We recently got chatting to Manchester City fan Walter Smith about all things NUFC and, on the topic of takeovers, he raised a rather intriguing point when it came to Newcastle fan’s expectations of a potential buyout.
Considering what a big takeover has done for Manchester City, we asked him what sort of effect he thinks it could have on Tyneside if the likes of Amanda Staveley came in – however he explains here why no takeover at NUFC will be capable of matching what Manchester City have done
Here’s what Walter (previously part of Man City’s Fanzone) had to say on Ashley and the takeover situation, explaining why new ownership may come ‘a few years too late’ on Tyneside:
“Having new owners is key to Newcastle becoming a major force. Ashley has been bad news for your club and needs getting rid of asap. Any owner who seeks to make a profit in the transfer market is going to doom your club to yo-yo status at best.
“If you do get owners with very deep pockets and ambition for the city and the football club I feel they have come in a few years too late.
“The way the Premier League is set up in terms of FFP (Financial Fair Play) means that there’ll never be another Manchester City story (Not on the scale of City anyway).
“Owners can no longer just go out and gift a club a ‘war-chest’ to go into the transfer market and also the wages of a club have strict rules about how much they can increase. FFP was brought in to protect the interests of the traditional big boys and City literally front loaded all their initial spending to not miss the draw bridge that was being pulled up.
“To be fair, I feel that any owners you get that invest in the squad and stadium will be a damn sight better than Ashley who has been a leech.
“I hope you do get some major hitting backers as I’ve always enjoyed away days up in Newcastle. The people are fantastic and love their football and deserve better than what Ashley has served up in recent times.”
It’s not what we wanted to hear, but it’s a very valid point he raises here, potentially dashing our hopes of having a Manchester City style takeover that could take us to a whole new level as a club.
Don’t get me (or him) wrong, huge progression can be made with the right owners, but the new financial fair play rules are a game changer.
That being said, just getting rid of Ashley would be a huge stride forward in itself for most of us NUFC fans. It wouldn’t take much from a new owner to give fans hope.