web analytics

Report – Staveley Takeover Almost Dead – Increased Danger Benitez Will Leave

The Sunday People (Neil Moxley – also published in Mirror Online) are reporting today something which is not surprising at all – Mike Ashley wants a lot more than £300M for Newcastle United.

The report is that Ashley initially wanted £320M for the club and that figure was then raised to £350M last December.

But that figure is now £400M for the club which finished in 10th place in the Premier League this month and will receive £123M from the Premier League.

But Amanda Staveley’s takeover of Newcastle is now almost dead, and it seems that Ms. Staveley cannot raise the extra money – or doesn’t want to.

And we have to remember it’s Sunday.

Mike Ashley – seems difficult and stubborn to work with

The report is that Staveley has been working on the deal for six months but cannot get an agreement with Ashley.

We wonder whether Mike Ashley really wants to sell the club at this time?

He could be wanting to sign Rafa Benitez for say two or three years and then the club will (very) likely be worth a lot more than £400M.

If we were to hazard a guess, we would say Rafa will still sign a new deal to stay at Newcastle, even under the current owner.

It’s difficult to imagine Ms. Staveley buying Newcastle now when she balked at the £300M price tag and the price is now £400M.

The People report is that Rafa wanted the takeover to happen and now there will be more doubt as to whether Benitez will want to stay at Newcastle.

But he’s not going to West Ham, with Manuel Pellegrini almost certain to be signing for them in the next day or two.

And there’s no way Rafa will want to go to Russia to manage Zenit St. Petersburg and be that far away from his family in the Wirral, Cheshire.

That’s the other club said to be after Mr. Benitez.

The danger is that Mike Ashley is so hard to work and not trustworthy that Rafa comes to the conclusion it will never work for him as long as Ashley owns Newcastle.

We are hoping that doesn’t happen, but Ashley has created another soap opera at Newcastle this summer – something that wasn’t necessary.

Comments welcome.

11 comments so far

  • jane

    May 20, 2018 at 8:28 AM

    Comment #1

    nice weather today

  • Harley

    May 20, 2018 at 8:29 AM

    Comment #2

    I wa assuming this deal was long gone anyway. All my hopes are pinned on Ashley and Rafa coming to an agreement.

  • Jib

    May 20, 2018 at 8:40 AM

    Comment #3

    Neil Moxley
    Chief sports’ writer of the Sunday People.
    That’s like being the chief sports writer of
    The Exchange and Mart
    Moxley lives between Birmingham and Coventry
    a perfect location to stay up to date with what’s
    happening on Tyneside

  • lochinvar

    May 20, 2018 at 8:48 AM

    Comment #4

    The Mirror is a toxic rag.
    They write this stuff because they’ve had the Rafa to Spammers story stolen from them by the arrival of Pellegrini.
    The Staveley story is old news and has no substance, it didn’t just reappear on Friday night because something happened, it was cut and pasted onto the back pages because the Rafa to West Ham gossip was history.
    In the meantime we are busy giving professional contacts to Matty Longstaff and another lad, the Under23’s are winning out in Hong Kong and Rafa is busy with numerous transfer targets and may even be talking with his mate Torres as a record signing to boost out attacking options, sell more shirts, improve revenue streams and create global interest in NUFC with the bonus for Mike Ashley of more free advertising for Sports Direct across the globe.
    Looks like Rafa is busy with NUFC business and a non takeover is a non story.

  • martoon

    May 20, 2018 at 8:48 AM

    Comment #5

    I have to say while Lee Ryder is not the best Sports Journalist he does have contacts in the club so I tend to believe his reports rather than these type of reports!

  • DubaiMicky

    May 20, 2018 at 8:54 AM

    Comment #6

    lochinver, well said.

  • Jail for Ashley

    May 20, 2018 at 8:57 AM

    Comment #7

    It was RobLeenio that suggested the Rafa leaving scenario, therefore he would be giving a farewell speech. Please keep up.
    When Ashley has shafted us in the past nobiody has taken much notice, with a high profile manager like Benitez in charge pundits are talkinmg about how little has been spent, Rafa is exposing Mikey foir what he is, he better get onside quick and sign him up with the demands he is asking for.
    ”Before Rafa signed on you where telling everybody we would get another Pardew or worse…and that we’ve couldn’t attract a top manager!”
    No i wasn’t jesper, I was telling everyone we couldn’t possibly do any worse than Pardew so get rid of him, I was wrong mind we hired Carver and Mclaren.

  • SredniVashtar

    May 20, 2018 at 9:04 AM

    Comment #8


    You mention Torres as a record signing? Now I would love to see Torres here, but given his age I’m not sure I would pay 15 mil plus for him. He would only come here for 2 years at most and his wages would be big enough so I would not support spending huge amounts on him, given there are probably other younger strikers out there who we could get for 20-25 mil.

  • Munster Mag

    May 20, 2018 at 9:11 AM

    Comment #9

    My best guess is that Rafa won’t sign a new contract but will get OK funds. Nothing wonderful to spend. We will get above mid table, just missed out on Europe and then the renegotiations start. At that point we will have more sky bucks and he will get a very decent budget and sign up. I think we need to be cognisant of the cost of relegation and most of us only realise now just how it badly it damaged us.

  • Jib

    May 20, 2018 at 9:13 AM

    Comment #10

    Torres is a free agent next month
    the £15M is probably his wages for 2 years
    £140K per week.

  • Ultra Mag-ness

    May 20, 2018 at 9:44 AM

    Comment #11

    I think Mike may need to physically employ someone to value the club rather than pick numbers out of a hat! The club was a mid-table premiership team when the takeover talks “supposedly”started and still is now and the negotiations stalled at £300m.

    The rules of Supply and demand dictate that if there is no interest, then to stimulate interest, you reduce your price. This is if you actually want to sell – which he doesn’t.

    My issue is why he wouldn’t want to sell (he previously said he wouldn’t until we won something but you would have to at least “try” to win something for that to happen). If you need to keep putting money in to keep the club running while it makes say a £90m loss? Then the club just haemorrhages money and is not in your interest to keep it? For the free advertising? Does anyone shop at Sports Direct because his signs are plastered all over the stadium or simply because it’s cheaper than a lot of it’s competition?

    Mike has the same level of interest in the club as a club as the rates on his “loans” to it so why not take the value of what he paid plus the money injected in and put it towards something with a better return.


You must log in to post a comment.