Some Newcastle United supporters have been reacting to a tweet that was recently posted by football journalist Graeme Bailey regarding the rumoured takeover of the Toon.
Bailey has claimed that Newcastle United “have checked with the Premier League about the prospect of Saudi Arabia buying the club” in his recent tweet, going on to state that it “remains to be seen if Mike Ashley drops his price to below £300m”.
Bailey’s tweet comes after Chronicle Live recently published a report claiming that Ashley “is open to offers to sell” the club, amid reports of interest from “the Public Investment Fund of Saudi Arabia” in purchasing the Magpies.
Some Magpies supporters have flocked to Bailey’s recent tweet to share that they feel it is unlikely that Ashley will lower his reported asking price for the club. Read the posts from some Newcastle fans responding to Bailey’s recent tweet about the potential sale of Newcastle United in the tweets below.
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Newcastle have checked with the Premier League about the prospect of Saudi Arabia buying the club…the club are starting to take the takeover interest serious, but want to make sure that hurdle is clear. Remains to be seen if Mike Ashley drops his price to below £300mill.
— Graeme Bailey (@GraemeBailey) April 1, 2020
Why would he drop his price to below £300m?
— Richard Hutton (@R_Hutton1) April 1, 2020
Ha can’t see Mike Ashley dropping the price to £300 million so guess that’s the takeover off then
— ??????? ???? (@mickey_marr) April 1, 2020
this says wait and see if ashley lowers his price below 300, he wont we know that
— Will Watson (@BatmansMilkman) April 1, 2020
Do you think that this Newcastle United takeover will happen?YES, ASHLEY WILL SELL SOON
NO, THIS IS NOT GOING TO HAPPEN
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If their messing with the price this is all over. Ashley won’t leave until he gets what he wants. He knows he’s sitting on a massive club with biggest potential in premier league. They have to pay the money or it won’t happen.
— stan (@stan201519) April 1, 2020
So basically it ain’t happening
— Graeme Pilkington (@graemepilkingto) April 1, 2020
Why would Saudis who are oil rich be on the hustle?! Just doesnt make sense. They are so rich they could pay whatever Ashley asked for and not sweat it. If they really want the club this deal should be straightforward. #nufcfakeover
— Jeffrey Kotei ?????? (@JKOversion1) April 1, 2020
If they are really interested £500m wouldn’t be a problem at all let alone £340m.
— thereal andrew young (@temperamentalan) April 2, 2020
What do we think?
According to an article which was published by Chronicle Live on the third of May 2019, while Ashley’s asking price for the club is reported to be £300m, Newcastle United “are actually worth an estimated £383m” as claimed by “the University of Liverpool’s finance lecturer Kieran Maguire”.
If that estimate of the club’s actual worth is indeed true, then it may be understandable why some Magpies fans may feel that Ashley is unlikely to lower his asking price any further.