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Reuters: Amanda Staveley values Newcastle at £300m ahead of potential bid

4 years ago

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.


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