The Independent are reporting that Mike Ashley looks like he may flatly turn down Amanda Staveley’s offer of around £300M for Newcastle United.
The ball is said to be in Newcastle’s court now, and it seems there has been no official response from Ashley, although Newcastle sources have told the Independent the offer is too low.
But maybe that’s just because it’s below Mike’s £380M minimum valuation?
Mike Ashley seems to want at least £380M for the club and the news was broken by the Times last night, and it was reported that Ashley was not happy the news had already been leaked to the press.
Amanda Staveley has said it was not leaked by her people.
But Newcastle fans will not be happy if the owner gets too greedy and wants too much money for the club.
Fans want him out – it’s as simple as that.
Mike Ashley – could delay the deal
If he sells Newcastle United to Amanda Staveley and her Capital Partners group (quickly), then Rafa Benitez will have some big money to spend in the January transfer window, and that can help Newcastle survive in the Premier League this season.
It also sets up Rafa for having a huge summer transfer window when some really big money will be made available to him, and he will be able to add some class players to the squad.
That’s what is sadly missing at the moment.
But there could still be delays if Mike Ashley hedges on the bid which he is likely to do.
So Mike could really damage Rafa’s ability to have a good transfer window in January if he delays the deal – which is likely.
If Mike Ashley does hold out for an unreasonable price, then our fans will not be very happy since he’s been an absolute disaster as the owner of the club for the last 10 years.
Let’s tell it like it is.
Once any bid is accepted there will still be some weeks that need to be spent back in the due diligence phase by the buyers.
But it seems PCP Capital Partners want everything tied up quickly so that Rafa can get some money to spend in the January window.
That sounds very good to us!