The latest strand on the ‘Mike Ashley selling Newcastle United’ story, sees Reuters News Agency report that their information is that Amanda Staveley has valued the club at £300m.

Reuters saying that they have a ‘source’ who has talked to them on condition of anonymity, who has given this alleged insight into how Staveley and her investment firm PCP Capital Partners are seeing a potential offer for the club.

They further add that on top of their £300m valuation/potential bid, PCP have as part of their plan to invest a further £150m to be added to Rafa Benitez’ transfer kitty over the course of the next two years.

You pay your money and take you choice on what you believe about any angle regarding Mike Ashley selling and/or anybody buying.

However, when Amanda Staveley turned up at that Newcastle v Liverpool match almost three weeks ago, it did catch the imagination of many Newcastle fans.

Somebody from the north of England, also a football fan, a credible person who was previously involved in the purchase of Manchester City. Plus of course the claims that she may have access to a fund of up to $28bn on behalf of middle east investors.

Reuters say that they put the Amanda Staveley £300m valuation/potential bid to Newcastle United but predictably the club declined to comment.

The fact that Mike Ashley has also indicated that he allegedly wants any deal agreed by Christmas, is unfortunate timing.

As Newcastle fans are likely to get to new year after months of takeover speculation but nothing happening, only to then be plunged straight into the horrors of the January transfer window and all the soul-destroying false stories that prompts.

Whilst some media have claimed that Mike Ashley will back Rafa Benitez in the transfer window if a sale doesn’t go through, I would safely assume that most Newcastle fans will assume that realistic/significant backing for Rafa in January will totally depend on new owners coming in.

Very much a case of, all or nothing.

  • ross richardson

    Coming from Reuters it’s a hell of a lot more believable now. Still preparing myself to be kicked in the nuts though

  • MichaelMaximusMoose

    Fatso wants around £350m, can`t see him dropping 50 mill, after all its not as though he`s desperate for the cash

    • TwinFire

      unless HMRC are going to give him both barrels?

    • Oooh bobbi fleckman

      Rare occasion this, you are right. I can’t see him dropping that low, he’s moving on because i reckon he thinks the selling price is strong and to grow the club it will take someone who throw some money at it. He wants out but he’s not desperate.

    • HarryHype59

      We know the odious oaf likes to gamble! However, playing hardball now would cost him a lot more if we go down as a result of him not backing Rafa in the next window!


    Bought for 134m with a loan of about the same so to me i if i was a buyer and the seller was desperate i would offer 250m no more, then Mike can walk and say i didnt make a loss and the new owners have more money for players if you need to buy on instalments it will cost more like any product.

    • Oooh bobbi fleckman

      You can offer £250m, you will not own a football club.

      • HarryHype59

        He will if no one is bought in the next window and Rafa walks! The likely relegation would dramatically reduce the club value.

        • Oooh bobbi fleckman

          We’ll not go down this season regardless (I can’t wait to get your £10). As you have rightly said, as a relegated club, the value is almost eroded but that’s not the case.

          £250m does not buy this football club.

          • HarryHype59

            It is extremely unwise to state “We won’t go down”, bearing in mind we have done just that twice since 2009!

            The margin of safety isn’t that high!

          • Oooh bobbi fleckman

            We’ve got £10 on it, up it?

  • Keeganontherebound

    Sounds promising and Reuters are usually pretty reliable especially with business news. 300m is not too far off Ashley’s valuation so let’s hope they manage to reach a compromise. If there is another 150m earmarked for transfers over the next couple of years surely they are not going to pull out for the sake of another 20-30m? And even Ashley knows that if he messes this up, he will have to find cash in January or risk Rafa walking, a fan revolt and a possible relegation battle…And if we go down again, he won’t be getting anywhere near 300m.

  • Ern1966Bristol

    Ashley paid £134million plus about £150million in loans. This paid off the mortgage on the ground improvements so increased the value of the club.He has had 10 years of free advertising from media publicity and who knows what (very large) percentage of all merchandise sold for ten years. If he receives £300million for the club he has made a profit and had massive benefits for ten years to his tat shop business. He may be completely clueless in winning anything at football, but he knows how to make money.

    • Alex

      Ashley didn’t pay off the mortgage, he just replaced the bank mortgage with a mortgage to himself. NUFC still owes the money – Ashley didn’t clear the debts, the ckub just owes the money to someone else.

      • HarryHype59

        True, he has transferred the debt to himself and managed to lose us over £100m getting us relegated twice! In an ideal world that money should be deducted from his £129m debt!

      • Oooh bobbi fleckman

        True but that person the club owes the money to is not going to wind the company up, big difference.

        • Alex

          Wrong. Should they wish to secure their preferential rights as a secured creditor, they could easily petition a court for an Order.

          • Oooh bobbi fleckman

            Yes, but look at the incentive to do so. If the 100% shareholder winds up his own company, it goes into liquidation and he loses his ownership and likely to take a big haircut on his debt. If the creditors in 2007 did it they just take a haircut.

            In football, the football creditors have security of PL distribution and in this case, Barclays and Eurobond holders had security of both ST money and the stadium.

  • Paul Busby

    300 mil with a 150mil kitty… please let it be so…

    • HarryHype59


      • Lofty

        Do you both think £150m over two years is enough lads? Over four transfer windows it suddenly doesn’t seem so much?

        • HarryHype59

          It’s more than the fat lad would give us, also players may now be bought on installments like Spurs did with Sissoko!

          • Lofty

            Aye, I did think of that scenario actually. Hopefully we’d get better value than Spurs 😁 All conjecture until the deal is done I suppose. As long as Rafa’s happy!

  • steve pearce

    Yes – Reuters are a long established and prestigious news agency who do not deal in fake news. So this backs up Amanda’s presence at the Stoke and Liverpool games and she is the only prospective owner or owner’s agent I would trust at this point. If her taking the club over results in decent and caring ownership, proper transfer budgets and silverware we should canonise her Saint Amanda of Gallowgate,,,,

  • HarryHype59

    If I was going to bid £303m for a club I wouldn’t do so unless the club is certain to be in the EPL next season!

    If this takeover drags on until after the next window and the fat lad spends nowt, Newcastle could be in the Championship next season!

  • Coble’s Return

    £325m to do the deal with Staveley – surely! Ashley is never going to have the club in a more saleable state than it is now. World class manager, fan base, stadium and a decent squad with a reasonable expectation of Premier League survival.
    The risk of not selling is huge. We know that he won’t invest to any great extent in new players. It is also safe to assume that Rafa will not put up with Ashley’s transfer window antics for much longer. History would then repeat itself and I doubt that we would recover from relegation so readily a third time. Therefore, he either sells whilst he is able to present the club as a strong investable prospect, or he doesn’t and he watches the value of his asset plummet.
    Come on bonny lass – we’re all with you on this.

  • Alex

    If we get anywhere near the end of January without a sale, Ashley is a fool. From February 1st, with Ashley still there, the value of his asset falls like a stone.

  • ToonNL

    I was assuming Staveley was acting as an intermediate like her roles in the failed ‘pool bid and city

    I’m not sure we want to be owned by an investment fund who answer to their partners…

    Regardless, this is in the ballpark I can see the club going for and for better or for worse, this looks like its gonna happen. I see that Ashley isnt desperate but there might not be a better time to sell, his past failure is probably considered and surely he’s sick of us by now

  • Alreet

    By all acounts we seem to have no shortage of buyers. It may just be down to time and who will show their hand first.

    As long as we dont get another gambler or anyone to so with indian chicken sellers it could be up and up.

    The sale to ashley all them years ago went through too quickly if you ask me, weve paid through the nose for itall this time. If we are finally able to get rid of the oaf i really will be happy.

  • Mumbles

    Assuming this is true, and assuming that the club can continue to stay in the black, does £150m over two years represent that much investment outside what the club already generates (again, assuming PL survival)?

    What I’m trying to say is, beyond getting shot of Ashley, would the club be all that much better off financially? After all, investment firms generally aren’t in it for the glory.

  • HarryHype59

    I heard on Total Sport tonight that Spurs are worth £1billion! I wonder how much our club would be worth if Ashley had developed us to any where near our full potential?

    His lack of vision and short sighted greed has cost him at least two hundred million! Oh the irony.