Are Newcastle Really Up For Sale For £150M?

Just when we thought Newcastle were getting some stability at the club, there are reports today the club could be up for sale, for a third time.

Mike Ashley – current owner on Tyneside

There was a report last week that former Chairman Freddy Shepherd was heading a group trying to buy the club,  but that approach was denied by Newcastle almost immediately last week, and the Board also said the club was not for sale.

Before we fall for this story too much, it is in the Sunday Express, and today is a Sunday – which is very often – make up a story to sell the papers day.

But we would hope the Newcastle club would comment on these rumors immediately, to nip them in the bud, because this could be another attempt by the gossip press  to try to destabilize the club, now that they don’t get their sensational stories out of  Newcastle  any more – because of its current if unusual stability.

The news is that three groups, one including former owner Freddy Shepherd, are interested in launching a bid before the January transfer window opens.

The asking price is said to be £150M, but with the total debts at the club said to be £90M, so the total cost of buying Newcastle would be close to a quarter of a billion UK pounds – £240M – and Mike Ashley would recuperate everything he has put into the club financially.

But since that’s  £40M more than New England Sports Ventures recently paid for Liverpool, a club who has won the European Cup 5 times and the English League 18 times, there shouldn’t be too many groups rushing in to buy the famous Tyneside club – if they are after a bargain.

One insider is quoted in the Sunday Express today as saying:

“People are frightened off by the price being quoted for Newcastle United.”

We’ve come to like the stability with Chris Hughton in charge of the club, and in our recent poll,  84% would prefer Mike Ashley to stay in control of Newcastle,  rather than Freddy Shepherd coming back.

Comments welcome.

18 comments so far

  • Thump

    Nov 7, 2010 at 10:36 AM

    Comment #1

    Oh dear… I’ve just read the front page of the News of the World (I know, I know) that Andy has had a few lasses over Uncle Kev’s house and was doing a bit of the white stuff.

    Here we go again…

  • Thump

    Nov 7, 2010 at 10:39 AM

    Comment #2

    I should add they supposedly have a picture of Kev’s table with cocaine on it.

    Seems hard for me to believe though. It’s a Sunday for one and neither Kev or Andy would have been at his place last night, and for something like this for only the Joke of the World to be reporting it seems very suspicious.

    Note: it might be reported elsewhere but my 5 minutes of searching yielded only the NotW site.

  • themole

    Nov 7, 2010 at 10:48 AM

    Comment #4


    This is Papers selling rubbish

    if any good hack would do there home work NESV Paid £300 million plus 55 million to rbs

    any city analyst (good one) Would know these figures

  • GeordieGerman

    Nov 7, 2010 at 10:57 AM

    Comment #5

    Sunday, bloody Sunday.

  • HATEMackems BEN ARFA

    Nov 7, 2010 at 11:03 AM

    Comment #6

    thump , if your going to comment at least get the story right. the paper says neither player took cocaine and unmarried carroll had sex with a woman. nolan didnt. wow shocking stuff.
    all forgotten about once they cross the white line.

  • danf98

    Nov 7, 2010 at 11:20 AM

    Comment #7

    pretty sure it said “newcastle badboy roy carroll” which in all honesty shows how much of a farce this is.

  • microbar

    Nov 7, 2010 at 11:39 AM

    Comment #8

    Is it a coincidence that today is the start of the NOTW Subscription only web site,

  • Thump

    Nov 7, 2010 at 11:43 AM

    Comment #9

    @HMBA: If you’re going to comment at least give me the respect to understand that the headline is the most damaging component of any story – did you not see where I said “I’ve just read the front page”? I’m not wasting my energy to read more verbal diarrhoea by the NotW.

    Have you got shares in the paper, mate?

  • MacToon

    Nov 7, 2010 at 11:44 AM

    Comment #10

    Thought it was £200 mil plus £250 mil in debt for L’Pool!

    Anyway, it’s Sunday, paper’s are filled with rubbish and we’ve got a game today which is alot more important than any made up journo b011oc3s.

  • Timmers09

    Nov 7, 2010 at 12:07 PM

    Comment #11

    How does it work? If you make lies up is it slander? Can’t the club sue every time? Surely if they did that the stories would dry up or the paper go bust. As it seems weird when we have some stability the club is linked with a new owner and or manager either Ashley has pissed off a news mogul(which is possible!) or he starts taking action on these stories. Also 90 million debt what? Ashley has said on numerous occasions any debt is an interest free loan done before the new regulations therefore it doesn’t have to be paid back as he can just wipe it. Or he could ask for it, either way if he pursude it the debt is to him not a bank like liverpools. Anyway here’s to today’s game and f&£k the papers

  • BiffBaffBoff

    Nov 7, 2010 at 12:09 PM

    Comment #12

    If the NoTW had done its research it would have known that Carroll no longer has to stay at Nolan’s house and I believe Carroll has even bought his own place as he got permission from the court to stay in a hotel whilst his new house was getting ready for him to move into 🙂

    This stuff was on the BBC news website a few weeks ago so it just shows what rubbish this is and if i were Carroll / Nolan I would be taking NoTW to court for this…

    Every week they seem to have some rubbish about Newcastle and it really is starting to get quite annoying at how desperately they want to destabilise Newcastle..

  • BiffBaffBoff

    Nov 7, 2010 at 12:11 PM

    Comment #13

    Thats the link the the BBC article stating that Carroll is no longer required to stay at Nolan’s house 🙂

    “But Tynedale Magistrates agreed to allow him to move elsewhere, after hearing he had bought a new home.”

  • Paul Collins

    Nov 7, 2010 at 12:33 PM

    Comment #14

    Why is it there are no rumours from Monday to Saturday then on Sunday’s reporter’s insist on filling newspapers with SHITE?

  • HATEMackems BEN ARFA

    Nov 7, 2010 at 12:34 PM

    Comment #15

    The fact you only read front page and felt the need to comment on it and mention carroll was doing “the white stuff” despite it not actually saying that on front page or the actual article says it all. no shares in notw the whole article freely available online.


    Nov 7, 2010 at 6:19 PM

    Comment #16

    This is typical of the Media bullshite that seems to be appearing on a weekly basis about our club.
    I,me convinced that Ashley has annoyed someone in Fleet street and Carrol is just a scapegoat. The nightclub problem was maybe true as was his dust-up with his former girlfriend.
    A possible solution is a bodyguard with a cam-recorder to keep an eye on him , somebody who is tee-total, trusted at the club , then if anyone tries anything is there a video evidence of exactly what has gone down.
    Its almost as if somebody is going out of their way to dis-credit Newcastle United Football club.

    I am of the opinion that the media is the guilty party here, and don,t believe what i see or read anymore!

    Sod the lot of them! Howay the Lads!

  • Solaidback

    Nov 7, 2010 at 6:29 PM

    Comment #17

    I’m sure the club won’t say anything as it was only last week they came out & said the club wasn’t for sale, so why would they need to do it again!!!!

    Anyways, Cessepool were sold for £300m & were in the bottom 3 when they were brought, we’re not in the bottom 3, in fact, we’re in the top 5, so thats why we worth more…. lol lol 😉

  • moonraker

    Nov 7, 2010 at 7:26 PM

    Comment #18

    Doesn’t matter how many league titles and euro cups Liverpool have won! That was then, and NOW they are no better than NUFC except we have a better ground and lower operating costs and debts.

    Liverpool have to do something about their ground and that’s gonna seriously hinder future investment in players; look at Arsenal!

    We are now ripe for a takeover although I hope now that Ashley doesn’t sell as we are definitely moving in the right direction and the future looks really exciting!
    HWTL 🙂


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