Friday morning sees a Newcastle United takeover update report regarding Peter Kenyon.

This one very much falling into the ‘believe it or not’ category.

The ‘exclusive’ claims that Peter Kenyon is now looking for smaller investors to make up the alleged shortfall in cash that he needs to buy Newcastle United.

The report states that the former Chelsea and Man Utd Chief Executive is inviting investors to be part of the buyout if they can come up with £1m.

The silly season just got a whole lot sillier.

This whole thing just sounds more and more ridiculous by the day, it is almost as though somebody is running a PR campaign of planted/’leaked’ stories in the media that wants to make an alternative potential owner sound even worse than Mike Ashley.

I just wonder who could possibly benefit from putting out such stories…

Already people have reacted on social media saying what is the point of this potential Peter Kenyon buyout, if he can’t even raise the money to buy the club, never mind have money to invest in helping to turn around everything that is wrong at NUFC, on and off the pitch?

The ‘exclusive’ (see below) in The Sun also makes that point.

They also say that Kenyon’s supposed plan/proposal would also mean he wouldn’t have the full purchase price ready either and would pay by instalments.

Are we really supposed to believe all this?

Unless it was a money no object part of a much bigger plan thing like what has happened at PSG and Man City, then buying a club mid-season that is in real danger of relegation, wouldn’t sound impossible. They could see a relegation as just a temporary obstacle that would just delay them in moving the club towards success, using their massive wealth.

However, that is clearly not the case here, if you really believe Mike Ashley is interested in selling Newcastle United and you believe Peter Kenyon is struggling to raise the money from investors. If we did accept these things as true, then you have to bear in mind that people would only ever be investing in the hope of making a profit in X years time.

On that basis it is impossible to see any consortium and especially smaller investors, risking their money at this point, in what is basically a no-win gamble.

Say that you believe all the previous reports on Mike Ashley willing to sell, but only at his £300m valuation, AND you believe Peter Kenyon is leading a bid and welcoming all levels of investors…

Why on earth would they risk money at this point?

If the club stays in the Premier League it would still be valued at £300m (how can you believe it could be more than that when you look at how much work needs to be done???).

If the club is bought now for £300m and it ended up being relegated, then it would be worth probably around £150m-£200m. So the imaginary Peter Kenyon millionaire club investors, would immediately become half a millionaire (value) investors.

For what it is worth, I think it is laughable the idea that any takeover is going to happen during this season, if ever…

The Sun:

‘Desperate Peter Kenyon is appealing to investors to back his Newcastle takeover attempt – by offering them a minimum buy-in of just £1million.

The ex-Manchester United and Chelsea chief executive is still searching for the £300m needed to complete his purchase of the Toon.

And SunSport has learned that Kenyon is so anxious he is now doing a whip-round of anyone able to cough up a seven-figure sum.

Even then, the British businessman would only be able to pay Toon owner Mike Ashley in instalments staggered over the rest of the year.

But Kenyon is buoyed by Ashley viewing him as the “best fit” to buy the club.

And he is determined to get a deal over the line by any means possible, having spent weeks looking over Newcastle’s books and working with lawyers.

Kenyon’s struggle to meet Ashley’s asking price, however, does raise doubts about his suitability for St James’ Park.

When Ashley put Newcastle up for sale in October 2017, he claimed a new owner must have the investment necessary to take the club to the “next level”.

But it remains to be seen how Kenyon will find the money needed to strengthen Newcastle’s squad, even if he manages to successfully buy out Ashley.

In the meantime, Ashley has no intention of providing Rafa Benitez with any meaningful money to purchase players in the transfer window.

The Toon boss, who is likely to leave when his contract expires in the summer, expects to be left looking for loans and bargain deals at the end of the month.

Newcastle have won only one of their last nine games in all competitions.’



  • Squintytoonarmy

    Shearer, ant & Dec, sting, Bryan ferry, Jimmy nail, Moscow could pull this together

    • Mr_Kinnear

      I wonder why they haven’t tried previously! Perhaps their financial Advisors have said ” don’t be so effing tupid”.

    • WildBill

      Jimmy Nail coming off that list and Brian Johnson going on and you’d have something. There’s plenty of rich Toon fans who could be minor investers. If only more people had bought Stiff Little Fingers records we’d be laughing.

    • Themoscow72

      On a serious note I would sit down with the interested parties and say this. Pay Mike Ashley £200m now up front and then another £10m over the next ten years which is small beer when the club is capable of generating up to £60m a year in profits before player trading. Another way is to get some other wealthy investor on board and he could be deputy chairman. If they have £200m my plan would work.

      • Wezza

        You dropped yourself in it there – 60M a year profit? You claim Mike hasn’t taken a penny. Where’s the money gone? If you’re going to start trolling again you’re getting blocked.

        • Themoscow72

          The money has gone up a couple of years ago by a significant amount so providing we stay in the Premiership the new owners should be looking at £40m to £60m profit before player trading. Also he has not taken a penny from the club except for repayment of loans as it needs to be disclosed in the accounts that is how I know,.

          • Toonarden

            If he’s been taking out money to repay his loans why does his asking price never go down? Give your head a shake man.

          • Themoscow72

            The price does go down but he has only taken £10m out. Club should be worth round £280m now thanks.

          • Wezza

            “Also he has not taken a penny from the club”

            You know that statement is false.

          • Tweed Mag

            He’s waffling again.

          • Themoscow72

            Straight talking sense as normal.

          • Tweed Mag

            Good one Monk, on form today.

          • Themoscow72

            It’s a legal requirement to state it in the accounts. If it’s been omitted could carry a jail sentence.

          • Wezza

            Or be investigated like Grant Thornton.
            There is also a section that states transactions between parties do not need to be stated.
            There’s a reason he is a hated billionaire and isn’t by playing by the rules.

        • Themoscow72

          Only three years ago we just got over £70m in T.V. money and league placings. The figure now for last season was a staggering £123m so that is £53m more. So now we are profitable before that we were not. So break even at best before now good profit hope that makes sense and believe I am not a troller just an ordinary working class supporter with loyalty points.

          • Wezza

            What do you have as our current wage bill? (estimate)
            Keep in mind it is our lowest in years and years.

          • Themoscow72

            The wage bill in the next set of accounts should be round £100m no more. This includes £10m in bonuses £10m for Rafa and his team, £12m for National Insurance and pension payments and administration staff. At the end of March you will see how close I am. The likes of Shelvey alone will be on £4m.

          • Wezza

            Wrong. Not even half. The last Championship wage bill should have been wage bull! There’s money being shifted around all over the place. Maybe that’s why there’s isn’t a buyer.
            You will claim victory when the accounts come out but I know for a fact that wage bill you stated is utter false.

          • Kev Newcastle England

            Ive got many loyalty points too but it means sweet FA to me

      • Tweed Mag

        The company you used to work for (Tui) is in debt to the tune of 2.6 BILLION euros. Not sure you are the best qualified to offer advice.

        • Themoscow72

          Not the division I ran.

          • Tweed Mag

            You should be a groundsman then, always moving the goal posts . . .

          • Kev Newcastle England

            Pmsl

  • Kenny

    Everything about buyouts & transfers is Fake News.
    No sale, no players bought.

  • Scott wood

    It’s the sun what else do you expect

  • Tweed Mag

    Story emerges the day after Ashley moves in on Debenhams.
    More spin.

    • Peaky

      Yes…wasn’t he behind a vote to get rid of the CEO…?? What aTwat….

      • Tweed Mag

        Yes, him and others. To be fair, he must want to protect his investment (30% shareholder). Unfortunately for NUFC it is another expensive diversion for the oaf. He is pouring his money in to the high street which is in decline. More people to lose their jobs or work under rubbish SD contracts.

        • Peaky

          Just a thought but how far can he go before The Monolopies Commision need to have a look…??

          • Tweed Mag

            Once he has Halfords, Currys, HMV and Homebase!!
            Seriously I hope he overstretches himself financially and the price for the club drops to a more reasonable price.

          • Billmag

            I also hope he overstretches himself so he gets a massive hernia and falls over, horrible oaf.

          • Peaky

            😂🤣

          • Rich Lawson

            And the Cluedo Commision. It was Ashley in the boardroom with a dagger (in Rafa’s back)

          • Tweed Mag

            There should be more than one Monopolies Commission. It’s a wonder they get away with it.

          • Peaky

            😂🤣😂

  • Dillon Tovak

    If there’s talk of “struggling to get it over the line”, it’s complete 🐂💩

  • Sumit Sengupta

    So… if Mr. Kenyon needs 100M more to meet the asking price and people of all kind from all over the world with at least 1M chip in, that will be the new NUFC ownership? Weird.

  • Peaky

    🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂

  • Mr_Kinnear

    It just gets funnier by the day. Whatever happened to the 3 other serious bidders? I will ask my source.

    • Vincent Gigante

      This is bar far the most amusing story so far. It just doesn’t make sense on so many levels but then you look at the paper that put the story out……
      I wonder if the ViZ will put a counter story out? No disrespect to the ViZ of course!

      • Mr_Kinnear

        My source has told me the BBC had made a bid. They have been looking for a North East based Soap for sometime. Although they are concerned that viewers won’t believe something so ridiculous as the decline of NUFC.

        • Vincent Gigante

          I was informed over Christmas that Widow Twankee, the ugly sisters and seven dwarves had formed a 10 man consortium which would look to make a move to take over the club around mid January after they had completed prior commitments.

          • Mr_Kinnear

            So now with Kenyon, Cook, BBC soap dept and widow twankee troupe, we know the four bidders. I will send the details to the chronicle and they can have an exclusive.

  • Paul Patterson

    Still got 20 days of this 💩to put up with . .

    • Almost half of January is gone and I honestly believe we will get relegated.
      Rafa just looks badly outgunned against almost any side in the Prem now.
      Few key injuries happened and players started to underperform and there you have it.
      We count on one man to get any goals, none of the other players besides maybe Perez and Atsu don’t look even close to scoring.
      No matter how good you defend, if you can’t even score 1 goal average per game you will likely get relegated.

      • Peaky

        It’s also sadly looking that way for me.

  • Lostprofit DBC

    Never believed the Ashley interview but (gullible me), did believe the media/press association claims. As this story and others like it are from the very same people, I feel the deal is either dead or never existed, pure PR.

  • Toonarden

    If someone bought the Toon they only need to use the money made at the end of the season to bring in transfers etc and also let Rafa wheel and deal. What was it? – something like £120m at the end of last season and Rafa never saw a penny of it. The main thing is to get the toxic presence of Ashley OUT and take it from there I’d have thought. Growing steadily is better than having NO HOPE!

    • ANK

      Well said! Let’s have faith in the current squad/Rafa as I doubt anyone new will arrive this window.

    • porciestreet

      100% agree with that. The premier league make payments via league position, tv rights etc, etc, so there would be a substancial income. The big problem is that fatty wouldnt part with it.
      Getshotofthefatcunt first, ad let tomorrow take care of itself.
      After all , all Kenyon thinks about is football….a bit of a marked difference from the fat git.
      Bring it on.
      FATBASTADOOT.
      HWTL.

    • Pezza

      I mean, nobody needs to pay wages.

  • ANK

    If he is supposedly scrapping together enough finds to buy the club where is the money for transfers going to come from? It doesn’t sounds like a lot of players would be arriving if it was conducted before the window closes?

  • Brian Standen

    Working on that theory if I put a fiver in, errrr and 200,000 more join me we can join the syndicate!
    Only need another 99 of those syndicates and we are there!
    What a healthy way to buy a football club, no wonder Ashley is not letting go!
    Makes steptoe and son down the road look almost credible!
    Who invents this drivel?

    • Alex

      Keith Bishop.

    • AbusedCourier

      I’ve 2/11 in old ha’pennies. Can I join?

      • Brian Standen

        Yes of course! I will set the ball rolling with £20 in 5p pieces out the kids jar!
        Plus £5 out the leccy tin, the provvy man is due, I will hit him for £20!
        There you are £35!

  • Themoscow72

    Where is that Amanda lass no where to be seen a complete waste of time. Where are the Magpie Group a complete waste of time. Where is big mouth Shearer always having a go at Ashley but all words no action. Never put a penny in to buy the club.
    In short these people talk a great game in how to run the club but when it comes to action and doing it they run for the hills.

    • Wezza

      Then there is you who doesn’t even talk sense let alone a great game.

      • Paul Patterson

        Up he appears, regular as diarrhea . . 💩💩💩

        • Pezza

          Jesus, here’s two of the finest minds joining forces.

    • Westdentoon

      Because your hero has this club in ball and chains. I hope you have enjoyed watching him systematically destroy the infrastructure, ambition and morale of our once top six club.
      At least we have a good looking balance sheet eh..
      I hope you enjoy licking your mans hoop next season in the championship.

      • Peaky

        MadMonk actually thinks we’ll win at Chelsea tomorrow….seriously the fella isn’t right..

        • Westdentoon

          Warped mentality at best..

        • Paul Patterson

          Even if we did, what does that prove? Even a f****d clock tells the right time twice a day..

          • Peaky

            It’s that ridiculous catch 22 situation we find ourselves forced into…..if by some miracle we manage even a point at Chelsea Fatty’s way of thinking will be we’re good enough with what we’ve got, so off you go Rafa shut up I’m away to buy Debenhams…

          • Paul Patterson

            Nah, he won’t do that. I’ve heard we’re after a striker- Somebody Spencer?

          • AbusedCourier

            I heard it was Marks.

          • Rich Lawson

            Frank ?

          • Rich Lawson

            Forced the Chairman off the board yesterday !!

          • Peaky

            He’s up to something alright…devious..

        • Themoscow72

          Rafa sacrificed Blackburn and Sunderland so we must win so no point chucking them two games do you not agree.

          • Peaky

            Ok…we”ll beat Chelsea 3-0…Super Perez will get the perfect hat trick….left foot,right foot and a thunderous header aided and abetted by his Brylcreem….are you happy now…???

          • Rich Lawson

            Don’t forget the fingers in ears.

          • Wezza

            Do you seriously think our threadbare, non invested squad can beat Chelsea? Enjoy the trip to London to watch relegation football from us. There is no way you can be happy with “Mike” you’re a nutcase.

          • Themoscow72

            All trains cancelled after match so that is another problem when I come out but if we win will not care.

          • Wezza

            Have a good journey but you can’t blame Rafa despite the result. Your mate Mike hasn’t let Rafa strengthen the team. The fact you are happy with it is baffling. I think you waste your time following the club with this leader.
            Monk listen, seriously, we are not set up to be a proper football team. It is all about the money and there is no investing. Seriously why can’t you see that? The football doesn’t matter. 17th or above aim and pocket the TV money.! Every season a relegation battle thanks to your mate Mike. Then next season – and the season after. Seriously please listen and respond honestly.

          • Kev Newcastle England

            How long wilk it take to walk home???….Chelsea 6 nil win

          • Kev Newcastle England

            Wtf had SMB game had to with anything?

      • Themoscow72

        However it is not a top six club. We were five points off relegation when he took over and £156m in debt sinking fast.

        • pedrodelgardo

          We are not a top 6 club – we are a 17th on the lowest possible spend “club”/advertising hoarding

        • Vincent Gigante

          Tut Tut Tut. I’ve pulled you up before about this 5 points from relegation when fatty took over. We were totally clear of relegation and only picked up about 6 points after getting knocked out and just missing out qualifying for the UEFA cup quarter finals at the end of March.
          We finished on 43 points. Do you recall who finished on 42?

          • Paul Patterson

            Oooh, oooh, I know. .

          • Vincent Gigante

            Does simple Simon though?

          • Themoscow72

            We were still five points off relegation not a top six club.

          • Vincent Gigante

            Nowhere near relegation, we had nothing to play for and the season drifted away.
            The answer to the question of who finished on 42 points ? You still haven’t answered……

        • Mr_Kinnear

          Surely you agree that the potential is there, with the right investment the club could have been in the top 6 by now.

        • Westdentoon

          We were widely tipped and expected to finish top 6 season after season and you know it.
          We may indeed have been having a poor season when he took over, however we were still a club that could attract top players and one that was respected worldwide.
          Again, your hero has shrunk this club into a shadow of its former self. Why the hell you defend the man is beyond me. He has brought chaos and calamity from the moment he arrived.
          I’m guessing your an accountant who gets a hard on over a balance sheet…

    • Mr_Kinnear

      Perhaps no one thnks NUFC is worth 300 million.

      • AbusedCourier

        It is’nt! Worth approximately £190 million at most.

      • Leazes.

        Its not… its worth about £700m to £800m

    • Tweed Mag

      Where is the £60m you said was available for this transfer window Monk?
      Perhaps there is a No10 called D. Ebenham on the way.

    • Brian Standen

      Mind that Amanda lass was pleasing on the eye if nowt else!

  • Peaky

    Leazes is quiet on this one….baton down the hatches and brace yourselves for a 5000 worder….

    • Brian Standen

      A grammatically perfect 5000 worder!

    • Leazes.

      ‘its bull’. (2 words) you are miles out.

      • Peaky

        🤣😂🤣

  • Mr_Kinnear

    My gran has some greenshield stamps and my uncle Tommy has a jar of half crowns. Along with my air miles and Northen Rock shares we could invest as a sub-investor. Does anyone have Kenyons e-mail?

    • Peaky

      .Leazes probably 😂🤣….I bet he knows where the name Kenyon originates from…

      • Leazes.

        Look it up yourself.

        …..and while your at it look up companies house to see if Kenyon has set up any companies for a takeover as a receptacle in the last year….

        …. he hasn’t.

        • Mr_Kinnear

          I believe you need tbd name of the company first. Then you can pay to get the names and addresses of the directors and secretary. I have done this before. There could already be a parent holding company in Place and they buy NUFC. It’s the normal way of things

          • Leazes.

            ….or just look it up….its free! companieshousebeta

            I use it all of the time, tells you who is in partnership with who…. filling records…. accounts, addresses etc.

            There are lots of Peter Kenyons…..ours is 1954 if you want to search.

    • Mxpx

      I’ll chuck in my club card points

  • robbersdog

    Perhaps Wonga can lend him the money he needs?

  • TeessideMag

    Someone like Shearer should approach him about buying in… At least then we could find out if its all true or just a load of bolox.

  • mactoon

    The stories just don’t add up. Ashley wants a buyer who can take the club to the next level, Kenyon comes along and is ‘reportedly’

    £100 million short of the purchase price
    Struggling to get the money together
    Now looking for investors to provide £1 million each to become part of the ownership

    If at this stage, having looked at the club books he is suddenly asking for additional investors it would indicate he hasn’t got a business plan or investors in place.

    How can he take the club forward and how can he be the ‘best fit’ in Ashley’s eyes, especially given how he dismissed Staveley’s bid for similar reasons (not having the funds to complete the deal)

    Silly season indeed, only at Newcastle eh?

    • Paul Patterson

      Because it’s not real . .

      • mactoon

        It would make sense if the investors behind the Kenyon bid have reviewed the results of the due diligence and valued the club at £200 million and are only prepared to put that amount up

      • Kneebotherm8

        It’s another phantom bid……..the pantomime villain strikes again….

    • Vincent Gigante

      It doesn’t make sense. Peter Kenyon would not need to or do this.

      • Peaky

        You’re right he could do with coming out and making a statement of some sort surely…

    • Mr_Kinnear

      Of course you assume the “next level is up? As NUFC have not quite reached rock bottom” there are lower levels which can be aimed for.

    • Jonas

      The lie is unravelling everywhere, shame professional journalists can’t/won’t see it – either way that’s exactly why they should be terminated. (from their jobs, although for some….)

      • mactoon

        They say to be a good liar you need to have a good memory so as to not repeat or contradict what you’ve said already.

  • Alan Pardew

    Ask me for 25% of my money and you’ve got no chance.

    • Lord

      Come on Alan, will all those payouts from multiple sackings, you must have £1m you can chip in.

      • mactoon

        God forbid, he’d want to be manager

        • Peaky

          😂🤣😂🤣

    • Rich Lawson

      We’ll let you be Manager ?

  • AbusedCourier

    There’s a very simple reason Kenyon is £100 million short, that’s all his backers think the club is worth and won’t overpay for a rapidly diminishing asset.

  • Peaky

    It’s all rubbish….as I’ve said on here before knowing our luck Its probably Peter THE Kenyan and a Nigerian Consortium….”so if you just give us your bank details we’ll transfer those funds immediately”…..

    • Kneebotherm8

      😂😂

    • Rich Lawson

      Not a consortium at all,I only provided my account when I was assured he was a Prince and part of the Royal Family.Looking forward to my seat in the director’s box next season in Europe.

      • Kneebotherm8

        😂

  • Brian Standen

    Will he take Green Shield stamps or Tesco Points to join his consortium?

    • Peaky

      My missus says we’ve got a bit on her Nectar Card if that’ll help..??

      • mactoon

        I’ve got £14.36 on my Co op card… I’m in !

        • Peaky

          That’s it….on a roll now…

          • mactoon

            Cue Bob Geldof pleading “Put yer hands in yer pockets”
            Delia Smith staggering round slurring “Where are you? Let’s be ‘avin you”

            Where’s Big Hec with his bucket when we need him

          • Peaky

            We could do a Geordie Live Aid…release a single….”Do They Know There’s A Transfer Window At All”….

            Big Hec by the way…there’s a name and blast from the past…

          • Brian Standen

            Indeed – its over 20 years since he died. Collected well over £1 million for various charities
            Gentle Giant and NE legend

          • Peaky

            Over 20yrs….unbelievable…

          • mactoon

            23 years in March

          • mactoon

            Aye you would always get collared for money before and after the match, it was hard to say no because he was such a lovely guy… that and seven foot tall !

      • Rich Lawson

        Asda be a good thing ! (I know,but it’s nearly part of Sainsbury’s)

  • Blackburn1066

    I do not want this man to take control of NUFC as he has not got the cash or the backers to take us away from where we are now. He is someone who can buy a flash car but has nothing left to put petrol in the tank.

    • mactoon

      We don’t know how much the consortium have set aside for the year on year running of the club. Maybe the investors have done due diligence and decided the purchase price is only £200 million. That doesn’t mean that’s all they have.

  • Superdooperhooper

    If it’s in the sun then it must be true . That august publication is a byword for quality honestly and integrity. Said nobody . Ever .

  • Kneebotherm8

    But Kenyon is buoyed by Ashley viewing him as the “best fit” to buy the club.

    What a load of cobblers that statement is.
    If Ashley ever sells,and that’s a big if,then he will sell to anyone and he’ll not give two fcks who buys it or what the clubs future is……

    • Leazes.

      Kenyon is a friend of Llambias… I wouldn’t put it past Ashley to use him as a surrogate figurehead for a continued operation to diffuse his continual ownership….

      ….I’ll get the champagne out when the SD signs come down and Charnley is no more……not before!

      • Kneebotherm8

        That’s exactly what he’s doing with Kenyon……..more fabricated bullschitt by Ashley………if he ever had any intention to sell the club it’d have been done and dusted behind closed doors…….I just wonder who’ll be the interested party in buying the club from Ashley next December,and the December after that….
        Put the champagne on hold……..it could be a long,long while before you pop the cork on that one Leazes…

  • Shipcote Willy

    No intention to sell, never has and has no intention of spending anything in the window either. Everything else is PR and hype. Ashley is just a big boil on the club.

  • SAMTHECAT

    No smoke without fear, you get the definite impression he just doesnt have the funds to buy let alone transfer funds on top and capital investment in the club on top. Also no one in their right mind would buy until Premiership survival is guaranteed.

  • Rich Lawson

    Smacks of desperation,what do these £1mil’ contributors get in return ? If he has to go to these lengths to actually manage to buy the club how can he possibly provide funds for transfers/training ground improvements etc ?

  • Phildene

    The club never was and never has been for sale and anyone who think otherwise is on another planet!! All this rubbish talk about consortiums, Peter Kenyon ( who just happens to be a friend of Ashley’s) is total shyte. If you notice it’s all paper talk, especially from the Sun so pure shyte.

    • Leazes.

      Mark Douglas and Lee Ryder are still pumping out the lie at the chronicle like gooduns……….that means it’ll be taken up by the Nationals and TV news companies as well……

      So long as Douglas does this Ashley is safe, and so long as the chronicle hires him Newcastle is doomed.

      Ashley wouldn’t have survived anywhere else without a compliant ‘kingpin’ to feed the rest of the media.

      …. They are still implying that the ba stard is a willing seller!

  • DZA

    How Kenyon going to run a football club and purchase players if he cannot afford to buy the club in the first place.

  • Jonas

    The thing is if a Kenyon only reinvested the money the club makes it would be a 100% improvement on the way things are now, The majority of PL clubs that blow us out the water do only that. This is why we’d be better owners – paid advertising, no club merch cut off, and club funds reinvested.

    Every potential buyer of NUFC seems to have the same problems – Barry Moat, Amanda Stavely, Peter Kenyon and co. – Doesn’t seem to happen anywhere else once. What’s so unique about our club – oh yeah, the scumbag, sabateour owner.

    Its all a ‘i tried to sell’ to stave off Rafa going and fan protests – I’d like to say it hasn’t worked but have my doubts regarding the fans response.

    • Martin Rooney

      They just don’t have any money

      • Jonas

        then what’s so unique about us that we attract people and have elongated discussions with them when they ‘just don’t have the money’

  • Jonas

    How can things be in advanced stages when the asking price hasn’t been met.
    Surely that’s stage one. Without that there’s nothing else to be discussed.
    Without that bidders are no further forward than we are re buying the club.

    This particular story is bulls**t within bulls**t.

    If remotely true it proves that this is a fakeover – yet they won’t abandon the story.

    • mactoon

      The two parties would get together and agree a ball park figure for the club subject to the results of due diligence and proof of the buyers funds. Once this has been carried out they will revisit the ball park figure and see if they still think it is a fair price. Much the same as buying a house, the buyer very rarely meets the asking price straight away.

      • graham18

        in theory yes but Kenyon is dealing with the FCB on this one

  • Will Venus

    Ashley is currently negotiating, or people on his behalf, to purchase the Dingles store in Exeter. It closes down at the end of January and he wants to refurbish it and open a Flannels store to add to his chain. So there goes every penny NUFC has generated that was promised to the Manager for this particular transfer window then

  • AbusedCourier

    There’s a very simple reason Kenyon is £100 million short, that’s all his backers think the club is worth and won’t overpay for a rapidly diminishing asset.

    • Glockas

      Of course the club is worth 300 million. It’s not for sale hence these stupid stories keep on circulating. Fake news, move on.

  • JohnnyH

    Monk will step in and buy it for him and his mates
    Yawn………………..

  • Mrkgw

    We are now stuck in oblivion. Kenyon the saviour? Not now it would seem…..

  • Cushty lad

    Sadly i’am beginning to think the only way to get rid of Ashley is to follow the Sunderland plan & drop into the lower tiers. The end of the tv money would surely make him sell…………wouldn’t it??? And at a massive loss hopefully. However, how long would we take to recover. 5, 10 , 20 years?? Twist or stick! Depressing either way. Can’t see an end to it..

    • mactoon

      Can you really see Ashley selling anything for a loss?

      He will trim the wage bill get players in who are good enough to get back to the Premiership and start all over again. That’s his MO, it’s what he does.

  • Rob

    We need a multi billionaire not someone who can’t even meet the asking price. The amount of money required for players and facilities is massive.

  • graham18

    why doesn’t Kenyon ask Amanda stavely for help?I know it’s clutching at straws but anything at all to get rid of the FCB

  • zack

    if i were a billionaire, i still wouldn’t pay 300 million for the team, my valuation is 100 million, anyone who pays more than that is a fool, every aspect of the club is in near disrepair. 200 million is needed just to make the club respectable again, plus 100 is 300 million, that would be the most i would be willing to spend. no one is going to want to put out 500 million, it just isn’t going to happen, we’re headed for a long stay in the championship, and i’m just about done caring. this is the only club i care anything about, i don’t watch champions league, i don’t watch any other divisions or leagues, i wouldn’t even consider myself a huge fan of the game, i love the mags, and if they’re toast, the hell with it, i live in a city with the NFL, NBA, NHL, and major league baseball, I have a family, I’m not far from las vegas- i have plenty to do, and if this club is going to continue to offer me nothing but disappointment, i can fill my saturday mornings in many other ways. I really feel for people who live in newcastle, who can’t escape this madness, i just turn off the tv and no one even knows what NUFC is, no one i know talks about it, no one cares, actually they laugh at me for loving this ridiculous team, I try to tell them how great they were, all it draws is big gales of stupid laughter, and i’ve found myself laughing along with it, because what else can i do now? nothing else, i have no recourse, i give it no money, the only thing i have left to withhold is my attention, fine so be it.

  • 5floorshigh

    next week Peter Kenyon appears on dragons den for a £100M investment for third of the business

  • Realist99

    Kenton and Staveley both brokers who have no money of their own and are just trying to make a fat fee from any deal.
    Even worse they are the same as people who come round to view your house when your trying to sell it but actually haven’t sold there’s nor got a mortgage.
    Both time waster and it would be a disaster if either took over.