Reports Reliance Group Meeting With Ashley This Week

The Vice-President of Reliance Communications, Gaurav Wahi, which is part of the Anil Dhirubhai Ambani Group, has denied he has made any comments on the Newcastle United situation, including a quote that says the group are not interested in buying Newcastle United.

Anil Ambani – Reliance Group reported meeting with Ashley this week

The Newcastle Journal contacted Gaurav Wahi directly last night, and this is what he told the local Newcastle  newspaper:

“I don’t know who has put it in my name, but I have not given a quote to anyone. The quote attributed to me surprises me as I have not spoken to anyone about this.”

Some reports in India had directly quoted Wahi as saying the group was not interested in buying Newcastle United, but the Vice President has said he never said that.

Of course, we don’t know if that means he is interested now, but it seems to us a good opportunity to deny interest, if that is indeed true – and he didn’t.

Sources also told The Journal last night that representatives of Anil Ambani are indeed due to meet Ashley in London this week.

The Newcastle owner will just now be realizing the depth of feeling against him at Newcastle, and his attempts to carry on, with business as usual, may be a lot harder than he first thought, although the indications are that the Newcastle Board want to do just that.

Most fans are hoping Ashley will sell up and ship out, and indeed our poll, with just 268 votes in, show a full 75% want him to sell the club. If you haven’t voted now is your chance because we’d like to get to understand fans’ real feelings over this – so if you haven’t voted now is your chance in our Poll Corner down the right hand side.

We would certainly like Ashley to sell the club, because we think the Board has proved they have no understanding of how to run a football club, and their statements on who had final say on transfers are both incompatible and misleading at best.

Comments welcome.

78 comments so far

  • dingo

    Sep 9, 2008 at 11:06 AM

    Comment #1


  • neeraj

    Sep 9, 2008 at 11:08 AM

    Comment #2

    woo hooooooooooooooooooo

  • Rasko a.k.a Hadji

    Sep 9, 2008 at 11:11 AM

    Comment #3

    Anil can’t fight with his destiny which is called NEWCASTLE UNITED

  • Irish John

    Sep 9, 2008 at 11:12 AM

    Comment #4

    can’t beleive 27 people actualy voted pro for Ashley….

    Imagine how it would feel if this actualy happened…I could’nt put into words how i would feel….

    Please , please let the journal be right for a change

  • ken

    Sep 9, 2008 at 11:13 AM

    Comment #5

    newcastle united boycott video

  • Chris F

    Sep 9, 2008 at 11:16 AM

    Comment #6

    too much wishful thinking on your part here, Ed.

    I really can’t see Ashley selling up at all.

  • welshtoon

    Sep 9, 2008 at 11:16 AM

    Comment #7

    this is never going to happen we have got to start being realistic lads ashley will stay no doubt about it

  • eric soon

    Sep 9, 2008 at 11:18 AM

    Comment #8

    well done….nice to hear that news…hopefully it will be deal for this few days..come on…ambani you can make it…..just do it….!!!!

  • Davies

    Sep 9, 2008 at 11:18 AM

    Comment #9

    I hate to say this, but Ambani might not be our saviour. How does anybody know that he will be any better than Ashley.

    Don’t get me wrong, I’d be happy with an alternative to the present mess.


    Do any of you genuinely know anything about this man, apart from his obvious wealth, that hasn’t been published in the same tabloids who have been fuelling this entire situation.

    I was always told to be careful what I wished for.

    Do the right thing. Support the club. Forget the rest, it will sort itself out eventually.

  • GM

    Sep 9, 2008 at 11:18 AM

    Comment #10

    arrr that “sauce” again…..dont belive a word till there are direct quotes

    Dingo – Did you get anywhere with the t-shirt thing for sat? read your post on toon ultra site

  • filthy mag

    Sep 9, 2008 at 11:19 AM

    Comment #11

    Please, please, please, please, please, please, please, please let this be our path to the return of the messiah.

    It is very pleasing to hear that the quote that was initially attributed to the VP isnt true. Hope springs eternal.

  • ArtyH

    Sep 9, 2008 at 11:23 AM

    Comment #12

    And most of us thought the last regimine was a load of *&^ , and it could’nt get any worse, just look at us now!

  • Whumpie

    Sep 9, 2008 at 11:23 AM

    Comment #13

    I’m gutted that Ashley’s involvement has turned sour. With him and Mort in, it all looked so promising – financial stability, an owner who was there to be a fan, and all of it British.

    I do want him to sell, of course – and like everyone, I can’t help but hope it would open the door for Keegan again.


    I don’t trust Anil and co, and I have plenty of experience dealing with Indian businessmen which points to trouble ahead. Also, as with any investment group from any country, they have absolutely nothing in mind but making a financial killing, so we can pretty much expect to end up hating them at some point. Cynical of me, perhaps, but let’s be realistic – all owners have their problems.

    I hope I’m wrong. Either way, I’d rather see the sale go through quickly and take my chances.

  • Sav

    Sep 9, 2008 at 11:23 AM

    Comment #14

    Cowboys 0 Indians 1!

    Incidentally, if Ashley bought the club without due wotsit for 135 million and then discovered to his dismay that there were 80 – 100million of outstanding debts (which he says he has paid) plus 25 million outstanding on player transfers, that means he paid way over the odds and the club is now worth about 110 million, right?

    So how come every report has inflated the price up to 24 – 28o million? Did we suddenly double in value under Wise and Llambias? I didn’t think so.
    Sell up Ashley. You’re not wanted and we don’t need you here.
    Get back to Spurs.

  • WesToon

    Sep 9, 2008 at 11:26 AM

    Comment #15


    Prob wont happen,BUT we can always dream!!!

    Howay the Lads!!

  • capt. darlin

    Sep 9, 2008 at 11:26 AM

    Comment #16

    Im not saying i support ashley, i support newcastle united. Boycotting the Hull game will only affect the players giving them an unnecessary distraction and excuse if we dont beat Hull on sat…. that doesnt help anyone. We should support the team cos they have no control for whats happened/ going on at present!!! Keegan has gone now, yes he was undermined to a degree. He says it was his decision to sell milner so we have to believe that. He wanted to bring in four players in the two days before transfer deadline. It was never gonna happen, when it had taken all summer to sign the other four ie gut, colo, bass, gutherie. We signed two others, I keegan may not of wanted them but you cannot tell me he was behind the signing of spiderman and everyone is raving about him. If KK hadnt kicked off and stayed and told the fans what had happened he would of been in a stronger position come the january transfer window and put more pressure on the board cos the fans would of known the situation and backed KK. Instead he walked, wrongly in my opinion and created the current turmoil.

  • Kash

    Sep 9, 2008 at 11:27 AM

    Comment #17

    Any accountants commenting on here? If so:

    If MA wipes out the debt of the company (NUFC) and replaces it with a directors loan (loan from MA to NUFC), would the potential buyer of the club be in debt to MA?

    As NUFC is privately owned we no longer have the ability to view its accounts!

  • Sav

    Sep 9, 2008 at 11:27 AM

    Comment #18

    Sorry, that should be 240 – 280 million.

  • Whumpie

    Sep 9, 2008 at 11:28 AM

    Comment #19

    I’ve just had an idea for Saturday. Personally, I think a one-match boycott is the way to go. BUT I may be in the minority, so…

    How about getting some nice (rich) local to print up and give out Kevin Keegan masks at the turnstiles?

    Just imagine how 50,000 KKs would look on Match of the Day…

  • lesh

    Sep 9, 2008 at 11:29 AM

    Comment #20

    Believ me, if the money’s right, Ashely’ll be away like a shot.

    Has he shown any commitment and honesty to the City, the fans, his staff , the players and the whole ethos of Newcastle United?

    No! Non!! Nein!!! Niet!!!! Nee!!!! nej!!!!!

    Please say adios and take your London mafia with you.

  • Sav

    Sep 9, 2008 at 11:32 AM

    Comment #21

    It is worth what it is worth in the market-place.
    Ashley though it was worth 135 million and that’s what he paid for it. Then he says, woah! there’s 100 mil debt I didn’t know about. Tough!
    That doesn’t make it worth 135 + 100 million. Caveat Emtor.

  • capt. darlin

    Sep 9, 2008 at 11:34 AM

    Comment #22

    some will say they tried to sell owen and barton…… Owen has been offered a three year deal which improved terms of £12ok a week, and he still hasnt signed it. Why??? Cos he’s probably looking to leave and he only came to us anyway when noone else wnated him to get in the world cup squad- Fact!!! There is obviously indictations of Owen waiting till Jan to see if anyone else comes in for him cos he could sign a pre contract agreement and leave for nowt in the summer. So I dont blame them for offering him to other clubs. As for Barton most fans wanted him sacked so why whinge on that they were trying to sell him…..

  • Angryman the Angry Fan

    Sep 9, 2008 at 11:34 AM

    Comment #23

    I am in the ‘I very much doubt this will happen’ camp, but how good would it be.

    Some valid arguments(Debates) on here today.

    Rumours are that reliance arent looking at buying NUFC but Ambani is, as a seperate entity to the reliance group!!

    This could only point to one thing, that he himself will have complete control and wont have to report into the reliance group.

    One question was how do we know he will be any better?? Cant be worse surely……

    If (Massive IF) he did buy, he would be looking to Market NUFC in Eastern Asia, this would surely mean a marketing strategy that would make our great club and its merchandise must have, Ie Buying the best players that we can buy without leaving us in the S**t of course.

    That along with the link up with Steve McMahon Company Marketing us over in Singapore etc, NUFC could become bigger worldwide brand.

    Hopefully this all comes off.

  • Sav

    Sep 9, 2008 at 11:35 AM

    Comment #24

    Hey, Mike take your tank and get it the f… away off wor lawn!

  • Angryman the Angry Fan

    Sep 9, 2008 at 11:37 AM

    Comment #25


    Cracking idea, but they would confiscate them!!

    Alternatively, Mike Ashley masks, although he has about 50,000 faces already doesnt he!!!!

  • Neil

    Sep 9, 2008 at 11:37 AM

    Comment #26

    To Kash,

    Because we don’t have the access needed we can’t really comment on who the potential new owner would owe money to. It could be a loan from one of Ashley’s many companies etc so without knowing the structure of any loan no comments can be made. I think what we could safely assume is that if a new owner were to come in then anything of Ashley’s would be rid of.

  • GM

    Sep 9, 2008 at 11:38 AM

    Comment #27

    @ Kash – As a directors loan is just that a loan to the business any potential buyer would have to factor that into the purchase of the business unless said director agreed to waive that loan/debt – which i doubt MA will do

    The benefit to the club/owner using this type of loan is that the club is not paying massive amounts of interest to 3rd party organisations

  • geordiejayne

    Sep 9, 2008 at 11:41 AM

    Comment #28

    @Ken that was brilliant really really good.


  • Sav

    Sep 9, 2008 at 11:43 AM

    Comment #29

    Capn Darling, I believe Owen was cynically offered a contract only 48 hours before deadline day. This was leaked by the hierarchy in full knowledge of their intention to try and flog him at the last minute so they could hold their hands up and say ‘We tried to keep him …..’
    Had Owen had time to turn down the contract he would have devalued himself for transfer and also he didn’t have time to accept it before being sold. A thoroughly cynical exercise in my opinion.

  • Chris F

    Sep 9, 2008 at 11:44 AM

    Comment #30

    Capt. Darling – the only source for this contract offer has been a dubious statement released by the club over a week ago.

    Given the way the club’s been spouting rubbish in statements since Keegan left, I’m not overly convinced there was any truth behind this contract ‘offer’ at all, and it may have been a ruse to try and placate the fans, so if they had managed to sell owen they could have painted him as being greedy and not wanting to stay.

    It’s all about the spin with this lot judging by the past fortnight’s events, and it leaves a nasty taste in the mouth.

  • Angryman the Angry Fan

    Sep 9, 2008 at 11:45 AM

    Comment #31

    Capt. Darlin

    Would you sign a contract at NUFC the state the place is in.

    We only have Mike CASHLEY word that they have offered him an improved contract, Owen hasnt come out and said anything, KK never mentioned it, Just CASHLEY, and remember that we ‘Bid 16 m for Modric’ yet KK only had 12m to spend???????????Mmmmmm

    Lies lies and more lies.

    As for Barton, granted alot of people were whingeing on here about Barton, but to sell him on the last day of the transfer window without a replacement when the squad is already the smallest in the premiership = SUICIDE!!

    The incompetents in charge who have free reign over siginings obviously, havent a friggin clue about Managing a premiership football team….as Sir Bob said….Dangerous, very dangerous!!!

  • Nick

    Sep 9, 2008 at 11:45 AM

    Comment #32

    It is all so, so sad what has happened here.

    The model of growing the club organically with young players coming in, added to the already large number of experienced players at the club really did seem the way to go, after years of failed , over priced signings like Luque, Boumsong, Duff et al.

    KK was obviously not going to go along with this remit, as he has always been very hands on and has his own ideas. I don’t think the remit was particularly wrong, but if you go for someone like KK, it’s all or nothing.

    If I had been manager, I would probably have wanted to get rid of some of the players that KK wanted to keep and equally I would not have wanted to buy in some of the players that KK was allegedly linked to. But it is every manager’s perogative to select their own players. Otherwise the job description should just have read coach and all of this could have been avoided.

    I think if we can get a takeover and money is no object and if KK would come back, then happy days.

    If not and Ashley is here for the forseeable, then we need to support Poyet or whoever and hope for some more Collocini’s and Spideys.

    Nothing is worth getting relegated for.

  • Sav

    Sep 9, 2008 at 11:48 AM

    Comment #33

    The amount of any club debt simply comes off the valuation when the club is sold, to cover that debt. Its like when you buy a house needing a new roof. You factor in the cost of the new roof when you are negotiating the price. Only Ashley claimed not to have done that ’cause, hey, I’m an imulsive kinda guy, me. And he got suckered by FatFred.
    Tough. He can’t expect the next owner to make it up to him. The club is worth what it is worth, not all the money that has been wasted on it down the years.

  • ken

    Sep 9, 2008 at 11:49 AM

    Comment #34

    @geordiejayne 🙂
    was up all night making it 🙂
    im gonna try and get it on some other sites too 😉
    Facebook first 🙂


  • MickMack

    Sep 9, 2008 at 11:51 AM

    Comment #35

    Ive read on lots of sites – including this one – that most fans are more unhappy with the way the way the board have acted rather than the actual leaving of Kevin Keegan.

    Well I agree with John Beresford – at this particular point in time Kevin Keegan is the only man for the job. He understands everything Newcastle – he is the only man who can seriously take this club to where the fans want in my opinion. Anyone else even Shearer would be second best.

  • chuck

    Sep 9, 2008 at 11:54 AM

    Comment #36

    Yep! time for MA to take the money and dissapear into the obscurity he arrived from, as his tenure here was a a lesson on how not too.
    Not saying Anil (if in fact he purchases the club)
    will be any better, the only positive at the moment is he has shown interest in the club, plus he has the financial muscle.
    Seems the EPL has become the plaything of multi billionaires from around the globe.
    How that will work out remains to be seen.
    Like most fans my interest is in the stability and future success of the club.
    A new owner , a new manager in fact a clean sweep of all Ashley people and start again from square one.

  • Micky Toon

    Sep 9, 2008 at 11:58 AM

    Comment #37

    Yes get this man in and get those none geordies out of here. Let’s get in an owner who won’t run the club from London. Yes this is the bestest EVARRR!!!!

    Sorry, for that juvenile rant, but this is getting daft now. Do people think this guy will buy a house on Leazes terrace and be at the club every day?
    To those at the back the answer is no.
    A lot of people seem to hate MA et al because they aren’t from around these parts. This guy isn’t even english, so how is that argument going to fly now?
    The guy is an Indian. While I have no problem with that I know there are lots and lots of NUFC fans that would have. We still have a very racist following, as I’ve pointed out on here before, how long will he stick around when he hears fans chanting “town full of paki’s” etc.. I realise he’s not a pakistani, but you know that is not what is meant by that.

    I don’t have any problems with what I’ve written above, but there seems to be a lot of people on here who have a problem with the owner not being from here, not living in the area and apparently running the club from London. How would you fell about a non-english guy who will run the club from India? If you have no problem then you are a hypocrite.

    Please stop creaming about KK coming back too. Anyone who knows anything about football knows KK is not a good manager unless he has unlimited budget. Anyone could do that.

  • Born Again Geordie

    Sep 9, 2008 at 11:59 AM

    Comment #38

    chuck – it would be nice if that happened but we never seem to get those sort of breaks do we? lol


  • mark stafford

    Sep 9, 2008 at 11:59 AM

    Comment #39

    We must stand United in removing Ashley and the cockney, cockeyed dwarfs crew. Please dont stop until we succeed!
    The Kray twins didnt Conquer Newcastle, Ashley’s mob wont either!

  • geordiejayne

    Sep 9, 2008 at 12:00 PM

    Comment #40

    Ken, I’m busy passing it on now through email to other friends and family.

    Keep up the good workd


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