Monday night saw Sky Sports claim that Mike Ashley is considering selling the club, with ‘Chinese investors’ allegedly keen on buying Newcastle United.

Widespread media reports followed, with claims that there is believed to be serious interest from those who have registered an interest.

Thankfully this past season has been more about Rafa Benitez and his players, rather than Mike Ashley and the failings of stooges such as Pardew, Carver and McClaren, that  he has employed in the past.

So are we shortly to see the back of the Sports Direct supremo?

Well probably not according to one newspaper, who claim to have a different inside track on what is potentially going to happen.

The Telegraph claim that Mike Ashley told Rafa Benitez in May that a number of potential buyers had approached him with regard to buying the club.

The United boss is said to be ‘relaxed’ about any potential deal as it allegedly wouldn’t affect his plans/preparations for the coming Premier League season.

The newspaper deviate from the mainstream though by claiming that their information is that Mike Ashley would welcome somebody buying a part of Newcastle United, rather than the club outright.

The Telegraph saying that they understand Ashley would be ‘happy to share the responsibility of running the club, in return for the sort of significant investment that would greatly strengthen their player recruitment power’.

They report that ‘conversations with investors are ongoing’ with regard to the sale of a share in Newcastle United, whilst also claiming that Ashley has a valuation of £400m on the club and he doesn’t think anybody will be prepared to buy NUFC at that figure.

It is ironic that it is The Telegraph who are saying that Mike Ashley might prefer not to sell the club, considering the owner banned them and journalist Luke Edwards back in 2014, because they claimed Ashley WAS trying to sell the club, with the intention of buying Rangers instead.

You pay your money and take your choice when it comes to deciding what, if anything, you believe. A bit like transfer stories.

However, whilst I believe Mike Ashley would sell the club if somebody offered enough cash, I find it hard to believe he would be happy for somebody else to have a stake.

Anybody who would potentially put money in, would 100% be then expecting to have a say in how the club was run, and can you honestly see Ashley being happy about that?

The argument as well that Ashley would sell the club and then give that money to Rafa Benitez to spend in the transfer market also sounds very far-fetched.

The only reason for the owner to sell all or any part of Newcastle United would surely only be so he can then take that money and go and use it elsewhere to expand/prop up his business empire.

  • Kev1664

    Surely it would be baby steps. Takeovers take a long time to complete these days, the proper checks have to be carried out by the premier league to determine fit and proper ownership, then the paperwork involved for a full takeover takes its time.

    Getting someone to invest the sort of money, say £160 million for a 40% stake, does two things, it proves that the interested parties are more than just tyre kickers and time wasters, and it also gives those parties a foothold on the business meaning it can’t be sold to anyone else while the full takeover rolls on in the background.

    It seems like there is something to this. It also seems to have gone quiet on the transfer front, whereas before it seemed all systems go. I guess it’s time to watch this space.

    • Damon Horner

      As you say it could take a while so it shouldn’t affect the transfers really if the budgets are known because any developments and they’d know it is capital the club are prepared to invest.

  • Wor Lass

    It looks like win-win for Cashley. Get a big cash injection from a foreign investor but keep control of the reins with a majority share-holding. As long as Rafa stays then it could be a great development – we might get our new training facilities and we could even pay Carr off!

  • MichaelMaximusMoose

    nobody will outlay cash & have Fatso still running the show, he`s already relegated us twice & who can say if he`ll stick with Rafa. the mans a chancer & a born liar i wouldnt trust him with a quid

  • Peaco

    Incremental/progressive fan buyout is the best (albeit improbable) option. Ashley is bad, Chinese could be equally so, assuming any legs to this of course.

  • Rich Lawson

    Would anybody,especially canny businessmen like the chinese want to buy into a club that is still under investigation for alledged financial mispractice without knowing the outcome ?

    • Damon Horner

      Process of “Due Diligence” means they would review the accounts and it would probably be done independently by a hired finance expert they trust. Any wrong doing which affects the club in a big way and they’ll just withdraw their bid.

      • Rich Lawson

        Seems fair enough,ta for that.

  • Toon69

    Maybe, just maybe MA is willing to sell enough of the Toon so that he can buy Rangers but still have a share of Toon profits….

  • Damon Horner

    Easy one. He wants to sell enough so he retains a financial interest, no pressure from the loan and also enough so he can keep his retail agreements with the club shop while also not really having to care day to day

  • Leazes Ender

    Stop faffing around….ASHLEY OUT….