New bidders for Newcastle United may come forward now HMRC has concluded its investigation into the club.
That’s according to former Leeds United hitman Noel Whelan, speaking exclusively to Football Insider about Thursday’s developments.
On Thursday, the Magpies confirmed HMRC [HM Revenue & Customs] were discontinuing their investigation into the club’s taxes.
In a statement, Mike Ashley said, “After four years of the club being subjected to this investigation, I am pleased it has now been discontinued.” [Sky Sports]
As revealed by Football Insider in April, the Magpies are privately confident the Premier League will green light the Saudi-backed takeover bid over the coming months.
Whelan insists the investigation has opened the door for fresh takeover interest and claimed there is now ‘clarity’ at St James’ Park.
Whelan told Football Insider assistant editor Russell Edge: “Now that’s out of the way, it’s a massive plus for the football club.
“Also for any potential takeover and the buyers. It’s something that was hindering people from coming forward and wanting to buy the club.
“It opens the door for people to come in and table bids, and that’s what I expect now there’s clarity in the football club.
“The sooner someone takes over and Mike Ashley gets what he wants, the quicker they can start rebuilding.
“Newcastle deserves an owner who will look after it. Someone who will put money into it and take it back to the glory days.
“The days of David Ginola, Philippe Albert and Tino Asprilla. The shackles need to come off.”
Newcastle have all but secured their Premier League safety after a strong April.
As a result, Steve Bruce has been nominated for the Premier League manager of the month award.