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Archive for category: NUFC sale saga.

Everything’s in the balance for Newcastle United

June 7th, 2019 | No Comments |

Mike Ashley
Ashley: Another sale saga drags on.
“These are the times that try men’s souls” said Thomas Paine of the American War of Independence, and though Newcastle United may stand on the brink of finally seeing the back of its most unpopular owner (in a strong field of previous unpopular owners), these are indeed trying times as many Toon fans wait in hope and frustration for something definitive to happen. Welcome as it is for most, it raises some major questions with a manager whose future at the club is still uncertain and in the midst of a crucial transfer window for the Magpies. What should the transfer policy be this summer when the manager’s contract situation is still up in the air and Ashley and the Bin Zayed Group grope their way towards a deal? (more…)

Kuwaiti al Arabi chief plotting Toon takeover by next week?

July 10th, 2012 | 35 Comments |

Jamal al Kazemi: Plotting Toon takeover?
Al-Kazemi: Has a few bob.
A report has come into my eyeline from the Kuwait Times (via site user, Stephen C.) saying that the chairman of Kuwait’s al Arabi Football Club, Jamal Al-Kazemi, is:

“Seriously thinking of buying the British Newcastle United football club.”

The report goes on to say that:

“He has finalized all conditions that enable him to acquire the club by next week. The actual negotiations with Newcastle owner Mike Ashley will be clear.”

Next week! Oooh er! Sounds a bit more positive than Ashley’s player negotiations!

However the story then takes a slightly absurd turn when the writer of the piece then added something of his own, writing:

“Ashley has wanted to sell the club since 2009. He bought the club known as “Magpies” in 2007 for £134.4 million and it is said that he is willing to sell it for less than £80 million.” (more…)

How attractive is Newcastle United for a takeover?

October 3rd, 2011 | 65 Comments |

More cash for the club?
More cash for the club?
In my previous blog “The Lesser of Two Evils” many people commented that Mike Ashley has no commitment to NUFC and will sell up as soon as he gets the right offer.

The question that has to be asked then, is, “How attractive is Newcastle United for a takeover?”

If you imagine yourself as a potential investor of NUFC you have to admit that it does look an attractive business move. A huge loyal fan base, who despite their misgivings of the current ownership are relatively content at the moment. All the club debt is out in the open, in a manageable way and is a relatively small given the revenue of the club. The team is playing well and we are flying high in the leagues and cup competitions, if we had beaten West Brom last season we would have only been a few places short of Europe.

Once that debt is cleared (hopefully in a few years) provided we continue to reside in the Premier League we could prove to be quite profitable on a long term investment.

The relegation was fantastic for a new potential owner; all the dead wood and high earners are almost out of Tyneside (Alan Smith I’m looking at you) with a new sensible wage structure and transfer policy in place. I’d argue that maybe another £20 million in transfer fees to get us a new Striker and Right Back / Centre Back would set the team up for a few years; our squad is not in need of a complete overhaul as we have a relatively young squad. (more…)

Newcastle United: The Selling Club

May 1st, 2011 | 57 Comments |

Alan Pardew: A man on a contradictory mission.
Every player has a price.
If we were to listen to the naysayers and those in desperate need of a long course of anti-depressants, the starting XI will be gone come the summer transfer window.

We have always been a selling club, will always be a selling club and unless Ashley leaves, we will remain a selling club. After all, the proof is in the pudding and so far Ashley is just looking to line his pocket with gold. A nugget of truth that somehow ties into todays gutless performance – everybody is for sale. Or something.

The fact is, we aren’t. I know, it’s incredible to think that, but we aren’t a selling club. This season we have sold Andy Carroll.

No, that isn’t a pause for dramatic effect; that’s actually the only sale we’ve had this season. Yes, players have been sent on loan. Yes, players are ‘rumoured’ to be leaving, but if paper talk was 100% true then we’d have Messi and Ronaldo roaming the midfield with Podolski knocking in 80 goals a season and a bench made up of Gervhinho, Hulk, Robben and Shola Ameobi.

Newcastle ‘not for sale’ as prices are frozen.

March 3rd, 2010 | 67 Comments |

Derek Llambias, our much-maligned Managing Director, has been running his mouth off again and has revealed that Newcastle United are no longer for sale and claims fans are beginning to come around to owner Mike Ashley’s way of thinking.

It’s a somewhat surprise statement really as surely any hint of a sale was ended back in October when the club was taken off the market for a second time after again failing to find a buyer, but Derek Llambias believes Ashley is now beginning to show just how committed he is to the Newcastle cause.

Speaking to Sky Sports News, PR disaster Llambias had this to say about Ashley’s commitment to the team: (more…)