Developments in London today as all indicators started to point to real progress in a Newcastle United takeover.
As MASH Holdings, the company Mike Ashely uses to control his business interests, started to reorganise and close companies related to Newcastle a new entrant appeared at Companies House.
A new company ‘Monochrome Acquisition Limited’ was incorporated on 5th June 2019. Director, none other than Khaled bin Zayed. With claims only last week that a deal had been agreed and that representatives in the UEA were working to close the deal this has to be a significant step in the right direction.
Whilst whomever thought of the name deserves some credit for creativity.
noun: monochrome; plural noun: monochromes
a photograph or picture developed or executed in black and white or in varying tones of only one colour.
The significance of the closures can’t be lost either. This behaviour could be a prelude of a major transaction or maybe just some house-keeping. Just a coincidence? Time will tell.