Wall Street Journal says Saudi Wealth Fund to buy Newcastle FC

[Wishy]

Hate to see the fat man getting a wedge but Newcastle fans deserve shot of him.

WSJ News Exclusive | Saudi Sovereign-Wealth Fund in Talks to Buy U.K. Soccer Team Newcastle United

Saudi Arabia’s sovereign-wealth fund is in talks to buy U.K. Premier League soccer team Newcastle United F.C. for about $445 million, according to people familiar with the discussions.

www.wsj.com

 

[Teddyjohn]

I’d be willing to put money on Ashley still being their owner this time next year.

 

[Tydfo1872]

didnt they have arabs wanting to buy them a few months ago?

 

[Smkz23]

Every 6 months there’s another group close to buying Newcastle and it never happens.

 

[SouthernGer]

Always an announcement during the transfer window, then nothing once it closes

 

[Clydevalley]

Whoever buys them will need to spend a fortune to challenge City and liverpool

 

[Zim Pusan]

Fat bastard Ashley giving up a cash cow I can't see it

 

[coplandrearl36]

Let’s hope they invite him to a Restaurant to finalise the contract

 

[cammyranger]

Sure this was meant to be imminent a few months ago then all went quiet. Ashley propaganda.

 

[Agent P]

How much do you need now to challenge the likes of Man City?

Half a billion at least I reckon. Probably £1 billion is more realistic.

 

[Saltcoats_Loyal]

Will be Ashley trolling them

out the game after way a Tea Towel on the napper and SD flip flops

 

[Kyle89]

Not going to happen is it ?

 

[Partickger]

I winder if they’ll still be interested when they look under the bonnet. Look at the trouble we’ve had with the scumbag and he wasn’t as immersed.

 

[Souness04/86]

Usual rubbish that gets announced ever year or so.
Hate to see the fat man get any decent profit on the club

 

[Sir Sidney Ruff Diamond]

Would be a surprise if he left Newcastle.

 

[Wishy]

Isn’t the WSJ an odd source for a story like this though?

 

[JDC]

Once they do due diligence and see Ashley has got all the contracts for his other businesses they will pull out like the others.

 

[Baz]

How much do you need now to challenge the likes of Man City?

Half a billion at least I reckon. Probably £1 billion is more realistic.

Klopp at Liverpool has a tiny net spend compared to other teams in the league. Getting the right management in can be far better than throwing money

 

[ranger nation]

I’d be willing to put money on Ashley still being their owner this time next year.

Correct. He'll move the goalposts as a deal is imminent. He does it regularly.

 

[Deleted Account]

Hate to see the fat man getting a wedge but Newcastle fans deserve shot of him.

WSJ News Exclusive | Saudi Sovereign-Wealth Fund in Talks to Buy U.K. Soccer Team Newcastle United

Saudi Arabia’s sovereign-wealth fund is in talks to buy U.K. Premier League soccer team Newcastle United F.C. for about $445 million, according to people familiar with the discussions.

www.wsj.com

Same shit every transfer window - and the interest will disappear the day after it closes

 

[Lorraines Growler]

Hope it falls through at the very last minute.

 

[stuey]

The Geordies deserve better than fat Mike.

 

[Craig Skinner]

I’d be willing to put money on Ashley still being their owner this time next year.

It's all just so predictable. I agree with you, he's at it. Again.

 

[HandsomeHead]

There seems to have been a few interested parties over the years, but you do wonder whether anyone will actually succeed in buying them given the mess of caveats the Fat Man has no doubt slipped in.

 

[Steveo_watp]

The fat slug doesn’t want to let go of Newcastle. Geordies will believe anything

 

[scalatchi]

Always an announcement during the transfer window, then nothing once it closes

Was gonna say the same and then that's the excuse for them not to sign anyone.

 

[Million$Man]

Poor Newcastle fans. From one horrid person to a country

 

[Vallance]

They'd love to Sheik off fat Mike.

 

[butchyboy]

Hollicom work down South as well?

 

[david1872]

How much do you need now to challenge the likes of Man City?

Half a billion at least I reckon. Probably £1 billion is more realistic.

They're worth around 240bn from seeing something on SSN about them.

 

[Captain Gough]

Astonished he’s managed to hold on to the club for so long.

 

[Nucky]

Anyone who buys nufc are mad

 

[Top Hat]

A SWF may have lots of money, however if they invest in Newcastle it will for investment purposes and not for and an individual’s profile and / or hobby.

In other words, they will be looking for a return on their investment rather than spending lots of money for no return.

 

[Snoopproddiedogg]

I'll only be happy if the fat dick sells at a loss.

 

[soapybubble]

We are steadily running out of billionaires/wealth funds to buy NUFC.

 

[the not so young one]

It's the same every transfer window, will fall through when the window shuts and he can say it's why he never spent on new players.

 

[BroomhouseBear]

I’d be willing to put money on Ashley still being their owner this time next year.

This in spades.

Any one buying Newcastle would still be tied to the fat conman by ways of securities and lengthy repayment terms against loans and a multitude of onerous sponsorship deals and contracts which would continue to do nothing more that hoover money out of the club. Much like he tried to do with ourselves.

The only way anyone not connected with the c*nt would buy Newcastle would be if all sponsorships and contracts with his companies were cancelled immediately and they were allowed to pay back the loans he’s given to Newcastle immediately and with no further payments or penalties.

The fat w*nk would be looking for an eye watering amount of money to do that. Way way above the market value of the club so for that reason it’s not going to happen.

 

[Georgesky01]

another false dawn for the newcastle fans

 

[Albertz_eleven]

I don't see Ashley going anywhere. We have seen how stubborn he is. Im sure any sale he proposed will still depend on him being tied into the clubs marketing, advertising and merchandise. The finer details of the contracts probably put any potential buyers off.

 

[Nikon]

Due diligence kills these deals every time, extracting Ashley from the picture completely is the problem.

 

[BUDDA76]

More hype about possible sale to Peter out in coming weeks as deal cannot be agreed between 2 groups. Ashley still there next year and Newcastle still struggling to survive.

 

[pollokparkloyal]

Work with lots of Geordies who are proud and passionate about there team.

They deserve better so hope this goes through.

I recommend a day out to St James’ Park. Great stadium, great city and great people!

 

[student_loyal]

A SWF may have lots of money, however if they invest in Newcastle it will for investment purposes and not for and an individual’s profile and / or hobby.

In other words, they will be looking for a return on their investment rather than spending lots of money for no return.

Could be marketing for their tourism push.

Maybe they want to attract geordies!

 

[backbarbear]

nobody will buy newcastle,the minefield ashley created will make sure of it,only there will be no return for anybody interested,he will have all the good bits sewn up and watertight as we,ve found to our cost

 

[coplandrearl36]

I don't see Ashley going anywhere. We have seen how stubborn he is. Im sure any sale he proposed will still depend on him being tied into the clubs marketing, advertising and merchandise. The finer details of the contracts probably put any potential buyers off.

Jamal Khashoggi murder: timeline of key events

The Saudi Arabian journalist was assassinated at the Saudi consulate in Istanbul in 2018

www.theguardian.com

.

 

[Coisty09]

If it is in the Wall Street Journal it has not come from the Fatman’s sources.
This sounds like it could be for real and the Saudi’s won’t care if the books need to be cooked to get their toy.

 

[ScouseHairline]

Heavy deja Vu right aboot noo.

 

[Hank]

How much do you need now to challenge the likes of Man City?

Half a billion at least I reckon. Probably £1 billion is more realistic.

I thought that was what we needed to challenge Celtc?

 

[Jack Flash]

The sand dancers in Shields would be pleased.

 

[KGR98]

It's a plant so the fat man doesn't have to invest in the January window happens every 6 months with Newcastle