Takeover Update – It Doesn’t Sound Particularly Positive

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That seems a strange update because presumably the club is still up for sale and no consortium has yet withdrawn their efforts of trying to buy Newcastle.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.

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Comments welcome.

17 comments so far

  • jazzyp

    Jan 4, 2019 at 1:51 PM

    Comment #1

    Rafa still refusing to talk about transfers throughout January

  • Optimistic Panda

    Jan 4, 2019 at 1:53 PM

    Comment #2

    Just missed Rafa on sky sports..

    What did he say?

  • c-dog

    Jan 4, 2019 at 1:54 PM

    Comment #3

    We scored one goal over the festive period

  • c-dog

    Jan 4, 2019 at 1:55 PM

    Comment #4

    Conceded 7

  • jazzyp

    Jan 4, 2019 at 1:55 PM

    Comment #5


    Basically nothing lol.
    Was asked if he can see the fans point of view with constantly being met with a wall of silence. And Rafa mentioned the fact that he came here because he could see the potential of the club

  • hibbit

    Jan 4, 2019 at 1:56 PM

    Comment #6

    divide and conquer, that’s always been Ashley’s number one rule 😉

    Fakeover on course, on time. and proceeding exactly as planned Ashley will keep it going till the window closes just as planned

  • jazzyp

    Jan 4, 2019 at 1:56 PM

    Comment #7

    Rafa will comment on transfers come 1st feb

  • BlacknWhiteBarmy

    Jan 4, 2019 at 1:56 PM

    Comment #8

    Its all smoke and mirrors with Ashlie

  • jazzyp

    Jan 4, 2019 at 1:57 PM

    Comment #9

    Social Media under Mike Ashley has always been angry, frustrated, and rightfully so.

    However, now what I’m seeing is resignation.

    Resigned to the fate of the club. Giving up ST’s.

    I don’t blame anyone one bit. I would never fault someone for walking away until he’s gone.

  • c-dog

    Jan 4, 2019 at 1:57 PM

    Comment #10

    At least 80% of posters on here have changed their tune since last years fakeover
    This is the most United us fans have been
    We can only be united through contempt

    The tide has turned

  • Lindisfarne

    Jan 4, 2019 at 1:57 PM

    Comment #11

    Newcastle United boss Rafa Benítez has been speaking to the media ahead of tomorrow’s @EmiratesFACup clash against @Rovers.

    Here’s what he had to say… #NUFC

    RB on team news: “(Mohamed) Diamé is not available. Fede (Fernández) has been training but is not available, (Karl) Darlow is very close but still not available. We will try to go through, but using the squad we have.” #NUFC

    Benítez: “The main thing for us is to approach the next game trying to win – in this case, it’s the FA Cup. I won the FA Cup (with Liverpool in 2006) so for me, it’s a massive trophy, but I will not take any risks.” #NUFC

    RB on @Rovers: “They’re doing well. They’re improving and watching games, they’re scoring goals, they move the ball well between the lines. If they’re playing against a Premier League team, they will give everything and it will be difficult.” #NUFC

    Benítez: “It’s an opportunity for us to do well. We will play at home; we have to change things at home so it’s an opportunity to do that. Can we do it? I hope so.” #NUFC

  • Jib

    Jan 4, 2019 at 1:58 PM

    Comment #12

    I was looking at Ed’s pic at the top and thinking
    “Hey there’s Southgate wonder who he’s watching”
    then realised we were playing Leicester.

  • BeeGuy

    Jan 4, 2019 at 1:59 PM

    Comment #13

    There is no buyer. MA is stuck with the club and is engaged in wishful thinking. Who would buy a team that will be shat upon by the FA? The FA only caters to the top teams. Until there is a draft, roster limits and salary caps, in other words a level playing field, no one with a good name would allow themselves to be associated with a corrupt cartel.

  • hibbit

    Jan 4, 2019 at 2:00 PM

    Comment #14

    the way things are going Rafa could be gone by then and who would blame him ??

  • geordietom

    Jan 4, 2019 at 2:08 PM

    Comment #15

    my take on this …

    i think whoever the people are who are talking to ASHLEY are taking their time over lodging a bid …

    as we are in a dodgy position in the league at the moment …

    when we are looking safe i think they will come in with their bid for the club…

    who can blame them for waiting…

    who in their right mind would pay over £300 million when we are struggling in the premier league…

    i dont listen to people on here coming on the blog and saying that they have inside info …

    i make my own mind up on things …

    i’am 65 in two weeks time followed wor team through thick and thin …

    seen some shite at wor club but i’am NEWCASTLE UNITED through and through…

    do i think we will get rid of ASHLEY YES but not as quickly as most of us want same goes for the TAKE OVER…

    one thing i do know for certain i’ll be NEWCASTLE till the day i die …

    i know its gloom and doom at the moment but as the song says THINGS CAN ONLY GET BETTER …

  • Dal

    Jan 4, 2019 at 2:15 PM

    Comment #16

    What I do not understand is:
    1. Newcastle is worth £300m as a premier league club (ignore champions league) so surely there is a deal to be done pre the January transfer window around that price less the cost of three transfers to ensure survival
    2. Newcastle would drop £100m to £150m in value should it be relegated, which is a high probability; so surely its worth Ashleys time to spend £50m to £75m on three players

  • Moonraker15

    Jan 4, 2019 at 3:32 PM

    Comment #17

    Ashley is a gambler and will be thinking Rafa will keep us in the premiership without the need to spend.
    If we get relegated we have parachute payments to get back up! All this means a very low spend so fat man is happy enough.
    What a disgusting person he is!


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