Wednesday, 23 May 2007

The times they are a changing...

News just in...


Newcastle get £133m buyout offer

Billionaire businessman Mike Ashley has launched a £133.1m ($263m) offer for Newcastle United football club. The offer came after the retail entrepreneur said he had bought a 41.6% stake in the Premiership team from Sir John Hall's family for more than £55m. Mr Ashley said his firm St James Holdings Limited (SJHL) had bought 55.3 million shares in the club at 100 pence a share. He added that his offer priced the rest of the club's shares at the same level. Earlier this year Mr Ashley earned himself more than £900m after the flotation of his Sports Direct retail chain which he set up in 1982. The group runs the Sports World retail chain and Lillywhites, and its brands include Dunlop, Kangol and Karrimor. SJHL added that the offer price represented a 19% premium on the 84p closing price of Newcastle's shares on Tuesday 22 May.


This means that Shepherd will either sell up or dig his heels in. If he decides to stay then he may find that Mr. Ashley objects to his pathetic attempts at leadership and removes him from the chairmans office.

Either way the countdown has started - obviously aided by my series of hard hitting articles! ... TAXI FOR SHEPHERD!

4 comments:

cousin tel said...

Does that mean your new kit will now be made by Lonsdale, once essential wear among the boxing community, now essential wear amongst the no job, no money, no idea chav community, only avaliable at Chav Direct

Rivs said...

Nah, we've just signed a new deal with Adidas. Anyway only proper boxers with 'fasthands'(c)2007 can wear Lonsdale!

Daz said...

You might need your Lonsdale kit as with Fat Fred gone you'll need a new common enemy. My money's on Dyer, in which case i retract my previous statement as you won't need any boxing kit for that skinny streak of obnoxious piss.

Rivs said...

You don't like him then!!