This is a discussion on Newcastle Not For Sale within the European Sports forums, part of the Sports Forums category; ...
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Newcastle United are no longer up for sale, club owner Mike Ashley announced on Sunday.
Ashley has taken the Magpies off the market and insists he is now "committing to the club as its owner".
He put the Tyneside club up for sale in September after a backlash from fans upset at the exit of boss Kevin Keegan.
"I am happy to end the uncertainty fans may have had about the [club's] future direction," he said. "I know just how important that is to you." <!-- E SF -->
After failing to find a buyer in the past three months despite what the club claim to be "considerable interest", the billionaire sportswear magnate has decided to push ahead with his own plans.
"For me 2009 will be the year in which we drive the club forward together," he said in a statement to fans, published in the match programme for Sunday's clash with Liverpool.
"Even when I haven't been at games I have remained a keen supporter, kicking and heading every ball and cheering the team on TV and being first to congratulate Joe Kinnear whenever there's a good result.
"When I took the decision to put the club up for sale in September I made a point of saying two things were very important.
"Firstly, any potential buyer would have to show they had the best interests of Newcastle United at heart and had both the commitment and finance to be worthy custodians of such a fine football club before I would even consider doing a deal.
"And secondly, I gave you my word that as long as I remain owner, this club would continue to be run responsibly at all levels. I hope you will accept that I have stood by that pledge."
Supporters were divided in their initial response to the news - but former Newcastle player and coach Peter Beardsley has urged fans to forgive and forget.
"He came here with the right intentions and now with the transfer window about to open, hopefully it is good news for us," he said.
"He never wanted to leave this club. He always wanted to be here, he wants to be back among the fans and hopefully he will get the chance to do that now.
"I hope the fans react in the right way. We are a big club and we need a big owner, and he is certainly that.
"When you look at all the foreign owners - and there are some good ones, don't get me wrong - we have an English owner and that's a great thing.
"We can go forward now in a positive vein."
Ashley engaged the services of investment bank Seymour Pierce after deciding to end his ownership at St James' Park following mass protests against his regime in the wake of Keegan's departure.
But, according to Newcastle's official website, he is now set to "allow the club to continue to progress under the new management team led by Joe Kinnear".
Ashley launched a £134.4m takeover of the club in May last year and has since invested around a further £100m in servicing the club's debt and attempting to strengthen the playing squad.
The Magpies currently lie 12th in the Premier League, having recently hauled themselves out of the relegation zone.
Looks like no one wanted to buy them or Ashley set too high a price on them.
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Quote:
Originally Posted by James Deuce in the Shoutbox
11/20/2009 02:55 - So much false hope you have
11/20/2009 02:55 - Ill be loling at you while watching us own you
11/20/2009 02:55 - I cant wait for this game
Looks like they need a buyer tbh, they were hopeless today against Liverpool, they seriously need to buy a few quality players, but nonetheless, there keeper, Shay Given, he was absolutely brilliant in the first half, made some cracking saves, but he just seemed to crack in the final quater, mainly due to the shocking defending, just take a look at Babels goal to notice that there defending is terrible.
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And when there is no hope,
"I'll smoke some crack, I'll shoot some dope!"
When theres no enemies,
"I sit and stare at my T.V.
and in my ignorance,
I'll be a slave and sycophant!"
I'm amazed that Given is still at Newcastle after all this time. A few years ago they were a UEFA Cup side, now they arent even that. All he has won (Thats worthwhile) in his career is the Championship way back in 1995-96.
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I'm amazed that Given is still at Newcastle after all this time. A few years ago they were a UEFA Cup side, now they arent even that. All he has won (Thats worthwhile) in his career is the Championship way back in 1995-96.
I take it you mean the Premiership? Man Utdf won the league taht season and he certainly wasnt part of that squad.
If you mean Blackburn, then he didnt play any ga,mes so he didnt win it.
Edit Actually he was part of the Sunderland team what won the Football League that year, I guess that was the championship you meant
It’s hardly surprising really. We’re in the middle of a financial crisis, and Newcastle are not exactly a team you can rely on to gain success and bring in a return on a possible investment.
Also, the fans rule the roost up there. No sane businessman would purchase that club, and have 50,000 ‘know it all’ barcodes telling him who should be the manager, striker, or the laundry cleaner for the club. It’s just not worth the hassle.
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