Newcastle United fans sent transfer warning after Mike Ashley agrees £300m sale

Newcastle United fans need to be prepared for transfer mistakes and must be patient for success after their takeover, according to former West Ham and England striker Tony Cottee. Reports claim Newcastle owner Mike Ashley has finally agreed to sell the club for £300million to PCP Partners.

Cottee believes it is a move that had to happen for the good of Magpies supporters.

“I think Ashley has done a decent enough job up to a point but he’s never, ever been popular with the Newcastle fans and I think this is something that needs to happen for the good of the club, but most importantly the fans,” he told Sky Sports.

“The fans are the most important thing about football clubs and they need somebody to take over, to take the club onto the next level.

“The guys taking over have got lots and lots of money and that is just what Newcastle need.”

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However, Cottee has warned Newcastle fans they cannot expect instant success and used Manchester City as an example, who took four years to win the Premier League after being taken over in 2008.

But the pundit reckons PCP Partners’ aim will be to qualify for the Champions League as soon as possible.

“It’s so competitive now isn’t it, we all know that, the so-called top six are in place in the Premier League,” Cottee added.

“But potentially Newcastle, for me they should always be a top-10 club, they’re a massive football club, they’re a one-club city and they should be looking to push into that top six.

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“I don’t want people saying to me ‘oh, Newcastle can’t do that’ – I’m not saying that, I’m saying you need to build slowly.

“If you look at Manchester City for an example, yeah they had loads of money injected into that football club but it took time.

“They made a few mistakes in the transfer market, eventually they got the right players in, then they got the right manager in and then they went to the next level.

“It will take time, you can have all the money in the world, you have to spend that money correctly and properly.

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“That’s where the Newcastle fans have got to be a little bit patient.

“Yes get excited, what a wonderful opportunity it will be for the football club, but it will take time and a little bit of patience needs to be put into place from the fans, just to let the club get to that next level.

“But top six easily should be on the radar for them.

“The people who are buying it, they’re going to want Champions League football, no doubt about that.”

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