There’s some confusion as to where Amanda Staveley’s latest £300M offer stands.
The Financial Times reported yesterday reported they believe the offer is still £250M and PCP Capital Partners will give Ashley a bonus in May (maybe £50M?) if Newcastle are still a Premier League club by then.
The two sides are trying to work out a structure for the deal should Newcastle be relegated this season.
As we have learned over the years nothing is easy when working with Mike Ashley, so the deal has not happened as quickly as many fans had hoped for.
However, there is news from Sky Sports that £30M could be made available in January whether the deal is done by then or not.
Amanda Staveley – and Mike Ashley
And that will allow Rafa to bring in some players and maybe sell some players next month.
Transfer money should be made available since it protects Mike Ashley investment of around £262M in Newcastle.
And for PCP Partners it helps them buy a club that remains a Premier League club for next season, and significant funds can be invested in the side next summer.
It is imperative that PCP Capital Partners ensure money is available in January if they are buying Newcastle.
One other complication for Amanda Staveley if she buys the club is whether she can keep Rafa Benitez at the club should we be relegated.
Last season he famously got us straight back up but doing things a second time are fraught with danger for some reason.
Rafa has already “been there – done that” as far as getting promoted from the Championship – he may not want to try to do it a second time.
But this could all turn out well in the end if some of our players can find the form they showed early on in the season and Rafa can get at least three new players during the January window.
But as usual, the Newcastle fans are the ones that suffer the most.
We haven’t had a really good side since Sir Bobby Robson was sacked in August 2004 – that’s a very long 13 years.