Mike Ashley shuffled in his seat, rubbed his chin, and paused as he pondered his first question from a reporter, possibly ever.
Being charitable, you might say the Newcastle United owner and billionaire was thinking carefully.
Others might have concluded he was squirming in his deputy chairman seat at the Sports Direct AGM on Wednesday afternoon.
The pause, the embarrassing silence, lasted 27 awkward seconds.
http://www.mirror.co.uk/sport/football/news/after-five-years-silence-newcastle-4197405#ixzz3D27H5ZYL
Ashley speaks..
posted on 11/9/14
I had no idea Ashley was so poor a speaker. I guess that's why he doesn't do it
posted on 11/9/14
Think his money does his talking mate,so,sports direct 11 is a maybe,a big control in Rangers and maybe a quicker route into Europe and better coverage for his company in advertising,is this what this guys all about?
posted on 11/9/14
Prob blue which I can't see what would be bad for us
posted on 11/9/14
He will need a buyer for Newcastle first tho..correct?
Hmmmmmmmmmm
Another day another story eh! These last couple of years have been nothing short of another dark period in the history Of Glasgow Rangers,I really hope some good news is only around the corner..then again,well you know what I mean..its Rangers here were talking about so probs bad news
posted on 11/9/14
Ashley would be a nightmare for rangers fans but beggars cant be choosers its a million times better than the current cants
posted on 11/9/14
comment by Laudrup (U12366)
posted 17 minutes ago
Ashley would be a nightmare for rangers fans but beggars cant be choosers its a million times better than the current cants
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I live in the North East now and know many Toon fans who have no problem with Ashley as he runs Newcastle as a proper business, not the worst that could happen.
posted on 11/9/14
I'm just not totally at ease with who he has been hanging around with from our current leaches.
I'm still hanging out for DK to step in when the time is right. That time will no doubt when we are in admin (I think it's nailed on we will be) again
posted on 12/9/14
He'll be much better for Rangers than the current lot and maybe better than king. The club would be run entirely for his benefit and you would need to accept that. But he would clear the debt and put a decent team on the park. That's the only way he would be able to make rangers work for himself.
As for the guy who thinks that many Newcastle fans have no problem with him and that he runs he club as a business....it must be the north east of Alaska that you're living in mate. Either that or they're the only guys who don't know what's going on there. Ask them why pardew got a seven year contract for instance.
posted on 12/9/14
Newcastle's Mike Ashley set to bid for Rangers
MIKE ASHLEY is preparing to become the front-runner in an effort to save Rangers from another financial collapse.
By: Graham Clark
The Newcastle United owner has made positive moves to sell the St JamesÂ’ Park club and bring to an end a troubled seven-year reign on Tyneside as he turns his attention to Ibrox.
There is already interest in United – even at the asking price of around £230million – and any quick deal would allow Ashley to immediately focus on the Gers.
News of the Sports Direct chief’s enthusiasm for stepping up his involvement with Rangers comes on the day fans are expected to hear how successful the board’s latest share issue – aimed at raising £4m – has been.
But, whatever happens, it appears Ashley is keen to switch his football and business from Tyneside to Clydeside.
Gers fans are now of a mood where any transparent ownership of the club would be welcome, even if there would be reservations over precisely what Ashley has in mind.
He has been notoriously reluctant to splash the cash at Newcastle during his time in charge of the Premier League club, although Rangers wouldnÂ’t need anything like the investment in players the English club require to compete against Arsenal, Chelsea and Manchester City.
Ashley, of course, already has a stake in the Gers, along with the naming rights for Ibrox. But, until he sells Newcastle, he is pre- vented from increasing that to more than 10 per cent by SFA rules.
UEFA regulations also stipulate the same person cannot own two clubs that might meet each other in European competition and, while neither Rangers nor Newcastle are playing in Europe, they could in the future.
Now it seems Ashley wants to take charge of the Gers alone with, clearly, one eye on a potential return to the Champions League and the opportunities that would afford.
But right now his focus is on selling the Magpies quickly – and the £230m asking price includes repayment of the £129m he is owed in the form of interest-free loans.
Ashley paid just £134m to purchase Newcastle from Sir John Hall, above, and Freddie Shepherd in 2007.
And, while the club has not officially been put up for sale as the uncertainty could destabilise the business and unsettle the team, there is interest from North America and the Far East in buying a club that posted a post-tax profit of £9.9m for the last financial year.
That, however, has not been achieved without incurring the wrath of a lot of people concerned at his lack of investment in the team, a controversial shirt deal with payday loans company Wonga and a series of internal cost-cutting measures.
The £40m spent on players this summer was paid for almost entirely by the sale of Yohan Cabaye to Paris Saint-Germain and Mathieu Debuchy to Arsenal.
posted on 12/9/14
I suppose if Ashley really does want to buy Rangers then the big question is, how long will it take to find a buyer for Newcastle? It's been up for sale for a while and part of the price includes paying back loans to Ashley, not particularly attractive to investors,
I imagine Rangers need investment quickly, or is Ashley perhaps looking at picking up the pieces from an insolvency event?