A new exclusive quoting ‘sources’ close to Newcastle United, claims that Mike Ashley has no real intention of selling the club.

Instead it is stated, it is simply a means to ‘stave off spending in the January transfer window’.

Hmmm, not so sure about this one.

The claims/exclusive come from ‘The London Economic’,  a website that usually specialises in quirky stories about popular culture, from politics to lifestyle/entertainment.

The writer describes himself as a ‘business and economics journalist’ and says that by spinning a line about putting the club up for sale, Mike Ashley could be ‘instead pocketing the fee as part of a club sale ruse’.

I think most of us would see Mike Ashley capable of anything but it is difficult to see exactly how somebody like this would be having access to ‘sources close to the club’.

It sounds more like yet another wanting to have a piece of the Newcastle United circus, getting cheap clicks/attention by spinning a yarn.

The ‘sources close to the club’ more likely to be reading a few other articles elsewhere without any substance/knowledge of what is, or isn’t happening at Newcastle United.

In this period of time there is a vacuum, fans/general public starved of any news on progression or otherwise of the sale of the club.

Everything could be happening, or nothing, but I don’t think this particular ‘source’ is worth worrying about…

The London Economic:

“Mike Ashley’s public plans to sell Newcastle United are nothing but a means to stave off spending in the January transfer window, sources close to the club have revealed.

“The Sports Direct owner says he wants the club off his hands by Christmas. But it could simply be a case of history repeating itself, with ownership speculation meaning the chairman won’t have to put his hands in his pocket when the transfer window opens again on New Years Day.

“Newcastle boss Rafael Benítez slammed Mike Ashley in the summer for revising down his ambitious plans for the club.

“Just £35 million was invested in low-key acquisitions, which is less than newly-promoted counterparts Huddersfield Town.

“Benitez met with head of recruitment Steve Nickson on Monday and made no secret of the fact that he is looking to recruit heavily in the next transfer window.

“But owner Ashley may be using well-worn tactics to deny the Spaniard the chance to splash the club’s Premier League windfall, instead pocketing the fee as part of a club sale ruse.”



  • TwinFire

    I think the ‘sources’ close to the club are actually posting in this comments section…

    • Mark Potter

      Yep. The so-called reporter is just quoting some of his mates from Newcastle who are “close to the club”, meaning they live in the student accommodation at Gallowgate. The reporter used to go to Newcastle Uni, but is probably a southerner. And what an unbelievably false name for his one man blog “The London Economic” giving the impression he is part of the world famous London School of Economics. It’s the problem with the Internet, that anyone can and will make themselves look like a reputable source, but make shxt up.

  • Monkseaton Magpies

    We spent £47m in total more than Brighton and Huddersfield and will probably spend another fifty in January not bad for some one who spends no money. Our friends down the road only spent £1.5m after receiving a £40m payment from the premier league and £30m for Pickford. Wonder why the Sunderland fans do not hate Short as much as some of our so called fans hate Ashley. I bet he does himself.

    • MichaelMaximusMoose

      Brighton spent £39.65m net this summer, back to the drawing board for you Bonnie lad
      you`re full of schitt

      • MichaelMaximusMoose

        Huddersfield net spent this summer £38.9m

      • Monkseaton Magpies

        Not bothered about net the other teams got no money for their players the fact is we spent more money than both them teams does not matter where the money comes from.

        • MichaelMaximusMoose

          Idiot, i posted the official Premier league figures pal.

      • Mark Potter

        Isn’t £39.65m less than £47m?

        Though he should put some punctuation in to make sure his meaning is clear:

        “We spent £47m in total, more than Brighton and Huddersfield.”

        And perhaps say gross, not “in total”. But it’s pretty clear what he means. But rodents don’t understand mathematics.

        Plus the Huddersfield comparison has always been wholly false, they didn’t have a Premiership wage bill to pay for. Even before the new players were bought we were paying something around £80m in wages per year. Huddersfield only around £10m. We don’t make £70m in match day income or shirt sales. That’s why Rafa had to sell/loan players to remove their wages from the budget. Any income from selling some of the deadwood is just a bonus. De Jong, Krul etc probably received more wages than the whole Huddersfield squad.

        Huddersfield and Brighton didn’t have to sell any of their players. And wouldn’t have got much for them anyway.

  • Cousto

    Even though the FCB has said even though the club was for sale, if not sold by xmas he would invest in January to help the team cement their place in the league?

    New low from the anti-ashley brigade.

    • Leazes Ender

      What Brigade….. you mean everyone except you…. thicko.

      • MichaelMaximusMoose

        😅😅

        • Toon

          Do you love him?

          • MichaelMaximusMoose

            I only love my Dog

          • Leazes Ender

            I don’t love anybody I’ve got Aspergers.

          • mr Pedantic

            You would have a hard job, aspergers is no longer a diagnosis, it was replaced with “Autism spectrum disorder”.

          • Leazes Ender

            Nobody told me….. bastards!

  • MichaelMaximusMoose

    The Great Fat One has never put his hand in his pocket, Nufc have from day one spent what they earned.
    the bottom line is Fatso hasnt spent a penny in 10yrs

    • Carl Smith Fife

      I 100% belive tht the club won’t get sold and transfer money saved and tv rights pocketed into the greedy tw.ts pocket and worst of all 55.000 fans thinks it’s getting sold the problem being it’s all us fans getting sold blatant lies everyone wake up another 50yr will pass b4 we will win oot

      • Peaky Magpie

        I’m sorry to say but I think you may be right.

    • Dillon Tovak

      He’s probably spent a penny in a fireplace or two.

    • Wor Lass

      I reckon you`re “the source”.

  • S.G.M.

    Porter dredging the depths of desperation, trying to write something we hadn’t considered, absolute PAP.

    • Leazes Ender

      You don’t want to consider it you mean.

  • Steve Pearce

    You see sad boring deluded and lonely [email protected] like Porter will dive on any shyte to justify their existence. The wall of silence issuing from Newcastle United whilst the buy out is in process will generate more false news and I can’t wait for the announcement that we are free of The Fat Stinking Bag Of Southern Pus forever.

    As for Graham Porter we all know he’s a Makem and he should be sacked or preferably have a cap put in his ass…..

    • Dillon Tovak

      You’ve really got it in for old Mr Porter don’t you? 😂

    • Wor Lass

      And I was thinking you`d had the hard word from the editor and were toning down your posts accordingly!

  • lukegte

    I have no evidence or sources either way, but I see this being an entirely realistic situation. I’ve grown used to Ashley’s scheming, using his buddies in the media to spread shameless lies, solely to save, even make himself a few bob.

  • Dutch

    Ok it’s Thursday. Now according to that very knowledgeable newspaper the DAILY STAR, the Toon’s sale should be completed in the next 48 hours. So exciting LOL.

    • Whitehurst

      Ha ha. Was just getting the celebratory bunting out too!! The Daily Star Are never wrong!!

  • TheFatController

    I doubt Ashley would turn down the money available for the club whilst its viable in the PL.

    Thus to say ‘selling’ is a ruse defies all logic (even Ashley’s!) As a billionaire, do we think his view is ‘I’ll pretend to sell the club but then just pocket the PL money instead, because having £20m in cash whilst risking wiping most of the value of a £250m investment is logical…’ ?

    I bet he can’t wait to gamble pocketing £20m in Jan with the risk another relegation in May and a huge £150m write-off in combined value and costs of funding another promotion attempt at a huge loss.

    • lukegte

      Well, he is a known gambler! Maybe that’s what this whole thing has been about to him, bet after bet after bet

      • TheFatController

        Doubt it, he risks humiliation if scenarios like Rafa walking, another relegation, fan protests, editorial pieces the world over pillorying him

        That is no good to his ego or his business, and I doubt anyone on the planet likes a double whammy of a hit against their ego, bank balance/business interests.

        So it’s not quite like gambling on staying up by spending the bare minimum, the losses far outweigh any gain this time…

        • Paul Patterson

          Since when has he been bothered about his reputation?

        • lukegte

          He’s made it clear he doesn’t value his reputation. He doesn’t get humiliated. He doesn’t give a toss about Rafa, protests or news stories. But he does love gambling. And can obviously afford such high stakes when he doesn’t spend owt and gets all his free SD advertising.

          He MIGHT care about an empty stadium, but most people are too weak to stop going so we’ll never know.

        • FatParosite

          Ashkey knows he lost the PR war with Benitez. This RUSE & it is a ruse is the only way he could save face.

  • Dont belive a word.

    Yet more spin, or an uninformed chancer adding 2 plus 2 and getting 15 (just like Ryder lol), I will not believe the club is actually up for sale till it is announced that it has been sold, and the new owners are pictured holding the shirt.
    Until that glorious day all I will do is back the team and enjoy them giving their all. HTL.

    • Down Under Mag

      Well they’ve said the takeover is due soon, they’ve said the takeover has stalled now they are saying the takeover isn’t ever going to happen…they are just making sure that whatever the outcome they can claim they “got it right” lol

    • FatParosite

      Back the team = Paying the Maggot to pull the wool over your eyes. Time for an extremely strong coffee or 100cc of adrenaline more like

  • Leicester Mag

    One thing is if he doesn’t sell and doesn’t invest Rafa will walk and we’ll very likely go down. Anyone who “supports the team not the regime” thereafter is the full sandwich short of picnic.

    • Damon Horner

      Agreed, optimism is there on the back of Rafa’s presence in the club and what looks like his patience with the club takeover, anybody who can draw positives from the above collapsing is either trolling or not quite together.

    • StevieB

      I keep saying , it’s clear now that the only reason Rafa stayed after August 31st and done so with a smile on his face was because he knew Amanda Staveley was just round the corner and he wanted to stick around for that. If the takeover falls flat and Ashley keeps going the way he’s going (which he undoubtedly will) then Benitez will be gone.
      The miracles will run out on match days as we are starting to see in the last few games. Torres wages will be a total no go in January on the Ashley budget as well if that’s even true anyway.

  • Toon fan

    Let’s just wait and see man. 11 weeks until the transfer window shuts. If nufc is to be sold I would have thought it would be by then.
    If nufc is not sold, or going to be sold soon, Rafa might not save the club from oblivion and walk if left with Fatty as the purse holder. We could be joining the Mackems in the cesspit of League 1 football soon enough.

    • Down Under Mag

      Assuming they don’t get relegated to league 2 of course

  • Damon Horner

    Any lack of spending in January would be naïve or deliberate and even his biggest supporters could see that. It could be a very expensive mistake.

    Any takeover isn’t an excuse either because surely they’d rather see an operational entity rather than a cash rich one.

  • anyobrien

    Would not surprise me hence why I’m not building my hopes up the man’s a maggot and will love nothing more than stitch us and rafa up.

  • StevieB

    We would run relegation very close with no investment in January(Staveley or not) , our “decent start” has been blown away with 3 defeats on the bounce and both teams that come up with us are above us . Investment is a must

    • Down Under Mag

      Yeah, we are two games off a European spot and 2 games off a relegation spot…it’s all very finely balanced. However, I think we would be safe given I believe there are three worse teams than us in that league. Can you really see Swansea, Palace or West Ham putting enough wins together to stay up? Stranger things have happened yes, but perhaps Ashley is in the mood for one of his famous “all in” bets using the clubs premiership status as collateral?

  • Blackburn1066

    No spend in January and we will go down. Dont need a mass of players coming in just someone who can get on the end of things and put the ball in the net.

    • Paul Smith

      We will probably only spend in Janaury if we are 15th or lower in the table… We only ever spend in January if relegation is looking nearly certain. Otherwise the club being up for sale gives Mike Ashley a nice exuse not to.

  • Shipcote Willy

    It may be a dodgy exclusive but it would not surprise if there was an element of truth in it. Ashley wants £100m more than the buyers have valued the club at and I can’t see him dropping his price. The bottom line is that whoever owns the club has to invest in January or we will go down.

    • Martin Rooney

      Did the ‘buyers’ put an ad in the chronic saying how much they valued it at?

    • HarryHype59

      It with be worth half of the reputed £300m if another relegation happens!

    • NoelBlack

      You’re assuming that the whole thing wasn’t a scam and that he actually intended to sell the club. No doubt if someone offered him outrageously ‘silly money’ he’d take it, but he won’t be expecting that, and he’ll bat all the offers away because he doesn’t really want to sell. He’s told us there will be no more money, and that’s what this is about. So, come January, he gets to shrug his shoulders and say there was nothing more he could do – he tried to sell to a high-stakes investor but no one would make him a proper offer (which no one can contradict because of the nondisclosure agreements). I hope I’m wrong, but I suspect not.

      • Geordie-7676

        There really is a lot of confusion floating around about the purpose of an NDA.

        The NDA entered in to will not prevent anyone announcing what their offer was, if any are received. What the NDA does is prevent the third party disclosing NUFC facts and figures – nothing more, nothing less.

  • Mark

    Nothing would surprise me with that [email protected]@t.

  • Andy Mac

    Bottom line is there’s money coming in before January from the PL. Plus one or both of Gayle and Mitrovic are leaving so money for transfers will be there unless Fatman wants to relive the old days of the Gallowgate ?

  • Martin Rooney

    Stavrly us not interested in buying the toon she was just having Sunday lunch her mum and dad when her Liverpool supporting husband noted they were playing close by. Get o’er yasels man.

  • HarryHype59

    This story may have an element of truth! Ashley has always treat NUFC like a SD cost centre! Problem is, without a significant spend on at least one quality striker this club will be relegated again!

  • Andynufc

    So the media have went from a fee being agreed for the club this week to MA not wanting to sell at all. The media know nothing and are desperate for bs to print.

    • Paul Smith

      They do know nothing but the facts are that Mike Ashley has put NUFC up for sale multiple times in the past and then not only failed to sell it but also taken the club off the market all together…

      And we both know that he will find any excuse he can not to spend any money in January and that would be the case wether the club was up for sale or not. The club being up for sale is just the sort of excuse he needs. The only time we ever spend in January is when the club is looking in serious danger of relegation…

  • NoelBlack

    PLENTY of us have written about Ashley not being serious about selling the club – and that’s what this chancer’s based his story on (wtf would anyone at the club speak to him? wtf is he!?)

  • FatParosite

    The journalist in question might not be credible. Unfortunately the story is, and I predicted as much the day after Stavley was spotted in NE1.