Beheaddie was always going to be their transitional manager before they can bring in a big name.Honestly if their form stays like this at the end of the season I'll be surprised if Howe is in a job by the start of the next.
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Beheaddie was always going to be their transitional manager before they can bring in a big name.Honestly if their form stays like this at the end of the season I'll be surprised if Howe is in a job by the start of the next.
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Newcastle United’s co-owner faces repaying £3.4 million loan
Amanda Staveley owes money to Victor Restis, a Greek shipping magnatewww.thetimes.co.uk
Claims that Amanda Staveley, the co-owner of Newcastle United, was not obliged to repay a loan of more than £3 million were in the “realm of fantasy”, a judge has said.
Staveley, who in 2021 engineered a takeover bid of the Premier League club, faces having to pay a Greek shipping magnate as part of a bankruptcy battle in High Court.
Victor Restis has issued the 50-year-old businesswoman with a bankruptcy petition in which the he claimed that Staveley was liable to pay him £3.4 million owed from an investment he made in her business ventures.
However, Daniel Schaffer, the judge, dismissed her application, saying that the dispute should be dealt with in court and ruling that Staveley was liable to pay back the loan.
Restis has until April 22 to issue a bankruptcy petition after the decision ― unless Staveley pays the money owed before that date.
Ted Loveday, representing Staveley, had told the court in written submissions that it was “common ground” that Restis had made a £10 million investment in Staveley’s business ventures in 2008.
Restis initially issued a statutory demand last May for £36.8m, which included the outstanding loan and what Loveday described as “exorbitant” interest of £31.3m.
However, the shipping tycoon’s legal team eventually dropped the claim for interest and legal costs to pursue just the loan’s outstanding balance.
The court heard that Staveley signed documents between 2017 and 2021 that made her personally liable for a loan from Restis.
Her barrister argued that the businesswoman had been intimidated into signing those agreements, which had been “procured by duress, undue influence and/or misrepresentation”.
However, in his ruling, the judge said that Staveley’s liability was “proved conclusively” in the documents and that it “beggars belief” that she did not understand she was liable, adding that the claim “ventures into the realm of fantasy and is completely implausible”.
The judge added that there was “no evidence” that Staveley was under duress from Restis or his lawyers.
There had been clear commercial pressures on Staveley, said the judge, but Restis “was perfectly entitled to press for payment”.
Staveley was not in court to hear the judge’s comments. After the ruling, a spokesman for the businesswoman said that she intended to appeal.
View: https://x.com/Kat_Lucas_/status/1772971847270969433?s=20
You'll never sing that...........................again, like ever".
Tonali should don a tea-towel and bare his chest, then he can allege racism.