Harris Rejects £450M Price For Newcastle

Keith Harris has been interviewed this morning by Setanta Sports and has some revealing and good news for Newcastle fans.

Keith Harris – never a £450M asking price

Keith Harris spoke to Setenta Sports and said:

“It’s been a month of extraordinary turbulence in all the world’s financial markets but we’ve been progressing with this, we’ve been sieving and sifting,”  We’ve been talking to a shortlist of interested parties. There are seven parties with whom we are still having talks.”

“There isn’t an official deadline but we all know what importance people have in respect to the transfer windows.” We would expect any new buyer to be in place with his manager to have the opportunity to assess the team as to what needs to be done in January.”

“Newcastle is a terrific football brand and Mike wants to make it clear that although he wants a maximum price, he want to make sure it goes into hands of people who can nurture it for the future.”  “Somebody would want four to five, maybe six weeks to do that, which takes us broadly to the middle of November.”

And Keith has admitted that some of the stories making the rounds in the press are not true, including the price of £450M which was widely ciruclated as Mike’s first asking price for the club.

Keith continued:

“When newspapers get hold of stories and can’t get the figure they want they just invent one.”

“Nobody I know knows where the £450M figure ever came from. So it’s not been a question of dropping the price from that level. It’s been a question of making sure people have the absolute facts.

“Like, for example, there is no debt in this football club. Mike Ashley paid off the debt. No reduction in price has been talked about to anybody.”

This has to be taken as good news, because it’s coming right from the man in charge of the deal, and it would appear the financial crisis is not having too much of an impact on the deal, and that’s great news.

We’ll not get carried away, but it looks like we may have a good buyer and manager in before the January transfer window opens.

Now to beat Manchester City next Monday.

Comments welcome.

50 comments so far

  • selly no skill

    Oct 14, 2008 at 11:35 AM

    Comment #1

    hope they dont give all the money to keegan who would buy a load of past it household names on big contracts.like beckham and henry.

  • wigaz

    Oct 14, 2008 at 11:36 AM

    Comment #2

    Well at last some good news! i really hope we get in new owners who can back the manager with plenty cash to strengthen, and i want that manager to be david moyes! unless he’s signed a new deal then i’d take hiddink. As much as i love KK i think it’s dangerous putting our club in the hands of a man who could spit his dummy out & walk any minute. My shortlist of Gaffers would be:

    I want moyes because i think he’s the next fergie, he’s a great man manger & has an eye for a player. Come on let things pan out before it’s too late!!!

  • ToonKing

    Oct 14, 2008 at 11:41 AM

    Comment #3

    i want Fatih Terim as manager.

  • Geordie Jayne

    Oct 14, 2008 at 11:44 AM

    Comment #4

    what a load of rubbish Keegan buying Beckham and henry. Get a grip

  • sweendog

    Oct 14, 2008 at 11:49 AM

    Comment #5

    Total Newspaper cr*p all this about Keegan wanting Henry etc .. he mentioned Henry as a premiership great in a radio interview and that was the end of it .. then the papers put a spin that he tried to buy him …
    Name me any player Keegan has bought for Newcastle who has not been quality..

  • Chris F

    Oct 14, 2008 at 11:49 AM

    Comment #6

    hiddink or riijkard for me, i’m not a huge fan of van gaal if i’m honest.

    if they were determined to go british, i’d go for moyes too, but he wouldnt be my automatic first choice.

    i suppose there’s no chance of tempting mr wenger from arsenal anyway 😉

  • sweendog

    Oct 14, 2008 at 11:52 AM

    Comment #7

    Scarey how little good managers are out there .. Keegan is the best premiership manager by far out there but time will tell if he’ll come back ..

  • Paul

    Oct 14, 2008 at 11:56 AM

    Comment #8

    “Keegan is the best premiership manager by far out there”

    Are you really serious about that sweendog?

  • sweendog

    Oct 14, 2008 at 11:57 AM

    Comment #9

    Chris F .. riijkard .. not to sure .. he’s too egotistical for my liking .. had a good team at barca but would struggle with our team I reckon ..
    hiddink would be good now .. unfortunately no chance .. puten would send out his hitmen if he didn’t honour his contract 🙂

  • Toony

    Oct 14, 2008 at 11:58 AM

    Comment #10

    I’d stick with JFK for the time being, at least until he screws up and a decent replacement manager could be found. let’s not panic into a new manager for the sake of it.

  • sweendog

    Oct 14, 2008 at 11:59 AM

    Comment #11

    Paul .. besides the 2 usual suspects ..
    Mr Wenger (truely great manager)
    Ferguson (hateful but again excellent)
    maybe Scolari
    .. then there is nobody from the premiership ..

  • simon376

    Oct 14, 2008 at 11:59 AM

    Comment #12

    I dont think for one second that Keegan was going to buy Henry, as sweendog said, its all media spin and that is normally rubbish.

    Mind you, I might be in the minority here, but I would love a proven premiship player like Henry to come and help us rise up the table and get stable again. By doing that, we generate more cash (makes up for the outlay on Henry that sompe people think isnt worth it), attract better players and everything would be looking more positive again.

  • Kash

    Oct 14, 2008 at 12:02 PM

    Comment #13

    Hiddink is the best manager for the job. Can make a Pub team look professional!!!

    However, there’s no way he’s gonna drop his massive Russian contract!!!!

    Other foreign managers aren’t even worth mentioning as most aern’t worth it.

    I’d look within EPL, and Steve Bruce and David Moyes are the most credible candidates.

    I like Steve Bruce, shoe string budget and good eye for a quality player.

    David Moyes is an excellent overall manager, whether he would jump ship when Everton are likely to be bought out, not sure!!!

  • sweendog

    Oct 14, 2008 at 12:06 PM

    Comment #14

    Moyes would be similar IMO to Daglish/Souness/Allardyce .. not the type of football I want to see ..

  • Ericles

    Oct 14, 2008 at 12:13 PM

    Comment #15

    Here we go again – more fantasy football dreams.

  • bettyswollocks

    Oct 14, 2008 at 12:13 PM

    Comment #16

    “there is no debt in this football club”. yet more contradiction. shy mike was only saying last month that we still owed twenty odd million on transfer fees.

  • irish_al

    Oct 14, 2008 at 12:15 PM

    Comment #17

    just thought i’d raise this point as on previous posts (on similar articles) there were quite a few comments saying that Ashley always intended to sell the club, i would like to say i disagree with this, there were reports (whether they are true or not) that he rejected offers or overpriced the club prior to the beginning of the season, this does not mean he was always planing to sell the club as some have suggested, it means they was interest in buying the club, if anything it means he was not looking to make a quick profit at our expense rather than justify such a view

    the fact that he is arranging the sale of the club in the same manner as Bill Kenright at Everton (via Keith Harris) should be to his credit, i believe this means he is not just looking to the highest bidder, that the good of the club is a consideration within the sale

    I am not looking to advocate that every decision Ashley has made has been the best, just trying to maintain a balanced view

  • Cyprus-Toon

    Oct 14, 2008 at 12:19 PM

    Comment #18

    Either KK or Houlie would do for me tommy!!!

  • xisco biscuits

    Oct 14, 2008 at 12:21 PM

    Comment #19

    just to go through some of the names mentioned

    MOYES – has done well with everton, but is it a case of he’s done all he can? how well would he spend money? can he attract players? also, his european record is shocking, so can he cut it among the best teams/managers if we get back to where we want to be i.e europe ?

    BRUCE – signed some gems on the cheap with wigan and got them playing good football. however, he’s a turncoat geordie and has turned down his supposed boyhood club before

    TERIM – turkey were great in the euro’s and he wants the job. but was poor at milan and did ok with fiorentina. not great club record outside of turkey

    HIDDINK – one of the world’s greatest coaches no doubt about that. maybe more suite to international management though? also has never walked out on a contract and said he wont be considering leaving russia til after WC 2010

    VAN GAAL – exceptional record at club level, and been in charge of someof the greatest ever academies in barca and ajax. great coach, sound tactician and he seems to have the mourinho-style arrogance we maybe need. alkmaar seem to have been a flash in the pan and surely he could be tempted out of the dutch league back into the big time. my personal choice for the job

    all the above is just my opinion, so feel free to agree or disagree…

  • Paul

    Oct 14, 2008 at 12:23 PM

    Comment #20

    “A lie gets halfway around the world before the truth has a chance to get its pants on.” – Winston Churchill.

  • Macas

    Oct 14, 2008 at 12:24 PM

    Comment #21

    selly no skill – Keegan has never bought players who are past it, remember a certain Mr Andrew Cole as an example?

  • graeme

    Oct 14, 2008 at 12:28 PM

    Comment #22

    The club is no different to other “assets” – its worth exactly what someone is willing to pay for it.

    Its nice to see the names of some decent managers being discussed, without KK being touted as the only man possible to bring success to the toon.

  • mark stafford

    Oct 14, 2008 at 12:48 PM

    Comment #23

    Keegan spat his dummy or the reason all the fans have – Keegan is like a fan to the club and it could not be in better hands!

    Bringing back Special K would brighten football up on and off the pitch!

  • Tobias Petterson

    Oct 14, 2008 at 12:51 PM

    Comment #24

    We should have Ottmar Hitzfelt! Best manager in the business:
    Tobias, Sweden

  • Paul

    Oct 14, 2008 at 1:12 PM

    Comment #25

    Not all the fans Mark. Some of us have some sense, and think that the welfare of Newcastle United is more important than the welfare of Kevin Keegan.

  • lesh

    Oct 14, 2008 at 1:22 PM

    Comment #26

    C’mon guys, it’s history and we’ve all got to learn from it.

    Living in the present, have a look at the link and you’ll see a more down to earth approach.


  • wilo

    Oct 14, 2008 at 1:36 PM

    Comment #27

    iam sick of some of the toon fans on here slagging keegan off keegan is a legend and always way be up here so yous can slagg him of as much as yous want but there is no other manager that as done better then him up here top 6 every season but yous will be shocked when the new owner comes in because king kev will be back and for good this time.
    bring back the good times

  • cause I got the girth

    Oct 14, 2008 at 1:56 PM

    Comment #28

    YEAH Wilo, im with you, lets bring back the good old times, why stop with Keegan, bring back coal mines, chimney sweeps and maybe a depression or two! Since we are doing that, why not go full hog and re-live the Black Death pandemic of 1349! ffs, it is 2008 isn’t it?!?!?! Time does actually move on doesn’t it?!?!? For a city spending so much on modernisation and regeneration, the scared regressivist attitude of people living here really scares me sometimes!

  • samthecat

    Oct 14, 2008 at 1:57 PM

    Comment #29

    I would choose Keegan-Hiddink has said he is ony interested in International Management now.
    Moyes is a long ball merchant and Van Gaal is so arrogant he was hated at Barcelona. Terim believes in attacking football-he would be 2nd choice-he was also Bobby Robsons choice.
    Shearer would be 3rd choice.

  • Tom_Toon

    Oct 14, 2008 at 1:57 PM

    Comment #30

    Temuri for manager!

  • Tom_Toon

    Oct 14, 2008 at 1:58 PM

    Comment #31

    Or maybe Terim.

    I’d HATE: Rijkaard, Moyes.

    No chance in getting Hiddink.

  • Cooper

    Oct 14, 2008 at 2:04 PM

    Comment #32

    why would you hate Rijkaard?

    has a hell of a record including champ leaugue and spanish league wins

  • Tom_Toon

    Oct 14, 2008 at 2:08 PM

    Comment #33

    Emotional wreck.

  • Cooper

    Oct 14, 2008 at 2:25 PM

    Comment #34

    and keegans not?

  • Tom_Toon

    Oct 14, 2008 at 2:30 PM

    Comment #35

    I’d hate Keegan back.

  • xisco biscuits

    Oct 14, 2008 at 2:43 PM

    Comment #36

    a few more names for us to blunder through…

    fernandez (villarreal) – done a great job there and created a slick attacking side. although ramos did that at sevilla too 🙂

    zico – did great with fenerbahce and played good football

    ketsbaia – tom_toon’s fav!! doing a great job with his cypriot side but a step up to the prem is a really huge difference despite their fearless start in the champions league

    hitzfeld – getting on a bit but maybe worth one last shot for him. could bring in some great staff and great players. think he’s still the only man to win the champs league with two teams…

    houllier – very under-rated at liverpool and won plenty of silverware. has done well with lyon

    shearer – would be given time but maybe too much power a-la keegan? if we werent performing and shearer was sacked i’d fear for this farce repeating itself. doubt he’d take it anyway

    who would care about van gaal’s attitude or arrogance if we were doing the business??

  • Tom_Toon

    Oct 14, 2008 at 2:46 PM

    Comment #37


    You mean Pelegrino, i’d love him but doubt he’d come and Hitzfeld has only just taken the Swiss job.

  • Tom_Toon

    Oct 14, 2008 at 2:47 PM

    Comment #38

    Zico also has just taken a new job.

  • Whumpie

    Oct 14, 2008 at 2:48 PM

    Comment #39

    Ok, here’s a thought: a comment on the article!

    Ed: Wake up, man – he’s a lawyer, and therefore about as likely to tell the truth as the Sunday Sport. We’ll not know what’s going on until after it’s happened. Not good for bloggers, but the sad truth.

    Still, I do think we have to acknowledge that Ashley may yet prove to be the man that allowed NUFC to get into the right hands by briefly picking it up, brushing the mud off and passing it on to someone who does know what to do with a football club rather than just a company.

    I suspect we won’t look back on him with undiluted hatred, if only for that.

  • xisco biscuits

    Oct 14, 2008 at 2:55 PM

    Comment #40

    aye, pellegrini was who i was thinking of. fernandez is their class midfielder. i love watching villarreal and would love to see us play like that, but as i say i loved sevilla under ramos but it hasnt worked out that way with spurs

    didnt know hitzfeld took swiss job. damn!! would’ve taken him tomorrow!!


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