Is this the solution, or is this just fantasy?

It seems fairly likely that there are individuals and organisations throughout the world that have an eye on NUFC with a view to purchasing the club. The group represented by Amanda Staveley last year is one recent example.  As we all know, the Staveley ‘bid’ never came to anything, and neither did the interest of other groups who were allegedly waiting in the wings at that time.

Assuming that the club was genuinely on the market, it seems likely that the stumbling block was simply the price Mike Ashley expected, compared to the offer that the Staveley group were prepared to make. The Staveley group would doubtless have sought external advice as to the value of the club, as well as forming their own opinion.  What seems certain is that MA would expect a financial premium to be paid on the top of any reasonable commercial valuation. There are a number of reasons for this premium, particularly the benefit to the Sports Direct brand.

The Mike Ashley Premium

It is this premium that is likely to be the deal-breaker.  If a buyer is expected to pay say £50m too much for the club, they are unlikely to ever recoup their investment in the short to medium term.  In those circumstances, they would not proceed with a purchase.  A White Knight oligarch with unlimited funds, who is buying the club as a ‘hobby’, would be less concerned about the premium, but there does not appear to be one of these on the horizon at present.

The solution to this problem would seem to be for an entirely separate body to raise the premium of £50m, and for that entity to form an alliance with any potential buyer.  That entity would not care whether it was a wise investment or not, and would not expect an annual financial dividend.  They would make their investment because of their love for their club and their desire to remove Mike Ashley as soon as possible.  I am of course talking about the fans.

But how would the fans raise £50m? One way to do it is set out briefly below.  There are a number of local individuals behind the development of this draft scheme.

Synopsis of the NUFAN Scheme

                    The fans have a target of raising £50m.  To do this, 50,000 fans would each purchase a £1,000 share in a business entity, to which we will give a working name of NUFAN.  There are about 40,000 season ticket holders at NUFC.  NUFC has 1.26 million followers on Twitter and 2.1 million Likes on Facebook.  There are over 500,000 employed adults living in the immediate ‘Fan Catchment Area’.    There are 10s of thousands of NUFC fans throughout the world.

                    Fans raise the money to buy their £1,000 share by taking out a very long-term, low interest loan of 15, or 20 years duration.  We arrange a choice of lenders who will provide this facility for the fans.  With a loan spread over such a long period, the monthly cost will be low, in the order of £7-8 per month.  As an alternative, if this loan was added to a new, or existing mortgage, the loan could cost fans as little as £5 per month.

                    Although this will technically and legally be a loan agreement subject to FCA Regulation, it will have more of a feel of a monthly membership fee for an exclusive club.  Ideally, the loan agreement would be a simple one-page document with near automatic acceptance for employed applicants.  It would have a built-in life policy to pay-off the loan in the event of the early death of the member.

                    If deemed necessary, we also implement a scheme whereby the annual cost-burden of the fans’ share-purchase loan, is completely offset each year by genuine Cash-Back deals.  Chosen Retailers would offer this Cash-Back exclusively to NUFAN shareholders.  Cash-Back deals worth say £80-90 per year to the fan, would completely offset their annual expenditure on their NUFAN share loan.

                    By Retailers we mean those organisations from which fans already buy expensive ‘essential’ items for which they pay every month, often by Standing Order, or Direct Debit.  This includes: rent, mortgage, insurance, Credit Cards, Pay TV, broadband, electricity, gas, mobile phones, petrol, car HP, other loans, food, and perhaps even Council Tax.   We negotiate the Cash-Back deals with those Retailers on the fans’ behalf.

                    The fans’ annual Cash-Back saving could come from Tesco, or Virgin, or Sky, or Newcastle Building Society or one of dozens of other Retailers.  The Retailers will offer fans Cash-Back deals in return for fans’ loyalty to their product for an agreed period of time. The incentive for the Retailers to offer Cash-Back to NUFAN shareholders is that they have the opportunity to gain 50,000 captive customers.

                    In this way, although the risk and responsibility of the £1,000 loan remains with the individual fan, the actual annual cost of the loan, and hence the cost of raising £50m, is borne by a number of multibillion-pound turnover Retailers through Cash-Back.

                    The structure of NUFAN might be a charity, or a Community Interest Company, or a co-operative, or a hybrid of several structures.  It might have the ability to pay dividends on the shares, but this might not be necessary if the benefits of share-ownership can be seen on the pitch, or by some other ‘benefit’.

                    If NUFAN could be a charity, it could qualify for the government Gift Aid Scheme.  This could mean that for every £1,000 ‘donated’ by an employed fan, NUFAN could claim a further £250 from the government.  If it did qualify for Gift Aid, we would need less fans to join the scheme.

                    If the fans could raise £50m, and a sale did proceed, NUFAN would expect a seat(s) on the board of the new NUFC , along with significant voting rights.

We have considerable documentation expanding upon every aspect of the brief synopsis above.

When?

The question arises, if we were going to do this, when should we do it?  Even if enough fans were interested, it would take many months for any scheme to be developed, and for the fans to have their £50m in the bank.  If we leave it until there are press reports of another buyer in the offing, it will probably be too late to assist that buyer.  Bear in mind if we do nothing, we may still be where we are today 5 or 10 years from now; perpetually suffering low-table or relegation misery.  It needs to be done now.

If we do it now, it may attract a suitable buyer out of the woodwork.  We could even have the luxury of being in a position to veto an unsuitable buyer!  If that buyer doesn’t materialise immediately, the £50m could be put to good use for many years to come.  We could:

  • Simply invest it, so that we have £60m or £80m available in years to come, to take a significant stake in any future purchase; or
  • If possible, we pay fans an annual dividend to offset the cost of their loan; or
  • Support local charities or youth football; or even
  • With suitable terms and conditions, offer low-cost or even no-cost loans to the club to buy players of our (Rafa’s) choice, and on our terms.

What could the next steps be?

  • Through The Mag, other fanzines, the press, and social media, we launch the draft scheme to the fans, and the wider public. We need to be on the local, the national and the world-wide stage.  We then gauge reaction and assess the feedback from the fans.
  • We raise a Fighting Fund of £150,000 by asking 75,000 fans world-wide to contribute £2 each via the NUFAN website, (To be constructed) via their mobile phone, or via a crowd funding site such as Kickstarter or GoFundMe
  • With the Fighting Fund raised, we then fund the website, and form the Launch Panel. We need to engage and pay experts in:  legal and financial services, retail, media and PR, the formation of charities and co-operatives etc.  Fans would be on the Launch Panel too.
  • The Launch Panel will work on the detail of the draft scheme. They will consult with fans, The Newcastle United Supporters Trust, fanzines such as The Mag, the Retailers, the Lenders and of course any potential buyer.  They will amend and develop the scheme, with the remit to produce and present a final workable scheme to the fans.
  • Whenever necessary, the fans will be directly consulted via voting buttons on the website. Clearly a question for the fans at an early stage will need to be: ‘In principle, would you buy a £1,000 share as part of this scheme?’
  • A final scheme is presented to the fans and the wider stage, and we move forward from that point.

Feedback

Phase One would be raising the £150,000 for the fighting fund, with fans contributing £2 each.  Phase Two would be launching the final scheme. I am presenting the whole scheme to The Mag readers as a starting point to gauge interest.  I invite your thoughts and input on Phase One and Phase Two.  Should we proceed with Phase One?

To feature like Rex Winter submit your article to [email protected] and/or for more info go here



  • Paul Patterson

    “Assuming that the club was genuinely on the market..” It isn’t. Although an extraordinary figure would make him sell.
    On the subject of fan ownership even in part,- many can’t agree on the team sheet, never mind how the club should be run.
    A non starter..

    • Carverlier football

      The club might not be genuinely on the market now, but who’s to say if we keep persuing other avenues to encourage Ashley to be a motivated seller it won’t be in 1, 2, 5 years time? The possibility of fan stakeholders is worth at least investigating. It may or may not turn out to be feasible, but for the sake of a measly £2 I’m willing to stick something in to at least investigate it. Heck, I’ll put a tenner in.

      • Kenny

        Never been on the market.

        • Carverlier football

          That sounds like you’re giving up. So all the protesting and disrupting SD and talk of boycotting is a waste of time then? I thought the whole point of all of that was to encourage him to genuinely put it on the market? If not we might as well just pack it all in and let the club die.

          • Kenny

            I never give up but he’s been saying it’s for sale for years then ups the price, he’s a prevalent liar

          • Carverlier football

            My point is: what do we want? Ashley gone. What has to take place for that to happen? Him putting the club on the market and selling it. The club genuinely being on the market is part of what everyone is trying to achieve so there’s nothing wrong with planning ahead for that day when it finally comes. Otherwise it’s like saying to Farage or Rhys-Mogg 5 years ago “you’re trying to make Brexit happen, shouldn’t you make a plan for when it does?” and them saying “no point, might never happen” – I mean, how daft would that have made them? Oh…

    • Gallowgate Dave

      Paul I don’t know if you’ve got kids but I’d rather tell mine I tried something to give them back their birthright instead of immediately just giving up. Raising the funds gives us a voice and some financial clout and even if Ashley doesn’t sell immediately it puts us in a position to compete if/when he does. It’s totally affordable so anyone who loves NUFC needs to commit to this. Doing nothing guarantees failure.

      • Cockneytrev

        I don’t think the funds would make us able to purchase the club,,, butbthey could be put to use with a PR company, have them dredge up everything they can about him, he uses a PR company to belittle us, do exactly the same ,, fight fire with fire,,,
        Take out full page spreads in newspapers stating how he has run our club, let the footballing world know what we know, let’s give sky some bad publicity,, talksport , BT,, he seem s to have them in his pocket,, let people know how many of these pundits have, either worked for him or been part of his social gatherings,, make being associated with him toxic,, that’s what I would use the money for,,,

  • Cockneytrev

    Rex,,,,
    I love your optimism,, but even if we raised £500 million Ashley has no intention of selling, he makes to much money from the club, £120+million has just vanished this summer,, that on top of all the free publicity,,
    He has never wanted to sell, he says what the fans want to hear,,,
    I’ve bought and sold many properties and businesses,,,, the longest I’ve ever had one for sale was 18 months, I dropped the price and it went,,
    He’s had the club for sale for 10 years!!!!!!!! That tells its own story,,
    I’m afraid we won’t be rid of him until he dies,,,

    • Kenny

      👍🏻.

    • Gallowgate Dave

      You’re almost certainly right Trev but let’s do our bit at least, we can’t control Ashley but we can put ourselves in a position to give him something to think about. Also with sustained protests, relegation or some other change it’s not to say he’ll never sell. Personally I’ve never thought he was a serious seller but always thought he’d sell if he received a silly offer. Things change though, let’s just give ourselves a voice with a bit of financial clout behind us.

      • Cockneytrev

        Make life as unpleasant as we can for him,,

  • Kenny

    Am i P1$$ed, or is the author

    • Fenwick

      You normally are aren’t you!

      • Ashley-out

        he has the right idea

  • Ba ba.

    Great idea rex and a one I hope fans think about. I would certainly consider it.
    Ps you were my boss back in 87 at fourth Street. 👍

  • mactoon

    Well I’ve been talking about this for months.

    In my opinion the ONLY way he will leave the club is for someone to match his asking price but he simply hasn’t got a buyer (If truth be told he hasn’t actually stated publicly what that price is, it’s simply Sky reporting that “It is understood he wants £380-£400 million”)

    If a credible buyer is identified and they meet his valuation then fine but if it falls short it is the ideal situation for the fans to contribute to the club’s future. Imagine a ‘crowd funding’ effort organised by the fans groups in collaboration with the bidder to offer fans a stake in the club in the form of shares for say £500 each. 100,000 would raise £50 million and go a long way to bridging the gap between any bid and Ashley’s asking price. There are a lot of celebrities in the North East like Shearer, Ant and Dec, Jimmy Nail, Sting and so on who could donate more which would also raise the profile of the effort. Now that would make a statement.

    It just takes this organised Magpie Group to do something about it

    • Damon Horner

      I wonder how many would be up for it? I would be although contribution would not be much.

      • mactoon

        I would be up for it £500 of my money in exchange for shares in the club and a say in what direction we go in.. win win

      • mactoon

        It just needs the magpie group to organise it and run an ‘expression of interest’ where fans respond saying they would be interested in pledging and how much with £500 as the suggested default amount (but not necessarily a minimum)

        That would give them enough information to approach Staveley (as an example) to see if they would be interested in taking on the idea.

        Imagine if all the season ticket holders signed up and the ground was empty for one season as a result. That would send a message!

      • mactoon

        It just needs the magpie group to organise it and send out an expression of interest to the fans and ask them if they would be interested with £500 as the default amount to be invested (but not necessarily the minimum or maximum amount) This would give them enough information to approach Staveley (for example) to see if they would be interested in taking the idea forward.

        Imagine if all the season ticket holders didn’t buy their tickets for one season in order to participate in the pledge, the empty stadium would make a point!

  • Leicester Mag

    Sadly fans ducked the chance to own the club under Sir John Hall. Fell flat on its rse. Sadly a non starter I fear

    • Gallowgate Dave

      All you can control is you said yes and did your bit. Sod the doom merchants. I’m in.

  • GToon

    I think the only will he will sell is if he sees the club start to cost him too much. For example if we were relegated and didn’t come straight back up.

    • Damon Horner

      Even then I think he is setting us up financially to sustain it.

  • Nigel Barton

    The proof is in the pudding, as they say. Launch Phase 1 and see how it goes. I will bang a tenner in straight away meaning 4 doom merchants won’t have to part with their 2 quid. Got to be better than doing nowt

    • Mark Davies

      Id be in too mate. Its got to start somewhere

  • Damon Horner

    Implausible for the fans to buy outright but a collaboration to subsidise a takeover can be done as long as the club is actually open for offers.

    • Carverlier football

      Well that’s what we’re trying to achieve with the protests and disruption, make it open to offers…

      • Damon Horner

        Absolutely. I know why we’re protesting. The fact you said “trying” validates my “if”. At the end of the day the club is for sale on the day so of one man and we can’t control him. Not sure what I said wrong?

        • Carverlier football

          You didn’t say anything wrong, I was reinforcing that your last sentence is what we’re trying to do, and so agreeing with your first point – apologies for any misunderstanding

          • Damon Horner

            No worries, apologies if I didn’t understand.

  • toonterrier

    If fatty finds out you’re collecting money to help buy the club the money grabbing git will just put the price up so save your money till he’s dead or gone.

    • Carverlier football

      Then all the protesting and disruption and potential boycotts will have failed because thst would mean he’s still not a motivated seller

    • Superdooperhooper

      My thoughts exactly . He’ll put the asking price up to 450m because he has no intention of selling now. A boycott of live TV games is the only answer because it will infuriate sky bt SD shareholders and pitchside advertisers

      • Martin Rooney

        But you’d have fifty million to start a new club

  • Leazes.

    Ashley has no intention of selling…..

    ……any new owner wouldn’t be phased by £50m difference in valuation……its only one third of the Sky income!

    Besides that why should the club and fans repay a new owners purchase? If somebody buys the club why should the club pay him back that’s nuts?

    The supposed sale was a big fat lie, its never been for sale…..Keith Bishop pulled a stunt of supposed ‘Due Diligence’ with Miles Starforth of the Shields Gazette and Douglas of the Chronicle and they went with it….the fools!

    Duped!

    If Ashley had any intention of selling he’d remove the permanent signage around the roof line of the stadium and the embossed tiles in the tunnel….they look permanent to me! Why should he give up he gets a kick from kicking the club?

    I’m sorry but you and a lot of people have been duped by a PR organisation called … Keith Bishop Associates!

    Amanda Staveley’s husband Mehrdad Ghodoussi also has a PR company registered, operates in the same area as Bishop…..

    …..is it too much to conclude this trick has worked in keeping the spending at zero levels at the club…… With the local press buying it?

    Ashley has no intention of moving……he wouldn’t have moved the imaginary goalposts now would he?

    • Carverlier football

      As I’ve said in a few replies below, Ashley not currently being interested in selling is absolutely no reason not to plan for a day when he is – after all, motivating him to sell is exactly what we’re trying to achieve, so why not plan for it?

      • Fenwick

        Exactly! Well said mate.

        • Leazes.

          Nonsense that isn’t planning for anything but giving some billionaire a sub!

      • Leazes.

        I’d rather go down the route of changing the laws which allow Ashley and his elk to own clubs in the first place otherwise you are just living in hope of a decent owner…. fan ownership by law and places on a board! This isn’t a normal business lets protect it for all fans!

        • Martin Rooney

          Change the laws how’s that going to be funded?

          Why not support this and let nufc be a guiding light?

        • Fenwick

          I agree with you and you are probably the best person on here to push that one forward.

    • Mark Davies

      Doom and gloom as always then leazes. Sounds a good idea and a start to me. Count me in. Count you out i guess

      • Ashley-out

        the thing is he is right

  • Fenwick

    Nice to see someone on this site being positive with a constructive proposition. The doom and gloom mob on here will no doubt be as negative as ever and not be prepared to put their money where their mouth is. Count me in.

    • Cockneytrev

      I’ll put money into anything to get rid of the fat slob,, but how is it being doom and gloom having an opinion? My opinion is he has no intention of selling, he could have sold to the mansours if he was serious, but didn’t even bother turning up for the meeting.
      For me it is to give him as many headaches as possible if he is going to ruin my club, make life as difficult as possible for him,,,,
      You never know he may have a stroke,,,

      • Fenwick

        Agree that he probably has not had any intention of selling in the past. Agreed we have to give him grief.

        We’re probably in agreement that we need a ‘fighting fund’. Good luck to the people taking this idea forward.

        Too much doom and gloom on this site – negative attitude ‘we’ll never get rid of him unless he dies’ etc.
        I aplaud anyone who is proactive in the fight against him.

      • Georgia Peter

        with a bit of luck…!

    • Leazes.

      Thats £2 then.

      • Fenwick

        Case proven

        • Leazes.

          Lighten up Fenwick

  • Gallowgate Dave

    Christ almighty man some of the comments on here are beyond depressing. Someone has put forward a constructive plan. Aye of course we know Ashley might tell us to stick it but let’s raise the money and give him something to think about/align ourselves with a new buyer/potentially have a stake in our club and a seat on the board AND keep the pressure on him with sustained, unified protests. Any “fan” who immediately shoots this down or won’t commit £7-£8 per month (unless you are destitute) has absolutely no business moaning on about Ashley and clearly couldn’t really care a hoot about NUFC!

    • Ashley-out

      pipe dream

      • Gallowgate Dave

        Probably aye as too many doom merchants in our fan base. We can only control our own actions so let’s put ourselves in a position where we have some financial clout first. Or we can just do nowt and guarantee failure.

    • Superdooperhooper

      He doesn’t want to sell . If I had a property on the market for an entire decade and it didn’t sell I would reduce the asking price or get the place done up . Ashley has done neither !

      • Gallowgate Dave

        Aye we all know he isn’t a serious seller but this club is worthless without us. Let’s raise the money and combine it with protests and who knows what will happen in future? If every fan who owned a stake in this then stopped attending the match Ashley’s asset is worthless, we could force a sale. All I know is united we can beat one man, even one very rich man, divided we can’t and doing nothing guarantees failure!

        • Superdooperhooper

          I’ve said all along that a boycott of live TV games is the best and most immediately effective thing we can do but I see to be in the minority because the ground is full every game

          • Gallowgate Dave

            A mass boycott may work, mass protests may work, a mass crowd funding may work. The point is it has to be a collective, united effort whatever we do. Personally I think this is far more achievable than trying to persuade people not to go to the match.

          • Waxi

            Tell you what Super as soon as the next lot of TV fixtures are released start it off, If you get it on social media and with the Magpie Group etc it could well happen and i have two tickets and would support it even if it was for a few games we have now’t to lose. It’s getting it started that will be the hard bit

          • kingfisher

            My thoughts exactly Super.In my view complete boycotts would be the quickest and most effective way to get Ashley out.I’ve had some good (and lively) discussions with various people on here about boycotts and some of those against boycotting put forward some good reasons to not boycott, notably Gallowgate Dave, and for those who go with family and friends it would be hard to give up,but as he and others say,if a campaign is ran through various media outlets targeting a specific televised game then they might support it.

      • Jezza

        Spot on. He has devalued the club by asset stripping the playing squad and at the same time raised the asking price.

    • SuperDesHamilton

      And that’s why he’s done what he’s done for 11 years fans like you’re on about just Passive obident blind fools who have no back bone and wont ever stand up

  • joe mac

    one massive error in this scheme…….the clubs not for sale! never has been! its his advertising billboard nowt else!

    • Fenwick

      We know that. Are you in favour of the idea or not?

    • Martin Rooney

      So start a new club with the fifty million and be shot of him

      • Martin

        Excellent idea and much cheaper. If he wants NUFC so much, let him have it. We all start again from scratch with a fan-owned club which is worth supporting. It would also have the added bonus of seeing Fatty lose his money.

    • Jezza

      NUFC is more than an advertising billboard for Fatso. It’s also a highly profitable revenue stream that generates huge sums of money for him to invest in his core sweatshop business.

  • Ashley-out

    the only way we will get rid of the parasite is if hes in a wooden box

    • Fenwick

      Here we go again – negative attitude. Are you in favour of the idea or not?

      • Leazes.

        No…. you are under the impression that Ashley will sell, there’s nothing at all to suggest he’s going anywhere….. quite the contrary he’s found a way of stringing along the local press….and the fans….and Rafa!

        Jeez man alive…..you are attempting to help a ‘poverty stricken’ billionaire buy him out!….. if they need help then what is the point of that?

        • Sickandtired

          But, but, Douglas over at the Chron says he’ll take a miserly £300 million now with no strings…..

          • Leazes.

            Haha,

        • East Durham Mag

          Got to agree with you there Leazes, he never intended to sell.

        • Gallowgate Dave

          Nobody in their right mind is under the impression that he is a serious seller or ever has been but for God’s sake Leazes a leftie like you knows the power of collective action. Let’s do something constructive to put ourselves in a position in case anything changed in the future. He could die or have a heart attack, we could be relegated and worth far less, he could tire of the protests and pressure or we could all invest to have a stake in this and then mass boycott forcing his hand as without us the club is worthless. We need to unite, not stay divided, doing nowt guarantees failure!

          • Leazes.

            You won’t get collective action from an aged and passive fan base, we only managed to get 20,000 to sign up for the Rafa pledge….. I’d go down the route of changing the laws on ownership!….far easier to do it that way than subsidise another owner.

          • wheyayeman

            Ok Leazes how can we go about your infinitely simpler sounding route en mass ?

          • Leazes.

            You don’t need a mass…. just a Government committed to changing the law on football club ownership.

          • Gallowgate Dave

            We wouldn’t be subsidising another owner. We’d own a stake in the club, a seat on the board and what’s to say this isn’t the initial start to one day owning the club. I can’t control what every fan does, I can’t control if Ashley chooses to sell (maybe I can to an extent) but I can choose to be proactive and commit to this. If we can’t be bothered/won’t commit to £7/£8 per month to at least try then we deserve Ashley. Simple as that. Besides this isn’t mutually exclusive to changing the laws on ownership.

          • Leazes.

            I’m not saying that is wrong, Rex has put a lot of thought into it. Similar to NUST’s pledge.

            This owner will not sell because the advertising makes his online sales…thats his business ‘online’ not the shops…he’s not going to damage his business by getting rid of the billboard.

          • Gallowgate Dave

            Then get behind it. We know Ashley might tell us to stick it but let’s put ourselves in a position to bargain, I’d rather call his bluff than fold. Besides things can change – his health, his finances, our value etc etc. Let’s just do our bit, that’s all we can do.

        • Fenwick

          My understanding of the proposal is that it would give the fans something like a 12.5% stake in the club with representation on the board. It would not as you seem to be implying be a gift.

          You are a champion of supporter represetation and until we get the law changed this is a step in the right direction. Do you not agree?

          • Leazes.

            I’m fine about anyone trying anything, but I think some people have been got at by this ‘Staveley scam’ and this owner is still here and he plays games with his intentions…..

            If someone were to come in with a bid that was bandied about £400m he’ll move the price again…..

            If Starforth and Douglas were convinced by the due diligence that they said they had witnessed from Staveleys partners let them name the parties involved….

          • SuperDesHamilton

            You think you know absolutely everything like some sort of oracle. Everything’s a conspiracy, get out the rabbit hole weirdo

      • Ashley-out

        he will not sell, smoke & mirrors playing the fans

      • Dutch

        NOT

        • Fenwick

          Ok – what is your alternative proposal?

  • Martin Rooney

    If there is fifty million from fans then buy the whole vlub, for fans not another greedy cockney rich ++++ like stavely.
    Sell all players of value and borrow the rest.

    • Superdooperhooper

      What are you on about Martin? Maybe I’m thick but that makes no sense to me

      • Cockneytrev

        😂

      • SuperDesHamilton

        You are thick

  • Sickandtired

    Judging by the numbers prepared to actually get out and protest, or attend meetings, there isn’t a hope in [email protected] of getting a grand off people.

  • JohnnyH

    Noble idea
    But it would take a monumental effort to raise the £50 million, even then it’s still a bit of a strange assumption that this is the amount that will be the difference between the valuations.
    Or am I missing something?

    I agree the only hope is a catastrophic ill health event.

    • Sickandtired

      We’d have a better chance of raising funds to ensure someone assisted with an ill health event ;-)

  • wheyayeman

    It’s a great idea in principal I really do like the effort and bold vision for this but Ashley is determined Not to sell. His hiding and occasional quotes about selling the club or spending generated income is all carefully spun to give the impression he will sell at some stage. He won’t unless someone comes with a blow out the water offer which they won’t. We are a dying club with such investment needed everywhere that only a nostalgic Geordie billionaire would invest. I still say that our best chance of shedding the leech is a hard nosedive through 2 divisions with the help of a few awful John Carver style managers. It won’t be long til fat boy gets motivated to sell if it starts costing him.

    • Jezza

      All true. It’s got to get a lot worse before it starts to get better.

  • Tweed Mag

    A positive idea, but the danger is Ashley stringing everyone along forever. It is impossible to trust his word. At the moment, his name and the SD brand is rapidly turning toxic. That is our best hope and the prospect of another relegation might force his hand. If he genuinely wanted to sell, the £7-8 per month would be a good investment, but it is a big ‘if’.

    • Toon Arnie

      The Fat Oaf has no intention of selling – ever.

    • SuperDesHamilton

      If he does sell a bet he’ll be taking a cut of all future shirt sales etc..a wouldn’t be surprised if he’s got deals where we still have to advertise his tat shop too. He’s a parasitic piece of excrement

  • mentalman

    I think i remember staveley saying they weren’t interested in other parties investing.

    For something like this to work it would really need to be a consortium buying the whole club not just a main investor having their investment topped up

  • FatParosite

    Ashley does NOT want to sell….. not even at £400M

    • Arty Hume

      Maybe correct there mate, we’ve been over a decade in the doldrums because of TFCB so its time for some kind of action by all the fans, this is a really great idea and deserves looking into. Failing that I would getting him in his pocket where it would really hurt, going the same way as Sunderland and making him sell the club for a quid, now that would really hurt him. We would be back on our feet in a few years and it would be worth it IMHO as we are never going anywhere under TFCB.

  • Andymag

    I don’t quite understand the cashback incentive but if there were assurances that each shareholder/stakeholder that invested their £1000 was given the option of a season ticket for 4/5 years and one top a year then I feel that would be reasonable

  • Barmingmag

    I’m in

  • HarryHype59

    This club will be worth £150 next summer after the third relegation. Why not wait until then?

  • Down Under Mag

    Ashley doesn’t want to sell. It’s a smokescreen to get fans interested in buying season tickets and to deflect blame for the lack of purchases of new players. He is making too much money and getting too much publicity to warrant selling the club right now. He isn’t spending anything on the club and he is raking in profits that are all funnelled through SD parent company which is why the club don’t see a penny…why would he give that up? The only reason he cares about the club from time to time is when we’ve been relegated and he has an excuse to write off money for tax purposes and increase the stranglehold he has on the club financially.

    I also would not be expecting anyone to come in and be our saviour at 400m quid or whatever the fat controller is asking. Like it or not for that amount of investment a prospective buyer could buy a “lesser” club like Charlton or another London based club, get them to the Premiership and rake in the TV money for probably less overall outlay than just buying NUFC.

    I also suspect Ashley has already removed a lot of infrastructure that will now be SD owned (i.e. club shops are a thing of the past and Ashley will not be giving the shop space back), and he will no doubt have a lot of club merchandise deals tied up with SD so the club would still have to funnel him money (more than likely to still use the club crest etc). He will also likely have a lot of deals in place that are money to be paid to MASH rather than NUFC and therefore things like future income from past player sales would no doubt still go to Ashley. A few people have signed their NDA’s and done due diligence and quickly backed out of any proposal to buy is – you need to be asking yourselves why!?!?

    Make no mistakes about it, if you think Ashley selling the club is the end of his ties with us you are greatly mistaken!

    • Geordiegiants

      Absolutely bang on the money there!

    • Arty Hume

      I sadly agree mate, I said before I would be happy to see relegation again as long as TFCB gets out. He needs to be taught a very hard lesson by the fans, but they will not boycott games even just a couple. Going the same way as the webbed feet mob down the road would serve a purpose and teach him to mess with the fans, make no mistake they will bounce back and be better for it, just like Rangers in Scotland, just takes time. Our club would bounce back and be free of the serpent from LANDAN. I would happily join the scheme and I am sure the Crowd funding angle would be a great idea, I am retired but where do I sign?

  • Geordiegiants

    I agree we should be doing something to raise cash. It’s a start and out of small small acorns n all that.
    Good idea in my opinion Bobbi.

  • kingfisher

    If £50 million could be raised, why not start from scratch and form a completely new club, owned and ran by the fans and tell Ashley to stick his S.D where the sun don’t shine ?🤣

  • Pezza

    Great plan, far better than protesting

    • Rex Winter

      Thanks Pezza. I’ve read the article as you suggested. From little acorns…

  • Albert Stubbins

    imo Fat Mike would be even less inclined to sell if he was aware that some of the money used to purchase the club was from the very people he despised the most. Keep your money in your pockets lads and lasses is my advice. He has absolutely no intention to sell Newcastle United. If he had any inclination to sell the club he would have done so long before now. The only way he would sell was if he stopped making money out of the club – can anyone see this happening anytime soon?

  • Rex Winter

    While I agree that the club is not officially on the market, the reality is different. Every business asset is always for sale; but only at the right price. Your watch, or your car, or your house, might not be for sale now, but if someone made you a really stupidly high once-in-a-lifetime offer for it, you would probably sell it. The same applies here. The additional £50m (A figure that I plucked out of the air) could turn a purchaser’s realistic £360m offer, into the stupidly high £410m offer that MA might just accept. That is the whole point of rasing the £50m.

  • Ritchytoon

    Im in and think its a great idea

    • Kevin Christie

      Me too. For the 2 quid anyway! Will hang fire on the grand for a while yet….! ;-)

  • Derek Osborne

    Its only a couple of Quid ! Come on lets do something positive. You cant loose much can you?

    • MrShack66

      A grand?

  • Kevin Christie

    Interesting idea. If there are parties interested in buying the club, then it would be absolutely brilliant to have fan representation on the board and to even have the fans own a percentage of the club if at all possible. It all depends, of course, on what any prospective new owners would be amenable to but it would be a great way to get the fanbase 100% on-side from the off.

  • Henrique Netto

    Very good idea. I’m a Brazilian supporter who lives in Canada and I can help. Maybe not with 1000, but I can help

  • Jonas

    You could look at it like this – it would cost you 1k to watch less than two seasons of this dreck.
    in fact given the circumstance’s i cannot think of a more pointless use of money than to give it to the people that besmirch our club for their jollies, whilst being served up in return the absolute bare minimum service they can legally get away with.

  • KennyEverett

    Hi Rex
    Just doing a little due diligence on your background, could you let us know why you left Daft as a Brush after only six months

    • Rex Winter

      Yes. The trustees had a re-think about their funding, and decided that their resources could be better used by not employing a Chief Executive. They made me redundant! I was extremely disappointed, but life goes on…