Reports – Staveley Offered Around £300M Last Week For Newcastle – Take It Or Leave It


The Times are reporting today that an offer was made for Newcastle United last week by Amanda Staveley and her PCP Capital Partners group.

It looks like she bid around £300M for the club but that seems to be a take it or leave it offer to current owner Mike Ashley.

It appears that Amanda Staveley is not willing to negotiate on the price.

Amanda Staveley – did he say yes?

Here’s some of that was reported in the Times today:

Sources close to the negotiations suggest that the offer, which was made at the end of last week, is “take it or leave it”, although it remains to be seen whether this is the case.

As of last night, Staveley, 44, was awaiting a response from Ashley’s representatives, who are said to be disappointed that details of the bid have been made public.

And here is a tweet from Peter Graves of Sky Sports saying essentially the same thing:

So that exclusive last week in the Star which said Newcastle could be sold last week was somewhat accurate in that an offer seems to have been made for the club.

The next few days should be interesting to see if Mike Ashley accepts the bid – if he rejects the bid then we don’t really expect Amanda Staveley to walk away from the deal.

But that’s one thing you always have to be willing to do in any negotiations – simply walk away from the deal.

We’ll have to see if that happens.

It seems like it’s now up to Mike Ashley now – as always.

Comments welcome.



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14 comments so far

  • martoon

    Nov 21, 2017 at 8:26 AM

    Comment #1

    A bit slow with this news Ed 🙂

    0
  • ShirebrookToon

    Nov 21, 2017 at 8:27 AM

    Comment #2

    Well he’s accepted it but he’s got conditions about his advertising and his instalments

    3
  • hibbit

    Nov 21, 2017 at 8:29 AM

    Comment #3

    Slank
    as i said earlier Don’t underestimate Amanda Staveley and PCP Partners this deal will go through

    6
  • toonincheek

    Nov 21, 2017 at 8:30 AM

    Comment #4

    I can understand MA being unhappy that the news
    of the bid has been leaked, but I reckon it will put all
    the more pressure on him to accept – subject to some
    add-ons.

    0
  • Tinman

    Nov 21, 2017 at 8:36 AM

    Comment #5

    For 44 she is a fine piece of ass mind

    7
  • jimmysmith

    Nov 21, 2017 at 8:38 AM

    Comment #6

    “Take it or leave it.” Ed’s been tokng on the crack pipe again. Bit melodramatic.

    0
  • Markaccus

    Nov 21, 2017 at 8:45 AM

    Comment #7

    Morning all. Not had time to comment recently but this news is deffo worthy of a few words. Great news if it goes through.

    So simplistically put…. 300 mill plus 80 mill free advertising? Well, at least he’d be KIND of paying for it this time!

    0
  • Jail for Ashley

    Nov 21, 2017 at 8:48 AM

    Comment #8

    Why would he not accept for the sake of 80M, he has to put that in for transfers over the next 7 months, he’s backed himself in to a corner and stands to lose a whole lot more if he stays, I don’t think people can stomach another era with him in charge.Rafa will be like the pied piper of Madrid and take about 25K mags with him.

    0
  • Sav

    Nov 21, 2017 at 8:54 AM

    Comment #9

    On good authority, Mashley is holding out for SD advertising, a box of Greggs pasties and a Llambias-style pitch streak by the prospective new owner.

    2
  • Frank pingles come sock

    Nov 21, 2017 at 8:55 AM

    Comment #10

    In ‘Shire’ we trust !!

    You still think tommorow for press release ?

    1
  • Frank pingles come sock

    Nov 21, 2017 at 8:57 AM

    Comment #11

    Hibbit

    Do you know who new owner will be ? If not Amanda ?

    1
  • martoon

    Nov 21, 2017 at 8:57 AM

    Comment #12

    There seems to be conflicting reports about the bid amount some say £300m and some say considerably less. However I’ll believe the mother of all ITK’s that is ShirebrookToon.

    0
  • Slank

    Nov 21, 2017 at 9:15 AM

    Comment #13

    Frank pingles come sock

    I would have thought that the FA and/or Premier League would know who the real future owners are as, presumably, they have to be vetted by them and presumably before they actually become the owners as otherwise what’s the point !

    I’m assuming Ashley knows as well.

    0
  • Slank

    Nov 21, 2017 at 9:20 AM

    Comment #14

    martoon,

    I think the figure depends upon how it is presented.

    The buyer will probably quote the highest price even though there are conditions in various clause depending upon the circumstances in the future, eg relegation, advertising etc

    The seller will probably ignore the various clauses and only look at the offer price minus all the clauses.

    0

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