Mike Ashley is now looking to sell Newcastle United for ‘£380-£400m’ according to Sky Sports News, with our Premier League survival seeing him add almost £100m onto the £300m asking price he put to Amanda Staveley just last October.
Sky’s latest piece on the takeover situation insists that talks between Staveley and Ashley MUST be rekindled in the next few weeks if a takeover is to happen in time, with this summer’s World Cup and the shortened transfer window meaning there’d be too little time to recruit if a buyout was not finalised soon.
Needing to act fast is one thing, but news of Mike Ashley’s revised price tag is the biggest concern here.
Yes our rise up the table means there’d be no need for any improved offer to contain a relegation clause, but do we really see PCP offering another £80-£100m to secure a takeover?
Here’s a snippet from Sky’s piece, suggesting that Ashley is now looking for as much as £400m for the club this summer:
“Having gambled on Newcastle surviving the drop this season, it is understood Newcastle owner Mike Ashley will be looking to recoup between £380-£400m from the sale of the club, which is significantly more than the £300m that was offered by Staveley last October.”
This will test just how much she and other interested parties actually want to buy our club (which is currently brimming with potential), however it seems like Ashley may just have priced himself out of a move once again if this proves to be true.
I sincerely hope not, but this really does make me worry that we’ll be stuck with him for at least another season yet. A penny for Rafa’s thoughts..