Newsletter

Get your daily update and weekly newsletter by signing up today!

Tyne Talk

Must Read: The truth about Mike Ashley not being able to sell Newcastle United

4 months ago
Share

Poor Mike Ashley, if only he could find somebody willing to take Newcastle United off his hands.

He knows he isn’t wanted on Tyneside but would only be willing to sell if somebody genuine did at last come along, rather than all of these time wasters.

In his now infamous PR statement released through The Mail on Friday, Mike Ashley declared that if an ambitious new owner came along: ‘ will not stand in the way of Newcastle United. I will not stop that, if it happens.’

You have to really feel for him, first putting  the club up for sale in 2008, to still not find a buyer after 11 years, just how unlucky can you get?

As well as the handful of named supposed potential buyers, Mike Ashley and his people have made clear that there have been many many other serious (or so they thought…) bidders that have come along, have examined the books and then…mysteriously all disappeared.

Imagine that, to have so many seemingly genuine buyers come along over the course of 11 years and every single one of them has proved to be a time waster.

It is almost not quite believable….

Below is what Mike Ashley said about trying to sell Newcastle United on Friday but before that is a list of when all 20 Premier League clubs last changed hands, entirely sold or somebody taking a majority shareholding:

2011 Arsenal

2018 Aston Villa

2011 Bournemouth

2009 Brighton

??? Burnley

2003 Chelsea

2015 Crystal Palace

2016 Everton

2010 Leicester

2010 Liverpool

2008 Man City

2005 Man Utd

2007 Newcastle United

2003 Norwich

2013 Sheff Utd

2017 Southampton

??? Tottenham

2012 Watford

2010 West Ham

2016 Wolves

As you can see, at least 14 of the 19 others have changed hands since Mike Ashley bought Newcastle in 2007, some of them multiple times. Aston Villa have actually been sold twice in the last three years alone – 2016 and 2018.

Of the other five, Norwich have been owned by fans for the past 16 years, Burnley are also long-time owned by fans but a bit more difficult to pinpoint an exact date you would put, Tottenham are long-time owned by fans although they were listed on the Alternative Investment Market up to 2011 with Joe Lewis involved before he took total control, the Glazers have owned their cash cow since 2005 and then Abramovich at Chelsea since 2003.

The Glazers are onto such a good thing they would never want to let go, whilst another three of the five have no interest in selling, with only maybe Abramovich up for selling now if he gets offered enough, due to a mixture of reasons such as the mad price it would cost to build their new stadium as well as personal life reasons.

Which leaves Newcastle United.

All of those other clubs have been sold/changed control since Mike Ashley bought Newcastle United.

On fact, pretty much all of them have changed hands since Ashley put NUFC up for sale in 2008.

They get put up for sale and somebody buys them, how extraordinary. You would think surely one of them would take pity on Mike Ashley and let him in on the secret.

You might say that some of these clubs were bought for far less than Newcastle’s value (never mind the value Mike Ashley would want…) and/or they were in trouble at the time and needed to be sold.

Well so what? Somebody was still willing to buy the clubs, take on the financial risk and invest money to turn them around.

However, the fact is that in most cases Premier League clubs have just been sold as normal business transactions, owners deciding they want to sell for varying reasons and then finding a buyer.

Sadly, so many Newcastle fans have been ground down by these 12 years and counting of Mike Ashley’s reign, ending  up believing his PR messages that are put out. Making out that our club is nothing special and why would anybody want to buy NUFC?

In the top eight in the Premier League for revenues coming in.

In the top 20 in the world for revenues coming in.

A massive and loyal fanbase.

A city centre location.

A 52,000+ seater stadium with massive conferencing/banqueting facilities (just look at what Tottenham are having to pay for their new stadium, or Everton with their plans for an essential new stadium).

A club that dominates the region.

A great history.

Back in the day Newcastle United used to sell more replica kit than all but a few clubs in the UK, now most fans refuse to buy because of Mike Ashley.

There are so many other ways new ambitious owners could increase revenues to a significant extent, before you even get to what could be possible with success on the pitch. The commercial revenue is no better than when Mike Ashley took over in 2007, quite incredible but not in a good way obviously.

The way Newcastle United is run is an absolute joke but not a funny one.

The truth about Mike Ashley not being able to sell Newcastle United?

It is quite simple, he doesn’t want to sell it.

It is painful when he tries to make out that he is a fan and would only sell to somebody who would take good care of and love it like he does…pass the sick bucket.

There is no valid reason as to why this football club couldn’t find a willing buyer these past 11 years.

If something doesn’t make sense then it is usually a lie.

When the day comes that Mike Ashley genuinely wants to sell Newcastle United, the club will find a buyer.

Mike Ashley PR statement published by The Mail – This extract about a takeover…:

‘Manchester City can afford to have an ageing team; they can afford to just write players off. How can we do that? It’s not possible. Therefore you have to go for the best young players and hope they develop that little bit and become world-beaters.

‘That is our principle and it hasn’t changed for many years. But to compete, I need someone to take Newcastle off me who literally wants to put in £1billion.’

‘So I have to assume I will stay running this football club. There are no offers. Define an offer. I’m not a believer any more. Peter Kenyon convinced me last Christmas that it was going to get done. I’m never doing that again.

‘I think I could own this football club for ever.

‘That is my new mental state. The reality is with these deals that once it gets out, if it’s not done, it’s probably not going to get done.

‘The day someone buys Newcastle, they’ll do their due diligence – and finished. It will happen like Manchester City. By the time the media find out, it’s already complete. There’s no need for a delay with Newcastle. It is, honestly, a very well-run football club.

‘The last bid, the one from UAE, he’s a prince and he’s got £38bn or £100bn, all these numbers — well, why would you even care what you’re paying then? What difference would £10m either way make? You would want speed, you would want certainty, you would want the keys and to get on with it.

‘I will not stand in the way of Newcastle United. I will not stop that, if it happens. If such a person comes along I will think I’ve done quite a good job and I will want to keep going to watch them. I’ll keep a box, because my parents will demand it. Every time there’s a story that I’ve sold, I get the phone call. “You haven’t included our box in the sale?” When you own a football club, the whole family are in.’

Share

If you would like to feature on The Mag, submit your article to [email protected]

Have your say

© 2019 The Mag. All Rights Reserved. Design & Build by Mediaworks