Newcastle United are seen as one of the most likely alternatives for investor Joseph DaGrosa if Southampton do not lower their takeover asking price.
That is according to The Athletic, with both Crystal Palace and West Ham United also understood to be in the frame for his first investment in the Premier League if his proposed takeover of Southampton does not end up going through.
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The American has told the Saints’ majority owner Gao Jisheng to lower his price for the club or he will look elsewhere, with the St. James’ Park faithful now being touted as a possible club that he may look at investing in.
DaGrosa could be a takeover alternative to the KSA consortium
DaGrosa could well be seen as an alternative to the Kingdom of Saudi Arabia (KSA) group who are still seemingly looking to complete their proposed £300m deal with Mike Ashley.
There have been, and still are, many complications though that have scuppered this bid thus far, as the KSA’s Public Investment Fund (PIF) have not yet come back onto the table in order to try and revive the deal.
Whether DaGrosa would be willing to pay as much money or if he would be solely interested in investing in the Tyneside club is another question, but the Magpies are reportedly seen as a possible alternative investment for him if his prospective takeover of Southampton collapses.
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