Financial Times Reporting Newcastle Investors From USA


FT.com, the web arm of the Financial Times, is reporting that two US-based investors are the two investors left in the race to buy Newcastle United Football Club.


And FT.com says that both investors are said to already be fully involved in sports management. They say this information comes from people close to the situation.

Seymour Pierce, who are the investment bank selling the club for owner Mike Ashley, confirmed yesterday the original field of seven potential bidders was now down to just two serious bidders.

It also appears that Mike Ashley, although officially requesting around £280M for the club, would take £250M, which would cover his investment in our famous football club.

FT.com is also reporting that Insiders say Mike Ashley may not necessarily take the highest offer available, but agree a sale to those investors who have the better financial credentials, to invest fully in the club.

We’ll believe that when we see it.

This report is coming form Roger Blitz, the FT.com Leisure Industries Correspondent, who has some credibility in this industry. And of course US investors will have been particularly favored by the strength of the US dollar in recent weeks, where the current exchange rate today is $1.62/ Pound Sterling. That’s a strengthening of nearly 20% since it was near $2/Pound Sterling only a few weeks back.

As we’ve said before, we wonder if one of the investors could possibly be Paul Allen, co-founder of Microsoft with Bill Gates, and now owner of the Portland Trail Blazers and the Seattle Seahawks in the US.

Interest from the USA in the Premier League from US sports franchise owners has seen the Glazer family buy up Manchester United; Tom Hicks and George Gillett take control of Liverpool; Randy Lerner take over Aston Villa, and finally Stan Kroenke acquire a sizable stake in Arsenal and a seat on its board.

The best owners of them all as far as we are concerned, is Randy Lerner, who also owns the Cleveland Browns, the American Football team, and sits quietly in the background, attends most games, and gives manager Martin O’Neil his full support.

It’s interesting that Martin O’Neil has done a terrific job in just a couple of seasons. The Glazer family has also done a more than decent job at the Red Devils.

The worst owners are Hicks and Gillett, who have done very poorly and shown so little respect and even understanding for the famous Liverpool Football club, with their personal selfish infighting for control of the club. They’ve shown no class whatsoever.

So if this report is true, let’s hope we’ll get owners who’ll support the club, and have the very best interests of Newcastle United at heart, while letting football people run the club.

Comments welcome.

Note: Late news this afternoon that Aston Villa star Gabriel Agbonlahor, as we expected, has decided against lodging an official complaint over alleged racial remarks by Newcastle United midfielder Joey Barton, during Monday night’s televised match at St James’ Park. A good decision by Gabby.



You can share this articleShare on FacebookShare on Google+Tweet about this on TwitterEmail this to someonePin on PinterestDigg thisShare on LinkedInShare on RedditShare on Tumblr

136 comments so far

  • Spyro

    Nov 5, 2008 at 5:04 PM

    Comment #1

    Seems like Big Willie wasn’t bull*****ing after all

    0
  • Whumpie

    Nov 5, 2008 at 5:13 PM

    Comment #2

    The yanks are coming! The yanks are coming!

    I’ve heard that it’s a consortium of former politicians led by a Mr McCain. Apparently they’ve found themselves at a loose end…

    0
  • Tom1664

    Nov 5, 2008 at 5:15 PM

    Comment #3

    I just hope to god whoever’s buying us up actually gives us some much needed cash & stability. But then where’d the fun in being a newcastle fan come from?

    0
  • ToonKing

    Nov 5, 2008 at 5:25 PM

    Comment #4

    Randy Lerner would be cool, he has money and i’m a Cleveland Cavaliers fan 🙂

    but the one i want is MARK CUBAN !!

    0
  • ToonKing

    Nov 5, 2008 at 5:26 PM

    Comment #5

    i mean Randy IS cool……

    0
  • Michigan Mark (USA)

    Nov 5, 2008 at 5:27 PM

    Comment #6

    The game is growing over here in the states. A lot of new football fans. Even if a US investors dont buy it, Newcastle should tap into this market. Who ever buys it….spend some money

    0
  • Ben K

    Nov 5, 2008 at 5:31 PM

    Comment #7

    Mark Cuban is a huge douche, you don’t want him in charge of NUFC. He does, however, provide the players with the best technology and accomidations (dvd players in every locker, heated seats on the bench) and has proven willing to spend, but only when it might take his team (Dallas Mavericks) over the top. I would not be surprised if the bid is coming from him.

    0
  • kris

    Nov 5, 2008 at 5:32 PM

    Comment #8

    If this is true they must be seriously cash rich as there is little or no money around in the US at the minute.

    0
  • UTD111

    Nov 5, 2008 at 5:32 PM

    Comment #9

    Hope they bring some of those nice cheerleader girlies with them!!
    Mind, in Newcastle’s climate they would probably want to wear 5 pairs of tights and 3 coats :o/

    0
  • Rasko a.k.a Hadji

    Nov 5, 2008 at 5:33 PM

    Comment #10

    We don’t need too much cash to buy our success,i would never ever want us to be Chelsea or Man City….i swear to god i don’t.
    I think that 15 mill in January and 30 mill in the Summer TW is more than enough for a smart manager(whoever that will be) to build a successfull team,not to mention the extra cash by selling some of the dead wood in our team.

    0
  • jettson

    Nov 5, 2008 at 5:36 PM

    Comment #11

    interesting developments then, so much for the far / middle east groups!whomever takes over has to put club first and invest accordingly, lets hope its pushed thru in time for the Jan transfer window!c’mon the lads!!

    0
  • Punk Skunk

    Nov 5, 2008 at 5:37 PM

    Comment #12

    Such cynicism Ed…
    ‘Ashley may not sell to the highest bidder, but the one who can invest properly in the club’…
    …’We’ll believe that when we see it’…

    …All the speculative stuff written here ‘may not’
    be true, y’know!?!..

    0
  • Punk Skunk

    Nov 5, 2008 at 5:42 PM

    Comment #13

    Just ‘cos a few saps have ballsed up the markets recently, doesn’t mean that there ain’t plenty of cash floatin’ around…It’s a fallacy to think everyone’s broke all of a sudden!..
    …There are plenty of cash rich mofo’s out there!..

    0
  • Ben_BKK

    Nov 5, 2008 at 5:44 PM

    Comment #14

    Also Ed, have you read that Barton could still face FA disciplinary action for racist remarks, even though Agbonlahor doesn’t want to press it further. I swear if it was anyone else, it would’ve been dropped after the game, but because it’s Barton…

    0
  • belfast toon

    Nov 5, 2008 at 5:46 PM

    Comment #15

    http://www.newsnow.co.uk/A/309489430sp?-19428

    last bit about sir bobby was touching this man is true great he should be honoured while he is still here to see itafter all he done for us

    0
  • Ben_BKK

    Nov 5, 2008 at 5:46 PM

    Comment #16

    “Reports on Wednesday morning alleged that Barton made a racist comment during a confrontation involving the pair following a first-half foul.

    However, it is understood that Agbonlahor has told Villa manager Martin O’Neill that he does not want to take the issue to FA disciplinary chiefs.

    But despite the England Under-21 star’s unwillingness to press the issue, the FA are awaiting observations from the player and Aston Villa before deciding if Barton should be charged.

    The club were contacted by the FA this morning and have a week to provide their account of events.

    Once they have done so, the FA’s Football Regulation Department will decide whether further action is required.

    It is understood there is a determination at Soho Square to deal with the issue as quickly as possible, and the FA have clarified that they do not require any formal complaint to be made in order to pursue their enquiries.

    Agbonlahor’s decision not to complain appeared to have put Barton in the clear, but he now faces an anxious wait to discover the outcome of the FA’s investigation.

    Whatever happens, it will have no bearing on the suspended six-match ban imposed on the 26-year-old for his training ground attack on former Manchester City team-mate Ousmane Dabo, which could only be invoked by another violent act either on or off the pitch.”

    It’s absolutely ridiculous…

    0
  • Big Dave

    Nov 5, 2008 at 5:53 PM

    Comment #17

    Ben_BKK i think if it was anyone else it would have been forgot before the end of the game, actually it probably wouldnt have even been seen. but Joey will have to live with it as they will all be out to get him.

    0
  • Mark-o

    Nov 5, 2008 at 5:54 PM

    Comment #18

    Hold on a min!!!

    Investment groups are only there to make a profit! Who’s to say this group(s) aren’t just gonna strip the club of its assest to manke a quick few quid?

    What we need is an investor with no other motive but to raise the standard of football etc.

    I’m dubious to say the least, this could well be Ashleys revenge.

    Anyway the next lot in should think about this managers job seriously. I personally dont want Keegan back. He’s spat the dummy out too many times, and , lets be honest, who’s heard from him since he left? Where is he to give his opinion to the fans on the situation?

    Kinnear is doing a great job but no-one will really want to come play for him, not a big enough coach.

    Dependant on who comes in to run the club will be the deciding factor in who ends up running the team.

    0
  • kris

    Nov 5, 2008 at 5:58 PM

    Comment #19

    Larry Ellison is worth £9billion and has been trying to buy into a sports team for the past year but with no joy. He’ll do. But also Paul Allen who co-founded microsoft is worth £11billion and owns a couple of sports franchises in te US. He would fit the description in this article. Either way any of these will do

    0
  • Big Dave

    Nov 5, 2008 at 6:00 PM

    Comment #20

    Mark-o I understand were your comeing from but KK cant come out and say anything they have a clause stating he cant talk about the Toon same as BSA cant talk

    0
  • james L

    Nov 5, 2008 at 6:00 PM

    Comment #21

    aslong as the owners keep kinear and give him 20+ million to spend in january with no stupid t1ts like Wise buying the players I will be over the moon

    0
  • Big Dave

    Nov 5, 2008 at 6:02 PM

    Comment #22

    actually thinking about the USA it would be a big big market to get into, but then the arab countries would be huge aswell

    0
  • belfast toon

    Nov 5, 2008 at 6:07 PM

    Comment #23

    JAMES L wise is a t**t but you cannot say he bought bad players

    0
  • Nick 69

    Nov 5, 2008 at 6:10 PM

    Comment #24

    belfast toon- xisco and nacho havent exactly proved to be great signings

    0
  • Big Dave

    Nov 5, 2008 at 6:16 PM

    Comment #25

    Nick 69 to be fair xisco hasnt really had a good start with us as soon as he arrived he was getting blamed for KK going then haveing to live throught the toon soap opera hasnt really been the best start. Nacho i dont really know about but i like Xisco and think given time he will do ok

    0
  • moir

    Nov 5, 2008 at 6:17 PM

    Comment #26

    Nick 69 but collo and spiderman have been

    0
  • CHUCK

    Nov 5, 2008 at 6:18 PM

    Comment #27

    Good news, those bidding are from US.
    Why, winning is a religion in the US.
    Three of the top 5#PL teams are US. owned.
    We have more in common, a language, a culture
    (well both to a degree)
    They understand the role good management plays in any successfull business venture.
    Its a massive market with a great potential for developement, yes so is Asia but as far as disposable income is concerned, the Us is far ahead, Asia can also be developed as their incomes rise.
    Think it would be a positive move, in light of the fact no one from the UK seems interested and the PL is becoming a billionaires club.

    0
  • belfast toon

    Nov 5, 2008 at 6:19 PM

    Comment #28

    They haven’t had a chance but guturiess and collicini are better than anything else we have i’m not fighting wise’s corner its a pitty things turned out like this did anyone read the bit about sir bob

    0
  • Nick 69

    Nov 5, 2008 at 6:24 PM

    Comment #29

    i personally dont know if xisco has the pace for the prem, or the strength, hopefully hell adapt, as far as nacho goes he hasnt played yet, and that is my point really, if you get a player on loan for a season and he doesnt play for you then its a bad signing aint it, no matter how good the player may be. xiscos been poor so far and i will not judge him until at least another dozen games but at the minute i dont think its a time to be giving him his chance as we cannt afford to have players in the team who are adapting, we need points, he cud be given 15-20 mins if we are looking comfortable in a game but we cant take the risk of playing him from the start in our current state

    0
  • Nick 69

    Nov 5, 2008 at 6:27 PM

    Comment #30

    but i 100% agree jonas is, apart from maybe zaki, the best siging in the prem so far this season, and colo, although hes had a few dodgy moments, has shown his class and i think with another solid CB hed form one of the best parternships in the prem, that along with a more solid, consistent LB we’d have a pretty decent defence

    0
  • tooooonfan

    Nov 5, 2008 at 6:31 PM

    Comment #31

    mixed feelings about the yanks
    on the one hand aston villa are ding well
    on the other liverpool although a good team have complete nonces for owners
    all in all though its probably a load of rubbish and i wont believe a word until its actually happening like

    0
  • Big Dave

    Nov 5, 2008 at 6:32 PM

    Comment #32

    Nick i agree mate the games are to important at the minute to try them but as you say maybe the last 15 mins or so in a game we are controlling. But the problem is we dont know if them players were the poison dwarfs as he was supposed to be getting the kids in and i think it was vetre that was getting the 1st teamers, but who knows

    0
  • tooooonfan

    Nov 5, 2008 at 6:37 PM

    Comment #33

    im intrigued to know what kinnear has to say on keegan
    maybe Ashleys keeping quiet to spare kev’s dignity as keegan may have left for a really stupid reason

    0
  • Gilly

    Nov 5, 2008 at 6:39 PM

    Comment #34

    @ Kris post 19

    Larry Ellison is worth $25 billion according to Forbes some 15 billion quid mate.

    He is worth more than Paul Allen obviously had a bad year…why doesn’t Warren Buffet buy us he has some spare cash like $62 billion!!

    0
  • Bill F (Original)

    Nov 5, 2008 at 6:40 PM

    Comment #35

    Yawn, oops sorry I think I may have nodded off for a moment, has something happened that I missed.

    0
  • Nick 69

    Nov 5, 2008 at 6:46 PM

    Comment #36

    big dave- thats exactly what i said a while back when someone was saying wise made good signings, as far as im concerned it veter who has all the contacts and has good contacts in spain and worked for real madrid so i think it very much was him gettin the first teamers myself

    0
  • Ppitstop

    Nov 5, 2008 at 6:53 PM

    Comment #37

    I thought all these guys had signed confidentially clauses and if so I don’t understand how this can be true as you are responsible for any information even if from 3rd parties

    0
  • MDS

    Nov 5, 2008 at 7:10 PM

    Comment #38

    Paul Allen has even a better reputation (and more money) than Lerner. He is a very astute businessman who understands that the way you make money in professional sports is to invest money to build a sustainable winner.

    His teams have thrived in smaller US markets (Seattle and Portland).

    Also, he owns the new Seattle MLS franchise that begins play next year

    0
  • A.L. 9

    Nov 5, 2008 at 7:12 PM

    Comment #39

    off topic but acording to Actim Index Steven Taylor has been the 3rd best defender and 15th best player overall in the Premiership this season lol.

    I know he gets a lot of stick on here from some that I disagree with but there have been a lot better defenders tan him this season, Colo for 1 in his own team haha.

    0
  • LBToon

    Nov 5, 2008 at 7:22 PM

    Comment #40

    There are any number of good U.S. based owners to consider. One in particular is the Rooney family, owners of the Pittsburgh Steelers. Successful club, small local market, but massive support across the U.S. They know how to build winners, how to pick coaches (manager). Unfortunately, they are not in a position at the moment to buy. As a model of the type of U.S. owner for NUFC, they are it.

    0

You must log in to post a comment.