Ex-Mike Ashley employee speaks out about a potential takeover – & says why it’s yet to go through..

According to ex-NUFC manager Sam Allardyce, Mike Ashley does genuinely want to sell the club – but he believes the club’s unstable position in the Premier League is the one reason he’s been yet to find new buyers.

He actually raises a valid point (who would spend £300m on a club that could be worth at leat half in a few months time?), but why wasn’t the club sold over the summer or in the months building up to now? I’d like to bet it was due to his excessive demands; whether that’s asking price or him insisting on a Sports Direct presence remaining inside St James’ Park.

Here’s what Allardyce has had to say when speaking on talkSPORT:

“I think he genuinely wants to sell Newcastle,”

“What surprises me, if it’s £300 million (the asking price), I don’t think that’s excessive. I really don’t.



“If the club was stable around 11th or 12th in the Premier League then I think you would get that buyer. The purchaser at this moment is saying, ‘am I buying a Premier League club or am I buying a Championship club?'”

To counter this though, takeover talk always seems to be around this time of year, exactly when what division we are playing in next year is uncertain. During the summer, Ashley doesn’t seem to be proactive in selling the club and if the Kenyon deal breaks down just like the PCP one did a year previously, you have to question the seller not the buyer.

Either it is a PR exercise from Ashley, who has no desire to sell and wants to use it as a smokescreen to not spend in January AGAIN – or he is not being flexible enough with buyers. He must try and sell in the summer’ early in the season, or accept a lower asking price with some of the price withheld unless we secure safety. If he is not prepared to do this, he shouldn’t be doing interviews on Sky News claiming a deal is close, to then disappear for a month.

Allardyce was the first manager Ashley sacked and is likely to be wanting to be in the news with the Huddersfield job now available. Either way, I just don’t believe that the club can be this hard to sell if that is what the owner genuinely wants – Ashley, like most things at NUFC, is causing the problem here.

(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.

4 thoughts on “Ex-Mike Ashley employee speaks out about a potential takeover – & says why it’s yet to go through..

  1. I know it’s getting boring now, but who is at fault for that uncertainty?!.

    If Ashley invested some money into the club and back Rafa in transfer windows – and I say windows coz it wasn’t just the summer he’s let us down – then maybe we would be that 11th or 12th placed PL club fat Sam talks of.

      (Quote)

  2. Fat Sam as a replacement ? There’s a real chance of that happening as well David.
    As for this boring take over saga its just going to drag on. Seriously three transfer windows gone and no money spent on players! Soon to be a summer as well. Its a great excuse for Ashley but i’m not buying it

      (Quote)

  3. How desperate you must be for hits with your click-bait reference to Allardyce as an “Ex-Mike Ashley employee”.

    Plus – he didn’t say why it’s yet to go through – he said why HE THINKS why it’s yet to go through.

    Big difference!

      (Quote)

Leave a Reply

Your email address will not be published. Required fields are marked *

Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green