Date: 23rd August 2018 at 6:30pm
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Amanda Staveley’s group are still “monitoring the situation” at Newcastle, according to the Chronicle journalist Lee Ryder.

The paper’s chief sports writer believes that not much has changed in the sense that the takeover will not happen unless Mike Ashley drops his asking price for the club. When asked about Staveley in a Q&A, he said:

“Nothing other than they are monitoring the situation. If the price drops down from £400million there might be interest but we’re approaching a year since the For Sale signs went up again.”

No other interested parties have come forward in recent months, although it’s unlikely that any serious takeover offers would be made public.

Still, it seems things appear to be very quiet on the club’s sale which is a major disappointment with Ashley’s continued underinvestment in the playing squad.

With Rafa Benitez’s contract expiring in the summer, it’s looking unlikely that the manager will stay without some concrete promises from the club over recruitment and the academy.

Ryder says that managing director Lee Charnley is keen to tie Rafa down to a new deal, but, as things stand, there is a long way to go before any agreement will be reached.


One Reply to “Journalist Offers Latest Update On Likelihood Of Potential Newcastle Takeover”

  • ashley is just a greedy tyrant and should be realistic about his asking price. the club is not worth anywhere near 400 million

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