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Alan 1:19 Thu Feb 6
Takeover rumours resurface
Toon Blog

Disturbing Report – Saudi’s May Give Up On Newcastle – Will Target West Ham

Written by Dr. Ed Harrison

Football Insider are reporting in an exclusive that the Saudi consortium are having second thoughts about buying Newcastle United and that’s probably because they are finding out that Mike Ashley is an unwilling and difficult seller.

So the report is they may switch their attention to West Ham, who are located in London, a more attractive location and have a massive stadium, and the fans there are loyal.

If this is all true, then it looks like Mike Ashley doesn’t want to sell the club, and to miss out on a Saudi takeover and £200M investment into the club is just absolutely devastating.

It also shows just how selfish and obstinate Mike Ashley is.

If the news is accurate, the consortium also met Ashley’s asking price of £340M to buy the club.

The consortium, led by Amanda Staveley, has been unable to make a deal with Mike Ashley, and it looks like they will now move on.

The West Ham Co-owners David Sullivan and David Gold are nearly as unpopular as Mike Ashley, so the Hammers fans will be hoping the takeover happens.

This is one more takeover situation where Newcastle fans hopes have been raised – although the fans are now very wary of any takeover – and it seems that Mike Ashley is determined to hold onto the club.

Ashley managed to sicken Rafa Benitez after 40 months at the club, so he moved on.

And now he has turned away one of the world’s richest men who was willing to invest heavily in the club,

And by continuing to be the owner, he guarantees that Newcastle will be a mediocre club fighting to stay in the Premier League.

Just like we have done over the last 13 years since he bought us way back in 2007.

If this news is accurate – it’s tragic.

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