The -75% Club gains first scalp, any other candidates?

Cannon_Fodder

Denial of the true market value, by vendors, can lead to some bargains...


http://news.bbc.co.uk/sport1/hi/football/teams/n/newcastle_united/8088840.stm
" Newcastle United have confirmed that the Championship club is up for sale with an asking price of £100m. "


http://www.thesun.co.uk/sol/homepage/sport/football/2459677/Alan-Shearer-wants-Newcastle-job-despite-sale-fiasco.html
" New Portsmouth owner Dr Sulaiman Al Fahim says he was interested in buying the Toon last year. But Ashley wanted £400m - a £160m profit on his £240m investment.

Al Fahim said: "I'd have paid £200m for Newcastle because it's a great club. But the guy wanted £400m. He's got to be kidding."

Six months on, Ashley is prepared to take just £100m. "



gotta laugh at the humourists, too;
http://www.hotukdeals.com/item/412768/newcastle-united-400m-reduced-to-80/
"No Quidco" !

Count_Dante

I just love the way they are hawking themselves by email, as though folk have a spare £100 million to blow on a football club with very dubious prospects. I wonder how many emails they have received from interested parties?

"Interested parties should contact Newcastle United at admin@nufc.co.uk (or Keith Harris at Seymour Pierce) for further details.
"The club will not be making any further comment at the present time."
http://news.bbc.co.uk/sport1/hi/football/teams/n/newcastle_united/8088840.stm

ad9898_3

I just find the thought of blowing that kind of money on a football club absurd, do any of them actually make any money after the interest on their debts have been paid ?