NUFC reporter reveals the ‘arrangement’ Mike Ashley has in place ahead of a possible takeover bid

According to the Chronicle, Newcastle United are STILL up for sale despite Mike Ashley’s return to the scene at St James’ Park, claiming there’s now an ‘arrangement’ in place for a ‘smooth sale’ should anyone match the £300m asking price.

In all honesty, it’s hard to know what to believe anymore when it comes to a potential takeover.

It would be nice if this was true, with this suggesting that a deal could be done quickly if someone comes along and submits an acceptable offer, however there’ll be many cynics who refuse to believe that Ashley actually wants to sell – and I don’t blame you if you’re one of those.

Here’s a snippet from the Chronicle’s latest piece on the takeover front – claiming Ashley’s return does NOT mean that he’s no longer interested in selling the club:

“Mike Ashley is firmly back on the scene at Newcastle United – but the club remains up for sale.

“The Toon owner was in the stands for the 1-0 win over Watford and then ventured down to the dressing room area to congratulate both Rafa Benitez and his players.

“But the club has still been prepped for a sale and the company set up – St James Holdings – by Ashley are still receptive to offers.

“The Chronicle understands that an arrangement is in place for a smooth sale process if any potential bidders can come up with the asking price for United.

“The club is valued at around £300million mark and the loans that Ashley has pumped into the club are not believed to be deemed as hidden costs.”

IF this is true, a good run between now and the new year could be massive for potential investors.



Why? Because anyone who’s even considering a takeover bid would A) want to takeover a club looking like they’ll stay up and B) would like to have the power to spend in January should we be needing extra investment.

What do you make of this folks? Could someone come in and take the club off Ashley’s hands if a £300m offer arrived, or do you think Ashley’s here to stay?

 

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.

10 thoughts on “NUFC reporter reveals the ‘arrangement’ Mike Ashley has in place ahead of a possible takeover bid

  1. It’s the biggest load of B.S. ever Ashley doesn’t want to sell the club he has been putting new SD hoardings up around the place and signing new side deals with other sponsors like vitallity. SD wouldn’t even pay to be the club sleeve sponsor because they get everything free from nufc so why would Ashley want to sell? A full boycott at the wolves game and the tv companies and the premier league banging on his door and protest’s cointuing might just change his mind. Otherwise a sale is the last thing he wants.

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  2. NUFC11 – business doesn’t stop just because he’s looking for a buyer. Advertising goes on, deals with sponsors go on.

    Anyone coming in takes the sponsorship as revenue – so it makes sense to continue making deals. As for additional hoardings – more space for advertising makes a deal more attractive..

    As for still pushing this free advertising sh!te. Give it a rest. The free advertising has cost him 144 million quid plus interest over 10 years. That works out more expensive than ANY of the deals the club has EVER made with ANY sponsor.

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  3. Ashley is trying to rinse every single penny out of NUFC, and his team have told him that good will also has a value. so he is back in his seat as the dutiful owner….

    Don’t be misled by this man, he has no interest in us the fans, the city, or respect for the history of NUFC, he is in it for money.

    Keep up the pressure, he is rattled……

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  4. How do you work that out? This is not complicated maths. Nine seasons in the PL at say an average of 100million from Sky alone, without ST sales etc. A net spend of one million on transfers over the same period.
    So, where has the other £899m gone? Not on the ground or training facilities. Definitely not on players.
    Granted wages come out of that, but it doesn’t add up. Where’s the money gone?
    So exactly how NUFC owe him a penny I simply don’t understand and neither do many other people.

    Brrrian:
    NUFC11 – business doesn’t stop just because he’s looking for a buyer. Advertising goes on, deals with sponsors go on.

    Anyone coming in takes the sponsorship as revenue – so it makes sense to continue making deals. As for additional hoardings – more space for advertising makes a deal more attractive..

    As for still pushing this free advertising sh!te. Give it a rest.The free advertising has cost him 144 million quid plus interest over 10 years. That works out more expensive than ANY of the deals the club has EVER made with ANY sponsor.

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  5. Mike’s managed to get a reverse magic money tree which makes £££££££££ disappear into a big, black hole -namely his trouser pocket 💡 👿 😯

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  6. David Brewis: According to the Chronicle, Newcastle United are STILL up for sale despite Mike Ashley’s return to the scene at St James’ Park, claiming there’s now an ‘arrangement’ in place for a ‘smooth sale’ should anyone match the £300m asking price.

    Once again David, this ‘news’ comes from The Chronicle, not us or some bloke claiming it Facebook.

    Does that means it’s true? Who knows, but don’t shoot the messenger.

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