Amanda Staveley GIves Ashley Two Weeks To Accept Offer – Could Pull Out Of Deal

There’s a report in the Times today that Amanda Staveley is still keen to complete the Newcastle takeover before the end of January – presumably, so she can give Rafa some money to strengthen the side and keep Newcastle in the Premier League.

The report also says that Staveley is giving Mike Ashley two weeks to decide on whether he wants to sell Newcastle to the consortium she has put together.

As we have reported the deal seems to be at an impasse on the price with the two sides unable to agree.

And much like the other two times, Mike Ashley has tried to sell the club he has not received the offer he wants for Newcastle.

The Times is reporting Staveley has made an offer of £250M to buy Newcastle with an upfront payment, but it still contains at least the relegation clause in the deal.

With Newcastle having picked up just one point from the last 18 it’s only sensible that a relegation clause is in the offer and it probably wouldn’t be there if Ashley had given Rafa the funds to bring in some decent players this summer.

Amanda Staveley – has given Ashley a take it or leave it offer

Ashley has invested around £262M in Newcastle after initially buying the club for £134M in May of 2007, so he would almost get his money back with this offer.

The Times is saying that Staveley has given Ashley an ultimatum because she will not increase her offer much above £250M with Ashley reported wanting closer to £400M.

It’s reported as a “take it or leave it” offer, and if that’s true we think Ashley will leave it.

As we have mentioned this is looking too much like the other two times Ashley tried to sell the club.

If this report is true and the offer is tunred down then Amanda Staveley could pull out of the deal.

And Ashley could eventually take the club off the market and say he didn’t get any reasonable offers and then stay on as the owner.

Amanda Staveley knows the fans desperately want Mike Ashley out of the club and Staveley in as the new owner.

This seems a reasonable attempt to buy Newcastle after the talks have gone on and on – with no agreement even reached on price.

Nothing much seems to have been accomplished over the last two or three weeks.

Ashley will not like this – always assuming the report is accurate – because it seems to have been leaked to the press.

It will be a complete disaster for Newcastle fans and the club itself if Ashley does not accept this offer.

Its the first and only offer he has received, so Amanda Staveley is at least honest in wanting to buy the club.

Ashley could eventually take the club off the market and remain as the owner.

That could happen.

What do you think?

Comments welcome.

21 comments so far

  • jimmysmith

    Dec 5, 2017 at 8:41 AM

    Comment #1

    250 with a relegation clause! No chance, Can’t see this happening if there is any truth to that. Newcastle is surely worth far more to Ashley than 250 million because of the exposure and telly money, whether he wants to move into the property market in the city or not. It’s simply not enough.

  • TudorCrisps

    Dec 5, 2017 at 8:44 AM

    Comment #2

    Sorry like but almost make his money back?! He’s had that back three fold

  • expatmag

    Dec 5, 2017 at 8:46 AM

    Comment #3


    Last thread re Rafa, I am 100% with you on this. Or else why did she meet with him after the Liverpool game.

    He probably kbows everything bar 1 thing……..whether Ashley will eventually agree to sell.

  • Jib

    Dec 5, 2017 at 8:49 AM

    Comment #4

    Nobody was being pedantic
    Just explaining it’s not just
    the newspapers but the web
    and tv and radio
    And it wasn’t my feelings about it
    I was emphasising no-one knows
    diddly squat.
    With regard to the cricket
    It is obviously another sport
    you don’t know much about
    crowing after 2 hours in a 5 day test
    is so childish
    An Aussie collapse was always on the cards
    Draw written all over it now

  • terencelim

    Dec 5, 2017 at 8:50 AM

    Comment #5

    Can’t see him selling. Too many plastic fans still attending the matches week in week out.

  • expatmag

    Dec 5, 2017 at 8:54 AM

    Comment #6


    It wont be a draw. There is still a full day to play.

    I am going for a pommie collapse tonight with our quicks finishing you lot off early tomorrow afternoon our time

  • magscar

    Dec 5, 2017 at 8:57 AM

    Comment #7

    The number of match going fans is of less concern than the obscene amounts of Sky money the club can pocket. Oh and those “plastic” fans are probably who you can thank for keeping Rafa around 🙂

  • expatmag

    Dec 5, 2017 at 8:58 AM

    Comment #8


    As for an expert in sports, you dobt have a clue about me. You dont know whether I played professionally or not, coached professionally or not, where, when or how.

    I would not have the ignorance or temerity to comment on someones sporting prowess, knowledge or expertise without actually knowing them.

    There again……maybe you just had a feeling about me……lol

  • jimmysmith

    Dec 5, 2017 at 8:59 AM

    Comment #9

    Yeah, there are real complications making a true valuation difficult. The telly money due at the end of the year, and ongoing. The real possibility of relegation this season, and ongoing threat of relegation to all clubs other than the big 6, Ashley wanting to keep his advertising. HMRC issues. And yeah, I agree, Rafa and Stavely could quite easily be in bed together, in a manner of speaking.

  • Charlie in the Gallowgate

    Dec 5, 2017 at 9:01 AM

    Comment #10

    be over tonight if the Aussies can swing the ball like England did last night.

    If Ashley ‘loves’ the club and wants to see it and see it succeed then he would sell up – simples!!!
    If Ashley ‘loves’ money then he will turn the deal down not bothering if they get relegated – as I said yesterday and people laughed – could sell the club for £150 – £200 million and take the TV money which for finishing third bottom will be about £125 million
    making him a over £250 million

  • Mag52

    Dec 5, 2017 at 9:02 AM

    Comment #11


    If you think England can hang on for a draw in Adelaide, you probably think Ashley will accept Amanda’s offer of £250 mill.

  • jimmysmith

    Dec 5, 2017 at 9:02 AM

    Comment #12

    Aussies will most likely take another 3 or 4 under the Adelaide lights this evening, and mop up the tail in the morning. England are all but done in this one.

  • expatmag

    Dec 5, 2017 at 9:03 AM

    Comment #13


    3 for 96

    A lot depends on Root…….he needs a big 100

  • expatmag

    Dec 5, 2017 at 9:05 AM

    Comment #14


    JIB is making yet another fool of himself. Have to agree with Jimmy Smith at 12.

  • expatmag

    Dec 5, 2017 at 9:07 AM

    Comment #15


    I doubt anyone would be interested in buying us if we get relegated…….like the last 2 occasions

  • TudorCrisps

    Dec 5, 2017 at 9:09 AM

    Comment #16

    How much wood could a woodchuck chuck if a woodchuck could chuck wood

  • Rotonda heights

    Dec 5, 2017 at 9:19 AM

    Comment #17


    could all be over today. history shows england have never made that many to win and they’ll never hold out if they play for a draw, may as well play a few shots. sad state of affairs, definitely missing stokes and possibly Finn could have been useful. anderson and broad are aging and no outstanding openers or middle order batsmen coming through either. sad to say but hard to see beyond a 5-0 whitewash.

    As for this alleged 250M latest offer, we’ve been fed so many different versions now I’ve lost track! I guess you could add up to another 30M for the tax discrepancies and who knows how much relegation would cost in tangible terms. No way will Ash sell at that, so why waste all this time and money on due diligence. Can’t see rafa walking as he would have to pay 5M to release himself, that’s not small beer, even to him.

  • ascot7

    Dec 5, 2017 at 9:39 AM

    Comment #18

    I don’t agree with Stavely and her price, she is getting a good club and she wants it for peanuts. the deal stinks and Ashley will have to come up with more money for transfers, he is that type of person who is careful with money, but he wants to buy Boston markets, for 30 million, he should invest it in the club. No, Ashley will not sell for that price offered to him. and to have a relegation clause to. his fault also not investing.

  • JP...from The Rock

    Dec 5, 2017 at 10:54 AM

    Comment #19

    Such a waste of time from Staveley. I wouldn’t accept that offer myself, so you can bet your left nut Ashley certainly won’t.

    After all the hype and promise this has been another false dawn and such a pathetic attempt to buy the club if this is infact true. There are issues with the possibility of relegation and such but if Staveley was ever serious in buying us she would have improved her first offer at least.

    Gutted is not the word.

  • Dal

    Dec 5, 2017 at 2:15 PM

    Comment #20

    PCP would be crazy to complete a purchase of NUFC without sufficient time for Rafa to buy the players he needs to ensure we stay in the premier league.
    That means completing before Christmas. To get that done, with all the consents needed from the FA and from the disparate group of investors behind PCP will mean a deal has to be agreed now.
    Ashleys gamble is he maintains NUFC is worth £350m as a stable premier league club, he turns down £250m now, but the club is relegated at which point it is worth £175m with Rafa gone.
    Is Ashley that big a gambler? Yes he is!


    Dec 5, 2017 at 2:33 PM

    Comment #21

    Ashley would be a Fool if he sold for that Price ! 300 Mil would be a good selling price ? I have my doubts if he actually wanted to sell anyway?


You must log in to post a comment.