Loads of Newcastle United fans have reacted to a claim from football finance expert Kieran Maguire that Mike Ashley would be ‘lucky’ to get £250 million by selling the Tyneside club, according to ChronicleLive.
As per the report, Maguire says that the owner will have to accept that the value of the Magpies has gone down in current circumstances and claims that the chance to sell NUFC for a potentially ‘big profit’ has likely ‘passed’. He highlights that the share price for the likes of Juventus and Manchester United have fallen, with the latter apparently losing a quarter of its original value, as per the expert.
Maguire also raised the fact that if the UK economy plummets, which it is expected to according to him, supporters may not buy as many match day tickets and spending on the likes of catering and merchandise will fall, therefore proving a decrease in revenue and thus contribute to a potential drop in the club’s overall value.
These members of the Toon faithful have reacted to the article on Twitter:
He will NEVER accept that hence the club will NEVER change hands while he walks the earth.
— acpatto (@AnthPatterson) April 12, 2020
The MA empire is losing millions every week. I kinda hope he need cash fast to support sports direct. There for sells up quickly
— Darren Noonan (@darrennoonan30) April 12, 2020
Doesn’t mean he has to accept that #nufc‘s value, along with branding & tv rights won’t go up. The only way to counter a reduced price is to slip in free advertising or club shop tie ins to his retail tat during negotiations. He did it at #RangersFC, he’ll no doubt try it again.
— ▓█T█O█O█N█4█L█I█F█E█▒ (@1usatoonfan) April 13, 2020
😂😂🤣🤣 reinvesting all the fans hard earned season ticket money nufc collected a couple of weeks ago I see! 🙈🙈🙈
— Fordy (@FordyTheGeordie) April 13, 2020
He will never accept it.
— Lucky (@Lucky16538099) April 13, 2020
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