Liverpool Deny Turning Down £1.5B Offer To Sell Club – Publicity Will Help Newcastle Sale

There was a report in the National yesterday that Liverpool owners Fenway Sports Group (FSG) last month turned down a £1.5B bid from an Amanda Staveley led consortium of Arabian Gulf and Chinese investors.

The National is based out of Abu Dhabi and so is Ms. Staveley.

And if the report is true it would mean Liverpool owners FSG would have made a £1.2B profit on the club in its six years of ownership.

But Liverpool Chairman Tom Werner has come out quickly and denied the report.

Tom Werner – Liverpool Chairman

This is what Werner has said today as reported in the Independent:

“We have better things to do than batting down rumors about negotiations with Ms Staveley.”

“However, there’s no truth to them.”

The basic story was that Amanda has been negotiating to buy Liverpool for the last 18 months but that Liverpool turned down the offer last month because they thought the club was being undervalued.

Here’s our report on the potential deal.

There are a number of positive things in the report for Newcastle.

Premier League clubs will make really big money over at least the next six years with the TV rights for broadcasting the games likely to skyrocket during that time.

The National report has said that Amanda Staveley is now trying to buy Newcastle United for £300M.

Her company is in the due diligence stage of things when the would-be buyers take a deep dive and look at the financials and how the club is positioned to perform in future years.

The due diligence phase in any takeover or merger can last anywhere from weeks to many months.

The National report will also give publicity to Newcastle that owner Mike Ashley is willing to sell the club quickly, and that Newcastle are positioned to do very well in the future under world-class manager Rafa Benitez.

We are also currently 7th in the Premier League table – two places above Liverpool.

11Crystal Palace38-1044
13West Ham38-2042

Newcastle United could be an excellent acquisition for investors and now is the time to buy before the really big TV money starts to arrive in less than two years.

Let’s just hope Ashley still wants to sell the club given that PL clubs’ values over the next six years will likely skyrocket.

What do you think?

Comments welcome.

26 comments so far

  • Lindisfarne

    Oct 27, 2017 at 10:01 AM

    Comment #1

    Who blinks first

  • kakaobi

    Oct 27, 2017 at 10:07 AM

    Comment #2

    It all depends on how badly Ashley wants out, hopefully he wants to buy rangers and he’ll be out quick

  • Jail for Ashley

    Oct 27, 2017 at 10:08 AM

    Comment #3

    I’m going to have a fiver on Lpool Hudders draw, Brighton Leicester draw, Watford Stoke draw us to win and a random one to win, I should really have Swansea to beat Arsenal but it’s not going to happen.

  • Jib

    Oct 27, 2017 at 10:24 AM

    Comment #5

    Interesting to note Amazon’s interest in the PL
    10 times the size of Sky
    The Murdochs must be worried

  • Vask

    Oct 27, 2017 at 11:16 AM

    Comment #6

    Anybody notice or comment on this wee update in the Stavely saga:

    London Evening Standard Spy column, Monday:

    Is Amanda Staveley really going to buy Newcastle United as reports suggest? There’s some City scepticism, not least because her £1bn legal spat with Barclays is gearing up again.

    One cynic told Spy that the timing is certainly helpful, reminding the judge that she’s “internationally recognised as one of the world’s leading financiers” as the latest court date with the UK bank looms.

    Spy wonders whether the Toon Army should get itself into too much of a lather.

    Perhaps this Liverpool story confirms the truth of the second to last paragraph.

    What do people think?

  • Lindisfarne

    Oct 27, 2017 at 11:16 AM

    Comment #7


    Did you ever make it to Angels back in the day?!

  • Chancel be a fine thing

    Oct 27, 2017 at 11:17 AM

    Comment #8

    Leazes flags have a selection of flags and are organising a fan’s vote to see which they will make.

  • Rotonda heights

    Oct 27, 2017 at 11:21 AM

    Comment #9

    I wonder if facebook will want a slice in years to come. Surprised Bill gates didn’t get involved either.

    I’m excited but ashley is so perversely unpredictable, ie in shay given’s words ”likes to p—s the fans off” the tension is too tight to call whether he’ll do everyone a favour and exit stag left, but the alternative is too horrible to contemplate.

  • Rotonda heights

    Oct 27, 2017 at 11:24 AM

    Comment #10


    We have to cling to the hope that one day something good will happen for NUFC fans. They say patience is a virtue and all the other cliches we can trot out like ”it comes to he who waits” etc. Well I’ve been waiting for 47 years!

  • Hooded Claw

    Oct 27, 2017 at 11:37 AM

    Comment #11

    not convinced on anything yet, expecting the worst

  • martoon

    Oct 27, 2017 at 11:49 AM

    Comment #12

    Lindisfarne @7 No, I can’t say I’ve heard of that to be honest but many trips to Haworth – Bronte Land 🙂

  • wynsleap

    Oct 27, 2017 at 11:56 AM

    Comment #13

    I’ve supported and watched (all over) this club for 60 years and in all that time have seen a Fairs Cup win and the exciting Keegan years. As for the rest – disappointment and embarrassment all the way, from thumping Wembley Final defeats, relegations and the last disastrous and gut wrenching ten years of Ashley’s tenure and all his stupid appointments and decisions. I have every sympathy with Rotunda Heights and Hooded Claw. Good news just never seems to fall our way.
    Maybe, however, this IS our time in the sun. The alternative will not look kindly on Ashley as I think the problems in Catalonia would appear mild in comparison to what would lie in store for him.

  • Hooded Claw

    Oct 27, 2017 at 12:00 PM

    Comment #14

    i too have seen it all wynsleap , i fear it just is all a ruse

  • Mister Tuff

    Oct 27, 2017 at 12:37 PM

    Comment #15

    wynsleap – snap -me too.

  • Mister Tuff

    Oct 27, 2017 at 12:45 PM

    Comment #16

    jesper – if you’re knocking about – a little bit to add on the history front.
    Normans were indeed originally “Vikings”. They were raiding France and the King of the Franks gave them some land -in an effort to stop their pillaging/murder/rape – (Normandy).
    An etymology search reveals that the word Norman is a contraction of the word norseman.

  • hibbit

    Oct 27, 2017 at 12:46 PM

    Comment #17

    every right to be apprehensive lads but this sale will go through 100% guaranteed before the next window opens

  • Wayayman

    Oct 27, 2017 at 12:49 PM

    Comment #18

    Surely this Liverpool bid is rubbish? Even a mega-rich tycoon wouldn’t turn down over a BILLION quid profit in a business they aren’t really interested in? Can’t help but think this is all just hearsay and people meddling to try to disrupt what is really going on.
    I do have massive doubts that we will get rid of Ashley though. Something just doesn’t add up but i can’t put my finger on it. Desperately hope to be wrong though.

  • Mister Tuff

    Oct 27, 2017 at 12:57 PM

    Comment #19

    £1.5 billion for Liverpool – cannot believe that at all. Might be just journos/ill informed people getting it wrong and the reality was that this bid was less than that.
    Not really happy that we appear to be second on Staveleys list of clubs to purchase.
    I suppose if we end up like Man City – I do not really care these days – appart from some fans/most fans there is not much local loyalty in football now anyway. Cash reigns supreme.

  • hibbit

    Oct 27, 2017 at 1:07 PM

    Comment #20

    Mister Tuff @19

    could the same not apply to us being second choice…………… journos/ill informed people getting it wrong and the reality was that we were always first choice and the media actually don’t have a clue

  • Vask

    Oct 27, 2017 at 1:25 PM

    Comment #21

    BBC are reporting that Chelsea are looking to buy an immobile striker for 53 million.

  • Mister Tuff

    Oct 27, 2017 at 1:26 PM

    Comment #22

    hibbit – like with a lot of these things – we probably never get to see what is really happening. Never really looked in detail about the alleged Liverpool offer – just the headlines. Seems plausible/probable though – do you not think.

    As for “local teams” representing your area/city/region – I’ve ditched that dream some time ago – it’s all about the money now. If you can’t beat ’em join ’em.
    But if you have a team doing well it does boost the spirits of the local population.

  • LGFUAD21

    Oct 27, 2017 at 1:47 PM

    Comment #23

    Just out of interest. What’s are people’s thoughts on this

    New owners come in. Invest in the team but a few years down the line our stadium rights are sold and ticket prices have risen.

    It’s just something I can see potentially happening and want to gauge the reaction.

  • LGFUAD21

    Oct 27, 2017 at 1:50 PM

    Comment #24

    I’ve heard some pretty positive things about the potential for a deal to go through. I never claim to be itk and neither does my source but He says he knows something to be optimistic about and he’d probably know before any of us would given.

    He wouldnt reveal much. Just said exciting news ahead.

    It sounds like it’s down to Ashley and how much he wants out vs how much he wants to profit.

  • Chancel be a fine thing

    Oct 27, 2017 at 2:22 PM

    Comment #25

    this is on the Mark Douglas facebook page:
    Had an interesting lunch this week with a journalist from the National in Dubai (the source of the latest Staveley/PCP Partners takeover talk). The National was formerly owned by the Abu Dhabi royal family (through its Abu Dhabi Media arm) so their contacts in the Emirati business world are pretty much spot on. An important point: they would not be chasing this story if there wasn’t some fairly sizeable interest from some big players in Newcastle United.

    The £300m price tag PCP/Staveley have put on NUFC suggests there is work to be done on a price but the word from the Gulf is that there is confidence and belief that a deal can be done – as well as a real resolve to tap into the potential of Newcastle United. So far, so exciting for Newcastle fans.

    What we don’t know yet is: where the money for the bid is coming from (Staveley most likely doesn’t have £600m disposable income – or the willingness to invest that kind of money in Newcastle) or quite where Mike Ashley’s head is at with it.

    Another point (and one I’ll be expanding on in a piece over the weekend) the Premier League have rules and regulations surrounding takeovers. If any bid is imminent, the PL would have to be informed as they have several checks that need to happen (and can take weeks or even months to go through). So far, the Premier League haven’t been contacted.

    But feeling pretty confident that we’re moving towards the situation where a Newcastle United takeover feels more likely than not before the New Year window.

  • bettyswallocks

    Oct 27, 2017 at 2:24 PM

    Comment #26

    Mister Tuff raises an important question. Would we derive more satisfaction from developing realistically priced, well scouted young players or indeed home grown talent , as unlikely as this may be, or having a money no object owner to pay over the odds to buy a team that would then be expected to win things.

    Leicester’s achievement immediately springs to mind and makes it a remarkable achievement with a low budget team. However us as fans have been so starved of success and a real quality team for so long that I would have no hesitation in opting for option B!


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