With one of the last uncertainties – at least from a financial viewpoint – now cleared up with the Kevin Keegan decision today, we have to hope that the way is now clear for somebody to come in and buy the club from the utterly clueless Mike Ashley.
Barry Moat – new owner at Newcastle shortly?
There has been is a lot of information released today on the case, with the last straw for Kevin not just being Xisco, but it was the signing, against his wishes, of Ignacio Gonzalez on loan, after Kevin was asked by Dennis Wise to watch the player on youtube. So that’s how the club scouts and buys players! 🙁
Kevin said he wasn’t good enough and that was certainly true, although we never saw Gonzalez play much, other than two short sub appearances in September of last year. He was out injured for the remainder of the season, and we paid £1M for that privilege?
But in our view, nobody came out a winner in this case, which has dragged on for over a year, and we’re just glad it’s all over now, and the club can now move forward – hopefully with some significant speed.
The potential good news is that surely the way is now clear for Barry Moat, or some of the other consortia interested, to come in and finally buy the club from Ashley for the £100M asking price.
The £2M award to Kevin is a lot smaller than it could have been, given that Kevin had actually claimed an amazing £26M, which certainly would have wrecked the club financially, had that amount been awarded.
So with these facts now out, it’s hardly surprising that Barry Moat was waiting to see what the verdict in the case would be, but this has to be some good news for Moat and his American backers.
We have to assume that the amount of the award would be a key factor in what the overdraft limit would be, that Moat is seeking from Barclays Bank.
And with the fairly low award, relatively at least, of £2M, that will be hugely in Barry’s favor.
We have to hope he will now go full-steam ahead to buy the club from Mike, and we can rid ourselves of the catastrophe that has been Mike Ashley, as the owner of Newcastle United.
And a win tomorrow against Bristol City, will also help with the sale, because Newcastle will be sitting pretty at the top of the Championship table, and the odds have to be pretty good that we could be back in the Premier League as early as next season.
And the club is up for sale for just £100M – what a deal!
Howay The Lads!!