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Report – Ashley Still Committed To The Saudi-Backed Takeover



Yesterday, former Roma owner James Pallotta made some intriguing comments about his pursuit of a new club. The American businessman sold his stake in Roma last summer and admitted that owning a Premier League club interests him.

He actually referenced Newcastle by name as the type of club he’d like to pursue, one with a rich history and great fanbase. He also jokingly said he’d already put in an offer for Newcastle before quickly making it clear he was kidding.

However, Pallotta’s statement does little but increase speculation about Newcastle’s future, especially while our Premier League status remains uncertain. While Ashley is still reportedly desperate to sell Newcastle, it appears he’s only focused on one deal at the moment.

The Northern Echo is reporting that Ashley has all of his eggs in the Saudi takeover basket. He remains fully committed to resurrecting the deal he agreed upon this time last year.

As Ashley sees it, he’s agreed to this deal and it should have been signed off by the Premier League. For reasons that reek of politics, the Premier League slow-rolled their owners’ and directors’ tests while asserting that the Saudi state must provide paperwork as an entity of the consortium.

That is where the standstill remains with Ashley pursuing legal options to get the takeover back on track. However, at this point, it seems unlikely but I’m primarily taking that approach to shield against further bitter disappointment.

The reason why this consortium – which consists of the Saudi PIF, Amanda Staveley’s PCP Partners, and the Reuben Brothers- remains so enticing to Mike Ashley is simply that they have the funds to meet his asking price.

After the first attempt by Amanda Staveley, Peter Kenyon and GACP Sports, Henry Mauriss, and BZG among others, Mike Ashley has found the group that can meet his demands. He seems bound and determined to fight for this takeover until all potential avenues are exhausted.


320 comments so far

  • DONEGAL NUFC IRL

    Apr 6, 2021 at 8:31 PM

    Comment #281

    Hi all, I’m a member of nust but can’t remember is it 2or3 euro a month or for life?

    1
  • Tackle from behind

    Apr 6, 2021 at 8:35 PM

    Comment #282

    Donegal

    £2 per year (so probably €3 for you)
    £20 for lifetime – so probably €25 for you.

    3
  • DONEGAL NUFC IRL

    Apr 6, 2021 at 8:37 PM

    Comment #283

    Tackle
    Thanks

    0
  • Tackle from behind

    Apr 6, 2021 at 8:37 PM

    Comment #284

    Oh, by the way

    You have to search to find this information.

    If you want to get to it via their official site, you first have to submit your name, address and email address.

    0
  • DONEGAL NUFC IRL

    Apr 6, 2021 at 8:47 PM

    Comment #285

    Don’t think I will be doing all that,just wait till you guy’s say it on here. Lol

    0
  • Novocastrian66

    Apr 6, 2021 at 8:47 PM

    Comment #286

    The Trust is £2 to join and a £1 a year thereafter.

    0
  • Wor B

    Apr 6, 2021 at 8:48 PM

    Comment #287

    Liverpool fortunate to be just 2-0 down at half time.

    1
  • onmeedsun

    Apr 6, 2021 at 8:53 PM

    Comment #288

    £2
    Most of us would literally piss that away supping half a pint in the blink of an eye.

    2
  • Mund

    Apr 6, 2021 at 8:58 PM

    Comment #289

    Definitely the time to get on board if any bloggers here don’t have a membership it’s absolute pittance but more numbers makes a stronger trust and with that hopefully more say.

    2
  • The mighty wyn

    Apr 6, 2021 at 9:00 PM

    Comment #290

    Whilst I agree with the sentiment mund.
    The reality is we have no say and no chance of any until fat boy has gone.

    4
  • Tackle from behind

    Apr 6, 2021 at 9:03 PM

    Comment #291

    Agree with Wyn

    13 years and they have yet to get a meeting with Ashley

    What have they achieved in 13 years?

    3
  • lochinvar

    Apr 6, 2021 at 9:09 PM

    Comment #292

    Newcastle will likely have to shell out more than £20million to sign Joe Willock permanently this summer, according to a report from Chronicle Live, with the Magpies hoping for the cheaper option of another loan deal

    To buy or not to buy that is the question

    1
  • Mund

    Apr 6, 2021 at 9:09 PM

    Comment #293

    TMW, certainly true as nothing will change until Ashley is gone. I still believe in a United fanbase with or without Ashley. I still think he is gone anyways IMO

    1
  • onmeedsun

    Apr 6, 2021 at 9:11 PM

    Comment #294

    Tackle
    Ashley may not speak to the trust but the fact we have a trust with large numbers may attract the right sort of new owner who sees the benefit of harnessing that fan power.
    I just don’t understand people coming on here and saying it’s all pointless, what can we do, and yet are desperate for change. Is this the legacy of Thatcher in the north east?

    6
  • onmeedsun

    Apr 6, 2021 at 9:15 PM

    Comment #295

    Been watching that Haaland for just 10 mins. He will blow the PL away if he comes and will definitely break Shearers record, assuming Kane doesn’t get there. Awesome pace and power.

    3
  • lochinvar

    Apr 6, 2021 at 9:16 PM

    Comment #296

    Tackle
    After 13 years Ashley hasn’t achieved anything.
    Just the opposite he’s achieved a sort of negative universe in which numpties watching TV see Sports Dire signage and believe it has some meaning. It doesn’t.

    1
  • Tackle from behind

    Apr 6, 2021 at 9:23 PM

    Comment #297

    Onmeedsun

    13000 members – that’s NOT large numbers.

    any potential owner will see 52,000 at a home game and work out what is possible.

    Tell me what they have achieved in the last 13 years?

    1
  • The mighty wyn

    Apr 6, 2021 at 9:25 PM

    Comment #298

    Onmeedsun
    I agree with you with regards being a member but they aren’t going to effect change with ashley in charge
    It’s no different to people saying boycotts or not boycott – being a member will not affect anything at the moment. We can only hope new owners will engage in dialogue with them

    0
  • The mighty wyn

    Apr 6, 2021 at 9:28 PM

    Comment #299

    Tackle you’re right again home game 52000 how many fans worldwide yet there ate only 13k members.
    I joined when they were pushing for members but I dont see what they are achieving or hoping to achieve under this regime really

    0
  • TheTinman

    Apr 6, 2021 at 9:30 PM

    Comment #300

    Thank you for joining the Newcastle United Supporters Trust.

    Your support is invaluable to the work we do and every single member that joins us gives us a bigger voice to be a stronger force for change.

    Now that you are a member, you will be able to take part in regular Trust surveys, receive member specific updates and attend member only events.

    Please ensure you have allowed us to email you so you are notified of news and member surveys, you can edit this at any time in your profile.

    3
  • onmeedsun

    Apr 6, 2021 at 9:32 PM

    Comment #301

    Wyn
    Agreed that Ashley doesn’t give a flying fig about the trust. But we’re better off having a trust with as many members as possible for when our next owner walks into SJP than no trust at all.
    13,000 members isn’t bad but yes, should be at least 50k. But when we get people saying what do I get for my £2 then we have a real problem.

    3
  • Essex Geordie Bill

    Apr 6, 2021 at 9:39 PM

    Comment #302

    Is there a discount for OAPs?

    4
  • Novocastrian66

    Apr 6, 2021 at 9:40 PM

    Comment #303

    We know Ashley won’t sit down with the Trust. However if the Trust has sufficient members it carries weight that cannot be ignored.
    The more members the more credibility it has.
    The media, the EPL and The FA cannot ignore it even though Ashley does. The pressure will build externally. If there are only ten members, no-one will listen.
    Strength in numbers. Ashley’s policy is to divide and conquer.

    2
  • Essex Geordie Bill

    Apr 6, 2021 at 9:40 PM

    Comment #304

    Kidding, I’m a member! 🙂

    2
  • Tackle from behind

    Apr 6, 2021 at 9:41 PM

    Comment #305

    EGB

    Yes, you get your emails with 50% extra large print.

    3
  • lochinvar

    Apr 6, 2021 at 9:42 PM

    Comment #306

    Pukki gets hatrick, remember him?
    Norwich demolish Huddersfield 7-0.
    Remember them a former Premier League side?
    Pleased that Tim Krul will be back in the Premiership. He would have been great in a top six NUFC side.

    1
  • The mighty wyn

    Apr 6, 2021 at 9:43 PM

    Comment #307

    Onmeedsun
    Agreed at least you show your interested and it’s only a couple of quid
    I just think they dont help themselves saying theres a really big announcement coming and we all know at present they hold no power. They should just have announced whatever it is and not tried the big build up

    2
  • TheTinman

    Apr 6, 2021 at 9:47 PM

    Comment #308

    Signed up as I should have done long ago. One of those things you keep forgetting to do. Doubt the announcement will be any more interesting than our home kit will be black and white stripes next year.

    4
  • lochinvar

    Apr 6, 2021 at 9:48 PM

    Comment #309

    Bin dippers at it again.

    The UK’s largest trade union is under growing pressure to commission an independent review into the spending of almost £100m of members’ money on building a hotel and conference centre.

    Len McCluskey, general secretary of Unite, is also facing questions as to why the development’s main construction contract was awarded to a company owned by a friend.

    The project in Birmingham, which includes new union offices, was intended to save on hotel rooms and conference bills. Yet after an initial estimate of £7m, the building costs ballooned to £57m before construction even began.

    0
  • cleveleysbob

    Apr 6, 2021 at 9:53 PM

    Comment #310

    Well, I don’t know where to start.

    Earlier today I pointed out that the reason we get served crap every year for 14 years is because like sheep 50k troop into SJP every other week, pay their money, shout at the regime, who in turn are laughing their bollocks off at what idiots we are.

    If you want change, you have to be prepared to make a sacrifice. And this doesn’t have to life changing or end of life threatening. It probably only needs to be for about 3-4 Months.

    Believe me if there was no one turning up at SJP from August – Nov next year (a) it would be HUGE news across the world of football and mainstream press and sports broadcasters. (b) It would be catastrophic for the PR and reputation of Ashley retail group and (c) we’d be sold before Xmas – guaranteed.

    Our problem and Today’s posts have proved this, is we couldn’t organise a proverbial p up at the brewery let alone a genuine attempt to get rid of the fat knacker.

    Some of the comments today illustrate clearly that you’re all getting exactly what you pay for and your a bunch of mugs.

    I do exactly what Tackle also does. Ashley gets nowt from me and hasn’t done directly for years and indirectly for the last 12 months. This needs to be done by all so called supporters.

    But if you’re not prepared to sacrifice a few Months (which is crackers, cause you’ve just missed the last year) then you’re stuck with Ashley and deserve all you get.

    United – don’t make me laugh!

    21
  • lochinvar

    Apr 6, 2021 at 9:55 PM

    Comment #311

    Tottenham and Newcastle transfer target James Tavernier has signed a new contract with Rangers after declaring their title victory as the beginning of the new journey with the club.

    The right-back has penned a deal that commits him to Ibrox until the summer of 2024. Tavernier has scored 63 goals in 284 appearances since Mark Warburton signed him from Wigan back in the summer of 2015.

    1
  • cleveleysbob

    Apr 6, 2021 at 9:56 PM

    Comment #312

    The Trust membership prove’s my point. NUFC probably has close on 1M supporters Worldwide and the Trust has 13k members. Bloody hell that’s appalling.

    I’m a member. Are you?

    1
  • Moonraker15

    Apr 6, 2021 at 10:04 PM

    Comment #313

    Kets we don’t need 43 points you numpty!

    1
  • Novocastrian66

    Apr 6, 2021 at 10:04 PM

    Comment #314

    Ask not what the Trust can do for you, ask yourself what you can do for your Trust.
    One quid a year is not much yet your membership means a lot.

    1
  • onmeedsun

    Apr 6, 2021 at 10:04 PM

    Comment #315

    Wyn
    I think preempting the announcement is a way of getting all members and social media primed to look out for it. But they risk falling flat on their face if it’s something about nothing. Let’s hope it really has the impact they hope as they need to be encouraged. They do all of this in their own time.
    And they are only doing what they do in the hope that one day we’ll have a club that deserves us.
    Fair play to them for keeping going all these years.

    3
  • Online Guy

    Apr 6, 2021 at 11:24 PM

    Comment #316

    NUFC 360
    @NUFC360
    ·
    3h
    The PA news agency understands that Ashley feels the sale has been agreed (with PIF & Co) and simply needs to be rubber-stamped by the governing body. #NUFC

    0
  • Online Guy

    Apr 6, 2021 at 11:25 PM

    Comment #317

    That above was on the link from the Nust link on previous page here.

    Everyone miss it ?

    1
  • Online Guy

    Apr 6, 2021 at 11:27 PM

    Comment #318

    Tackle

    Gan canny hinney

    0
  • lesh

    Apr 7, 2021 at 3:19 AM

    Comment #319

    Dubai

    There’s been some interesting chat on here and one or two opinions have been surprising. There have been others that were as expected.

    And slavery was started in Africa, then moved to Arabia, then was abolished by the British? Straight out of the Telegraph by the sounds of it.

    Ne’er mind eh, it’s all in the past….. innit!

    0
  • lesh

    Apr 7, 2021 at 3:21 AM

    Comment #320

    Online

    How’s thee gannin on. Good to see you’re still with us.

    0
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