Expect Unsolicited Bids For Newcastle United

With Newcastle recovering very nicely from our rough patch recently with 3 good wins in a  row don’t be surprised if some bids come in for the club before the end of the year.

mike ashley 11-5

Mike Ashley – could still sell

And that’s even with the club officially being off the market.

It doesn’t  have to be this year (but this season), but that would allow the new owners to put some cash into new players to ensure promotion.

And with Newcastle now 5 points clear of 3rd placed Cardiff City, and with a better goal difference, which is always worth an extra point.

It’s still early days of course with only one third of the games played, but the guts and spirit the lads showed in the last 3 games, when the chips were really  down, was there for all to see.

We’re proud of them.

And it’s so refreshing after last season’s complete debacle.

The potential new owners will not want to wait too long because they’d still like to get a bargain price from Ashley.

£100M is still a steal, given that Newcastle could be back in the big time in May. We would buy the club but we’re about that much short in terms of ready cash. 😀

If Newcastle continue to do well, then Ashley may just not sell, with the likelihood he could almost recuperate all the money he has spent with the Tyneside club, if Newcastle return to the Premier League in May.

But Ashley seems to never learn, and he has again blotted his copy book yet again with the renaming farce at Newcastle.

Which planet is this guy living on?

And the other big draw to the Newcastle club is our legendary fans, the home gate average is now around 41,478 (we have a running spreadsheet on the numbers), and yesterday’s gate of 43,067 was the second best in England and that has to be a huge positive for any owner.

They can come in and get the average again close to 52,000, with the resultant excellent gate receipts, and then we can always expand the ground that would be St. James’ Park, up to at least 60,000.

We could then have the capacity be the averasge home gate as is the case with the best run club in England – Arsenal.

Pity Arsene Wenger wasn’t a Newcastle fan in his youth. 😀

So it was not too surprising to read Neil Farrington’s piece this morning, saying an American Consortium may bid for the club and travel to Newcastle within the next 10 days.

Neil and I have exchanged notes a few times in the past, and he usually has a solid basis for the stories he puts out, and it helps that he’s a real gentleman.

Some of these stories that will come out in the future could in fact be true,  and we may get  a shock sale of the club.

We hope we get a shock sale of the club.

Howay The Lads!!

17 comments so far

  • Toonmania

    Nov 8, 2009 at 12:42 PM

    Comment #1

    the only shock i think we will get is from the cheap tv he’s putting up, he will probably get a 2nd hand one from some crap club (do scumberland have one??)
    anyway i’ve given up dreaming of a new owner

  • sportsdirect@stjamespark

    Nov 8, 2009 at 12:44 PM

    Comment #2

    i dont think ashley is complicit in this antagonism; no one would deliberately wind up the supporters surely? the problem is that he has carried on the newcastle traditon of going through managers like real madrid: except newcastle are no real madrid. this has caused instability, compensation claims draining club resources and, ultimately, relegation from the premier league.
    there is an element of the fans getting ideas above their stations. ashley is the owner and, in anyones language, has invested heavily on transfers. its the way he’s gone about it. especially the case of dennis wise and the way it he undermined the manager with Xisco.
    ashley has made a decision now: the club is not for sale. numerous suitors have come but none have given the assurances ashley has looked for so he’s taken affirmative action, however much the fans dislike it. they cant argue with the team though: they will almost certainly be promoted.

  • magpie6699

    Nov 8, 2009 at 12:55 PM

    Comment #3

    Sportsdirect@stjamespark –
    Great name – did you make it up?
    Sorry – can’t agree that the club is not for sale because Ashley’s made his decision. He may have taken it off the market – but it will always be for sale. Do you think that if someone put £100 million in cash on the table now that MA would turn it down? I doubt it.

  • Chris F

    Nov 8, 2009 at 12:56 PM

    Comment #4

    sorry Ed, but i’ve never read a neil farrington story which wasn’t a total load of BS.

    the guy makes alan oliver look a picture of journalistic integrity.

  • toonsy

    Nov 8, 2009 at 1:05 PM

    Comment #5

    magpie6699 – Spot on mate. My house isnt for sale, but if somebody put the right offer on the table i’d run with it. Its the same with the club i guess.

    sportsdirect@Stjamespark – So, since when has Ashley invested heavily in transfers? I think you’ll find that he has made a tidy profit out of each of our transfer windows so far as he slowly asset strips the club. Expect more of the same in january!

    Also promotion is far frim being a certainty! We are only a third of the way through the season ffs!

  • Alex

    Nov 8, 2009 at 1:13 PM

    Comment #6

    I agree , Ashley is playing bluff he knows that someone will eventually bid the 100 million . it was taking too long so he has took them off the market to speed the would be new owners up . That is why he has also changed the name of the ground . no new owner would want to change the name and thats why thier is no real deal been done and its sports direct @ sjp . He is trying to panick the would be buyers before a real deal is done and piss the supporters off doing it .

  • Rangerman

    Nov 8, 2009 at 1:57 PM

    Comment #7

    sportsdirect@Stjamespark – So, since when has Ashley invested heavily in transfers? I think you’ll find that he has made a tidy profit out of each of our transfer windows so far as he slowly asset strips the club. Expect more of the same in january!


    He’s hardly asset stripping when he’s putting money in out of his own pocket to subsidise the running costs.

    He hasn’t made a profit every window either, the first window he spent £9 million net, the second window nobody was bought or sold, the third window we spent £5k net (according to the accounts) the fourth window we made a profit but we had to pay for Jonas the following month so it would of been about break even again and then we sold about £20 million worth of players in the summer because we couldn’t afford to keep them, even though Ashley has put the £20 million in every season like he said he would.

    If anyone was serious about buying us they would of by now.

  • fak ed harrisonand his bietch

    Nov 8, 2009 at 2:25 PM

    Comment #8

    bull shit absloute bull shit!

  • wickywoowoo

    Nov 8, 2009 at 3:17 PM

    Comment #9

    This isn’t the first time the blog has said we are 5 points clear of Cardiff but we are actually 6 points clear.

    It’s a pretty obvious error to be repeated numerous times.

  • PapaToon

    Nov 8, 2009 at 5:06 PM

    Comment #10

    I have to Ed the points you have raised in this writing have dont have much wait behind them. Newcastle is not a bargain at 100M regardless of how many games we have won in a row. In the current economic climate businesses are still trimming the fat of their models. ppl are still getting the sack. add to this Newcastle book arent balanced i believe otherwise the asset value of St James Park would be near that least. And because the financials arent great we havent gotten anyone decent bidding.
    And as far as american consortiums are concereed……hmmmm i wonder if it will be the massive us combining together to buy NUFC who still have to pay back the US taxpayers.
    If we were such a bargain im sure warren buffet would have bought us. So this season lets just worry about promotion and then worry about changing owners. PPl like barry moat arent gonna fair better, considering he couldnt get together 80M.

  • PapaToon

    Nov 8, 2009 at 5:08 PM

    Comment #11

    apologise for the missing words and spelling 🙂

  • Ketsbaia

    Nov 8, 2009 at 8:51 PM

    Comment #12

    Bids and negotiations behind closed doors is how it should be done. How many clubs have exchanged hands in recent years? How many were publicly put up for sale? Man U, Liverpool, Chelsea, Man City, Aston Villa? None of them. I half understood the idiot announcing that he was putting the club up for sale after the fans turning on him after KK’s resignation but after that resulting in our relegation there was no need for him to do it again. Seymour Pierce should be sounding out buyers and fielding inquiries, getting bidders to sign confidentiality agreements, inviting preliminary bids, carrying out due diligence, and then inviting final bids.

    Unfortunately Ed, 100million is not a bargain. It may be achievable once we are back in the Premiership but even then that will be a stretch. The books still don’t balance and any buyer will know that they will have to invest at least another 30 million just for us to avoid being in a battle at the bottom half of the table.

    Hopefully someone will offer 80 million during the season and we will get rid of this bumbling idiot…

  • chuck

    Nov 8, 2009 at 9:01 PM

    Comment #13

    Just because he has taken the club is off the market, does`nt mean he would`nt sell to-morrow for the right price.
    Think about it, a bunch of shyster tire kickers are all he has attracted up until now.
    With the resulting instability surrounding any club with the FOR SALE sign out, he has to take it off the market, for stability`s sake.
    Look every dog in the street knows he wants to unload, it`s no secret and if the economy improves we will eventually have a new owner(s)
    And be back where this club belongs.

  • cannybagotudah

    Nov 8, 2009 at 10:28 PM

    Comment #14

    Of course Newcastle United is is a bargain at £100m – it’s a steal at that price. When you think we’re still getting 43,000+ paying customers at each home game (we don’t give 20,000 away free to schools like the mackems do), every where you go around the world you see black and white shirts, we’re one of the first teams picked for TV coverage, member (or former member) of G14, …the list goes on.

    The reason why nobody will buy the club for that is because that won’t be the price you actually have to pay!

    I haven’t seen a single quote yet saying that he was willing to write off the £100m loan to the club he inherited from previous owners and had to pay off. The only people who said that was the newspapers. So I reckon that’s still there.

    I would bet that he has done exactly the same as Gillette did to Liverpool and the Glazier’s did to Man Utd, which is make the club carry the debt of buying it. Add to that little lot (£240million I make it so far) the odd £20m or £10m loaned to ‘keep the club going’ and I bet we’re in hock to Mr Ashley to the tune of £250-£300million. Remeber, he ‘gives’ nothing to the club. It will all go in as a loan.

    Nobody is going to write off quarter of a billion pound sterling! I don’t care what anybody says.

    Something stinks and this is it. There is no way Newcastle United would still be unsold if the price was just £80m for cash – after all some clubs in europe pay that for a single player!

    Think about it – you may think I’m deluded but this is the only thing that makes any sense to me.

  • stuart no9

    Nov 8, 2009 at 11:26 PM

    Comment #15

    you say everybody knows he wants to sell and he would sell tomorrow, in that case i dont understand why moat offered him ,£70m up front with a further £10m in 6 months, he declined the offer, dosnt sound like a guy who wanted to sell the club, to me

  • Chris G

    Nov 9, 2009 at 9:16 AM

    Comment #16

    ‘Which planet is this guy living on?’

    That’s a good question, Ed – I’ve often wondered the same thing myself.

    I thought the most likely location would be the planet U_Anus 😉

  • lesh

    Nov 9, 2009 at 9:25 AM

    Comment #17

    Which planet’s he living on? Uranus!


You must log in to post a comment.