Mike Ashley finally speaks as he lowers asking price to £80m

Words by Kevin Doocey on .

Ashley - Lowers asking price to £80m

There is some quite astonishing news today that Newcastle United owner Mike Ashley has first of all, spoken to the media for the first time in months and indeed that he has lowered his asking price of the club to £80m. Speaking today to the Sunday Times he claims that he’s done his very best to sell the club and that Barry Moat has been on his case for the last two years. We are led to believe that he has lowered the asking price now, in order for Barry to complete the takeover.

He said :

‘I have to put £20m a year into the club — I spend more than every other fan put together puts into the club each year.

‘If you can’t pay up front to buy the club, you can’t afford it.

‘Of course I regret it (buying NUFC). I never said I was an expert in football clubs. I tried my best.

‘But I accept my best was woefully short.’

Also on the matter of Chris Hughton and first team affairs, he commented that Chris could well get the first team job fulltime in the near future :

‘Chris (Hughton) deserves a shot at the title — he has done a great job.

‘But if I keep the club I will have the final say on players.

‘I am the one who has to fund the club.’

And on the final matter of Barry Moat’s bid, he simply said :

‘Barry Moat has been driving me mad for two years.

’ If he wants to buy the club, he has got a one off opportunity to come up with the cash, £80 million up front.’

Simple as that it seems but if he has in fact reduced the asking price then it could well mean a lot of new bids for the club from different parties and this will only delay things even further. Saying that, I’d rather wait and sell then to keep Mike Ashley as owner for another season.

Comments welcome 🙂

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GeordieFootSoldier: ⏱ 18/10/2009

How I detest that man. Who forced him to purchase the club in the first place - not the average fan? Also let me tell Mr. Ashley that the 'average fan' as he calls us, does not buy season tickets etc., for profit but to see his/her beloved team. Our reasons are totally the oppostite to him. He bought into us to make money, as an investment if you like and also to pander to his self-indulgence. On the other hand, we never, ever hope to make money out of the club; our only profit would be in seeing us win something, God forbid.

Geordieboy: ⏱ 18/10/2009

£80 million "up front" could mean £80 million deposit with the rest to follow. Let's hope it's sold sooner rather than later although it's dragged on so long now I wonder if anyone has really made a bid or is it all hype from Ashley's camp.

UTD111: ⏱ 18/10/2009

Listen fatboy - a lot of the "average fans" have been paying into this club for many many years....you've only paid for two..... As the americans say - "do the maths"

GeordieFootSoldier: ⏱ 18/10/2009

How I detest that man. Who forced him to purchase the club in the first place - not the average fan? Also let me tell Mr. Ashley that the 'average fan' as he calls us, does not buy season tickets etc., for profit but to see his/her beloved team. Our reasons are totally the oppostite to him. He bought into us to make money, as an investment if you like and also to pander to his self-indulgence. On the other hand, we never, ever hope to make money out of the club; our only profit would be in seeing us win something, God forbid.

Geordie German: ⏱ 18/10/2009

Simply more crap. Arseley doesn't say much but when he does it stinks. Bet he cleans his teeth with toilet paper.

Geordieboy: ⏱ 18/10/2009

£80 million "up front" could mean £80 million deposit with the rest to follow. Let's hope it's sold sooner rather than later although it's dragged on so long now I wonder if anyone has really made a bid or is it all hype from Ashley's camp.

UTD111: ⏱ 18/10/2009

Listen fatboy - a lot of the "average fans" have been paying into this club for many many years....you've only paid for two..... As the americans say - "do the maths"

SeasonTicketHolder: ⏱ 18/10/2009

I for one am glad that Ashley has spoken out at last. I think he is right about Moat, if you cant afford it dont buy it. Newcastle dont need a man who is scraping together money from god knows who to buy the club. Before you know it we would be back up for sale again and then what!!! Mistakes have been made that is for sure and the biggest loser in all of this is Ashley himself. I have been going to the games for years now and it never surprises me the stupidity of the average fan. Most EX season ticket holders didnt renew out of Principal for the season saying "he aint getting my money" but week in week out you see them firstly standing at the box office and secondly wandering around looking for thier seats half hour into the game. To summarise i want ashley out but i dont want Moat as he simply cant afford it. Ex season ticket holders you should just go out and renew and stop whinging all the time because no matter what Chris and the players say they ARE distracted by comments and the goings on OFF the pitch.

Geordie German: ⏱ 18/10/2009

Simply more crap. Arseley doesn't say much but when he does it stinks. Bet he cleans his teeth with toilet paper.

SeasonTicketHolder: ⏱ 18/10/2009

I for one am glad that Ashley has spoken out at last. I think he is right about Moat, if you cant afford it dont buy it. Newcastle dont need a man who is scraping together money from god knows who to buy the club. Before you know it we would be back up for sale again and then what!!! Mistakes have been made that is for sure and the biggest loser in all of this is Ashley himself. I have been going to the games for years now and it never surprises me the stupidity of the average fan. Most EX season ticket holders didnt renew out of Principal for the season saying "he aint getting my money" but week in week out you see them firstly standing at the box office and secondly wandering around looking for thier seats half hour into the game. To summarise i want ashley out but i dont want Moat as he simply cant afford it. Ex season ticket holders you should just go out and renew and stop whinging all the time because no matter what Chris and the players say they ARE distracted by comments and the goings on OFF the pitch.