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I'd challenge the size of the fanbase thing. Newcastle is one of only three clubs in the whole North East, Leeds the only big club in West Yorkshire. But both have struggled in normal circumstances (i.e. no Saudi money) to get above EPL relegation fodder. We compete with at least 3 other clubs...

The great puzzle is if, as you say, this was their worst investment ever, why did they not cut and run years ago? They were sold a pup by ray ranson, but then stuck around, and even in the last few years managed the club quite well on a day to day basis - got good people in like Boddy and Robins...

A number of clubs split the two businesses on purpose -Crewe for example

That's a feeble reason. He is a businessman who took a lot of shit from entitled Newcastle fans. If I was him I'd steer clear. The stadium is the value, not the club (except possibly as a way of reducing tax paid). Most on here want club and stadium combined, King wants it too, but there is no...

'Bit of land off the M6 is far more likely to make money than a Championship football club' THIS THE BIT THAT MATTERS.. We are obsessing with owning our own ground or Ashley buying the club, yadayadayada. The value in the deal is not the prospect of buying the club, but how he can leverage his...

Does MA have a financial interest in bums on seats? Or just the total rent?

We need new members. More traffic =, more ads for Nick to show = more revenue for SBT = good thing, as it is technically much better than many supporter blogs

good point

....I've had enough of this, I am going to pull the curtains, go to bed and yank the duvet right over my head. Then I am going to curl up into a ball and await the outcome. Gibbo remains confused

The trouble is that if £25 m is him spent up, where will we be thereafter?

You are right, this is a very complicated way to buy a ground unless there is some ulterior motive

After 35 pages, plus the 300+ on the other thread, without knowing exactly why, increasingly think the King deal stinks. The reasons have been listed by others above, but:- Is the King deal signed and done or is it conditional on the outcome of today? Could we end up back 100% SISU owned? Could...

1. Do we know for certain it is non-refundable? For instance were King to get the ground would he have to pay MA? Or was the non-refundable clause a price for exclusivity, and exclusivity enabled MA to drive down the price? 2. Also I remain unconvinced that the poor relationship between SISU...

I never saw Joy as the sort to just roll over and accept the inevitable. Seems that she isn't going quietly.

so MA wants to squeeze SISU and buy the club at a distressed rate, and SISU want to box MA in and get the stadium at a distressed rate, or something liken that anyway

The choice: Championship - three options- flirting with promotion, mid table safety or flirting with relegation. 2/3 are ok Premiership: Every single season a grind to stay up, hanging on to the memory of the very occaisional brilliant victory (see above), but otherwise being regularly...

As landlord it i perfectly right that a change in the tenant structure is discussed with the landlord, who would have had to sign a non-disclosure. So far so sensible. But it looks like the professional arm of the Council had a clear agenda that involved using Council money to prop up a failing...

thankfully not in 1967 - 51455 - I was there

I certainly don't want to get to the Prem. Been there for 33 years, done it, got several T shirts. Why be 17th in the football hierarchy and be trounced regularly, when you could be 27th and win most weeks?

Then why did he invest in Oldham for three years? And briefly rename their stadium the Sports Direct Stadium? Thankfully it is once again Boundary Park (where I saw my first ever professional football match aged 9 - my parents were trying to discourage me, but I loved it)