Newcastle United honorary vice president Malcolm Dix has revealed that the club’s takeover should have been completed a lot earlier, and shared what he thought it could mean for the club.
In an interview with Chronicle Live, Dix shared that he thought the team needed strengthening and suggested that transfers could still be made without the takeover being completed.
“I think we will get some players and that the takeover will go through, but I think there might need to be a situation like happened at Manchester City,” said Dix.
“Whereby they bought players on the understanding that once the takeover was completed the money would be repaid, maybe that could happen at Newcastle.”
Amanda Staveley and her PCP partners are attempting to buy the club from Mike Ashley, but have yet to get a bid accepted.
Staveley’s first offer was rejected, however she reportedly has a £250million offer on the table which Ashley is set to make a decision on.
Ashley previously declared that he wanted the club sold by Christmas, and according to a report he will have to sell the club in the next couple of weeks if the new owners wants to make transfers in January.
This is because Premier League advice states that the official paperwork to complete a takeover deal can take up to 30 days to clear, which would results in the new owner missing the month-long transfer window.
Newcastle United are 16th with 15 points, two points off relegation, ahead of playing Everton on Wednesday.
The Magpies have failed to win any of their last seven league games, slumping to heavy defeats against Manchester United and Watford in that time.
In other Newcastle United news, Benitez has confirmed that there have been crucial takeover talks taking place.