This Is What’s Potentially Happening With The Amanda Staveley Acquisition


Amanda Staveley’s company, PCP Capital Partners, have been into a deep dive on Newcastle’s financial books over the last few weeks.

And the next step, if Amanda is to buy Newcastle, will be to agree on a price with owner Mike Ashley.

Amanda’s group thinks Newcastle are worth £300M while Mike Ashley wants at least £380M and perhaps more, but he has said he is willing to accept staged payments to help the buyers.

Ashley wants the new buyers to make a big investment in new players and wants the deal completed before the end of the year.

That’s so Rafa, and the recruitment team has enough time (and money) to bring in a bevy of new players.

Amanda Staveley – new owner of Newcastle?

Yesterday there was a report in the Asian outlet Semuanyabola that Mike Ashley had accepted a £300M bid from Staveley and her PCP partners and wants the deal done by December.

And there is also an exclusive in the Star that reports the deal is to be completed this coming week.

Let’s hope that’s true.

Why wouldn’t we be hoping the news is true?

The situation could be that a price has been informally agreed between the two parties so that the deal can proceed.

The next step would be that Amanda and her group of investors will now lodge a formal bid to buy Newcastle, knowing that Ashley will accept that bid since the structure of the deal has already been agreed by both parties.

Hopefully…..that’s true.

The details would then have to be sorted out quickly with the goal being that ownership changes hands before the end of this month.

Yes, there is some real skepticism from fans at the two reports, but we hope and actually believe there could be some truth in the news.

We hope there is some truth in the news.

🙂

Comments welcome.



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9 comments so far

  • Jail for Ashley

    Nov 13, 2017 at 9:19 AM

    Comment #1

    smileypooemoji!

    2
  • lochinvar

    Nov 13, 2017 at 9:22 AM

    Comment #2

    Doubt the deal will be done this week as the 27th isn’t until 2 weeks hence and in Shirebrook we trust. However if a deal is done before then Shirebrook will I’m sure like the rest of us not take offence and quietly celebrate the moment with a sherbert dab and a Lucozade. His excuse for muddling the dates will I’m sure be due to changing weather patterns misaliging planetary aspects and clouding his horoscope. Shit happens but sometimes for all the right reasons.

    3
  • lochinvar

    Nov 13, 2017 at 9:26 AM

    Comment #3

    * sherbet

    0
  • Jib

    Nov 13, 2017 at 9:36 AM

    Comment #4

    *misaligning

    3
  • ShirebrookToon

    Nov 13, 2017 at 9:37 AM

    Comment #5

    Unlikely to happen in the next 2 weeks with 2 bidders at the table.

    Lucozade and a dip n dab. That’s my lunch sorted for today 😆

    3
  • Lascelles sells sea shells by the sea shore

    Nov 13, 2017 at 9:45 AM

    Comment #6

    Shire took

    You say there are 2 bidders at the table, is there a unknown dark horse competing with PCP even at this stage?

    0
  • Sav

    Nov 13, 2017 at 12:11 PM

    Comment #7

    The only thing that is clear about the sale of Newcastle United is the club is even with the new TV deal coming down the track very soon it is not quite the goldmine some of us think it is. Even the potential free advertising currently occupied by Sports D. on the stadium hoardings, which has so many fans antagonised, is not attractive enough to impel buyers to take Ashley’s hand off. Unlike Ashley, they are not prepared to take an enthusiastic punt on us. It seems, having studied the books and weighed up the potential, new owners making money out of our club is certainly not guaranteed. If potential buyers exist at all, they are still sniffing the air, studying their tea-leaves and keeping their hands firmly in their pockets for now. Maybe if our U-23s and U-18s could buy a win it would be a more attractive proposition for the future but a serious overhaul of the academy will have to be a priority for anyone taking over.

    1
  • Dal

    Nov 13, 2017 at 2:52 PM

    Comment #8

    I am keen that Ashley sells. He has run out of interest, ideas, ambition and money. But I want him to sell to a better owner. Ashley has by luck more than judgement got a premier league club with a huge manager.
    How do we know Amanda Staveley and her investors will be better than Ashley?
    She has never owned a significant business, or managed one, has never owned a football or any sports club. She has limited money, so after buying the club she will be in debt to the banks with no extra cash for transfers.
    We do not know who her investors are.
    Does anyone know what the new owner will be like?

    4
  • Big Archie

    Nov 13, 2017 at 4:51 PM

    Comment #9

    What we need to keep sight of in all this is that the only actual “fact” so far is that Stavely’s group have signed an NDA with MASH.

    The rest is pure speculation.

    2

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