Archive for tag: Barry Moat bid for Newcastle United.

Barry Moat has not given up on buying the club.

November 16th, 2009 | 88 Comments |

Best of pals!
Best of pals!
Barry Moat still thinks there’s a chance of him buying Newcastle United in the future.

Apparently, whilst Moat has no immediate plans to launch another bid, he will continue to think about how he might wrest the club for Ashley in the future.

Speaking to Sky Sports News he said:

For one reason or another it didn’t come to pass.

It’s extremely disappointing. It’s something we’d given up a lot of time and effort and abortive costs with so I’ve been feeling pretty bruised by the whole process.

As my wife keeps telling me, ‘No one’s died’ so you’ve got to get on. That’s fundamentally where I see it now.

I think from my perspective I don’t think Mike Ashley wants to stay at St James’ Park for the long term, so I’ll never give up.

I’ll keep beavering away in the background and hopefully one day we’ll get there.” (more…)

Ashley reneges on terms he promised Moat.

October 27th, 2009 | 159 Comments |

What's the deal guys?
What's the deal guys?
According to an article posted on The Telegraph’s site late last night, Mike Ashley has turned down Barry Moat’s latest £80m bid for Newcastle United even though he’d previously said he’d accept the bid on the terms specified.

What the article says is that whilst Ashley had previously rejected Moat’s offer to take £40m down and £40m at the end of the season, the pair had reached agreement earlier last week for a deal involving £60m down and £20m at the end of the season.

However when Barry Moat made such an offer on Friday, Ashley – after considering it for a few days – rejected the offer anyway, insisting he now wants the whole £80m up-front.

The Telegraph speculates that Ashley is playing hardball with Moat to give any other bidders a chance to show their hand.

To be fair, once I get past my desire to see the back of him, I have a certain amount of sympathy with Ashley over this. (more…)

Nobody has any money to buy the Toon.

October 12th, 2009 | 59 Comments |

Lend me £100m mate
Lend me £100m mate
Nothing much new has happened at Newcastle United, although rumours about Barry Moat give me something to write about.

For various reasons I’ve spent the last 5 days largely out of touch with any football news at all, neither having time to read a paper nor to browse the internet.

Upon checking the news this morning I had hoped to find that the long-speculated Moat takeover was complete and that Ashley and Llambias had been tarred and feathered and hounded all the way back to Cockneyland, which would have been doubly inconvenient for them as neither are actually cockneys. I even have a large cigar – rolled on the thigh of dusky maiden no less – in preparation for such news. And I don’t even smoke.

What I find however is that nothing much at all has happened and what has happened has been covered by my blogging colleagues anyway, which leaves me with something of a dilemma when it comes to writing an article. (more…)