Ashley Hires Harris In Bid To Sell Tyneside Club

Mike Ashley, the Newcastle United Owner is reported to have enlisted the help of former Football League chairman Keith Harris, following his success in brokering the deal that saw Thaksin Shinawatra take over Manchester City last year.

Mike Ashley – looking for a buyer in the Middle East

Harris also masterminded the buying of West Ham United, which was fronted  by the Icelandic businessman Eggert Magnusson and was also involved in the acquisition of Aston Villa by Cleveland Browns owner Randy Lerner as well as Michael Wilde’s takeover of Southampton.

So there’s no doubt that Keith has a good track record in this business.

The Telegraph is reporting that Ashley has set up meetings with prospective buyers across the Middle East in a bid to sell the Tyneside club he bought for £134M last year, and has since pumped in another £110M, to get a handle on the massive debt he inherited.

The Sports Direct Billionaire was spotted in Dubai along with Newcastle executive director (football) Dennis Wise and vice-president Tony Jimenez, and they then moved on to Abu Dhabi.

It turns out that Everton chairman Bill Kenwright has also appointed Harris, the chairman of London-based investment bank Seymour Pearce, to flush out potential investors for the Goodison Park club.

Newcastle remain without a manager and their only public statement on that issue came from Managing Director Derek Llambias, when he said at Newcastle Airport last Saturday:

“We might have something to say during the week.”

What that means we have absolutely no idea.

Comments welcome.

49 comments so far

  • beyethegreat

    Sep 16, 2008 at 3:02 PM

    Comment #1

    good news and good to see he istrying to sell the club instead of just selling the clubfor me none of this mess would have happened with a bit of honesty

  • magsie

    Sep 16, 2008 at 3:05 PM

    Comment #2

    Where Next Timbukto? No Body Wonts Us!
    Suprise Suprise. Well i used to enjoy the saturdays out in the old second division dumps anyway if it comes to that!

  • Paul

    Sep 16, 2008 at 3:06 PM

    Comment #3

    Is Orville involved?

  • Indian toon

    Sep 16, 2008 at 3:10 PM

    Comment #4

    ASHLEY SELL FAST !! the sale of newcastle united here in india hit all the major sports fronnt page, in india too, nufc is a laughing stock, absolutely disgraceful. in order to compete against the billionaire owned clubs , we need a billionaire who has the pasion and the money to take our ambitions high, not just anyone who is here to make money on us and treat us like a business.! the dic, shangai man. ne consortium are all business minded. we need a sole billionaire who can take us to the top. the ambani’s are the people who can do just that, very ambitious, keeping my fingers crossed! toon foreva!!


    Sep 16, 2008 at 3:14 PM

    Comment #5

    According to the Telugu Newspaper in India, Ambani wants to buy us. Read for yourselves.

    ÆÊÕ-¹×-ÊoŸä ƪá¢C. ¬Ç®¾-Ê-®¾-¦µÇ-X¾A ®¾Õêª-¬ü-éª-œËfåXj Åç©Õ-’¹Õ-Ÿä¬Á¢, ÅçªÃ®¾ “X¾„ä-¬Á-åX-šËdÊ ÆN-¬Çy®¾ BªÃtÊ¢ OT-¤ò-ªá¢C. Æ客-Hx©ð ÍŒª½a ®¾¢Ÿ¿-ª½s´¢’à ÅçªÃ®¾ Æ®¾-«ÕtA ®¾¦µ¼Õuœ¿Õ «Õ¢ŸÄœË ®¾ÅŒu-¯Ã-ªÃ-§ŒÕ-º-éª-œËfÂË «ÖšÇxœä Æ«-ÂÃ-¬Á-NÕ-«y-œ¿¢åXj NX¾-Â~Ã-©Fo Nª½Õ-ÍŒÕ-¹×-X¾-œ¿-œ¿¢Åî.. ÍŒª½a «áT-§ŒÕ-¹-«á¢Ÿä …X¾®¾¦µÇ-X¾A ¹×ÅŒÖ-£¾Ç-©«Õt ‹šË¢-’ûÂ¹× åXšÇdª½Õ. «âV-„ÃºË ‹{ÕÅî BªÃtÊ¢ OT-¤ò-ªá-Ê{Õx “X¾Â¹-šË¢-Íê½Õ. NX¾-Â~é Eª½-®¾-Ê© Êœ¿Õ«Õ ®¾¦µ¼ÊÕ Eª½-«-Cµ-¹¢’à „êá-ŸÄ-„ä-¬Çª½Õ. ‚“’¹-£ÏÇ¢-*Ê “X¾A-X¾-Â~Ã©Õ ¬Ç®¾-Ê-®¾¦µ¼ “¤Ä¢’¹-º¢©ð “X¾¦µ¼Õ-ÅÃy-EÂË «uA-êª-¹¢’à EÊ-C¢-Íêá. “X¾ŸµÄÊ ŸÄyª½¢ «Ÿ¿l, ’âDµ° N“’¹£¾Ç¢ «Ÿ¿l ¦ãjª¸Ã-ªá¢* Eª½-®¾Ê ÅçL-¤Äªá.

    Good news or what?

  • ToonSg

    Sep 16, 2008 at 3:15 PM

    Comment #6

    can’t read dude,wat it talking?

  • eaststander

    Sep 16, 2008 at 3:19 PM

    Comment #7

    what we need 2 do as true fans is help the sale go through. We need 2 go 2 the games and show the world we are not what mike ashley is implying and that is animals! as are the media. So lets stop fighting among ourselves and get out and support our team.

  • Paul

    Sep 16, 2008 at 3:23 PM

    Comment #8

    Yes, that was great news Geordie69! 😉

  • Xsico golden boot

    Sep 16, 2008 at 3:24 PM

    Comment #9

    I can not read that any chance of a translation

  • Ian

    Sep 16, 2008 at 3:30 PM

    Comment #10

    Good move getting someone in who may have some diplomacy about them.

  • JMC

    Sep 16, 2008 at 3:40 PM

    Comment #11

    X-Sico? golden boot? haha ……Xisco

    and geordie69 is obviously trying to have a laugh saddo…

  • Gordon

    Sep 16, 2008 at 3:41 PM

    Comment #12

    Fix the RSS feed please Ed!!!!!!

  • Indian toon

    Sep 16, 2008 at 3:55 PM

    Comment #13

    @ geordie 69! use the google translator before posting languages other than english! duh !!

  • Obafan

    Sep 16, 2008 at 3:57 PM

    Comment #14

    I still hope that Ambani is the man who will buy us.

    I think there is a chance, why else would NUFC be mentionned a lot in India, like Indian Toon mentionned.

    And Geordie69 convinced me completely; Amba,i will be our new oner 😉 .

  • lesh

    Sep 16, 2008 at 3:57 PM

    Comment #15

    Paul, you beat me to it with the Orville question.

    Wonder if Muffin the Mule’d help?

  • beyethegreat

    Sep 16, 2008 at 3:58 PM

    Comment #16

    i cant believe people think geordie69s comments are actually indian

  • Born Again Geordie

    Sep 16, 2008 at 4:07 PM

    Comment #17

    @ Paul – orville – lol

    Well Dennis wise is a muppet !!!

  • Born Again Geordie

    Sep 16, 2008 at 4:08 PM

    Comment #18


    you can add The Sun and Mirror to that list too !

  • Rem

    Sep 16, 2008 at 4:16 PM

    Comment #19


    they will get the wage bill massive buy aging stars and then when we dont win anyhitn gor they get bored will abandon us an leave us in debt and we will become leeds.

    At least ashley would never have done that,
    i think kevin was niave if he thought he wa in control but i dont know what to believe, i think there was mistkes on both parts.

    keegan is great but over rated in terms ov fans views

  • Rem

    Sep 16, 2008 at 4:21 PM

    Comment #20


    i hate people who want them as well

  • Graham

    Sep 16, 2008 at 4:28 PM

    Comment #21

    So we’ve got the bloke found purchasers for Man City & West Ham……

    Man City’s owner is a disgraced former Thai PM who has had his assets frozen and will probably be up on charges ranging from fraud to human rights issues if he sets back in his country again.

    The first thing West Hams owners did was to ‘purchase’ two up and coming Argentinians who didn’t really belong to the person they bought them off, let alone belong to West Ham. They were then fined £5m for their troubles and probably should have had a points deduction resulting in relegation.

    Seems like this Harris bloke is perfectly qualified to find us a new owner.

  • Graham

    Sep 16, 2008 at 4:32 PM

    Comment #22

    Geordie 69 – thats not a report from the Telugu Newspaper – thats the introduction to “I used to be dyslexic but i’m KO know” by I.C Antspell

    You cant fool us geordies with that!

  • seetow

    Sep 16, 2008 at 5:02 PM

    Comment #23

    ha ha ha nice one geordie 69. good joke

  • Geordie Jayne

    Sep 16, 2008 at 5:04 PM

    Comment #24

    Graham Man City have moved on since then, to Royalty.

  • Geordie Jayne

    Sep 16, 2008 at 5:05 PM

    Comment #25

    @ Graham lol good answer

  • Geordie Jayne

    Sep 16, 2008 at 5:06 PM

    Comment #26

    Geordie69 – Do you work for Specsavers – looking for new business

  • DC Magpie

    Sep 16, 2008 at 5:20 PM

    Comment #27

    sell to Dan Snyder! owner of the Redskins

    we’d be outbidding Man City overnight!

  • graemer

    Sep 16, 2008 at 5:34 PM

    Comment #28

    If Ashley didnt want to make money from the club (weep weep) and just do it out of his love of football (weep weep) – why has he put a £400 million plus price tag on it.

    What a F***ing liberty

  • Xsico golden boot

    Sep 16, 2008 at 5:35 PM

    Comment #29

    dont know if link will work again as posted on page but here goes the greedy

  • BenjiToon

    Sep 16, 2008 at 5:36 PM

    Comment #30

    We’ll at least Ashley is doing something to sell us. BTW the West Ham Argwntine debacle was before the Iclenadics tok over – hence their argument that they shouldn’t get a fine…which they lost.

  • Graham

    Sep 16, 2008 at 5:40 PM

    Comment #31

    Benjitoon – so it was – my mistake

  • danuneek

    Sep 16, 2008 at 5:41 PM

    Comment #32

    You know what, football was my passion, its all I talked about, but its simply been ruined by everything going on at our club and football in general. FOOTBALL=SHIT!

  • BenjiToon

    Sep 16, 2008 at 5:42 PM

    Comment #33

    No probs Graham. I should stop posting from my MDA though, the train keeps jumping and messing up my spelling!

  • BenjiToon

    Sep 16, 2008 at 5:44 PM

    Comment #34

    danueek – bit extreme like lad. Chill oot!

  • lacedaemonian

    Sep 16, 2008 at 5:54 PM

    Comment #35

    Danuneek is right. Football is going the way of heavy weight boxing: too much hype and too much money.

  • KK FOREVER (Ross)

    Sep 16, 2008 at 6:00 PM

    Comment #36

    Geordie69-that is very good news like, but see if he says anything about my nana like that again, i’ll clap him when he gets to newcastle

  • neeraj

    Sep 16, 2008 at 6:03 PM

    Comment #37

    please hire who would tell u were to spend money…

    he is owner of a soccer club…..

    he buys all the board room people, but doesn’t buy any player

  • neeraj

    Sep 16, 2008 at 6:08 PM

    Comment #38


    that’s not telgu, that’s a note from dan brown’s book

  • Geordie Jayne

    Sep 16, 2008 at 6:13 PM

    Comment #39

    Ha Ha Ross –

    How business Savvy of ASHLEY to tell the world he has paid some debts off at Newcastle but not all of them, really do himself a favour LMAO

  • Toon_Ksk

    Sep 16, 2008 at 6:19 PM

    Comment #40

    “We might have something to say during the week.”

    Llambias and his words of wisdom. A smile on his face is worth even more.


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