American Consortium Close To Buying Newcastle United?


We are now into our fourth week since relegation and nothing much has changed – other than we have a new temporary banner for our site, until we know who is to run the club.

alan-shearer-001

Alan Shearer – will Americans want him as manager?

We’ve had one or two notes from readers asking a couple of things – that we get a certain Mr. Ashley off the banner, and that we list some of the great managers and players from the past, so that will give the fans just a little reminder of our great history, when things right now are more than a little difficult for the club.

With the help of my daughter’s MS Publisher I was able to get something done yesterday, and it only took me most of the day (slow coach), but I can now do banners, so watch out in the next week or so – one or two of the players may change in that banner!

Just in case readers don’t know all the players and managers across the banner they are Alan Shearer, Bobby Robson, Kevin Keegan, Peter Beardsley, Bobby Moncur, Jackie Milburn, Joe Harvey and Hughie Gallagher.

Wow, feel better already. 😀

We are amazingly into our fourth week of the close season, and we still have no manager, no owner, not one player sold, not one player bought, no plans for the pre-season when the players return two weeks this Wednesday.

Apart from that everything is going according to plan at the Tyneside club ( I couldn’t resist that one – the plans of mice and men).

There does appear to be some pending good news, and there appears to be some confidence that the proposed sale entered a new phase and some anticipation of an agreement, even this week.

We have to hope this is true, that an American consortium is about to bid for the Newcastle club, and could even be favorite to take the club off the owner Mike Ashley.

There have been several parties linked with a bid for the famous Tyneside club, and we had expected an American interest from the beginning. It is being reported today that Newcastle have prepared their accounts for due diligence and that the process could be quicker than usual.

But we have to caution that this may be a made up story in the press, and since nothing much else is happening almost every media source is reporting something on this – but as we know from past history that doent’ always mean it’s the truth.

One funny thing that did happen last week was that Managing Director, Derek Llambias, who was absent from Newcastle last week (what’s new?), has suffered the embarrassment of having his company BMW repossessed by a local hire firm.

There is some news that this new bid could go through very quickly as Ashley may be starting to realize he will come under increasing criticism from the Newcastle fans, as he has the club in hand cuffs since relegation.

What there have been no reports on is who this consortium may want as the manager at Newcastle. But one thing Americans are usually good at, they treat their customers very well, and American sports know very well who pays the bills – an it’s the supporters.

Manchester United (Glazer family who also own the Tampa Bay Buccaneers) and Aston Villa (Randy Lerner who also owns the Cleveland Browns) are just two American owned clubs, who have functioned very well since being taken over.

And the Yankee owners tend to stay in the background and let the people who know the business get on with it – what a concept!.

But we’ve noticed Randy, who has  a busy business schedule, was at every Villa game last season, and one of the Glazer sons runs the board at Manchester United.

They’ve both let Alex Ferguson and Martin O’Neil get on with the business to some great success, and we have to hope if Americans do take over the club, they’ll do the same at Newcastle.

Mike Ashley should never be allowed to run a football club again, he’s been that incompetent and hopeless at Newcastle, and has all but destroyed the club, and is leaving the club in terrible state for any new owner and manager to clean up.

What other club, bought by a Billionaire would be relegated within two years – only at Newcastle.

But the difficulties we are in right now  can no doubt  be put right,  if only the right owner and manager are installed quickly.

Comments welcome.



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27 comments so far

  • batty

    Jun 15, 2009 at 9:50 AM

    Comment #1

    thanks ED things might go our way now you have moved there ugly mugs off the banner ,and just want the club sold quickly as pos

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  • batty

    Jun 15, 2009 at 9:51 AM

    Comment #2

    ED has there been owt on tv across there aboot the yanks buying us m8

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  • alkinou

    Jun 15, 2009 at 9:54 AM

    Comment #3

    Finally good news, but are the finances of the club good enough to get back on oour feet even with new owner/manager??

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  • batty

    Jun 15, 2009 at 9:55 AM

    Comment #4

    aye alkinou hope its true like

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  • Stuart79

    Jun 15, 2009 at 9:56 AM

    Comment #5

    Paper talk.

    Journal say the sale will drag on, Indpendant think the Yanks are coming and the NOTW say a announcement could be this Tue or Wed.

    Someone is wrong, so I tend to believe none of them.

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  • Ericles

    Jun 15, 2009 at 9:57 AM

    Comment #6

    Some years ago the Board of Trade stated that Robert Maxwell should never run a compnay again. The same should be said of Fat Ashley. In view of the present fiasco I do think that the FA should have at least lambasted him for bring the game into disrepute. Oh for a miracle and NUFC is municipalised – owned by Newcastle Council along with the fans and other local bodies. Will not happen. Cannot happen. The Michael Owen brochure can be found in the crime fiction section of Liverpool Central Library!

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  • batty

    Jun 15, 2009 at 9:57 AM

    Comment #7

    ive got a good feeling were gonna get some good news this week

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  • BenjiToon

    Jun 15, 2009 at 10:44 AM

    Comment #8

    Truth is the press don’t know. They’ve got some hints from various sources but as we know the current mob at NUFC HQ don’t tell anyone anything.

    The Indie says that they hear from “the city” about the Americans, so I’d take that as a stronger bet than the Journal who are plying “sources” in the club, or the NOTW who are, well, sh*te basically.

    Its still a big if mind…so IF American’s buy us, which ones? The kind who get us into stupid debt like Liverpool and Man U owners, or the kind who steadily invests within their means like Lerner at Villa?

    I wonder…

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  • DJG

    Jun 15, 2009 at 11:06 AM

    Comment #9

    I wouldn’t wipe my bum on the News of The World.

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  • DJM TOON

    Jun 15, 2009 at 11:07 AM

    Comment #10

    i think the indie reporting on something gives any story a bit more legs… however as the day goes on we’ll hear of several americans linked with us as the rumour mill goes into overdrive

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  • Phillippe Alberrrrrrrt

    Jun 15, 2009 at 11:21 AM

    Comment #11

    DJG – I dunno i I was desperate enough and out of Andrex I might consider wiping on the News of the World.
    Although it does bring it’s own set of problems with it such as ink (or crayon – whatever they write with) up the jacksy.
    Vive le Yank Revolution

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  • Spoonman

    Jun 15, 2009 at 11:37 AM

    Comment #12

    You have to remember the mess Hicks and Gillet have made at Liverpool, dragging the club throught dirt and amassing debt. Also lets not cover the Glazers in too much glory, they’ve put Man U in about 500 million of debt just so they could raise the money to buy the club. Not exactly brilliant ownership.

    So far I can only see Lerner as the shining example of an American owner.

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  • BenjiToon

    Jun 15, 2009 at 11:58 AM

    Comment #13

    DJM – having had a number of dealings with them myself I’d agree with you about the Indie.

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  • Toonmania

    Jun 15, 2009 at 12:15 PM

    Comment #14

    i think you’ll find the news of the world is telling the truth because it’s the only paper ashley is capable of reading and is the only paper that he talks too usually 😉

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  • SpartanChris

    Jun 15, 2009 at 2:24 PM

    Comment #15

    Spoonman – I agree we need responsible owners not ones who will saddle the club with debt.

    Ed – Love the new header with the pictures of real heroes.

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  • batty

    Jun 15, 2009 at 2:36 PM

    Comment #16
  • Solaidback

    Jun 15, 2009 at 2:47 PM

    Comment #17

    Well from what I’ve read here, there & everywhere, something is happening as it seems the fire sale of our players has been put on hold.. 🙂
    That makes me think that whoevery is buying the club, be it an American consortium have said they’ll deal with the players soon!!!

    As for us being brought by an American consortium who don’t have the financial backing to invest, please name one who has done that over here so far??

    Glazers are a family, Gillet & Hicks aren’t a consortium, they’re a partnership which failed & the fact we’re only going for ÂŁ100m, I doubt any consortium of several Americans with money would buy us with loans, as the above Yanks have!!!

    I’m hoping it’s a consortium which includes Paul Allen (ie Co-founder of Microsoft) as he’s a big sports fans & worth a mint 🙂 and a few other less rich billionaires, a bit like QPR, who are woned by 3 multi-billionaires, one of who was the 3rd riches man in the world :0

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  • Hekvig

    Jun 15, 2009 at 3:08 PM

    Comment #18

    A little of subject, but have anyone seen Goal 3, isnt Mike Ashley who stands in the director box one match and tells someone to f**k off or something

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  • AndyT

    Jun 15, 2009 at 3:26 PM

    Comment #19

    Honestly, i just hope that somebody will be announced as the new owners VERY soon. I really couldn’t care less who it is. As long as they support the manager

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  • madman67

    Jun 15, 2009 at 3:35 PM

    Comment #20

    well i read this yesterday

    That could take another month to happen. Despite claims several groups have already begun due diligence, that process will not begin until Wednesday when a “data room” containing the club’s financial information is opened online.

    Anyone wanting to analyse the books has until Tuesday to provide proof they have the backing to meet Ashley’s €117 million asking price.

    When they have done so they will be given a password to access the information

    http://www.irishtimes.com/newspaper/sport/2009/0615/1224248849992.html

    lets keep wor fingers crossed, nd theres sum legs in this story…lol

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  • madman67

    Jun 15, 2009 at 3:55 PM

    Comment #21

    SpartanChris – agree with ya banner comment…

    cheers Ed, it looks alot betta now dunnit … like the thought of changing the faces now nd again, could have polls for which past players we’d like to see replaced, votes for their replacement lol.

    am happy atm now he’s off…lol

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  • madman67

    Jun 15, 2009 at 3:59 PM

    Comment #22

    was at the wimbledon game when vinnie grabbed gazzas balls … ouch that must of hurt lol … class image tho lol, nd class player … hope ya get betta gazza.

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  • waddler

    Jun 15, 2009 at 4:25 PM

    Comment #23

    The most democratic club in the world are Barcelona F C.
    To be a member who can vote out club presidents you pay currently 147 euro’s for the year and the games are ranked depending if its a local cup league or championship league match but generally they pay about 7 euro’s a game.
    So if you add up 20 league 5 cup and 8 championship league you have 33 them x by 7 + membership and you have a total of 378 euro’s.
    They can do this because they have 150,000 members.
    Do you think if the supporters got organised and asked say Hall to buy the club and then sell it to 150,000 Geordies interest free over 5 years.
    Then charge say a tenner to watch the match live, it would work.
    Then work out a democratic structure were more money could be generated but empire builders like Hall and Shepherd could easily be removed by the members.
    Do you think 250,000 tynesiders would build what in theory could be quite simple to put together.
    Now that would worry Man U.

    Your thoughts ED.

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  • stafford

    Jun 16, 2009 at 8:55 AM

    Comment #24

    Bring back the only messiah KEVIN KEEGAN

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  • Tom_Toon

    Jun 16, 2009 at 1:31 PM

    Comment #25

    #

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  • chuck

    Jun 17, 2009 at 11:48 AM

    Comment #26

    Yeah, in general you are right Ed.concerning US owners, but George Steinbrenner and the Yankees you must be joking (obviously you should watch “Is the Bronx burning”)
    A tv series about the Billy Martin managed Yankee team during the late seventies, might change your opinion.
    But as I stated in general I would be in favor of a US group over FFS, the Omanis or some group from Singapore who want to convert the club into a fan owned(based on the Barca system) system.
    God help us if that ever happened(take two Geordies and you end up with three opposing viewpoints)
    I would at this stage settle for allmost anyone but the present regime, but would prefer US ownership, here`s hoping.

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  • Tom_Toon

    Jun 17, 2009 at 8:19 PM

    Comment #27

    /////

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