There was an interesting article in the Dubai-based National newspaper on Friday which said that PCP Capital Partners would be interested in buying Newcastle until at least the summer.
They are keenly interested in buying Newcastle as long as Rafa Benitez stays on as the manager and if Rafa walks – they will also walk away from any interest in buying Newcastle.
So maybe with Ashley having a “very positive” conference call on transfers with Rafa last week, he has realized the one thing that will help him sell the club is world-class manager Rafa Benitez.
Ashley needs to keep Rafa happy and bring some players into the club over the next 10 days – but it’s late, and that will be very tough to do now.
We have been impressed with Rafa as a person, and he remains upbeat through thick and thin – precisely the type of manager Newcastle need.
Rafa Benitez – key to any Newcastle takeover
When Rafa talks about what Newcastle can become if given the right investment, he sounds like a typical and passionate fan.
The big news, of course, was last Tuesday Mike Ashley broke off the tedious negotiations with PCP and this is what a source close to Ashley said to Sky Sports as tweeted by Keith Downie:
A source close to Mike Ashley: “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 A.Staveley & PCP have proved exhausting, frustrating and a complete waste of time.”
— Keith Downie (@SkySports_Keith) January 16, 2018
This is some of what Amanda Staveley has been quoted as saying in the National:
“The three separate bids we put in, as they changed in October going into late November, all had one consistent part to them throughout ,and that is we must have Rafa remain as manager.”
Here’s an excerpt from the interesting National report:
“PCP Capital Partners, however, insists it is in for Newcastle for the long haul.”
“Even relegation from the Premier League would not alter the appetite for club – although the price would be impacted substantially – as long as Benitez remained manager.”
“The Spaniard has already experienced one relegation with Newcastle, taking them back up to the Premier League at the first attempt last season.”
“He has appeared to be hyper-focused on his job, as is his nature, but fans fear he could leave St James’ Park if a sale looks increasingly unlikely.”
But one thing we are also worried about, because of the seemingly complete breakdown between Mike Ashley and Amanda Staveley, is that Mr. Ashley is stubborn and obstinate enough to refuse to sell to PCP.
That could become a real problem, and this is what Martin Hardy has written in the Independent about that possibility:
“Ashley will not sell to Staveley. There is now no room for negotiation as far as the Newcastle owner is concerned.”
“He has become increasingly annoyed by her tactics, which included turning up at a London curry house when he was out with his wife and then being photographed as she left.”
It’s true Amanda hasn’t done things according to the book and business protocol; when you sign a non-disclosure agreement, nothing should be leaked to the press about what’s happening – it’ all supposed to be done in complete secrecy.
But Ms. Staveley seems to want what Rafa Benitez and the fans want.
She wants to wake up the sleeping giant called Newcastle United.
That’s what we all want – and soon too.
Howay the Lads!!