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Newcastle takeover takes another twist as fan despair continues – report

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It’s not a very nice time to be a Newcastle fan at present. Things are looking poor on the field and off of it, and our luck in both departments is looking very unlikely to change anytime soon.

We’re yet to sign a single player this month, despite our obvious need to, whilst we’re set to take on Chelsea this weekend in what will undeniably be a very tough game.

Off the field, however, somehow, things are looking even worse. According to the Sun, the proposed takeover of Newcastle has taken another twist this week, with Peter Keyon trying his best to get the funds to do a deal.

The Sun reports that he’s asking potential investors for funds, with buy-ins of just £1m apparently available.

The main takeaway from this, then, is that Peter Kenyon is determined to get a deal over the line, and he’s willing to do anything in order to get the funds he needs.

On one hand, this is good. He is clearly eager to get a deal done, and that implies that he’ll be more invested in the club than Mike Ashley currently is, at least from the perspective of being eager to do right by the fans.

However, it also suggests that any potential deal is still some way off, and that’s a worry. It’s looking very very unlikely that this will be done anytime soon, and with Mike Ashley unwilling to invest in the club in any significant way in the interim, we’re going to be left to stagnate at the worst possible time.

Things are not looking good.

Thoughts?

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