Reliable journalist reveals positive news over interested parties in Newcastle takeover update
Newcastle United have a number of potential parties interested in securing a takeover of the club from current owner Mike Ashley this summer, according to a reliable journalist.
Mark Douglas, who is the Newcastle United editor for the Chronicle, the Journal and the Sunday Sun, has claimed on his personal Twitter account that the club is still up for sale, having been officially announced back in October, and that there is more than just PCP Capital Partners interested.
On the basis of once bitten twice shy, I'm working on assumption that Mike Ashley will be in charge.
But yes, there's interest (including from PCP). And yes, club is still for sale. https://t.co/Cem6KV1wcJ
— Mark Douglas (@MsiDouglas) April 23, 2018
PCP, who are fronted by British businesswoman Amanda Staveley, were involved in talks over a potential deal over the winter period, although negotiations were ended by Ashley’s side after accusations of time wasting, so reports of numerous parties will be positive news for those hoping to see him leave.
The Sports Direct supremo has been at the helm of the club since 2007, and has overseen a tumultuous period for the club, with two relegations as well as making a host of controversial decisions.
Football Insider verdict
While there have been accusations from anti-Ashley groups that suggestions there are other groups interested in Newcastle have been a ploy to drive up the price in talks with PCP, it seems as though there might actually be something there. The Magpies have shown that they have what it takes to succeed in the top flight and after high profile wins over Manchester United and Arsenal, there might just be another multi-billionaire, or consortium of investors, who are considering a move. Still, for now Ashley remains in charge – as much as Newcastle fans wish it were not the case.
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