Newcastle United Could Be Sold This Week


There is a report in today’s newspapers that two bids have been accepted for Newcastle United, but it’s the News Of The World reporting it.

mike ashley  1411039c

Derek Llambias and Mike Ashley – last week in charge at Newcastle?

So this news will need to be taken with a large dose of salt.

Last week there there was news that Ashley would bring in Alan Curbishley as manager, which was was just nonsense, and we knew it and it was immediately denied the following day by Derek Llambias.

But there have also been other rumors that acceptable bids have been made by at least two of the consortia.

We expect there is some deadline by which bids can be ma, so several bids can then be considered by Keith Harris and Mike Ashley, and then we suppose one of them will be accepted. We’re not quite sure what the NOTW means when they say two bids have been accepted, other than they have been submitted for consideration.

The bids are said to be £80M and the two groups are said to be an American based group and one from the North-East. However, if we were making up a story, like the NOTW does every Sunday,  that’s maybe what we would say. 😀

A local group had bid, because of the local ties, and an American group, because it raises the possibilities about who that may be.

But we have no idea who the American group is, and indeed if there is a group bidding from the USA at all, as everything is being kept under wraps and highly secretive.

The NOTW is saying a further £20M, in addition to the initial £80M will have to be paid if Newcastle can get promoted back to the Premier League, but why that clause is there, we have no idea.

It doen’t make any sense to us, since why should Asley be paid £20M if  new owners come in and  d0 the right thing – which he didn’t – and get our club back to the Premier League, where we belong?

The NOTW world-famous inside source said:

“It is getting very close but it is so sensitive that the identities have to remain secret.”

“They have both proved they have the funding to take over and the process is speeding up.”

“There could be a third or a fourth bid early this week, but those two are at the front.”

We would hope there is some truth in the story, and it wouldn’t surprise us at all if we were told some group had eventually bought the club – within the next week. The signs are there that the groups are very serious about doing a deal, and for Newcastle fans, it’s the sooner the better after the Ashley nightmare.

There’s still time to recover if get a decent manager in soon, since most of our players want to stay – and we hope it’s not just because of the high wages.

But if the new owners can invest in the wages for one year – so we can keep two or three of our players, then it could pay off with the side getting promoted next May.

We will lose out 4 out of contract players and we would still need to unload a number, maybe up to 10, of some of the high wage -earners we just don’t want or need at the club.

If the club is sold this week, and they bring in a good manager, who most of us would like to be Alan Shearer, then all the better.

But whoever comes in, the Newcastle fans will need to get  behind the new owner, new manager and the team – so we have a consistent front moving forward.  We can all row the boat in the same direction, and that would be a nice change.

We need stability more than ever at the club, and we have to hope both the new owner and the new manager will take a long term view of the club, and where we need to go.

If we do that, we could be celebrating next year at this time , with a much better team than we have at the moment, and Premier League football again. Certainly that’s exactly what Birmingham City have just achieved, after just one year in the lower division.

That has to be the goal over the next 12 months.

Comments welcome.



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32 comments so far

  • Stuart79

    Jun 21, 2009 at 7:53 AM

    Comment #1

    This is just gap filling byt the journo.

    He hasn’t a clue so just made a bit up.

    We’ve been told for the last two weeks that no local group had the money to throw at a football club.

    We won’t know anything until it’s actually happened.

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  • tooneskimo

    Jun 21, 2009 at 8:14 AM

    Comment #2

    How can you accept 2 bids? who will actually get the club, do they toss a coin?

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  • tooneskimo

    Jun 21, 2009 at 8:18 AM

    Comment #3

    Personally I can’t see Ashley selling to Shepherd in a million years after all the money MA has lost in his failed NUFC reign……
    would love to know who is organising the pre season schedule, Any ideas?

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  • Partizan

    Jun 21, 2009 at 8:19 AM

    Comment #4

    tooneskimo…..”toss a coin” LOL

    I think they’ll put them in some kind of auction 🙂

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  • sirjasontoon

    Jun 21, 2009 at 8:27 AM

    Comment #5

    That inside source talks plop and I don’t think he really exists TBH.

    Yawn,Time to go back to bed.
    ZZZZZZZZZZZZZZZZZZZZZ
    Wake me when this fiasco ends.

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  • Nick D

    Jun 21, 2009 at 8:40 AM

    Comment #6

    I guess the price is 100M , but Ashley is prepared to take 80M now and wait for the other 20M at a later date dependant on promotion. Seems pretty fair and flexible to me Ed.

    The real dread is Shepherd and his mafia coming back. Shepherd escaped administration and bbeing found out by the skin of his teeth last time, but all his idiotic decision making and lack of a wage structure is all coming home to roost big time.

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  • geordie deb

    Jun 21, 2009 at 8:52 AM

    Comment #7

    Just think it’s made up as they don’t know either. If you were Ashley why would you accept £80m now and have to wait for potentially a couple of years or even longer (god forbid!) for your other £20m? I would have thought it makes more sense to have a clean break and be done with it.

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  • geordie deb

    Jun 21, 2009 at 8:56 AM

    Comment #8

    Nick D

    ‘The real dread is Shepherd and his mafia coming back. Shepherd escaped administration and bbeing found out by the skin of his teeth last time, but all his idiotic decision making and lack of a wage structure is all coming home to roost big time.’

    Agree. Hopefully the scrap man couldn’t raise the funds or we really would be out of the frying pan into the fire. I think even if he had the dosh, can’t see Ashley selling it to him if there are other viable offers on the table

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  • jettson1971

    Jun 21, 2009 at 9:33 AM

    Comment #9

    Nick D – agree also -both FFS and SJH were in it for themselves, for the dividends and for a few quid, lets hope that our great club gets a completely fresh new owner, wth a positive outlook and professionlism, we all support the team and always will but we have to hope for the right administration and professionalism!!

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  • hitman

    Jun 21, 2009 at 9:38 AM

    Comment #10

    i have heard its the bilderberg group,that why all the secrecy. lol

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  • woodsee

    Jun 21, 2009 at 9:38 AM

    Comment #11

    Tabloids spouting the same guff day in day out.
    Reportrubbish every day,and one day they might fluke an ounce of truth in one of there fairytales.

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  • Archie Brand

    Jun 21, 2009 at 9:57 AM

    Comment #12

    Ed,
    If you buy an up and coming player the selling team often include a clause along the lines of “If he plays 20 games plus in the season you give us an extra 50 quid” or “If he plays for England we get another 30”.
    Why shouldn’t Ashley do the same with the club?
    If you’re buying a Fizzy Pop team you pay one price, if you’re buying Prem you pay another.

    Ultimately he’s making it a more salable asset.

    I think the comments on Fat Fred are a bit harsh. He was just a figurehead. The Halls held the reins and made the decisions. What was Fred’s share – – 30%? How could he have a controlling interest at 30% when the Halls had double that?

    Fred didn’t want to sell, but he knew the financial status of the club – what does that tell you?

    All the papers keep telling us that he invested his thirty odd million in creating jobs in the North East.
    Yeah, he seems a right b@$t@rd!

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  • woodsee

    Jun 21, 2009 at 10:08 AM

    Comment #13

    Whats the crack with the mackems buying LUA LUA,surely his little brother will tell him to get a grip.

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  • tooneskimo

    Jun 21, 2009 at 10:21 AM

    Comment #14

    Archie,
    was the surname of those 30 people was Shepherd?

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  • tooneskimo

    Jun 21, 2009 at 10:22 AM

    Comment #15

    apologies, senior moment…
    I was kind of implying that Fred was paying his own family members millions of supporters money for doing
    foot all.

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  • Nick D

    Jun 21, 2009 at 10:28 AM

    Comment #16

    Archie wake up and smell the coffee mate.
    Shepherd and his family had so many fingers in pies it wasn’t true. He was far more than just a figurehead.

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  • batty

    Jun 21, 2009 at 10:33 AM

    Comment #17

    nick d how much debt were we in whaen ashley took over can u plz tell me

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  • Wigaz

    Jun 21, 2009 at 10:38 AM

    Comment #18

    Really hope this happens this week. Cant belive the makems want Lua lua! maybe we should bid for him (Once we’re sorted) he would be welcomed back with open arms & sure he’d be excited at the prospect of playing in the same team as his brother. Ed really hope you’ve got loads of articles to post early in the week when new owners are in shearer is boss & players are coming in.

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  • batty

    Jun 21, 2009 at 10:45 AM

    Comment #19

    Nick D // Jun 21, 2009 at 10:28 AM

    Archie wake up and smell the coffee mate.
    Shepherd and his family had so many fingers in pies it wasn’t true. He was far more than just a figurehead
    <<<<< could you tell me which pies he had his fingers in plz because i could tell u which pies ashley has his fingers in

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  • ginkoh

    Jun 21, 2009 at 11:05 AM

    Comment #20

    So what’s new ? I absolutely respect for you Ed, If our board be the same just a little bit of you I think we will never been we like today.

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  • Bill F

    Jun 21, 2009 at 11:51 AM

    Comment #21

    The Bilderburgers, if only!! I wonder just how much financial clout they would represent. I also wonder if any Toon supporters would get to attend the Owl ceremony. 🙂

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  • SamQ

    Jun 21, 2009 at 11:54 AM

    Comment #22

    He also said not all the consortia wanted Alan Shearer**

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  • geordie deb

    Jun 21, 2009 at 2:33 PM

    Comment #23

    Batty

    ‘nick d how much debt were we in whaen ashley took over can u plz tell me’

    As Nick D hasn’t responded the initial figure was put at £80m but after further investigation was thought to be £100m according to reports

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  • batty

    Jun 21, 2009 at 3:29 PM

    Comment #24

    geordie deb how much of that was for the ground pet 50 or 60 mill well that leaves 40 or 50 not much realy seeing that a team like stoke are i 40 or 50 mill debt pet

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  • Nick D

    Jun 21, 2009 at 6:52 PM

    Comment #25

    Batty it never fails to amaze me how such an obnoxious, odious attention seeking little prat can so continuously over look the point.

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  • batty

    Jun 21, 2009 at 10:22 PM

    Comment #26

    Nick D // Jun 21, 2009 at 6:52 PM

    Batty it never fails to amaze me how such an obnoxious, odious attention seeking little prat can so continuously over look the point.
    <<< and all that comeing from a gobby mug like you

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  • batty

    Jun 21, 2009 at 10:23 PM

    Comment #27

    nick dickhead

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  • Darling27

    Jun 22, 2009 at 1:17 AM

    Comment #28
  • Tom_Toon

    Jun 22, 2009 at 3:37 AM

    Comment #29

    ###

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  • Chris G

    Jun 22, 2009 at 8:58 AM

    Comment #30

    Darling27 // Jun 22, 2009 at 1:17 AM

    Could this be it!!!
    ——————-

    Probably not – the Times is reporting that it’s a premier league club:
    http://www.timesonline.co.uk/tol/sport/football/premier_league/article6550368.ece

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  • Tom_Toon

    Jun 22, 2009 at 1:14 PM

    Comment #31

    #######

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  • Tom_Toon

    Jun 22, 2009 at 1:15 PM

    Comment #32

    /////

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