Journalist provides hope for NUFC fans on the takeover front – Interest from overseas?

During a recent piece for The Chronicle, Mark Douglas has admitted that there is now a ‘renewed buzz‘ that big money investors are looking at the Premier League market once again – giving Newcastle fans hope when it comes to a much needed takeover.

As we all know, Amanda Staveley has been the only major player to emerge since the club was put up for sale officially last year, however The Chronicle have suggested that interest from South Korea has been touted.

The piece insists that Staveley ‘remains interested’ in buying the club, but only at the price she deems it to be worth following a thorough period of due diligence – meaning she looks very unlikely to pay Ashley’s £400m asking price as things stand.

That being said, all hope of a sale is not lost, with suggestions here that there’s a new ‘buzz’ around when it comes to potential investors purchasing a Premier League club, with the big new TV deals seeming an attractive prospect:

“Takeover talk has gone deathly quiet at Newcastle United – but the buzz in Premier League circles is that big money investors are once again looking at the market.

“There is a renewed buzz about investing in Premier League clubs again.

“Putting it down to a TV deal which has held relatively firm and the potential for global growth, the source we spoke to said that British, American and Asian interest in clubs meant there was a prospect of a big takeover or investment in the Premier League in the next few months.

“Newcastle have had no new bids in months themselves and the £400million asking price seems to be putting off interested parties. But Mike Ashley insists privately and publicly that he wants to sell and the situation in the wider Premier League is worth looking at.

“Staveley remains interested in Newcastle and maintains a watching brief but doesn’t have access to funds to pay the £400million Ashley wants and invest in the club. Her extensive due diligence – which included talking to the Council and even the Newcastle Falcons to see how better those two clubs could work together – came up with a valuation which she is sticking to.

“There has also been some talk of South Korean interest in investing in Newcastle, although – again – it has not been possible to verify that independently.”

Do you think there’s any chance of new investors coming in and ousting Ashley between now and next summer?



It feels unlikely to me (unless Ashley reduces his asking price), but it may be essential if we want to keep Rafa Benitez.

Fingers crossed.

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

About Olly Hawkins

Olly has been a Junior Magpie from birth. As a season ticket holder and avid Newcastle United fan - he eats, sleeps and breathes all things NUFC.

8 thoughts on “Journalist provides hope for NUFC fans on the takeover front – Interest from overseas?

  1. Ashley will not sell under any circumstances unless clauses are in there to keep the sports direct going. Rafa will leave at the end of the season unless big money is spent in the Next window.

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  2. Ashley saving millions in advertising and getting mugs on Sky and Bein sports to lie, then creaming off all TV and transfer money, with net spend of £1million. Good on BT Sport to show this. I think he gave Rafa a budget of profit he makes from match day pies!!!!

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  3. Here we go again with the Free Advertising garbage.

    Do you have any idea how dumb that sounds outside the “We hate the fact that Ashley breathes society”?

    144 million in interest free loans, still not paid back, 85 in debts cleared and a 90 million loss in the championship covered, and you still **** about free advertising – which is taking nothing away from the club – and if you hadn’t noticed we still have external advertising.

    You lot really do sound like spoiled brats complaining that the new Mercedes daddy gave you has the wrong colour seats.

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  4. 1 – multiple offences of improper use of the word “admit” and it’s derivatives.

    2- how do we know there has been no other “serious” interest? Not every deal is done in the media like Stavely tried to do hers.

    3 – if the asking price is 400 million and Staveley is not willing to offer anywhere near that, how can we claim she is still interested? Everybody is interested if the criteria include a price that is ridiculously low.

    4 – Big money investors are only interested as long as the high tv revenues can be guaranteed , which is what – 3 years? Once the tv revenue peaks and the bubble bursts, which it will, the value of ALL prem clubs will plummet.

    5. – Ashley doesn’t want “investment” – he wants to sell. Big difference.

    6- Lets not forget that pretty much all the Chronicle has shown us over the past few years is that they know nothing. About transfers, about takeovers, about anything. All they have is opinion, and usually its based on n o more than half a story from half a source.

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