We will probably see news of the Newcastle potential sale trickle out – and we would have hoped the local papers – the Journal and Evening Chronicle would give fans the most viable news on what is happening- at what is another crucial time for the club.
Alan Shearer – still wants the Newcastle job
And today Luke Edwards at the Journal does report a little new news on the current catastrophic situation, although not too much.
It seems that Alan Shearer’s desire to become Newcastle United’s permanent manager has not been weakened at all by Mike Ashley decidinf to sell the club, and in fact they point out that Alan Shearer waiting in the wings is seen as an advantage to potential buyers.
Alan has no experience in this position, but his overwhelming support from the Newcastle faithful – sick of non local people messing up the club – and players who hardly seem at care at all about the club – is a big positive.
Ashley has put Newcastle on the market for just £100M, but he may have some trouble getting that, but he has put himself in a terrible bargaining position, because he wants a quick fire sale – so potential will be only too happy to oblige with some low bids.
And given our experience of Americans – surely there are some who will snap up this club – for what is a bargain price – they come in and buy the club at a very low price, invest in the club up front, and the Magpies could be back in the Premier League next year at this time – and the club doubles in value .
I’ll have to again check the old piggy bank to see how much I’ve got. 😀
Is this guy Mike Ashley really a top businessman – or did he get lucky once? We’ve been singularly unimpressed with his business judgement, and he’s again put the club in turmoil.
The Journal believes one particular consortium is leading the pack, but they are only willing to pay Ashley £80M for the club, and of course he paid £134M two years ago this month – and what a two years that has been for Newcastle fans – awful.
Another thing going against Ashley is that it’s an open secret he is having significant trouble balancing the books with 12 top paid players – let’s rephrase that – ten players who are paid top money – certain to leave the club this summer.
And as we reported yesterday – Shearer’s attempts to become manager have been put in abeyance.
And we understand Shearer wants strict control of the sale of players and also wants a guarantee that he will have a budget of around £20M to spend on new ones regardless of how much is raised through sales.
Once bitten twice shy is the watchword here as Keegan was taken to the cleaners lats August by nor having control on which players come and go. That was just one of multiple catastrophic and stupid errors Mike has made at Newcastle, and that one cost us Keegan – and ultimately our place in the Premier League.
Alan’s wage demands – thought to be around £2.5M a year – and his assistant Iain Dowie’s have been another stumbling block. Allardyce and Keegan were thought to be on £3M a year but those two had managed for years in the top leagues.
Shearer’s wage demands have been passed onto the banks, who are doing the financial restructuring of the club in the Championship. That’s the kind if thing that gets done in Chapter 11 bankruptcy court, and GM will probably enter that today, here in the US.
That work this week by the bankers should complete by this Friday, and they will look at whether a package can be incorporated with Shearer’s other conditions of employment
Shearer, as you would expect, already knew about Ashley’s intention to sell, and as always seems relaxed about the situation and has told the Journal he is keeping his fingers crossed that an agreement will be reached with the banks.
But like any other fan, and several of the Newcastle fans’ web sites, he is also frustrated by this terribly timed delay, and concerned his proposed appointment and the work they laid out to Mike last week in long meeting, will all be for nought.
Well that sounds what the Newcastle club usually does – heaven help us if we actually make headway on anything.
We’ll put a poll up today on whether fans want Shearer at the club as full-time manager – and please ensure you vote is in for the Newcastle United Blog’s Player Of The Season asap – because we will be announcing the results in a couple of days on that one – and the more votes we get the better – thanks.
Comments always welcome – let’s have your thoughts and opinions on the above.