Newcastle United owner Mike Ashley has set a new price tag of £300million for the takeover of the club but demands that there are no clauses or other agreements in the deal, according to a report.
The Telegraph claim on their website that the Sports Direct supremo was believed to have set a £35million asking price as he looks to bring his 10 year stint on Tyneside to an end, but that he is now willing to consider a straight deal worth £50million less.
It is stated that he is not willing to entertain offers which include stipulations such as a relegation refund or future success bonus, as Amanda Staveley and PCP Capital Partners’ offer reportedly did.
The British businesswoman is claimed to have tabled a cash sum of £250million before inserting such clauses into deals worth more, but Ashley is only looking for an immediate sale of £300million which would see him cut ties with the club entirely.
Staveley, who told the Times that she is still hopeful of securing a deal for the Magpies, with £200million worth of investment planned for both the infrastructure at the club as well as the transfer market, is said not to have tabled a new bid but that she is mulling over the possibility of a new move with Ashley’s revised asking price.
In other Newcastle United news, it has been confirmed that investors worth in the region of £14billion were helping back Staveley’s bid.
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