Concerning news emerges on Amanda Staveley’s takeover bid following reports of £300m a offer

Following the big news that Amanda Staveley has made am official bid to buy Newcastle United, it has now been revealed by several sources (one being Sky Sports) that her offer is understood to be less than the £300m that was being reported – with fears that this opening offer could in fact be ‘well short’ of Mike Ashley’s asking price.

Club sources and Sky Sports News both broke that an offer had been lodged by Staveley and PCP Partners, and whilst it was initially reported to be £300m, sources close to the club have told Sky News that the bid is believed to be LESS than that figure.

Here’s some insights from Sky Sports’ Keith Downie, The Telegraph’s Luke Edwards and North-East correspondent Craig Hope:

As mentioned above, it seems unlikely that Ashley would accept such an offer given his alleged £400m valuation when he first put the club on the market, however there is clearly a willingness to do a deal on both ends.

Does anyone ever put in their top offer when negotiating? This one is just getting started I’d imagine..

(Fancy writing for us? Send any articles/ideas over to us at [email protected] & we’ll get back to you!)

About Olly Hawkins

Born in Gateshead, Olly was a Junior Magpie from birth. As a season ticket holder and avid Newcastle United fan – he eats, sleeps and breathes all things NUFC.

4 thoughts on “Concerning news emerges on Amanda Staveley’s takeover bid following reports of £300m a offer

  1. “concerning news”? Maybe we should wait for an article written in proper English before we decide weather the offer is genuine?

      (Quote)

  2. GrahamBoville:
    “concerning news”? Maybe we should wait for an article written in proper English before we decide weather the offer is genuine?

    it’s whether, Wordsworth.

      (Quote)

  3. The deal is agreed press release on Wednesday just sorting out Ashley’s insistence on continuing his crap advertising at SJP!

      (Quote)

  4. Concerning that someone bidding makes an initial low offer?! Go straight in at 380 and then haggle down- oh no, wait…

      (Quote)

Leave a Reply

Your email address will not be published. Required fields are marked *

Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green