There is a report in the Chronicle that a group based in Mexico is interested in the purchase of Newcastle United. This is the second time in two weeks the group has been linked with an interest in Newcastle.
Mike Ashley and Lee Charnley– Will they ever sell the club?
When Orlegi Sports was initially linked with Newcastle on May 7th, we did not make too much of it other than it just being a link between a group looking to purchase a football club and a club up for sale. That link though has resurfaced again today.
The Chairman of Orlegi Sports, Alejandro Irarragorri has made some comments that suggests the group is looking to purchase another football club in addition to the Mexican clubs they have stakes in.
This is some of what he has said:
“For us we have seen opportunities in Mexico, we have seen opportunities in the United States, and we have seen opportunities in Europe, and right now we are evaluating which are the best opportunities to generate value.
“There are many things, if I told you about the seven options we have at the table – they are all very interesting, and we are evaluating them.”
Orlegi Sports has just bought the controlling stake in Liga MX side FC Atlas which is based in Guadalajara. From his comments, it appears that the group has seven other opportunities to purchase another club in either Mexico, the United States, or in Europe.
The group also control Liga MX side Santos Laguna, which is a very popular side in Mexico and is often on the television here in the States.
It is interesting that they have purchased a stake in FC Atlas. A report in Reuters about this deal states that: “The deal will give Orlegi complete control of the soccer team’s administration and operations, as well as sports and business strategy,” Orlegi said in a statement.
It could be feasible, as well as beneficial if Ashley were to sell a stake for another group to control the team’s operations. However, there is a massive gap in the running of a club in Mexico to one of the top clubs in all the world.
So we have to wonder if the press is just putting two and two together on this one as this seems like an odd match.
We also feel that Mike Ashley doesn’t really want to sell Newcastle United. And unfortunately, he does not seem to want to let the club reach it’s mammoth potential either.
This is the vexing paradox we find ourselves in as Newcastle United fans under this owner.