MIKE ASHLEY HOLDS OUT FOR £100m

Steve McMahon consortium must up bid for Newcastle

By MARTIN HARDY, 18/07/2009

MIKE ASHLEY - owner

STEVE McMAHON has been told to find another £30million if he wants to take control at Newcastle.

Former Liverpool player McMahon's Profitable Group made a £70m bid on Friday.

But Toon owner Mike Ashley wants £100m. A US consortium is also interested.

Your comments

This article has 5 comments

NUFC fans are a joke.... u go on about how loyal newcastle fans are and how Mike ashley recked the club blah blah blah, well if ur that loyal and ur club is wrecked y dont u buy ur own club???

By Zak. Posted July 20 2009 at 6:24 AM.

The club is not worth 100million we are in the championship,nobody will pay that plus they is a overdraft and debt to take on.Also new owners will have to fianiance
for club rebuilding.Ashley may have lost money but if he not careful he will lose a lot more.I cannot see the club sold for sometime which leaves us all in limbo.But i for one will not buy anything from his shops till the club is sold and shearer is in place.

By Julie husband. Posted July 19 2009 at 9:36 AM.

Imagine being Mike Ashley. After he sells Newcastle he will never be able to relax. Maybe the chef at the restaurant he goes to eat in is a follower of the toon army. What fun he could have with Ashley's food. Maybe the baggage handler is a toon fanatic. Where in the world will his bags end up. For the rest of his life, he will be haunted by the toon army, because they will never forget or forgive. All because one bored fat, ugly, little rich man wanted a premier club to satisfy his ego, and he never kept his promises and nobody will ever trust him again. Micheal Jackson had better advisors.

By David M. Posted July 19 2009 at 9:36 AM.

This arrogant guy has destroyed NUFC...however he asked for 100m and a realistic offer must be near to that.
What supporters have to realise is this man does not care if the club folds or they flounder in the Championship.Unless the club is sold in the next 2 weeks they will have a mutiny on their hands but it will make no difference.
The people who allowed this to happen are the Halls grabbing what cash they could.

By steve thompson. Posted July 19 2009 at 9:19 AM.

This just shows the ignorance and blindness of "Ashley" a normal man would take what he could and right it off as a bad lesson.
Mind you if comes as no surprise from a man who lost £50m in betting last year. EVEN the resession is getting to big MIKE.
Enough is Enough Sell Up Ashley and let the geordies move on.

By Daz from Newcastled. Posted July 19 2009 at 8:09 AM.

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