New owners anticipated at Newcastle United: Who would it be?

Newcastle supporters’ group ‘Toon for Change’ have called on Mike Ashley to sell Newcastle amid the recent takeover interest. 

It has been reported that Saudi Arabian Public Investment Fund, alongside billionaire British brothers David and Simon Reuben, are a part of the consortium in talks with the Newcastle owner, where they wish to take over. The deal is said to be brokered by Amanda Staveley.

It is believed that a £340 million deal is now a possibility but the owners demand an assurance that the club will be taken on to the next level. 

Chronicle Live revealed the return of Ashley and that he will hopefully assess Newcastle’s next move after a serious approach from the group.

The Magpies owner’s willingness to sell is said to have ‘understandable reservations’ as the recent takeover bids have failed. 

The group said, "One of the reasons for this skepticism is a clear correlation between takeover stories appearing during transfer windows and importantly ahead of 31st January, which is the season ticket renewal deadline for fans on long-term ticket plans.”

Mike Ashley (Image Courtesy: The Independent)

“This is the third January in a row that has seem takeover rumors receive international media attention. In 2018 and 2019, these takeover stories dissolved across February, when the season ticket deadline had passed. 

"Last summer saw an extended takeover process, where potential buyers released a statement saying “we have agreed terms”, which ultimately fell through.”

It is also reported by the group that almost 5000 season ticket holders walked away. However, with the average attendance of the first 10 competitive games of the season were the lowest that St James had seen since it expanded in 2000.

Ashley was also accused of releasing 10,000 free half-season tickets as a reward for the ‘loyal fans’ but it had many business interests too. A message was left for Ashley which said, "Prove the skeptics like us who believe that you are unwilling to sell our football club wrong. 

"Sell Newcastle United to a party that has the ambition to make us the top six club we were before you took control and let us have something to dream about once again.” 


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