If Newcastle are going to be sold in the summer, we would have thought there would be interest in buying the club from some parties – after we are now safe in the Premier League.
But whereas Mike Ashley was reported to be willing to take a cash payment of £300M from Amanda Staveley’s PCP Capital Partners Group in late December, the price will have gone up.
With Newcastle likely to be a top ten club at the end of the season – if we can get back to somewhere near our best form in the final 3 games – the price will have definitely gone up.
The Mirror reported the price Mike Ashley will now ask for the club is closer to £400M and if would-be buyers hesitated at £300M that could be even more misgivings at £400M.
Mike Ashley – expected to support Rafa Benitez in the summer
But in December some complications that existed have been cleared up.
Newcastle are safe in the Premier League and Rafa Benitez has made enough comments to inform would-be buyers he is willing to stay at Newcastle if owners match his ambitions for the club.
But as we have said before, it could be that Mike Ashley sees Newcastle as a successful club over the next year or two under Rafa Benitez and will be unwilling to sell this summer for anything less than £400M.
We will have to see what happens with the negotiations Lee Charnley is having with Rafa’s representatives, but in the short-term, the number one priority is to sign Rafa to a longer deal.
If Ashley wants the price of the club to go up, he should also be giving Rafa ample transfer funds this summer to spend – and he is likely to do that.
Given what Rafa has had to put up with for the last 18 months at Newcastle, things should be a lot easier now – and he will be backed in the transfer window.
The question is whether he will sign a new contract with Ashley still the owner.
But there is a distinct possibility he will.
Rafa knows he and the players have done excellently this season with little or no backing from the owner.
And things can only improve now with Newcastle back in the big money of the Premier League.
Mike Ashley should be willing to increase the price of Newcastle United by backing his manager fully this summer.
What do you think?