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Newcastle United: Ashley takeover update emerges

Newcastle United: Ashley takeover update emerges - Newcastle United

The Shields Gazette’s Liam Kennedy has taken to Twitter to issue an update on Newcastle United owner Mike Ashley’s current stance with regard to the potential takeover of the North East club, dropping a hint into a tweet about Steve Bruce’s future. 

The Toon takeover saga

Though the Toon takeover bid from Saudi Arabia’s Public Investment Fund, PCP Capital Partners and the Reuben brothers ultimately fell through earlier this year, it would seem as though the deal isn’t completely dead, with reports in August claiming that Ashley was keen to resurrect the deal.

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It has since emerged that Newcastle United are pursuing arbitration against the English top-flight over their handling of this unsuccessful takeover after the Toon claimed that they rejected the deal

The latest on Newcastle United owner Mike Ashley’s stance

After stating that it’s currently ‘unlikely’ Ashley is going to sack Newcastle manager Bruce via Twitter, Kennedy revealed, with regard to Ashley, that ‘his desire to get out’ of the North East club is ‘still very strong’.

In a follow-up tweet, the journalist clarified that now, ‘all eyes will be on 2021’ for this takeover to be resurrected and potentially completed, at long last. 

Is this a positive update?

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YES

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So, with Ashley seemingly still keen to sell the club and get the, thus far unsuccessful, Saudi deal completed, it will be interesting to see how this saga continues to develop in the new year and whether or not Toon fans will finally wave goodbye to their unpopular owner.

In other news, Newcastle United have been tipped to sign Ahmed Elmohamady from Aston Villa by Darren Bent.


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Article title: Newcastle United: Ashley takeover update emerges

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