With Newcastle’ Future Now Assured – This Could Be Mike Ashley’s Two Year Plan


There’s a piece in the Chronicle today that reports Mike Ashley will put the club up for sale for a minimum of  £400M  this summer and with Newcastle safe in the Premier League and likely to finish in the top ten he is less willing to sell for anything less than that high figure.

The other way to look at this is that if Ashley can persuade Rafa to stay for only an extra one or two years and he backs him in the transfer market with decent funds, then Newcastle could be worth a lot more than  £400M in two years time.

That’s why he will only take an outstanding offer to sell the club this summer – and it likely will not happen.

The other thing we could hear from Ashley and his people on the ground at Newcastle – Lee Charnley, Justin Barnes and PR man Keith Bishop – is they will fully back Rafa Benitez this summer.

And they are likely to make a big deal of that because Rafa is key to them and he’s key to Newcastle.

Lee Charnley and Mike Ashley – will stay in place for at least two years?

But Ashley said last summer he would back Rafa with every last penny the club had,  but he then didn’t give the manager more than £20M net to spend last summer and limited his deals last January to only three loan deals.

It would be in Ashley’s interests to sign Rafa up – but we don’t think Rafa would sign for a really long-term deal with Ashley still the owner.

Ashley’s best bet would be to extend his contract by a year or two and maybe give Rafa a rise in wages.

That would give Rafa time to make the team that much better than we are right now, and the club that more expensive in two years.

One thing that Ashley would have to solve is that Rafa wants to overhaul the Youth Academy and also significantly improve the training grounds at Benton which are not suitable for a top club.

So if we hear that Mike Ashley wants to sell, he will back Rafa to the hilt this summer and wants to extend Rafa’s contract then this could be what he’s thinking.

Wait two years when the price of the club – if Rafa does well – could be more than £600M.

It would be a good move for Ashley who would get more money to satisfy his greed.

With Newcastle looking like they will only get better with Rafa Benitez at the helm we would be surprised if he sells up this summer.

What do you think?

Comments welcome


6 comments so far

  • Dragon64

    Apr 25, 2018 at 2:15 PM

    Comment #1

    400 million no one will buy us? fat mike is not selling we are doomed

    3
  • RobLeenio

    Apr 25, 2018 at 2:52 PM

    Comment #2

    On the 9th April, I pointed out that the accounts in the last two years have been published on the 6th April and they were therefore delayed this year. They still haven’t been published over two weeks later.

    Lesh said last time they could be getting a final polish to get them past the auditor. Is it likely for them to take this long over it? Can we call these accounts officially overdue yet?

    If so, could this potentially be a sign of something going on in the background?

    1
  • toonluvva

    Apr 25, 2018 at 5:55 PM

    Comment #3

    Robleenio

    I wonder if there is a problem with the custard creams section of the accounts?

    1
  • sickandtired

    Apr 25, 2018 at 6:01 PM

    Comment #4

    Give over. Net spend in the summer was £11.5 million. Rafa made a £30 million profit from sales and reduced the wage bill by a further £800,000 per month. Including the January loan deals, fees and wages, our net spend is under £25 million for the entire season.
    Ashley has no plan. 11 years has proven that, other than to maximise his own profits from ownership.

    3
  • lesh

    Apr 25, 2018 at 8:08 PM

    Comment #5

    RobLeeno

    Late accounts filing?

    It appears that UK companies have a period of up to nine months from their year end to file accounts with Companies House. Nothing illegal I’m afraid.

    https://www.gov.uk/prepare-file-annual-accounts-for-limited-company

    0
  • lesh

    Apr 25, 2018 at 8:12 PM

    Comment #6

    Ashley will fully back Rafs will he?

    ‘Fully’ is a matter of interpretation but if Ashley says it, he must mean he’ll give Rafa ‘every last penny’ again.

    The greedy grub says owt but his prayers and I can’t see Rafa falling for that again!

    0

You must log in to post a comment.