Three Parties Reported Interested In Buying Newcastle

The Northern Echo is reporting today they think that three interested parties have held talks with Mike Ashley over the last couple of months.

Two of those parties have entered into non-disclosure agreements so they can take a deep dive and look at Newcastle financial records.

They must keep what they find confidential and not disclose what the information to anyone – the definition of a non-disclosure.

Mike Ashley in his interview with Sky Sports last night said the talks with some party were “at a more progressed stage than they have ever been.”

Arthur Blank – potential new owner of Newcastle

It could be that Ashley broke the news to get other potential investors involved which will help raise the price he can sell Newcastle for and also should quicken the sale of the club.

Ashley also said he would like to get the deal closed before January, but if the talks are not at a really advanced stage that will not happen.

It’s also going to important for Newcastle to get back to their winning ways becasue a move up the table will very much help a takeover.

Arthur Blank, the New York billionaire is one person said to be interested in buying Newcastle outright with his own funds.

But the Northern Echo report he is not one of two parties who have signed disclosure forms.

Here is an excerpt from the Northern Echo report:

“There are at least three interested parties have held discussions with Ashley and his representatives in the last two months, with at least two signing non-disclosure agreements.”

“Blank is not believed to be involved with any of the groups that have signed NDAs with Newcastle officials.”

And Ashley’s surprise comments could have been an attempt to ascertain just how serious his interest is.”

Hopefully, the three interested parties will move quickly with one of the interested parties doing the deal as soon as possible.

It will be fantastic news for Newcastle fans if the new owners present themselves before the end of the year.

But there’s a lot of hope in that comment.

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Comments welcome.

50 comments so far

  • Jail for Ashley

    Dec 4, 2018 at 12:37 PM

    Comment #41

    I think it’s bollix to wind us up!

  • ShirebrookToon

    Dec 4, 2018 at 12:38 PM

    Comment #42


    Jib has to approve all links posted in this blog 😎

  • Jib

    Dec 4, 2018 at 12:43 PM

    Comment #43

    I thought it was a bit disrespectful to post links
    from a rival Toon site but Ed tells me he has no
    problem with it – so bash on.

  • ShirebrookToon

    Dec 4, 2018 at 12:46 PM

    Comment #44

    Thanks jib 😛

  • RobLeenio

    Dec 4, 2018 at 12:48 PM

    Comment #46

    Anyone see the French DJ Martin Solveig, hosting the Ballon D’Or awards last night, ask the winner of the Womens’ awards to twerk?

    Did anyone ever ask Ronaldo or Messi to twerk? There’s a good reason why not – they are well respected athletes at the top of their profession, just as is Ada Hegerberg. It’s mental that this little turd thought it was OK to treat her like that.

  • ShirebrookToon

    Dec 4, 2018 at 12:54 PM

    Comment #47


    He’s a frog, what do you expect 😉

  • The next Mike Williamson

    Dec 4, 2018 at 12:57 PM

    Comment #48

    No Betty. I think there is an offer on the table, but he is possibly announcing this just to give the magpie group a kick while they’re down. It will really be the final nail in the coffin for them and if he does have to stay he has wiped out his enemy. He’ll take pleasure from (in his mind) outsmarting them.

  • Tsunki

    Dec 4, 2018 at 1:08 PM

    Comment #49

    Is this a case of mistaken identity caused by Mike’s PR firm leaving “Blank” in the “Insert interested parties here” part of the latest propaganda memo?

    I’ll have a guess at three –

    7th Earl of Lucan
    A Unicorn. Preferably a rainbow one.

  • Sav

    Dec 5, 2018 at 1:40 AM

    Comment #50

    “Ashley has received bids in excess of £300m from at least four parties; the majority of whom are understood to be backed by foreign investors, according to Sky sources.”

    Well please, just pick one and
    Except we’ve heard it all before.
    Mashley is a one-trick pony but even the most gullible and trusting amongst us must be sick of it by now.
    Just roll up your tat and rock on.


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