NUFC reporter reveals what ‘senior sources’ have now admitted about a potential takeover

According to The Chronicle, ‘senior sources’ at Newcastle United have admitted that they’re now working on the basis that Mike Ashley will remain at the club for the foreseeable future – with a sale not expected ‘any time soon’.

They insist that it’s been made clear ‘privately’ that the club is still on the market and ‘up for sale’ and do admit that a sale could yet go through ‘quickly and quietly’, however there is currently ‘no indication’ that this is about to happen.

Here’s the question that was asked to NUFC reporter Chris Waugh during The Chronicle’s latest Q&A today:

Q: “As far as a takeover is concerned, where are we at with it? Are there any other interested parties?”

“The soundings have always been that there are some people who have registered an interest in buying the club – not only from Newcastle themselves, but from other sources too – though it has not yet turned into a concrete offer.

“There is a significant difference between registering an interest and making that into some sort of formal bid to buy the club – and, Amanda Staveley aside, nothing seems to have materialised takeover wise.

“The official line from the club, and even privately, is that Newcastle remains for sale an on the market.

“Crucially, however, senior sources have admitted they are working on the basis that Mike Ashley will remain owner in the medium term. That is because they do not foresee a sale happening any time soon.

“As we have said numerous times, football-club sales tend to go through quickly and quietly – so all of this could change at any moment, but there is no indication that is about to happen I’m afraid.”

Not exactly what we wanted to hear, but what else do we expect when the ‘interested’ parties don’t firm up their interest.

For as long as there’s ‘interest’, there’s hope, but for as long as Ashley sets unrealistic asking prices, there’s fear that he’ll remain beyond the expiration of Rafa’s current contract.

Do you see a sale happening between now and next summer folks?

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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.

3 thoughts on “NUFC reporter reveals what ‘senior sources’ have now admitted about a potential takeover

  1. It was never for sale. nufc is crucial to S.D, puma nufc kit deal is also tied in with huge benefits to S.D.
    S.D get free advertising in the millions from nufc for and soon enough so will HOF. Yet the death owed to MA is still 140 million?
    It wouldn’t surprise me if MA got huge blocks of shares in Fun88 to soften the sponsorship deal with nufc also. Plus a 100million plus in Pl tv money annually (if they stay in the Pl). WHY would Mike Ashley sell? The fact is it was never for sale it was all a PR stunt to raise the profile of S.D and maybe a slim maybe to sell nufc if someone was willing to pay way over the asking price and agree to all the S.D stipulations.


  2. 100% agree with that Ashley is not going to sell, he is a businessman making a fortune and saving a fortune from free advertising. Sports Direct, Puma, Flannels etc on advertised TV for free. How much will Sky charge for a two minute ad when the match is on?
    I only hope his lack of backing in Rafa doesn’t take us back to the championship, the only way he would loose from NUFC.


  3. Ashley is making too much money out of NUFC.
    We are partly to blame for this situation, because our fans keep going regardless
    Its how we got rid of Westwood McKeag and co – BOYCOTT
    Its what the media keep throwing in our faces whenever they want to rant we aren’t good fans
    And yet they never do the same against say Villa fans with more evidence to use against them.
    WHY ?


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