North East UK news NUST admit there is no guarantee new owners would sell stake in Newcastle PremierLeague-News.Com

PremierLeague-News.Com - The NUST have launched the 1892 Pledge in the hope they can help buy a percentage of Newcastle United

North East UK news NUST admit there is no guarantee new owners would sell stake in Newcastle PremierLeague-News.Com

PremierLeague-News.Com - The NUST have launched the 1892 Pledge in the hope they can help buy a percentage of Newcastle United

North East UK news  NUST admit there is no guarantee new owners would sell stake in Newcastle PremierLeague-News.Com
09 April 2021 - 06:15

PremierLeague-News.Com - Breaking Sport Transfer News ! The Newcastle United Supporters' Trust concedes that they have been given no guarantee from any prospective buyers of Newcastle United that they would be given a chance to purchase a share of the club. The Trust has launched the 1892 Pledge, a long-term project which it hopes can secure some fan ownership of the club. Fans are being encouraged to donate little amounts when they can to the project with the aim of building up a pot of money to offer to any new owners of the club in return for a small percentage in it. But those behind the pledge admit that they have no guarantees a new owner - in particular, the Saudi backed consortium which tried to take over the club last year - would take up the Trust's offer. Video Loading Video Unavailable Click to play Tap to play The video will auto-play soon8Cancel Play now "No, not at all," Alex Hurst responded when asked if he knew if there was a stake for sale should Amanda Staveley complete her deal. "We're trying to be clear about that - this is an ambition and a hope of ours. "Nothing is guaranteed. We spoke with Amanda Staveley last summer, I haven't spoken to her since - she was very positive about fan engagement and was very grateful for what the trust did such as the 8,000 emails to MPs that got us in front of Richard Masters to ask questions about the takeover, but at the minute this is about the fans. "Right now, we have to get this launched and if Amanda Staveley or other potential owners of Newcastle United who enter into negotiations with the club want to find us then we're not hard to track down." But a lack of a guarantee doesn't scare those behind the pledge - a new owner rejecting a potential deal is something the Trust has contemplated but even that outcome doesn't necessarily mean the end of the project. "It would be fine - we would be disappointed," Hurst admitted when asked what would happen if a prospective owner rejected the Trust's offer. "You're at the whim of any potential new owner - of course, they could come in and say we don't want your £3m, £6m, £10m that we've raised, and they have every right to do that but we do think that would be a PR own goal. "We don't think that would be a great sign about fan engagement at the football club but ultimately we are relying on people buying the club who want to engage with us on that level. "That's what we hope will happen - and we can give ourselves the opportunities to find out by raising the money but ultimately that is entirely down to a new owner. "If an owner was willing to sell the Trust a percentage, it would be up to the members to accept that arrangement and they would vote by a majority to do it or not. The Supporters Trust exists for one reason, that is to represent Newcastle fans with their football and progress the interest of the fan base. "We are open to working with anyone in any way possible in a constructive and timely manner which is sadly not what we have got at the minute." If an offer was to be rejected, it would be up to those appointed as Guardians and then members of the Trust to what would happen next - whether to continuing raising funds or cancel the pledge and donate the money to charity but Hurst insists there are 'no hard or fast rules' on when it would end.

News source = PremierLeague-News.Com

. "We've also tried the formal process that the club wanted us to try," Hurst added. "Myself having days off work to go and speak to the football club about how they run the club and fan engagement. "There has been some success - Gallowgate Flags which then become Wor Flags, what an example of fan collaboration. You walk through to the boardroom at St James' Park and there are pictures of the displays that I put on, that makes me feel really proud but when you go in there and are promised things that are never delivered in terms of fan engagement - it makes you think 'well are we being used' in some respect here. "I've spoken to Lee Charnley and people who work for him, spent many many hours through emails, phone calls and meeting to try and get a genuine fan engagement process in place - where is it? Yes, there's been a pandemic and it's difficult for football clubs but others, and not just in the Premier League, but up and down the Football League have at least looked like they're interested in what football fans have got to say. "We really have tried. This isn't a toys out of the pram moment or a Steve Bruce defeat to Brighton thing that has led us to this - this is three years in the planning. "Something we have given serious attention to - spoken to hundreds if not thousands of fans and those who have been involved in fan ownership to make sure we get this right. "It's a long term thing. "We think we deserve some sort of seat at the table in terms of how the club is run - and the best way we've got to achieve that is by turning up with some money, and try to work with new owners as minority stakeholders." But how much would that seat cost? The estimation is at least £3m given Mike Ashley's current valuation of the club - something Hurst thinks is achievable. "I do," he said when asked if raising that amount was doable. "We've had a great launch - over £5,000 in the first hour which is great. "That's a long way away from where we need to be but this is a long term project and we have already 1,000 people who have decided to pledge. "We are confident it is realistic. "If you can convince 10 or 20 thousand people to give you some money every month that will soon start to end up." Read More Related Articles The 1892 Pledge is a sign of unity - and a United fanbase can help seize the chance for change Read More Related Articles Watch the brilliant launch video for the Newcastle United Supporter Trust's 1892 Pledge

Source = PremierLeague-News.Com

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