Proof of funds

[Curian]

Really!!!You would believe anything that he said.Like before Christmas when he said we were nearly sold,when he said Rafa could have every penny the club generates.I could go on.
My take is this,this fella is genuine,he thinks he has a deal in place.All this so called doubt is the fact a couple of other interested parties are sniffing about and they have been caught cold as this group has stole a march on them.
The parasite then throws something out there to them that there is still a chance they could come in with a deal.Therefore a bidding war starts and he get a few extra million.

Fair point. What I should have paraphrased that with was this: when he has signed the takeover deal and its' airtight then I might believe him lol. Mind I would like to be in the room or where ever when they do the done deal.

[usedtobeshearer]

I'm as cautious as anyone (still can't help getting excited) about this deal actually going ahead and if not the good times then at least hope being brought back to the club....

But I've been reading absolutely everything I can about this and I don't see anything to panic about, or to suggest we should give up, YET.

[Zippity]

Sky reporter claims Khaled is worth £150 billion and intends to invest heavily in the club,all sorts of figures are now being thrown around.

His family are worth that but his worth is less than £2 billion.

Apparently.

[trinitoon]

Sky reporter claims Khaled is worth £150 billion

How many billions?

Pfffft. Load of bollucks.

That would make him the richest man in the world with more money than Lex Luthor (I mean Jeff Bezos) himself. He'd be at the top of the list and no one's ever really heard of this fella. And don't say it's the value of his sovereign fund because it is hard to take it seriously can a country's wealth will be injected into St James' Park and who is running around on it.

This Sky reporter should learn Maths and/or English. There is a big difference between B and M when we're adding "illions" behind it.

[trinitoon]

His family are worth that but his worth is less than £2 billion.

Apparently.

LOL. That's like saying I've got money because my uncle is loaded.

If he "only" has £2 billion, that will put him on par with Fat Pig. And that cnut doesn't spend a penny unless he's under duress.

[toonfalifekevbrown]

Now saying deal won't be done until July
Rafas contract runs out June 30
But Rafa signing doesn't bother them their main priority is buying Newcastle United

[Geordie1974]

Latest reports say proof of funds have been submitted to the Premier League.

[TANYA_]

from what i hear, this bloke has a personal fortune of a few billion and he has buisnesses and assets worth much more.

Mike Ashley (in his own words) has all his money tied up in his assets and business interests.

As i said back in September, if this bloke does take over, they will be producing from within, all their attentions are on infrastructure and development.
They will spend to get the squad competative and invest heavily on youth and training

[Geordie1974]

Isn't it the Zayed Group supposedly buying us with a wealth of 150 billion and not the man himself?

[TANYA_]

Isn't it the Zayed Group supposedly buying us with a wealth of 150 billion and not the man himself?

i dont know why all the rumours of proof of funds etc, probably from when they tried to buy Liverpool. That was a number of groups though, chinese, arabs and hedge funds.
your right thought geordie, its the actual group who are buying.

Yiu would think that with 150 billion, it would get done quickly like