With Newcastle looking like we will struggle again this season, Mike Ashley may be looking to sell the club this season before we could become a Championship club again because of his lack of investment in new players.
The Shields Gazette is reporting today that although Ashley was looking for £400M for the club this year after we finished 10th in the Premier League, he will now accept a lower figure for the club.
The report is that he will shift back to his position of a year ago and consider offers of around £300M and that could bring in Ms. Staveley with another offer.
Staveley is still said to be interested in buying the club but not at the £400M Ashley has been demanding this year.
Mike Ashley and Amanda Staveley
The highest offer PCP partners bid last year was reported to be around £250M so we could be close.
But what we don’t want to see is what happened a year ago when the takeover dominated the news and Newcastle went on a 9 game streak and earned just a single point.
We don’t want that stuff to happen again.
But Ashley has a habit of dragging things out and then withdrawing from any proposed deal – and we find ourselves back where we started from.
In fact, one of the problems last year with Staveley buying the club was the threat of relegation.
Any deal would have to have Rafa agree to sign a new contract and stay at the club.
But we are not going to hold our breath on this, and the main thing now is that Newcastle start to win some games and get some points on the board.
Otherwise, it could be deja-vu (all over again) and become a repeat of what happened last year.
And too many Newcastle fans are struggling from relegation stress syndrome – RSS.
What do you think?