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News and Commentary On Newcastle United Football Club By Ed Harrison, A Proud Exiled Geordie And Lifelong Fan

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Is Ashley Getting Ready To Take Newcastle Off The Market?

10:43 am, Friday, October 16th, 2009 by Dr. Ed Harrison · 27 Comments

We were told that Barry Moat put in an official bid for Newcastle a week last Monday and he was waiting for a response from Mike Ashley.

Mike Ashley -and-Barry-Moa-001

Ashley and Moat - Barry just doesn’t have the money

And earlier in the week we were told that Geoff Sheard, who is said to be fronting a bid from the Starr Group of NY, had also officially put in a bid for the club, and expected a response later in the week.

And what have we heard about these bids – nothing.

If the bids are in fact below the £100M being asked, we expect Ashley to reject them, and since Barry Moat has spent weeks and weeks trying to get the money together so he can bid less than the £100M being asked – we have to assume he just doesn’t have the money.

But Barry’s chance to buy the club will go up in smoke if he isn’t successful now – because if Mike keeps the club and we do get promoted, there’s just no way Barry will be able to pay the £200M the club will be worth in the summer.

And Mike isn’t completely daft either, and he’ll know if he keeps the club until the summer then he’ll get around double the £100M for the club in the case we get promoted.

But then next summer will be more turmoil on Tyneside as Mike again puts the club on the chopping block – for a third time.

Is there no limit to the mess this man can create at Newcastle?

We hope the club is sold soon, but we just don’t see any significant bids going in for the £100M it will take to sway Ashley to finally sell. Why not?  – we have no idea.

And failing that expect Mike – at some point of his own choosing – to tell Newcastle fans exactly what they don’t want to hear – that he is keeping the club.



Tags: Newcastle News





27 responses so far ↓

  • 1 Johno Toon // Oct 16, 2009 at 10:46 AM

    What if Ashley sold part of the club? What would people think of that?

  • 2 RyanToon // Oct 16, 2009 at 10:57 AM

    Seems like the w***** is staying :(

  • 3 Partizan // Oct 16, 2009 at 11:00 AM

    The only way to make him sell before January,is to lose 10 games in a row.That way he will see that we stand no chance even for a playoff spot.

  • 4 premier // Oct 16, 2009 at 11:04 AM

    he certainly wont be making any early christmas presents!!

  • 5 pondering // Oct 16, 2009 at 11:05 AM

    more big mike — what a treat !!

  • 6 ash1001 // Oct 16, 2009 at 11:06 AM

    Ed, you are been far to courteous to the guy in calling him ‘Mike’, bet he does not call you Ed, more likely to be ‘sucker’ like the rest of us. This guy should be working in an intergation camp because eventually he will wear everyone down, which seems to be the game he is playing.

    Why waste your time writing articles like this because they have all been done before and lost count of the number of times.

    Mind you ih could be getting some tidy backhanders from the likes of the Sun, Mail and Chronicle, for doing nothing and keeping the story going.

  • 7 Partizan // Oct 16, 2009 at 11:14 AM

    Some of you said (they know who they are) that he doesnt need to comunicate at all.

    Just have a look at Napoli….De Laurentis has something to say every day,it doesnt matter if its good or bad.

    TALK MIKE,JUST TALK….be a man enough and say what your intentions are,dont hide like a dirty rat in his hole ffs.

  • 8 Nobby_Long // Oct 16, 2009 at 12:02 PM

    Ed, totally disagree that club will be worth double the price by the end of this season if we get promoted Have stated so on at least two otehr threads giving my reasons, and am not going to do so again.

  • 9 Nobby_Long // Oct 16, 2009 at 12:04 PM

    Ashley is such a pr!ck, that he probably refuses to even acknowledge any bid that is less than £100m.

  • 10 Bill F // Oct 16, 2009 at 12:29 PM

    If you are intending to stay Mr Ashley then you really need to protect your investment and spend on new players. I am sure you must have heard the expression “You have to speculate to accumulate” You never know your current “Hate Rating” might even go down.

  • 11 shear-class // Oct 16, 2009 at 12:34 PM

    Can somebody explain to me how he will get £200 million for the club if we go up, Ed i think you live in dreamland he cant get £100million at the moment and getting promoted is worth £60million at most

  • 12 p doff // Oct 16, 2009 at 12:42 PM

    Ed- Cashley is doing the best for himself.
    The money flow is sufficient (with the current gate receipts and other revenues) for him to maintain the status quo.
    No money for new players, no managerial appointment, the club being run on a shoe string.
    He does not have any respect for the loyal fans, as witnessed by the recent lack of communications and the lies he had previously told. His plan is to spend nothing, preserve what finance he has and hope that at the end of the season he can receive an increased price for the club.
    Some recommend loosing the next ten games, rubbish. Stop or reduce his revenue for a month ensuring he has to find his own cash to pay the bills .
    Boycott the matches for a month and you will starve his cash flow.

  • 13 sirjasontoon // Oct 16, 2009 at 12:59 PM

    I really think fans should step up the Campaign to get this Moron out of the club.

    This has been allowed to go on far too long and the owner needs to be removed….he is a disgrace.

  • 14 p doff // Oct 16, 2009 at 1:07 PM

    sirjasontoon_ what are you going to do now then? what can any one do about someone who doesnt give a toss for your opinion?

  • 15 stevep // Oct 16, 2009 at 1:10 PM

    the club will not double its value if we are promoted to prem
    Ashley can’t sell for 100 million in championship buying the club for 200 million and having to spend at least 40 million on players to keep us there doesn’t sound to good a deal to me, ashley won’t sell because he can’t and I dont think he’s ar5ed about fans campaign to get him out – he seems to ignore the fat cockney chants quite easily

    btw west ham are for sale for 100 million tho they have 50 million debt

  • 16 Solaidback // Oct 16, 2009 at 1:16 PM

    Pure speculation yet again that the Club will be worth £200m if we get promoted!! the reason being is the only person who thinks the club is worth £100m now is Ashley, so why would anyone think the club would be worth £200m in the EPL when it’s not even worth £100m now!!!

    If he don’t sell it now, then you can kiss goodbye to ever getting promoted or getting a new owner because it will never be worth what Ashley thinks it’s worth in other peoples eyes, so we’re screwed either way!!

  • 17 Partizan // Oct 16, 2009 at 1:17 PM

    Pdoff….How can you boycot the matches when we have more than 25000 season ticket holders.

    I dont get it

  • 18 sirjasontoon // Oct 16, 2009 at 1:19 PM

    I just think he should be heckled by the whole stadium before,in between an after the match…i can’t believe he can still turn up on match days.

  • 19 Bigbadbob // Oct 16, 2009 at 1:25 PM

    John Hall is the life president of the club, he sold it to Ashley so he is either guilty of –
    1/ Stiffening Ashley by selling him a bum deal, or
    2/ Stiffening us by landing us with a complete tosser
    Either way i would like him to speak to the fans and explain just which way it is, after all he has played on the Geordie nation theme for long enough, if he has got the club and region close to his heart, come out and speak in the absence of any communication from the board.

  • 20 newcastle29 // Oct 16, 2009 at 2:48 PM

    Bigbadbob.

    i dont think the halls are guilty of anything!!

    ashley had the money and the means to hand to buy and run the club, sir john made sure of that!

    the fact is that ashley has surrounded himself with the wrong people and made mistake after mistake and failed us as fans!

    i can’t believe we keep going round in circles on this blog, its simple! ashley has had firm offers for the club and he is resisting them at the moment, god only knows why? if he really wanted out then i ‘m sure he would have taken one of them.

    Is he just playing games with these people who have bid?, maybe to try and force one of them to offer more money? i think so!!

  • 21 p doff // Oct 16, 2009 at 2:49 PM

    Partizan_ the season ticket holders cash has been paid and spent. 12-to 15 thousand seats sold per match could be all that is keeping the ship afloat.
    If they cant afford a loan players wages, money must be short. Its the only action the fans can make that would have any effect on Cashley. Moaning and taking no action is pointless.

  • 22 newcastle29 // Oct 16, 2009 at 2:53 PM

    Solaidback.

    i agree, he’s playing a dangerous game if he thinks we will win the title with this squad, as thin as it is!
    we will need to invest in players in january to help the squad and chris, sadly i think this is only going to be possible if one of the american consortia take over.

  • 23 Ericles // Oct 16, 2009 at 3:05 PM

    Ashley thinks he is a wheeler and dealer instead of some pocket rag-trader. Nonetheless he owns NUFC to the detriment of the club, the fans and, increasingly, the integrity of the game itself. It is even worse that the man has the mentality of a preying mantis – it is in the nature of the man to get off chewing his way through somebody else’s entrails.

  • 24 Nobby_Long // Oct 16, 2009 at 5:45 PM

    Ashley will sell as many assets, inc. players, as he can, remove any non-essential costs as possible….we’ll probably have the players washing their owns kits next…….

    If Ashley is still in charge come January, I really fear for us……there is bound to be more sales….to be replaced by has beens, and never will be’s on loan.

    Does anyone really believe he would be constructively planning & building for a Premier league return???

    If we go up & Ashley is still in charge…..he will try to sell again, at a yet higher inflated price….fail to do so, spend nothing…..recoup the TV money etc, then get relegated again….thus all next season’s addtional revenue will be profit for him to offset his previous losses.

    The bloke simply does not care about football……he cares about dosh…. he will reduce costs to the absolute minimum then could make a profit staying in the Championship.

    For us to now get back & stablise in the Premiership will require investment, and owing to Ashley’s previous losses, I cannot see him doing any kind of major spending at any point in the next few years…….all he is thinking is how can I make sure I don’t lose more money?

  • 25 chuck // Oct 16, 2009 at 5:58 PM

    No investor in his right mind would gamble on purchasing a second tier club with no guarantee of promotion, crap earnings and the immediate need to spend on new faces.
    We have all heard the asking price of one hundred million, that`s it ? no hidden debt ?
    What about the one hundred mill. no interest loan, is Ashley going to eat it ?
    There`s so much speculation and so little real information.
    Two hundred mill. come promotion ? no way Ed.
    In the present economy, probably lucky to get his recent asking price.
    If NUFC were a London club sure,more fashionable , but a club almost three hundred miles from the capital, doubt it.
    Then there`s the off chance of an oil rich Arab
    showing up, or a US billionaire.
    Until then guess we are stuck in a time warp.

  • 26 Bigbadbob // Oct 16, 2009 at 6:33 PM

    Problem with the 100m tag is that the players he sold will have to be replaced at the same price if we get promoted but the price didnt adjust accordingly.
    As for the rich buyers, he had the chance to sell many times but his greed bollocksed that up and also his loutish behaviour in Dubai which killed off any chance he might have had of doing a deal.

  • 27 newcastle29 // Oct 16, 2009 at 10:33 PM

    Bigbadbob. agreed bob, if he had of acted correctly we might well have been in the position man city are in now!




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