American Report – Why Now Is The Right Time For Mike Ashley To Sell Newcastle


Sport illustrated had a good report out earlier this week looking at Newcastle United and why it would be a good time for Mike Ashley to sell the club.

It appears that Mike is not willing to invest any more money into the club and that includes the January transfer window so if he’s still in charge may be Rafa has to sell before he can buy in January?

That would not be good.

And it could be one reason potential buyers of the club want to push through a deal quickly, but it all depends on the price Mike Ashley is asking for the club.

The latest was he wants £380M for Newcastle after investing around £270M into the club since May 2007.

Newcastle owner Mike Ashley

Sports Illustrated make some excellent point about the business of buying a club like Newcastle United – who are back in the big time and big money.

Here’s an extract from the SI article:

First of all Mike Ashley, with the help of Rafa Benitez, has managed to get Newcastle back into the Premier League.

This is a huge deal for any potential investors as the Premier League is one of the richest leagues in the world and therefore the most lucrative.

With even more TV funding set to be injected into the league next season, any Premier League club still in the English top flight will be seen as a good investment.

With a world-class manager currently at the helm of the club, in the form of Rafa Benitez, this also gives any potential investor the confidence that they will be in the Premier League for many years to come, without having to make drastic changes.

Newcastle have also started off the season well, but with Ashley saying he’s running out of cash for further investment, from a business perspective it seems sensible to sell the club before he starts losing money.

Losing Rafa Benitez, due to a lack of funding is also possible, which would be catastrophic for the team’s chances of remaining in the top flight.

If Mike Ashley is no longer interested in investing money into the club and therefore presumably not willing to fully support Rafa Benitez, it’s in his best interest to sell now.

While we still have Rafa Benitez at the helm as Sports Illustrated right point out.

It looks like selling before January makes sense to both Mike Ashley and any buyers.

We hope that happens – but of course, anything can happen especially when Mike Ashley is involved.

We have found that out many times over the last 10 years.

Comments welcome.



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77 comments so far

  • Ron Knee

    Oct 7, 2017 at 9:22 AM

    Comment #1

    “With a world-class manager currently at the helm of the club, in the form of Rafa Benitez, this also gives any potential investor the confidence that they will be in the Premier League for many years to come, without having to make drastic changes.”

    Let’s hope so!

    1
  • Mag52

    Oct 7, 2017 at 9:27 AM

    Comment #2

    Sounds encouraging, sounds exciting, sounds like all our Christmases are coming at once, but I’m definitely not holding my breath.

    5
  • jesperfuglsang - capt'n awesome of the lemon crew

    Oct 7, 2017 at 9:28 AM

    Comment #3

    I wonder how many Amanda Staveley articles can be written without actually saying anything new?

    Anyone has a guess…

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

    Oct 7, 2017 at 9:28 AM

    Comment #4

    Morning Ron…

    0
  • Ron Knee

    Oct 7, 2017 at 9:33 AM

    Comment #5

    Morning, jesper!

    0
  • Jib

    Oct 7, 2017 at 9:33 AM

    Comment #6

    Jane
    I think you hit a nerve with Ed
    😉

    1
  • Jib

    Oct 7, 2017 at 9:39 AM

    Comment #7

    jesperfuglsang – capt’n awesome of the lemon crew
    Oct 7, 2017 at 9:28 AM
    Comment #3
    I wonder how many Amanda Staveley articles can be written without actually saying anything new?

    Proof
    (If any were needed)
    that the Danish divi never actually reads the articles
    There’s not one word about Amanda Staveley above

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

    Oct 7, 2017 at 9:46 AM

    Comment #8

    There’s a good article out about Benitez and why he’s happy with Perez…i

    …there’s were also an interesting piece on Perez the other day regarding stats

    0
  • Ron Knee

    Oct 7, 2017 at 9:58 AM

    Comment #9

    “Despite being happy with Perez, the Newcastle boss also confirmed he is looking to add competition in the number ten area in January or beyond. It was one of the areas they failed to land reinforcements in the summer.”

    Sooner rather than later, I would have thought!

    2
  • Jib

    Oct 7, 2017 at 10:01 AM

    Comment #10

    Diamé had better be very careful.
    If it’s proved he instigated the kerfuffle
    with Lascelles and struck the first blow
    he could be suspended with no wages.
    Ashley would love an excuse to do that.

    1
  • Bianconeri

    Oct 7, 2017 at 10:02 AM

    Comment #11

    If he wants a quick sale then reduce the price.Yes get your money back but £90 million profit, greedy man.
    Also what happens with any sale with this HMRC case

    4
  • jesperfuglsang - capt'n awesome of the lemon crew

    Oct 7, 2017 at 10:05 AM

    Comment #12

    Did Lascelles really call Diame lazy? 🙂

    1
  • ashleysmate

    Oct 7, 2017 at 10:10 AM

    Comment #13

    My oh my oh my….hindsight is a great thing….but WHAT have we done, letting Murphy go?

    0
  • Bianconeri

    Oct 7, 2017 at 10:10 AM

    Comment #14

    Jesper apparently so.I just hope Diame didn’t kick him especially with those new range Diver boots on,far heavier than Jacques Costeau’s 😉

    my figures are wrong above it’s probably more than 100 million profit going on what he’s asking,but you get the geest.

    0
  • Jib

    Oct 7, 2017 at 10:14 AM

    Comment #15

    Watching Napoli’s win over Cagliari the other day
    Dries Mertens was very eyecatching
    like a more accomplished Perez
    Interestingly he was Rafa’s first signing for Napoli
    in June 2013.

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

    Oct 7, 2017 at 10:20 AM

    Comment #16

    ashleysmate…what do you mean? You didn’t think that was great deal us…pay £4M and letting him go for £2M

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

    Oct 7, 2017 at 10:25 AM

    Comment #17

    Bianconeri…it would explain why Shelvey broke a finger…those heavy booth hurts like crazy ?

    1
  • jesperfuglsang - capt'n awesome of the lemon crew

    Oct 7, 2017 at 10:26 AM

    Comment #18

    Does anyone know why most phone emojis doesn’t work on WordPress?

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

    Oct 7, 2017 at 10:26 AM

    Comment #19

    They just leave a ?

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

    Oct 7, 2017 at 10:27 AM

    Comment #20

    ?

    0
  • wynsleap

    Oct 7, 2017 at 10:30 AM

    Comment #21

    Sorry Ed, but apart from the fact Sports Illustrated is mentioned for the first time, this article tells us nowt that we don’t already know.
    I’m beginning to have a fear that the news about Amanda Staveley and other ‘non-disclosure’ people will just fade away and die just like our chances of having a good January transfer window.
    It really can be debilitating following this club.

    0
  • Lascelles sells sea shells by the sea shore

    Oct 7, 2017 at 10:31 AM

    Comment #22

    Morning lads, another weekend without domestic football, hows everyone coping thus far?

    0
  • jane

    Oct 7, 2017 at 10:38 AM

    Comment #23

    the sale speculation helps Ashley if he has no intention of selling

    takes the focus off him investing
    excuse for not spending much in January
    all publicity is good publicity
    big pay day at the end of the season
    on-going SD advertising

    engineering the speculation and not stopping maybe is planned.

    in the end when nothing happens he can say ‘i never said i was selling’

    0
  • jane

    Oct 7, 2017 at 10:40 AM

    Comment #24

    i’m really enjoying the internationals. many of the groups are coming to exciting finishes.

    3
  • hibbit

    Oct 7, 2017 at 10:44 AM

    Comment #25

    keep the faith lads this is going to happen

    1
  • Jib

    Oct 7, 2017 at 10:44 AM

    Comment #26

    Jane #24
    That’s awfully cynical

    0
  • expatmag

    Oct 7, 2017 at 10:53 AM

    Comment #27

    HIBBIT

    Keep the faith LADS???????

    What about Jane?……sex change operation mate?

    3
  • toonrobbybobson

    Oct 7, 2017 at 11:05 AM

    Comment #28

    No real detail here bur Ashley does want to buy the distressed sports shops/business finish line thats in America.

    0
  • Jib

    Oct 7, 2017 at 11:06 AM

    Comment #29

    Jane #23 – I meant

    That’s awfully cynical

    0
  • Jib

    Oct 7, 2017 at 11:08 AM

    Comment #30

    Wynsleap – It really can be debilitating following this club.

    It could be worse

    We could be mackems

    😀

    0
  • Jib

    Oct 7, 2017 at 11:13 AM

    Comment #31

    I find this

    22 Birmingham
    23 Sunderland
    24 Bolton

    cheers me up.

    2
  • expatmag

    Oct 7, 2017 at 11:19 AM

    Comment #32

    And is it a coincidence that after all the kerfuffle at Glasgow Rangers, Ashley all of a sudden sold his shares in the club and gave up all prior negotiated revenue rights on SD clothing and equipment at Rangers supporters club shops.

    Maybe the fat git is fed up with football altogether. As far as I am aware, he hasnt attended any NUFC games this season

    0
  • Shadow_Shearer

    Oct 7, 2017 at 11:23 AM

    Comment #33

    Why this is the right time to sell for ashley is cause if he doesnt sell this time, he may not get another buyer

    0
  • AncientC

    Oct 7, 2017 at 11:30 AM

    Comment #34

    I suppose it is possible that Ashley is becoming concerned with all the negative attention. Turn enough people against him, and one of those people may be in a position of power somewhere, that could harm Ashley’s other business interests. Ashley is certainly now in a position where he has a lot to lose, being extremely wealthy. I know if I were that wealthy, I would try to make an enemy out of as few a people as possible.

    It seems Ashley has caught the eye of a few in Whitehall. If he wants to get himself out of the public eye, leaving the ‘goldfish bowl’ would be a good start.

    0
  • Budge123

    Oct 7, 2017 at 11:39 AM

    Comment #35

    Sounds like Ashley needs to make himself cash rich to achieve his other interests.
    Hopefully this sale will actually happen.

    For the first time in what seems like forever there are potential positives everywhere!

    Could be a great few years coming up but we’ve all been here before!

    0
  • Billy Whitehursts V sign

    Oct 7, 2017 at 11:43 AM

    Comment #36

    I reckon Amanda Staveley is Ed’s new Charlie Austin!

    Mind you, she’s definetely an upgrade 🙂

    2
  • Billy Whitehursts V sign

    Oct 7, 2017 at 11:45 AM

    Comment #37

    Las @18 I am bored senseless!

    0
  • The next Mike Williamson

    Oct 7, 2017 at 11:50 AM

    Comment #38

    @Bianconeri
    There’d be about £65-70m inflation on Ashley’s initial investment not to mention the interest he could have accrued on £200m sitting in the bank which would be about another £65-70m. I would say when you factor in the free advertising, he’s looking to break even.

    0
  • Billy Whitehursts V sign

    Oct 7, 2017 at 11:52 AM

    Comment #39

    That would be some fight, Lascelles via Diame, two big lads!
    What was Shelvey thinking jumping in amongst them two? That proves beyond doubt he’s a true heed case!!

    1
  • Ron Knee

    Oct 7, 2017 at 11:56 AM

    Comment #40

    No good deed goes unpunished.

    2

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