There is news today that an American consortium wants to buy Newcastle United Football Club, but their offer is well below what owner Mike Ashley is asking.
And also news today that Joe Kinnear will be in charge of Newcastle for yet another month, and that will take Joe up to the January transfer window – so will he be in charge of the transfers?.
Joe Kinnear said today:
“The deal was to be in charge until the club was sold and nothing has changed since then to be honest,” “But I have been informed that I am here for another month and that will bring us up to the transfer window.” “So if I can twist his arm and get a few quid out of him, I can buy a couple of players.”
“Mike told me I would be here for another month on Friday. The club has not got a buyer yet, but people are talking to them. So far, nobody has come up with the cash.” “Mike said they were Americans, but the offer they made was well below his estimation of what the club was worth.”
This is not good news – that the Americans are not willing to come up with the money for the club, and we just cannot see Ashley selling the club at a loss.
So if nothing changes in the next week or two, it may be best to bolt down the hatches, and let Joe be in charge of the club until the summer, and let him strengthen the squad in January, working with Dennis Wise.
For the good of the club, and to ensure we can start building again, this has to be something Ashley has to look at.
Somebody at the club will also need to deal with the contracts and extending the uncertainty until the start of the transfer window is courting fate. What is Michael Owen supposed to do – sit on his hands?
No, this is just not good enough, and something has to come from the Newcastle Board, on what they will be doing, for the next several months, until the club is finally sold.