According to The Chronicle, they were contacted by one of their ‘usually reliable sources’ who said that one interested group had reached written agreement about buying the club and ‘other sources’ close to Sheard’s American bidders said that the deal is close to crossing the finishing line. Both Derek Llambias and Seymour Pierce deny these [...]
Posts Tagged ‘Barry Moat’
Latest buy-out rumours “not true” says Llambias.
Posted September 11th, 2009 by Hugh de Payen | 8 CommentsGood crowds help Moat’s takeover bid.
Posted September 9th, 2009 by Hugh de Payen | 24 CommentsThe 40,000 crowds we’ve been getting at home games could help Barry Moat’s attempts to take over Newcastle United Football Club. According to a recent article in The Journal, Moat’s original business plan was based on the Toon attracting 25,000 for home games. I have no idea how The Journal knows that but if we [...]
Moat takeover imminent. Maybe.
Posted September 6th, 2009 by Hugh de Payen | 88 CommentsThe Telegraph is claiming that talks between the club and Barry Moat are scheduled and that a deal could be agreed imminently. The key word in that sentence is ‘could‘ though, so let’s wait and see how it actually turns out. The Telegraph’s claims do seem at odds with Keith Harris’s last statement on matters, [...]
Toon takeover latest – Harris speaks.
Posted September 2nd, 2009 by Hugh de Payen | 32 CommentsAccording to previous press reports, Newcastle United’s £39m overdraft facility with Barclays Bank ended on the 31st August and unless some other agreement was reached it was going to be renewed with only a £10m limit, in line with Barclays’ policy for Championship clubs. If reports that the club owed £20m on that overdraft facility [...]
Yanks close in on Toon.
Posted August 30th, 2009 by Hugh de Payen | 21 CommentsAccording to The Mirror, Alan Shearer is the fairest of them all. Or at least that will be the case if the Sheard-fronted American bid is successful. The Mirror claims the consortium is close to signing a deal, although forgive me for not getting all excited but we’ve heard this sort of stuff before and [...]
Moat to become chairman – Shearer to become manager? Hmm.
Posted August 28th, 2009 by Hugh de Payen | 18 CommentsThat’s what The Daily Star claims anyway. Basically what they’re saying is that Moat can’t get the money together to buy the club but Ashley plans to take the club off the market and appoint him as chairman. Moat will then apparently appoint Shearer as manager and take charge of the day-to-day running of the [...]
What’s new then Hugh?
Posted August 26th, 2009 by bowburnmag | 17 CommentsIn the absence of my esteemed ‘news round-up’ colleague, here’s a briefing of some of today’s newsworthy pieces concerning our dearest club. And a low-key announcement that the ‘news round-up’ is no more (sorry MT). First and foremost, our old favourite the ‘sale saga’ and as documented by workyticket in amused fashion last night, we’re [...]
Moat’s course may yet be damned.
Posted August 25th, 2009 by Hugh de Payen | 45 CommentsMuch speculation has ensued after yesterday’s announcement that the club is giving Barry Moat more time to negotiate an overdraft facility with Barclays Bank. Our favourite mackem Louise Taylor demonstrates surprising knowledge of the club’s confidential banking details, which form the crux of her latest article in The Guardian. According to Ms Taylor and her [...]
Board state the obvious as the transfer window slams shut early for Toon?
Posted August 24th, 2009 by bowburnmag | 42 CommentsWell if Carlsberg did a line in anti-climax then today’s official statement would be a great start. A collective holding of breath over the weekend, enough to cause a Toon Army Tsunami on release, had us all exhaling in disappointment at the progress report announcing that….well there is no progress really, just another extension on [...]
NUFC Statement.
Posted August 24th, 2009 by Hugh de Payen | 56 CommentsIt simply reads: NEWCASTLE United Football Club confirms that it has extended its deadline to Barry Moat to table an offer for the Club. The extension has been granted in order to allow Barry Moat and his advisors to conclude funding arrangements with Barclays, current bankers, for the continuation of last season’s £39m facility. This [...]
RSS Feed.
NUFC News 24/7

..Why not get a