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Opinion

Newcastle United squad worth over £200m supports Mike Ashley club valuation

1 year ago
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I had my first ever article published yesterday on The Mag, it was about Mike Ashley and his valuation of Newcastle United (see below).

It prompted a lot of debate, with 125 comments the last time I looked, mostly constructive, even if disagreeing.

I would like to follow-up with something which is linked to what I wrote on Monday.

So just how much is this Newcastle United squad worth?

I have a feeling that this might surprise some readers and add to the argument of why Mike Ashley wants big money. Can I firstly make it clear that this is just personal opinion and not meant to be inflammatory.

I am going to resist the temptation of putting a price on individuals, that wouldn’t be right, but I’ve already come to the conclusion that our playing assets are worth over £200m.

We have a defence, including keepers, worth more than £100m, The centre-backs are worth at least £50m. Even the goalies have value and potential.

Then look at the midfield, could you argue with a value of £50m, on a good day a certain lynchpin could bring that himself.

Then there are the misfiring strikers but even they are worth more than £50m, that includes our no.10.

These figures are more than just my opinion, bids (and reported valuations) actually back this up.

Yes, in my opinion our assets on the pitch are worth over £200m.

Let’s hope Mike Ashley doesn’t get impatient and asset strip. I honestly  think we are safe from this but it does go somewhere towards my overall valuation (of at least £400m) for this great club.

Steve Hickey writing on The Mag – Monday 11 June 2018:

Now I am not a Mike Ashley fan.

He is, as we all know, a businessman. This in itself means that there is a good chance that passion is put to one side in pursuit of finance.

Add to that the perception that he doesn’t care for the fanbase and enjoys winding us up. Shay Given pointed to the hiring of Joe Kinnear.

Then there is the treatment of Rafa etc.

I do agree with Mike Ashley on one thing mind, the price of Newcastle United.

The increased value of our squad, coupled with the £125m or so prize money, makes the £400m asking price look not so bad after all.

Given that most thought it was worth £250m to £300m last season, I don’t think our friend Mike, is far off the mark.

Certainly the top six are all billion pound concerns, so we are worth at least his asking price. We certainly don’t get the hype of the top six and the press have something to answer for.

Surely we are hot property? Just look at our ground, gates and fanbase. Sky coverage last season suggested that Newcastle United were a top six club.

So maybe the fans should stop taking a pop at Ashley over the price and start asking why the media keep putting the club down. We’ve been labelled demanding, unmanageable and a poison chalice.

Why, for simply wanting a club that cares and players who try?

Ask yourself why lesser clubs are seen as more attractive, why are Everton worth almost double.

I put it to you that the press are doing the Newcastle fans no favours at all.

What could possibly go wrong in a Mike Ashley free zone, with full houses every week.
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