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Toon for £100m

Toon for £100m

So Mike Ashley has put a price of £100m on the club, trying to take some cash and run from the mess he's made.

After getting the club relegated from the Premiership Fat Ash is trying to recoup some of the money he so-called 'invested' into the club. Having loaned the club around £66m, so the new buyer will really get the club for £34m plus the amount of the loan to take the price to £100m.

Once you strip away the high earners and players who didn't cut it at the club Newcastle should receive around £40m from player sales. Investing around £20m for new players would mean the new buyer only needs to spend around £80m to save the Toon. A bargain in anyone's book!



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Click here to join in the debate on the club forum.

Writer:Ross Molyneux
Date:Monday June 8 2009
Time: 5:58PM

Comments

0
I'm convinced a very credible offer will come in for Newwcastle. The club is too big to stay in the Championship and will attract some clever money who will see the long term picture. The feelings against Ashley are very strong up there I know. You need to draw a line under that mess and get on with winning football games again. I'm going to bet a few bob on you getting promoted straight away.
Sindbad
08/06/2009 18:05:00
0
lot of cash for a Championship club!
merlin
08/06/2009 19:29:00
0
hey...buy marc janko, ruud van nisterooy and jermaine beckford!!!!! offload all high earners...so that we can buy them...! get rid of mike ashley for god damn sake...middle east businessmen are rich..good..hope fred is bac as owner as well
newcastle 4eva
09/06/2009 10:08:00
0
marc janko.7mil..ruud,1.25mil!!!!!!!!!!!!!!!!!!
newcastle 4eva
09/06/2009 10:08:00
0
I sent a fake email to the email address offering to buy it for 1 pound. It was a take it or leave it offer, but I havent got a reply yet... :P
JT_daniel
10/06/2009 11:25:00
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