Monday night brought breaking news of an Amanda Staveley bid for Newcastle United, reported to be ‘in the region of £300m’.

Great news for Newcastle fans that there has been proved to be substance in reported interest in buying the club and various media, including the Press Association, confirmed last night that the club had indeed accepted that a bid had been received.

Mike Ashley was reported to be furious that the bid was claimed to be around £300m, with The Mail (see below) and others revealing that the bid was nowhere near that figure, with also claims of the bid including ‘relegation clauses’.

Tuesday morning has seen The Times (see below) report that Mike Ashley was also ‘disappointed’ that news of any bid had been made public at all.

Very amusing to see such a manipulator/user of the media seeing somebody do the same to him.

It turns out the Amanda Staveley bid was put in last week and quite clearly it is her camp leaking news of the offer, using the media to put the pressure on Mike Ashley.

Nobody wants to see Newcastle United lose any game but the fact the Magpies have won only one of their last seven games certainly doesn’t strengthen Ashley’s hand when bargaining on the price/terms of any deal. if Newcastle had six or seven more points towards Premier League safety from these past two months of football, then the NUFC owner would be sitting pretty.

The Times also say that their sources claim the Staveley offer is ‘take it or leave it’ and with the two sides seemingly so far apart, then to some Newcastle supporters the situation might look hopeless.

However, it is not unusual in any type of business, especially where the two sides are using the media to get their respective messages out, to hear such bluster when the opening shots are being fired in a battle to get the best deal possible.

If the two parties (or indeed a third party joins the bidding) then no reason why a deal can’t be reached, if both sides are committed to a sale/purchase of the club.

The Times – Tuesday 21 November 2017:

‘Sources close to the negotiations suggest that the offer, which was made at the end of last week, is “take it or leave it”, although it remains to be seen whether this is the case.

As of last night, Staveley, 44, was awaiting a response from Ashley’s representatives, who are said to be disappointed that details of the bid have been made public.’

The Mail – Monday 20 November 2017:

‘Amanda Staveley and PCP Capital Partners have moved closer to a takeover of Newcastle United after making an opening offer – but Mike Ashley is set to reject the approach.

The Middle East and Chinese investment fund – fronted by the Yorkshire businesswoman – have been working through the due diligence process since last month and have now tabled an initial bid.

However, Sportsmail understands that Magpies owner Ashley was furious at reports which emerged on Monday night suggesting the figure was in the region of £300million.

Sources close to the club insist it is way lower than that and Staveley will need to return with an improved offer if there is to be progress. It is thought the deal is complicated by clauses in the event of relegation.

Ashley still wants to sell the club but will do so on his terms, which could include an advertising package for Sports Direct.

If a takeover is completed – and sources close to the deal are ‘confident’ it will be – then we understand Staveley, 44, will be installed as the new head of the club.

Negotiations will now continue but hopes of a deal being completed by Christmas have rescinded given the disparity in valuation.’

  • Grahame Johnson

    Selling papers is the name of the game so no doubt they will be full of garbage over the next few days jabba has the best chance he will ever have to cut all ties with the club or barter for advertising rights, I think he needs a large cash boost quickly as no doubt he has dastardly plans ahead. Weibo the Chinese twitter went a bit mad when we played Liverpool as a lot of Chinese seen we had a Chinese sponsor on our top and on hoardings also in India they are taking more of a interest due to Indian sponsors, as a bloke in the financial section of a American paper said TV games with all the advertisements look good for Newcastle but 52000 v Palace and Bournemouth with good merchandise etc sales will be one of the main factors in buying the club, as over 50000 v Everton on a cold December night will show

  • BillytheFish

    Ashley is doing what we all would do, in holding out for the best price….He wants his money back plus a bit of profit.
    The major, and I mean major problem he has is if this deals falls through then he will be left with a totally toxic club and fan base…

    • Wor Lass

      I suspect you`re right, Billy. I think he really wants out – but having a really toxic club and fan base has never bothered him in the past .. I think the difference now is that he`s got totally bored with it all and wants some spare dosh so he can go and c*ck up someone else`s lives.

      • MichaelMaximusMoose

        He`s not short of a few quid & he won`t sell it on the Cheep

        • Wor Lass

          The thing is that a greedy, tight-wad, bar steward like Cashley always thinks he`s short of a few quid. He`ll want to screw every penny he can out of a deal, right enough, but I reckon he really wants to sell up and move on this time. Fingers crossed.

  • MichaelMaximusMoose

    He won`t bow to pressure & he won`t sell if the price isn`t right & £300m or around that figure will be kicked into touch

  • magpiefifer

    Ashley is a prize hypocrite – doesn’t like it when others use the media!
    This is going to be a long saga,and I can see us not getting rid of the odious one!

  • Paul Patterson

    At the end of the day, he can’t have his cake and eat it, the trouble is, he has done in the past.
    He’s ran Newcastle down over the last ten years and STILL made profits from player sales who were bought in on the cheap, yet has not been punished for it as the relegations haven’t effected the club as we have bounced straight back.
    Just take the money and leave us to it.

  • Lhc

    I wonder if this interest/bid claim is all just a big smoke screen for Ashley in some way in the long run and he has no intention of selling, I don’t trust anything the man say’s, and until anything is fact I still believe this may be the case.

    • Jezza

      Right from day one in this saga on 16th October I never believed he had any intention of selling the club.

  • TheFatController

    People say Ashley will hold out for nearer £400m

    Reminds me of when I had a car to sell years ago. I wanted £800, one guy offered £400, someone came and offered £650.

    Guess what the outcome was? When you’re selling, you sell to the highest bidder, unless it’s nowhere near what you wanted. With £300m on the table, he’ll sell for something just above that after a period of rumination and bartering.

    Otherwise he’s got a car on his drive doing nothing he might not get the chance to sell again..

    • Jezza

      Yes but NUFC is not doing nothing like an unused car lying SORN’d on a drive slowly developing square tyres, it’s still making lots of money for Fatso as well as giving him free advertising for his core sweat shop business. He’s going nowhere unless he gets some unrealistic outlandishly high offer he just can’t refuse.

      • TheFatController

        He needs the ready cash. When you need cash, you cash in your assets. Hence the very public sale.

        He doesnt have the money he once had, the club to him represent an expensive car he only drives the occasional weekend that someone’s offering good money for.

        Good money as cash. Cash that he needs. Cash he might not get offered again for that car he rarely drives …

        £300m on the table. His fingers must be itching to take it, but his pride will make him play the game…

  • Steve Pearce

    As there is nobody else interested in buying us and he wants the money NOW The Fat Stinking Bag Of Southern pus will have no choice but to take any offer he is given. He’s lost interest and has identified new business ventures that depend on the purchase price for funding. He will know the minimum figure he will need and that will be less than the 300 million. So I expect the deal to be done by Saturday and indeed there are said to be double deliveries of drink to be sent out to all bars in the town as they are set to be drunk dry by fans celebrating our new ownership!

  • Toonrobbybobson

    Rafa has a big say in this. Buyers want Rafa. Rafa not backed in January means unhappy and could walk. Means Ashley risks devaluation, less attractive, relegation threat. Buyers walk away. Ashley is being backed into a corner as he wont get a better chance to sell.

    Getting his money back isnt a bad deal as hes asset stripped land etc and had a decade of free advertising. Raising his tat brand.

    He thinks his money can make more elsewhere with less risk. He cant afford to bankroll the risk of a premier league football club and why he will jog on.

    Expect Rafa to see off Ashley.

    • Angelswithdirtyfaces

      If Rafa walks in January with no deal already sealed, I’d expect the sale to fail through.

  • Peaky Magpie

    The fat c**t will make this sale as awkward as possible just in the same way he appointed JFK purely and solely to p*ss off the fans.

    • Toonrobbybobson

      Not a chance this time. His capital is seriously at stake and he wont have a better chance than this to get out. He knows it and hes being backed into a corner.

      Money WILL speak to him ultimately.

      • Peaky Magpie

        I really hope you’re right both for the future of the club and the sanity of us long suffering supporters.

      • Coble’s Return

        You’re right. This is a storm that we are all going to have to ride out. Staveley is clearly extremely experienced in the art of the deal maker and may have to play a long game in order to seal this one. Once all the posturing is done with, I think that we will be left with both a keen buyer and a willing seller. Ashley wants out before the goose that lays the golden eggs goes barren.

        • Jezza

          “Staveley is clearly extremely experienced in the art of the deal maker
          and may have to play a long game in order to seal this one”

          Or she will just walk away as soon as Fatso starts to mess her around as he does with everybody.

          • MadMag83

            Didn’t Liverpool keep raising the asking price and she walked away from that.

          • Colin Catley

            No i think liverpool owners just outright said they didnt want to sell at any price so they moved on at looking at other clubs. ‘Ight be wrong thou

  • MadMag83

    Come on fat Mike, you know what to do. Take her out for the night, get her utter sh*t faced and when she’s finished chucking up in the fireplace, you make her agree to buy it for £300m. It’s how you normally conduct business in Sports Direct.

    • Rich Lawson

      She’s dealt with the Chinese and Arabs who can both be big drinkers,be more funny if she could drink him under the table and get a better price ?

      • MadMag83

        Aren’t Arabs Muslim and therefore forbidden from drinking? 😂 It would be nice if she were able to get one over the fat lout though, agreed.

        • Leazes Ender

          I’ve had a drink with Saudis, Jordanians and Syrians…. so that must be a no….. only if you are in an non-secular dictatorship at the point of consumption.

          • MadMag83

            Seems a bit bonkers, I imagine they were breaking the rules of Islam still.

  • Peaky Magpie

    I know it’s a different subject but I wonder if there’s any chance in I’m A Celebrity Ant n Dec could just take Denis Wise to one side for a couple of hours and kick the f**k out of him and then give the others as much food as they can muster ??? Just a thought

    • HappyToons

      Cannibalism … but its those small bones that are the problem

    • Leazes Ender

      Why do you think he was invited in the first place…. the game show is essentially a torture process of starvation which loosens tongues and heightens emotions. It works every time and sadistic viewers like to see the so called celebrities going slowly crackers and flipping.

      I’m not Declan Donnelly before you ask.


  • 1957

    I don’t know him but Ashley doesn’t seem the type to compromise. He will have a bottom line figure to sell and won’t go below it and I don’t doubt merchandising and free advertising will be in the mix somewhere for him.

    Sadly I don’t think we are close to seeing the back of him yet.

    • Jezza

      I agree he will still be here years from now. He was never intent on selling the club unless he could get an outrageous ammount of money, well above the club’s true value.

      • Leazes Ender

        It doesn’t feel genuine but nothing surrounding fatty does.

      • Damon Horner

        Ashley always has a motive. He wants out by Christmas for a reason. There might be a club he can save which is on the brink of administration which has potential to rocket in value.

  • HappyToons

    Sounds like Ebay

  • Monkseaton Magpies

    What worries me is the prospective new owners are trying to do it on the cheap
    with relegation clauses. If they were awash with money fifty extra million
    would be like us going down the pub for the night. Any new owners must be able to compete with Man City full stop.

    • Rich Lawson

      An opening offer is always going to be derisory,particularly if it annoys the other party and draws them into revealing more of what they really want/will accept,so much the better. Who ever,if anyone, buys NUFC we are not going to compete with Man’ City for a very long time !

    • Paul Patterson

      Compete with Man City? Don’t be silly. For the here and now we just need to compete with Brighton and Huddersfield and we will easily survive . .

      • Monkseaton Magpies

        We will finish above them with Ashley in charge at a canter the new owners must deliver full stop.

    • TheFatController

      Surely the relegation clauses are there to make Ashley realise he needs to move out quickly or face devaluing the club through relegation ?

      So he asks them to take out those clauses, they then say ‘well, without them we’d need to control the January transfer window, so we’d need a quick sale if you’re not accepting relegation clauses…’

      Many elements proposed in deals are there for the other party to remove, but usually make a very clear point to the party removing them…

  • Unhappy that pcp are using the media to push the sale is a bit rich when twice before Ashley has tried the same tactic to drum up a bidding war and failed to sell the club because they just didnt exist. This time he did the same publicly showing Chinese consortium’s around sjp to flush out bidders. The sale will go through with a compromise bid by january because he wont spend any money to keep us up and we all know the squad isnt good enough to do that without investment.
    He knows if he keeps the club and its relegated for a third time Rafa will walk the fans will revolt and the club will be worthless. Sell now get out while the getting out is good.

    • Leazes Ender

      Yes it looks like that Staveley bloke might just be a willing participant to tempt a genuine bid?

  • Steve Smith

    Wouldn’t be surprised if it was Ashley’s team “leaking” the information to make it look like a sale is genuinely happening, keeping the fans quiet for longer.

    • TheFatController

      So the logic is Ashley wants us to think we had a buyer at £300m that then goes sour, leading to a fan revolt, team implosion and relegation?

      yes, Ashley really is leaking the bid to fool us into thinking it’s a sale when it’s not, in the hope the implosion happens, we get relegated and he wipes £180m of the value of his asset …you make a good point.

    • Damon Horner

      No interested buyer would be named in that position, unless you think Amanda Staveley and PCP are in on it?
      A purchase is on the cards, it’s about whether it sticks.

  • Sing in the Leazes

    Ahh man there’s only one loser here.
    Us. The fans.
    It’s the hope that kills you.
    This is deadly.
    So much hope.
    When nowt comes of it we’ll all be done in.
    Desperately need to not get my hopes up.
    Ten years he’s been messing with us. Why does Ashley hate us so much?

  • Taz

    Ashley is only ever happy when he is lying, giving false hopes, counting his money and $hitting on the toon army. The bloke is a disease. He is so full of it its unbelievable…what a [email protected]….