Do Not Sell My Personal Information
  1. Home
  2. Latest News

Report hints at major reason Newcastle’s Staveley sale is stalling

Newcastle United supporters have been more upbeat in the Transfer Tavern this week after seeing their side pick up wins over Stoke City and Luton Town to kick off 2018, at the same time helping lift the doom and gloom around St James’ Park.

Rafa Benitez’s men went into 2018 just a point and two places clear of the Premier League’s bottom three, but they put some distance between themselves and the relegation mire courtesy of a 1-0 success at Stoke on January 2. And the Magpies made it back-to-back successes with a 3-1 victory over League Two leaders Luton in the third round of the FA Cup last weekend, a result which earns them a trip to either Norwich City or Chelsea in the last 32.

Subsequently, there has been a bit more positivity among our resident Newcastle fans this week, and they are likely to be intrigued by a recent report from The Daily Mail, which outlines a possible reason as to why the proposed takeover by Amanda Staveley’s PCP Capital Partners is stalling, chiefly the threat of relegation.

Speculation was rife regarding a possible takeover from Staveley after she was seen at Newcastle’s 1-1 draw with Liverpool back in October, not long before current owner Mike Ashley officially confirmed that the club was for sale.

However, three months on and still a takeover has not been completed, and recent reports may highlight why, as reports suggest that a new Dubai investor is also interested in the club, but don’t fear losing out to Staveley unless the team pull clear from relegation trouble.

Thus, it seems apparent that the lingering threat of relegation to the Championship is unsurprisingly hindering Ashley’s ability to sell the club, so whether a deal will go through or not very much remains to be seen.

Landlord’s verdict: Takeover talk surrounding Newcastle United has been rumbling on for some time now, yet the Magpies remain without a new owner almost three months on from Mike Ashley putting the club up for sale.

Amanda Staveley’s PCP Capital Partners have been the frontrunners throughout that time, but recent reports suggest that, not only are Dubai-based investors interested in the club, but they believe they know why a deal has yet to be done.

And that reason is the lingering threat of relegation this season, with the Magpies just two points clear of the Premier League’s bottom three after 22 matches of the campaign.

As such, the Dubai investors don’t fear losing out to Staveley, throwing into doubt whether or not a deal will be done before the end of the season, as it’s difficult to foresee how Newcastle can definitively secure top-flight status anytime soon.

Newcastle fans… what do you make of the news? Let us know!

Thinking of having a punt this weekend? Take a look at the coupons we’ve picked out on the Football FanCast Accy Show before you put your money down! First up, we’ve selected a Premier League goalscorer treble which offers terrific LeoVegas boosted odds. For those who like to spread the odds across the pyramid, we’ve also put together a very tempting fourfold of outright wins from the EFL. Check it out and be sure to let us know what you think!

To Top

Article title: Report hints at major reason Newcastle’s Staveley sale is stalling

Please leave feedback to help us improve the site: