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Newcastle United: Liam Kennedy drops takeover claim

Newcastle United: Liam Kennedy drops takeover claim - Newcastle United News

Liam Kennedy has dropped a five-word claim on the proposed £300m takeover of Newcastle United by the Kingdom of Saudi Arabia (KSA) group.

After a letter from the chief executive of the Premier League Richard Masters, dated December 23rd, broke out in which he talked about arbitration proceedings between the Tyneside club and the top flight, Magpies fans flocked to a tweet from The Shields Gazette journalist giving more clarity on the whole arbitration situation.

Is the KSA takeover of Newcastle over?





One such fan tweeted: ‘It’s looking more and more likely that this will drag on until the summer before a final decision is made….which means if we don’t do something about Bruce now we are bang in trouble… will the takeover be….can’t imagine PIF are looking to buy a Championship club.’

Kennedy replied, claiming ‘I wouldn’t necessarily say so’, with the journalist clearly not buying this supporter’s concerns that Bruce’s future may affect the potential takeover.

Could the takeover still be on if Newcastle got relegated?

Following the rather embarrassing 1-0 loss at the hands of Sheffield United, who are currently bottom of the division, it seems some supporters in the North East have been made to worry as to whether the takeover could still happen if they were relegated down to the EFL Championship.

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However, Kennedy does not necessarily think that being relegated would affect the chances of the deal between Mike Ashley and the KSA consortium being revived, which should give some Magpies hope that Bruce’s poor performance in his role will not kill their future.

The fan also implied that Bruce should be under pressure to keep his job, especially if the Toon are to be involved in a relegation battle, and results like the one against the Blades will certainly not help his cause.

Nonetheless, there seems to be a small shed of light at the end of what is at the moment a very dark tunnel for NUFC supporters.

In other news, find out what takeover update has been given on arbitration here!

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Article title: Newcastle United: Liam Kennedy drops takeover claim

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