Like all other Newcastle fans, Les Ferdinand finds it ‘extremely frustrating’ the situation the club is in.

He says he can ‘guarantee’ that there are people out there who want to buy Newcastle United, the only problem being that they aren’t prepared to give Mike Ashley the amount that would persuade him to sell.

That is of course, if there is a price he would be willing to sell at…

The fear remains that Newcastle United is possibly just far too valuable to Mike Ashley, especially the role it plays in supporting his retail empire and overall finances, for him to ever be willing to sell – unless something dramatic/disastrous happens.

Les Ferdinand sums up all our hopes: ‘Each day you wake up hoping that a new owner for the club is possible.’

However, he also puts into words our fears as well: ‘He (Rafa Benitez) is going to be a viable option for other people, especially being in his last year (of a contract). I understand the frustrations of everybody surrounding the football club because you don’t want to lose Rafa Benitez.’

The one thing I can’t really agree with, is when the former Newcastle striker claims: ‘He (Mike Ashley) wants to sell the club and while he wants to sell, he doesn’t want to pump any more money into it.’

Firstly, I’m not convinced that Ashley does want to sell, but more than that, this summer and indeed the previous two transfer windows, hasn’t been about the owner having to ‘pump’ money into the club, it is simply that he should be using the funds generated by NUFC to back/support the manager in taking the club forward.

Making a £20m+ profit this summer on transfers, when almost every single other club had a net spend at least £50m greater than Newcastle’s, sums up the position perfectly.

Is every other club owner wrong and Mike Ashley right?

Les Ferdinand talking to Newcastle Legends:

“There has been a situation for a long time at Newcastle United and it has got to the situation where it is untenable.

“He (Mike Ashley) wants to sell the club and while he wants to sell, he doesn’t want to pump any more money into it.

“When you say there’s nobody out there maybe there’s nobody out there that wants to pay the money he wants to sell it for.

“I guarantee you there are people that want to buy the club (Newcastle United)…but don’t value it at the same price as Mike Ashley. From a supporter’s point of view, it is extremely frustrating.

“You want (the club) to be competitive and you have one of the best managers (Rafa Benitez) in this league, who is able to get the best out of the players he’s got. You need to give him the tools he needs to be successful.

“If he is not getting that he’s going to become frustrated, if he’s not frustrated already, and he’s going to be a viable option for other people, especially being in his last year.

“I understand the frustrations of everybody surrounding the football club because you don’t want to lose Rafa Benitez, he is somebody you want to build a club with.

“Each day you wake up hoping that a new owner for the club is possible.

“I know there’s a group that have got together to get the owner out, (but) the owner will only go when he’s got the finances he wants for it.”



  • Paul Patterson

    People wanting to buy is one thing, people wanting to sell is another ..

    • Ron

      And people who lie about selling is something else!

  • GlasgowMag

    He doesn’t want to sell this is a complete fabrication!! More of the same minimum spend, free advertising, more assets going out the back door hidden by shady accountancy practices!! Only way this guy is leaving is by force his brand is the key, keep on targeting this aspect and hopefully this leech will finally leave and focus on another victim. Ashley out!!

    • Tweed Mag

      I think you are right – his accountancy methods don’t seem to have auditors queuing up to go though his books. No one wants to be linked with ‘Toxic Ashley’.

  • Whatever it takes to get him to sell, but I fear he doesn’t want to as he’s making a good 50-100m from the club each year. As long as we survive in the Premier and spend virtually nothing on transfers he will always bank that.
    I still have hopes that Mike has learned that the EPL is far too competitive as is the Championship and will not tolerate his model of business any more, but I fear Mr. Ashley never learns from his mistakes.

  • geordiejay1983

    Like me lez unfortunatly i aint got 2 bob 2 rub together

  • Jonas

    There was a time when he made it official that the club was not up for sale.
    do you remember the reasonable re-investment through those years? Because i don’t.