Mike Ashley ‘lowers asking price’ for NUFC – but reporter claims he’ll only sell on one condition

After strong claims from the local press today that Mike Ashley is ready to lower his asking price to £300m, a recent revelation from The Chronicle’s Mark Douglas has become all the more relevant.

During a recent Q&A just a week ago, he claimed that friends of Mike Ashley were saying that he WOULD now accept an offer in the region of £300m – but only if there were no clauses attached to it.

Here’s exactly what Douglas had to say on the matter back on September 12th, with this all being particularly relevant after big claims today from The Gazette and The Chronicle that Ashley is now ready to drop his asking price:

 “I know of interest: I can tell you there are at least two interested parties I’ve been told about (one would be PCP Capital, who retain interest but not at the prices being quoted). But whether it ever amounts to anything more than that is the £400million question.

“Or should that be £300million, because two weeks ago I was told friends of Mike Ashley were saying he would accept an offer in that region if there were no clauses attached to it. The same person said he was fed up with football – although I’ve heard that before.”

As we know, Amanda Staveley is believed to have made THREE offers late last year, however her only offer that included no clauses was a £250m bid (as confirmed by George Caulkin following his interview with her earlier this year).

Ashley may have reduced his asking price to ‘around £300m’, but will someone pay that if a deal must included no clauses?

With us in the relegation zone and a potential HMRC fine hanging in the balance, will someone pay up..

(Fancy writing for us? Send any articles/ideas over to us at NUFCblogsubmissions@gmail.com & we’ll get back to you!)

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.

2 thoughts on “Mike Ashley ‘lowers asking price’ for NUFC – but reporter claims he’ll only sell on one condition

  1. When Ashley allegedly states ‘no conditions’ to sell at a lower price is he including the FREE stadium advertising and retail sales of everything NUFC in that category. We know what he tried to do at Rangers.


  2. Spot on Ron, it’s been Ashley who has been attaching the strings – wanting a continued share of the TV payments, wanting an extra bonus if the club end up in Europe, wanting to retain control over the advertising at St James as well as TV, wanting to lock NUFC into purchases of goods through SportsDirect, wanting several of the best corporate boxes, wanting to retain Strawberry Pl and other development sites in and around St James – the man is just a leech.


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