Sky Sports have given their latest update on Mike Ashley selling (or not selling) Newcastle United.

The broadcaster stating in their headline news: ‘Mike Ashley has not received any “acceptable” offers for Newcastle a year after he officially put the Premier League club up for sale.’

They reproduce a quote from Mike Ashley’s legal representative Andrew Henderson who last year appeared on Sky Sports and said ‘I think there’s a view that over the years there has been a considerable investment, perhaps a feeling that all that can be done has been done. So, it is probably just a recognition that it might be time for a change.’

He said a lot more than that though on Sky Sports 12 months ago and the fuller quotes are below.

This latest Sky Sports report today continues ‘The aim was to sell the club by last Christmas, but despite expressions of interest, no serious or acceptable offers have been made.’

The first appearance by Ashley’s lawyer on Sky Sports was on 16 October 2017 but three days later (19 October 2017) Sky Sports were quoting Andrew Henderson saying: ‘Since Monday, a number of additional parties have come forward which we believe to be credible. We are also continuing to engage with a number of parties with whom we had entered into negotiations prior to Monday’s announcement.’

The day before (18 October 2017) the Press Association were reporting the following, clearly from Ashley’s people:

‘Press Association Sport say that as well as four ‘interested parties’ having already signed non-disclosure agreements’ allowing them to study the club’s books, Andrew Henderson has also been ‘inundated’ with calls regarding buying the club.

The lawyer acting for Mike Ashley on the potential sale of Newcastle United, reported to be having the lengthy task of separating ‘time-wasters from genuine candidates’.

Sky Sports are very selective in terms of what they choose to reproduce in this ‘update’ regarding Mike Ashley’s (alleged) efforts to sell Newcastle United.

What has happened to the ‘credible additional parties’ that Andrew Henderson said had come forward last October after Amanda Staveley declared an interest?

Likewise, what about the four interested parties the Press Association were told about a year ago and who had signed NDAs (non-disclosure agreements)?

Not to mention them being informed about Andrew Henderson being ‘inundated’ with interest in buying the club from Mike Ashley?

So 12 months ago Mike Ashley, his legal representative, and PR people, are all keen to say there is loads of credible parties interested in buying Newcastle United and going so far as to sign NDAs, just like Amanda Staveley did, only for all of them to now be seen as time wasters supposedly?

That key question always remaining…Newcastle United supposedly up for sale for over 10 years now, with Mike Ashley allegedly keen to sell, yet still NUFC remains unsold whilst in the meantime the majority of other Premier League clubs have changed hands!

Does Mike Ashley (and Sky Sports?) really think we are still believing this…?

Sky Sports – 17 October 2018:

Mike Ashley has not received any “acceptable” offers for Newcastle a year after he officially put the Premier League club up for sale.

Ashley’s lawyer appeared on Sky Sports News last October to announce that Ashley had taken Newcastle as far as he could.

Andrew Henderson, of Dentons, said: “I think there’s a view that over the years there has been a considerable investment, perhaps a feeling that all that can be done has been done. So, it is probably just a recognition that it might be time for a change”.

The aim was to sell the club by last Christmas, but despite expressions of interest, no serious or acceptable offers have been made.

A group of Saudi Arabian investors are the latest interested party, but no contact has been made with Ashley’s camp.

Ashley will not sell unless he receives assurances that prospective new owners have the funds to take the club forward.

Businesswoman Amanda Staveley tried to buy Newcastle for £250m last year, but she could not agree a deal with Ashley.

In September, there were reports that former Manchester United and Chelsea chief executive Peter Kenyon was trying to form a consortium to take over at St James’ Park.

Newcastle are currently 19th in the Premier League and have not won any of their opening eight matches this season.

The Mag – 16 October 2017:

Andrew Henderson speaking to Sky Sports:

“There has obviously been a lot of press speculation about Mike’s intentions towards the club.

“I think that there is a view that over the years there has been a considerable investment, perhaps a feeling that all that can be done has been done.

“So it is probably just a recognition that it might be time for a change.

“Our intentions at the moment are to see if the club can be brought forward into new ownership by potentially Christmas.

“That would allow for a period for serious interested parties to put themselves forward, for a diligence process to carry on, and then hopefully by Christmas for a sale to conclude with the sort of flexibility around terms we have discussed.

“If that weren’t possible then there is no desire to sell the club for any price to anyone. There is a lot of responsibility that goes with owning the football club so we would then look at that at the relevant time.

“That’s the objective but nobody has a crystal ball so nobody can say for sure what happens and when.

“I think back to the question of price, it will depend on what somebody is prepared to pay for the club.

“Football clubs have a scarcity value, nobody is making 150-year-old football clubs with the kind of traditions that Newcastle United have so obviously there is value there but then in terms of what the number is that will be dictated by how many people, how many serious people are interested, how many serious people can deliver and so we then get to how long will that take, how long do we give them.

“I think that is a matter for negotiation but certainly not all in year one so that’s how we would be approaching it.”

The Mag – 18 October 2017:

Mike Ashley and his representatives are said to have been ‘inundated’ with interest, since Monday afternoon’s announcement.

The Newcastle United owner releasing a statement formally announcing the club was up for sale.

This was swiftly followed by an appearance by Ashley’s legal representative appearing on Sky Sports, lawyer Andrew Henderson helping to push the story further.

On Wednesday, Press Association Sport say that as well as four ‘interested parties’ having already signed non-disclosure agreements’ allowing them to study the club’s books, Andrew Henderson has also been ‘inundated’ with calls regarding buying the club.

The lawyer acting for Mike Ashley on the potential sale of Newcastle United, reported to be having the lengthy task of separating ‘time-wasters from genuine candidates’.

The Mag – 19 October 2017:

Sky Sports have now on Thursday lunchtime put out an update from Ashley’s lawyer, with Sky Sports man in the north east, Keith Downie, quoting Andrew Henderson:

“Since Monday, a number of additional parties have come forward which we believe to be credible.

“We are also continuing to engage with a number of parties with whom we had entered into negotiations prior to Monday’s announcement.”

This follows a report on Wednesday from Press Association Sport, saying that four ‘interested parties’ had already signed non-disclosure agreements’ allowing them to study the club’s books, and that Andrew Henderson has also been ‘inundated’ with calls regarding buying the club.

The lawyer acting for Mike Ashley on the potential sale of Newcastle United, reported to be having the lengthy task of separating ‘time-wasters from genuine candidates’.



  • drc74

    cue spxnkseaton live from a lift in Moscow

  • GToon

    “I think that there is a view that over the years there has been a considerable investment, perhaps a feeling that all that can be done has been done”.
    Is that some kind of a joke? Do these people not live in the real world where actually due to a total lack of investment we are propping the league up and looking good for relegation number three under Mike “the investment king” Ashley.

    • Sickandtired

      What has he actually ‘invested’? Anything above the £100 million which was listed as his ‘loans’ prior to relegation 1, even though the whole mortgage, including interest,was included in that number.
      He’s repaid himself every single penny advanced due to 2 relegation’s since then. Yet the club now owes him more than the original £100 million. Genius in that sense only.

      • HarryHype59

        The club owes him nowt. Mike Ashley is pretending his left hand owes his right hand money. It’s actually pathetic!

    • nufcslf

      Bloody incredible isn’t it, yet still there will be those that think the Brighton match has something to do with football and show up and pay to watch it. Stay the f**k away, and make the fat c**t look a the fool he is. What a waste of time this whole cock-up of a club is.

  • Lewis SG

    The only time waster here is Mike Ashley

    • Dillon Tovak

      Wasting his own time too which is one of the most bizarre things about the whole debacle.

      • Kneebotherm8

        Smoke and mirrors from him to keep all of us mushrooms in the dark…..fed full of sht we are…….

  • Paul Patterson

    It’s easy to not hear of any acceptable bids, when no bids actually come in . .

    • Dillon Tovak

      I’m sure there’s been all sorts of interest over the years, Ashley clearly just shuts the metaphorical door in their face straight away.

      • AbusedCourier

        Or goes on the lash!

  • Leazes.

    Perhaps an accountant could tell us how you can do due diligence on Newcastle United with no returns recorded for advertising or merchandising?

    … a new owner will be starting afresh with absolutely no marketing outlets… because Ashley closed them.

    ….and of course no land for stadium development because Ashley took it.

    • Down Under Mag

      And there is the big problem, he has hamstrung the club, bringing into question any future direction or development while still wanting a premium price as if all those things were still in place.

      If we do ever get a new owner I am quite sure there will be a few undisclosed things that rear their ugly head as well and they will be left pretty much starting from scratch as you say – no wonder there is no legitimate interest (or at least not for the value Ashley has on the sale).

  • Dillon Tovak

    Still desperately trying to push this “only willing to sell to someone that would take the club forward” utter 💩.
    I don’t get how anyone buys this? Even if you’re not mike Ashley, who’s a proven tnuc, if someone wants to buy something for a decent price…you sell. If someone buys my car, for all I care they can set it on fire immediately after purchase.

    • Sickandtired

      Take the club forward from what? That’s the biggest joke of that line.

    • Arty Hume

      ” Still desperately trying to push this “only willing to sell to someone that would take the club forward” utter 💩.
      I don’t get how anyone buys this?”
      Indeed mate, when you look at how much NUFC has declined in his 12 years of ownership, could anyone really take his seriously??? He has systematically sold almost all the assets the club has, so how could a new owner with ANY investment, no matter how small, not be better than the current parasite??? ANY investment would be better than what we have now, so ANYONE even meeting the asking price would be a bonus, at least they would in theory not REMOVE £25m from the clubs revenue. This is just a ploy for the ignorant and ill informed to masquerade as degree of care for the club, but as we all know it is another ” tissue of lies ” which so easily falls from TFCB’s lips.

  • Down Under Mag

    Basically Ashley won’t sell if we go down because a) he will feel he has been there and done that so why can’t he do it again and b) the club value will be much lower and therefore he wont want to lose that money while he feels a quick return to the top flight will get his money back.

    He won’t sell now because he asks way too much for the club given the current circumstance either, what does that tell you? He doesn’t want to sell.

    The only way we are getting Ashley to sell is if the club becomes a liability for him, either financially or publicity wise. I think the fan groups are doing a great job of the latter (as well as they can without breaking the law and they deserve a lot more support and credit than they seem to be getting) and the only other way is for us to get relegated and not come back up, essentially we need to do a Sunderland and go way down, lose money and give him an excuse to cut his losses and run. Sadly by then we will be in a world of hurt and probably never fully recover (especially given Ashley will no doubt tie up sponsor deals and merchandising with any sale as a “here have it at a good price BUT” scenario)

    • Billmag

      I said a while ago would fatty subsidise the club like the Villa owner did, they put all there eggs in one basket in an attempt to get to the promised land and look how they’ve ended up. He’s been very lucky to get up at the first time of asking with two very good manager’s but that won’t always be the case.

  • BanJones

    It is idiotic to give any credence to anything that comes from the Ashley camp, that’s the trouble with lying – words become an arrangement of letters with no meaning.

  • Lord

    Ashley: “I need some spare cash in January but I’m getting hassled to give some to that Rafa bloke, what do I do?”

    Bishop: “How about we spin some yarn about buyers floating around and then put a hold on spending due to uncertainty?”

    Ashley: “What a great idea, that’ll keep everyone distracted and off my back. Wait, didn’t we try that last year?”

  • Hughie

    The big issue is not the bull about a sale but why Ashley has suddenly started attending matches. Surely he is giving the message that he is unhappy with the team and manager’s performance and is trying to establish what is going on- simple as that. Going for a pizza was simply saying I’m watching you!! He is ruthless and is no respecter of reputations. In my opinion Rafa must take part of the blame for the team’s current mainly inept performances and he must be under threat in Ashley’s mind. Eg would you want to play for a manager who says in public that you are not good enough ? Really poor management. Rafa is a highly respected coach and seems to be a decent bloke but like anyone has his faults. If we remain bottom at Christmas Ashley will either sack him or give him cash- but who would come to a club propping up the league. Deja vu at NUFC yet again.

    • Billmag

      Irrespective what you think of Rafa the blame lies at Ashley’s door full stop, since we got back into the Premier the manager has wanted to make progress on certain positions only to have the door shut firmly in his face, now I’m not saying Rafa hasn’t got his faults but I would like him to be given a level playing field to see where that takes the club until that happens I don’t think we have any other choice but to back his judgement wether it’s right or wrong.

  • Lostprofit DBC

    He would sell if he gets his price but the threat of relegation makes this impossible again. The summer was the time…..if he was serious of course.

  • Cockneytrev

    If a business has been for sale for 10 years, is viable and makes money, there are only two scenarios,
    1) The sellers are asking too much.
    2) The business is not for sale.
    You don’t need a business degree, or a degree in journalism to work this out.
    ASHLEY OUT!!!
    KEEP UP THE PRESSURE!!!!

  • mactoon

    In the middle of December, Staveley was told that “another bidder” had emerged, prepared, according to Ashley’s people, to pay £350 million. Fine, PCP said, but come back to us if you want to re-engage. Since then, they have heard nothing. Not a single thing. Which hardly fits with the Ashley-sanctioned notion of “exhaustive” discussions.

    Amanda Staveley January 2018:

    “Where are the other bidders?” Staveley says. “It’s been for sale for three months.”
    “I’m very much still interested in buying Newcastle,” she says. “And our bid remains on the table.”

    It still is.

  • East Durham Mag

    Lets get SKY to muddy the waters with another load of absolute horseshit again. If we tell enough lies someone will believe one of them. Once the [email protected] has sold up will be the time everyone including those juankerrs at SKY etc will see the full extent of the damage and how difficult it will be to recover from a decade of abuse. #ASHLEY OUT

  • mactoon

    I can see one of the biggest stumbling blocks once any potential buyer meets his asking price is to unravel the hold Sports Direct has on the purchase of club merchandise.

    It took Rangers over a year to get out of a deal where the club was reported to received only 7p for every shirt sold so if the same deal is in place here he will not want to cut his ties with the club. But the new owners will.

  • X,WHY,Y MAN.

    Ashley has no intention of selling the club with these carefully orchestrated games designed to continually run the club on a siege mentality.
    All he has to do is put out the odd story of interest in buying the club then string the story along for a few months.
    This serves a purpose on a few different levels with them being able to extricate themselves from failure on the pitch, Account for the lack of investment in the squad, And keep the manager in the dark over most things.
    Then if results improve Ashley normally puts out a statement saying there is no takers for the club and paints himself as the best man for the job.
    Similarly the tactic can be used in the event of the club being relegated with them making excuses to the fact then take the parachute payments to start again.
    50,000 punters turn up to watch second tier football then the job is a good’un !

    HE CAN EFFECTIVELY KEEP THIS GOING FOR YEARS IF HE WANTS…

    • Blackburn1066

      Only if the 52.000 people who keep paying him to do it turn up

  • Realist

    Or there have been no reasonable bids? Would you sell your house for 50% of what it’s values at because you don’t like your neighbour….

    • Big Hairy Man

      If it was on the market at a realistic price it would sell but it isn’t on the market.

    • Danimal

      Why is it only our club that has this problem?

  • Realist

    Or no one has put a reasonable bid in

  • Wezza

    ‘Mike Ashley has not received any “acceptable” offers’

    Nobody has offered his ridiculous price because they’re not stupid.
    Anyhow, the club is not for sale so I’d out this down to more KBA PR. They really are working overtime aren’t they?

    ‘reports that former Manchester United and Chelsea chief executive Peter Kenyon ‘

    That has all gone quiet hasn’t it?
    I said yesterday I fully expect more KBA BS PR around 2pm on Saturday saying someone has put a bid in. Not say how much or if it will be accepted. They really must think we are stupid. Just don’t go, simple as and defo boycott the Wolves game!

  • Blackburn1066

    Mike Ashley has not received any “acceptable” offers. Because NUFC is not and never has been up for sale.