Newcastle FC (june/july2019)

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E Tenebris Lux

Goalkeeper
It seems that HMRC are still actively pursuing NUFC for systematic abuse of tax evasion and NI fraud . The
high court rejected their challenge over the seizure of documents, computers and other equipment.
If the Premier League take action against the club they could suffer points deductions and European cup expulsion, which won't effect them.
This action is slow moving and could easily deter new buyers.
Maybe Mike will be there for a while longer.
 
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Smartin

Winger
Still think this the standard Mike Ashley.... "Im selling.....oh wait no im not!" which he seems to pull every pre season/ January.

Bet he keeps the club, makes himself a fair bit of cash, even after signing some random fanny from the el salvador premier League for 10 million.
 
Still think this the standard Mike Ashley.... "Im selling.....oh wait no im not!" which he seems to pull every pre season/ January.

Bet he keeps the club, makes himself a fair bit of cash, even after signing some random fanny from the el salvador premier League for 10 million.
well he is seriosly down on his investment in newcastle-ive no idea what cash he is making for himself.
 

cbwhu

Winger
It seems that HMRC are still actively pursuing NUFC for systematic abuse of tax evasion and NI fraud . The
high court rejected their challenge over the seizure of documents, computers and other equipment.
If the Premier League take action against the club they could suffer points deductions and European cup expulsion, which won't effect them.
This action is slow moving and could easily deter new buyers.
Maybe Mike will be there for a while longer.
the new buyers have already bid with this going on??

 
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Smartin

Winger
he loaned the club over £100m-not had it all back yet-i think he paid £125m for it-and loaned it £125m for a £250m valuation..he hasnt had £125m back out of the club yyet..
I thought he bought the club for 50 million? or was that the controling share? either way I cant see him being out of pocket.

he loaned the club over £100m-not had it all back yet-i think he paid £125m for it-and loaned it £125m for a £250m valuation..he hasnt had £125m back out of the club yyet..


the owe him £111m..Why NUFC paid Ashley £33m
Oh well, I tend to stay away from reading the Chronicle to be honest.
 
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That will be covered by indemnity clauses in any deal. The only aspect of the HMRC investigation that could affect the deal is the prospect of FA sanctions for illegal payments, previous cases of which have resulted in enforced relegation. Even that could be addressed by withholding some of the purchase price pending resolution of the investigation.
 

Mboma

Midfield
If it's up to either the Premier League or the FA then all they have to do is bung them a few brown envelopes full of cash.

Problem solved.
 
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