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Newcastle takeover

Grass Roots

Joined: 14 Oct 2006
Posts: 120
Location: Midlands
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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.

Young Pro

Joined: 26 Jul 2006
Posts: 1945
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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.

Elite Moderator

Joined: 22 Dec 2005
Posts: 6414
Location: Newcastle, Aust.
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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.

Young Pro

Joined: 26 Jul 2006
Posts: 1945
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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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