Newcastle United’s takeover continues to drag on with July now in the horizon. It means it has now been around three months since the news first broke that Mike Ashley could finally be selling up after a tumultuous 13-year tenure.
The whole process has been arduous and frustrating for the Magpies faithful – to the extent that a petition has surfaced urging the Premier League to finally make a decision as both the supporters and the club need an answer.
Should the PL provide an update on the takeover situation?
Following Sunday’s FA Cup defeat, ChronicleLive reporter Mark Douglas revealed a fresh claim from the Saudi-backed consortium during an appearance on the ‘Everything is Black and White‘ podcast.
“We just need some kind of decision there really, I think we need to know what’s going on. And it’s frustrating for us because you know the source who told us last week, that it will happen, is very well placed within the consortium. He will know what’s being said and he won’t be misleading anybody. Those people around that group won’t be misleading anybody, it’s their firm belief what they are telling us, but it’s not happening and that suggests that either their read on it is not quite as good as it should be, or the Premier League, or people around this deal, this thing are saying one thing, then something else is happening.”
The United correspondent very much echoes the fanbase by calling on the top-flight to come to a conclusion sooner rather than later. He also goes on to back his previous claims by suggesting that his sources from the buying side of the takeover still do believe that it’ll eventually go through.
It still remains to be seen when that might actually be.
As of right now, we’re still in the hands of Ashley and we’re still none the wiser about if the Saudi bidders have any genuine chance of taking over the club sometime soon.
Could their confidence be misconstrued? or is it down to the sheer incompetence of the Premier League? We won’t truly know until something official emerges.
Douglas alludes to both situations being a factor, and he could well be correct.