We really hate to start this all over again. Trying to sell the club in the summer would have been OK if we had stayed in the Premier League, but not after just being relegated.
Mike Ashley – selling immediately after relegation is perilous to the club
We have to say, once again, that we are very concerned about the vacuum of leadership at the club right now, and news today from Sky Sports that Newcastle may have an owner within a month, is hardly helpful.
That’s when the players will report for pre-season training, so we have to hope a lot of work will go on before then – and we assume that Ashley will soon appoint Shearer as manager – but this strikes us as another bout of complete incopmpetance from Ashley.
He cannot allow this club to drift for 4 weeks in the summer – like we drifted for 4 months from last September, so can somebody at the club please tell us what’s going on?
The club is in critical danger right now – and work needs to get done – so who is doing it? That’s our simple question – can someone provide a simple answer?
Selling the club this summer, if we were in the Premier League would have been OK, as we mentioned above, because we would have had stability, but now we have just been relegated and don’t even have a manager – and have to sell about 12 players and bring new ones in this summer, isn’t this putting Newcastle into a huge deep hole?
Sky Sports is reporting that at least two parties have already expressed their interest in the club, and chief Sky Sports News’ chief reporter Bryan Swanson understands no bids have yet been received, since Mike Ashley put the club up for sale around 9:00 pm last night – Newcastle time.
Ashley is said to want around £100M for a quick sale, and willing to lose £150M on his investment to get out of owning the Tyneside club – and quickly.
Swanson is reporting there is every indication a deal will be concluded quickly after a high level of interest. There should be a lot of interest because this is a terrific deal for somebody.
It’s understood the two parties who have expressed an interest did not approach the club when it was initially put up for sale in September last year.
Well that’s interesting – so that means we can cut out all talk of the supposed bidders from South Africa, Nigeria, US, Far East and the moon – since these presumably are completely new bidders.
Leading London investment bank Seymour Pierce, who have supposedly been commissioned to sell the club, have yet to comment on the latest takeover talks, and only a couple of days ago Keith Harris denied the reason he was in Newcastle, only last week, was anything to do with selling the club – oh really.
We have to hope there is a very quick sale, but doesn’t all this seem like deja vu – all over again. 🙁