There’s a report in the Sunday Times today by Martin Hardy that Mike Ashley has officially taken the club off the market.
The report is that Ashley put a six-figure sum into trying to sell the club before Christmas but was unsuccessful.
That’s presumably so he could sell the club to his preferred buyer at that time – a consortium lead by Peter Kenyon.
But the £300M Ashley wanted for the club couldn’t be raised by any of the four consortia said to be interested in buying the club late last year.
That must have been a close call for Ashley who we never thought wanted to sell the club last year.
— U (@noocasel) March 2, 2019
Mike Ashley – an owner wth no ambition
Mike Ashley could have sold the club if he wanted to by simply lowering the price to a more market-driven figure.
Ashley has said to become frustrated with the lack of progress on a potential sale, and it’s been since October of 2017 that he has reportedly been keen to sell the club.
In short, we don’t believe it.
If Ashley can get Rafa signed up for a few years this summer and the owner invests some money in new players Newcastle could still be sold in the future.
When Newcastle are sold, it will happen quickly as it did when Ashley bought the club in May 2007.
It’s just sad that an owner who has no ambitions for the club is still in charge.
We just hope Ashley can get Rafa to stay on board this summer. – that’s the main thing now.
If Rafa leaves we are sunk or up the river without a paddle.
Take your choice.