Report – Staveley Ready To Begin New Round of Takeover Talks With Ashley

There’s news in the Northern Echo that Amanda Staveley and her PCP Capital Partners Group will start new takeover talks with Mike Ashley once Newcastle have guaranteed their survival in the Premier League.

We are now 10 points (11 if you count goal difference) above 3rd bottom Southampton with only six games to play.

Rafa Benitez believes that 40 points will be enough for survival – so a win against the Gunners on Sunday will take us to 41 points, and we should be safe.

Let’s hope the negotiations are done more efficiently this time around, and this thing doesn’t drag on through the summer.

And there’s really no reason why they cannot start now on the basis that Newcastle survive in the Premier League, and we should know that fairly quickly.

New owner Amanda Staveley with former owner Mike Ashley – hopefully, this will happen quickly

The report says that Mike Ashley still values Newcastle at around £350M, so if Amanda Staveley would increase her offer by just £50M with zero clauses – a deal could be agreed very quickly.

It should be more attractive to Staveley with Newcastle likely to pick up around £125M from the Premier League next month and guaranteed another season in the big money league.

The next three year deal for domestic Premier League TV rights to start in 15 months time did not reach the figure of the last deal.

So the money could be topping out but there’s still the International TV rights with interest still increasing around the world..

But there is a lot of skepticism from Newcastle supporters about a deal being struck, and if Ashley really wants to sell and Staveley wants to buy there could be a quick deal done.

But nothing is ever easy at Newcastle but the main thing this summer is to ensure Rafa gets sufficient transfer money to get busy in the transfer market to rebuild the side for next season.

Ashley cannot keep shooting the club in the foot by refusing to give our world-class manager some decent transfer funds to spend.

The perfect scenario is that the club gets sold before July, but why do we think that’s not going to happen?

Comments welcome

10 comments so far

  • Tosun A. Wobbler

    Apr 11, 2018 at 3:27 PM

    Comment #1

    Yep! “Rip the piss out of Newcastle supporters” season is open again!

  • ronaldo aarons

    Apr 11, 2018 at 3:32 PM

    Comment #2

    All eyes on curry shops!!

  • Essex Geordie Bill

    Apr 11, 2018 at 3:34 PM

    Comment #3

    Ed, why do we think that’s not going to happen, anyone got any reason to doubt it.

    Remember polite answers only!!

  • DubaiMicky

    Apr 11, 2018 at 3:38 PM

    Comment #4

    I can imagine the convo.

    AS – MA, we want to buy the Toon again.
    MA – Fine, show me you have the money and we’ll talk.


  • jazzyp

    Apr 11, 2018 at 4:33 PM

    Comment #5


  • Munster Mag

    Apr 11, 2018 at 6:11 PM

    Comment #6

    Are we better with a woman who seems short of funds and represents people we don’t know? Could they not have agreed a deal conditional on survival. Wud Ashley publicly scorn her if he wanted a sale and she wanted a purchase and had the dollars? Nobody likes Fats but….

  • mactoon

    Apr 11, 2018 at 6:14 PM

    Comment #7


    Spot on!

    First Ashley will now increase the asking price due to the TV money deal and Premiership safety
    Secondly, AS has to meet that valuation unconditionally (which she won’t) then she has to put the money into a holding account to prove to Ashley she has the available funds (Which I doubt she will as her main backers the Reuben brothers have distanced themselves from any interest)

  • mactoon

    Apr 11, 2018 at 6:16 PM

    Comment #8

    @Munster Mag

    He outed her as she didn’t show him that she had the money he wants ready to transfer and will not entertain her until she does.

  • mactoon

    Apr 11, 2018 at 7:20 PM

    Comment #9

    Primarily the question that needs answering is ‘Does Ashley really want to sell?’

    If he does, he needs to state the price he wants following the announcement of the 3 year guaranteed TV money deal and the club staying in the Premiership.

    This price will no doubt be increased from the current reported figure of £300 million and Amanda Staveley will need to meet it unconditionally if a deal is to move forward.

    The next thing is she needs to make the money available in a holding account so Ashley can see she is in a position to move forward. This hasn’t happened to date and given that her main backers, the Reuben Brothers have distanced themselves from any involvement she needs to secure credible financial backing to even get to this stage.

    Essentially any prospective buyer needs to put up to call his bluff. Then we will know.

  • sphinxhunter

    Apr 12, 2018 at 2:26 AM

    Comment #10

    Are you people all Ashley cronies? Arsely might own the club at present, but if he wants to sell he needs to match the price the market is willing to buy at. Where are all the buyers, pushing the price up? Arsely is not serious about selling, he is blowing smoke up your proverbials, because he won’t back Rafa with funds and he wants to limit the damage of a supporter backlash in the form of reduced season ticket sales. NUFC is in for more of the same – that will result in sale of players for marked up prices (eg Shelvey to WHU, Lacelles to CHE, etc, etc) and Rafa finally agreeing to leave when some (probably Spanish) club trigger Arsely’s buy out clause on Rafa’s contract – sad, and I cry over the reality of it, but most likely outcome.


You must log in to post a comment.