There is news in the Chronicle today that Newcastle owner Mike Ashley has been asked by some of the consortiums trying to buy Newcastle for extra time to negotiate a deal.
That seems a strange update because presumably the club is still up for sale and no consortium has yet withdrawn their efforts of trying to buy Newcastle.
The report is that sources close to the deal say there has been some dialogue early this year on the potential sale.
But no satisfactory offer has yet been made to Mike Ashley.
Mike Ashley – Newcastle owner still negotiating
There were some reports that Peter Kenyon’s bid of £200M with £100M being paid in installments when and if Newcastle qualify for the Champions League in the next ten years has been turned down by Ashley, but negotiations are still said to be ongoing.
We assume some of the four consortiums are still interested in buying Newcastle but are any of them willing to pay the £300M price that Ashley wants; that’s the critical question.
So far it doesn’t seem like they are, and therefore the takeover could start to peter out this month.
And are the consortiums willing to bid now with Newcastle in real relegation trouble which could get a lot worse by early February after we have played Chelsea, Man City, and Tottenham.
We’ll also have to wait and see if Mike Ashley is willing to support Rafa in January, but the manager may only be able to bring in players on loan from the continent.
Rafa will be keen to do as much as he is allowed to fo this month by Ashley to strengthen the squad and try to save Newcastle from another relegation.