Thursday, October 18

Premier League

Newcastle United

 

Mike Ashley 'demands £400m for Newcastle United'

Newcastle United owner Mike Ashley reportedly places the club's mooted takeover bid in doubt by raising his asking price to £400m.

Newcastle United owner Mike Ashley has reportedly revalued the club at £400m in a move which could put off potential buyers.

Amanda Staveley emerged as a prospective buyer for the Magpies late last year but, according to The Sun, the new price will deter the businesswoman.

Staveley and her equity company PCP Capital Partners were reportedly close to buying Newcastle for more than £300m before the talks with Ashley broke down.

According to the report, the revaluation has cast doubt on the possibility of Staveley tabling a fresh bid and raised questions about the future of Magpies manager Rafael Benitez.

The Spanish coach is said to have been banking on a successful takeover bid to provide him with a transfer warchest for next season.

Consequently, the former Liverpool boss could reportedly consider managerial opportunities elsewhere due to his budgetary restrictions at St James' Park.

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Premier League Table
TeamPWDLFAGDPTS
1Manchester CityMan City86202131820
2Chelsea86201851320
3Liverpool86201531220
4Arsenal86021910918
5Tottenham HotspurSpurs8602157818
6Bournemouth85121612416
7Wolverhampton WanderersWolves843196315
8Manchester UnitedMan Utd84131314-113
9Watford84131112-113
10Leicester CityLeicester84041412212
11Everton83321312112
12Burnley82241012-28
13Brighton & Hove AlbionBrighton8224913-48
14Crystal Palace821559-47
15West Ham UnitedWest Ham8215813-57
16Southampton8125614-85
17Fulham8125921-125
18Huddersfield TownHuddersfield8035417-133
19Newcastle UnitedNewcastle8026613-72
20Cardiff CityCardiff8026417-132
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Select and display your favourite team's news and scores in this panel
Premier League Table
TeamPWDLFAGDPTS
1Manchester CityMan City86202131820
2Chelsea86201851320
3Liverpool86201531220
4Arsenal86021910918
5Tottenham HotspurSpurs8602157818
6Bournemouth85121612416
7Wolverhampton WanderersWolves843196315
8Manchester UnitedMan Utd84131314-113
9Watford84131112-113
10Leicester CityLeicester84041412212
11Everton83321312112
12Burnley82241012-28
13Brighton & Hove AlbionBrighton8224913-48
14Crystal Palace821559-47
15West Ham UnitedWest Ham8215813-57
16Southampton8125614-85
17Fulham8125921-125
18Huddersfield TownHuddersfield8035417-133
19Newcastle UnitedNewcastle8026613-72
20Cardiff CityCardiff8026417-132
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