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Newcastle United takeover latest: Pete Graves provides positive update on Saudi Arabian bid

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Image for Newcastle United takeover latest: Pete Graves provides positive update on Saudi Arabian bid

Speaking on his Instagram page, Sky Sports journalist Pete Graves has shared some insight into the ongoing takeover saga currently engulfing Newcastle United. Indeed, the journalist posted updates on his story last night and his main talking points were then relayed by @NUFC360 to their followers, with the Mag also noting down some of his comments. 

According to Graves, the Saudi Arabian bid is indeed genuine and the Arab state’s Public Investment Fund turned to the Magpies after previously being interested in Manchester United. He further explains that both the prospective buyers and current owner Mike Ashley have been frustrated by leaks about the situation into the press and that the coming days could prove critical for a potential deal.

Still, the Sports Direct mogul is said to want to sell the club and those interested are reportedly able to put down a deposit in line with the asking price, which is surely a positive given the fact the Bin Zayed Group are understood to have been able to do so (via the Chronicle) last year.

With that in mind, here’s a look at some of the reaction on Twitter following Graves’ update.

https://twitter.com/mo_zaidan/status/1222270275254878208

https://twitter.com/mickywils/status/1222270709545586688

How do you feel about the potential takeover? Join the discussion by commenting below… 

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