Mike Ashley has become increasingly impatient with the whole wait-and-see game currently going on at Newcastle. Whilst names have been mentioned as potential players in the race for the Tyneside club, no names or numbers have been given. Ashley’s about to change all of that by giving a 10 day window for all interested parties.
Prospective bidders for Newcastle have been given until 17 October to register a firm interest.
It is understood the consortia currently looking to buy the club have been told they will have until a week on Friday to show their hands as owner Mike Ashley awaits bids.
Investment bankers Seymour Pierce, under the guise of their chairman Keith Harris, have been handed the task of selling the business and have been contacted by at least eight interested parties.
There was speculation a deadline had been set for today for serious bidders to make formal approaches, although it is understood they have 10 more days in which to do so. (The Independent)
10 days is a fairly short window; but considering the urgency of the sale, it shouldn’t come as a shock to anyone. The current figure being thrown around is £280m to £300m. When you consider that Ashley bought the club for £134.4m and put £250m in over the last 16 months, the current asking price seems like a steal.
Do Newcastle supporters expect someone to come forward with a bid? If so, who would you like to see as the next owner at Newcastle?