Sources ‘close to takeover deal’ share January update as interested parties make Mike Ashley request

According to the Chronicle, ‘sources close to the deal’ claim there has been fresh discussions in the first few days of January regarding a potential takeover – with Mike Ashley allowing the FOUR interested parties more time to raise cash and negotiate a deal.

Cynics will rightly claim this is just a reason to delay the ‘takeover talk’ and put off any January signings. It’s hard to know what to believe but that is an angle that is certainly not hard to believe considering the 11 years of Ashley ownership and what happened this time last year.

Hopefully it’s true and interested parties do actually need a bit more time to get cash together, however I struggle to see how it pans out from here given we are facing a real and very serious threat of relegation now.

Here’s a snippet from the Chronicle’s latest piece on the takeover front, stating that Ashley has accepted interested parties’ request for more time:

Newcastle United owner Mike Ashley is believed to have been asked for extra time to negotiate the sale of the club by some of the groups involved eyeing a takeover.



Sources close to the deal have suggested that there has been dialogue in the first few days of the new year, but the satisfactory offer Ashley is looking for is yet to land on the table.

That said, Ashley is believed to have granted the groups their request for more time to get their bids in place and, as it stands, he has not shut the door on any of the four parties involved.

The Toon owner has continued to pay the legal fees for the talks with lawyers over the Christmas period and is expected back to work next week.

Ashley has not built up any trust from Newcastle fans and has continually lied and misled the clubs fans for his own gain; so asking for patience yet again is, quite rightly, not going to go down well. After all, cancelling the Wolves boycott looks a poor move with hindsight – we lost the game anyway and appear no further forward to securing a new owner.

Throw in a another badly timed holiday and leaving Benitez unaware of his budget for a third transfer running and things appear to be taking a familiar yet bleak turn. As Shearer said recently, it is a case of ground hog day for Newcastle fans this time of year. This week has also seen fans groups pen an open letter to the owner – the media coverage may force some action or a discussion at least in the national media on just how much the lack of investment is crippling NUFC. We need new owners and quickly.

(Fancy writing for us? Send any articles/ideas over to us at [email protected] & we’ll get back to you!)

About Simon Riddlesden

Lifelong Newcastle United fan and East Stand season ticket holder. Observations from a supporter who has followed NUFC during Champions League participation and through relegation, taking me from Milan to Scunthorpe.

8 thoughts on “Sources ‘close to takeover deal’ share January update as interested parties make Mike Ashley request

  1. Lets say, for the sake of argument, that all of this is true and the interested parties do just need a bit more time to get the necessary funds to meet the £300m asking price together. Doesn’t exactly bode well for the necessary cash injection the club desperately needs, does it?

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  2. Nothing more than yet another stall tactic to waste transfer window time………….again.
    What a lousy git he is.
    FATBASTADOOT.
    HWTL.

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  3. A decent owner would put some money on the table now to use in this window and recuperate the money when negotiating the sale of the club . But I cannot see Ashley doing that as he is reserving his wallet for house of Fraser.

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  4. So the 4 interested parties can’t afford the asking price, we are 4 days into the transfer window , with no imminent signings, 2 points above the relegation places and a tough January schedule of games. You just couldn’t make it up.

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  5. sick of hearing about it,sick reading about it,sick of watching about it,sick of thinking about it..the fcb is a liar

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  6. The usual crap, can’t believe fans actually fell for it again, nobody wants to deal with ashley he has a tarnished reputation, the only time we will be sold is when we’ve sunk to the depths of Sunderland, which won’t be long with this owner, just keep lining his pockets with cash , I certainly won’t be

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  7. Does the horrible FCB give a schitt, no he does not, not one bit. The lies and deceit continue, cash continues to disappear into mash holdings, and the hopes and dreams of the geordie nation continue to be shat on by a despicable human being.

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