Peter Kenyon Desperate For Investors – This Doesn’t Look Promising


There’s some news today about Peter Kenyon’s bid to buy Newcastle with financial backing from Rockefeller Capital Management Group.

Kenyon is said to be having a “whip-round” (so to speak) as he attempts to get enough money to buy Newcastle and meet Mike Ashley’s price.

The report is in the Sun and Kenyon is appealing to investors to back his Newcastle takeover attempt by offering at least £1M as a buy-in.

It seems that Kenyon is at least £80M short of Ashley’s asking price so presumably, he is now trying to raise that money from individual investors.

They can own part of Newcastle United although it’s not a significant share by any means if they invest only £1M.

So we can be sure now that Kenyon just doesn’t have the money Mike Ashley wants to sell the club.

That is not good news, and also, Kenyon needs to pay for the club in installments, but it’s only over the next year.

That’s not a problem, and the owner has said in the past he is willing to do that to facilitate a sale.

But you wonder how much money would be available for investment in players which is the high priority at Newcastle at the moment.

But Ashley would be very willing to sell the club to Kenyon if he can come up with the money since the owner thinks he is the best fit to take over the club in the current circumstances.

And maybe a businessman like Sir Richard Branson might help out with say £50M as a buy-in – or even more.

What’s Richard’s number – I’ll try to give him a call.

🙂

It also suggests that Ashley’s idea of pairing Peter Kenyon’s group with that of Garry Cook’s is a non-starter.

Mike Ashley can put the club up for sale as many times as he likes, but if he is not asking the market price for the club, then nobody will buy it.

That’s the ruse Ashley has used before, and it’s looking like the same thing again.

As we said, this doesn’t look promising.

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32 comments so far

  • Shadow_Shearer

    Jan 11, 2019 at 10:05 AM

    Comment #1

    Toon22 is a foutune teller!!!

    3
  • hibbit

    Jan 11, 2019 at 10:07 AM

    Comment #2

    if it is the club/bishop releasing these ridiculous stories then surly any nda that Kenyon would have been required to sign would be null and void,
    why is he allowing this to happen is he just another ashLIE stooge, who’s prepared to risk his credibility and respect in the business/football community for ashLIE’S favour

    6
  • Shadow_Shearer

    Jan 11, 2019 at 10:08 AM

    Comment #3

    But seriously why would you even attempt to buy a club when you are 100 million short. Especially when u dealing with greedily fat slug Mike Ashley

    2
  • Mag :P

    Jan 11, 2019 at 10:08 AM

    Comment #4

    Cdog

    It’s not the players fault though?

    They don’t deserve to be shunned because it’s all we can afford.

    If they aren’t putting in the effort that’s when I concur that distasteful interactions can be held.

    Otherwise, what kind of supporters are we? And what kind of message does it send to other fans around the globe of other clubs? That we don’t tolerate bad players? Wow that’s big of us.

    15
  • Shadow_Shearer

    Jan 11, 2019 at 10:09 AM

    Comment #5

    Greedy fat slug

    2
  • Jail for Ashley

    Jan 11, 2019 at 10:10 AM

    Comment #6

    Rotonda,
    If Rafa had of been backed as promised and we were sitting in eighth with a home tie in the FA cup to look forward to and a second leg semi against Man City in the league cup then Mbabu would only ever be mentioned on the born or died on NUFC.com and I doubt very much if Jacob Murphy’s development would even be a talking point.

    5
  • Jail for Ashley

    Jan 11, 2019 at 10:10 AM

    Comment #7

    Sorry about the repost was very late there.

    0
  • toon22

    Jan 11, 2019 at 10:12 AM

    Comment #8

    MA has no intention of selling the club

    4
  • Jail for Ashley

    Jan 11, 2019 at 10:12 AM

    Comment #9

    Aye, all bollcks to make out we’d be better off as we are.

    1
  • Shadow_Shearer

    Jan 11, 2019 at 10:12 AM

    Comment #10

    Question is, if Benitez walks out after having plenty of interest and offers, won’t several players want to go as well. As the ones who joined under Rafa did it to be managed under him.

    3
  • BlacknWhiteBarmy

    Jan 11, 2019 at 10:19 AM

    Comment #11

    Even a penniless Kenyon would be better the Ashlie – at least he knows football and would have some ambition re cups / titles – instead of EPL survival and profit!

    2
  • Shadow_Shearer

    Jan 11, 2019 at 10:20 AM

    Comment #12

    If the sports direct signs is a sticking point, the deal is very unlikely to go through. Whoever buys will want to market his own business through Newcastle, & they won’t be able to do that.
    No wealthy billionaire is going to invest knowing he can’t market his own brand. That way they will make making some of there money back, even if it’s only half. This could be a tactical ploy from Fatman to get the price of the club up. And we know he’s not the easiest to nudge. You got a better chance of lifting him.

    4
  • BlacknWhiteBarmy

    Jan 11, 2019 at 10:22 AM

    Comment #13

    Quite happy for ShiteDirect to advertise at SJP – as long as they pay the going rate!

    2
  • Mindshaft

    Jan 11, 2019 at 10:23 AM

    Comment #14

    Can’t imagine this is true, surely Kenyon has the backing and money to buy the club otherwise Ashley wouldn’t entertain him having access to the books to do due diligence – if I can just tell Ashley I want to buy and am loaded I’m pretty sue he’s going to want to see I have the money before letting me look at books…… unless of course this is all a big ruse and there is no bidder

    2
  • RobLeenio

    Jan 11, 2019 at 10:29 AM

    Comment #15

    “So we can be sure now that Kenyon just doesn’t have the money Mike Ashley wants to sell the club” – not sure about that Ed, just because it’s in The Sun does not make it so.

    We’re all hung up on Kenyon but we know Garry Cook was at the ground. I know there’s been talk of a joint bid, but there was skepticism over that and rightly so.

    So, even if Kenyon does prove to be a dud, that doesn’t mean Ashley won’t have a buyer

    2
  • ronaldo aarons

    Jan 11, 2019 at 10:29 AM

    Comment #16

    My consortium is looking increasingly less like a joke each passing day!!

    Going by reports, Kenyon has put together less than staveley. Yet staveley and her backers classed as time wasters but kenyon is classed as more serious and most advanced of any takeover in the past. Hmm.

    As I said from day 1. All bs. No takeover happening.

    10
  • Shot Bru

    Jan 11, 2019 at 10:32 AM

    Comment #17

    Another fabricated takeover conspiracy! Next week it will be Cook’s turn at pleading poverty.

    Jail and the frog have been spot on with their analysis so far

    More than likely, Kenyon, Cook and Staveley, have all been given backhanders from Fat Mike
    to get in on the fakeover.

    4
  • hibbit

    Jan 11, 2019 at 10:32 AM

    Comment #18

    Mindshaft @14
    Kenyon needs to speak up then, the press are making him look a fool on a daily bases,even if he just has a go at the sun and denies this crazy story; but to just do nothing makes him look very guilty !!!!

    1
  • ashleysmate

    Jan 11, 2019 at 10:33 AM

    Comment #19

    Kenyon was an excellent ceo at manure and Chelsea, especially manu.
    He left Chelsea mainly because he was sick of the owner hiring and firing managers at the drop of a hat

    2
  • c-dog

    Jan 11, 2019 at 10:34 AM

    Comment #20

    @rob

    I believe supporting the players is supporting the club transfer policy. Right now all I support is the club name and it’s history. Does it still give me satisfaction to see us win? Yes. Do I want to see this team win? I’m not sure I care anymore.

    Ashley and his penny pinching transfer policy is the sole reason for that mindset.

    I also couldn’t give a shizzer what other clubs think of us.

    3
  • Singinginthecorner

    Jan 11, 2019 at 10:34 AM

    Comment #21

    Correct me if I’m wrong but this story comes from the sun lol what do they know, what does anyone know, well I’ll tell you they know nothing bloody nothing it’s all speculation and click bait. The reason they put a non disclosure in place is so no information gets disclosure, if it was then the person that did would be sacked. This is now just a waiting game until 31st of Jan then let the fun begin.

    2
  • c-dog

    Jan 11, 2019 at 10:36 AM

    Comment #22

    @rob

    If it was all we could afford I’d support them
    But it’s not all we could afford

    You know we’re not spending as much as we could

    0
  • ramboreilly

    Jan 11, 2019 at 10:57 AM

    Comment #23

    So according to the papers its not Ashleys fault we are not buying Almiron its the player being greedy.Its not Ashleys fault he hasnt sold the club,its Kenyons having no money.Dont believe the papers.

    4
  • geordietom

    Jan 11, 2019 at 10:58 AM

    Comment #24

    day 11 …

    still no players bought …

    still no positive take over news …

    0
  • Nostra Magpie

    Jan 11, 2019 at 11:22 AM

    Comment #25

    If this story is true and it’s a stretch, then I’m happy Kenyon cannot purchase our club.

    If he ain’t got the money to buy, he ain’t got the money to invest so what’s the damn point, sometimes it’s better the devil you know!!!!

    0
  • Moonraker15

    Jan 11, 2019 at 11:24 AM

    Comment #26

    Msg:p
    Regarding the players. If you look at the opposite situation and we were to be able to sign say, Harry Kane for example, then the crowds would flock to SJP as indeed they did when we signed Alan Shearer! So it’s perfectly natural to stay away when the players are second rate. If I have to watch much more of Perez constantly giving the ball away, or Joselu without a clue in front of goal then I won’t be going there! It is all about the players on the field at the end of the day; imagine going to watch Eden Hazard or David Silva every week!

    1
  • Moonraker15

    Jan 11, 2019 at 11:25 AM

    Comment #27

    *Mag:p

    0
  • Moonraker15

    Jan 11, 2019 at 11:28 AM

    Comment #28

    Nostra
    The devil we know is killing our club! Kenyon, would be better even if he only spends “what the club generates” !

    3
  • ashleysmate

    Jan 11, 2019 at 12:42 PM

    Comment #29

    This is all bollocks… Its Ashley’s pr machine in full flow so in Feb he can turn around and say “well, I gave them enough time to find the funds but now I’m not selling… Kenyon is an amateur.. unlike me”

    0
  • Geordie-john

    Jan 11, 2019 at 1:20 PM

    Comment #30

    THIS IS ALL BOLLOCKS FROM START TO FINISH.
    THIS SO CALLED TAKEOVER HAS JUST BEEN A PLOY TO TAKE THE HEAT AWAY FROM FATLAD AGAIN AND AGAIN IT’S WORKED.
    NOT ONLY WILL HE NOT SPEND IN THIS WINDOW BUT HE WILL SELL THE LIKES OF SHELVEY AND POSSIBLY ONE OR TWO MORE FOR YET MORE PROFIT IN THE TRANSFER WINDOW WHILST PROMISING FUNDS FOR RAFA TO SPEND IN WHAT TIME IS LEFT IN THE WINDOW PROVIDING FATLAD HAS THE FINAL SAY AND IN WHICH CASE HE WILL NO DOUBT EITHER HAGGLE OVER THE PRICE SO MUCH THEY WILL WALK AWAY
    EVEN AFTER THE SCOUTS AND RAFA HAVE SPENT SO MUCH TIME COURTING THE PLAYERS, OR SAY THEY DON’T FIT INTO HIS CRITERIA .

    SAME OLD SAME OLD SHIT !

    THERE IS NO TAKEOVER AND THERE NEVER WAS. KENYON I THINK HAS BEEN PAID SOMEHOW BY FATLAD TO JUST GO ALONG WITH THIS LITTLE ESCAPADE. WHO WILL IT BE NEXT YEAR OR WINDOW ?

    I THINK WE ARE GOING TO BE RELEGATED AND WE WILL LOSE RAFA. BUT I THINK THAT EVERYONE NOW NEEDS TO STICK TOGETHER AND AVOID GIVING THIS SOUTHERN FU##ER ANYMORE MONEY. THAT’S ALL HE WANTS AND HE WILL NEVER LET GO AS LONG AS THE PROFITS ARE STILL COMING IN .

    ON THE OTHER HAND IF KENYON IS GENUINE , HE CAN’T GET ENOUGH MONEY TOGETHER TO BUY THE CLUB THEN HOW THE HELL IS HE GOING TO BUY PLAYERS THAT WE NEED ?

    OUT OF THE FRYING PAN AND INTO THE FIRE COMES TO MIND

    3
  • Munster Mag

    Jan 11, 2019 at 2:56 PM

    Comment #31

    Jail, it doesn’t matter what cud or shud have happened. Offloading mbabu looks a stupid decision. Maybe rafa was naive re Ashley, or just makes flawed judgements like others. Oh I forgot, on an open blog we can’t question Rafa.

    0
  • Dive46

    Jan 12, 2019 at 9:54 PM

    Comment #32

    Geordie-John, you may call me Geordie-Essex as I have supported NUFC since 26 Oct 1946!
    I relate to a lot of what you said. We will go down. We shall lose Rafa. But we shall, like the phoenix, rise from the burning ashes to become the united we used to be – bold, local and successful.

    0

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