Ashley To Sell Newcastle – No Way

We guess it’s been a couple of months since the last article on Newcastle United being sold, so there’s another piece today in the People saying Mike Ashley wants to sell the Newcastle club.


Mike Ashley – no way will he be selling Newcastle United

The news is that Mike Ashley is considering selling Newcastle United – but he wants £300M for the club he took over last summer.

Mike paid around £134M for the club and has paid off up to £100M in the club’s debts, but why would he sell now?

The club is now in better shape than it ever was under the old regime of Freddy Shepherd, and the club is starting to operate well as a business, and the club is even listening to the multitude of the Newcastle fans.

We also finished a disappointing 12th place in the league, and now we have Kevin Keegan back and Kevin has shown he seems to have lost none of the magic that saw him take Newcastle up the league so convincingly in the 1990s.

Chairman Chris Mort is set to return to his London Law firm, Freshfields in a few weeks.

But Chris has completely restructured the club since he was appointed last August, and Ashley believes the work Chris has done makes the club a more saleable asset.

While that may be true, that’s not the reason Mort has restructured the club.

He did it so the club can work more efficiently, especially in the transfer market and scouting young talent before the lads are fully developed.

Newcastle’s rather large debts have been paid off, and the club is now on a much firmer footing, and Mort is set to be replaced by Derek Llambias, who is another Ashley business acquaintance, who the owner has full confidence in.

Derek is also moving to Newcastle, which he would hardly do if a sale was pending in the near future.

No, this news is all made up, and there’s no way Ashley will sell Newcastle until we are back as one of the top clubs in the land.

We’re sure of that.

Comments welcome.

60 comments so far

  • Toonboy

    May 25, 2008 at 10:21 AM

    Comment #1

    Would’nt surprise me at all.

  • The Entertainers

    May 25, 2008 at 10:29 AM

    Comment #2

    I’m not that confident. I dont believe Ashley is actively seeking to sell, but if a big enough bid came in then i think he would sell. He’s a business man first, football fan second!

  • MarK

    May 25, 2008 at 10:35 AM

    Comment #3

    that would be the case with any football club wouldn’t it ? if a big enough bid came in you’d sell it.. I doubt he’d accept one so soon though..

  • sirjasontoon

    May 25, 2008 at 10:38 AM

    Comment #4

    “He did it so the club can work more efficiently, especially in the transfer market and scouting young talent before the lads are fully developed”.

    We are certainly a major force to be reckoned with in the transfer market..the dennis wise appointment is really paying off.

    I think we will struggle next year under this regime and I hate Dennis Wise and the whole recruitment team.

  • D B F

    May 25, 2008 at 10:44 AM

    Comment #5

    wud not suprise me one little bit if he sold up 2morro 2 b honest

  • paulthepom

    May 25, 2008 at 10:44 AM

    Comment #6

    who cares.the fact is,if he sells nufc tomorrow we are better off than what we were.every owner of every club is in it for the cash.if he does will be to someone with a lot of money.

  • Spot The Zebra

    May 25, 2008 at 10:46 AM

    Comment #7


  • toonoholic

    May 25, 2008 at 10:48 AM

    Comment #8

    or it could be someone like the glazers who would spent next 10 years paying up the loan and interest ?

  • Rem

    May 25, 2008 at 10:51 AM

    Comment #9

    Why is everyone having such a go at the recruitment team????!!! the transfer window hasnt even opened in alot of countries.
    Everyone calm the F down.
    The vast majority of transfers dont occur till august!

  • Leo

    May 25, 2008 at 10:52 AM

    Comment #10

    bull sh-t

  • Sav

    May 25, 2008 at 11:00 AM

    Comment #11

    Just a thought on a throw-away line about Chris Mort’s law firm getting paid by the hour for his services to the Toon, He’s been here a year – anyone like to figure out what that will have cost?
    I reckon somewhere between Oba Martins and Michael Owen.

  • robertsa

    May 25, 2008 at 11:07 AM

    Comment #12

    wouldnt suprise me like i wanted the belgravia group or whatever they were called.

  • sirjasontoon

    May 25, 2008 at 11:10 AM

    Comment #13

    The recruitment team is a shambles look at the Modric saga..they couldn’t tie shoe laces never mind tie up transfers.

    If Ashley sells I couldn’t care less..yes we are financially better off but it is clear from the last window when we bought some pubeless wonders from abroad that he is not going to splash his wedge on talent.

    To be in any contention of a UEFA spot at least 60m needs to be spent minimum as the squad is paper thin with a piss weak defence.

    We are nothing more than bottom 5 at the moment teams like Villa,Blackburn,Pompey,west ham,spurs are leaving us behind.

    A prime example man city in discussions with ronaldhinio..why is that little prick Wise not knocking on some decent players doors??

  • Leo Smith

    May 25, 2008 at 11:19 AM

    Comment #14

    High Powered Lawyer? On somewhere between £80k-£110k per week? Dream on. Try £200000 per annum max, absolute max, which works out at just under £3000 a week. Still far more than most are likely to see in their lives, but a helluva lot less than the players. Stop trying to get on the backs of the board – they’re doing a fantastic job. Does anyone remember FFS at all on here?

    Two years ago we were after one target it seemed, and it took us about 2 months to seal the transfer of a certain Obafemi Martins. Yes some clubs have bought players, but that would be (as far as know):

    Modric (Spurs, £16.2m)
    Bosingwa (Chelski £16m)
    Schwarzer (Fulham, free)
    Degen (Liverpool, free)

    Correct me if there are any others. Of those, I’d loved to have had Modric but that’s it. No-one is really doing business yet. We’ve seen some *evidence* (not paper talk) that we’re actively pursuing targets (Modric, to a lesser extent Gomez) which is more than can be said for eg Liverpool, Everton, Pompey, Aston Villa, Blackburn and especially Man City (!) – our biggest rivals in the coming season. So calm down, give the new (fantastic) board some credit and enjoy the signings when they come.

    And I bet they won’t have ridiculous buy-out clauses in their contracts either…

  • Eric

    May 25, 2008 at 11:29 AM

    Comment #15

    I simply do not believe a word in the press these days. Have never been happy with that ex-Chelsea London based jerk Wise either. We need the likes of Al, Pedro, Lee etc on board – not these overpaid suits farting in the wind on fat (black) cat salaries. They have to see that NUFC is more than just a football team – it is part of the heritage of Britain itself, not a toy for moneybags johnny come latelys!!!

  • toon1978

    May 25, 2008 at 11:43 AM

    Comment #16

    sundaysun is reporting papers in SPAIN are suggesting that we are looking to replace Kevin Keegan by bringing in MARCELINO…………………”NEWCASTLE are back on the trail of Spanish coach MARCELINO according to sources iN Spain.
    Previous talk of uniteds interest in replacing KEEGAN with MARCELINO died down amid their late season mini revival.
    HOWEVER, the magpies are said to be one of a handful of clubs to have contacted MARCELINO’S agents this week following the resignation as RACING SANTANDER coach,
    And the SUNDAYSUN understands united have sounded out the 42 year old’s representitives via PABLO LONGORIA, a friend and former colleague of MARCELINO who scouts for NEWCASTLE UNITED in Spain.
    Meanwhil, the agent of HAMBURG striker IVICA OLIC has suggested NEWCASTLE have contacted him regarding the croation international, AND the word in TURKEY is that they have made an £11 million bid for GALATASSARAY winger ARDA TURAN.

  • Hadrian

    May 25, 2008 at 11:53 AM

    Comment #17

    you sure thats why he payed the debt off Ed?
    not to make it a more attractive sale , or to borrow against the club ?

    and we replace keegan and ill personally replace ashley !!!!!!!!!

  • daiv

    May 25, 2008 at 11:59 AM

    Comment #18

    Why would MA consider selling the club only after he has returned it to one of the top clubs in the land? For a bigger profit perhaps. You argue against yourself. If you don’t want to sell, the least likely time is when the club has achieved its rightful status. MA will sell when he can see a reasonable profit. He’s a businessman with no emotional interest in NUFC. That shirt wearing stuff is all bull.

  • MarK

    May 25, 2008 at 11:59 AM

    Comment #19

    modric wanted euro football and to live in london.
    he would have delayed anyway if we did have a firm bid in.
    but lets just disregard that and blame dennis wise and the recruitment team..

    some people want us to go out and spend like crazy just after we cleared all out debts..

    I’m pretty sure ashley isnt goin to funnel all his money into nufc. hes already spent about 25% of his net worth on the club.

    he wants the club to generate its own money to fund its transfers not use more of his own.

  • toon1978

    May 25, 2008 at 12:01 PM

    Comment #20

    If Ashley replaces KK then he really does not have a clue about football. He needs to be told that this is not a game of SUBBUTEO or CHAMPIONSHIP MANAGER. On another note it has been rumoured that MAN CITY have a transfer budget of 70 million and Liverpool also have a masive transfer budget. SUNDELAND also seem to have a larger budget then us i really hope this is not true because we will fal even further behind but this is all paper talk atm. My views on Ashley at the present time are not good with rumours of wanting to sell NUFC, LOWERING THE WAGES, GETTING RID OF KK, A SMALL BUDGET IN THE WINDOW. It all sounds depressing and i am thinking if he did sell then he would be doing us a huge favour. I give him credit for sorting the dept out at NUFC but thats all he has done IMO.

  • najikhin

    May 25, 2008 at 12:03 PM

    Comment #21

    hope he will sell this club to a richer person..who will gladly splash 40millions on a player and pay 140k per week for that player..

  • oioi

    May 25, 2008 at 12:06 PM

    Comment #22

    i cant believe that some people actually believe the press still?
    they can only get the stories they want by attempting to destabalise the club(s) with blatant lies.
    ashley wants to ban every red top from SJP and any moron who actually believes anything these ignorant hacks write or any rumors they start deserves all they get.
    KK returning was the scoop they all missed therefore severely pissing them all off.
    ive not read a paper for 10 years and im better off for it.
    the favourite tactic is for the sad hack to completely make up a rumor or story then add the immortal words ‘fans unrest’…
    i wouldnt wipe my arse on a newspaper to be honest…even the non sport storys are manufactured biased garbage.
    rant over…good luck KK and the lads next season,hopefully top 8.
    ( the div 2 playoffs tomorrow and tell me why we shuldnt sign the whole of stockport countys back 4!!!…all teens/early 20’s and would put certain mags / ex mags (not mentioning any names..cough titus cough) to shame).

  • daiv

    May 25, 2008 at 12:08 PM

    Comment #23

    Well said. We do not need Wise and the other guy who is chairman. They all support other clubs and are only interested in NUFC to make a quick killing.

  • toon1978

    May 25, 2008 at 12:13 PM

    Comment #24

    Good post OIOI i see what you are saying. he papers are all negative towards NUFC and i am one of the fools who buys the papers for stories about transfers. The next name to crop up is SWP but that needs to be taken lightly. One paper is saying that KK may be replaced and another paper saying that KK wants SWP. Also in the NEWS OF THE WORLD it says in big letters MAN CITY have millions nd milions to spend nd will bring in RONALDINHO but in another part of the sports bit in the Same paper it says RONALDINHO WILL sign for AC MILAN the papers are full of shit the writers want shot especially the donkeys that write for the EXPRESS,SUN.

  • Spyro

    May 25, 2008 at 12:17 PM

    Comment #25

    too many complainers on here

  • toon1978

    May 25, 2008 at 12:22 PM

    Comment #26

    Spyro the world is FULL of complainers mate.

  • Hadrian

    May 25, 2008 at 12:23 PM

    Comment #27

    no smoke no fire , we all know the media will do anything to stick the boot in .
    but i think every respectable toon site has worries about whats happening at the toon .
    the constant leaks to the london press are generally belived tobe comming from someone connected with the club now due to the contant leaks in the london based press .

    not saying take anything at face value here , but we shouldnt be dissmising it either .

  • Eric

    May 25, 2008 at 12:26 PM

    Comment #28

    Read the article in the People. All tripe. Also read what Avram Grant’s missus said about the press. She is so right. Look what the press says about NUFC. I got a reply from the Press Commission about my complaint about what the Daily Mail publishes about NUFC. I am only a third party and am not affected so I can do nothing about the crap in the media. The Press Commission are toothless puppies. These lying fatherless reporters get away with it all the time. Do not buy these lying rags. If you do then save the back pages to wipe your arses – several times!

  • Spyro

    May 25, 2008 at 12:27 PM

    Comment #29

    there are no leaks, no moles, no spies. they make up crap because people in the south believe it without a second thought. I know because i live down here, people down here love to hear NUFC failing. The papers are just giving the public what they want. Stop complaining about it and just ignore it.

  • Hadrian

    May 25, 2008 at 12:30 PM

    Comment #30

    spyro , even people connected with nufc for decades are resigned to the fact that we have someone who’s got mates in the london press .
    even have hinted it , and you wouldnt catch them spreading shiite so easily .

    tell me how ‘this is london’ news has carried toon stories the day before we hear about them up here .

  • toon1978

    May 25, 2008 at 12:31 PM

    Comment #31

    SPYRO why are the ppl down your neck of the woods want to see NUFC fail so much,are we that much of a threat a mediocre mid table club a threat to the mighty ARSENAL, SPURS, WESTHAM, CHELSEA. How sad and disturbing. I think they dislike us so much because SPUR spend an absolute fortune and we still turn them over HOME AND WAY.

  • toon1978

    May 25, 2008 at 12:37 PM

    Comment #32

    Anyway iwould be happyif we could pull in these 5 players ie


  • ronaldeano

    May 25, 2008 at 12:40 PM

    Comment #33

    The funny thing is, you all BELIVE all the shit that is written in the papers! The only time when we should all belive what is writen is when a player signs on the dotted line. Dont get pissed off with the crap they print because you will do your OWN heed in!

  • Spyro

    May 25, 2008 at 12:42 PM

    Comment #34

    toon1979, the thing people on here often misunderstand is that Spurs too are a team that people down here want to fail, even though they themselves are based in london. The media have even managed to turn us and spurs into rivals through the way they have told their stories over the years. The reason is because both us and Spurs are ambitious teams who are not willing to accept being mid table. Both teams have a fair amount of money and are not afraid to spend, so in a sense, yes, we are a threat to the top four. Both sets of fans are known for being good supporters and we always let it be known that we have high hopes for our team. This annoys people down here (bar spurs supporters) as the majority are top 4 supporting, glory hunters who feel we have no right to be optimistic or have any sort of aspiraions for our club. They are also very jealous of NUFC support and resent Tottenham as they are classed as having some of the best support in the premier league also.

  • ronaldeano

    May 25, 2008 at 12:43 PM

    Comment #35

    @Eric, you are spot on there mate

  • Bill F

    May 25, 2008 at 12:55 PM

    Comment #36

    To many people using to many CAPITALISED words in their comments. I find it IRRITATING and don’t bother reading them, which may be a PITY as they may be saying something WORTHWHILE.

    As for the story line it sounds a bit like the dreaded vote of confidence that managers get.

  • toon1978

    May 25, 2008 at 12:59 PM

    Comment #37

    My apologies Bill F i will now STOP using CAPITALISED words just for you 😉

  • TomPoon

    May 25, 2008 at 1:14 PM

    Comment #38

    bull shit

  • Bill F

    May 25, 2008 at 1:24 PM

    Comment #39

    Thanks toon1978 🙂

  • Tom_Toon

    May 25, 2008 at 1:33 PM

    Comment #40

    If DIC i offered id love for Mike Ashley to sell, not sure about a russian or american investor though, they dont seem to be seinsible enough.


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