Liam Kennedy has made a rather big claim on the proposed takeover of Newcastle United following a Q&A with fellow journalist Miles Starforth that was transcribed by The Shields Gazette.
When asked about what was next for the prospective £300m deal between Mike Ashley and the Kingdom of Saudi Arabian (KSA) group, Kennedy claimed that ‘it definitely isn’t over’, despite the news of the Middle Eastern consortium withdrawing their own bid after growing increasingly frustrated with the Premier League and its chief executive Richard Masters taking too much time on making their final decision.
Is the KSA takeover of Newcastle over?
However, the journalist admitted that a lot of things would have to fall into place for the takeover to still go ahead. Indeed, given that the whole process was going on for months before the buying side decided to withdraw their bid, perhaps a lot would have to change to see the deal being resurrected in just a few weeks.
The 2020/21 season is due to start next month and, with the summer transfer window already open as well, perhaps the process would need to be sped up quite dramatically. Nevertheless, there has been increasing pressure from the likes of even Prime Minister Boris Johnson urging for the Premier League and its chief executive to give more clarity on the whole process.
If the top flight and its CEO cooperate, then perhaps the takeover saga may not be over as Kennedy claims, but a lot of things still need to be put into place before the Newcastle fans can realistically start hoping once again.
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