Mike Ashley Walks Away From Amanda Staveley Negotiations – Deal Off


This is really bad news if it is true – the Mail and Mirror (and other papers) are reporting that Newcastle owner Mike Ashley has walked away from takeover talks with Amanda Staveley.

Ashley and Amanda Staveley have been negotiating for almost four months, but Ashley has refused the offers Amanda has made to buy Newcastle.

This was always possible and in spite of Ashley saying he wanted to sell Newcastle he has continued to drag his feet for the last several weeks.

Ashley initially said he wanted to sell the club by Christmas but then rejected the offers that were made by Ms. Staveley’s PCP Capital Partners group.

And this will probably mean that Rafa Benitez will leave Newcastle at the end of this season, if not before, since he will not work for a man who doesn’t keep his word.

You cannot really blame Rafa for that.

If this news is true it’s the end of the dream for Newcastle fans that Rafa Benitez could take us back to greatness.

We cannot take any more of Mike Ashley – he hasn’t got a clue.

Mike Ashley – walks away from potential Staveley deal

He’s proved that for almost eleven years as the error-prone owner of Newcastle.

A statement put out by Sky Sports from a source close to Ashley read as follows:

“It is only right to let the fans know that there is no deal on the table – or even under discussion – with Amanda Staveley and PCP.”

“Attempts to reach a deal with Amanda Staveley and PCP have proved exhausting,  frustrating and a complete waste of time.”

The potentially good news is that the Mail is reporting investment could come from a second interested party in the Middle East, but no formal bid has yet been made by them.

However, it’s believed this second (phantom) group can meet Mike Ashley’s asking price – which is possibly £350M.

Maybe Ashley could even have called off negotiations with Staveley because this second group has made an offer he has accepted – but we doubt that is true.

We wouldn’t be surprised if Ashley announces (before the end of the season) for the third time that after trying to sell the club he’s decided to stay on as the owner of Newcastle United.

What happens then – after Rafa Benitez says he will not stay?

At this time – things don’t look good for the club.

Comments welcome.



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155 comments so far

  • rozehnal

    Jan 16, 2018 at 7:27 PM

    Comment #1

    FFS
    BENITEZ IS GONE!!

    1
  • jazzyp

    Jan 16, 2018 at 7:28 PM

    Comment #2

    You got that sinking feeling lads

    6
  • SColl

    Jan 16, 2018 at 7:29 PM

    Comment #3

    anyone know where this statement is? at the moment all we got is a source close to Ashley.

    0
  • kilcline

    Jan 16, 2018 at 7:30 PM

    Comment #4

    Greed is the cause of all evil. Rot in hell Ashley.

    7
  • lochinvar

    Jan 16, 2018 at 7:31 PM

    Comment #5

    No comments yet ?
    Well there will be Ed by the time I’ve written this Twitter Twatter and all social media will melt down

    The source added that attempts to reach a deal had proved to be “exhaustive, frustrating and a complete waste of time” ……failing to add that it was Ashley who has shown his backside in Fenwicks window

    1
  • Geremi's Prosthetic Leg Fund

    Jan 16, 2018 at 7:31 PM

    Comment #6

    Disgusted. I hope we now go down, Benitez walks and we stay down long enough to dry him of his revenue stream and force a sale. Only then can we be reborn. I can’t stomaxh anymore utterly unabimbtious Premier League seasons, what’s the point? I would rather be League 1 and enjoy the club trying to compete and grow.

    11
  • jazzyp

    Jan 16, 2018 at 7:31 PM

    Comment #7

    Let’s see if the attendances drop now as the only hope of keeping the Manager and fans on side has just disappeared

    3
  • Bianconeri

    Jan 16, 2018 at 7:32 PM

    Comment #8

    “I bet this thread reaches a 1,000 posts” pmsl that didn’t last long 🙂

    2
  • Ibizatoon

    Jan 16, 2018 at 7:32 PM

    Comment #9

    Ed…I’d take “Mike Ahbleu” whoever he is.

    1
  • Optimistic Panda

    Jan 16, 2018 at 7:33 PM

    Comment #10

    People hoping or wishing for relegation should be ashamed!

    14
  • Bianconeri

    Jan 16, 2018 at 7:34 PM

    Comment #11

    The dates Rafa gave 15th and 20th now seems to have been an ultimatum to cashley.It doesn’t look good for us now

    1
  • geordiemark

    Jan 16, 2018 at 7:34 PM

    Comment #12

    your finished Ashley just wait and see what happens the next home game and what happens at your tacky direct shops outlets, you’ve played the fans to far this time

    7
  • SPRINGY

    Jan 16, 2018 at 7:35 PM

    Comment #13

    A statement from an ashley source???…how is that any different to the rumours the itk’s know from the blog???

    1
  • SPRINGY

    Jan 16, 2018 at 7:35 PM

    Comment #14

    Rafa gone by 20th….???

    0
  • jazzyp

    Jan 16, 2018 at 7:35 PM

    Comment #15

    Monk to replace Benitez by the end of the month

    0
  • geordiemark

    Jan 16, 2018 at 7:36 PM

    Comment #16

    there is no toon fan who would blame rafa and his coaching staff walking out after this calamity because that’s what it has been from when it was announced that the club was up for sale, was all this to save you millions in the transfer market Ashley because with that team we have now the championship awaits all that is down to you Ashley no one else

    5
  • Markaccus

    Jan 16, 2018 at 7:36 PM

    Comment #17

    Springy

    As much as we want to hope, once it becomes “breaking news” on sky it’s usually got legs. He’s fcuked the club over one more time

    8
  • Ibizatoon

    Jan 16, 2018 at 7:37 PM

    Comment #18

    Springy…A valid point. This isn’t a controlled press release. Just a source, close to Ashley?

    Who is this person that “feels the fans should know”? Ashley related? Please.

    Unfortunately (or is it fortunately) it’s still a case of watch this space for me.

    1
  • Dagwoodz

    Jan 16, 2018 at 7:37 PM

    Comment #19

    SPRINGY @13

    Slim hope at this point, mate. But you do have a point. Until there’s official confirmation from the club, Ashley, or PCP, this could just be a big, fat wind-up.

    1
  • Optimistic Panda

    Jan 16, 2018 at 7:38 PM

    Comment #20

    It’s a load of Shite!

    If it was true why wasn’t it announced at Xmas when the deadline was?

    Why hasn’t it been announced by club Ashley himself or pcp?

    A source close to Ashley, the only thing close to him is his wallet and a pie or two.

    1
  • JackButler

    Jan 16, 2018 at 7:38 PM

    Comment #21

    “The night is always darkest before the dawn”
    Thomas Fuller

    And by Christ it’s dark right now

    15
  • Scubadivingmagpie

    Jan 16, 2018 at 7:38 PM

    Comment #22

    I don’t post on here often but the no takeover news is a blow!

    I’m off to check the dictionary see if MyCashley means ruin it for everyone….

    0
  • Optimistic Panda

    Jan 16, 2018 at 7:40 PM

    Comment #23

    Scuba

    I nearly phoned you today.

    0
  • Ron Knee

    Jan 16, 2018 at 7:40 PM

    Comment #24

    It’ll be fascinating to see what PCP have to say.

    1
  • Ibizatoon

    Jan 16, 2018 at 7:41 PM

    Comment #25

    Sorry, “it’s only right to let the fans know”.

    I get what people are saying, it looks like conclusive news, but something doesn’t sit right about the way this has come out. Mind, nothing new there.

    0
  • fog on the tyne

    Jan 16, 2018 at 7:41 PM

    Comment #26

    Lads it was only a fortnight ago sky sports were reporting deal imminent. Hold on to ya hats.

    3
  • Blackley and Brownlie

    Jan 16, 2018 at 7:41 PM

    Comment #27

    Ashley’s killing the club. The manager’s p****** off and the fans are struggling to generate enthusiasm despite their best efforts. I’ve said it before that I can’t see Ashley selling any time soon. He will make the same mistakes. 10 years wasted.

    2
  • canny lad

    Jan 16, 2018 at 7:41 PM

    Comment #28

    Shire, Hibbitt, Dubaimicky, muahahahaha

    13
  • jazzyp

    Jan 16, 2018 at 7:42 PM

    Comment #29

    Jb

    Ashley has taken a massive gamble by trying to force pcp’s hand if nothing has actually taken place.
    There has been a lot of nonsense spoken on done deals and backing someone into a corner never bodes well for any deal

    0
  • SColl

    Jan 16, 2018 at 7:42 PM

    Comment #30

    If true Ashley is having the last laugh now, everyone bought into this buy out situation. i genuinely don’t know what is his thought process, he knows we need reinforcements which means he’s going to have to spend. Probably thinks that Rafa won’t walk because of the buyout clause in his contract and Rafa alone is enough to keep us up.

    The best case scenario now would be that Rafa stays, keeps us up and new takeover talks in the summer, worse case scenario, Rafa walks and we implode.

    2
  • geordiemark

    Jan 16, 2018 at 7:42 PM

    Comment #31

    all the media is running with it now, your done Ashley somehow I don’t think you have the balls to even come into Newcastle never mind go to the club you own

    4
  • jordijohnty

    Jan 16, 2018 at 7:42 PM

    Comment #32

    Who the hell thinks our club is worth over £300 million. Give your heads a wobble. Its going to cost many millions to get this club up to a standard that wont be fighting relegation every year something a new owner would have to address. potential tv money, my arse!

    1
  • Geremi's Prosthetic Leg Fund

    Jan 16, 2018 at 7:42 PM

    Comment #33

    Why should anyone be ashamed to want relegation?

    Football is entertainment and belonging. The premier league barely offers the latter anymore as it has become so far removed form the average fan. The former doesn’t happen under Ashley. We exist just for the sake of existing.

    I for one enjoy the lower leagues and would take them tomorrow if it meant rid of Ashley and allowed us to function as a community club once again and do things in the interest of the sport.

    10
  • SPRINGY

    Jan 16, 2018 at 7:43 PM

    Comment #34

    Not saying its not true but i would of thought it would be a statement from the club….and since the itk’s on the blog are criticised so quickly for info that doesn’t pan out…maybe this should be looked at the same way until club statement….or at least lard arse himself.

    2
  • Markaccus

    Jan 16, 2018 at 7:43 PM

    Comment #35

    I always thought that the only source close to Ashley was HP for his pies (sauce, i know)

    2
  • JackButler

    Jan 16, 2018 at 7:43 PM

    Comment #36

    After many, many deep breaths and a logical thought of this news.

    I want an official statement from the club, not a source close to Ashley. I want it from the horses mouth so to speak.

    Without that, I’m taking this as a play to squeeze more money from any deal and to be seen as Ashley playing hard ball to the point of not seeking below what he’s demanding.

    2
  • GPPaweyyekna

    Jan 16, 2018 at 7:43 PM

    Comment #37

    What a bloke. Gives the go-ahead for players then tells the world the deal is off. What player is going to want to sign now. He could of at least waited until the window was over. This is taking up too much of my life. Any see’s him, glass him

    2
  • L Toon

    Jan 16, 2018 at 7:45 PM

    Comment #38

    Duck, duckin sake. You fat greedy barsteward. Even if the new tv deal is absolutely astronomical does he think the club will somehow be worth more!!!! Yes it would look more appealing with extra cash in the bank bit its not going to make any aspect of the club worth more is it.
    He has absolutely no right to ask for 400 million, even in this market with all the money washing around the premier league as the club is simply not worth it.  Any potential buyer or investor after a thorough due diligence process and audit  will offer a true and fair representation of the club. You would have to be either insane or stupid to pay any more  than that. Its a squad full of championship players and 4 out of the last 5 seasons we have been in the premier league weve been in relegation battles. If ashley thinks someone will offer him 400 million then he needs to take his head out of his enlarged gluteus maximus. The club is worth what its worth and he has to be realistic about what he can get. Secondly, you don’t just make money by making money, you make money by saving money as well and he must of saved himself 200 million in free advertising. How much did sports direct make out of his free advertising? So hes had his pound of flesh from the club and then some. Just  fork off ashley. RIP nufc. HWTF

    0
  • fog on the tyne

    Jan 16, 2018 at 7:45 PM

    Comment #39

    And as for those posting ‘i hope we go down now’ think about your saying, fcuk off, when you get there fcuk off again. Never darken the doors of this blog again, you my ex friends are not welcome

    5
  • geordiemark

    Jan 16, 2018 at 7:46 PM

    Comment #40

    there is many ways to screw Ashley and co, we could all buy shares in his tacky sports direct and make it harder for him to get his pride and joy back any fans up for this I am 🙂

    1

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