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Why There Is Still Some Hope That Ashley Can Sell Newcastle

Most of us thought in the last two months of last year that Mike Ashley could (would) sell Newcastle United as Amanda Staveley and her PCP Capital Partners Group were attempting to reach a deal.

At one point there was said to be a bid of £250M from Staveley and Ashley wanted £300M and it looked close – but it all that fell through in early January when Ashley pulled the rug from under Ms. Staveley.

At the time, he said it was a complete waste of time and that Staveley had no real desire to buy Newcastle United.

Since then Mike Ashley has gone through two transfer windows with Newcastle and has put a block on Rafa Benitez’ spending of any big money as he continues to run the club on peanuts.

His strategy is:

Spend as little as possible while keeping Newcastle a Premier League club – with all the free publicity that gets Sports Direct.

The very approachable Russian entrepreneur Alisher Usmanov

With Newcastle amazingly finishing 10th in the Premier League last season, Mike Ashley raised the price of Newcastle to £400M.

No reward for the man who was mainly responsible for that – Rafa Benitez – and Rafa again had to wheel and deal in this summer’s transfer window.

Doesn’t Ashley realize that if he spends money to build a good team, we can finish high up in the Premier League, and the price of the club goes up?

That’s to his advantage.

Newcastle United are not currently worth £400M but it allows Ashley and his cronies to say the club is on sale, but that there have been no serious bids or buyers for the club.

The Chronicle are reporting today that because of the comments of  Russian entrepreneur Alisher Usmanov earlier this week – there is interest from Billionaires and the like in buying Premier League clubs.

Hopefully, the publicity this summer about Mike Ashley’s abysmal running of the club could help attract some buyers while Rafa is still the manager.

The 64-year-old Russian mining and telecommunications tycoon last year was said to be worth  $15.6B by Forbes – about  £12.3B – o he has plenty of money – and maybe enough to buy Newcastle.

This is what Usmanov told Bloomberg this week – as reported in the Chronicle:

“Should there be a proposal or a possibility to invest in them (PL clubs) with good potential returns, I would consider the deal,”

“When I bought the stake in Arsenal I believed that football brands would be able to generate profit. This is happening now.”

Usmanov has links to Everton and is said to be interested in buying Bayern Munich, AC Milan, and Roma – so he’s not interested in buying Newcastle.

And those three are not PL clubs either although they are big names in football.

But the point here is that entrepreneurs are taking interest in the enormous money PL clubs are getting for the next four years at least.

The best way to make money from Premier League clubs is to balance the books while investing available money in top players so they become top clubs in England.

There’s easily enough money at Newcastle for Rafa to be able to do just that.

If the owner would do that for Newcastle and we scrape into the top six under Rafa Benitez then we’d be worth an awful lot more than £400M.

But Ashley for some reason we just don’t understand – doesn’t want to do that.

The bottom line is there are entrepreneurs interested in buying big clubs – and hopefully, one can turn up with real money and buy the club.

That would solve one big problem Newcastle United had had for 11 years now – Mike Ashley is the owner.

Here’s wishing and hoping – as always.

Comments welcome.

9 comments so far

  • geordietom

    Aug 15, 2018 at 3:09 PM

    Comment #1

    dont think it will this russian guy his best m8 has got big shares in everton … so i think his money would go to the blue side of liverpool… some one mentioned chinese or south koreans yesterday any more news about that ?

  • Wayayman

    Aug 15, 2018 at 3:13 PM

    Comment #2

    I thought Moshiri the Everton owner was Usmanov’s Iranian accountant? Rumours were at the time Usmanov had him in charge as he couldnt be connected to two PL clubs at once. Can’t remember where I read that so could be rubbish.

  • funguswatty

    Aug 15, 2018 at 3:13 PM

    Comment #3

    The club can confirm that the knee injury sustained by DeAndre Yedlin on Saturday was not serious.

    The USA international defender limped off towards the end of United’s season opener against Tottenham Hotspur.

    However he has been assessed and undergone treatment this week and is likely to resume training with his team-mates shortly.

  • Jib

    Aug 15, 2018 at 3:15 PM

    Comment #4

    “When I bought the stake in Arsenal I believed that football
    brands would be able to generate profit. This is happening now.”

    Take warning from that
    these guys need to make

    He and Kroenke dragged Arsenal down
    rather than take the club to a new level

  • posada

    Aug 15, 2018 at 3:24 PM

    Comment #5


    Aug 15, 2018 at 3:00 PM
    Comment #33

    Posada – easy to pick on the young player, but there are several players who backed up the claims and we are losing players to other clubs because of this (Gibson to Everton for example). All the young players are too soft in your mind. You should just yell “Get off my lawn!”

    Young player ! He’s 23 years old in 8 weeks time.
    He’s not a 16 year old who has just left home.
    We shipped out loads of players from last seasons U23 side.
    Now, were they not good enough because of PBs coaching. Or were they just not good enough from the off, which explains why we don’t bring many through.
    Well, lets see how well they do. Whatever qualities they had, skill, determination, motivation, self belief, they still have and should progress.
    Football is tough. It’s driven by short term contracts. If you are good enough you are wanted.
    Many players get rejected, but still make it.
    Jamie Vardy being an example.

  • posada

    Aug 15, 2018 at 3:29 PM

    Comment #6

    I’d stress again I just don’t know what happened and that applies to all on here.
    I know this. These panels are notorious for not being fair.
    They decide things on the balance of probabilities.

    I won’t think any less of PB unless he is charged with a criminal offence.
    Appears before a jury of his peers.
    Is found guilty using the burden of proof – proved beyond all reasonable doubt.

    I would suggest many do likewise.

  • 9

    Aug 15, 2018 at 3:54 PM

    Comment #7

    No smoke without fire.

  • Sav

    Aug 16, 2018 at 8:28 AM

    Comment #8

    If Mashley would take the TV money and reduce the price of the club accordingly, most fans would say fair enough. But it is just a cash cow and billboard for the leech.

  • ninespuds

    Aug 16, 2018 at 1:29 PM

    Comment #9

    @Wayayman; you are correct about Usmanov/Moshiri. He’s a front to avoid dual ownership rules


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