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Takeover developments suggest troubling times ahead at Newcastle United

Jake Jackman

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Newcastle
Photo: Reuters

Newcastle United are entering into a tense period of their history and the stakes have never been greater. News broke on Tuesday that the takeover talks between Mike Ashley and Amanda Staveley had broken down. Sky Sports were the first to report the story, publishing the following quotes from a source close to the Magpies’ owner:

“It is only right to let the fans know that there is no deal on the table or even under discussion with Amanda Staveley and PCP.”

The source went on to say that the talks had ‘proved to be exhaustive, frustrating and a complete waste of time’. The reaction on social media was predictably a bad one, as many supporters stated that the same description could be used to discuss Mike Ashley’s ownership of the club.

It could be that the story is a cleverly released one by the Newcastle owner’s camp and brinkmanship on his part, but this is the latest of a long string of disappointing events for the club’s supporters. For them, it feels like the Sports Direct tycoon will never release his hold on the club.

A source close to PCP Capital Partners and Amanda Staveley was quick to address the story. Their side of the talks were keen to make it clear that the consortium had made a bid for Newcastle and that remains on the table.

“PCP Capital Partners made a carefully considered bid in November and it remains on the table.”

It is impossible to completely believe any story that has been leaked to the press during these takeover talks, as the media is a tool used to increase pressure on the opposite side. The takeover of Newcastle United was always likely to be a complex business deal that wouldn’t take place over night, despite Ashley’s optimistic Christmas deadline.

It could be that there are more twists and turns to come where the PCP bid is concerned. However, this story has to be taken at face value and supporters should be prepared for the worst-case scenario, which is Ashley remaining at the helm for the foreseeable future.

Why would no takeover be devastating for Newcastle?

Mike Ashley has been owner of the football club for over ten years and the club have been in the Premier League for the majority of those. Why would another few months of his ownership be a bad thing for Newcastle United?

Well, for Newcastle supporters and those that closely follow the club, that is a simple question to answer. Ashley suggested, during his interview with Sky Sports in August, that he was unable to compete with the rest of the Premier League financially and that, concerningly, the club bank was running on empty.

“So people outside of football looking in sometimes think that’s how much you have in the bank, I must make it crystal clear that I am not wealthy enough in football now to compete with the likes of Man City etcetera, not just Man City. It’s basically a wealthy individual taking on the equivalent of a country. I cannot, and will not. “

The namedrop of Manchester City was interesting at the time, as nobody was expecting Mike Ashley to compete with the club funded by oligarchs. However, the sobering fact for Newcastle fans is that their club (£38.07 million) have spent less than both Huddersfield Town (£51.08 million) and Brighton (£42.84 million) since the three clubs were promoted last season.

Against Swansea City at the weekend, the Magpies started the match with eleven of the players that had been at the club last season in the Championship. Mike Ashley has refused to provide the finances required to grow the team to the next level and their precarious position in the Premier League is a reflection of that.

A third relegation in the Ashley tenure is a real possibility without investment this month. As yet, that hasn’t been forthcoming and, judging by his actions during the last 12 months, few supporters are expecting it.

That could lead to further conflict with manager Rafa Benitez. The Newcastle boss has been very public about his desire for more players. The Spaniard is aware of his very powerful position at the club as he is the one person preventing the supporters from directing their anger at Mike Ashley.

If he isn’t given what he wants, he may consider walking away and that is a situation that the owner must avoid.

Benitez is both Ashley’s best asset and biggest threat. The manager has improved the atmosphere around the club and as long as he is in post, the supporters will believe that better times are ahead.

In addition to that, he is a world-class coach and capable of producing better results with an average squad. Newcastle are currently out of the relegation zone and considering the talent at his disposal, that is a huge achievement. However, if he was to leave his post, a crisis would quickly follow and it would be difficult to see the club maintaining their Premier League status.

The next few weeks and months promise to be crucial in determining the future of Newcastle United. There is nothing wrong with Mike Ashley walking away from talks with PCP and Amanda Staveley. If the deal wasn’t right and little progress was being made, his decision is understandable.

However, as the current owner of the club, it would be unforgivable not to invest before the transfer deadline. The squad isn’t good enough and needs an injection of quality. If that isn’t given, Benitez’s future would be cast into fresh doubt.

Jake is a journalist based in the South East. He is a Newcastle United fan and has a keen interest in Dutch football. Jake can be found on Twitter here - @jakejackmann.

Derby County

Newcastle United should take advantage of Matej Vydra’s low asking fee

The Czech international has scored 20 goals in the Championship this season.

Josh Kerr

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Matej Vydra
Photo: Getty Images

Newcastle United ensuring another season of Premier League football represents one of Rafael Benitez’ most impressive achievements in football to date.

The job done by the Spaniard is all the more admirable considering the Magpies striker options have been thin for large periods of the season, and the arrival of a goal-scorer is surely imminent for the Tyneside club.

According to The Telegraph, Derby County are likely to list their top-scorer Matej Vydra for sale after their failure to earn promotion to the Premier League.

This comes as massive news to a number of clubs in England’s top-flight, and Newcastle should be one of the front-runners queuing for the 26-year-old’s prolific services.

The Czech Republic international has been excellent this season firing 20 goals in 35 appearances for the Rams.

Reports suggest the club may be forced to sell their star striker in order to reduce the club’s £35 million wage bill ahead of next season.

The 26-year-old’s sale this summer will be Derby’s attempts to slash their budgets and form a strategy that is going to enable the club to push for promotion once again next season.

A fee of around £8 million could prove a major boost for Newcastle, considering the club’s financial restraints, and a 20-goal striker would surely be an improvement on Benitez’s current front-line options.

(Photo by Tony Marshall/Getty Images)

Islam Slimani’s loan move from Leicester proved to be a disaster, and the arrival of Joselu was one of the most disappointing transfers of the season.

The club are in desperate need of a goalscorer, with Perez leading the club’s individual efforts, despite being a number 10 and not an out-and-out goalscorer.

Vydra also has rare Premier League experience with West Bromwich Albion, as well as Watford, and his graft in the Championship may mean he’s ready for a return back to the top-flight.

The former West Brom striker guarantees goals and if there is one thing Tyneside supporters have missed in recent years, it is a goal-scoring hero.

At a little over £8 million, he could still prove a real bargain and a relatively insignificant risk.

Benitez has been wanting to break the bank since his arrival in 2016 but may be tempted do a deal on the cheap for the highly-rated striker.

Newcastle will be looking to improve on their impressive 10th place finish next season and the firepower of a genuine goalscorer could see them surpass the highs of this campaign.

Vydra offers pace and is even an aerial threat at just 5ft 2, so it has to be a priority for Newcastle to capture one of the bargains of the season and bring Vydra to St James’ Park.

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Manchester United

“Imagine thinking Phil Jones is better”: Newcastle fans react to Jamaal Lascelles omission

Newcastle fans can’t believe Jamaal Lascelles is not going to the World Cup this summer.

Max Cohen

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Jamaal Lascelles
Photo: Getty Images

Chelsea narrowly defeated Manchester United in Saturday’s FA Cup Final, thanks to Eden Hazard’s first-half penalty.

United centre-half Phil Jones conceded the spot-kick, felling the Belgian in the box and drawing the ire of Twitter in the process.

Newcastle United supporters were baffled at Jones’ poor cup final performance and criticised England manager Gareth Southgate for selecting the 26-year-old defender ahead of Jamaal Lascelles in the World Cup squad.

Against Chelsea, Jones made headlines for his high-profile mistake 20 minutes into the match.

The defender was caught flat-footed just inside his own half when Cesc Fabregas played a lofted ball in the direction of Eden Hazard.

The Belgian’s first touch was excellent and left Jones for dead, putting the Englishman on the wrong side of the ball.

(Photo by Laurence Griffiths/Getty Images)

Hazard then cut back across Jones, before the defender lunged into an ill-timed challenge that got nowhere near the ball.

In a cup final of such importance, mistakes such as Jones’ can prove immensely costly. And as United lost the match by the solitary goal, the centre-back’s error was devastating.

And the Manchester United defender’s poor showing incensed English supporters, who were furious at his inclusion in Gareth Southgate’s 23-man team.

In particular, Newcastle United fans felt aggrieved that Jones was selected in front of their captain Jamaal Lascelles.

Lascelles has been superb all season for the Magpies, marshaling the Newcastle defence while leading the club to an impressive tenth-placed finish.

Unlike Jones, who has been an inconsistent feature in United’s side, Lascelles featured in 33 Premier League matches this season – ten more than the United defender.

The Newcastle United faithful expressed their discontent at the England manager’s defensive team selections, arguing Lascelles would have proved a far more effective option in Russia.

And as one intrepid Twitter user noted, when Newcastle United played host to Chelsea just one week ago, Lascelles kept Hazard in check and held the Blues scoreless. Jones, on the other hand, capitulated in the face of the Belgian’s skills.

England face Belgium on 28 June in their final group stage match; Newcastle and Three Lions fans alike will be praying Phil Jones does not feature.

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Huddersfield Town

Newcastle United toxicity means Rafa Benitez should move to West Ham

The Spaniard is being linked with a move to London.

Max Cohen

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Benitez
Photo: Getty Images

After West Ham United announced David Moyes would be leaving the club this summer, Newcastle United manager Rafa Benitez has been heavily linked with the position by Sky Sports.

Although Benitez has worked wonders at St. James’ Park and enjoys life in the Northeast, he should make the switch to east London to finally enjoy the transfer budget he deserves.

There can be no questioning the Spaniard’s tremendous accomplishments at Newcastle. Benitez was appointed too late to save the club from relegation in 2015/16, yet achieved promotion at the first time of asking in 2016/17.

Even more impressive, the ex-Liverpool boss steered the Magpies to a tenth-placed finish this season.

The team was largely the same squad that won the Championship the previous year, and it is a testament to Benitez’s skills as a manager that he led Newcastle to the top half of the table despite minimal investment.

(Photo credit should read IAN KINGTON/AFP/Getty Images)

In particular, the manager craved a top-class goalscoring striker, yet was never given the funds to pursue a centre-forward that could effectively lead the line for the Magpies.

But it is simply unacceptable that a manager of Benitez’s quality is denied access to substantial transfer funds to strengthen his squad. In December, the Spaniard publicly aired his frustration at the uncertainty surrounding his transfer budget, due to the frugal nature of owner Mike Ashley.

There had been hopes that a takeover would occur at Newcastle, but recent reports claim that the move is off after Ashley increased his valuation of the club.

Unfortunately for Benitez, this seems to signal another offseason of limited funds and missed transfer targets. Ultimately, conditions such as these are unacceptable for a manager who has brought so much success to Newcastle.

A move to the London Stadium would allow Benitez to truly shape his squad with a generous transfer budget, a luxury that the Spaniard must be craving after several barren years under Mike Ashley.

Rafa Benitez would do well to leave behind the toxic reign of Ashley and move to West Ham, where he would be appreciated and rewarded by a supportive ownership.

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