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I am a Law student and Newcastle United fan, producing legal and financial analysis of football using publicly available information.

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Amanda Staveley and Cantervale: What does it mean for Newcastle United?

Amanda Stavely and Cantervale: What does it mean for Newcastle United? After tweeting about the establishment of ‘Cantervale Limited’, I’ve had a few fellow Newcastle fans in touch. Most of whom to ask what on earth I’m talking about. So, I decided to write an article discussing the implications this company has on the sale of Newcastle United Football Club. To better understand what’s going on, I decided to look back on the sale of Manchester City from Thaksin Shinawatra to the Abu Dhabi United Group (ADUG) in Summer 2008, which was brokered by Staveley. This will give us an idea of how Amanda likes to conduct business, and how she and her Lawyer/Business partner Craig Farquhar have structured deals in the past. In Spring 2008, the Thai government froze Thaksin Shinawatra’s $750 million bank account, and brought proceedings to extradite him.This would make him in breach of Premier League regulations, deemed ‘unfit to be an owner’, then forced to sell the club. Anticipating th
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Can't Reveal Ltd? A response to criticism, and a clarification of the doubts surrounding Cantervale Ltd.

Earlier this morning I wrote an article concerning Cantervale Ltd, and the implications this company has on the sale of Newcastle United. I have been delighted by the response amongst the Newcastle fanbase, and hope it put Cantervale into understandable terms for the laymen amongst you. However, my claims have since been rubbished by local ‘journalists’, whom I feel obliged to respond to. This is not out of desire for conflict, but to ensure my fellow fans are best informed on the legal status of the takeover. Furthermore, there has been a few questions raised by you on Twitter which I felt I should address. A response to the critique of my previous article: A variety of ‘journalists’ have claimed ‘Cantervale is unrelated to Staveley’s interest in NUFC’, and that ‘Cantervale isn’t a holding company created in anticipation of a takeover deal’. They have citied ‘sources’ as evidence of this, later clarifying them to be ‘Amanda Staveley’s people’. Now, if we believe even for a seco
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Sports Direct Ltd: The Next Chapter in the Newcastle United Takeover?

Thanks to some of you on Twitter, I was made aware of a filing submitted this morning by ‘Sports Direct International PLC’ at Companies House. This filing concerns ‘the authority to purchase own shares out of capital’. As some have pointed out, the document will be ‘processed within the next 5 days’, and is not yet available. However, the contents of previous filings on share buyback haven’t been made available after the five-day clearing period. I have no reason to believe this time will be any different, so will not await a document I will never get to see. Instead, I have decided to infer from the purpose of the filing, while conducting research on Mike Ashley’s business history, to analyse what this development means for the Newcastle United takeover.   The Law on Share buyback: To frame my analysis, I’ll begin by explaining the law around a company buying back its own shares. Yearly, share buy backs are capped at £15k or 5% of a company’s value, whichever is lowest. In the
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