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Newcastle United: Mike Ashley stance on past takeovers has Magpies supporters worried over new developments

Newcastle United: Mike Ashley stance on past takeovers has Magpies supporters worried over new developments - Newcastle United

According to a recent report from the Guardian, Newcastle United’s newly proposed takeover bid from Saudi Arabian royal Prince Mohammed bin Salman could be ‘90%’ complete as the Public Investment Fund, brokered by Amanda Staveley, look set to finally tempt Mike Ashley into selling the club. 

Ashley, who has previously turned down numerous attempts from buyers, including a failed coup from current broker Staveley two years ago, looks like he could be serious about selling up this time – especially with a report from the Financial Times claiming the magnate’s accountants have been told Newcastle is ‘disappearing‘ from his books.

The PIF, reportedly helped along by PCP Capital Partners’ Staveley, who is apparently after a 10% share if the deal becomes completed, could be set to end Ashley’s controversial 12-year reign at the helm of St. James’ Park.

However, given how deals have fallen through in the past, some Newcastle supporters are not confident the Sports Direct honcho will sell up – citing a potential ‘arrogance’ in negotiations.

Find all of their best comments down below.

Newcastle fans, do you think Ashley will sell up this time? Join the discussion by commenting below…


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Article title: Newcastle United: Mike Ashley stance on past takeovers has Magpies supporters worried over new developments

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