Reports Ashley Ready To Sell Newcastle

The Sunday Mirror is reporting today that Mike Ashley wants to sell the club.

Newcastle fans protesting yesterday

But before Newcastle fans get too pleased about this we doubt if this report today has any facts behind it, because it was odds on that at least one paper today would say that Ashley would sell the club.

Newcastle fans made it very clear that they are just fed up with Mike Ashley and Dennis Wise, and the mess they have brought to the club.

And the players don’t seem any better off, as it was plain to see yesterday, they were hardly ready to play against a poor Hull City side, and were surprisingly beaten 2-1.

But we think there’s just a couple of thing Mike can do now, and that is either to sell the club, or to reappoint Kevin and agree to whatever Keegan feels he should have control over, in terms of players coming into the club. Looks like he tried that on Friday night and failed.

The Newcastle United’s owner is now a hate figure on Tyneside since the departure of manager Kevin Keegan, and the Sunday Mirror says he is looking to sell the club in an autumn sale for £260M.

That figure is about right and will give Ashley around £40M profit on the deal, which has been a disaster for Newcastle United, who are now looking to have their 4th manager in 16 months.

The proverbial senior club insider said:

“Mike is finished with the club. He has no long- term interest and wants it sold.”

The news that Ashley met Keegan on Friday night in London had fans believing a peace deal could be struck and that Kevin might return, but there was no such deal.

The sooner Mike leaves the quicker somebody can get the club back on track, because yesterday the players themselves seemed dispirited and disjointed, at best.

Comments welcome.

38 comments so far

  • neeraj

    Sep 14, 2008 at 9:23 AM

    Comment #1

    c’mon ambani

  • Edd Case

    Sep 14, 2008 at 9:27 AM

    Comment #2

    If only this was true….

    Sadly, I think Fat Mike is waaaaay to arrogant to sell and I think that the life as a Toon fan will just get worse and worse…

    Ambani isn’t the only billionaire around but he would seemingly be our only real chance of a true survival…

    Mr Ambani, come and save us…please.

  • big dunc

    Sep 14, 2008 at 9:28 AM

    Comment #3

    its actually in a few papers this morning, apprently he told keegan that on friday too

  • big dunc

    Sep 14, 2008 at 9:30 AM

    Comment #4

    sky sports news also just said it was thier understanding from sources he was looking to sell the club now

  • listie

    Sep 14, 2008 at 9:31 AM

    Comment #5

    With the club in such a state, I doubt anyone would want to buy it.

    An outsider looking at the club and seeing fan protests in and outside the ground, and fans baying for blood, so to speak, would put me right off, that combined with a team that can’t beat Hull FFS

  • Rob Kirton

    Sep 14, 2008 at 9:35 AM

    Comment #6

    Ashley is now about to really learn the meaning of “a rock and hard place”.

    As the club stands, this will be a relegation fighting season. Anybody who doubts it just didn’t witness the 1977 player strike / Richard Dinnis thing, or the 1988 sack the board campaign (which in effect took 4 years to unravel)

    He needs a new manager quickly to help stave this off and shore up his investment. Unfortunately the team will also another need another half dozen or so players they can’t get a hold of until January.

    He will find it difficult to attract any decent manager because of recent developments, especially in light of the fact that the club may also be up for sale. He clearly hasn’t put any great focus into finding a manager as did the owners of West Ham.

    Ashley’s best option now is to buckle in to Keegan AND sell the club as quickly as possible. He might be chastened but at least be rid of what can only be the mother of all headaches.

    However would even Keegan be willing to return under such circumstance?

    We live in interesting times.

  • Mick G

    Sep 14, 2008 at 9:38 AM

    Comment #7

    Listie,I think a buyer would think it’s an ideal time to buy .Newcastle still has the massive potential it had before Ashley bought ,and they will get it a lot cheaper than if Ashley had made a success of it,having said that I think newspapers make it up as they go along.

  • Scary

    Sep 14, 2008 at 9:38 AM

    Comment #8

    MA has pi*sed in his chips, and lost his taste for football – so he will sell
    Made-up Owner / manager stories havereplaced transfer speculation in the press – just more paper to wrap your chips in

  • Ganiyu

    Sep 14, 2008 at 9:39 AM

    Comment #9

    No ashley dont sell pls we love u

  • lee caan

    Sep 14, 2008 at 9:40 AM

    Comment #10

    hopefully we get some rich business men that have an interest in the club and what the fans want. re appointing king kev would be a huge mistake. we need rikjaard

  • Mac The Jaffa

    Sep 14, 2008 at 9:41 AM

    Comment #11

    Ashley has seemingly got to go, I can’t see how his position is tenable any longer having lost all trust beyond redemption with us suffering fans…
    I think Mr Ambani has been described as a ‘newcastle fan’….surely if this were true he would now act on these reports, if true, and become our saviour.
    Surely the prospect of investing now and reaping future rewards through European football and worldwide exposure, most notably the relatively untapped Eastern market, these must must MUST be an attractive proposition for someone willing to look beyond the current situation…??

  • Oleg G

    Sep 14, 2008 at 9:45 AM

    Comment #12

    Don’t believe it until I see it Happens.

    He wants some kind of profit, no one will want to pay more then needed with our situation.

    There will be talks, in the end no deal because he will get greedy.

    Also, KK will not return now with Ashley in, no way.

    The supporters should continue the fight (the ones who are fighting) (who dosnt fight for the clubs future just dont get it then).

    The Hindu guy will not come to buy us I guess, but that is based on the stories on in the over look on things.

  • Oleg G

    Sep 14, 2008 at 9:46 AM

    Comment #13

    So after these words…

    Who can buy us, IF Ashlick will sell ?!

  • Alex

    Sep 14, 2008 at 9:48 AM

    Comment #14

    The protests will have alerted buyers to the club , knowing that Ashely cannot carry on if the fans are so strongly against him . Ashely is a business man and so many empty seats will have been an eye opener for him , if it carries on for a long while sponsors will be hard to find and that will be too much lost revenue for him . The value of the club will fall & Ashely will sell ,lets just hope that he sells quick enough for the team to rescue the season .


    Sep 14, 2008 at 9:58 AM

    Comment #15

    Your a Manager looking at the Newcastle job, you realise as soon as you take it the owner may sell and the new owner may want his own man in.
    Well would you be interested, if he wants to sell then the quicker the better.It was fast at Man City but this set of jokers seem to move at a snails pace at everything-a bit like the team.

  • Lee H

    Sep 14, 2008 at 9:59 AM

    Comment #16

    Just a suggestion but can you not ban Ganiyu ?

  • daydeburt

    Sep 14, 2008 at 10:02 AM

    Comment #17

    some people keep asking the question, who whould buy yhe club in this state?

    Well considering the 2 weeks we have just had, the crap we have been put through,the talk of boycotts. We still had 50,000 turn up for the game. I dont think thtat would happen anywhere in this country, maybe even europe. so imagine if we had something to look forward to. season ticket waiting lists would be back.
    Keep the Faith!!

  • Mac The Jaffa

    Sep 14, 2008 at 10:04 AM

    Comment #18

    @sammythecat……You’re bang right mate… Even Paul Ince is wise enough to steer clear….There really is one remedy, quick sale, quick cockney cull and quick appointments……slim slim chance though eh..


    Sep 14, 2008 at 10:06 AM

    Comment #19

    Excellent piece-this current fiasco makes the Lord Westwood pantomime- small time!!.I doubt whether a top notch manager could be attracted to the club in it’s present state.Ashley’s best option is to sell and some of the Sunday’s are going with that view.Four potential investors are waiting in the wings, let’s hope its true!!.The name of NUFC has been sullied by this maverick and he really needs to cut and run.HOWAY THE LADS!!.

  • tooninamess

    Sep 14, 2008 at 10:10 AM

    Comment #20

    Keegan is stupid, come off it toon fans. he’s walked out on us twice! he isnt anything special, nor is he a king, there are better tactical and technical managers out there, but nobody can match him for his motivation. What i want to know is, why the hell is everyone on ashley’s back? he’s saved newcastle if anything, shepard was in the process of performing what i like to call a ‘leeds’. Ashley saved us from that and is trying to bring some structure to the club. If i was him i’d sell up tho because the majority of toon fans dont think past the week ahead, it’s pathetic and that is the main reason i cant be bothered with you anymore.

  • gosh

    Sep 14, 2008 at 10:24 AM

    Comment #21


    but he seems going to save everton.
    One said, prevent is better than curing.
    We need to cure and nobody wants to risk at us.
    Moreover they doubt will they BE TREATED AS HOW WE TREAT MA RIGHT NOw

  • Roby

    Sep 14, 2008 at 10:37 AM

    Comment #22

    shame…i just have 1,5 bilion pounds…not enough to transform toon

  • Guinea Mag

    Sep 14, 2008 at 10:38 AM

    Comment #23

    We need a decent manager and quickly as losing against Hull is not acceptable. We have have serious problems. KK always said the squad was too thin but we continued to sell and not buy replacements .

    Will MA sell; he needs too as he’s a hated figure on Tyneside. His ideas were not all wrong, he just needed to be honest with his manager and buy several seasoned professionals to improve the team of today.

    I’m concerned; this season could see us relegated if we don’t improve the squad!

  • Paul

    Sep 14, 2008 at 11:02 AM

    Comment #24

    I doubt that anyone from outside the region would want to have anything to do with us after that xenophobic “cockney mafia” banner was dragged around the stadium yesterday. If I was Steven Taylor (who unlike Mike Ashley was born in London), I’d of felt like walking off the pitch. It was embarrassing.

  • ian

    Sep 14, 2008 at 11:29 AM

    Comment #25

    paul how was it embarrasing? taylor for 1 classes himself as a geordie. i wish people like you would just not bother coming on here, along with all the other fans that said im boycotting shearers bar not buying anything from the club and what happened shearers bar packed as usual and buyin pints, juice and grub in the stadium yous are all full of bullcrap. the only way forward is for ashley to sell up or get rid of wise and lambias and bring king kev back or a top class manager after all he did say he wanted to be in the top 4 after a few years at this rate well be in the top 4 of the championship next year as long as that dwarf is at the club. how the hell did he get the job makes me sick

  • Mag

    Sep 14, 2008 at 11:43 AM

    Comment #26

    He’s NOT looking to sell the club.
    If he was, he would bring Keegan back, tell him he had full control over transfers etc (knowing that he couldn’t buy anyone til January anyway) thus stabilizing the club again and attracting potential buyers.
    By not giving Keegan what he wants last Friday proves that he still wants to stay as owner.

  • Paul

    Sep 14, 2008 at 11:59 AM

    Comment #27

    Mag, the last thing any potential buyer would want is Keegan in charge.

  • Toon_Ksk

    Sep 14, 2008 at 12:22 PM

    Comment #28

    If you think about this again, this seems really strange. Not so long ago, he was seated with the fans wearing a black and white shirt singing and shouting.

    Right now, it is said that he has lost interest in the club? I sense something not right. Surely, he knows there is a solution to this mess he created. The solution is not a difficult one. MA really needs someone who knows football to advise him.

  • Fans Should Own the Club

    Sep 14, 2008 at 12:25 PM

    Comment #29

    I saw somewhere that Ambani’s now interested in buying Everton, so that route may be closing.

  • BenjiToon

    Sep 14, 2008 at 12:37 PM

    Comment #30

    Paul – don’t agree. A new owner might well want KK in charge for the same reasons Ashley did. KK is the kind of figurehead every successfull club needs. Think in marketing terms – who else is associated with the heart of the club around the world, has a big personality and can sell shirts? Not sure there’s many others who fit that bill really.

  • Mag

    Sep 14, 2008 at 12:46 PM

    Comment #31

    Paul, what i’m saying is that he could have stabilized the club in an instant by doing that, not only that but Ambani said that he could not even get in contact with the club in a proper way to talk about it so he’s given up.
    So it doesn’t look like he’s going to sell up.

  • Paul

    Sep 14, 2008 at 1:05 PM

    Comment #32

    Benji, you may have a point but I’m looking at it from an owners point of view. The last thing they want is a manager who can hold the club to ransom and have all the fans demanding the heads of the owners and board a minutes notice. I’m not saying that this is intentional, or not intentional, by Keegan. It’s just the way things are.

    Mag, Keegan coming back may stabilise the club temporarily. But as I wrote above, they would just see more trouble brewing up in the future.

  • Mag

    Sep 14, 2008 at 1:14 PM

    Comment #33

    The stabilizing i’m talking about would be to attract buyers, what they did after that, such as replace the manager would be their choice.
    If he was looking to sell then there would be no point in keeping Wise anyway as the board would be dissolved so why not get rid of him now?

  • Sav

    Sep 14, 2008 at 1:29 PM

    Comment #34

    Wait a minute. If Ashley paid 135 million and then claimed ‘whoops! I didn’t know there was 100million debts to pay off.’ But he did pay them, then surely the club is still worth 135 million? He can’t claim the club was on the verge of collapse, from which he saved it, and then add that onto the value. The club is worth what someone will pay for it, and the way things are, its value is falling by the hour.

    Looks like Shepherd took fatboy to the cleaners (probably the one on Shields Road). get out now fatboy, while you still have sommat to sell – and leave the Sky TV and season ticket sales behind you when you go.

  • Paul

    Sep 14, 2008 at 1:35 PM

    Comment #35

    Mag, if Ashley brought back Keegan, then a future owner replaced Keegan, or even if he just left in less than perfect circumstances like the current situation, then the whole sorry mess would just start all over again. No potential owners would want that hanging over them. That was my point.

  • Sav

    Sep 14, 2008 at 1:37 PM

    Comment #36

    The sticking point, I reckon in Ashley reinstating Keegan is nowt more than the saving face and the fact Ashley can’t take being beaten at his own game. He is out of his depth in a business where PR skills and communication are so vital.
    Keegan was his shield and the acceptible, trusted face of the whole operation. No-one liked the idea of Wise, of having a casino boss as general manager, or having the board based in London. But we put up with it because of Kev. If he said it was ok, it must be ok.
    Now Keegan has parked his tank on Ashley’s lawn and Ashley can’t swallow being outmanouevred.

  • Mag

    Sep 14, 2008 at 5:28 PM

    Comment #37

    Sky sports news say Ashley has confirmed that he wants to sell———————-yes!!!!!!!!!!!!!

  • ende

    Sep 14, 2008 at 5:41 PM

    Comment #38

    ganiyu you sicken me


You must log in to post a comment.