Takeover Talk

- 18-01-2018

NUST are extremely disappointed to learn that the proposed takeover of NUFC has, according to media reports from ‘sources’ close to the owner ,been ‘called off’. We await to hear reports of any updates.
As we have said previously The Ashley Years have been a backward step for Newcastle fans both on and off the pitch. Two relegations, and a potential third, tell their own story. His tenure has been about mid table mediocrity, lack of ambition and a club policy that cups don’t matter because they don’t make enough money. Sadly the owner prioritises his own business interests over those of Newcastle United.
What the Trust wants is an owner who will position the Club in the local community in a way that recognises that the fans, the City Council and the local MPs are not the enemy. We don’t want to accept mid table mediocrity as our goal, we want our team to win trophies, to compete at the highest level and to set standards of excellence that our support deserves.
We want owners who will engage with the fans in a meaningful way and will allow the fans voice to be heard at the highest level in a way that helps to influence Club policy.
We feel that the Club already has the basic preconditions for success under new ownership. They are –
A large fan base with a regular attendance of 52,000.A stadium of sufficient size and quality with the option to expand.Located at the heart of the City.Significant future growth opportunities are available in developing new commercial sponsorship and overseas markets.Capable of maintaining the investment level needed for continuous team development.History and tradition, both in Europe and at home.
Working together with our world class manager and our world class fans new owners can take the Club to the next level, and beyond.
We would therefore urge the owner to honour his commitment to sell the club, reconsider the formal bid that has been made for the club, and relieve himself of an ‘asset’ he has no desire to retain.
In the meantime we are sure fans will continue to back Rafa and the lads on the pitch.
NUST Board