Newcastle United fans here in the Tavern are hoping to see the back of Mike Ashley sooner rather than later, as the sale of the club continues to drag on.
Indeed, Newcastle United’s season has been shaped entirely around the controversy involving Mike Ashley and a supposed takeover at the club, with discussions between the 53-year-old and potential buyers seemingly making no progress. Although, the latest developments surrounding the outcome of the Premier League TV rights auction will come as a relief for fans, as according to reports from the Daily Mail, the ball is now back in Mike Ashley’s court over Amanda Staveley’s £250 million offer to buy the club.
Many of our local northerners are delighted with the outcome of the Premier League TV rights auction, as the rejected £250 million offer made by Staveley back in December may now come back into the picture. Indeed, the businesswoman’s reason behind a bid of £250 million was originally in the expectation of a drop in domestic TV income, which has now turned out to be the case.
So, it now remains to be seen as to whether the Sports Direct mogul will find her previous offer a more attractive sight, with the drop in TV income having an effect on Ashley’s chances of receiving his asking price. Therefore, a takeover may not be too far away for the Magpies, but with Ashley’s stubbornness coming into play, he could wait to seek the services of another buyer.
This is news that Newcastle United fans will have been hoping for, as the drop in income could bring about a takeover much sooner than expected. However, there may still be difficulties in coming to some sort of resolve on the takeover, as Mike Ashley has been well known to make things awkward in the process so far.
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