Sky Sports reveal Mike Ashley’s new asking price for NUFC after securing Premier League safety

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..

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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.

5 thoughts on “Sky Sports reveal Mike Ashley’s new asking price for NUFC after securing Premier League safety

  1. His club now,not ours so he can ask what he wants,but in my opinion,without potential,£380million is still worth it.

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  2. It might be worth that if Rafa is tied down to a long term contract with guarantees of appropriate transfer funds, but much, much less without! Be careful Ashley!

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  3. Im afraid were stuck with him ,no one will pay that much for a club thats won nowt in donkeys years and a stadium that cant be enlarged by much . Yes its brilliant that its full every home game but with its 52,000 capacity SJP is falling behind alot of other stadiums in terms of how many people can get in .This means big sponsor’s will look too other venues too splash their name across , with more people coming into that venue putting it more in the spotlight than our beloved SJP . These days sponsoring is what makes a club sucssesful ,pity the idiot owner we have only wants his wretched Sports Direct splashed all over our’s .The Benitez effect was great while it lasted but i am afraid with the new asking price its coming too an end . Hope i am wrong and Stavely stumps up the cash but i doubt she has the money .

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  4. Life is Black and White:
    Yes its brilliant that its full every home game but with its 52,000 capacitySJP is falling behind alot of other stadiums in terms of how many people can get in .This means big sponsor’s will look too other venues too splash their name across , with more people coming into that venue putting it more in the spotlight than our beloved SJP . These days sponsoring is what makes a club successful…

    Yeah, lots of other stadiums:
    1. Wembley 90k
    2. Old Trafford 76k
    3. Emirates 60k
    4. St James Park 52k
    5. Stadium of Light 49k
    6. City of Manchester 48k
    7. Anfield 45k
    8. Villa Park 43k
    9. Stamford Bridge 42k
    10. Goodison Park 39k

    So, you’re completely wrong. SJP remains the third largest club ground in the country. And average attendances even last year were higher than nearly every other club. In fact, after being the first club ever to have average attendances over 50k/one million for the season (back in the 50s), last year we were the first club ever playing in a second tier to achieve that. First in the whole world.

    And just to have a laugh at our nearest and dearest, a site with the top 10 grounds had this to say:

    “The ground boasts ultra-modern facilities after the most recent round of renovations, which was concluded in 2000. Today the Stadium of Light is one the five elite football stadiums in England which carry a five star UEFA rating.”

    They will have the unique achievement of turning such a ground into a third tier venue.

    How much do you think they will be getting from sponsorship in League 1?

    Income has little to do with (potential) crowd sizes. Man City and Chelsea get much more money than NUFC because they are successful, appear on TV more often, and especially play in Champions League. They also charge more for their tickets btw, and play more home games per season, so they still make more money from matchday revenues than Newcastle, despite their lower average attendance.

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