Toon For Change send takeover letter to Orlegi Group revealing NUFC's £1bn potential

Following media reports yesterday that suggest Orlegi Sports is seeking 'information and advice' on NUFC, Toon For Change has sent letters introducing what we believe to be £1bn potential of our club to senior personnel at the group.

Toon For Change, which has grown to over 650 members in size, since launching a free membership initiative last weekend, outlines our desire for an ambitious future, in addition to the club's success in the 1990s and early 2000s in comparison to NUFC's lack of progress under Mike Ashley across the last decade on the pitch and commercially.

Please find the full letter, which was sent to Orlegi Sports' Chairman, Alejandro Irarragori and Jose Riestra, the group's Head of Football, attached.

Dear Mr Riestra,

We wanted to take this opportunity to introduce our supporter group, Toon For Change and our football club, Newcastle United, which plays in the English Premier League.

Toon For Change is a fan group with over 600 members, led by five United fans who came together in the summer of 2019 after years of unhappiness about the way our club’s current owner, Mike Ashley, runs our club. Mike Ashley has continuously shown discontent for fans and the city of Newcastle alike, while underinvesting in the club’s players and facilities.

In order for our club to move forward, we believe that we need a new owner to take us back to the standing that Newcastle United previously had in world football. We are writing to you, as we believe that you have the desire to grow investments, based on your current business interests.

Newcastle upon Tyne is a working-class city based in the North East of England, the socioeconomic benefit of a successful football club is unique in Newcastle as a one city club. There is no other top-flight football team for over 100 miles, so alongside our city centre stadium, category one academy and passionate support, there is a genuine opportunity for growth.