web analytics



UAE Reporter In Contact With BZG – Takeover Silence Is Key – Deal Not Far Away



The Shields Gazette interviewed Dubai resident and Geordie Peter Redding a day or two ago.

Peter works for Capital Radio out in the United Arab Emirates and provided some much-wanted insight into BZG and Sheikh Khaled.

Redding has been a radio and TV sports presenter, and pundit for more than a decade now.

This is some of the insight Peter Redding gave to the Gazette during the Q and A  interview.

“Sheikh Khaled Bin Zayed Al Nehayan is a well-respected business pioneer of the UAE, of that there is no doubt.”

“A little look at his CV shows how qualified the man is – he is a graduate of Boston University, and he has completed his Ph.D. course work in finance from Michigan State University.”

“He is the chairman and founder of the Bin Zayed Group – established in 1988.”

“Given his wealth you only have to look at the company’s trading and profits.”

“Here in the UAE local business people do not speak of wealth it is known as Haram (forbidden in Islamic law).”

“But it is definitely safe to say he is a serious player.”

“As far as a deal currently – I think the silence is key. And that can definitely be seen as a positive.”

“I have open contact with BZG and, speaking to them, I feel a deal to buy Newcastle United is not far away.”

“Knowing the culture of the UAE and being involved in sport, this is no smokescreen as viewed by many back in the UK.”

“This group are the real deal.”

“I think the BZG group are looking to replicate foreign ownership from the likes of Man City and PSG.”

“While I don’t think that kind of wealth is an option I can see this being huge for Newcastle United.”

That’s very good (and positive) information from Peter Redding.

If we only read what BZG have said things seem (very) positive.

But it’s the club’s leaked information to the Chronicle that has confused things, with Mike Ashley still saying he has yet to receive a formal offer from BZG.

This needs to be sorted out and sooner rather than later.

But we’ve been saying that for nearly four weeks now.

And time marches on.

Comments welcome.


373 comments so far

  • JohnJ

    Jun 21, 2019 at 8:13 PM

    Comment #241

    I’ve just read this in The Mag

    https://www.themag.co.uk/2019/06/absolutely-disgraceful-from-steve-harmison-on-rafa-benitez-but-he-has-got-form-nwcastle-united/

    There seems to be a few Inconsistencies in the report.

    1
  • IrishRob

    Jun 21, 2019 at 8:14 PM

    Comment #242

    #26 Geordie Tom, only to watch Sunderland.

    1
  • thereallowickmag

    Jun 21, 2019 at 8:15 PM

    Comment #243

    Rob
    Is it common in buying businesses for heads of terms to be changed after they’ve been agreed? I cant see that being very popular in the business world.
    Unfortunately our horrible owner thrives on being unpopular.

    3
  • captainmarvel

    Jun 21, 2019 at 8:23 PM

    Comment #244

    What you have to bear in mind is that Ashley will not disclose anything to anybody, he is very, very, particular about his business affairs. Everything will be controlled to his satisfaction, nothing will be leaked that is why NDAs are being used.
    It is very clear that there are happenings at SJP, the club are saying nowt there is a reason for that Charnley would be out on his ear if he let the cat out of the bag. I am confident the sale is happening its just the case of when…

    0
  • Elmanio

    Jun 21, 2019 at 8:28 PM

    Comment #245

    Within a quoted price there are many variables & when talking about a multi million pound deal that’s extremely complex & time consuming

    If you look @ Ashley’s actions re Rangers he puts great value in merchandising & other revenue streams & therefore these must be part of any deal

    I said the other day the deal was done but that doesn’t mean everything will then happen straight away & announcement’s made – as far as I’m aware no one from the Club or BZG have ever mentioned a date

    Rafa has an offer from the Club on the table – this is public knowledge – my guess is although talks between him & people @ BZG have happened in no way can Rafa agree anything with them until the transaction is done

    2
  • jane

    Jun 21, 2019 at 8:28 PM

    Comment #246

    it’s an educated guess.

    1
  • oldarse

    Jun 21, 2019 at 8:29 PM

    Comment #247

    And the big plus is no players in or out.

    2
  • bill

    Jun 21, 2019 at 8:31 PM

    Comment #248

    I don’t get this. Do people really believe Mike Ashley has the whip hand here? This is not the case. Why would an Arab multi-billionaire be bothered one way or the other is this deal goes through or not. There are plenty of football clubs out there who would welcome this opportunity for investment.

    2
  • Binney

    Jun 21, 2019 at 8:32 PM

    Comment #249

    I give it 9 more days until we find out if this whole thing was just a pack of lies. Tick tock 🙂

    3
  • willowdalerez

    Jun 21, 2019 at 8:37 PM

    Comment #250

    I don’t do politics on here but as we wait on news of the takeover this is entertaining and apparently the neghbours kept a recording (read the whole article), whose laffin more Corbyn, Hunt or May because from the reading and the fact there’s tape of it Ol Boris probably just did himself right n good once the tape goes to telly.

    https://www.theguardian.com/politics/2019/jun/21/police-called-to-loud-altercation-at-boris-johnsons-home

    3
  • bettyswallocks

    Jun 21, 2019 at 8:46 PM

    Comment #251

    Never mind SD stores being firebombed, if Ashley screws this sale up due to his insatiable greed then he deserves to be personally firebombed.!!
    What say you Jane?

    11
  • DavidKelly9

    Jun 21, 2019 at 8:46 PM

    Comment #252

    Elmanio so your still sticking by your done deal ?

    1
  • Elmanio

    Jun 21, 2019 at 8:49 PM

    Comment #253

    DavidKelly9

    Indeed I am but I have no dateline for announcements

    1
  • willowdalerez

    Jun 21, 2019 at 8:54 PM

    Comment #254

    How can anyone say “done deal”? If it were done and dusted the NDA would terminate and there’d be an announcement. Something is holding up any “deal” which means and an almost deal is the same thing as no deal! No done deal until there’s an official announcement.

    1
  • DavidKelly9

    Jun 21, 2019 at 8:56 PM

    Comment #255

    Elmanio I have seen what Darren Gough said today i have met him a few times at the cricket nice lad cant see he has any reason to lie so if he says he has seen evidence of Mike is p***ing about and moving the goalposts whenever a deal seems close i will take him on face value
    I understand your info comes from people close to mike no offence intended towards your good self but i would not trust anything that comes from that fat slugs side

    1
  • Lovem or Hatem

    Jun 21, 2019 at 8:58 PM

    Comment #256

    @ Elmanio

    I believe in your confidence that the deal has been done. Just wish an announcement would be made by someone soon.

    0
  • jane

    Jun 21, 2019 at 9:03 PM

    Comment #257

    “Call the anti-terrorist hotline on 0800 789 321 to report an immediate threat to life or property.”

    https://www.gov.uk/report-suspicious-activity-to-mi5

    0
  • Elmanio

    Jun 21, 2019 at 9:03 PM

    Comment #258

    DavidKelly9

    No offence taken

    I wouldn’t believe someone random blog poster myself

    All I’m attempting to do is standby my claim from Wednesday in the genuine hope that it might help some to stay positive

    3
  • captainmarvel

    Jun 21, 2019 at 9:06 PM

    Comment #259

    I believe Elmanio. Lets face it there is nothing to suggest the sale is not happening…

    2
  • DavidKelly9

    Jun 21, 2019 at 9:07 PM

    Comment #260

    Mike up to his normal tricks. Strong reports the manager will go next week whats to be positive about

    1
  • toon22

    Jun 21, 2019 at 9:07 PM

    Comment #261

    Its the usual load of bollix
    NO different to all the other people over the last 12 years with “news” about the fakeover

    Not the first and certainly wont be the last

    4
  • DavidKelly9

    Jun 21, 2019 at 9:10 PM

    Comment #262

    Elmanio sorry to probe further I do value you info but can i ask who you know who told you its a done deal and why has not on bit of the media got wind of this?

    0
  • Mund

    Jun 21, 2019 at 9:14 PM

    Comment #263

    Bill

    I am more confident than not that it will happen. I am even more so after your post. Your 100% right why would an arab multi billionaire stick about if Ashley was playing games he would just go and buy another club.

    1
  • captainmarvel

    Jun 21, 2019 at 9:14 PM

    Comment #264

    First game at SJP Len white (he had massive thighs), and George Eastham played too, we were beaten 1-2 by Arsenal, soon after Eastham left to play for them. Long time ago!!
    I also saw wor Jackie in a testimonial game at Gatesheed stadium he scored a screamer from fully 35 yards out those casers were like rocks it was an incredible strike from a great man..

    3
  • Elmanio

    Jun 21, 2019 at 9:14 PM

    Comment #265

    DavidKelly9

    I can’t say

    At the moment I’m just a random blogger who could be making stuff up. if I made my Contact public then he is f**ked & I’ve lost a great & trusted friend

    5
  • Tony Baloney

    Jun 21, 2019 at 9:17 PM

    Comment #266

    I have listened to Darren Gough on the cricket and he is very entertaining and likes to tell a story. He wouldn’t be the first to exaggerate what they know and how close they are to someone. I really don’t think him or Harmison have any reason to lie but if you’re on the radio you might turn something a bit boring into more than it is.

    Funny how these cricketers know so much about NUFC all of a sudden.

    3
  • Darnik

    Jun 21, 2019 at 9:17 PM

    Comment #267

    Other than the official statement from BZG and the confirmation from the club followed by no comment, the rest is hear say and conjecture, monochrome, lawyers and rafa staying silent all reeks of a takeover in my opinion, too many small details stopping me from losing faith this time add to that the loss of face in the UAE…. Its happening

    3
  • captainmarvel

    Jun 21, 2019 at 9:20 PM

    Comment #268

    Toon 22 Personally I am a glass half empty kind of guy but your mindset is pants, any chance you calling the Samaritans they might be able to help?

    2
  • stan anderson

    Jun 21, 2019 at 9:21 PM

    Comment #269

    Lots of new names on here putting in their 2 penneth.
    All good news if you believe them,or is is Mackems having a laugh.
    They need something to entertain them FFS.
    AshLie Oot

    2
  • willowdalerez

    Jun 21, 2019 at 9:22 PM

    Comment #270

    Bill you are correct there are plenty of football clubs out there who would welcome this opportunity for investment but you are underselling our club… There are not a lot of Prem Clubs left like ours that can truly be huge clubs like Liverpool, ManU, Citeh etc. I give you:

    Exhibit A – St. James Stadium (new stadiums that fit crowds our size are big money) what a beauty
    Exhibit B – Rabid local fanbase with long history, great traditions and turnout (even when the team is piss poor)!
    Exhibit C – The other obvious top – Liverpool, London and Man City are full up

    Don’t think there’s a choicer opportunity if you want to build a legacy.

    2
  • captainmarvel

    Jun 21, 2019 at 9:25 PM

    Comment #271

    New name on here but used to post on the original Chronny forum long before Ashley came, Fairscup will vouch for that.

    3
  • DavidKelly9

    Jun 21, 2019 at 9:34 PM

    Comment #272

    Elmanio appreciate that can i ask what he is to mike n why we can trust his info given the fat man is a proven liar I even read today its barnes who is doing his talking on the deal

    1
  • supersholamackemslayer

    Jun 21, 2019 at 9:35 PM

    Comment #273

    Will it even happen before the transfer deadline. We’ve got so much to do

    3
  • bill

    Jun 21, 2019 at 9:36 PM

    Comment #274

    I’m not underselling our club. We have to be objective not subjective. Living outside of the NE, I can tell you that NUFC is not held in the esteem that we hold it. When did we last win anything? There are other clubs out there that could be just as successful, given the opportunity. I know that we could fill the stadium week in, week out, but how many would turn up to watch Aston Villa or Leeds, if they were successful. Also, as we know, these days, gate money isn’t what it used to be. All I’m saying, is that MA is not in charge here.

    1
  • Elmanio

    Jun 21, 2019 at 9:40 PM

    Comment #275

    DavidKelly9

    Again I’m sorry I can’t give that information for same reason as above

    What I can say is Justin Barnes is always the lead negotiator in any deal involving Ashley

    This is publicly known information if you dig a bit online

    0
  • bill

    Jun 21, 2019 at 9:45 PM

    Comment #276

    Something that might back up my theory on this is the way that the companies that MA broke us into are being brought back into the fold, as I understand it. This would be exactly what I would do if I was buying an entity that had been broken up. I would say, “I want the whole club as you bought it” otherwise forget it.

    0
  • Diddly

    Jun 21, 2019 at 9:45 PM

    Comment #277

    Woodey sorry I’ve been oot. I saw somthing related to your post saying he had seen a eemail about proof of funds. Which I suppose would be a lawyer I maybe wrong. Either way he knows nowt him and Durham do the same dayly

    0
  • bill

    Jun 21, 2019 at 9:50 PM

    Comment #278

    One last thing, when you go to a shop or car sales to buy something, who has the power; the buyer or the seller?
    I wouldn’t say a football club is a very good investment, would anybody?

    2
  • bill

    Jun 21, 2019 at 9:51 PM

    Comment #279

    Phew, I don’t usually post this much. Mostly do selective reading.

    0
  • DavidKelly9

    Jun 21, 2019 at 9:52 PM

    Comment #280

    Elmanio thank you for your info i really hope its correct however i just cant see if it is a dine deal that not one reporter has got it hope i am wrong

    2


You must log in to post a comment.