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Danny Mills says anybody wanting to buy Newcastle United needs half a billion

1 year ago

Danny Mills has been talking about Newcastle United.

Just for a change.

Despite having not a single connection to NUFC, not a week goes by without him making some comment on the club, usually a stupid one.

Clueless and lazy just about covers his punditry and this time Danny Mills has been talking about a prospective buyer of Newcastle United.

The former Leeds player says that if somebody does want to buy Newcastle, they will need to have half a billion pounds.

The prospective buyer needing, according to Danny Mills, £300m to meet the alleged Mike Ashley asking price. Although many Newcastle fan sceptical about Ashley having any intention of selling, with claimed willing to sell prices just put out by Ashley’s PR people to deflect criticism that he refuse to sell.

Mills adding, that a buyer would then need £500m in total, with the other £200m needed to be spent on players to ‘guarantee’ they don’t get relegated.

The thing is, it isn’t just about how much is spent, it also depends an awful lot on who decides which players to buy.

Back in the 2015/16 season Mike Ashley had Steve McClaren as his patsy head coach, with no say on which players were signed. Instead Mike Ashley and associates made the decisions and despite more money spent that season than any other in Newcastle’s history, the team were relegated. Due to a poor head coach not up to the job and daft transfer decisions made by the owner, four young inexperienced players from abroad who had never played in the Premier League bought in summer 2015.

Four years later and we have another poor patsy head coach not up to the job who also has no say on transfers, Mike Ashley and his associates making the decisions to spend an alleged £65m on four inexperienced young players who have never played in the Premier League before, as well as Andy Carroll who is usually injured most of the time.

Rafa Benitez had Newcastle playing great football towards the end of last season, scoring 21 goals and picking up 21 points in the final 13 games. If Rafa had stayed and had the freedom to spend the £60m transfer budget plus money from sales, that Mike Ashley claims would have been available, then there is no way Newcastle would have been in the bottom three, they would have been competing for top eight.

However, there was no point in Rafa staying if Mike Ashley was going to impose signings such as £40m Joelinton on him, leaving the manager unable to go for his own targets.

Obviously the dream always was last summer that new owners would come in and Rafa would stay. We can only imagine what he could ave done with Danny Mills’ £200m transfer fund.

Until Mike Ashley sells up and Newcastle get a decent manager, how much money is or isn’t spent is only important up to a certain point.

Danny Mills speaking to Football Insider, the pundit said:

“Valuations are whatever somebody wants to pay for it (Newcastle United).

“(When) You look at Newcastle and that (asking price) is maybe what, £300m?

“They are struggling and they are going to continue to struggle, that is going to take another £200m to guarantee Premier League football season in, season out.”


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