Conflicting Media Reports Add To The Confusion Surrounding Staveley Takeover


We have learned today from a piece in the Guardian by David Conn that the investors funding most of Amanda Staveley’s £250M bid for Newcastle were the wealthy Reuben family of London.

But a spokesman for them said they have not been interested in acquiring Newcastle since the £250M bid was not accepted by Mike Ashley last November.

Ashley may not have officially bothered to turn it down because he didn’t consider it to be a real viable offer.

So how come there have been constant media reports that Staveley people and Ashley’s people were still negotiating until the bombshell hit on Tuesday night that Ashley ended the talks?

That’s one question that has not been answered.

There is a report today in the Chronicle that Ms. Staveley remains committed to buying Newcastle and the (primarily rejected) £250M bid for the club is still on the table.

Amanda Staveley – is it still possible she can acquire Newcastle?

That’s the one that has several clauses in it based on performance (like relegation) and was submitted in November – over two months ago.

It seems that’s the only offer Ashley has ever received in his three failed attempts (so far) to sell the club.

The Chronicle is reporting that Ms. Staveley is still keen to make the deal happen and is prepared to show proof of funds.

But the Reuben brothers (Simon and David) have already said they have no more interest in buying Newcastle United.

Here’s a piece from the Guardian report which quotes a spokesman for the Reuben family saying the deal to buy Newcastle is definitely off:

“It is true that we did have a look at it, but nothing actually happened,”

“We are not investing in Newcastle United either as Reuben Brothers or as any individuals, including Jamie.”

Jamie Reuben is David Reuben’s 31-year-old son and was the one involved with Ms. Staveley in the attempted takeover.

So this doesn’t make too much sense unless the Guardian report is false or else Ms. Staveley has new investors who want to invest in Newcastle United.

The Chronicle is also reporting that Rafa Benitez will not walk away and that’s good news.

Rafa Benitez is a man of principle and will not walk away from the club or the dedicated Newcastle fans, who have every confidence in him and want him to stay on Tyneside.

If Amanda Staveley can get new investors interested and put funds in escrow to prove to Mike Ashley, she has the cash to buy Newcastle – that could still be the best option for the club.

Ms. Staveley seems to share the same aspirations and ambitions for Newcastle United as Rafa has – but she is also playing the media to the full in her attempt to buy Newcastle.

What do you think?

Comments welcome.


74 comments so far

  • Jail for Ashley

    Jan 18, 2018 at 1:22 PM

    Comment #1

    We’ve been sold down the river. There must have been something happening for Rafa to be so relaxed unless Churnley has been feeding him BS as well.

    7
  • Jail for Ashley

    Jan 18, 2018 at 1:25 PM

    Comment #2

    C-dog,
    We spent money in the summer, not enough but we did spend. It would be over a year and a half if we hadn’t.

    0
  • Tsunki

    Jan 18, 2018 at 1:26 PM

    Comment #3

    C-dog he was running it on an empty tank thinking he was going to jump out while the vehicle was still moving.

    0
  • c-dog

    Jan 18, 2018 at 1:26 PM

    Comment #4

    10 million net or something? I think we’re entitled to ask for more.

    1
  • Tsunki

    Jan 18, 2018 at 1:27 PM

    Comment #5

    Going with your theory @1 jail

    0
  • Jail for Ashley

    Jan 18, 2018 at 1:28 PM

    Comment #6

    If he is determined not to sell for less than 300M or more if we survive in May, then we are stuck with him and will end up doing a Villa or worse.

    2
  • c-dog

    Jan 18, 2018 at 1:30 PM

    Comment #7

    A win at city would be great.

    1
  • NezzaNUFC

    Jan 18, 2018 at 1:31 PM

    Comment #8

    So it was the brothers who made the investments!

    Shame as well as they know football (even though they are Chelsea fans)

    So much for the Dubai investers!

    3
  • geordiemark

    Jan 18, 2018 at 1:31 PM

    Comment #9

    think of it lads, all these transfers out of the club, all season ticket sales, all match day sales, tv money, free advertising for the past 11 years to a company he only owns 61% of and doesn’t charge them somehow I don’t think so myself, the whole lot Ashley has used as a cash cow for his agenda into getting his tacky dire ect back to his full control and to help out all his other companies at the clubs expense and then he says he cant do it anymore cant afford to bank roll the club that has generated its own money for players and brings out the story of a takeover so he doesn’t have to buy anyone in January hes done this trick 3 times now

    6
  • Shadow_Shearer

    Jan 18, 2018 at 1:34 PM

    Comment #10

    If staveley is offering money with a relegation clause, it must mean both parties are waiting till end of season.

    0
  • geordiemark

    Jan 18, 2018 at 1:36 PM

    Comment #11

    there wont be any takeover that’s for sure, we fell for this shit again like we did the last time, all I can see as 1 massive pr stunt to save Ashley even more money, I don’t trust any of them with our club now as far as I am concerned that’s it

    6
  • Our Toon

    Jan 18, 2018 at 1:37 PM

    Comment #12

    Well that was all an anti climax wasn’t it, MBS etc blown out of the water and it turns out to be the Reuben brothers. 1 offer made which even I wouldn’t sell for, looks like Staveley is the one that’s been stringing Ashley along and not the other way around.

    As much as I hate Ashley I can see exactly why he wasn’t interested in selling for that amount. For once it’s Staveley to blame and not our awful owner!!

    4
  • Slank

    Jan 18, 2018 at 1:38 PM

    Comment #13

    I’m very puzzled by the ‘news’ that Staveley reportedly represented the Reuben Brothers.

    The Reuben Brothers famously guard their privacy, Simon Reuben having only given one interview in his lifetime. I would have thought that the last thing they would want to get involved in is a very public and possibly acrimonious takeover and subsequent running of a club that is always in the media, very often for negative reasons.

    Given the shared penchant for privacy by the Brothers and Ashley it begs the question why would they seek the ‘help’ of Staveley and her public antics which I’m sure would have horrified them both.

    The Reuben Brothers are exceptionally wealthy and the £300 million would be peanuts for them. Also, they are ardent supporters of Chelsea and have no affiliation to Newcastle.

    I’m inclined to not believe the ‘news’.

    4
  • DubaiMicky

    Jan 18, 2018 at 1:38 PM

    Comment #14

    NezzaNUFC It states categorically that they made ZERO investments. What are you on marra?

    “It is true that we did have a look at it, but nothing actually happened,”
    “We are not investing in Newcastle United either as Reuben Brothers or as any individuals, including Jamie.”

    1
  • geordiemark

    Jan 18, 2018 at 1:39 PM

    Comment #15

    Slank

    them brothers also have a big building job going on in the city as well don’t they

    0
  • Our Toon

    Jan 18, 2018 at 1:40 PM

    Comment #16

    Geordie Mark

    Blame Staveley for this mess, yes Ashley has sold us down the river but it reads as though he was strung along by an individual pretending to have backers. I’m glad we’ve dodged the bullet of Staveley if she has indeed behaved in this manner

    2
  • geordiemark

    Jan 18, 2018 at 1:41 PM

    Comment #17

    tell the truth I don’t want any southern group of millionares or billionares to own the club they just don’t get what the club means to us supporters and never will

    0
  • Shadow_Shearer

    Jan 18, 2018 at 1:41 PM

    Comment #18

    I honestly hate dennis wise. Ashley could be taking a shit in the middle of the stadium and dennis wise would say its to the benefit of the club.
    Hes just as bad as Ashley as he doesn’t care about the fans, its not his problem Ashley doesnt invest, he doesn’t feel the pain we do. Nor does he care.

    3
  • toon kk

    Jan 18, 2018 at 1:42 PM

    Comment #19

    Mash may want to sell the club at a price he wants, but the the thought of loosing out on the extra sky money is a slumbering block. He’s a gambler, he’s counting on Rafa keeping us up to fill his pockets and up the value of our club.

    Big Gamble. I can see us being a established championship club for the foreseeable future the way things are going.

    5
  • geordiemark

    Jan 18, 2018 at 1:43 PM

    Comment #20

    Our Toon

    I agree with what you’ve said she has done the same to Liverpool as well, the thing what gets me though is when they walked out of that curry house all of them where smiling and that prick from the express had his fist in the air, the way I see all this now is all of them have been taking the piss out of our club and the supporters and that doesn’t go down well with me

    3
  • Singinginthecorner

    Jan 18, 2018 at 1:44 PM

    Comment #21

    Our Toon

    Mandy is the only person in the time Ashley has been incharge that has put an offer in for the club she sees somthing here that Ashley cannot give the lass a break she’ll be back

    6
  • geordiemark

    Jan 18, 2018 at 1:45 PM

    Comment #22

    toon kk

    no hes not a gambler at all, all Ashley is is a greedy git end off

    2
  • Our Toon

    Jan 18, 2018 at 1:45 PM

    Comment #23

    Slank

    Are you saying the Reuben are lying then? Why would there son come out with this and at what would they have to gain from coming out?

    1
  • toon kk

    Jan 18, 2018 at 1:46 PM

    Comment #24

    Our toon
    You’ve got a point if someone was really interested we would have been purchased, on the flip side we are a gamble.

    1
  • toon kk

    Jan 18, 2018 at 1:47 PM

    Comment #25

    Geordiemark
    I can’t argue with that.

    0
  • c-dog

    Jan 18, 2018 at 1:49 PM

    Comment #26

    Alfreð Finnbogason, remember the link to him. Seems to be doing well in Germany with a lesser stag. Potentially worth a punt?

    0
  • NezzaNUFC

    Jan 18, 2018 at 1:50 PM

    Comment #27

    Dubaimicky

    What I was suppose to say is that the brothers were the only investers that put money towards buying Newcastle but pulled out after rejection.

    So your contact was wrong about all these princes wanting to buy Newcastle (not a dig just saying)

    When you see your contact give him/her a slap from all of us 😉

    5
  • Singinginthecorner

    Jan 18, 2018 at 1:50 PM

    Comment #28

    Cannot see why it has taken ashley this long to turn the offer down I mean she put it in in november and had to wait till now to get an answer don’t under stand why people in here are sticking for ashley give yourself a shake……

    5
  • Slank

    Jan 18, 2018 at 1:55 PM

    Comment #29

    geordiemark,

    Apparently they do but so do lots of other organisations.

    Looking at the information on the web about the Reuben Brothers they appear a smart and very successful pair of businessmen who guard their privacy.

    As such I would have thought their first inclination must have been to stay well clear of Staveley given her history of doing business in the public limelight.

    0
  • NezzaNUFC

    Jan 18, 2018 at 1:55 PM

    Comment #30

    Problem with this (if it’s true) that if Amanda still has a offer on the table for Mike then again all transfers will be put on hold as a potential of a takeover is in process!

    Both need to separate imo so Rafa can get his budget (What ever that is) and get the players in!

    0
  • Our Toon

    Jan 18, 2018 at 1:56 PM

    Comment #31

    Geordie

    I can’t stand Ashley but how do we know he wasn’t being lied to for once by Staveley? She’s been attempting to buy the club it’s seems with her main backers out of the running so who exactly has she been representing?

    For this reason alone Staveley has strung everyone along with nothing but lies

    3
  • geordiemark

    Jan 18, 2018 at 1:58 PM

    Comment #32

    NezzaNUFC

    don’t expect any new players in but expect a few to go out though, mr Ashley loves a nice tidy profit

    0
  • Mag52

    Jan 18, 2018 at 1:58 PM

    Comment #33

    Jib.

    ‘Ludicrous’ and ‘offensive’ – two words you no doubt heard a lot during your school days.

    5
  • Our Toon

    Jan 18, 2018 at 1:58 PM

    Comment #34

    Sing in the corner

    The offer was derisory and it seems as though they were attempting to pull down Ashley’s pants.

    0
  • hibbit ex ITK

    Jan 18, 2018 at 1:59 PM

    Comment #35

    our toon the biggest problem we’re facing as fans is we don’t know who’s telling lies and who’s not

    8
  • geordiemark

    Jan 18, 2018 at 2:00 PM

    Comment #36

    Our Toon

    yeah understand what your saying but Ashley could have come out and said there was no offers or an offer has been rejected but waited on doing so with the January end date coming along so he doesn’t have to buy players and really I still don’t expect any players coming in real soon

    2
  • wynsleap

    Jan 18, 2018 at 2:00 PM

    Comment #37

    Singinginthecorner @ 28
    Because Ashley is all about lies, timing, manipulation and deception.
    Agree with your comment re those sticking up for Ashley. Here we go again just like the last time, winning over gullible supporters to his way of thinking. This is why we will NEVER ever get rid of this parasite.
    Like the team and the club – the fans have to stay UNITED (in their condemnation of this stain on our club’s history).

    5
  • Ron Knee

    Jan 18, 2018 at 2:01 PM

    Comment #38

    OT

    I think you’re falling for Ashley’s PR BS. Why would she risk her company’s reputation by playing games?

    6
  • Jail for Ashley

    Jan 18, 2018 at 2:02 PM

    Comment #39

    Our Toon,
    So you think it’s not unreasonable for a guy with zero interest in the club who is set to lose a whole lot more not to sell for what he paid for the club.

    1
  • NezzaNUFC

    Jan 18, 2018 at 2:04 PM

    Comment #40

    About the boycotts

    I had a meal a few nights ago with an old friend (and a massive Newcastle supporter) and he suggested all this talk about boycotts rubbish and he suggested us fans may be attacking the wrong man, Mike couldn’t care less about us and as long as the ground is filled he’s happy BUT this is not what needs targeted.

    He suggests targeting Sky!? And make Sky stop our matches being showed!?

    I laughed at first but to think on it more, it makes sense to attack Mike’s public view instead of his shops as his shops are everywhere so it won’t affect his pockets but an media outburst on him could make him fold sooner rather than later?

    1

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