Those who ignore history are doomed to repeat it. But this time it might cost Mike Ashley £305million.
Newcastle United have been dragged into a relegation battle – one that fans saw coming a mile off.
The Magpies are 17th in the table, but the gap between ourselves and the relegation zone is closing.
The performances now match the results, which saw Newcastle go 11 games without a win in December and January.
Steve Bruce’s side have since picked up wins against Everton and Southampton, but the threat of relegation continues to loom.
If we go down, this would be the third relegation of Mike Ashley’s tenure as owner.
The warning signs are there, yet the Sports Direct tycoon seems determined to ignore them. Whether out of spite or stupidity, it’s a bold and potentially dangerous call by Ashley.
According to the Chronicle, Bruce’s job is still safe. But could Ashley’s unwillingness to changes managers cost him his way out of St James’ Park?
Could relegation end Newcastle takeover hope?
While Newcastle struggle on the pitch, fans are more concerned with what is happening behind the scenes.
Despite it going on for more than a year, there is still hope that Amanda Staveley and co can buy the club from Ashley.
With legal proceedings ongoing, there is hope that there could be movement this month, according to the Athletic.
But is that going to happen if Newcastle tumble into the Championship?
Who knows if the buyers will still be interested. Regardless, the club won’t be worth £305million.
While we need legal proceedings to go our way for this takeover to go through, we also need to be a Premier League club.
Ashley has gambled with Newcastle United in the past. By sticking with Bruce, he’s gambling the club’s entire future. He’s gambling with his chance to get £305million for something that he grew tired of a long time ago.
Whether this takeover goes through or not, relegation would be catastrophic for Newcastle United. Yet the warning signs have been there for all to see.
We were in a similar state in 2016. Ashley acted late. By the time Steve McClaren departed, the damage was done.
As I said at the start, those who ignore history are doomed to repeat it.
The only difference is that this time there is £305million at stake for Mike Ashley. So why does he take the risk?