Barry Moat has not given up on buying the club.
Posted on November 16th, 2009 | 88 Comments |
Apparently, whilst Moat has no immediate plans to launch another bid, he will continue to think about how he might wrest the club for Ashley in the future.
Speaking to Sky Sports News he said:
“For one reason or another it didn’t come to pass.
“It’s extremely disappointing. It’s something we’d given up a lot of time and effort and abortive costs with so I’ve been feeling pretty bruised by the whole process.
“As my wife keeps telling me, ‘No one’s died’ so you’ve got to get on. That’s fundamentally where I see it now.
“I think from my perspective I don’t think Mike Ashley wants to stay at St James’ Park for the long term, so I’ll never give up.
“I’ll keep beavering away in the background and hopefully one day we’ll get there.”
Well perhaps next time he’ll offer Ashley the money he wants up-front. Ashley reportedly turned down a bid from Moat for £60m up-front and £20m next season but Ashley wanted the full £80m up-front. In that respect I can’t really blame Ashley. He dropped from £100m to £80m – which was his attempt to ‘give’ something in the negotiations – and Moat just had to find the money. He couldn’t – or wouldn’t – so Ashley took the club off the market.
It’s probably fair to say that if we get promoted Ashley will be asking more money for the club. This might put it beyond Moat’s means, although his backers might also be prepared to invest more in a Premier League club.
Anyway, Moat goes on to talk about his hope that Ashley will invest in players:
“Hopefully he’ll make some investment in the club. Hopefully we’ll get some commercial partners.
“Hopefully the money will be spent on the playing squad and that bears fruit and we get back to where we deserve.
“Let’s face it Newcastle is a massive club. 43,000 to 44,000 people turned up there the other week to watch Peterborough.
“No disrespect to Peterborough, but they brought some great fans. This is Newcastle United, it is a massive club.
“It’s a global brand and it should be at the top of European football.”
“although his backers might also be prepared to invest more in a Premier League club.”
What backers?