Takeover Talks Reported Close To Collapsing – Ashley Confident Of Other Buyers

The Sun are reporting today the deal to sell Newcastle United to Amanda Staveley and her PCP Capital Partners is still in deadlock and is now in danger of completely collapsing.

We have heard very little in the last few weeks about the takeover as the two parties have been unable to agree on a selling price for the club, but the Sun reports they are still £50M apart on agreeing a price.

Mike Ashley is still refusing to sell for less than £300M, and he is currently out of the country on vacation, and it seems Amanda Staveley and her PCP Capital Partners group are unwilling to bid more than £250M.

So from what we can tell there’s nothing much new in the Sun report other than the talks may collapse – but that’s was always possible when a deadlock on price exists.

Staveley is worried about relegation, but that could quickly be alleviated in January if we can win our next three league games against Brighton, Stoke, and Swansea.

Mike Ashley – confident of new buyers?

The report says that Mike Ashley is confident he will get other offers, but he shouldn’t hold his breath.

With Newcastle fighting relegation and the reality being that we could become a Championship club next season for the third time since 2009 that will put a number of would-be buyers off.

The other thing now is whether Ms. Staveley will still be interested in funding some transfers next month for Newcastle, so we have a chance of surviving in the Premier League.

It wouldn’t seem so if this is accurate reporting by the Sun and the talks are close to collapsing.

If Newcastle don’t sign any new players by mid-January that probably is indicative there isn’t much money available from Mike Ashley – which is hardly new news.

He has given Rafa a net of £19M in transfer funds this year which is why we are now fighting relegation once again.

If he has any sense he will realize his investment in Newcastle is at great risk and therefore will give money to Rafa next month to improve the squad.

But you never know with Ashley – he seems to have no football brain.

If no sale happens it will be typical Mike Ashley, and he can then say he didn’t get the price he values Newcastle at and then he could even take the club off the market.

If that happens, it’s terrible news for the club – but we would also take this report with a pinch of salt.

But if Ashley is still the owner come the summer – we expect Rafa Benitez to leave Newcastle if another club comes in and pays the club compensation for breaking his contract.

What do you think?

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Comments welcome.

21 comments so far

  • martoon

    Dec 30, 2017 at 8:33 AM

    Comment #1

    If they’re that far apart what was the Indian meal all about?

  • catchy in norway

    Dec 30, 2017 at 8:34 AM

    Comment #2

    what is the point tally you all expect out of the next 4 games?

    are we expecting to win our home games?

    what is your thoughts on Luton coming up and beating us? as they are flying in L2 and destroying teams down there. would you be surprised if they beat us?

  • Reilly

    Dec 30, 2017 at 8:34 AM

    Comment #3

    its from the sun.

  • Lindisfarne

    Dec 30, 2017 at 8:35 AM

    Comment #4

    Every last penny, that is what Rafa will be getting for transfers, pennies.

  • catchy in norway

    Dec 30, 2017 at 8:37 AM

    Comment #5

    This is fake news IMO, Transfer window coming up, try and make it look like fat man is staying as everyone knows he likes a bargain and will not pay crazy money for players.
    if it’s announced that PCP have agreed terms, players prices just doubled or tripled. and one thing we do not need in the situation we are in right now is a load of over priced players if we go down .

  • catchy in norway

    Dec 30, 2017 at 8:39 AM

    Comment #6

    hey i was told look after the pennies and they will look after the pounds ?

  • jimmysmith

    Dec 30, 2017 at 8:43 AM

    Comment #7

    Joselu and Diame are due a rest, while Perez and Gayle are relatively fresh, although in tandem, pants, sadly, as I like Perez the most out of all our attackers.

    Yedlin Lascelles Mbemba Manqillo
    Hayden Shelvey
    Murphy Merino Atsu
    ………would be interesting, and looks a talented fast young attacking side on paper.

  • Jib

    Dec 30, 2017 at 8:46 AM

    Comment #8

    I thought Ritchie was being saved for this game

  • Toonmania

    Dec 30, 2017 at 8:46 AM

    Comment #9

    The report is from “The Sun” so take a large bag of salt and some water disolve the salt in the water and out pops bullshit

  • jimmysmith

    Dec 30, 2017 at 8:49 AM

    Comment #10

    Yeah you’d expect Ritchie to start, with Atsu on the other side and Gayle up top.

  • lochinvar

    Dec 30, 2017 at 8:53 AM

    Comment #11

    So Elliot was kicked and injured by those dastardly Man City players trying to disrupt Rafa’s potentially match winning tactics. What scoundrels. MOTD failed to highlight this travesty and the FA need to take retrospective action by telling Man City not to be so very very naughty and stop spending so much money and save some for a rainy day of which there are plenty in their grimy city. Shocking.

  • toontaff2

    Dec 30, 2017 at 8:57 AM

    Comment #12

    Remembering we have another game, less than 48 hours after this one – Stoke away.
    Dummett in for that one, but not expecting him to start, today.
    Clark needs to be told not to dive in on Murray, assuming he starts.

  • Lindisfarne

    Dec 30, 2017 at 8:58 AM

    Comment #13

    I would like to see 433:


    That looks solid with a quality attack.

  • lochinvar

    Dec 30, 2017 at 9:00 AM

    Comment #14

    Rafa is going to have to get us ahead in this game so that means starting with the more skilful pacey players and Joselu up front to occupy their centre backs. Only downside then is who he has on the bench for latter on so we might see a Mitro swansong ? Or has Ashley told him not to risk injuring our saleable assets ?

    Yedlin Lascelles Mbemba Dummett
    Ritchie Hayden Merino Atsu

  • Geremi's Prosthetic Leg Fund

    Dec 30, 2017 at 9:02 AM

    Comment #15

    I think with the lack of news since the meeting, it’s gone in two directions. It’s been agreed in principle and it’s a matter of loose ends and timings. Or it is dead in the water.

    I think if it was the latter we’d have heard something confirming it and Ashley would have made a statement by now so as we can focus.

    I hope it’s a bit of press leak to help us avoid being penalised so heavily in the market but more likely just the Sun capitalising on a barren news spell to keep them relevant on the story.

  • Geremi's Prosthetic Leg Fund

    Dec 30, 2017 at 9:04 AM

    Comment #16

    In one of two directions*

  • lochinvar

    Dec 30, 2017 at 9:06 AM

    Comment #17

    The Sun reporting that negotiations are stalling has all the hallmarks of a cheap snidey article written by their junior ghost writer aka Gary Neville.
    The actual amount being disputed is actually £49,999,500 as Amanda paid for the curries and Ashley’s larger bill.

  • xfer

    Dec 30, 2017 at 10:17 AM

    Comment #18

    Bullshit from the sun. They sell rumors.

  • consettmags

    Dec 30, 2017 at 10:30 AM

    Comment #19

    Hi all been reading a while and decided to join in , hopefully this news is a smoke screen and it’s the sun ?

  • mactoon

    Dec 30, 2017 at 11:29 AM

    Comment #20

    Coming from the Sun makes it a highly dubious source, that together with a non disclosure agreement being signed means that no info would be forthcoming from the Staveley camp.

    It looks as though Ashley has left the legal teams to thrash it out while he goes on holiday, he’s not back until next week when he would expect to be appraised of the current situation and take it from there so I doubt there is any truth that the deal is about to ‘break down’.

  • Geordie-john

    Dec 30, 2017 at 12:28 PM

    Comment #21

    Haway lads a win today will lift Tyneside and totally demoralise the Makems.


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