It Makes Sense – Buyers Are Interested In Newcastle And Benitez Keen To Stay Long Term


We had heard last week that Newcastle had signed non-disclosure agreements with some potential investors as they started doing some due diligence looking at the club’s financial books.

Press Association Sport is now reporting Newcastle have already held some initial meetings with the would-be buyers, so the acquisition process is progressing.

The report indicates that no deal is imminent but with some buyers interested it may quicken the process and the next step would be one of the buyers making an official bid for the club.

The last we heard on the price was that Mike Ashley wanted £380M and with the money, the Premier League clubs get from TV rights – anywhere from £100M to £160M – that’s not too bad a price in our opinion.

Don’t forget the TV rights are expected to increase once the next three-year agreement is reached and the games seem more popular than ever around the world.

Newcastle spent only a net of £12M in the summer although it looks like money will be made available in January.

Newcastle are also making an attempt to tie down Rafa Benitez and his coaching staff to a long-term deal.

And Rafa has recently said positive things about wanting to stay long-term at Newcastle.

This all makes sense and Rafa said he has talked to the Newcastle hierarchy recently, and one thing they will have told him is that there are buyers interested in Newcastle United.

PA Sport are reporting the buyers are at different stages of the acquisition process.

If we do get a wealthy and ambitious new owner and with Rafa the manager at Newcastle United there will be nothing to stop us becoming a top club in Europe.

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7 comments so far

  • Jail for Ashley

    Oct 1, 2017 at 7:27 AM

    Comment #1

    Pleeeeèèeeeease

    3
  • jazzyp

    Oct 1, 2017 at 7:37 AM

    Comment #2

    I’ll second that Jail.
    I’m confused why Ashley would make money available for January tho when he hopefully has sold the club.

    Like I’ve always said.. we want owners that care and share the passion of the fans and we might actually achieve something,Rather than fearing the worst all the time

    2
  • jesperfuglsang - capt'n awesome of the lemon crew

    Oct 1, 2017 at 7:40 AM

    Comment #3

    Morning Jazzyp…

    Are you going to the game today?

    The trouble with these rich consortiums from countries known to white wash money is that it’s because of the game or the fan base they buy a footballclub

    3
  • Jail for Ashley

    Oct 1, 2017 at 7:49 AM

    Comment #4

    Jesper,
    As long as they’re not doing anything illegal, don’t relegate us (twice) don’t openly admit to not wanting to win a cup, don’t deliberately target 8th cough cough 17th, don’t change the name of the stadium, don’t upset club legends, don’t hire ex members of the crazy gang or casino managers then I think a consortium would be ok.

    15
  • jazzyp

    Oct 1, 2017 at 7:53 AM

    Comment #5

    Jesper

    Morning mate
    Unfortunately I’ve gotta finish a job off so won’t be back till 3.Next time I’m up is for the Palace game.
    I understand bringing in new owners is a step in to the unknown and should be met with a certain amount of intrepidation.But we are going to achieve nothing under the current regime apart from abject failure to secure anything of note.
    Personally mate I’m willing to take that risk

    0
  • jesperfuglsang - capt'n awesome of the lemon crew

    Oct 1, 2017 at 8:02 AM

    Comment #6

    *should read it’s not because of, but you probably got that

    0
  • jesperfuglsang - capt'n awesome of the lemon crew

    Oct 1, 2017 at 8:06 AM

    Comment #7

    Jazzyp…we are most definitely going nowhere with our current owner…

    …it’s just when I look at the PL and the clubs who are owned by these dubious rich consortiums and conglomerates there’s really not many I envy…

    …but if look a clubs in Germany you do get a bit envy 😉 just saying!

    0

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