When any deal is at an impasse one of the things that are preventing the deal going forward could be that neither side wants to lose face by backing down.
That’s especially true now when you have two experienced negotiators in Amanda Staveley and Mike Ashley unable to agree on a deal for Newcastle.
The latest we have heard in the press is that Amanda will offer £250M for the club in one single upfront payment.
What Mike Ashley wants is not clear, but in the Mail, there was a report a day or two ago that said he would be willing to accept £300M at a minimum.
Ashley has invested £262M in the club, and at the very least he will want his money back.
In cases like this one solution is to just split the difference – do a binary chop.
Mike Ashley and Amanda Staveley – currently deadlocked
In other words, if Ashley reduces the lowest bid he will accept to £275M, and Amanda Staveley raises the amount she will offer by £25M a deal could possibly be struck at around £275M.
That would allow Ashley to recuperate his total investment in Newcastle and could possibly enable the deal to go through quickly too.
There is still the problem of possible relegation, but that possibility recedes if Rafa can get good players in during January.
Staveley is reported to have some player investment in January in her latest offer, and that meets a Mike Ashley requirement that he wants the new owner(s) to invest in the squad.
Something we should say that he rarely did as the Newcastle owner.
If the deal could go through quickly, it’s possible Rafa could get significant money to spend in January – certainly more than he is currently expecting.
But it’s always tricky to know exactly what the sticking points are in the deal when you don’t know the details of what’s really going on.
But a price of £275M could possibly be agreed between the two sides, and that would help put the fans out of their misery.
Mike Ashley cannot hold out for a figure that is unrealistic.
Amanda could move in quickly to take over the club and help Rafa fortify the squad in January as her first action as the new Newcastle owner.
But first things first we need 3 points on Saturday.