Time for Amanda Staveley to up her interest - Maybe £400m isn't too much after all?
by Olly Hawkins · 28 July 2018, 11:05
By Richard Johnson
Until Mike Ashley sells Newcastle United Football Club there will always be rumours of him selling it. How genuine his attempts to actually do so are questionable, but there’s a feeling that he does want out this time – he’s just a stubborn seller.
Am I an Ashley fan or hater? I say this because the Toon Army faithfully always group you as one or the other. I sit on the fence from a far.
Is Mike Ashley the ideal owner? No. Is he the worst owner? No. He is on the scale of course, but looking back at the failing of other clubs (Leeds, Portsmouth, Aston Villa and the scum next door) it’s fair to say it *could* be worse.
So the £400m valuation. Staveley clearly does not value the club at Ashley’s selling price. Thus the deal wasn’t completed in January and thus Mike Ashley still owns NUFC.
My question is this – how can Staveley not rate us as a club worth £400million?
The facts:
- St James Park – a 52,000 stadium packed out every week. A one club city that lives and breathes football.
- Rafa Benitez – A world class manager at the helm who WILL deliver success if given the right tools. Adored by fans.
- The Premier League income and esteem of being in the top flight.
- A playing squad with plenty assets – Jamaal Lascelles a skipper to be proud of and a future England international.
- Training grounds must be worth a quid or two – although this is an investment opportunity given how poor ours currently are compared to many of our Premier League rivals.
Roll forward 12 months or so. Imagine a miracle and we qualify for Europe after Benitez is given the backing he and we deserve. This would up our exposure and our income. What would we value the club at then?
For me, Newcastle United football club is worth at least 400 million. The Fulham owner wants to buy Wembley for 600m – and that is just the stadium. This is an entire football club and one with huge potential under Rafa Benitez.
I live in hope.
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