Home News newcastle united fans react as steve nickson off furlough scheme

Newcastle United fans react as Steve Nickson off furlough scheme

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Mike Ashley

According to Craig Hope of the Daily Mail, Newcastle United owner Mike Ashley has asked Sports Direct’s furloughed staff to take a 10 per cent pay cut from next month.

Newcastle United owner Ashley had placed all staff on furlough during the coronavirus pandemic. And now, even the staff are not working, he has asked them to take five days’ holiday in an effort to manage annual leave.

The Magpies owner has decided to sell the club for a fee of £300 million, a drop-down of £40m from his initial valuation.

The would-be Newcastle United owners – Amanda Staveley’s consortium — comprising her company PCP Capital Partners (10 per cent), the billionaire Reuben brothers (10 per cent) and the 80 per cent majority stakeholding of Saudi Arabia’s Public Investment Fund (PIF) – are currently waiting for Premier League’s approval but they are facing obstacles elsewhere.

The report claims that some of the furloughed staff at the club are hoping that the Premier League will give their thumbs up so that the takeover process can happen at the earliest. The would-be new owners are ready to remove them from the government’s Coronavirus Job Retention Scheme.

Hope has also claimed that Newcastle scouting chief Steve Nickson has been brought back from furlough and he is now working on a list of transfer targets, although any guidelines haven’t been given on the transfer budget.

Many Newcastle United fans have taken to Twitter to express their reaction to Hope’s tweet. Here are some of the selected tweets: