Mike Ashley is a good businessman, and he will be looking at how much Newcastle have improved this year under Rafa’s guidance.
Like any businessman, he will realize that Newcastle are now worth more than they were late last year.
At that time he was willing to sell for around £300M to Amanda Staveley, but now the price will have gone up.
Sky Sports reported the price he wants is now between £380M and £400M and he may not get any bidders at that price.
Mike Ashley – Newcastle owner
But Ashley will also be thinking of how much Newcastle will be worth in a couple of years time if he can keep Rafa on board and we continue to improve.
Sky Sports (Keith Downie) has reported on that today:
“If Amanda Staveley’s takeover does go through, Benitez will be expected to commit to a longer contract.”
“If that happens I think he will 100% stay because he has been key in that process, but as it stands now it’s 50:50 whether it will happen or not.”
“The issue now is that the more Newcastle win and the better they play, the more the value of the club rises, which will make it tougher to push through the takeover.”
“The fans are loving the recent form and they deserve that, but for every place in the table, you gain more money, which might make Ashley more reluctant to sell.”
“It’s a fine balance but what is certain is that Rafa is happy in Newcastle.”
“He loves the club and he loves the city. He wants the club’s potential to be realized under his watch.”
Ashley doesn’t need to do much but stay in the background and give Rafa sufficient money for each transfer window – as much as he can afford.
In that way, Newcastle should do a lot better in the league, and the price of the club will continue to rise.
But Ashley has hardly supported Mr. Benitez since January of last year, and that’s made it very difficult for the manager.
He’s fighting to make Newcastle a much better side without the help of the owner!
As Sky Sports reports the significant difficulty for Ashley is how he gets Rafa to sign a new deal when he still owns the club.
That’s his problem and it’s likely Rafa will refuse to sign any new deal with Ashley still the owner.