A group of wealthy US investors are interested in purchasing Newcastle United and are able to meet Mike Ashley’s £300million asking price but their league position leaves their future up in the air, according to the Daily Mail.
Ashley has been looking to sell the club for some time but hasn’t been able to successfully negotiate with any interested party, although he now has two consortiums interested in the club.
Sky News reported recently that former Manchester United and Chelsea chief executive Peter Kenyon was at the head of a consortium who were looking to buy Newcastle.
The latest potential investors are said to be seriously concerned by the club’s current 19th place position in the Premier League, and the deal will collapse if Rafael Benitez’s side begin to look like relegation certainties.
OPINION
You wait a year for a serious investor to come along and potentially save your club and then two arrive on the scene at once. They’re like buses, eh? For Newcastle supporters, though, it is always good to hear that someone wants to rescue the Magpies from Mike Ashley’s failure-tainted regime, but they will be remaining cynical until there’s anything concrete to get excited about. All the talk was of an imminent sale once Kenyon rode onto the scene earlier this season, but there has been precious little progress on that deal since his interest was announced. This group of investors sound fairly legitimate, and the fact that they are worried by the club’s on the pitch struggles shows that they’re no fools. Benitez’s team have been woeful this campaign and it was bound to affect any potential takeover deal. Newcastle fans will be hoping that the team can lift themselves out of their current quandary, and help convince someone to invest in the club.
