The proposed takeover of Newcastle United by Amanda Staveley’s Saudi Arabian-led group is in serious danger of collapsing as the Daily Mail reported that American media tycoon has lodged a £350 million bid to take over from the reigns of current owner of the Tyneside club Mike Ashley, therefore outbidding the consortium as an initial agreement of £300 million was made between the two parties to push the sale through in the North East.
Indeed, the buying side, which is also made up of the Saudi crown prince Mohammed bin Salman (MBS) and his Public Investment Fund (PIF), as well as the London-based billionaire Reuben brothers, may have to compete with the new bidder, which could arguably affect their chances of moving into the board.
However, as per the Daily Mail, Mauriss would have to move quickly to get any sort of deal over the line as it would depend on the collapse of the other bid.
Nevertheless, the fact that a second option is there may actually encourage members of the Toon faithful more than worry them.
If the prospective deal with the Saudi-led would-be owners does indeed fall through, which is still very much a possibility given recent events and the fact that it has taken so long, then at least Mauriss provides an alternative if and when needed given that he has reportedly lodged his bid.
However, some NUFC supporters may already have warmed to the potential new owners and so may want them to take over if possible instead, but until the Premier League make an official announcement, it is still unclear as to who the owners will be come the 2020/21 season.
Geordies, who do you think the owners will be next campaign? Comment below!
