Newcastle Officially Up For Sale For £100M

The Newcastle United club has officially been put up for for sale for £100M today.


The following statement was put up on the Newcastle United Web site this morning:

The Board of Newcastle United can today confirm that the Club is for sale at the price of £100m.

Interested parties should contact Newcastle United at (or Keith Harris at Seymour Pierce) for further details.

The Club will not be making any further comment at the present time.

It still amazes us that Mike Ashley wants to sell the club at this time, for a massive loss of £150M. It’s like buying a stock at a high, waiting until it gets to an all-time low, and then selling to maximize your losses. You are supposed to do it the other way around!

As we have said a few times, we just don’t understand this man Ashley, and it’s a mystery to us how he made any money in the first place, with some of the business judgement he’s shown at Newcastle.

And we probably don’t even want to understand him right now, as long as he sells the club quickly and gets out of Toon.

That’s a great price for our club, and we trust it will be in new hands by the end of the month, but exactly how the club is to prepare for the new season in the Championship before then, remains a complete mystery to us.

Anybody got any ideas what can be done?

Comments welcome.

37 comments so far

  • Toon Graeme

    Jun 8, 2009 at 9:50 AM

    Comment #1

    Are the club backwards or something.

    Why after 8 days put something on the official website?

    Sick of ashley
    Sick of Llambias
    Sick of this whole mess – which it is!

  • Mac

    Jun 8, 2009 at 9:54 AM

    Comment #2

    West Ham have been sold already hhhmmmm that must have taken all of 15 minutes

  • Toon Graeme

    Jun 8, 2009 at 9:58 AM

    Comment #3

    Mac – seriously the hammers been sold!???

  • Mac

    Jun 8, 2009 at 9:59 AM

    Comment #4

    Yeah mate go on sky sports web site

  • Toon Graeme

    Jun 8, 2009 at 10:00 AM

    Comment #5

    Mac – just found out about it.

    That came out the blue – not a whisper or sniff of that anywhere until now.

    Come on Keith – earn your wages and get rid of the stupid fat d*ck for us!

    Aye – toon graeme aint holding back today.

  • dougnufc

    Jun 8, 2009 at 10:01 AM

    Comment #6


    I didn’t know they were for sale until this morning and then boom, they are sold…

  • RyanToon

    Jun 8, 2009 at 10:02 AM

    Comment #7

    just basically a f cking disgrace that statement!

    contact an email address??? what is this idiot thinking???

    had ENOUGH of ashley now!!!!!!!!!!!!!!!!!!

  • Mikey25

    Jun 8, 2009 at 10:06 AM

    Comment #8

    I don’t get it….is it a sign something is happening or has he finally got his ass into gear with regards to taking offers etc? I just don’t get the statement at all! West Ham, Portsmouth and even our initial turnover to MA took all of a few days, why the hell does it take us so long? Man even FFS coming back is looking a better proposition than this numpty! God I feel like punching myself for sayin that but its true!

  • BenjiToon

    Jun 8, 2009 at 10:08 AM

    Comment #9

    Bloody West Ham!

  • bri h

    Jun 8, 2009 at 10:10 AM

    Comment #10

    this bloke is a clown ,we already know the club is for sale,we already know the price is 100m.what we dont know is who is the manager who are our coaching staff ,what players are staying whos going.which players are we trying to bring in and what are our pre season fixtures.this whole situation is so bad that i find myself laughing.just sort it out asap or this laughter could all turn to tears

  • batty

    Jun 8, 2009 at 10:10 AM

    Comment #11

    i think its gonna get worse before it gets better

  • BenjiToon

    Jun 8, 2009 at 10:11 AM

    Comment #12

    Mikey – don’t punch yourself. Punch the wall. Much more satisfying and will give you an alternative pain to focus on…

  • Stuart79

    Jun 8, 2009 at 10:18 AM

    Comment #13

    He’s released this statement so people interested know he won’t accept anything less that £100m!

    These guys know how desperate he is and they will be playing hard ball!

    The longer it goes unsold the more desperate Ashley will become and then they all pounce!

  • hitman

    Jun 8, 2009 at 10:18 AM

    Comment #14

    there is no logic in putting out this statement, it makes ashley look third rate(but we all knew that).its MADNESS

  • Toon Graeme

    Jun 8, 2009 at 10:20 AM

    Comment #15

    Ryantoon- someone suggested earlier that he might as well put we on Ebay too!

    I for one was bowled over with that piece of literature – not!

  • Mags

    Jun 8, 2009 at 10:23 AM

    Comment #16

    What are his motives for releasing this information NOW? Am I being stupid in missing something? I do not trust this guy one iota.

  • Toon_Ksk (Huh? u mean David Craig is real?)

    Jun 8, 2009 at 10:23 AM

    Comment #17

    I hope Ramon Vega won’t be making a bid.

  • cicero

    Jun 8, 2009 at 10:25 AM

    Comment #18

    Ashley is strapped for cash and wants to buy back shares in Sportsdirect while there at a low and hope to make a bigger profit on them.

  • Johno Toon

    Jun 8, 2009 at 10:26 AM

    Comment #19

    The sooner this mess is over the better ,

    But have a feeling all these reports over the weekend of Shearer not taken over is just lazy journilism at best , and becasue there is nothing to report they put 2 and 2 togther and come up with 5,

  • Dj Toon

    Jun 8, 2009 at 10:26 AM

    Comment #20

    Why don’t we, the loyal fans, buy the club! If 1.5m people put in £100 each it would be enough but alot of people would be willing to put in more for a sponsorship deal. If we did sponsor a seat and got 50,000 sponsors putting in £5000 for 5 years of having thier logo on a seat that would produce £250 million. I think the fans need to ACT NOW!!

  • BenjiToon

    Jun 8, 2009 at 10:27 AM

    Comment #21

    Thanks Graeme! Was meant to be humour, just to lighten the mood.

  • Toon Graeme

    Jun 8, 2009 at 10:28 AM

    Comment #22

    This is what I think will happen:

    Shearer is aware he is manager and has gone away for a few days as he is not going to be able to from now on.

    He will be announced this week

    The sale will continue with shearer and dowie in charge of sorting the players and new season training

    Ashley never places foot in Newcastle ever again and is sold.

    Monday morning coffee break dont do optimism – but if it does it will probably be the best in the world!!

  • Toon Graeme

    Jun 8, 2009 at 10:30 AM

    Comment #23

    Benjitoon – good idea mate – however paypal fees might be a tad high! 🙂

  • ObaFan2

    Jun 8, 2009 at 10:32 AM

    Comment #24

    Funny how some people here (and probably elsewhere) have been asking for an official statement on the NUFC website and then we get one.

    Is there a spy here? lol

    Ashley has been amateurish from the moment he wanted to buy the club, from no due diligence to poor appointments and poor squad sales/purchases etc.

    The sooner he goes the better.

  • Toon Graeme

    Jun 8, 2009 at 10:35 AM

    Comment #25

    Obafan – he wont be missed, thats for sure.

    Its the mess he leaves in his wake that concerns the most!

  • lesh

    Jun 8, 2009 at 10:40 AM

    Comment #26

    Just goes to show that if WHU can be sold without the whole world and its mother knowing about it being up for sale, then why oh why does Ashley have to make such an exhibition of NUFC’s availability?

    Is this another example of the man’s stupidity?!

  • Whumpie

    Jun 8, 2009 at 10:44 AM

    Comment #27

    Good grief, how amateur can this lot get??

    Can you imagine the contents of that email account right now?

    What sort of utter muppet puts an email address on a statement like that? It’s like it’s being done by school children!

    Two weeks gone, and the only information they give is what we’ve known from the beginning.

    How about something explaining what is going on and what is having to wait? All we’ve had is the news on Friday about 1st Artist being engaged to sell players for us.

    I cannot think of any reason why they can’t explain where we are with the manager’s post, at least. If they want to hold off because potential buyers want to make their own decision, fine – just TELL US!

    Still – hopefully the communication is the worst aspect and there’s better stuff going on behind the scenes.


  • sahota

    Jun 8, 2009 at 10:55 AM

    Comment #28

    As I said on one of other threads. Putting email ID in such a statement shows what Mike and co is all about. Nobody declares even a SHOE for sale by giving there ID in public. This looks like website administrator has been allocated job of selling Newcastle. Now I have serious doubt how mike made so much money. I think he will go down one day.

  • ToonRich

    Jun 8, 2009 at 11:30 AM

    Comment #29

    Wooo’hoooo, calm down guys!! Why are you all up in arms re: WHU… They have really been sold, if you knew the ins and outs of their ownership you’d know this!! My boss is a lifetime WHU fan and he’s just explained to me what happening there – The current parent company (WHU owners) have been bought out by their parent company, thus meaning they are taking over WHU. They will however be selling them after 2yrs it has been said. & they wont be making cuts, and will invest in the squad.
    Hope that might clear things up, so dont be too upset that they have a new owner, sounds like they are in a mess too!!

  • Sav

    Jun 8, 2009 at 12:19 PM

    Comment #30

    At the very best, this marvellous move could be intended to flush out intending purchasers who think they might be the only interested parties and reckon the longer they wait, the cheaper the price will fall. (We’ll gloss over the fact every man and his dog knows the club is for sale already for less than 100mil).

    Lets hope it works before Shearer gets completely peed off and there’s no time left to rescue next sesason.

    Speaking of every man and his dog, I’ve just had to drop my oul’ 13 year German Shep down to the vet’s for the last time this morning and could do with any kind of news to cheer me up.

  • Mags

    Jun 8, 2009 at 12:28 PM

    Comment #31

    Oh Sav, that is so sad, I feel for you.

  • Sav

    Jun 8, 2009 at 1:00 PM

    Comment #32

    Cheers, Mags.

  • newcastle29

    Jun 8, 2009 at 1:02 PM

    Comment #33

    ED!!!! i have sent you an e-mail, and could do with a reply before i can post a comment. cheers jason


    Jun 8, 2009 at 2:15 PM

    Comment #34

    Where’s Ian?He seemed to have all the answers last week 🙁

  • newcastle29

    Jun 8, 2009 at 2:42 PM

    Comment #35

    right Ed.

    i heard a RUMOUR! that during a phone call to barclays bank about his business, a certain executive box holder was talking to someone high up in barclays in newcastle, when barclays had to cut the call short. it is RUMOURED he said” i have to go he’s trying to put the club into administration!”

    so it would seem that those lengthy talks with bank last week were about all the options he has, and one of them would be to put the club into administration, that way he would stop incuring the day to day running costs of the club!

    so lets hope that we get a buyer quick! or we could see the club in administration and a ten point dedution for a start to the new season.

    anyway it would seem that ashley has spent the last couple of weeks exploring every eventuality and one of them COULD BE to go into administration if no new owner is found.

    these next couple of days are going to be very important! fingers crossed.

  • ToonRich

    Jun 8, 2009 at 6:39 PM

    Comment #36

    Does anyone know how I could contact Sav??

    I’m in the same situation as him – I had my German Shepherd taken to the vet on thursday :'( last time I saw him…

  • Tom_Toon

    Jun 8, 2009 at 9:40 PM

    Comment #37

    West Ham have been in talks over selling for months.


You must log in to post a comment.