Amanda Staveley wanted to buy Newcastle this year, so she had enough time to furnish manager Rafa Benitez with significant funds to bring in new players this month.
The latest offer reported in the Times seems to be for £250M and would be only £50M short of what Mike Ashley wants for the club.
The Times and others are reporting they believe Ashley would sell for a straight £300M and that would allow him to get the £262M back that he has invested in the club.
But it’s now only 25 days until the month-long transfer window will open on New Years Day, and it looks doubtful that Staveley can do the deal before even the end of January.
She could continue negotiating with Ashley and do a deal later than January and by then it should be clearer about Newcastle’s possible relegation.
Given that Staveley does not have time to buy the club and invest in new players in January she has an option to call off the negotiating and wait until the summer.
Amanda Staveley – will she walk away from deal?
That would solve her problem about Newcastle’s possible relegation.
If the Magpies are still in the top tier, she could buy Newcastle and have plenty of time to give Rafa Benitez both a new contract to keep him at Newcastle and some significant transfer funds to bring in some very good players.
That would seem a good option for her – other than just walking away from her interest in buying the club – or keep plodding on.
Of course, the best option is that she can agree on a deal now and have time to invest in the squad in January – but we don’t think that will happen.
One problem with waiting for the summer is that Mike Ashley seems to want to sell the club now and he may change his mind by next May especially if Newcastle have done reasonably well in the Premier League by then.
But that delaying move by Staveley would leave Newcastle exposed to relegation since it’s unlikely that Ashley will give Rafa decent funds to spend in the January transfer window.
He should be keen to do that to keep the potential sale of the club alive to PCP Capital Partners group.
However, he has never shown much football wisdom in the past.
It would be a gamble for both Staveley and Newcastle United FC if she was to wait to buy the club.
And she may not want to do that, and as we all know Staveley could simply walk away.
That would break the hearts of Newcastle fans everywhere.