It seems that Mike Ashley is on his way back from Hawaii to discuss Barry Moat’s bid for the Newcastle football club with Keith Harris of Seymour Pierce Investment Bank, who we understand will urge Mike to accept the offer.
Mike Ashley – flying in from Hawaii
Or so is being reported today by The Mail On Sunday, and it says that Alan Shearer could return as Newcastle manager as early as next week.
However, the offer on the table from Moat is said to be below the £100M asking price that Ashley wants, and is understood to be only around £70M.
Ashley is hardly a popular guy with the Newcastle fans, having crippled the club this summer in his attempts to sell it, and he is said to be thinking of holding on for another year. We have to hope that he will accept the Moat offer, sell up and get out of Toon – and do it quickly.
If he decides to keep the club, that will spell disaster for the club, and we’re not sure we’ll be able to put up with another year from this guy, he is just so incompetent.
Newcastle fought well yesterday at WBA, and if anything were a little unlucky not to get all 3 points, but still had the thank substitute goalkeeper Tim Krul for 4 outstanding saves in the second half, after the 21 year-old had come on for the concussed Steve Harper.
Ashley’s name was repeatedly abused by traveling Newcastle fans, as he will no doubt find out.
Keith Harris seems somewhat confident that a deal can be finalized within days, but we’ve heard that far too many times to take it too seriously, although time is certainly running out for the club to be sold, and for new players to come in to strengthen what is currently a paper thin squad.
Moat is said to be motivated to get the sale completed, so he can bring in Alan Shearer and strengthen the squad with players more suited for the Championship, and to unload still more high wage earners to reduce the crippling wage bill.
Shearer said today:
“If someone comes in and buys the football club and wants me as manager and everything is right, and they want to get the club back up to the Premier League, then I would dearly love the chance to finish what I started last season.”
“Other than that, you have to believe me when I say I don’t know anything.” “I am still here, still in limbo. I don’t know any more than anyone else. But I want it sorted either way because of the love of the football club.”
Ashley is said to want at least £90M for Newcastle, and may yet decide to stay as owner for another year, which will be the very worst news possible for the Newcastle faithful.