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Newcastle Don’t Need £200m In Transfers – We Need The Hope A New Owner Would Bring

We would expect that the vast majority of Newcastle fans would be delighted if Peter Kenyon and GACP Sports secure the funds to take over Newcastle United.

While their resources would be limited, there is a case to be made for ‘Anybody But Ashley.’ In the 46-page brochure that was leaked when Peter Kenyon’s name resurfaced last month, it did not display any grand transfer plans or investment in the club.

The transfer budget figures were modest at best, at least initially. There was no mention of upgrading the Youth Academy or the training facilities.

There was even a reference to selling players to fund new recruitment. It sounded an awful lot like what we have under Mike Ashley.

However, it would be a fresh start for Newcastle fans to get out of a toxic relationship with a negligent owner. While there may be rough waters to navigate under Peter Kenyon and GACP Sports’ Joseph DaGrosa, we would gladly take the opportunity to sail those seas.

Danny Mills has made some comments in Football Insider that just proves he does not understand the situation at Newcastle.

The former Leeds full-back had this to say about Mike Ashley’s asking price for Newcastle:

“Valuations are whatever somebody wants to pay for it. You look at Newcastle and that’s (asking price) maybe what, £300million?

“They’re struggling and they’re going to continue to struggle, that’s going to take another £200million to guarantee Premier League football season in, season out.”

That’s just foolish to say that a new owner would need to invest £200m to guarantee the club stays in the Premier League. Many clubs are struggling and don’t spend near that much to keep up.

The club is not struggling because they don’t spend £200m a year in transfer fees. It’s struggling because the owner of the club has no ambition.

We had a world-class manager who would have been pushing the club into the top eight this season if Mike Ashley would have gotten out of his way.

What Danny Mills fails to see is that Mike Ashley is the reason for the struggle. Getting rid of him will resolve a lot of our issues.

While it may not be a perfect match with Peter Kenyon and Joseph DaGrosa, the apathy surrounding the club would be significantly reduced. The club could finally free itself from the 12-year burden that has been the Mike Ashley reign.

53 comments so far

  • dougie

    Oct 21, 2019 at 12:08 AM

    Comment #1

    Sports Direct FC is a shambles from top to bottom.It only exists in its its current form to advertise a billionaires tat shops worldwide.Its a zombie club with no ambition.Its in the bottom three and will be there at the end of the season.Bruce is a serial loser that nobody else in the Premier League would touch with a barge pole.He will be gone before Christmas.Anyone that attends St James Park now are now part of the problem and just support the regime to their eternal shame.Shame on the sheep!

  • IrishRob

    Oct 21, 2019 at 12:16 AM

    Comment #2

    Lies, we need the hope a new owner would bring and £200M.

  • The Diamond dogs hoojars

    Oct 21, 2019 at 12:26 AM

    Comment #3

    We have this season as another struggle after getting the big sting in the close season, Peter Kenyon and his gang of investors, who will all want dividends every season!?!?

  • dougie

    Oct 21, 2019 at 12:34 AM

    Comment #4

    I want IT to be relegated and if the parasite doesn’t sell It I want IT to be relegated again.Then and only then will we be free of the parasite.I call NUFC IT now because it’s not a sporting enterprise that aims for success,it’s rotten to the core and it stinks.Anyone that goes through the turnstiles now should hang their heads in shame for supporting this abomination.

  • Unused Substitute

    Oct 21, 2019 at 2:16 AM

    Comment #5

    Although relegation is a possibility especially this time around, I’m not sure whether it will help getting rid of the current owner. I also not so sure whether a new ownership comprised of individuals with limited sparable resorces will be of much help either. I like the concept of a public limited company with a proper corporate structure with fan participation better. I was following the development at Portsmouth over a few years and was really happy for the fans there when they got their club out of a deeper hole than we are in.

  • Big Archie

    Oct 21, 2019 at 2:17 AM

    Comment #6

    Neil – you referred to the toxic relationship between the fans and Ashley.

    Anyone who has been in a toxic relationship of any kind knows that there are always 2 sides to a relationship, and in my opinion , while Ashley may have earned his reputation the fans are now revelling in playing out the role of the disgruntled girlfriend who just seems to dedicate her entire life to slagging off her partner.

    Whether it’s calling him a liar every time he draws breath or accusing him of being unfaithful with the likes of Debenhams and House of Fraser Ashley can’t do anything without his other half having a go.

    If he says anything he’s a liar, if he says nothing he needs to communicate. If he doesn’t fund the purchase of players he has no ambition, if he does he’s over controlling and buys the wrong ones. If he puts money into the relationship nothing is said, if he takes ANYTHING back out, he’s stealing from the club.
    The free advertising thing was originally an issue because fans claimed he was advertising SD at the expense of other commercial revenue. Now we have a full card and Sports Direct advertising is more subtle on the second tier, AND he pays for it, but its just not enough for the girlfriend.

    Of course there will be the usual counter arguments to these claims but that’s what you get when the relationship goes sour and your beautiful girlfriend suddenly turns into a bad tempered bltch, because as far as she’s concerned you’re not giving her what she thinks she deserves.

    Yep, as I said, Ashley has a well earned reputation, but now he’s going out with a bad tempered, entitled millenial bltch, adn I have no doubt he’s as keen to dump her as she is him. But you can guarantee he’ll try his best to do it without ending up out of pocket.

  • cyprus

    Oct 21, 2019 at 5:14 AM

    Comment #7

    I try to steer away from the toxic ownership issue, because it is what it is, but

    Big Archie
    Brave post. Good analogy.

    I think we need hope AND cash. Hope is fuelled by expectations.

    An investment company will buy us as an investment, right? Ie. To take more money out than it puts in, isn’t that what smart investors do?

    That’s not what we need. We need a super rich billionaire who has money to blow on a pet hobby. It’s tough to make money from football.

    Not an easy find, that next billionaire, as we’ve learned. And, will he walk into this toxic environment?

    Reality: unless MA says F it and essentially walks away, we’re stuck with each other for a while.

  • DubaiMicky

    Oct 21, 2019 at 5:38 AM

    Comment #8

    Big Archie, great analogy – the voice of experience methinks.

  • Lindisfarne

    Oct 21, 2019 at 6:14 AM

    Comment #9

    Can Bruce learn from ManUs tactics yesterday?

  • Jib

    Oct 21, 2019 at 6:40 AM

    Comment #10

    Excellent analogy from big Archie
    I just checked the weather in Dubai
    It’s 8C here man
    I’m so jealous of you

  • Jib

    Oct 21, 2019 at 6:45 AM

    Comment #11

    Nigerian forward Victor Osimhen is on the radar of two English Premier League clubs, Manchester United and Newcastle United.

    I wonder who’ll win that tussle ?

  • Jail for Ashley

    Oct 21, 2019 at 6:48 AM

    Comment #12

    Wow. People complimenting a post that portrays the fans as a whining bitter girlfriend and that we’re as much to blame. One of them being a guy who has an Ashley Out avatar, something doesn’t ring true.

  • Jib

    Oct 21, 2019 at 6:55 AM

    Comment #13

    Reading what Bruce is saying , he knows as well as the fans
    (probably better) what is required for improvement.
    By January he will have had 6 months with the squad and if he’s
    given the funds should improve us dramatically.

  • Jib

    Oct 21, 2019 at 6:58 AM

    Comment #14

    “Jail for Ashley
    something doesn’t ring true.”

    One thing does ring true
    “whining” and “bitter” sum you up perfectly.

  • Jail for Ashley

    Oct 21, 2019 at 7:07 AM

    Comment #15

    Big Archie who is staunchly pro Ashley writes a post suggesting there is blame on both sides of the relationship before going on a rant that is in total defence of a proven liar and who’s henchman has been quoted as saying you don’t know how ‘orrible we can be, the man himself quoted as saying all businesses cheat. He has left out of his analogy the amount of times we have been shat on, relegated and continually lied to while loyally turning up in our tens of thousands week after week. Not only does his post seem hugely one sided in favour of the owner but degrades the fans in such a way that anyone who complimented it should be ashamed of themselves.

  • Jib

    Oct 21, 2019 at 7:15 AM

    Comment #16

    That’s a cracking impression of a bad tempered, entitled , millenial bitch.

  • Jib

    Oct 21, 2019 at 7:16 AM

    Comment #17

    Have you thought of going on BgT ?

  • Jail for Ashley

    Oct 21, 2019 at 7:21 AM

    Comment #18

    Referring to the fairer species as bitches now, you really are a charming fellow Jiblets.

  • Jib

    Oct 21, 2019 at 7:40 AM

    Comment #19

    Fairer species
    Ha ha ha
    How condescending is that ?

  • Jib

    Oct 21, 2019 at 7:42 AM

    Comment #20

    Jail you are living proof that bitchiness isn’t
    a female preserve.

  • Jib

    Oct 21, 2019 at 7:51 AM

    Comment #21
  • hibbit

    Oct 21, 2019 at 7:58 AM

    Comment #22

    anyone else had problems with accessing the the blog this morning ?????

  • Jib

    Oct 21, 2019 at 7:59 AM

    Comment #23


  • martoon

    Oct 21, 2019 at 8:08 AM

    Comment #24

    dougie @4 sorry but to my mind any person purporting to be an nufc supporter wanting us to be relegated should be the ones to hang their heads in shame not fans simply trying to support their team despite the cr*p owner.
    To my mind there is even less chance of him selling up if we are relegated not more!

  • Mindshaft

    Oct 21, 2019 at 8:10 AM

    Comment #25

    The trouble is that Bruce will it be given the funds , he’ll be given a list of players scouts want and unlike Rafa ( which was a huge sticking point for Charnley / Ashley), he won’t be able to reject a transfer the club think is a good investment ( ala Linton ).
    Interesting analogy on the bitter girlfriend bit you’ve missed out the most important part , the boyfriend ( Ashley ) has her living in a house that needs urgent repairs , buys her what he wants rather than what she needs , keeps saying he’ll leave when he earns enough money but puts unrealistic figure which he’ll never earn and ignores her family

  • Mindshaft

    Oct 21, 2019 at 8:11 AM

    Comment #26

    The only solution on a toxic relationship is for it to end

  • Jib

    Oct 21, 2019 at 8:17 AM

    Comment #27

    misses the point of the analogy spectacularly
    In a toxic relationship there is never one side totally to blame.

  • Jail for Ashley

    Oct 21, 2019 at 8:32 AM

    Comment #28

    Well by the look of Big Archie’s post the blame seems to lie a lot more heavily on the shoulders of the whining bitter fans who nothing seems good enough for them and should be grateful that “the boyfriend” spends some money.

  • Jib

    Oct 21, 2019 at 8:34 AM

    Comment #29

    Jail for Ashley
    When you were a Mackem what were the owners of Sunlun like ?

  • lesh

    Oct 21, 2019 at 8:47 AM

    Comment #31


    In your haste to defend your lord and master, Ashlie, your post @9 doesn’t mention that Ormstein reported your hero as being rude to the prospective Buyers, rude to the extent that they walked away.

    Deja Vu again Jiblets?

    Your puppeteer’s a greedy, arrogant specimen and you try to portray him as one who’s equally responsible for the toxic fan/ owner relationship? Equally responsible? No way; let’s say mostly and we’d be closer to the mark.

  • MagpieRanger

    Oct 21, 2019 at 8:57 AM

    Comment #32

    Mike Ashley has no intention of selling the club.

  • Nicky the ball tosser

    Oct 21, 2019 at 8:58 AM

    Comment #33

    The club simply needs to invest the money it makes wisely, taking a long term view. I suppose Ashley having an eye on a sale, doesn’t want to begin that long term commitment, or couldn’t bear to hand over the reins, and so we are where we are. We just need to adopt a Rafa type project, once Ashley finally sells. I’m 56, “so hopefully in my lifetime”, he says only half jokingly.

  • Jail for Ashley

    Oct 21, 2019 at 9:14 AM

    Comment #34

    He has no intentions of selling, he’s spent 60M on players and still apparently values us around the 350M mark, surely he wants more now. If he had any intentions on selling he would have taken a bit of a hit on what he could take out of the club over the next year or two and given Rafa a three year deal. We’d be sitting at least eighth at the moment with no relegation odds in sight and in a much better position to be taken over. As it stands, sitting in the bottom three with the second worst goals for in all four divisions, a sale is looking less and less likely. The owners arrogance and stupidity thought he could just repeat the same mistakes he has made before with a second rate manager but pull it off as he did with Pardew. Unfortunately it is not just him that loses out.

  • IrishRob

    Oct 21, 2019 at 9:43 AM

    Comment #36

    @#12, Jail loves to find the bad in everything and play people off each other! Hes an expert at painting people in a bad light.

    There is nothing REMOTELY bad or wrong with that post, it’s far better than anything you ever wrote. Cop on you bellend!!

  • geordietom

    Oct 21, 2019 at 9:51 AM

    Comment #37

    jail …

    when Ashley sell us what name you gonna use ?…

  • geordietom

    Oct 21, 2019 at 9:57 AM

    Comment #38

    sells us *

  • hibbit

    Oct 21, 2019 at 9:59 AM

    Comment #39

    if Ashley every sells !!!!!!!!

  • toon22

    Oct 21, 2019 at 10:01 AM

    Comment #40

    Blame that fans for Jabbas greed ?


    Hiya JIB
    Poor show today


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