Newcastle United owner Mike Ashley is set to break his silence on the failed £300m takeover bid by the Kingdom of Saudi Arabian (KSA) group, according to the Daily Star.
As per the outlet, the chief executive of Sports Direct is expected to tell his critics that he is not to blame for the collapse of the prospective deal between himself and the Saudi-led consortium.
Is the KSA takeover of Newcastle over?
Ashley is also believed to be critical of the Bellagraph Nova (BN) Group and Henry Mauriss, who have both been reported with interest in buying the Magpies, and is expected to label them both as “time-wasters” in a forthcoming statement in what are some rather harsh words on the two other bidders.
Indeed, the Singaporean BN Group are reportedly trying to discuss the terms of their £280m offer, which is less than what the Saudis offered in their attempts to buy out Ashley.
American businessman Mauriss is also thought to be interested in buying the club, but that deal reportedly looks more and more unlikely as Ashley grows increasingly frustrated that Mauriss has not yet put a serious offer on the table for him to consider.
Nevertheless, it looks as if the current owner at St James’ Park is set to address the failed takeover bid from the Saudi Arabian group, which may answer more questions as to why exactly the deal between him and the buying side collapsed.
However, it seems as if Ashley will rule out the possibility of the BN Group or indeed Mauriss taking over in the northeast, leaving any potential takeover of Newcastle in the hands of the KSA consortium.
Geordies, can you see the takeover happening? Comment below with your views!
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