There is mounting evidence that if Mike Ashley cannot manage to sell the Newcastle club within a couple of weeks, he may be forced to retain ownership of the club, and then what?
Mike Ashley – may not be able to sell club?
As we have reported there are two US bidders still left, and we understand one is doing due diligence on the club’s books, but we have no idea how much they want to pay for the club, and rumors have it they are only willing to pay around £225M, and not the £245M, that will recuperate the money Ashley has pumped into the club.
But if for some reason both Americans pull out of the deal, or don’t want to pay the asking price, Ashley will be forced into Plan B, and will need to listen to interim manager Joe Kinnear’s plan to rebuild the squad.
Apparently Kinnear has already told Dennis Wise he wants another central defender, a full-back and a powerful midfielder, but it debatable how we will get those players in, and whether we will need to sell first.
We are worried that the Newcastle Board Members are now starting to show up at Newcastle, with Dennis Wise and chief scout Jeff Vetere, making surprise visits to St James’ Park last week, and Derek Llambias appearing in the Director’s box yesterday.
Even if the sale is delayed until January, it seems certain that Newcastle may still need to bring some players into the squad. At the very least it is because we need to keep our Premier league status, and with just a single point from our last two games against Fulham and Wigan, that is again becoming doubtful.
Before these last 2 games we were confident Joe Kinnear could continue to right the ship, but these last two performances have hardly lifted the Newcastle faithful. But the last thing we want this season is to be in yet another fight with relegation.
The outcome Newcastle fans hope for is that one of the US bidders buys the club, before January, and appoints a permanent manager.
Then the new manager can meet with Dennis Wise and possibly Joe Kinnear, to pinpoint exactly who they want to bring in to strengthen the squad. But even that is not a terrific scenario, because the new manager will know nothing about the squad he has inherited.
Oh well, we are still hoping for the best to come out of this mess – and we thought things were always in turmoil under Freddy Shepherd. 🙁