There is news this morning in the Sunday Express, that a Singapore consortium is on the verge of launching a fresh bid to buy Newcastle United from current owner Mike Ashley.Â That doesn’t surprise us one little bit.
Mike Ashley – enjoying being a Newcastle fan far too much
But Newcastle owner Mike Ashley has insisted many times that he has no plans to sell the Premier League team, justÂ a short six months after buying it for Â£170M, but we cannot stop the papers from reporting this kind of stuff.
It wouldnâ€™t surprise us at all if Newcastle United are in demand out there, because it is a good club, with tremendous fan support. But if Mike Ashley could make Â£30M now, just think how much the club could be worth in 3 years time, if his plans for the club materialize, which we expect them to.
Far better build the team up and have it be successful, thatâ€™s part of the excitement in buying the club in the first place. So while it could be true that Â£200M could be offered for Newcastle United, Mike Ashley is far too savvy a business man and enjoying being a Newcastle United supporter far too much to cash in.
No, we think Mike Ashley and Chris Mort are in this for the long term, which they have told anybody who will listen â€“ and that’s good for them â€“ and good for the Newcastle United supporters.
Mike made a great buy when he bought the club back in June, and we expect him to carry through on his plans to make it into a top club. That’s the excitement for Newcastle fans in the foreseeable future, and we don’t expect the club to change hands anytime soon.
There’s just far too much work to be done right now to make the club great again.Â Â Â 😀