It’s now 10 weeks today that Newcastle were relegated and we are now in a much worse situation than we were then.
Mike Ashley – what is he doing?
Thanks for that goes to the owner Mike Ashley who seems to be trying to ensure Newcastle have no chance whatsoever of promotion next season and so far he’s done a good job of that.
And we have to remember its Sunday today, so there will be some news on new bidders for Newcastle and indeed there are, with Alan Oliver of The People suggesting that a mystery diamond billionaire is in for the club.
The People reports that Sir John Hall has brought a South African diamond billionaire to Ashley who is apparently keen to buy the club.
But this smells of a desperate Sunday story when none really exists, and we are all getting a little tired of all this nonsense.
The People is also reporting that another new group of Tyneside businessmen are trying to put together a bid for the club.
It also looks like the bid by the phantom Sirous Mahjoob, supposedly a Dubai businessman, was also a hoax.
Ashley is thought to be on vacation in Hawaii, but Seymour Pierce Chairman Keith Harris is back from his vacation now and is said to be trying to get a deal thrashed out.
The consortium of North East businessmen are trying to stump up the £100M asking price by looking for 20 businessmen willing to put up £5M each, but we don’t know if £100M will be enough.
If the group are having difficulty with the base amount, they will have trouble coming up with any transfer funds, but with the transfer season having just 4 weeks to run, maybe we will not need need any transfer funds, because it will all be too late for that, and then where will we stand?
This is a serious situation for the Newcastle club, and we still don’t know exactly what Mike Ashley thinks he is doing.
But it’s not good, that’s for sure.