This Is Not A Positive Sign That Stubborn Ashley Will Sell Newcastle

Mike Ashley is a stubborn man and a hardcore businessman who likes to make money.

So when he put Newcastle up for sale last October for the third time, he said he wanted to sell quickly and before the end of the year.

We understand towards the end of that drawn-out saga that he would accept a straight £300M offer from Amanda Staveley with no strings attached – but that didn’t happen.

Three months or so later after Rafa and our players have done a stellar job to get the team into 10th place in the league, it may turn out to be a negative thing for Newcastle regarding getting a new owner in.

Mike Ashley – could become greedy

We need a new owner in if Rafa is to commit long-term to stay at Newcastle

The Shields Gazette are now suggesting that Mike Ashley will be looking to increase his selling price for the club above £300M.

That’s based on the possibility that Newcastle could (even) finish in the top ten in the league.

A top ten Premier League club is worth more than one that only just escapes relegation.

But now it seems Ashley will want a good price for Newcastle with the quickness of a sale taking a back seat.

The (big) problem we see is for Mike Ashley to hold out for say £350M or more, and a deal just doesn’t get done quickly because of his financial greed.

Here’s a man trying to gain financially from running a club into the ground over the last eleven years.

There’s something not quite right or ethical about that.

Rafa is the man who has got the club where we are and with little to no help from the owner.

We need a new owner who matches Rafa Benitez’ lofty ambitions for Newcastle United, and the sooner we get one, the better.

What do you think?

Comments welcome.

18 comments so far

  • Ron Knee

    Apr 10, 2018 at 10:09 AM

    Comment #1

    “We need a new owner who matches Rafa Benitez’ lofty ambitions for Newcastle United …”

    Exactly, but who?

  • DaveD1000

    Apr 10, 2018 at 10:13 AM

    Comment #2

    There hasn’t exactly been a stampede at 300m never mind 350

  • DubaiMicky

    Apr 10, 2018 at 10:14 AM

    Comment #3

    He was never offered £300m though was he? Who knows, and of course he wants more now, the asset (Us) has appreciated in value!

  • ilovetoon8788

    Apr 10, 2018 at 10:19 AM

    Comment #4

    Any sane person would ask more. What Ashley will be requesting now is basic financial sense. And we are capable of a top 10 finish. Of course our price is higher now.

  • RobLeenio

    Apr 10, 2018 at 10:20 AM

    Comment #5

    The guy is a pr!ck. The club may have appreciated in value, but it’s in spite of him rather than because of him. He needs to shift aside and let someone with a bit of nouse take over. He said he wouldn’t stand in the way of the club’s progress, but this is exactly what he’s doing now.

  • RobLeenio

    Apr 10, 2018 at 10:28 AM

    Comment #6

    Dubai, ilovetoon. What he was offered before included clauses and caveats. Surely the appreciation in the club’s value would be reflected in a straight offer being given, rather than in any increased monetary value? Sometimes in business you need to know when to walk away. This time is now with regards to Ashley and NUFC.

  • one fine day

    Apr 10, 2018 at 10:33 AM

    Comment #7

    So here we are,
    Sitting well placed .
    A team playing out of there skin every game and finally getting recognition / credit for it.
    No sign of catchy and the over rated Frenchman ( les miserables) and all those who made the blog a no go on match days ,I love toon who got stuck into the team 30 seconds after kick off .
    But here’s a thing … Any chance we can just finally enjoy this and look forward to these young lions finally breaking free and embarrassing a few more of the premier leagues establishment until the end of the season?
    Or are we just going decend into hours of amateur accountancy as we go into meltdown on every bit of click bate about the potential take over ?
    Seems as soon as the whistle blew at King power all the usual ” sources” started up with the mirror leading the way ( media partner no ?)
    What will happen will happen and nothing we can do will change it .
    I expect nothing of el gourdo with his form to shock but until Amanda staverley or anyone else credible is stood on the st James steps announcing a deal is done (if they are serious ask how much and just shell out as if your arguing over 50 mil then you are maybe not ready to own what can be one of europes biggest )I shall just concentrate on enjoying what these lads and Rafa are doing .
    Worrying about how much he will trouser/ skim /sell etc is just a waste of emotion
    Nice to be looking forward to every game for football reasons again .

  • lesh

    Apr 10, 2018 at 10:33 AM

    Comment #8

    Isn’t it possible that Ashley was supposedly willing to take £300m because he knew there was a real risk of relegation? PCP reportedly offered £250m, taking the risks attached to relegation. Remember his asking price was supposedly £350m and now that relegation seems highly unlikely, he’ll be resorting to that asking price. Whether he’ll get £350m is another matter but for sure, he’ll drag things out as long as possible, being the greedy git he is.

  • tommotoon

    Apr 10, 2018 at 10:34 AM

    Comment #9

    Yes it’s takeover talk season again even more so now that we are safe from relegation this club as so much potential surely we can find someone to buy the fat oaf out and take the club forward

  • Jail for Ashley

    Apr 10, 2018 at 10:39 AM

    Comment #10

    Any sane person worth 3B pounds would realise that if Rafa walks he becomes the next Ellis Short but if he sells now at 300M he gets his money back, eleven years of advertising and everything else he’s siphoned off. But what would you know, you and your ship full of rabid sea dogs wanted him sacked in November.

  • 9

    Apr 10, 2018 at 10:53 AM

    Comment #11

    Certain contradictions in your comment, Ed, and similar from many forumites. It’s understandable to see everything through “We hate Ashley/he must go/he’s run the club into the ground” spectacles, because we’ve spent years seeing it and believing it.

    But blind prejudice easily obscures the picture which could equally validly be seen from a completely different point of view: Ashley has been prudent and wise, hence he has a world class manager, balanced books, and a top-ten team which has only been achieved by the monies he has made available – all this in the teeth of thousands of people telling him he was ruining the club .(none of which people have ever run a football club). Our owner could quite justifiably take this line.
    (I know, I know, nobody here wants to even hear this, never mind consider it).

    So, Ed you claim we are a successful top ten team, and also he has run us into the ground. Which of these contradictory views do you want to dismiss?

  • Sav

    Apr 10, 2018 at 10:54 AM

    Comment #12

    ‘There’s something not quite right or ethical’ about Ashley. But tbh, Staveley and Partners wanted to have their cake and eat it. Is she the right boss for NUFC? Does she think Ashley will leave this year’s Prem money for her in his desk drawer and forget about it? Is she even still interested, or is it just our ‘media partner’ Mirror stirring it? The excitement about a new owner is baseless until we see the colour of his or her ambition for the club. So far, there’s nothing to suggest Stavely is any less interested in her bank balance than Ashley.

  • Geordie1

    Apr 10, 2018 at 10:58 AM

    Comment #13

    It begs the question that has been in the back of many minds since it was announced, “is the club really up for sale?” There are doubts as to whether or not Ashley really wants rid or if he was using the sale as an excuse not to invest (not the first time he’s done that). If you believe the club is for sale then the timing of the news does make sense, if you don’t then I guess it makes no difference. Personally, I’m sceptical but hoping. I won’t be holding my breath waiting for it to happen though, I’ll just let the hope sit quietly in the back of my mind, out of the way, calm, never getting ahead of itself….. then if it does happen then yay! party! If not I won’t be overly distraught. Much like any business with Ashley.

  • runheed

    Apr 10, 2018 at 11:16 AM

    Comment #14

    What is this? An amateur economist convention? Ashley is a profiteering pig and wants to walk away with as big a wedge as he can. I find this rationalisation of his ownership a little bit sick making after 10 years of his parasitic presence. Expecting anything reasonable or decent from him is fantasy island stuff.

  • 9

    Apr 10, 2018 at 11:22 AM

    Comment #15

    There isn’t any hope of expecting anything the forum would consider “reasonable or decent” from our owner, because he’s got no reason or motive to change his ways. How we digest this is up to us. Personally, I love the recent upturn in form which is bringing back the pleasure of supporting NUFC. Nevertheless, the bile rolls out uninterrupted on this forum.

  • nufcalex

    Apr 10, 2018 at 1:34 PM

    Comment #16

    The dream of course is survival, a new owner and a long term contract for Rafa. The reality is Ashley won’t sell and he will try and milk another season out of Rafa with very little investment, Rafa then will leave and we may have the next season fighting relegation before we drop and stay in the championship for a while.

  • Dal

    Apr 10, 2018 at 3:14 PM

    Comment #17

    NUFC is worth £350m as a secure premier league club. We may not like Ashley but he is justified in now asking £350m.
    BUT Ashley is a risk taker; the club is only worth £350m with Benitez in place and he will leave at the end of the season without knowing he will be supported by a new owner with positive football business experience.
    Lets enjoy the rest of the season


    Apr 10, 2018 at 3:55 PM

    Comment #18

    One mickey mouse newspaper puts this story out? Where did they get it? Cant see Ashley ringing them up & giving them a scoop. Its just speculation but for 11 years we have seen this leech milk the club & I will be very surprised if we have a new owner by the beginning of season, he is too greedy & very vindictive especially towards the fans, for all his silence & seemingly indifference he still remembers all the signs in ground telling him what we thought of him & he will do all he can to make us pay


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