Second Reported Bidder Makes No Progress – Staveley And Ashley Deadlocked – Disaster Scenario Now Possible

There’s an informative article put out by the Telegraph and Luke Edwards, in which they have tried to level set what’s happening with the potential takeover at Newcastle.

There’s been a bevy of new reports over the last week, but the Staveley and Ashley seem to have made precious little progress over the previous two weeks.

It was the Telegraph last week who reported there was a second bidder in addition to Amanda Staveley, but that was not reported much at all by other outlets.

Staveley and Ashley – make love (make that a deal) –
not war

The news today is that the communication with the second bidder has made no progress.

This is some of the Telegraph report:

“As revealed by Telegraph Sport, Ashley had been hoping initial contact from another interested party last week would lead to a rival bid.”

“But those talks have also failed to progress and Staveley’s offer remains the only one on the table.”

“A source close to the talks has told Telegraph Sport that both Ashley and Staveley are refusing to budge.”

“And the deal could be wrecked by the fact neither wants to be seen to buckle as they haggle over a price.”

That could be a phantom second bidder since that news has not been reported widely elsewhere by the press.

The bid between Staveley and Ashley is deadlocked and the only change to Staveley’s offer of around two weeks ago is the money will be paid in one installment up front.

That’s instead of performance-related payments over time.

However, the two parties still seem to be miles apart with neither one willing to back down.

Amanda Staveley has reportedly said she will not walk away from the deal, but the onus must be on her to improve her offer since Ashley did not think the proposal of two weeks ago was a serious one.

Ashley is beginning to question whether Staveley is serious about buying the club, but sources close to the head of PCP Capital Partners group have said she is still keen to buy the club.

There’s a possibility Staveley could walk away, and she could do that even before the end of the year if there is no progress on the deal.

The disaster scenario is we could be left with Mike Ashley as the owner, which is why the next few weeks seem critical if any deal is to be agreed.

Comments welcome.

12 comments so far

  • JackButler

    Dec 6, 2017 at 9:37 AM

    Comment #1

    No one knows what the hell is going on, it’s simply the lying press having a free for all claiming to have the inside tract. Best thing for all fans is to ignore what’s said and written in the press and wait for something official

  • geordiemark

    Dec 6, 2017 at 9:46 AM

    Comment #2

    i don’t think anyone knows anything about the takeover except Ashley and pcb that’s it, i think people are clutching at straws on saying this and that which means bugger all really, the thing is here Ashley is finished here and he knows it big style, Ashley has gambled big time with us over the years and its coming back to haunt him good he deserves it what he has put the club through and us the supporters, i also think that the tax inspectors at the club is just the tip of the ice berg as far as Ashley is concerned really i think hes upset a lot of politicians with his gung ho attitude with them during his mps questions about his tacky company and the treatment of workers there he reminds me of del boy without every paying the full amount of taxes which are due

  • ashleysmate

    Dec 6, 2017 at 9:49 AM

    Comment #3

    I wish the hacks would be honest just for once…I.e. they know sweet fa.

  • ShirebrookToon

    Dec 6, 2017 at 9:54 AM

    Comment #4

    Press are full of shit. They don’t know fcuk all so will put out any old shite just to get clicks.

  • jimmysmith

    Dec 6, 2017 at 9:54 AM

    Comment #5

    OP, he spent what he did in the close season knowing he had the January window to spend further should he need to. I’m sure Rafa will be making it clear to him the need to strengthen, and I’m sure he’s acutely aware we’ve lost 6 in a row. Not to spend would be a death wish, unless you buy into the argument that he’s happy for the club to yoyo between the leagues, and to lose Rafa, which seems a bit far fetched. Being in the epl is the prize, and his desire not to overspend, but spend he surely will, or loan to try and guarantee survival.

  • Geordie-john

    Dec 6, 2017 at 9:55 AM

    Comment #6

    B O L L O C K S !!

  • ShirebrookToon

    Dec 6, 2017 at 9:58 AM

    Comment #7


  • JohnJ

    Dec 6, 2017 at 10:06 AM

    Comment #8

    Quote “A source close to the talks has told Telegraph Sport that both Ashley and Staveley are refusing to budge.” Unqoute

    It would seem to me if both parties wish to make progress there has to be a bit give & take and hopefully meet somewhere in the middle.

    Well that’s what I hope!

  • Christopher Asprilla

    Dec 6, 2017 at 10:10 AM

    Comment #9

    The simple fact is that Ashley’s holding out for 300M and Staveley is stuck at 250M . The whole clause debate Staveley wants it in and so she should but Fat lad wants it out which of course he would. Craig Hope has said in his Mail column today that PCP are refusing to back away and Ashley has come down to 300M all it would only take is Staveley to come back with 300M to get the deal done. We’re 50 M apart plus a clause with both sides still willing to talk. There has to be some common ground and there would be come the summer. Let the pair talk as long as there talking there seems to be willing. Ashley has reiterated he is not taking Newcastle off the market so let him pay the 20-30 million to keep us up and then he may get his 300M without a clause.

  • jimmysmith

    Dec 6, 2017 at 10:18 AM

    Comment #10

    Then of course Ashley is likely to want his 20 30 mill back and some of the telly money he’ll think he’s entitled to. I think his price will go back up to 350 plus should we survive this season and Stavely not buy now.

  • albert albert

    Dec 6, 2017 at 10:54 AM

    Comment #11

    Fear not , we can go to France in January and buy a load of potential duck eggs !!

  • U.S Magpie

    Dec 6, 2017 at 12:33 PM

    Comment #12

    In the words of Sherlock Holmes, Sorry Watson I have no idea what the phuck the papers are talking about. Sherlock retires!!!! In the words of Colombo, when leaving the room he turns and says, one more thing I have no idea what the phuck the papers are talking about!!! In the words of Taggart, I hev ne idee whit thi phuck thi popers air tilking aboot!!!


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