We read the article in the Chronicle today on the new TV rights deal for the Premier League being announced as early as today.
It seems the bids are now in and the PL will choose the winners.
The last package was for £5.1B, and that could go up significantly for the next three years starting in the summer of next year.
And then each PL clubs will get even more than the £100M to £200M they receive today, depending on how well they perform in the league.
That compares to the £7M each club gets at the end of the Championship season.
If the deal does come in a lot higher than perhaps there will be more than the one bidder who will want to buy Newcastle, once we are safe as a Premier League club for next season.
Mike Ashley – will he really sell Newcastle?
Amanda Staveley and her PCP Partners group was the only group who bid for Newcastle last year, and that went on far too long before Mike ended it all towards the end of the year and said it had all been a waste of time.
So if the deal goes higher, it will be good because Newcastle will get more money if we stay in the top flight.
But there could be a real problem if it comes in a lot higher than last time.
It could cause Mike Ashley to do one of two things:
- Decide he wants more for Newcastle than the £300M or £350M he has reported to be willing to accept if the money is paid up front – that will make it harder to sell the club
- The disaster scenario is that the owner realizes that with Rafa still in charge, Newcastle could be worth a lot more in a couple of years time and holds off on selling the club
There’s also a decent chance Mike Ashley will eventually take the club off the market even though we know he’s telling everybody he’s sick of owning the club and wants to sell.
And that fans desperately want him to sell.
Mike Ashley likes to make money, and Newcastle could be worth a lot more than it’s worth today if Rafa is (finally) given some decent money to spend in the coming transfer windows.
What do you think?