According to the Chronicle, Amanda Staveley’s Saudi-backed consortium have become aware of a potential £50million drop in Newcastle United’s value following the COVID-19 crisis – something that could become an obstacle in any potential takeover.
As revealed by detailed database Transfermarkt – a website that estimates the valuation of players and clubs across the world – our squad worth has come down considerably as a result of the current global pandemic.
Recent figures suggest Newcastle United is worth £221million, which is £50million less than before the coronavirus pandemic – yet the Chronicle state that Mike Ashley ‘doesn’t seem in the mood’ to lower his price tag:
“The Amanda Staveley brokered and reportedly Saudi-backed consortium will have noted the latest set of figures from Transfermarkt – the industry leaders in player and club valuations – which now value Newcastle at £221million, some £50million less than before the coronavirus pandemic
“Ashley, for his part, doesn’t seem in the mood to lower his (asking price) off the back of what is happening.“
Mike Ashley bought the club for around £130million in 2007, but cleared the clubs debt for about the same fee. This ‘act of kindness’, however, is owed back to himself in an interest-free loan should the club ever be sold.
Would he be demanding £300-350million plus his interest free loan on top? After the money he’s already made off the club over the past 12 years? It wouldn’t surprise me!
Mike Ashley isn’t stupid either, certainly not in a business sense anyways, and knows that this ‘£50million hit’ will bounce back as soon as the Premier League resumes to action, so you can sort of see where he’s coming from there.
Some clarity for the supporters would be ideal, but as usual, communication from the club regarding a takeover has been zero!
Same old pantomime.
Come on Mr Ashley grow a pair and face up to reality.
Your not wanted at our club.If you do not sell now you cannot expect the supporters to attend matches again.After all we are all used to staying in now,so
another couple of months are not going to hurt us.
NOW IS THE TIME TO GET OUT.
Foxy(Quote)
If, as you say, “this £50m hit is going to bounce back as soon as the Premier League resumes to action” why would that become “an obstacle in any potential takeover”?
A load of rubbish. Sorry.
taken4mugs(Quote)
ANY drop in the offer price will result in an instant NO DEAL.
Peter henderson(Quote)
Never selling never was nufc rip well done to the scum who keep giving him money and attending matches
Larry Lauri(Quote)
If the saudis really want the club they should put up and shut up. Theres been no actual bid made. How is fatty meant to accept a bid till one is made?
That will be his next excuse for not letting go
Eddie(Quote)
Dear Larry Lauri
Nobody likes Mike Ashley.
I can only assume that you are maybe from the Keegan Bandwagon days where all in the garden was rosy.
Once again I can only assume that your IQ is considerably less than your age.
Do you for one minute think that Hall and Sheppard (and siblings) were the great philanthropists who only wanted to make NUFC great once again.
Think again!
You call people who attend games “scum”?
I beg to differ, people who attend games are called “supporters”.
How can “fans” like you ridicule Sunderland for low gates and downturn in fortune when you advocate / promote the same fate for us to suit your somewhat deluded agenda.
You’re not happy?
Boo Hoo… Sit down, shut up and weather the storm like many true supporters have done over the years.
Me personally, I go to watch 11 players in black and white… It’s called passion
Seen it all before(Quote)
There is one big difference. AMBITION. Hall and Sheppard wanted to win things. They wanted to have the best team. Ashley only wants survival. No more, no less. It’s an insult to compare Sir John Hall to Ashley.
Glenn(Quote)
Kev B(Quote)
In reply to taken4mugs comment, I can’t agree more, at last someone with a bit of common sense 💡 🙄
Kev B(Quote)
I’ll believe in it ONLY when a signature has been made, legal eagles rubber stamped it and the gaudy red & blue Jumble Sale shop signs are being taken down.
Until then, I am fed up of the (fat) Boy Crying Wolf. Shame nothing has savaged his metaphorical sheep yet….
Andrew P(Quote)
Naaaah..! Blind stupidity.
❓
Peter hendseron(Quote)
I don’t think it’ll ‘bounce back’ when football resumes. This crisis is going to have a lasting affect on clubs, so it will be an obstacle to overcome if Staveley and co. are aware we’re worth less – but Ashley doesn’t want to reduce his price.
Olly Hawkins(Quote)
It’s the useless commercially immature Staveley who’s at it again, not Ashely……there’s NO OFFER from them, just gameplaying. Her outfit is acting as broker only for commission on the deal. She had a Dubai based (for a reason) little outfit unregulated by the UK Financial Conduct Authority which has banned commission to financial advisers in the UK. Dubai houses some of the worst rip off financial outfits on earth due to toothless regulation which sees many British investors, expats, ripped off. How she got where she had is highly debatable and as new Owners I’ve been very wary from outset. Ashley knows he cannot compete at top level anymore due to the huge escalation in player transfer fees and wages, he’s ready to go for a reasonable offer….he’s waiting…waiting…waiting….NO OFFERS…whose faults that?
Emmerdale 56(Quote)
Plenty of continued Ashley bashing on here but how can he get out without an OFFER? ….will just anybody reveal the secret of selling without a willing Buyer, jeez he’s been waiting for long enough but no offers forthcoming. Anybody got the magic wand? Ah yes, you want him to build a bonfire and give the club away? Loathe him all you like but he’s quite right not to do that. He cleared the club’s debts with his own money, 130m thereabouts. He wants a straight repayment of that plus a reasonable value on his shares. There’s no reason for him to take a loss on them, the club remains a good investment at the figure he has in mind. In fact, NUFC is a fair deal for an astute investor with the kind of financial muscle to invest much much more in it……which Ashley can’t match. He’s no time for Predators, so where’s the genuine Offers? Don’t blame Ashley, he’s all ears and he’s waiting.
Emmerdale 56(Quote)
Well peter Henderson thank you for your reply I was a season ticket holder for many years travelling from Hampshire a near 680 mile round trip for what to see the club raped by the fat ******* realising my money was helping keep him there scum was a bad word to use and I apologise for that anger got the better of me but to get rid of the disease you have to starve it and that won’t be done all the time people give him money. All the best Larry
Larry Lauri(Quote)
FCB still has your season ticket money what do you do ?
Bet your “passionately paying £14.95 ” to watch them on TV.
The clubs a joke from top to bottom
GREMLIN 85(Quote)
Don’t buy anything
GREMLIN 85(Quote)