Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America Classifieds
Paul Gardner: SoccerTalkSoccer America ConfidentialYouth Soccer InsiderWorld Cup Watch
RSS FeedsArchivesManage SubscriptionsSubscribe
Order Current IssueSubscribeManage My SubscriptionRenew My SubscriptionGift Subscription
My AccountJoin Now
Tournament CalendarCamps & AcademiesSoccer GlossaryClassifieds
More Bad Decisions Ahead For Newcastle?
When Saturday Comes, September 25th, 2008 12:30PM

MOST READ

MOST COMMENTED

The daily online editorial at the U.K. soccer monthly ponders the wisdom of Newcastle United possibly taking on former England and Barcelona manager Terry Venables as its short-term manager. The troubled north-eastern wannabe giant, knocked out of the League Cup Wednesday by the Premier League's bottom side Tottenham, has also been contemplating a sale to a mysterious Nigerian consortium.

"Anyone who reads the [U.K.] tabloids' football pages on a regular basis will know that Venables is always in the process of weighing up job offers," says the editorial. "The situation has to be exactly right for him, though. He's a busy man and can't afford to dally with timewasters when he could be sat in a hotel lobby somewhere shooting the breeze with his many friends from the world of big business."

As for the possible Nigerian buyers said to be in talks with reviled team owner Mike Ashley, rumors abound that the interested party is connected with the same people that send us all e-mails offering unfeasible amounts of cash in exchange for our bank account details, and that Ashley "is now the only person left in the industrialised world who would fall for it."

A spokesman for the consortium, however, claimed "they are very serious business people and passionate football fans," a combination that would make them, in the magazine's words, "an extremely rare combination that will bode well should their takeover succeed." Meanwhile, businessman Peter Lee is coming up with a fan ownership plan, whereby an optimistically estimated 300,000 fans would throw away (sorry, invest) just under $2000 each in the club, on top of a one-off $160 million cash injection from an unnamed individual.

"Supporter ownership is a great idea," says WSC. But it doubts that Newcastle's fan-base has the strength to carry it off given that a similar scheme at the much more widely supported Liverpool is reportedly not going well. Such schemes "should have been successfully applied at the top level a generation ago before the game was swallowed up by global capital."

Read the original story...



No comments yet.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Section 2 Around the Net
Orlando City Signs Shea     
New MLS club Orlando City on Friday announced the signing of U.S. national team midfielder Brek ...
Report: Juve Eyes January Move for Falcao     
According to Italian soccer site Calciomercato, Manchester United may consider getting second-choice striker Radamel Falcao's huge ...
Reus Fined $665K for Driving without a License    
Borussia Dortmund forward Marco Reus has been handed one of the biggest driving fines in German ...
Balotelli Receives One-Game Ban, Fine for Instagram Post    
Mario Balotelli received a one game ban and a fine of 25,000 pounds after being found ...
Robbie Rogers: FIFA 'Insane' to Host World Cup in Russia, Qatar    
LA Galaxy left back Robbie Rogers has spoken out about FIFA's decision to stage the next ...
FIFA to Publish World Cup Corruption Report    
FIFA's executive committee on Friday agreed unanimously to publish Michael Garcia's report into the bidding process ...
FIFA: Qatar Needs Labor Reform to Keep 2022 World Cup    
FIFA executive committee member Theo Zwanziger on Tuesday indicated that 2022 World Cup host Qatar must ...
CWC: Auckland City the 'Winner,' but San Lorenzo Progresses     
Real Madrid's will face San Lorenzo of Argentina in Saturday's Club World Cup final after the ...
Di Maria Beats Messi, Aguero to Argentina's Player of the Year    
Manchester United winger Angel Di Maria has beaten Lionel Messi and Sergio Aguero to Argentina's player ...
League Cup: Rodgers Defends Sterling as Reds March On     
Following Liverpool's 3-1 League Cup quarterfinal win at Bournemouth, Coach Brendan Rodgers defended two-goal hero Raheem ...
>> Section 2 Around the Net Archives