PCP Want Newcastle Even If Relegated – But Will Ashley Now Refuse To Sell To Staveley?

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:

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!!

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Comments welcome.

17 comments so far

  • Geremi's Prosthetic Leg Fund

    Jan 21, 2018 at 8:59 AM

    Comment #1

    She’s clearly using the media to leverage the fans hatred of Ashley and push him to a point of no return.

    Already appears to have some traction as the away fans super loud Ashley out chants last night were really clear to anyone watching on BT sports. I was annoyed they didn’t acknowledge them once considering how audible they were.

    I think what would tip it in her favour would be mass media digging Ashley out. Don’t see it happening though with his PR machine and lack of knowledge on a national level of Just how bad he has been is.

  • Jib

    Jan 21, 2018 at 9:04 AM

    Comment #2

    He wants to sell
    He knows he’s disliked by the fans
    The Telegraph and The Guardian
    hate his guts
    What lack of knowledge on a national level
    is there ?

  • jesperfuglsang - capt'n awesome of the lemon crew

    Jan 21, 2018 at 9:06 AM

    Comment #3

    Nufc-83…I usually judge people by the friends they keep…don’t take this the wrong way but maybe that’s the reason why in all the time I have been on here (as you allude to) I have refrained from interacting with you!

  • Jail for Ashley

    Jan 21, 2018 at 9:10 AM

    Comment #4

    Look what Oyston is doing to Blackpool, it is disgraceful, nobody gives a foot though. There should be a countrywide petition to make him sell, but nobody outside of Blackpool cares.

  • hibbit

    Jan 21, 2018 at 9:10 AM

    Comment #5

    was at the game yesterday,
    I don’t get to many away days now but have to say i actually enjoyed the experience.
    although we might be on the verge of championship football our away fans are definitely champions league winners 110% from start to finish MoM for me then Murphy i’m sure city will have taken notice of that performance
    even the city fans around me were commenting on the sustained support they showed for the team and Rafa even at 3-1 down all you could hear were the GEORDIES so proud to have been one of them

    on the pitch city are light years ahead of us even their bence was full of quality ……….just remember that should have been us but for Ashleys greed

  • Geremi's Prosthetic Leg Fund

    Jan 21, 2018 at 9:13 AM

    Comment #6

    Jib – virtually every other outlet that exists. Especially the multimedia supplier in Sky, BT, BBC etc.

  • Nufc-83

    Jan 21, 2018 at 9:14 AM

    Comment #7

    Weird Jesper as you don’t know any friends that I Keep.

  • Tsunki

    Jan 21, 2018 at 9:15 AM

    Comment #8

    Jesper – i don’t know if you can get these where you are but it might be the answer


  • Lindisfarne

    Jan 21, 2018 at 9:16 AM

    Comment #9

    Shearer says “NUFC fans are not getting value for money”. A very accurate statement of Ashley’s ownership.

  • yorkymag

    Jan 21, 2018 at 9:19 AM

    Comment #10

    Spot on
    I was there too and it was an uplifting experience even thou we lost ,there was not one Newcastle player who did not give everything.they certainly lack ability but not fight.
    As we walked back to the car a group of “new “ city fans said to us why do you sing when you are losing ,if we were like you I would not bother even turning up “
    My son turned to him and said that’s the difference Newcastle choose me I didn’t choose them .
    I not sure what made me feel more proud the fans in the ground or that very civil exchange with the Disney football fans

  • sickandtired

    Jan 21, 2018 at 9:21 AM

    Comment #11

    “It’s true Amanda hasn’t done things according to the book and business protocol…”

    So, how’s that, Ed? Leaks were prevalent from the club side for several months via unnamed ‘sources’ appearing in Sky and other media. Nothing from her side.

    Does anyone really believe that Staveley just happened to know the movements of Mr&Mrs Ashley on any given week night and decided to surprise him at a low cost curry house for an impromptu meeting? Give over, man. The meeting was supposedly arranged by Desmond, Express owner, yet the story and photo’s leaked via the Mirror – another Ashley media partner along with Sky.

    She is now on record only as a result of the personal attacks made on her and PCP. She has explained in her own words the bids made and her continued intentions, while the club continues to leak one sided info via ‘sources close to the club/Ashley’.

  • jesperfuglsang - capt'n awesome of the lemon crew

    Jan 21, 2018 at 9:23 AM

    Comment #12

    Nufc-83…friends can be interpreted in many ways when it’s an online forum you speak off!

  • DubaiMicky

    Jan 21, 2018 at 9:33 AM

    Comment #13

    Ashley will sell to anyone anywhere if they offer him the cash he wants.

    Sadly he won’t get that cash in the Championship, so he won’t sell at 150m (for example).

  • Lilongwe Geordie

    Jan 21, 2018 at 9:35 AM

    Comment #14

    Not been on for so forgive me if I’m making observations/comments that don’t stack up with the full reality of what people on here are thinking…..

    Firstly, last couple of threads, people have been comparing the Villa sale and the Newcastle sale….. When Villa was bought, they had already been relegated. They were a Championship side. They don’t have the appeal for TV companies that we do, and have a smaller stadium and fanbase – essentially this all adds up to revenue generated being lower. There turnover had been decreasing prior to relegation, so the projections were probably fairly grim for the next year. £80million seems on the low side, but Lerner was more than keen to sell, so Xia was able to get a lower price than the probable worth. Newcastle are a Premier league side, who have a big stadium, global brand greater than Villa’s, a one club city, coming TV revenues, an expected significant rise in the TV deal for Prem clubs, and a club that is not dealing in significant losses year on year. £250million could be recovered by the new TV deal in less than 2 seasons. £350million is not an outrageous price for Newcastle United. Both parties want the best deal for themselves, as is normal, but both seem to be stubborn and firm in their stance. Doesn’t make either party wrong, but it does leave the club in limbo somewhat. £350million with clauses based on relegation seems a sensible and realistic option, so long as both parties are willing to compromise.

    Secondly, I’ve seen plenty saying we have a Championship squad, what does that even mean? If we have a Championship squad, then surely a lot of teams in the Prem also have a Championship squad, in which case, does that not mean that the squads are really Prem squads, but of a lower quality than some Prem squads. We have had a pretty bad spell in the last few months, highlighting the areas which do need improving, but the squad is still good enough to stay up as is.

  • kimbo

    Jan 21, 2018 at 9:35 AM

    Comment #15

    Blind faith by supporters is why Ashley stays. Any other club in the world in our position does not get full houses, massive away support and the main thing is media coverage and this is why Ashley needs us for publicity for SD. So how to we force Ashley to sell , starve his free publicity, but that is the thing us Geordies will not do.

  • Lilongwe Geordie

    Jan 21, 2018 at 9:40 AM

    Comment #16

    Almost every person in Malawi questions why I bother supporting Newcastle when they never win anything….. My response is always that supporting a team isn’t only being there through the good times.

  • dig-n-dig22

    Jan 21, 2018 at 9:55 AM

    Comment #17

    I don’t see anyone else smashing Ashleys door down to deliver him a bid . the trouble is, Ashley is into the club for more than it’s valuation, the result of 2 relegations, we came out of the Championship last season without 2 pennies to rub together transfers. The next 3 or 4 results are crucial, if they are good, then Ashley might ride it out till may, If they are bad, then I think Ashley will deal at £ 275 Mil and walk away, he will be foolish not to.


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