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Newcastle United: Alan Hutton drops claim on potential takeover

Newcastle United: Alan Hutton drops claim on potential takeover - Newcastle United News

Alan Hutton has dropped a big claim on the potential takeover of Newcastle United after the Toon Army avoided relegation from the Premier League.

The Lowdown: Newcastle survive

The St. James’ Park faithful were confirmed to be staying up in the top flight for at least another season after Fulham lost 2-0 at home to Burnley on Monday night, meaning that they are mathematically impossible to catch, as they are currently 12 points above the drop zone with just three games left to play (Sky Sports).

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It also means that Mike Ashley can likely still sell the North East club for his desired price if a deal is revived, and gives an incentive for the Kingdom of Saudi Arabia (KSA) group to relaunch their bid.

The Latest: Hutton sees takeover positive

Hutton, who is now a pundit after a stellar playing career in the English and Scottish top flights, has since given his thoughts to Football Insider on the Tyneside club avoiding the dreaded drop, suggesting that it will indeed serve as a positive for the potential deal between Ashley and the KSA consortium:

“It’s absolutely huge. I think if they did go down, the takeover is off the table.

“It is what it is. Staying up was obviously huge, it means that a possible takeover will still be there.

“I just think for all the fans, Steve Bruce, everybody, that’s what it needs.  Obviously, they’ve not been happy for a long time with who’s in charge at the moment.

“I think it’s best for everybody if a new party comes in. Then you’re talking about the investment.

“We know how big a club Newcastle are and where they can get to with the right funding.

“If they do get the money, obviously the takeover has to happen first, but we’re talking about two different pathways.

“We can see two totally different teams if the takeover happens or if it doesn’t.”

The Verdict: Survival vital for potential takeover

It was clear that avoiding being relegated down to the EFL Championship was always going to be vital in terms of whether the potential takeover of the Magpies could still be revived or not.

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Ashley will not have to lower his asking price now that they remain in the division where all the money is, and the attraction of still being a PL club will certainly still be there from the perspective of the potential new owners.

However, there is still a lot of work that needs to be done in order to get the bid back on track, with arbitration cases pending this summer and Ashley recently launching additional legal proceedings – Tyneside is going to have to remain patient.

In other news, find out what insight from sources Liam Kennedy has dropped on the timescale of the potential takeover here!

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Article title: Newcastle United: Alan Hutton drops claim on potential takeover

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