Takeover exclusive reveals damning news for NUFC fans – looks like Mike Ashley is at it again

Mike Ashley’s greed looks set to scupper yet another potential sale at NUFC, with the Mirror now claiming that a takeover is now on the brink of collapse after Amanda Staveley saw asking his price creep up yet again .

As reported by Sky several weeks ago, it is believed that the new price tag is £400m, and the Mirror claim that this figure has increased on several occasions since Staveley registered an interest towards the back end of last year.

They report that the initial price tag was £320m, then £350m, and has now gone up another £50m after our Premier League safety was confirmed.

As a result, they suggest the a deal is on the verge of collapsing, with Ashley moving the goalposts once again – a move that’s said to have left Staveley and PCP ‘perplexed’ and seriously considering whether it’d be wise to just walk away.

Here’s a snippet from the latest piece from the Mirror:



“Mike Ashley wants prospective buyer Amanda Staveley to meet a new increased figure, leaving the deal in doubt.

“Ashley initially wanted £320m, then revised that figure upwards by £30m.

Now, his latest demands have perplexed the group looking to seize control.

“Financier Staveley, who has serious connections to Middle Eastern finance, has been left to ponder her latest move.

“But it appears that this figure will not be met and she is now considering whether to devote any more time and resources to the project.

“Staveley has been working on this for well over six months and has had a team of advisors trying to push the deal over the line.

“But even a woman used to negotiating with such monied individuals is finding it difficult to reach an agreement.”

People have often said that there should be nothing stopping Staveley putting in a big offer now our top flight status has been sealed for next season, but that doesn’t mean they’re going to entertain an unrealistic asking price.

Once again, Ashley is proving pretty impossible to do business with and a sale looks unlikely.

Another convenient excuse not to spend money this summer? Let’s hope not.

(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.

2 thoughts on “Takeover exclusive reveals damning news for NUFC fans – looks like Mike Ashley is at it again

  1. Yep, that’s how he operates, doesn’t really wanna sell the club, I think that’s apparent now.

      (Quote)

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