Newcastle United’s Managing Director, Derek Llambias has hit back at what he described as “a small and very negative group” who “insist on chanting ugly and abusive comments” directed at the club’s Southern owner, Mike Ashley. He also added that “If it wasn’t for Mike’s continued input, we would be in a similar position to [...]
Posts Tagged ‘Newcastle United finances’
Ashley’s rescue package?
Posted February 21st, 2010 by toonsy | 128 CommentsIn a somewhat surprising article in todays News of the World, it has been revealed that our illustrious owner, Mike Ashley, has stepped into the breach during December, loaning the club another £25 million to keep it a going concern. Now this is from the News of the World and huge pinches of salt are [...]
Not a single serious bidder for Newcastle United in 5 months.
Posted October 23rd, 2009 by Hugh de Payen | 92 CommentsAfter a summer of discontent at Newcastle United, with the club having been up for sale since May, we’ve failed to attract a single serious buyer.
It seems Moat was all mouth and all the other ‘bidders’ were either publicity hunters, time-wasters or chancers who only expressed an interest in the hope of purchasing way below [...]



