Ashley Holds Out For £100M As Deals Stall


It appears that Mike Ashley will not sell the Newcastle club for less than the £100M he had asked for.

MikeAshley 2

Mike Ashley – holding out for the full £100M


The call today on Ashley to sell, came from our former striker Mick Quinn, as it appears the sale may again be stalling this afternoon.

A source close to the Newcastle Board told the Telegraph this afternoon:

“There are three parties now interested in buying the club from Mike Ashley of which Barry Moat is and one thing in common for all of them is that the asking price is £100M all ways round,”

“Moat can now be considered as the outsider of the three, but if the business is not concluded by Friday then there is a problem and there is a good chance the club will be taken off the market.”

That sounds a little ominous to us, and we wonder who the other two bidders are.

Mick Quinn, who scored 59 goals in his 115 Newcastle appearances from 1989 to 1992, has pleaded with the very unpopular Ashley, to relinquish ownership of the club for the good of everybody concerned.

Quinn told the Telegraph today:

“There have been various reports saying that Ashley wants to stay now but it would be for the good of the club if someone stepped in and bought him out and brought Alan Shearer into the club,”

“People outside the North-East can all moan all they want about Alan managerial-wise by saying that he is not experienced enough but, hold on, you’ve got Mike Ashley and a chairman in Chris Mort and then a managing director in Derek Llambias and this was their first club.”

“So as far as I’m concerned if there was a consortium there and if you got the right man in as manager in Alan Shearer, you could bounce straight back up and they would be guaranteed 52,000 at St James’ Park for every home game when things were going well.”

“Shearer is the only person that the fans want. You could go back over old ground and bring back Joe Kinnear or appoint David O’Leary, but that is the only way you would fill that stadium.”

“Alan Shearer is the only person that could get the fans dreaming again.”   “It’s been bitterly disappointing to see what happened at Newcastle. They just weren’t good enough. The players weren’t good enough. It was an absolute disaster.”

“The club has had more managers while it has been in the Premier League than anyone else around. That’s a damning indictment. That speaks volumes about what has gone on. It’s been an absolute mess.”

“The cycle of hiring and firing has to stop for the good of the club and its magni ficent supporters. Ideally, looking ahead Alan Shearer should be given the time and patience to build a side capable of challenging for honors.”

“Whatever happens, though, they need to hire a manager and stick with him through thick and thin. That’s the way forward.”

Newcastle’s first two games of the Championship season have so far yielded a decent four points and Newcastle fans will be hoping to build on their promising start to the season, when Sheffield Wednesday visit tomorrow night, and we need all 3 points then too.

But it will be sad day indeed if Mike Ashley takes the club off the market, as we are likely to lose Steven Taylor, just like we lost Shay Given, because Steven and a number of other players are just fed up with their treatment from owner Mike Ashley, and everything he stands for at the Newcastle club.

A little hint – that’s not much.

We’re still hoping for a deal of course, but it seems from what we can tell, that Mike is hanging on for the full £100M, and will not sell for less.

Comments welcome.



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37 comments so far

  • batty

    Aug 18, 2009 at 4:13 PM

    Comment #1

    sell you fat inbred tw@t

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  • Oleg G

    Aug 18, 2009 at 4:17 PM

    Comment #2

    aaaa….. sell already !!!!

    Stop this game. This man is mad (and fat) !
    I think he have a split personality syndrome.
    He is Crazy.

    Anyone knows a website where I can watch SSN channel or other news channel that talk about our situation, online? A link (Links) will be appreciated.

    Go Home Mashly.

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  • thud and blunder

    Aug 18, 2009 at 4:17 PM

    Comment #3

    Ed your title is abit false as no one has stated the “deals” have stalled…neither does the article mention that

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  • batty

    Aug 18, 2009 at 4:18 PM

    Comment #4

    Oleg G click me name m8 you might find sumit on there

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  • Magpietillidie22

    Aug 18, 2009 at 4:18 PM

    Comment #5

    Lol same old life of a Newcastle fan… Good news followed swiftly by bad news…

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  • tino_asprilla

    Aug 18, 2009 at 4:18 PM

    Comment #6

    typical, been waitin for this!!

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  • tino_asprilla

    Aug 18, 2009 at 4:21 PM

    Comment #7

    and i’m no nay sayer. sick of heering from people with supposd inside knowlidge. until it’s confermd i’m not gettin excited anymore.

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  • King Bob the first

    Aug 18, 2009 at 4:22 PM

    Comment #8

    this is news story from this morning its old hat

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  • Oleg G

    Aug 18, 2009 at 4:23 PM

    Comment #9

    Thanks batty, I’ve been to their website. Unfortunatley, nothing Live, only some clips and also, not in the right subject.

    One think I can say good (well, decent) about Ashley. The man got some balls. To play like this with everybody all the time. jumping between Yes and No, that is dangerous in the business world. So or he is incredibly…well, you know what I mean. Or, he is just not afraid to loose.
    Standing on the 100M like that, for so long. knowing that there is a chance you will lose even more later if the club will not get promoted in the first year. …

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  • Zangwill_Ho

    Aug 18, 2009 at 4:24 PM

    Comment #10

    he will not sell 100% will not

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  • batty

    Aug 18, 2009 at 4:25 PM

    Comment #11

    former spurs grame roberts say he is heading a fans consotium ssn

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  • Magpietillidie22

    Aug 18, 2009 at 4:26 PM

    Comment #12

    Thud and blunder is right, its all a bit misleading as there arent any quotes even leaning to the deals stalling…. but anyway the rule i tend to live by which is probably 99% accurate is if SSN is using it as breaking news then something is happening, and they are saying theres talks between Ashley and the bidders and that is good enough for me to get excited about!

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  • batty

    Aug 18, 2009 at 4:28 PM

    Comment #13

    he wants it run like barca and there will be no debt at club and shearer as manager

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  • batty

    Aug 18, 2009 at 4:28 PM

    Comment #14

    has any 1 else seen it

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  • Nick D

    Aug 18, 2009 at 4:29 PM

    Comment #15

    Why the hell did Moat not have the 100M in place. he knew that was the price and was always going to be the price. What a wind up!!!

    Actually not too unhappy if ashley doesn’t sell and keeps Hughton and calderwood ( won’t be saying that if we lose tomorrow!!) My only great great fear is the return of kinnear who will undo all the good hughton has gotten in to the team.

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  • batty

    Aug 18, 2009 at 4:29 PM

    Comment #16

    its very likely and will be done quick and he want the fans backing

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  • batty

    Aug 18, 2009 at 4:30 PM

    Comment #17

    nick d did you see it on sky sports juast

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  • Nick 69

    Aug 18, 2009 at 4:33 PM

    Comment #18

    batty- i caught that graeme roberts bloke half way through and didnt catch everything he said, but i did hear that thewy have the 100mil in place and will rid the club of all debt. he also said he tried to contact llambias with no joy and tries seymour pierce but harris wouldnt even come on the phone.

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  • Magpietillidie22

    Aug 18, 2009 at 4:35 PM

    Comment #19

    Batty what is all this?? so whos backing him? are they very rich? what about players etc

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  • thud and blunder

    Aug 18, 2009 at 4:36 PM

    Comment #20

    i really didnt understand what graeme roberts was on about, he said the £100m was in place and that shearer would be backed with funds but did it mean that he expected “us” fans to contribute into it?? or has he got £100m+ ready from the consortium??

    my heeeds done in now!!

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  • Mags

    Aug 18, 2009 at 4:40 PM

    Comment #21

    Yes I caught the tale end of it, and could not make head nor tails of it either. Apparently Harris from Pierce Morgan will not talk to them so they have lamearse’s personal number.!!??

    Fans 410 I think I heard them say. Want to make the club debt free and involve the fans. No mention of any transfer funds.

    Anyone see the whole thing?

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  • Fostino

    Aug 18, 2009 at 4:41 PM

    Comment #22

    grame roberts is living in a fantasy land, forget about him

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  • Stuart79

    Aug 18, 2009 at 4:45 PM

    Comment #23

    Why the fck would roberts want to get involved in NUFC?

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  • thud and blunder

    Aug 18, 2009 at 4:47 PM

    Comment #24

    agrees with Fostino…

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  • repo

    Aug 18, 2009 at 4:47 PM

    Comment #25

    What a load of crap the deal hasn’t stalled

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  • Waddles mullet

    Aug 18, 2009 at 5:11 PM

    Comment #27

    Do not believe any of this dross and in chron.

    The chron haven’t a clue!

    I’ve got a feeling, that tonight’s gonna be a good night!

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  • Whumpie

    Aug 18, 2009 at 5:13 PM

    Comment #28

    Yep, Ed – that headline would disgrace the Express. Please try to keep it on the planet, ‘cos my heart sank when I saw that headline and it’s utter garbage.

    Ashley’s in the room and talks are happening. I still think good things will happen.

    Magpietillidie22 – you put a lot of store by SSN, but isn’t that the same lot who broadcast the Mackem hoax as if it was confirmed fact??

    They’re no better than any of the others.

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  • stk85

    Aug 18, 2009 at 5:15 PM

    Comment #29

    ashley has pocketed the 20 mill from transfers according to some concerns of barclays, so why the feck is he still asking for 100 mill?!?!?!

    SELL YOU FAT TW@T!!!!!

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  • ToonRich

    Aug 18, 2009 at 5:15 PM

    Comment #30

    Mullet..you been listening to BEP all afternoon “I’ve got a feeling, that tonight’s gonna be a good night!” lol

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  • Tel

    Aug 18, 2009 at 5:26 PM

    Comment #31

    I saw the whole interview, roberts wouldnt commit the names of his backers, but then contradicted himself by saying the fans would own the club, but the 100 mil was already in place. Every time he was pressed for info he said he couldnt give too much away as it was on going. As I said on other post it seems like a load of bull to me, and being spurs it could be an ashley attempt at upping the ante. all in all in my opinion it had no credibility whatsoever.

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  • Billy Bunter

    Aug 18, 2009 at 7:21 PM

    Comment #32

    LADS – just been texted off wor Donna – she said that the big press confrence she is doing was not the one today with Hougten – she is still doing it all now, she has had to stay late. But she doesnt know if its tomorro.

    im so exsited,

    LADS will you all do me a faver if this hapens, will you’s back is coz batty and ryan toon have been nasty to me and bullyin is all summer, they try and be the bigwigs of this blig and bully poeple who come on to be nice and have a bit of crack. thanks lads

    Donna doesnt know what the confrence is about yet tho – hope she finds out and i will tell yous – cheers lads

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  • cybermoose

    Aug 18, 2009 at 7:29 PM

    Comment #33

    Nick D – the reason Moat did not have 100 mill ready is because the club is not worth that. Unfortunately, Cashley is quite prepared to gamble everything – it’s in his nature.

    Hopefully sense will prevail, but I’m not holding my breath.

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  • AngerOfTheNorth

    Aug 18, 2009 at 8:22 PM

    Comment #34

    This could very easily be:

    a) Crap journalists making up scary, newspaper-selling stories, or;
    b) Ashley trying to squeeze another million or two out of the deal before he goes.

    Either way I’d be amazed if anyone else is after the club other than Moat. If I was Ashley I’d bluff for extra cash too.

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  • NICK C

    Aug 18, 2009 at 8:51 PM

    Comment #35

    Billy Bunter, did you go to school? U sound like a proper div with all your rubbish spelling and liberal use of the Geordie vernacular.

    I bet you hang about SJP looking for a SKY camera at the hint of any news. Pathetic.

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  • Nick D

    Aug 19, 2009 at 6:25 AM

    Comment #36

    Cybermoose
    we all know it’s not worth that, but ashley is bloody kinded and obstinate and was never going to shift on that price.

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  • Nick D

    Aug 19, 2009 at 6:25 AM

    Comment #37

    bloody minded even

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