There are two pieces of news on the Newcastle potential takeover today – one is in the Times, and the other is in the Mail.
It seems that Staveley is not only trying to set the price of Newcastle if we remain a Premier League club but also what the club would be worth if we are relegated.
This would suggest that even if a catastrophe happens and we are relegated again, Staveley may still want to buy Newcastle as long as Rafa remains as manager.
She could pick the club up cheaply in that case and as long as we could get straight back up she would have a bargain on her hands.
Of course, fans don’t want that to happen, and it would be almost unbearable to be down below again – we went through all that last season, and it was very tough.
The news in the Mail is that the two parties are still arguing on price and the relegation clause – but still talking.
And Staveley believes Newcastle’s value would drop by £125M if we are relegated.
Ms. Amanda Staveley – could become the new face of Newcastle
That sounds about right, so if we are worth around £250M now – it would be half of that if we are relegated.
It could be that Ms. Stavlehy wants to pay Newcastle what the club is worth if we are relegated and alternatively give Mike Ashley a bonus payment next May if we stay up.
That’s not what Mike Ashley wants to hear.
It’s hardly surprising the Mail reports this is a major stumbling block in the negotiations.
They report the threat of relegation isn’t putting Staveley off buying Newcastle, but she wants that included in the offer since it affects the valuation of the club.
The Times today have reiterated that Ms. Staveley sees manager Rafa Benitez as an integral part of her future vision for the club.
If Rafa is somehow fired – she would walk away from the deal – so Rafa is absolutely key to the takeover – but we already knew that.
Our major concern, as we wrote earlier today, is that this thing could drag on for months and be a dark cloud over the team as we try to survive in the Premier League.
We need the winds behind us to survive this season – not growing headwinds – which seems to be the case at the moment.
We are hoping Mike Ashley’s reign at the club will soon be over and we can all heave a huge sigh of relief.