Menu
Franchises

Newcastle United Takeover Talks Remain Stalled

Amanda Staveley has "not made any attempt to revive her bid" to buy Premier League side Newcastle United after it emerged there has been no contact with Owner Mike Ashley since the start of December, according to Luke Edwards of the London TELEGRAPH. Although Staveley submitted three offers in November "in an effort to end Ashley’s 11-year reign" at St. James’ Park, they were rejected and she has "not returned with another one to try and revive the negotiations." It is thought the 44-year-old financier "may yet make another bid" through her PCP Capital company once Newcastle’s Premier League status has been confirmed, although Ashley "remains unconvinced she is able to do a deal after so many weeks of waiting for her to get close to his asking price." Ashley would be willing to sell for £300M ($419M) in a "cash upfront deal," but Staveley has "failed to get near that." Sources close to the discussions "insist Ashley has not altered his view that Staveley has wasted his time throughout the process and there are even doubts as to whether he would entertain her if she did make a fourth bid" (TELEGRAPH, 2/5).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2018/02/07/Franchises/Newcastle-United.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2018/02/07/Franchises/Newcastle-United.aspx

CLOSE