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	<title>Steady Burn &#187; newcastle</title>
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		<title>Billionaire Soccer Club Owner Barks at Bin Laden Buyout</title>
		<link>http://www.steadyburn.net/2008/07/billionaire-soccer-club-owner-barks-at-bin-laden-buyout/</link>
		<comments>http://www.steadyburn.net/2008/07/billionaire-soccer-club-owner-barks-at-bin-laden-buyout/#comments</comments>
		<pubDate>Thu, 10 Jul 2008 14:19:00 +0000</pubDate>
		<dc:creator>Mike</dc:creator>
				<category><![CDATA[bloody england]]></category>
		<category><![CDATA[branding]]></category>
		<category><![CDATA[cash money billionaires]]></category>
		<category><![CDATA[newcastle]]></category>
		<category><![CDATA[soccer]]></category>
		<category><![CDATA[terror]]></category>

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		<description><![CDATA[Mike &#8220;Got Money Like 10 Mo&#8217; Times&#8221; Ashley, the owner of Newcastle United, put it bluntly when asked if he was considering a company owned by relatives of Osama Bin Laden as a potential investor in his club: &#8220;I think I&#8217;ll start with people from Newcastle, not in some cave in Afghanistan,&#8221; Ashley told UK [...]]]></description>
			<content:encoded><![CDATA[<p><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://bp3.blogger.com/_QOF-mokvTws/SHYi46fAwSI/AAAAAAAAAt8/nOTn0box3-I/s1600-h/mikeashley.jpg"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer;" src="http://bp3.blogger.com/_QOF-mokvTws/SHYi46fAwSI/AAAAAAAAAt8/nOTn0box3-I/s320/mikeashley.jpg" alt="" id="BLOGGER_PHOTO_ID_5221399179150016802" border="0" /></a><br />Mike<span style="font-style: italic;"> &#8220;Got Money Like 10 Mo&#8217; Times&#8221;</span> Ashley, the owner of Newcastle United, <a href="http://www.telegraph.co.uk/sport/main.jhtml?xml=/sport/2008/07/10/ufnashley110.xml">put it bluntly when asked if he was considering a company owned by relatives of Osama Bin Laden as a potential investor in his club:</a></p>
<p><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://bp3.blogger.com/_QOF-mokvTws/SHYi_AAXS2I/AAAAAAAAAuE/HTezR8kjTM4/s1600-h/mike+ashley.jpg"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer;" src="http://bp3.blogger.com/_QOF-mokvTws/SHYi_AAXS2I/AAAAAAAAAuE/HTezR8kjTM4/s200/mike+ashley.jpg" alt="" id="BLOGGER_PHOTO_ID_5221399283711298402" border="0" /></a><br /><span style="font-size:130%;"><span style="font-style: italic;">&#8220;I think I&#8217;ll start with people from Newcastle, not in some cave in Afghanistan,&#8221; Ashley told UK paper The Telegraph.</span><br /></span></p>
<p><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://bp3.blogger.com/_QOF-mokvTws/SHYjHCzHplI/AAAAAAAAAuM/NlL0lyySbIw/s1600-h/newcastle.jpg"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer;" src="http://bp3.blogger.com/_QOF-mokvTws/SHYjHCzHplI/AAAAAAAAAuM/NlL0lyySbIw/s320/newcastle.jpg" alt="" id="BLOGGER_PHOTO_ID_5221399421900006994" border="0" /></a><br />Rumors have been swirling that Ashley is looking for club investors after his firm Sports Direct took a bath this year in the profits (down 50%). Ashley primarily blames it on the disagreeable weather conditions in England; looks like he&#8217;s a got a ways to go in working this out.</p>
<p>Back up to those futbol crazed Bin Laden&#8217;s for a second&#8230;</p>
<p>The Telegraph also reports that The Saudi Binladin Group, which run by Osama bin Laden&#8217;s half-brother Bakr bin Laden, distanced themselves from the Al-Qaeda founder some years ago.</p>
<p>Now I am no great fiscal mind, far from it in fact. But have we considered a name change for the Binladin Group? Even my cut-rate sensibility tells me that association with known terrorists  &#8211; <span style="font-style: italic;">not really that great for brand equity.</span></p>
<p><span style="font-style: italic;">What do they do exactly?</span> Who knows. And I&#8217;m not going to be the guy who gets his I.P. address flagged for visiting that website. Nope.</p>
<p><span style="font-weight: bold;">Links:</span></p>
<p><a href="http://www.telegraph.co.uk/sport/main.jhtml?xml=/sport/2008/07/10/ufnashley110.xml">Mike Ashley Rules Out Newcastle Sale to Bin Laden Family</a><br /><a href="http://news.bbc.co.uk/2/hi/business/6684573.stm">Newcastle Gets $263 Million Buy Out Offer</a><br /><a href="http://soccerlens.com/newcastle-not-for-sale-yet/8117/">Why Mike Ashley Won&#8217;t Sell Newcastle United Just Yet</a></p>
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