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Newcastle United: Would-be Sunderland owner William Storey slams takeover

Newcastle United: Would-be Sunderland owner William Storey slams takeover - Newcastle United News

The would-be owner of Sunderland William Storey has slammed the proposed takeover of Newcastle United as he was exclusively interviewed by BBC Radio Newcastle’s Total Sport Programme.

Speaking on the programme (via The Chronicle), the founder of the drinks company Rich Energy described the takeover attempt by the Kingdom of Saudi Arabian (KSA) group as an “absolute shambles” and “a load of nonsense”.

Indeed, the Saudi-led consortium, which consists of the Middle Eastern crown prince Mohammed bin Salman (MbS), his country’s Public Investment Fund (PIF), the businesswoman and head of PCP Capital Partners Amanda Staveley and the billionaire London-based Reuben brothers, decided to withdraw their own £300 million bid as they grew increasingly frustrated with just how long it was taking the Premier League and its chief executive Richard Masters to make their final decision as to whether to approve of the deal with Mike Ashley or not.

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With the new 2020/21 season just around the corner, coupled up with the fact that the summer transfer window has officially opened, perhaps it is unsurprising that the would-be owners came to their decision.

However, the buying side have made their intent clear recently that they must fight along with the fans of the Tyneside club to try and get the takeover back on.

Is the Saudi takeover of Newcastle saga over?

Yes

Yes

No

No

This will likely depend fully on the cooperation from the top flight and its CEO though as ultimately the final decision lies in their hands.

Nevertheless, Storey has made his feelings clear on the prospective takeover at St. James’ Park as he aims to complete one of his own at the Magpies’ North Eastern rivals.

Geordies, do you hold any hopes for the takeover? Comment below!


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Article title: Newcastle United: Would-be Sunderland owner William Storey slams takeover

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