Vital Football

Latest Newcastle United News

Yanks ahoy?

Yanks ahoy?

The hardly ever scurrilous FT today suggests that our potential new owners could be set to come from over in the good old US of A. With Hicks, Gillette and Macho Man Randy Lerner already in the Premier League what odds on it becoming a North American quadruple bill?

The key driver in any deal is Sterling`s current crash against the dollar, with the currency having gone from over two dollars to the pound to a fraction under 1.6 to the pound in a matter on months. Hence the Yanks hedge that in the period they own the club the dollar weakens and they make a tidy profit should they improve the club`s standing and value.

Who says football isn`t a business?



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

Writer:Ross Molyneux
Date:Wednesday November 5 2008
Time: 8:47PM

Comments

0
The risk would be that if they're just betting on the economy, they won't want to be investing too much into the club and if things don't go as they expect, will they sell assets to recoup losses, leaving you in a weaker position? Otherwise, it sounds like the investment you're waiting for isn't far away...
The_Legend_Of_Zola
06/11/2008 01:26:00
0
Looks like the interest rate cut could put a spanner in the works.
BaldEagle
06/11/2008 20:53:00
Page 1/1
  1. 1

Login to post a comment

Best of Vital Network

Recent Newcastle United Articles

Newcastle Add Second German Friendly

Newcastle have announced that we will face FSV Mainz

Newcastle Midfielder To Move To Holland

Haris Vuckic is leaving us for Holland

Incoming NUFC Deals Said To Be Imminent

Talk of proper transfer news coming.

FA End Betting Sponsorship

Late yesterday afternoon, the Football Association announced the result of its three month review of their relationship with gambling companies and that association now comes to an end.

Archived TOTT Articles

TOTT articles from

Site Journalists

TNMW
Editor email
Profile

Current Poll (see more polls)

How Many Players Do NUFC Need To Survive Next Season?
Suggested By: Talk of the Tyne
None2%
1-32%
4 or 531%
6 or 745%
More than 720%
ScoopDragon Premier League Network Sites
Write for Vital Football
Latest F1 News
Latest Vital Boxing News
The Vital Football Members League

Recent Newcastle United Results (view all)

Newcastle United Fixtures (view all)

Vital Members League Table

RankNamePoints
1.Toon_NoMatterWot116
2.CuckFan54
3.keggy_keagal52
4.PieMag44
5.officemonkey30
6.Rytoon27
7.carlosvendetta24
8.billybobcat17
9.daftladguy14
10.Mcnamee6714
Vital Football Comment