UK time is: 08:25:31
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Newcastle being pimped around the UAE

As has been widely tipped, Mike Ashley and the Cockney Mafia have emerged from their boltholes to make a fishing trip to Dubai. Attached to their rods was the particularly rancid bait of buying NUFC for a 'bargain` £481m. This would basically double Fat Ash`s investment in the club - not a bad return for a man who claimed to be in it for the love of the club, not the money.

Apparently Ashley`s massive cock-up in purchasing HBOS shares would explain his need to milk the club for a bit extra spends, with prices tumbling in the last 12 months from a £10 peak to £2 currently. With the shares picking up 10% today perhaps he`ll shave £48m off the asking price - who knows?

Principally named have been Sheikh Maktoum, ruler of Dubai, and Dubai Sports City. There are two schools of thought within this one. The first is that he`ll buy, but not at Ashley`s price.

The other, and more likely, is that he is using a feigned interest in us to smoke out Hicks and Gillette at Liverpool and take over the Mickeys. With a long standing interest in the club and the two Yanks struggling to meet interest payments in the current financial climate it seems like his waiting game could be about to pay off.

'Informed sources` in the Gulf area suggest that Ashley`s desperate manner and the whole 'I can`t take my kids to the game` spiel from his statement, might actually have stitched him up. Rightly so hopefully as his statement about being assaulted was pure fantasy. These same sources also state he is more likely to find a buyer in Qatar or with the various consortia he has been negotiating with.




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!




Win £1,000,000 every week with Man of the Match®

Click here to join in the debate on the club forum.

The Journalist

Writer: Ross Molyneux Mail feedback, articles or suggestions

Date:Wednesday September 17 2008

Time: 8:54AM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Newcastle United Articles

What's The Point? (Monday September 15 2014)

The Shocking Truth (Sunday September 14 2014)

Southampton v NUFC Line Ups (Saturday September 13 2014)

Southampton v NUFC Match Review (Saturday September 13 2014)

Ashley's Statements. What Do They Mean? (Saturday September 13 2014)

Pardew Smugness Uncovers Truth (Friday September 12 2014)

Aarons Toon Career On Hold (Friday September 12 2014)

Smoke Screen (Wednesday September 10 2014)

More Deals For Away Fans (Wednesday September 10 2014)

Ashley To Pocket More Cash From NUFC? (Sunday September 7 2014)

Archived Newcastle United Articles

List All TOTT Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. billybobcat 191
2. Toon_NoMatterWot 159
3. thecorner 123
4. officemonkey 120
5. kevinpie 91
6. Finn_the_Dog 75
7. Wilco 75
8. Rexn 69
9. nufc_carl88 68
10. OldLeazes 68

League Results (view all)

League Table (view table)

Team P W D L GD Pts
14. Stoke 4 1 1 2 -1 4
15. Sunderland 4 0 3 1 -1 3
16. Q.P.R. 4 1 0 3 -8 3
17. Crystal Palace 4 0 2 2 -3 2
18. Burnley 4 0 2 2 -3 2
19. WBA 4 0 2 2 -5 2
20. Newcastle 4 0 2 2 -6 2

Breaking League News

Captain Kabs!
» Spurs : 16/09/2014 07:38:00
Schurrle Wins MOTD Award
» Chelsea : 16/09/2014 07:37:00
Hazard to Pen New 5-Year Deal
» Chelsea : 16/09/2014 07:36:00
» West Ham : 16/09/2014 07:23:00
What's The Point?
» Newcastle : 15/09/2014 22:59:00

Current Site Poll (view all polls)

Where do you think NUFC will finish this season?
Suggested By:  Talk of the Tyne
Top 4%
Top 4 3%
Europa league places 19%
Mid table 49%
Relegated 25%