It is now a year and a day since Sky Sports brought us the news that ‘Amanda Staveley has tabled a formal takeover bid for Newcastle United Football Club in the region of £300m and they hope to get exclusivity on talks this week.’

It all seems like a dream now, a really bad dream.

It is difficult to believe now the optimism you couldn’t help but feel at the time, no matter how much we had got used to disappointment and false hopes during a decade and more of Mike Ashley.

Rather than headlines claiming interest in buying Newcastle United and adding a nationality to the word ‘consortium’, here was a proper person and now Ashley’s mates at Sky Sports were reporting it as fact that a realistic sounding offer had gone in for the club. Later, George Caulkin of The Times confirmed that he had been shown proof that there had indeed been three different offers made for the club by Amanda Staveley and her investors.

There was still a fear that Mike Ashley had no intention of selling and just as he had done for the previous 10 years since supposedly putting NUFC up for sale, the clubs owner was indulging in media games and toying with the hopes of supporters.

Sure enough, Mike Ashley and his people then engaged in a war of words using the media, claiming eventually that it was he who had supposedly been messed around by Amanda Staveley, rather than the other way round.

Whatever the truth of that, it doesn’t then explain what happened with the other numerous serious bidders for the club, Ashley’s legal representative stating on Sky Sports that these people existed.

If Mike Ashley truly had/has NUFC up for sale at a realistic price, why has there not been a single bid acceptable to the owner?

It is now 366 days later and we had a January window where Rafa wasn’t allowed to buy any players, only loan signings, then in the summer Mike Ashley insisted on a £20m+ profit on deals, now we have a crucial January 2019 transfer window in six weeks time and left wondering what new lows he (Ashley) can take us to.

The nightmare goes on.

The Mag – 20 November 2017:

Amanda Staveley has made a ‘formal takeover bid’ for Newcastle United.

Sky News are reporting that Staveley’s company PCP Partners have made an offer ‘in the region of £300m’.

As part of their formal offer it is said they want ‘exclusivity on talks’.

Sky News:

“PCP Partners headed by Amanda Staveley has tabled a formal takeover bid for Newcastle United Football Club in the region of £300m and they hope to get exclusivity on talks this week.”

It is exactly 50 days since she attended the Newcastle v Liverpool match and was first introduced to Mike Ashley’s representatives at the club.

That introduction was said to be not arranged and contact information exchange

However, since then, Mike Ashley made public that the football club was up for sale.

This then followed by reports that Amanda Staveley and a number of other unnamed potential buyers had signed non-disclosure agreements.

That allowed interested parties to examine the books ahead of a prospective bid.

Little else has been on the minds of Newcastle fans so hopefully this is the next stage towards Mike Ashley leaving Newcastle United.

  • Paul Patterson

    Staveley last season, Kenyon this season.

    New season, rinse and repeat . .

    • Leazes.

      What about the Rockefeller Foundation…. that was never serious when you look at their business and the history of JD himself….. they don’t deal with business people like Ashley at all…. they wouldn’t touch him with a bargepole.

  • porciestreet

    Why keep regurgitating this 5h!t…!
    Come back with something original when hes either sold up and gone or dropped down dead.
    I never did have any respect for the man and now I have even less.
    The two things in life I abhor the most is cheating and lieing and thats him personified.

  • Kenny

    She took a leaf out of Penfold`s book, hoy in an unacceptable bid

    • Leazes.

      How can he sell the club without extracting the merchandising and advertising from SD or even value it? Its income streams have to be in the books, It would have to be done before a bid!

  • Themoscow72

    The word on the street was that her backers had pulled out an no offer was made certainly not in the region of £250m. Also why not statement from either party of any offers made. An offer of perhaps £290m would get the club. However with the way the protesters are carrying on any prospective buyer would run a mile and not want their business interests connected to the Magpie Group.

    • NUFCLX

      I thought you were of the opinion the Magpie Group are a few people protesting outside a shop and have no significance, if so how would they scare off prospective buyers.

      • Themoscow72

        Sadly it the twenty odd people who make the headlines with practices such as protesting outside shops and disrupting on line shopping. Who would want to be associated with that. The true fans who back the club are the unheard voice. As one protester posted on here he got a lot of stick of old blokes when protesting outside the Milburn reception. Quite rightly so. Should have hit him with their walking stick. Only 240 seats left together in the normal part of the ground and 843 singles. Sales going well.

        • David Cresswell

          Say what?

        • NUFCLX

          The entire City backs the club, it is the owner we hate. Of all the supporters I have come across you are the only one who seems to think Fatman does a good job.
          I struggle to think of anything positive he has done for the club or the City.

          • Themoscow72

            For a start he has put £279 million into the club the only person ever to spend to commit themselves to more than a couple of million. His interest free loan has saved us over £100 interest payments to Barclays. He gave us a ten year deal making it affordable to go to matches. Look how many years Sunderland and Boro are spending outside the Premiership. In some ways hope the new owner when they arrive are much worse and we spend a decade in the Championship to get rid of the protesters once and for all.

          • Toon Arnie

            No he didn’t put £279m in at all. He paid about £135m to buy the club – the rest was a loan, to himself, which he’s already started to take back ( as per the club statement ) and will take the balance once he gets serious about selling the club. He’s had 11 years of free advertising – £25 – £30m easy and also seems to have made £123m of tv money disappear this season … while purchasing HOF for £90m… mmmm, a coincidence obviously.

        • Toon Arnie

          If it doesn’t bother Ashley why would it bother prospective buyers ? Your point has no real rationale ?

    • David Cresswell

      If the protests are to remove Ashley, why would anyone (even the most cynically entrenched) think they would continue after he’s gone? We’d all be too busy partying…as the song goes!

      • Carverlier football

        Whoever (hypothetically) buys the club would immediately start in credit for getting rid of the guy!

    • X2

      Maybe it’s the ugly adverts for Sports Direct and the general show of all things tatness which puts them off, Not least the Sports Direct expoitative bullying work practices. Ashley lies, Ashley literally sticking-up two fingers to Newcastle fans, Sports Direct Arena, Wonga, “every penny” (twice!) and a PR mob to try to fool the fans or as I expect Ashley thinks of them “the mug punters”.

      • t00nraider

        He could have put it back to Sports direct arena and used the sponsorship for extra players but no people kicking off because of a name and thats more important.

        • Toon Arnie

          Yeah of course he would have used that extra money for players ?? Ha ha I can’t believe how naive you are – unbelievable

    • Angelswithdirtyfaces

      Caulkin claimed he had verifiable evidence – but the “word on the street” is just value less.

      • Leazes.

        Caulkin was duped because he thought the presence of Chris Mort validated the due diligence…..

        ….Mort lives in the same village as Ashley…. it was a stunt to string out the suffering of this club.

    • Brian Standen

      If £290 million would really get the club then it’s a bargain, I suspect potential buyers are put off by hidden caveats that we don’t know about
      Such as a SD stake in merchandise and advertising etc

      • Paul Patterson

        A la Rangers..

      • X2

        That’s a huge worry once Ashley leaves. But for now surely the club’s not genuinely up for sale. Just Ashley’s PR boys at work.

      • HarryHype59

        The threat of a third relegation this season is another “deal breaker”. The £300m valuation is based on EPL income streams of £110m minimum per season. Without that money this club would be worth 50% less.

    • 1957

      Rumours I heard was she only had agreement in principle from her backers to go up to £250m in total. Her investors baulked at an extra £50m and didn’t want to dilute their potential share by bringing someone else on board to make up a short fall. She was left trying to use relegation clauses to get the cost down, the theory being she would take out a loan secured on the club assets to pay Mike off at a later date. He made a take it or leave it compromise offer on relegation that she refused.

      Stavely was simply an opportunist, a tyre kicker, ‘running’ a business with no assets, as much as I dislike Ashley’s business methods I was pleased to see the back of the saintly Amanda

    • Toon Arnie

      I disagree with your version of events, I think I agree more with Pezza that bids WERE made but maybe not to the value Ashley actually wants without caveats, if he actually does want to sell.

  • Peaky

    Staveley was nothing more than a stooge….the January 2018 transfer window detractor….nowt else….

  • t00nraider

    I find it difficult to believe this insistence of £20mil profit. We brought in 7 decent players and sold 2. 1 which was was a liability and got us relegated and the other a backup player. We did well financially thats all. Did Ashley insist on £90mil net spend a few years ago then? It’s this kind of propaganda which creates groups like the magpie group.

    • Sickandtired

      It’s your kind of thinking which allows Ashley to get away with what he does.
      We know the club made a transfer profit. We know Ashley chose to repay himself some more money instead of allowing that to be spent on the team.
      What part of that do you have a problem understanding or accepting?
      Dubravka was already here and made permanent. Kenedy and Rondon are loans and Ki was a free.

      • Leazes.

        Thats a troll

  • Blackburn1066

    NUFC is not for sale never has been, all cr-p to get you to stop thinking about how the little Fat shop keeper is taking our club apart.

  • Leazes.

    PCP Capital Partners Accounts
    2018….not filed yet but it’ll probably be Nil.

    Its a holding company with no assets…..or partners.

    But should she get some partners they better have money….. she’s a deal broker.

  • Angelswithdirtyfaces

    Ashley is simply indulging in a perverse kind of property speculation. Key words indulgent, perverse and speculation

  • Scott Robinson

    If you’ve ever had the misfortune to watch some episodes of Emmerdale, then the same again a year later, you’ll realise that nothing has changed or ever changes despite the bomb or the fire or the alien abductions: same daft story, same dull characters, same waste of time and space.

    If you’ve ever had the misfortune to watch NUFC …

    Also the Evening Chron and most of the forums just keep regurgitating the same cauliflower and cabbage over, and over, and over, and over and over and over …again. Is it 1984 or 2018? Wake me up when we win a trophy.

    • Mike D

      I’m not sure we want to go down that route. Waking the dead can lead to serious rammifications.

    • Rich Lawson

      Make yourself comfortable !

  • mactoon

    According to the Staveley interview with Caulkin the third offer of £250 million, no caveats, no conditions, no clauses and the commitment to invest another £100 million on players over two transfer windows and £100 million on the training ground and academy is still on the table after she was told that another bidder had emerged willing to pay £350 million. She said ok come back to us if you want to re engage. Nothing has happened since.

    The problem with Staveley’s bid is one of the backers she approached, the Reuben brothers had distanced themselves from the bid so there was no proof that funds were available leading to Ashley pulling the plug and saying any future bids had to prove they had the funds available. Not an unreasonable request to me otherwise you could risk spending money entertaining a bid without visible financial backing.

    This is a sticking point as Ashley wants proof of funds held in escrow before a deal has been struck when in reality any backers would not make the funds available until they are ready to exchange (similar to buying a house)

    To date, it would seem none have. Probably not helped by the indication that Ashley won’t even state an asking price. (yes, no actual quotes from him on the price he wants) He is just happy sitting where it is as he isn’t spending any money and getting global advertising.

    • Pezza

      The price is indicated at £300m

      • mactoon

        The press has indicated that Ashley ‘is likely’ to accept £300 million. He has never been actually quoted as stating a price.

    • Paul Patterson

      Plus, he will be trying to instigate a bidding war ..

      • Leazes.

        ….no he isn’t.

  • Pezza

    The bid at £250

    • mactoon

      Possibly but again, ” supposedly raised again”. He has not actually come out and stated what he wants publicly. It was even reported that when Kenyon approached him he was told make me an offer without stating a price.

      • Pezza

        We can

        • mactoon

          we can what?

          Sorry I don’t understand you comment

          • Pezza

            It’s no profit

          • mactoon

            I just doubt an offer of £300 million would be accepted. Once we are safe he will want more and he has already stated he won’t be selling until the summer. (If indeed he is willing to sell) I think he is just waiting until we are safe so the price can be increased. I doubt anything less than £350 million would interest him.

    • cmrowley

      Stop talking from your behind. You know diddly squat, you’ve (in your various forms) been shown to know diddly squat. You speculate and present conjecture as fact.

      • Pezza

        Which bit are

  • Ashley-out

    He has no intention of selling

  • Rich Lawson

    Wasn’t ”Mike” in the USA only last week to finalise a take over deal ? That’s gone very quiet ? The tv income keeps rolling in,why would he sell so low ? We’re the football equivalent of Rod Stewart’s train set in the attic for him.

    • mactoon

      Apparently according to a ‘reliable reporter’ he was never in the USA

  • Rob Brown

    I seem to remember that the deal was nearer 200 million with conditions.
    So who’s got it wrong now Jim.

    • mactoon

      £300m, first bid, November 2 with conditions
      £350m, second bid, November 10 with conditions
      £250m, third bid, November 17 no conditions, still on the table waiting for Ashley to re engage

  • graham18

    All said and done-the FCB’s still there

  • Geordiegiants

    I’ve said this a million times and I’ll say it again. It has got nothing to do with the price, nothing at all. It’s all about how the club is tied up with all of the fat sack ofshits companies.

    • mactoon

      You are right in one respect. He has tied up the club with SD so much that regardless of the price offered by a prospective buyer it will never be enough because he makes so much money with the current arrangements. Even if a buyer offered him an acceptable price for the club they would still have to negotiate a deal to remove SD from the club in order to allow them to bring in paying sponsors. Ashley would want the current SD contracts to remain in place like he did with Rangers and look what’s happening there.

      • Geordiegiants

        There is obviously lots and lots of hidden little deals all over the place. I think it runs a lot deeper than his jumble sale advertising,

        • X2

          Couldn’t agree more.

        • mactoon

          Yes, among other deals there’s the ‘club shop’ run and warehoused by SD. He reportedly tied up Rangers so they only got 7p per replica top so I can’t imagine what he has done to us. If all these client contracts are transferable they will stay with the club when it’s sold and even that may be putting off a potential buyer. I don’t think for one minute Ashley set up all these contracts without transfer clauses.

          • Geordiegiants

            A lot deeper than we will know for years. He will have the office staff on contracts tied to other business he owns, the training ground owned but rented, he is possibly sub letting the land to the club, the stadium. He will probably own or have some connection with agents.
            The ground staff will maybe owned by a company he sub contracts to, he will have connections to every single thing he contracts out, the food the bars, he even has / had connections to doombar beer. He has its ran to his advantage, and he is not getting rid until it’s well worth it. He is not sitting on a business like ours generating £150m ish a year for nothing.

    • Down Under Mag

      Exactly – buying the club is one thing, buying back all the merchandising deals, image rights and probably even the club crest ownership is something entirely different. Given what we know happened at Rangers if people think a sale of NUFC will be straight forward and a clean break from Ashley they are deluding themselves.

      Maybe a break-away club would be a better option! Or we just start supporting Gateshead. Tongue in cheek comments, but it is almost feeling that is the only way of ensuring we support a club that is free of Ashley fingers!

      • X2

        That’s how I feel now as well. Not giving up, though.