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Latest “Update” On Takeover Can Have Many Interpretations



The latest tweets by Peter Redding have added more confusion for an already bewildered fan base. If the statements attributed to BZG are in fact legitimate, and that is a big if at this point, what is their purpose?

A person looking favorably on the tweets could see this as BZG trying to quell the fears of the fans while defending themselves, though being unable to do that in an official manner due to non-disclosure agreements.

Someone looking at the deal as doubtful could see the statement as a precursor to the official announcement of its collapse.

Another way to look at it is a complete farce engineered by Mike Ashley and his public relations guru.

If we take the statements at face value, what on earth do they mean?

The first sentence in the initial tweet insinuates that Peter Redding has just come from a meeting with BZG officials and they want to put the following information on record.

The term “put on record” is generally used in regards to disputing counterclaims. In this case, it could refer to recent media reports of no bids being made in the Chronicle and Sky Sports.

The next sentence clearly states that both parties have worked diligently to complete this deal. If Mike Ashley was moving the goalposts, why would they mention both parties and not just say “we”.

They also then claim they have completed every aspect of a takeover process. This first tweet by Peter Redding seems to us to be positive.

The only part that leaves room for doubt is the “none more so than ourselves” when referencing the diligent work on finalising the deal. Though this could just be seen a defense of their integrity due to the reports in the media.

Remember, they made the claims that this takeover was in process in May so any news to the contrary would be an affront to their character.

The second tweet is just a blanket refutation of press reports that no bid or Premier League approval processes have been made.


This statement leads us to believe that the Premier League approval processes are still in place and could be holding up the deal. Though they also do not mention a bid being accepted which would have clarified this statement that much more.

They just mention that press claims of no bid are untrue however if a bid was accepted why would that not have been mentioned at some point.

The final tweet also leads to some confusion once examined fully.


From this tweet, it appears as though Mike Ashley has been a willing participant though again their is no reference to a deal being accepted on his part.

The “if a deal is not forthcoming” phrase is admittedly very worrying though seems to suggest that it is out of the hands for both Mike Ashley and BZG.

Though again we have no specific claims that Mike Ashley has agreed to anything just that he has worked diligently and amicably.

The “due to a lack of effort of both parties” also can be taken as either a positive or a negative. It could be seen that both parties are eager for the deal to go through. Or the “effort” could be alluding to the still ongoing negotiations between Mike Ashley and BZG.

There are both positives and negatives in these statements. So basically we are no closer to finding out what stage this takeover is at.

It would certainly be nice for either Mike Ashley or the Premier League to make some sort of statement at this stage.


123 comments so far

  • optimistic prime

    Jul 8, 2019 at 9:54 AM

    Comment #1

    A statement of confusion not intent

    5
  • Once Upon The Tyne

    Jul 8, 2019 at 9:55 AM

    Comment #2

    Keep the faith, it’s happening

    2
  • kev1664

    Jul 8, 2019 at 9:57 AM

    Comment #3

    Repost
    Naptoon,

    How do you know his info was crap? Maybe last week BZG finally got premier league approval and were waiting for Ashley to sign before they released a statement saying it was done. Thinking it was a formality they let Peter know and the Shields Gazette managed to find out as well, plus it was the Gazette that said it could be as early as last Tuesday. I’m sure Peter said they had prepared a statement which was due soon.

    Looks to me its final sign off required.

    2
  • geordietom

    Jul 8, 2019 at 9:59 AM

    Comment #4

    its got me all confuddled …

    going out shopping with the boss . catch up later …

    0
  • corkypants

    Jul 8, 2019 at 9:59 AM

    Comment #5

    I’ve got to admit I read only positives from the statement untill I read everyone’s comments.

    6
  • toon22

    Jul 8, 2019 at 9:59 AM

    Comment #6

    The usual lies
    For the usual reasons
    By the usual people

    Who do you think he will pretend to sell us to next time?

    4
  • #boycott Arsenal

    Jul 8, 2019 at 10:00 AM

    Comment #7

    I’ll go a repost as it’s relevant to something Neil just wrote.
    ”From Peter Kenyon in January.
    ”I would like to express personal gratitude for your patience and integrity in this matter and hope we can continue our discussions in the same spirit.”
    From Peter Redding/BZG today
    ”The current owners have cooperated amicably throughout this process and if a deal is not forthcoming it will not be due to lack of effort from both parties”.
    As pointed out by .com, eerily similar.

    12
  • Shadow_Shearer

    Jul 8, 2019 at 10:00 AM

    Comment #8

    Like Liverpool said, they are time wasters. In the time they have been in negotiations, you could have transferred a billion pounds.

    If anything was going to happen, it would already have happened. Rafa walked out cause he knew the deal is dead and buried.

    4
  • naptoon

    Jul 8, 2019 at 10:01 AM

    Comment #9

    Repost
    Kev1664
    Statement in a few days … wrong.(last week)
    Statement today uncorroborated.
    No major news outlets following up other than shields gazette.
    Fill ya boots if you want to believe what you read on twatter but not for me.
    Common sense dictates his info is crap.

    7
  • Sultan of Broonale

    Jul 8, 2019 at 10:02 AM

    Comment #10

    Strange that some people believe Sky are more trustworthy and credible than other news organisations.

    Sky FFS.

    29
  • jazzyp

    Jul 8, 2019 at 10:02 AM

    Comment #11

    Many interpretations yet still no clarity.
    Read the statement that jail put up from Kenyon and it’s almost identical with what is looking like the same outcome

    8
  • toon22

    Jul 8, 2019 at 10:02 AM

    Comment #12

    You didn’t really think Jabba was going to sell us ?
    Did you ?

    3
  • toon22

    Jul 8, 2019 at 10:03 AM

    Comment #13

    Suppose it’s a Friday sale now then

    LoL

    7
  • RobLeenio

    Jul 8, 2019 at 10:03 AM

    Comment #14

    Nufc-83, I did hear that the FA / PL were struggling to find proof of the origination of the funds, ie where the money had come from.

    This is not to say that the money wasn’t available, but that its origin point was hard to trace. Obviously they have been burned in the past with Thaksin and needed to be sure it was legally gathered, not just a money laundering operation.

    That’s the only thing I have heard re the fit and proper test being complicated, and this was weeks ago. If they hadn’t been able to sort that out, the deal would have been dead in the water by now and this statement would not have been made. In fact, you would think that they would have pulled out maybe a month ago.

    I don’t think this is on the FA / PL, I think it’s a ‘hurry up’ from the buyer to the seller.

    2
  • naptoon

    Jul 8, 2019 at 10:04 AM

    Comment #15

    Yeah Im far more inclined to believe twatter.

    0
  • naptoon

    Jul 8, 2019 at 10:05 AM

    Comment #16

    Toon 22
    Firmly in your camp m8 cant believe how gullible this blog is.

    9
  • Foggy Hall to Timbuktu

    Jul 8, 2019 at 10:06 AM

    Comment #17

    Like Ed says that statement can have many interpretations.

    Very confusing.

    It would suggest that the club have done everything and have been great – that would suggest waiting for PL checks.

    Yet they say every process has been completed – so that puts the heat back on FCB.

    1
  • Novocastrian66

    Jul 8, 2019 at 10:06 AM

    Comment #18

    I translate that statements as, no deal.

    11
  • RobLeenio

    Jul 8, 2019 at 10:07 AM

    Comment #19

    Just on the plane heading to Boston. It’s a charter plane registered in the USA, generally does most of its flying around Eastern Asia and is an exec jet with a limited range.

    Seems likely it’s heading to a home destination (for maintenance?) and probably then onwards again to its base of operations and a very minor footnote in the history of NUFC.

    1
  • Shadow_Shearer

    Jul 8, 2019 at 10:07 AM

    Comment #20

    Let me give u all clarity. This is all bull s***. It is not the first time I have said this, I have said it multiple times, begining from when the news of BZG was first leaked.

    5
  • naptoon

    Jul 8, 2019 at 10:10 AM

    Comment #21

    You mean theres not going to be a takeover ss. Whod have thought.

    5
  • Shadow_Shearer

    Jul 8, 2019 at 10:11 AM

    Comment #22

    BZG can say all they want, it means absolutely nothing. Only thing that holds real value is the official confirmation. Everything else means nothing!!!!

    3
  • geordietom

    Jul 8, 2019 at 10:11 AM

    Comment #23

    rob …

    have to agree with you ie: wheres the money coming from . gun runners? . money laundering? . as for liverpool saying they are time wasters 2 billion is a hell of a lot of money . may.be the owners of liverpool did not want to sell . who knows ? as Fox Moulder said . The Truth Is Out There …

    3
  • runheed

    Jul 8, 2019 at 10:12 AM

    Comment #24

    Repost:
    Just think about this for a minute everybody. What competent professional organisation makes a statement on their multi million takeover by proxy through a radio presenter? ffs…

    11
  • naptoon

    Jul 8, 2019 at 10:12 AM

    Comment #25

    According to the blog twatter does, plane watch does, if you live overseas does and so on and so forth.

    1
  • naptoon

    Jul 8, 2019 at 10:13 AM

    Comment #26

    Finally some people talking sense

    1
  • Foggy Hall to Timbuktu

    Jul 8, 2019 at 10:13 AM

    Comment #27

    Novo

    Why wouldnt the statement just say they have failed to takeover?!

    0
  • hibbit the armchair fan

    Jul 8, 2019 at 10:13 AM

    Comment #28

    still getting ST reminders ??

    2
  • toon22

    Jul 8, 2019 at 10:15 AM

    Comment #29

    Next season is an utter shambles
    A car crash of epic proportions

    Are we still going to pre season?
    If so with whome

    4
  • Lovem or Hatem

    Jul 8, 2019 at 10:16 AM

    Comment #30

    Still in the Ashley needs to sign the deal off for the takeover to happen.

    1
  • ilovetoon8788

    Jul 8, 2019 at 10:16 AM

    Comment #31

    BZG have failed the owner tests.

    Only explanation for the statement.

    1
  • one fine day

    Jul 8, 2019 at 10:19 AM

    Comment #32

    Ilovetoon
    You know that as gospel then I take it .?

    0
  • oldarse

    Jul 8, 2019 at 10:20 AM

    Comment #33

    The manager is still in China Jose Mourinho

    1
  • toon22

    Jul 8, 2019 at 10:20 AM

    Comment #34

    Who do you think he will pretend to sell us to next time?

    1
  • droppy in Wallsend

    Jul 8, 2019 at 10:20 AM

    Comment #35

    We’ll what’s clear is that it’s unclear.

    Seems to be a groundswell if negativity building, some even coming across that they don’t want there to be a takeover as they’d rather have something to moan about.

    The time to leave is now, surely even the Tapeworm and his little spies know this.

    5
  • Boom Sheikh-Sheikh-Sheikh the Toon

    Jul 8, 2019 at 10:21 AM

    Comment #36

    As optimistic as i have been…. this really looks like the beginning of an apology.

    1
  • Lovem or Hatem

    Jul 8, 2019 at 10:22 AM

    Comment #37

    NUFC’s response to BZG statement –

    Newcastle United FC
    ?Verified account @NUFC
    1m1 minute ago

    Henri Saivet’s Senegal advanced into the #AFCON2019 quarter-finals after a 1-0 victory against Uganda on Friday night.

    12
  • Throckley Gadjee

    Jul 8, 2019 at 10:22 AM

    Comment #38

    BZG are trying to save face, 2 unsuccessful PL take over attempts is going to make them look pretty foolish in their part of the world where reputation is everything.

    2
  • Dubs Left Glove

    Jul 8, 2019 at 10:22 AM

    Comment #39

    IF BZG had failed fit and proper test then the statement would read its off. They wouldn’t do ashlie any favours by delaying it.

    8
  • DavidKelly9

    Jul 8, 2019 at 10:22 AM

    Comment #40

    Is that it ?? all this waiting for a statement that offers nothing but confusion and now I will drift through posts of “to me it shows the its with the PL” or “the statement is a push from BZG to seller”

    Well I like a few people who are not out plane spotting can see through all this crap, first why are a company communicating through a radio DJ seriously why not contact Alan Robson on nightowls give me a break. The Kenyon statement put up by Jail is all you need to know this BZG is almost word for word thank you mike, it’s not your fault mike, you could not of been a better seller mike, what BS he has done it again and will continue to do so as long as gullible mugs lap up his crap instead of putting efforts into joining NUST and boycotts, protest whatever it takes. Ask yourselves how in 10 years has this club not been sold the answer is simple MIKE ASHLEY

    10


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