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Newcastle United FC’s Articles
Saturday, June 16, 2007 - - Exclusive St. James Holding Completed 77% Newcastle’s Stakes 
English businessman Mike Ashley increased his stake in Newcastle to 77 percent Friday to take financial control of the Premier League club. Later Ashley will apply for the cancellation of trading in Newcastle United’s shares -- expected by July 18 and revert it to private ownership again.Ashley, who launched his buyout a little more than three weeks ago, announced in a statement to the Stock Exchange that he had either bought or received valid acceptances for 77.06 percent of the total shares. After has passed the 75 percent threshold, he is now in a position to complete a full takeover of the Magpies, and will begin his work to make Newcastle United Football Club a new European elite club. If he buys reach at least 90 percent, Ashley is entitled to compulsorily buy the remaining shares and will have the complete control to the club with a huge fan base but have not won the league title since 1927 or the FA Cup since 1955. More Newcastle United Football Club News Welcome to Newcastle David, can’t wait to see in action! Do You Realy Need that £50m fund Sam? Transfer Speculation? Geremi on his way to Newcastle United, soon! What would you do if you have £50m in your hand to spend £10m payout over Owen from FIFA and the FA over his injury sustained We can’t match Chelsea. Why we have to? Albert Luque going nowhere, Allardyce will fix him? David Rozenhal finally signed for Toon. It’s about time Lad! Alan Smith signed for Toon, Allardyce type of players? More about Bellamy, Owen and new striker rumours Newcastle United upped the bid to land Rozenhal from PSG Good job Taylor, Great strike Milner! Sam is targetting new Dutch hitman Solano and Krul Stays for Good Toon Niall Quinn believes maKems are ready to become the dominant force in the North East? Sam Allardyce been told his job is safe A New Barton in Black-and-White Take it or Sit on the Bench. Ben Haim Story Champions Cup place next season. Why not? What they say: Owen’s Situation Mike Ashley, Easily Britain’s answer to the late Howard Hughes |
