A busy morning in terms of Newcastle takeover reports which kicked off with an ‘exclusive’ from The Times.

It claimed that Amanda Staveley had made a £250m offer to buy Newcastle but that a deadline was attached which meant Mike Ashley had until a week before Christmas to accept.

The urgency said to be needed so that a deal could be completed and approved by the authorities, to allow enough time for the new owner(s) to be able to help Rafa Benitez strengthen the squad in the transfer window (runs from 1 January to 31 January – Inclusive).

As often happens, one newspaper running a new ‘update’ on the Newcastle takeover then leads to the others giving their own updates. Which usually consists of either rubbishing their rival’s exclusive and/or giving a slightly/totally different opinion on what is allegedly happening.

The Times story came from their London head office but encouragingly, their local man George Caulkin, who is usually one of the most reliable sources, says that whilst Mike Ashley has no interest in accepting £250m, he does though want to keep negotiations going, as does the Amanda Staveley led bidders.

George Caulkin also states that from an agreement being reached it should take around a month for the deal to be completed, which does fit in at least with the original Times story of mid-December as at least a target for agreement, if the January transfer window is to stand a chance of being a positive one for Rafa Benitez and the Newcastle fans.

One of the other newspapers to follow-up on this morning’s Newcastle takeover talk coming back to the surface is The Mail, with their man Craig Hope giving his own take on what the position is. Whilst The Mail might not have the greatest reputation in football generally…their man in the north east (Craig Hope) has broken a number of exclusives that have happened at St James Park in recent times and like George Caulkin, appears to have decent sources when something is stirring.

His piece this morning for The Mail agrees with George Caulkin that there is no chance of Mike Ashley accepting the £250m offer and he adds that this offer was actually made two weeks ago.

The good news though is that Hope understands that both parties are still keen to get a deal done, whatever time it takes it do it.

However, Ashley is only wanting to sell for at least £300m.

With there understood to be no other active bidders for Newcastle United, it does look to be the only show in town.

Whilst you do have to pay your money and take your chance on what you believe, the positive undercurrent this morning to all the reporting has been that both sides are still looking to get the Newcastle takeover done.

Putting the club up for sale two months into the season was described as ‘opportunist’ on the part of Mike Ashley by former Liverpool MD Christian Purslow, when commenting last night on the possibility of a deal being struck before Christmas. His belief being that Ashley saw a possibility of a quick sale on the back of the encouraging early season results, achieved despite the lack of squad investment in the summer.

Purslow then adding that this approach had backfired on Mike Ashley, with then a run of negative results making the club almost impossible to sell during the season, as nobody would pay top dollar when not knowing for sure whether they would have a Premier League or Championship club come May.

The club just feels as if it is adrift at the moment with the takeover awaited, Rafa Benitez has done a very good job in holding things together so far, but that can’t go on much longer with a few key injuries (especially Lascelles and Merino) having helped expose how desperately short of quality the Newcastle squad is.

If the takeover happens then it would surely give everybody a massive lift, with Rafa Benitez, his players, and the fans, all knowing that at last what is happening this season can be the first step towards something far far better in the longer-term.

  • Rich Lawson

    Surely even the fat fool can see that every place we fall in the league devalues the worth of the club ? Take a compromise figure with a side deal on SD advertising / merchandising rights ?

  • TheNutJob

    Looks like it`s Rafaball again next month then Lads

  • Paul Patterson

    This aint going to happen is it?

  • Monkseaton Magpies

    Do not rely on the Times or the Guardian not our best friends in Journalism.
    There will be very few people no the truth due to the agreements signed. Three hundred and twenty million should seal the deal two fifty will not.

    • Danimal

      Very few people know the truth. Then in the next sentence you claim to know. By the way, would 320 represent a profit for him or just break even?

      • Monkseaton Magpies

        When you consider the Halls and Shepherd’s put in a million and got out one hundred and thirty five million and Ashley has put in nearly three hundred million it’s a no brainer that Ashley has not come out of it very well. He has also saved us a hundred million pounds in in interest free loans with the rates Barclays charge so well done Mike for keeping the costs down.

        • Danimal

          I just asked you a straight question. Has he put in 320m? I really don’t know. Honestly I don’t, I am not trying to prove a point. But I remember you said (with your mysterious inside information) that he only wants to break even. Unlike those nasty owners before him, who took us from the brink of division 3 and playing in a shed to the brink of the title and playing in one of the finest stadiums in the land. As for ‘well done Mike’… well you really are something else. Incredible.

        • TheFatController

          Well, you said in an earlier post he’s smarter than Staveley (PL to her conference, was your metaphor) and an astute billionaire – yet now you’re telling us he put in £300m and yet hasn’t had one bid anywhere near matching that?

          So which is it? Is he a genius billionaire or an idiot who put £300m in and got us relegated twice and now can’t sell it for more £250m?

          Either he’s an idiot or you are? Or are you both idiots? Or is Monkseaton magpie really Mike Ashley writing on here?

      • Stephen Paylor

        Huge profit. He spent maybe 260m and had free ads for sports direct and has seen a massive chunk of the merchandising money go to sports direct too.

    • HarryHype59

      The club has very little equity in the squad due under funding and bad buying! Relegation is on the cards again and there are no other buyers! If your heroes gamble fails again the club will barely be worth £100m in the Championship!

      Stavely knows this and will happily watch the fat lad sweat as the team hurtles towards the second tier!

      • Monkseaton Magpies

        If Rafa plays the best team be mid table if not might go down up to him. Amanda should pay the money or stop wasting his time.

        • Danimal

          We have the weakest squad in the division. Please let me know who has a weaker squad than us?

          • Monkseaton Magpies

            With Elliott, Shelvey, Haydyn ,Dummett, Mitro , Arrons and Lascelles not making the team at Chelsea it’s at least as good as half the Premier League.

        • TheFatController

          Ashley’s wasted 10 years of my time so I’m all for Staveley wasting his, if I’m honest…

        • HarryHype59

          She is a shrewd negotiator who knows the Fat Ones position is weakening daily! If the penny pinching miser had backed Rafa in the summer with a £30m striker his position and price would be far more favourable!

          He could be doing a “Randy Lerner” next summer!

  • Wor Lass

    I`ve always thought £320 mill might be the right sum for this deal. Interestingly, that`s slap bang in the middle of the £250 mill offer and Fatty`s £400 mill demand leaked last week. I have to get a prediction right one of these days!

    • Toonrobbybobson

      Too high. Had things remained rosey performance wise maybe but that backfired. My feeling is just under £300m or breakeven with performance clauses.

      • Wor Lass

        That seems to be what`s being touted now. Fatty is in a really weak position and his fake news stories of other offers have evaporated.

  • wheyayeman

    2 options for Mike. no1 listen to reason and sell for 250-270million, drink 10 pints and throw up into a fire – you made your money back, spent basically 7 million across a decade on NUFC had fun taking the p##s out of fans and legends of the club past and present and got yourself free worldwide advertising for your company. Or 2. Hang on in there while the consortium offering to take the club forward find a new club, your club gets relegated again, your champions league winning manager leaves and your football club is now worth next to nowt. 13 days Mike ! Make it count.

  • nufcslf

    Can’t wait to see the reaction of even the biggest Cashley fans if he does like he has for 10 years now and he sh*ts on them yet again by going head on into another relegation. Pleased to see he seems to have met his match in Amanda Stavely. If nothing else, at least he will look like the piece of sh*t he really is to the whole world if he stays. Rsole………

    • Monkseaton Magpies

      If she was any type of business person like Ashley she would have paid the going price her only major business she had in this country went bust big style so hardly a match she relies on her families mates to put money in and do the deals Ashley is far more intelligent and a self made billionaire.
      In terms of business Ashley Premier league Amanda Conference.

      • Danimal

        Do you send him a Valentine’s card every year?

      • TheFatController

        Will you stop mentioning a ‘going price’, there is no ‘going price’ for a football club – the price is what someone will pay for it – which currently means that if a Staveley pulls her bid the going price is a lot less than £300m or even £250m

        Just because Ashley wants £400m doesn’t make it the ‘going price’ – if the club could return on a £400m investment he’d not be selling it, would he, given its only cost him £260m?

        If Ashley doesn’t now want it for the £260m he paid for it, why would Staveley want it for £400m? She might speculate to accumulate, but that might not even guarantee getting into Europe anytime soon.

        If it’s worth £400m or even close, why did we only spend £11m net on assets in the summer?

        • HarryHype59

          Well said, don’t think Monky “gets” the laws of supply and demand!

          I could ask £1m for my house but no ones going to give me that ever!

          • Monkseaton Magpies

            Clubs are valued on Assets and liabilities, profitability and goodwill.
            Most football experts have said it’s worth £300m alone without further goodwill.

          • Grumpy

            where is it?

        • Monkseaton Magpies

          First of clubs are valued on three things one assets minus liabilities,
          two current profitability and three goodwill which include the expected
          potential extra T.V.income. Anyone with half a brain yes even George from the Times knows the club is worth £300m upwards so Amanda should just pay it upfront and get on with it.

          • hetonmag

            What about the goodwill of the poor workers at Shirebrook and beyond who are on the minimum wage, and still not received a living wage or any back money promised by the lying toe rag to the select committee.

          • Monkseaton Magpies

            He pays among the best bonuses in shares to anyone over twenty one hours a week think even the cleaner got £60k.

          • HarryHype59

            That squad is one of the lowest valued in the EPL! There is very little player equity! Without the TV income the club is “worthless” to quote your fellow apologist, Blobbi Fleckman!

            Randy Lerner selling Villa for £60m 2016 shows this!

      • HarryHype59

        Brown noser!

      • Kev Newcastle England


  • TheFatController

    The deadline for staveley to control Jan transfers is next week because after next week there’s no point in doing any deal til Ashley sorts out the squad strength.

    All Ashley has as leverage on price now is ‘if you want to have Jan window to spend in, pay me £300m+…’

    So if there is no deal done next week, Ashley has lost all leverage on price, unless he guarantees PL status somehow and waits til April.

    Thus he’s got very little leverage really, he’s wholly reliant on Staveley wanting the club badly. He has no idea on her desperation or otherwise, but I suspect she’s experienced enough to know how weak Ashley’s position is with no other bidders coming to him.

    Advantage Staveley, massively.

  • magpiefifer

    I’ll believe it when I see his fat ass disappear into his chopper!!!!!!!!

    • Wor Lass

      It would be quite a feat if he could do that the other way round!

      • magpiefifer

        Wish he could – then he might go away and be content without taking the p— out of NUFC !!!!!

  • Dennis Tate

    OK we’ve heard the so called offers and wants from Amanda and Ashley.
    If the offer is £250 million regarding our present team position, then offer Ashley an additional extra £???? if we are not relagated.
    Just get the deal done Amanda because you will have the happiest supporters in the land and we will have the best and most handsome owner in football history.
    Go on make it a happy Christmas for NUFC.