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Newcastle up for sale


David

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38 minutes ago, richinspain said:

Is that one of those images where they do a mirror image of one side of your face?

yes the backside.

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Newcastle United is being put up for sale at the "right time" by owner Mike Ashley and is in a "healthy position", according to a sport finance expert.

Ashley bought the club, promoted to the Premier League last season, for £134.4m in 2007 and hopes to sell by Christmas.

Newcastle turned over £126m in 2015-16 and Dan Plumley, a senior lecturer in sport business management, believes it is now worth "in the region of £300m".

"It is an attractive proposition," Plumley told BBC Sport.

http://m.bbc.co.uk/sport/football/41648916

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  • 2 months later...

I read somewhere that Ashley has spent £360m on Newcastle over the years and that he wants that back at the very least. The problem that he's got is that he hasn't been able to generate a competing bid to create an auction that could up the price. Staveley's the only game in town and she knows it.

The gamble that he's taking is that Newcastle will stay up. If they don't then Rafa will probably go - he may do anyway - and the valuation will plummet. It'll be interesting to see whether Ashley sanctions any transfer deals in January to help avoid relegation or whether it's all bluff and double bluff.

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On 17/10/2017 at 13:23, RadioactiveWaste said:

She seems surprised at the news!

Anyway, has he tried putting an "80% off" tag on it? Was £8bn now just....

Its not the cost of the club being a problem ,its the cost of the number of carrier bags they need to buy to get rid of the crap.

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