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.