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23-05-2007, 01:46 PM
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#1 (permalink)
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Super Moderator
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Billionare buys into NUFC
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Billionaire businessman Mike Ashley today bought a 41.6% holding in Newcastle to launch a takeover bid.
St James’ Holdings Limited, a company set up specifically to buy shares in the club, has acquired 55,342,223 shares at 100p each from Wynyard (Guernsey) Limited, Cameron Hall Developments Limited and Cameron Hall Developments Limited Executive Pension Scheme, the holdings of Sir John Hall and his family.
British stock exchange rules mean that the company now has to make a cash offer for the remaining shares, around 29.8% of which belong to chairman Freddy Shepherd.
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IOL: Billionaire launches Newcastle takeover
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"Few things in life are black and white, only the most important things"
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23-05-2007, 02:19 PM
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#2 (permalink)
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Medal Of Honours
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I had a feeling Newcastle was one of the teams.
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23-05-2007, 03:10 PM
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#3 (permalink)
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Apparently he is the 25th richest businessman in the UK, and his intetions are to launch the club into the top three of the world within three years. As if...
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23-05-2007, 03:12 PM
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#4 (permalink)
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That's not realistic.
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23-05-2007, 03:17 PM
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#5 (permalink)
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Indeed not realistic unless he was one of the top 3 richest in the country. This guy has a nice bank account, but it's dwarfed by the likes of Berlusconi and Abramovich
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23-05-2007, 03:21 PM
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#6 (permalink)
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Newcastle can't attract players like Arsenal, Liverpool, Chelsea and Manchester United do.
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23-05-2007, 03:26 PM
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#7 (permalink)
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Money can attract anything, just look at Chelsea. Who wanted to go there 5-10 years ago?
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23-05-2007, 04:36 PM
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#8 (permalink)
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Quote:
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Originally Posted by barracuda
Money can attract anything, just look at Chelsea. Who wanted to go there 5-10 years ago?
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Exactly! |
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23-05-2007, 04:40 PM
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#9 (permalink)
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It's not that easy because Newcastle aren't alone to have a billionarers support...Newcastle need to prove on the field first before the best players will choose to play for them.
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23-05-2007, 04:45 PM
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#10 (permalink)
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It's not going to be a Abramovich scenario anyway. But this should improve the club.
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23-05-2007, 04:48 PM
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#11 (permalink)
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Medal Of Honours
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It definitely will.
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23-05-2007, 05:00 PM
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#12 (permalink)
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I like that he's not a media whore
I like that he's got cash and it's enough to genuinely affect the club
I like that he's English
I like that he's not Freddy Shepherd
And I like that he has some link to the sporting world.
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23-05-2007, 05:02 PM
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#13 (permalink)
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So I guess you like him then.
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23-05-2007, 06:10 PM
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#14 (permalink)
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Quote:
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Originally Posted by barracuda
Money can attract anything, just look at Chelsea. Who wanted to go there 5-10 years ago?
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Yes but who wants to leave Madrid and move to Newcastle. London is far more appealing. |
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24-05-2007, 08:24 AM
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#15 (permalink)
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Quote:
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Originally Posted by barracuda
Money can attract anything, just look at Chelsea. Who wanted to go there 5-10 years ago?
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zola poyet desailly(world cup winner)di-matteo lebeouf(world cup winner)so think before you talk shite,i could add more but you`d look daft  no i will add more,vialli guillit mark hughes babayaro(10 years ago)
Last edited by oxfordblues : 24-05-2007 at 08:29 AM.
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