A source close to the current chief executive of General American Capital Partners (GACP) Sports Joseph DaGrosa has revealed his past experience of what it is like to work with Mike Ashley amid talk of the proposed £300m takeover of Newcastle United by the Kingdom of Saudi Arabia (KSA) consortium.
It is understood by The Chronicle that DaGrosa has found the CEO of Sports Direct and his fixer Justin Barnes to be ‘extremely professional to deal with’, adding that he ‘appreciated how they handled things’ and had ‘nothing but good things to say about them’, signing off by saying that ‘that may not be what people want to hear but it’s the truth’.
What could this mean for the Newcastle takeover?
Several members of the Toon Army are likely to take these comments about their owner with open ears if it means that he could be the man to reignite his own deal with the KSA group.
Are the Premier League to blame for the Newcastle takeover collapse?
Ashley is still reportedly fighting to push through the bid by taking down the Owners’ and Directors’ Test (ODT) set out by the Premier League in order to show that the would-be buyers are both fit and proper people.
The St. James’ Park faithful believe that they have handed over legal proof that the KSA’s Public Investment Fund (PIF) are separate from the Saudi state and have thus passed the requirements of the ODT.
Nonetheless, the fact that Ashley is apparently extremely professional to deal with according to DaGrosa may well help him in the legal battle between the Tyneside club and the English top flight.
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