Doing a Leeds !

[usedtobeshearer]

He initially bought John Hall's shares.
Listen to what John Hall said.

If Ashley had this NUFC domain thing then John Hall has to be lying through his teeth.
Do you think John Hall was lying through his teeth?

What's clear is the St James holdings in May 2007.
What's not clear is the NUFCdirect stuff being registered in 2006.
There's little on it.

The club was in a mess. Hall knew it and so did Shepherd.
Nobody appeared to want to bail the club out and Ashley stepped in...and this is the crux of the matter regardless of domain nitpicking.

You don't get to dictate the direction in which people are carrying on a debate sweetheart.

How about being a big boy for a change. There is no doubt Ashley was looking to buy the club 6 months before he did...otherwise no need for the domain. There doesn't need to be a lot on it, stop squirming.

While we are at it, John Hall did not say he wouldn't sell the family silver to keep the club going...he realised he couldn't compete with Abramovich.

Again...if you are going to pretend to be an enlightened thinker that looks at all sides then you can't always come in from Ashley's side.

[Kal]

Hes an idiot and that's being polite.Its a forum fair enough,he is entitled to his opinion fair enough.He just needs to let others have their opinion and their view instead of asking for proof and even then when it is shown not believing facts.I honestly dont know why people bother with him,he doesn't want debate he wants an argument.There is a difference.

He does have a few fanboys mind, as his shyte is 'well written' shyte.

[Geordie1974]

John Hall is a cùnt for selling to Ashley.He knew Ashleys plan for the club was to promote his tatty empire.John Hall and Douglas had 41.6 percent of shares.Ashley had already in the months before buying John Hall out purchased the other 9.4 percent he needed to gain overall control of the club by making Sheppard(who was ill in hospital at the time)have to sell his shares to which he wasnt happy about.
The fact he had 51 percent also forced fans who were shareholders into accepting the paltry sum on offer for them.
I just wish a certain person would think for themselves instead of quoting the Ronny Gill,which is also full of sh1te I may add.Everything that has been quoted,that Wilf has written is what was in that rag.

[Kal]

John Hall is a cùnt for selling to Ashley.He knew Ashleys plan for the club was to promote his tatty empire.John Hall and Douglas had 41.6 percent of shares.Ashley had already in the months before buying John Hall out purchased the other 9.4 percent he needed to gain overall control of the club by making Sheppard(who was ill in hospital at the time)have to sell his shares to which he wasnt happy about.
The fact he had 51 percent also forced fans who were shareholders into accepting the paltry sum on offer for them.
I just wish a certain person would think for themselves instead of quoting the Ronny Gill,which is also full of sh1te I may add.Everything that has been quoted,that Wilf has written is what was in that rag.

^^^ This ^^^ is not a view popular with many toon fans, but the truth isn't always popular.

[ex_pat_magpie]

The point stands out a mile and Sir John Hall makes it quite clear. The club was in dire trouble and there's no getting away from it.
(Quoted by Wilf/Ghost/Pboro from Usedtobeshearers post no. 37)

Sir John Hall never ever made it "quite clear" that the club was in dire trouble, because it simply was not. Sir John was a multi millionaire jousting with other owners who were muli billionaires and he realised he could not compete.

He did get the better of Fatty over the sale but Fatty got the better of Sir John by convincing him that his intention was to invest in the club and take it forwards which we all know now was a complete load of bullsh1t.

Remember his false antics of mixing with the fans and having and buying drinks for the lads in the early days to pull the wool over everyone's eyes. Sitting with the fans instead of in the directors' box and being one of the "lads".

If Ghost was to occaisionally tell the truth then even he could not deny the above facts.

[ghostrider]

It's clear and blatant to see at the time that Newcastle United was in serious trouble.
Forget Ashley's this and that for the moment. Take him out of the picture and look at it from the point of view of having Hall and co with their stakes.

Where was the club going from that point on?
The club was in serious debt.
John Hall had no money to bail it out and neither did Shepherd. The bail out money was used up. It was used up because it was money borrowed from banks and money spent ahead of time on sponsorship income, down to money owed for transfers in.

Basically a mountain of debt that nobody could pay.
This is regardless of Abramovich. He just made the situation untenable for many clubs but we were in serious trouble.

Shepherd apparently didn't want to sell his shares. Shepherd and Hall could've maybe tried to get someone onboard to aid them with a cash injection other than Ashley....but looking at the debt, how could that be sustained?

If John Hall and Shepherd had decided to turn down Ashley's offer and carried on running the club...tell me....anyone....seriously, where do you think the club would've ended up and tell me why?

There's a very good reason why I back Ashley, regardless of the club not being in the dizzy heights of the premier league.

[ronandtet]

-the debt was standard all clubs had debt at that time indeed there was at least 4 clubs with greater debt ( who are still in existence)
- ashley didn't clear the debt - he loaned nufc the cash to clear it which is now at least 50% higher
- shepherd must of thought the club was sustainable because he didn't want to give it up

and to quote your post-
"John Hall had no money to bail it out and neither did Shepherd. The bail out money was used up. It was used up because it was money borrowed from banks and money spent ahead of time on sponsorship income, down to money owed for transfers in."

where's the proof?

[Geordie1974]

Like banging your heed off a brick wall.Freddy Sheppard did NOT need to sell,did NOT want to sell.He was forced to sell as Hall had sold his shares to give Ashley a controlling stake in the club enabling him to purchase the remaining shares to give him overall control.
Hall is a cùnt for selling while Sheppard was in hospital,they fell out over it.And Ashley,well I think everyone knows by now what I think of that snake.
Sorry to say lads but the board is dying a death.Debate and opinions have gone by the looks of it.Every single thread descends away from original topic.

[ex_pat_magpie]

It's clear and blatant to see at the time that Newcastle United was in serious trouble.
Forget Ashley's this and that for the moment. Take him out of the picture and look at it from the point of view of having Hall and co with their stakes.

Where was the club going from that point on?
The club was in serious debt.
John Hall had no money to bail it out and neither did Shepherd. The bail out money was used up. It was used up because it was money borrowed from banks and money spent ahead of time on sponsorship income, down to money owed for transfers in.

Basically a mountain of debt that nobody could pay.
This is regardless of Abramovich. He just made the situation untenable for many clubs but we were in serious trouble.

Shepherd apparently didn't want to sell his shares. Shepherd and Hall could've maybe tried to get someone onboard to aid them with a cash injection other than Ashley....but looking at the debt, how could that be sustained?

If John Hall and Shepherd had decided to turn down Ashley's offer and carried on running the club...tell me....anyone....seriously, where do you think the club would've ended up and tell me why?

There's a very good reason why I back Ashley, regardless of the club not being in the dizzy heights of the premier league.

GHOST, WE ALL KNOW THAT I HAVE YOU BLOCKED BUT I ANTICIPATED WHAT THIS REPLY WOULD BE SO I WILL ANSWER AS YOU DO IN YOUR USUAL WHINGING AND WHINING WAY.

You show the proof that the club was in serious difficulties. You show where the debt was which was uncontrolable apart from that is of course the mortgage to supply us all with the magnificent stadium that SJH and FS provided us with which Ashley is allowing to run down also the agreed stage payments for Owen's transfer.

Show us the facts and figures which support your spurious statements. Show where you get or got your information from.

This is precisely what you ask other posters to do when you can't answer their facts and opinions so let you man up and give us YOUR FACTS AND THE BASIC ORIGINS OF THEM AS TO WHY THE CLUB WAS IN SERIOUS DIFFICULTIES.

Show genuine honest proof if you want to be believed.

As a p.s. I have returned to blocking you.

[ghostrider]

-the debt was standard all clubs had debt at that time indeed there was at least 4 clubs with greater debt ( who are still in existence)
- ashley didn't clear the debt - he loaned nufc the cash to clear it which is now at least 50% higher
- shepherd must of thought the club was sustainable because he didn't want to give it up

and to quote your post-
"John Hall had no money to bail it out and neither did Shepherd. The bail out money was used up. It was used up because it was money borrowed from banks and money spent ahead of time on sponsorship income, down to money owed for transfers in."

where's the proof?

Proof?
It's all speculation from all sides.
I can't claim facts on any of this no more than you can to the contrary.
All we can go on is what we are fed.

The situation was, Sir John Hall could not sustain the club and decked out, selling his shares. Shepherd could not sustain the club so also decked out and all made a nice healthy profit, it seems.

It's all about what you believe to be the potential reality.
It's all been documented since Ashley took over, with all kinds of stories coming out about this that and the other.