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Newcastle takeover
  • ToonGoon
  • Grass Roots
  • Joined: 14 Oct 2006
  • Posts: 120
  • Location: Midlands
Post Posted: Wed May 23, 2007 4:06 pm Reply with quote
Billionaire businessman Mike Ashley has bought a 41.6 per cent stake in Newcastle ahead of a proposed takeover.

Ashley, who made his fortune in retail and in February floated Sports Direct, has paid Sir John Hall and his family £55million for the stake.

Ashley has offered to buy the rest of the club's shares at the same price, which would value the St James' Park outfit in the region of £133million.

 
  • MontyMagpie
  • Young Pro
  • Joined: 26 Jul 2006
  • Posts: 1945
Post Posted: Wed May 23, 2007 11:25 pm Reply with quote
http://en.wikipedia.org/wiki/Mike_Ashley_(businessman)

Very Happy Very Happy Very Happy Fantasic News Very Happy Very Happy Very Happy

This looks good. Move over Chelsea. We're going to win the league.

 
  • 9nufc9
  • Elite Moderator
  • Joined: 22 Dec 2005
  • Posts: 6851
  • Location: Newcastle, Aust. ---Hideout looking down at Jono---
Post Posted: Thu May 24, 2007 7:04 am Reply with quote
Absolutely fantastic if it happens. Move over Fred Very Happy

I'm not going to get carried away like Mont Razz but lets hope things are starting to turn around.

 
  • MontyMagpie
  • Young Pro
  • Joined: 26 Jul 2006
  • Posts: 1945
Post Posted: Sat May 26, 2007 12:36 am Reply with quote
9nufc9 wrote:

I'm not going to get carried away like Mont Razz but lets hope things are starting to turn around.


I'm just over optimistic. I'd just love to get back up there in the top4. Maybe we can beat Man Utd 5-0 again and I'll be happy.

Newcastle takeover
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