Writing on Twitter, reliable journalist Ben Jacobs has explained that American billionaire and Kapital Football Group chairman Joseph DaGrosa has made no new approach for Newcastle United – but insists that his 2019 interest was ‘genuine’ and that talks were ‘relatively advanced’.
The Athletic recently claimed that Newcastle, among other clubs, are shortlisted as potential alternatives should KFG’s talks to buy Southampton fall through.
DaGrosa and Kapital allegedly want Saints majority shareholder Gao Jisheng to lower his asking price for the south coast club and are threatening to look elsewhere if he fails to lower his valuation.
Jacobs drops Newcastle takeover update
The Magpies, alongside West Ham United and Crystal Palace, are allegedly seen as other options should Jisheng and DaGrosa fail to agree terms on a takeover – but Jacobs insists that while Newcastle could indeed be on a shortlist, there has been no new direct approach.
“Told by GACP Sports that Joe DaGrosa has made no new approach to #NUFC,” explained the journalist on social media.
“His 2019 interest was genuine and talks relatively advanced. DaGrosa wants to build a network of partner clubs similar to Red Bull.
“But it doesn’t appear fresh or formal talks have started up again.
“Sources also tell me DaGrosa has a good relationship with Mike Ashley, but his historical valuation of #NUFC was “significantly below” MA’s.
Newcastle may well still be on a (pretty long) shortlist. DaGrosa clearly exploring a flagship club, but priority remains Saints for now.”
Transfer Tavern take
The fact Steve Bruce’s side could still be up for consideration is a slight hint of encouragement, but for now, it appears Newcastle have received no new talks according to this claim.
In other news: This finance guru dropped an enticing Newcastle claim, find out more here.
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