Mike Ashley should have left the building by the end of October, and since that’s a short 4 weeks away, that’s good news for Newcastle United’s faithful fans.
Mike Ashley – will be able to sell before end of October
It seems that there are some serious bids in the offing for Newcastle, with the Sunday Mirror reporting today that up to 20 interested parties have declared an interest, with 7 of them being seen as serious bids by Ashley.
It also seems that all of the key potential buyers are based outside of the UK, but exactly who the front runners are is really not known right now, and claims the Nigerian Consortium are close to nailing a deal have been denied by sources close to Newcastle.
Ashley has made the excellent appointment of Keith Harris to sell the club. Keith is the chairman of the Seymour Pierce investment bank, and he will negotiate a deal on Ashley’s behalf with the asking price being around £350M, which would be a good deal for Ashley. However, there also seem to be buyers with that amount of money available.
Harris of course has a wealth of experience in major football buyouts and we expect there are enough real buyers in for Newcastle that a deal will be made very shortly. That’s good news for our club, that’s for sure.
We also have a new interim manager in place in Joe Kinnear and he has a great opportunity to show what he can do, by reviving the fortunes of the club on the filed, and that’s his sole mission until Ashley leaves. Joe certainly seems to be readuy for the chllange and seems to be relishing the enormous challenge that it undoubtedly is.
If he can stabilize the club in the next few games, he will be warmly thanked by the Newcastle faithful.
So we believe now is the time to fully back the club and the players again, after the terrible last few weeks, now that Ashley has agreed to leave and it does seem like he’s working very hard to do just that. The last thing we want this season is another relegation fight, after all the terrible goings on since Kevin resigned.
The club now has few debts and the freehold of all its major properties such as St James’ Park, so to be fair to Mike, he’s left the club, at least financially, in a much better state than it was when he took over.
We have to take the current developments as good news for the club, and it seems that Ashley is keeping his word to get out of Toon quickly.
Now Joe has to transform our performances on the field, and by January we may even be in decent shape – and that would be very good, given the awful events of the last 4 weeks.
And what to do about those who are criticizing our club and making fun of the Toon supporters too?
We cannot do much about that, because it’s been ridiculous what’s happened these last 4 weeks, and you couldn’t make this stuff up.
All we can do is keep supporting the lads on and off the field, and we’ll again justify that we are indeed the best supporters in the land – as we always have been.
If only we had a team as good as the Newcastle supporters – that would be something.
Just imagine what the City of Newcastle would be like if we ever were European Champions – some city – some team.