‘Never say never’ – Newcastle United release statement after £300m Saudi takeover bid collapses #NUFC

‘Never say never’ – Newcastle United release statement after £300m Saudi takeover bid collapses




Original Source


Newcastle United managing director Lee Charnley has revealed that the Premier League side are still open to selling the club to Amanda Staveley, the Reuben brothers and Saudi Arabia’s Public Investment Fund.

It was announced on Thursday that the £300m takeover had fallen through, with the bidding group expressing their ‘heartbreak’ over the deal collapsing.

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Charnley, right, says the club’s immediate focus is supporting manager Steve Bruce in the transfer market

The current regime have now released a statement in relation to the latest developments.

“We acknowledge yesterday’s statement,” Charnley said on Friday morning.

“Never say never, but to be clear Mike Ashley is 100 per cent committed to this deal.

“However our current focus must now be on supporting Steve Bruce in the transfer market and on the preparations for the new season.”

Tony Cascarino has praised the job Steve Bruce is doing at Newcastle

A joint PCP and PIF statement read on Thursday: “We feel great compassion for the Newcastle United fans with whom we shared a great commitment to help.

“We would like to say that we truly appreciated your incredible expressions of support and your patience throughout this process. We are sorry it is not to be.”

Consortium leader Staveley added: “I’m absolutely heartbroken for the club, the fans and the community.”

However, there are reportedly other suitors out there who might come in with a bid for the club.

talkSPORT’s man in the North East, Graham Courtney, explained how American entrepreneur Henry Mauriss could be the man to save Newcastle from Sports Direct kingpin Ashley.

He told talkSPORT: “I don’t think anybody is too surprised. It’s just been going on and on and on. It’s been going on longer than the coronavirus this thing.


“Sadly, I think every Newcastle United fan, certainly over the last three or four weeks saw it coming.

“Initially it looked as though they were caught in the crossfire with everything going on with Saudi Arabia and alleged piracy of Premier League rights and they’ve become more and more sceptical about the whole thing.

“However, all is not lost because in the background there is an American called Henry Mauriss who has also been interested in buying the football club. What actually happened was three or four weeks ago, the agreement between Mike Ashley and the investment fund and Amanda Staveley, where only they could be involved in it, that lapsed.

“This allowed other parties to come and show their interest. From what we can gather Henry Mauriss is one of those people.”



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