jun 6, 2019 at 4:27 PM

    Comment #40

    “To be is to do”—Socrates.
    “To do is to be”—Jean-Paul Sartre.
    “Do be do be do”—Frank Sinatra.
    “Dub-ai Dub-ai-do” – Lochinvar

    6


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