Second Dubai Group Interested In Buying Newcastle – Willing To Pay £350M


The Mail (Craig Hope) are reporting that a second group based in Dubai is interested in buying Newcastle and they are engaged in due diligence on Newcastle’s financial accounts.

The takeover led by Dubai-based Amanda Staveley and her PCP Capital Partners Group has stalled significantly, and the two parties cannot agree on a price.

Staveley has bid around £250M, and Mike Ashley wants at least £300M, but there has been deadlock for several weeks now.

This second Middle East investor has been reported to have been monitoring the situation at Newcastle.

Mike Ashley – Newcastle owner

The British-based investment company, Blackbridge Cross Borders, have been chosen as the group that will make a formal offer for Newcastle from this group, but not until we are safe from relegation.

They have already contacted Ashley’s lawyers about their interest in buying Newcastle.

There seems to be a mess this month on how Newcastle will improve their squad to help stop another relegation, with Rafa Benitez still not sure of the transfer funds he will get from Ashley in this month’s transfer window.

The Mail indicates that the second group are able to meet Mike Ashley’s price, which they say is around £350M.

But again this group will not buy Newcastle now when relegation is still a problem.

If we can win six games, we will hit the magic 40 points mark, which is when some deal could be made – by some investment group.

There has been a little progress over the last four weeks at Newcastle with Amanda Staveley having increased her offer slightly.

The latest offer is now said to be closer to £300M, but that’s it – not a lot of progress in the talks, which are still ongoing.

This is not the first time a second group interested in buying Newcastle has been reported, and Mike Ashley has said he is confident he will get more offers for the club.

We shall see – but the key to the takeover is for Newcastle to be safe as a Premier League club as soon as possible.

How Will Newcastle Fare Against Swansea City?

View Results
Loading ... Loading ...

Comments welcome.


34 comments so far

  • Frank pingles come sock

    Jan 12, 2018 at 8:03 AM

    Comment #1

    Tony
    ?@ToeKneesTweets
    6h6 hours ago
    More
    Suggest fans interested in @CraigHope_DM additional #nufc takeover bidder take a look at the Companies House info for Black Bridge Cross Borders. It’s registered at the same address as a Mailboxes Etc. This is a PR stunt by the kid that owns it, nothing more.

    2
  • Reilly

    Jan 12, 2018 at 8:03 AM

    Comment #2

    bs.bishop earning his wedge.

    1
  • Frank pingles come sock

    Jan 12, 2018 at 8:03 AM

    Comment #3

    Ed- this has been disproved already

    2
  • Frank pingles come sock

    Jan 12, 2018 at 8:04 AM

    Comment #4

    Fake news

    1
  • Jail for Ashley

    Jan 12, 2018 at 8:07 AM

    Comment #5

    No carl,
    Not a number of bloggers, Dave told me to stfu. Another long time reader first time poster, just as chas is!

    5
  • geordiemark

    Jan 12, 2018 at 8:11 AM

    Comment #6

    what another Ashley trick to try get more money for the club, not going to happen Ashley just accept the pcp bid and bugger off

    4
  • carl

    Jan 12, 2018 at 8:13 AM

    Comment #7

    Is there a joke in there Chas and Dave were/ are Spurs fans going to a cup final.
    You’ve delayed me enough just sort yourself out numb nuts.

    2
  • Frank pingles come sock

    Jan 12, 2018 at 8:16 AM

    Comment #8

    Tony
    @ToeKneesTweets
    ·
    6h
    Until two years ago the business was based in this street on the Wirral. Not exactly what you’d expect considering this £300m deal that they’re apparently brokering.

    0
  • Frank pingles come sock

    Jan 12, 2018 at 8:17 AM

    Comment #9

    Tony
    @ToeKneesTweets
    ·
    5h
    Suite 110 is definitely Mailboxes Etc. This is what you get for an address when you go through their sign up page. So the company brokering the second #nufc takeover deal isn’t big enough to have an office or more than one director. Suggest the local journalist’s take a look:.

    2
  • Frank pingles come sock

    Jan 12, 2018 at 8:18 AM

    Comment #10

    Ashley back 1 day

    New bid

    Harummmmpppphhhhhh

    3
  • ashleysmate

    Jan 12, 2018 at 8:21 AM

    Comment #11

    This is crap,, Ashley really is pushing his luck…he comes back from hols then this happens soon after
    He really is greedy beyond belief.
    Staveley will lose patience, Rafa will walk, relegation will become our unwanted partner…again and we won’t be worth any more than 100ml..IDIOT

    10
  • DaveD1000

    Jan 12, 2018 at 8:21 AM

    Comment #12

    Ballcocks

    1
  • Jail for Ashley

    Jan 12, 2018 at 8:23 AM

    Comment #13

    Rafa’s presser at 1:30PM, we should know a bit from his body language.

    0
  • geordiemark

    Jan 12, 2018 at 8:24 AM

    Comment #14

    if I was a broker for pcp I would terminate my bid for the club and walk away, Ashley plays far to many games for me really and its not like he hasn’t done this before with the club, hes a very stupid man if he wants to play these stupid games, it will cost the club rafa, relegation and wipe off at least 150 to 200 million off the price plus players will leave and that puts ashleys price down to about 80 million if hes lucky

    9
  • DubaiMicky

    Jan 12, 2018 at 8:26 AM

    Comment #15

    ashleys mate – that’s a tad harsh – the “story” well, it’s like bairns playing with professors (and not Green ones either).

    0
  • geordiemark

    Jan 12, 2018 at 8:26 AM

    Comment #17

    Jail for Ashley

    if I was rafa id walk out, can you imagine what that would do to the club the players and the fans the amount of shit he will get from that he wouldn’t even be safe in London, think Ashley really needs to think about what might happen here, the toon fans will target his tacky crap shops that’s for sure just like the rangers fans did

    3
  • DubaiMicky

    Jan 12, 2018 at 8:30 AM

    Comment #19

    willowdalerez would appear to be the next “member” that is being moderated in advance…..

    0
  • jesperfuglsang - capt'n awesome of the lemon crew

    Jan 12, 2018 at 8:34 AM

    Comment #20

    Lesh…you want me to translate Online Guy’s post at #269 to you?

    I don’t see the reference you are making in that post! It sounds like bits of mine and bits of others.,,

    0
  • geordiemark

    Jan 12, 2018 at 8:34 AM

    Comment #21

    DubaiMicky

    have you heard anything new about the takeover, ill take that other bidder for the club with a pinch of salt from black bridge cross borders

    1
  • jesperfuglsang - capt'n awesome of the lemon crew

    Jan 12, 2018 at 8:35 AM

    Comment #22

    Hibbit…isn’t the lesson here people should take what you say with a lot of salt 😉

    …not a pinch!

    1
  • geordiemark

    Jan 12, 2018 at 8:35 AM

    Comment #23

    Jib

    the link bored the shit out of me after 5 minutes 🙂 as soon as it said social media that done it

    0
  • jesperfuglsang - capt'n awesome of the lemon crew

    Jan 12, 2018 at 8:37 AM

    Comment #24

    I’ll repost something for you I wrote on here a while back:

    I honestly find it the most pointless exercise in a long long time on blog to give out guarantees on something you are not in control of and then say if it doesn’t happen you’ll leave the blog for good!

    To what end? If you’re wrong you’ll leave (eventually come back of course) but all hell will be loose on the blog and if you’re right you’ll be gloating and we’ll not hear the end of it!

    …or you’ll tell that person no one listens to what you say…and so on

    5
  • Jail for Ashley

    Jan 12, 2018 at 8:38 AM

    Comment #25

    Bzzzz

    1
  • DubaiMicky

    Jan 12, 2018 at 8:39 AM

    Comment #26

    The “owner” of Blackridge https://twitter.com/Ajarvis8

    0
  • one fine day

    Jan 12, 2018 at 8:42 AM

    Comment #27

    Geordiemark/jib
    I didn’t even get to 5 in watching that.
    The kid looks like someone your doorstep asking you you to switch your electricity provider .
    A global investment broker doesn’t do interviews from his bedroom .
    NEXT!

    1
  • jesperfuglsang - capt'n awesome of the lemon crew

    Jan 12, 2018 at 8:54 AM

    Comment #28

    Ian…are you on the charm front this morning 😉

    The day I find you on my side is the day I start to worry!

    0
  • Tosun A. Wobbler

    Jan 12, 2018 at 9:21 AM

    Comment #29

    Wonder if this is the source of the rumour Mickey Quinn pinned his flag to?

    0
  • Geordie-john

    Jan 12, 2018 at 9:33 AM

    Comment #30

    It’s like watching an item on Ebay. Is the second bidder real ? Is it a case of shill bidding ? What a load of bollericks ! My opinion , It’s another ploy to bump the price up by Cashley ! Will it work ? Probably not, But he is obviously willing to put the future of our club at risk including one of the best managers we have had in my lifetime so far. Your little trick didn’t work with Rangers and they are well rid of you. So now you still haven’t learnt that us Geordies are not as FICK as you southerners think we are. Get Real man take the offer it’s decent one and f##k o#f back down south with the rest of your knob head mates / Klingons down there.
    You’re not a Geordie and you’ll never be one no matter how many beers you by in the big market.

    5
  • Moonraker15

    Jan 12, 2018 at 10:00 AM

    Comment #31

    I don’t think for a minute that Ashley is behind this bogus bid. Not even he would try to kid Amanda with this; it’s more likely a publicity stunt by the company having previously been involved in the Barnsley buy-out.

    1
  • Dal

    Jan 12, 2018 at 2:10 PM

    Comment #32

    This looks like a small, inexperienced but legitimate adviser. They focus on high net worth Chinese individuals looking to buy trophy assets in the UK such as football clubs.
    Its perfectly possible this is a legitimate interest; note they are not bidding until the club is secure in the premiership; sensible approach.
    Mad Mike should get £300m for the club when it solid premier league.
    He remains Mad in my book until he spends £45m to ensure premier league status and so gets his £350m

    0
  • BANDWBURNABY

    Jan 12, 2018 at 2:40 PM

    Comment #33

    Story should start with “once upon a time”

    0
  • dannitoon

    Jan 12, 2018 at 10:52 PM

    Comment #34

    What are they called MASD.com… utter ballhoks

    0

You must log in to post a comment.