The Seymour Pierce Chairman, Keith Harris, who has been appointed by Mike Ashley to sell the Newcastle United club, has given out some additional information today on the sale and the potential buyers.
Keith said today:
“I think it’s certainly likely that the next owner of Newcastle United will come away from these shores. Whether it is from the Middle East is another matter, but I think it is a reasonable assumption to say the new owner will not be a Brit.”
“We have had now for seven or eight days seven seriously interested parties and within that group we have taken the chance now to start honing down the list.” “So far nobody has dropped out and we have been asking people to begin to sharpen their pencils. They are not from these shores.”
“There is a strong international element to them and that is not surprising as clearly wealth has been generated away from these shores more than it has been here.”
“The Premiership is a major entertainment and TV content provider throughout the world, increasingly in the United States, and is very well established in South East Asia, China, in India and certainly in the Middle East.”
“And I don’t think you would be surprised if the nationality of the new owner were to come from any of those parts of the world.”
Ashley of course announced his desire to sell the club on 14th September, so it’s now been 31 days thew club has been up for sale, and Keith Harris seems confident a deal will be completed by early December, with one of the seven serious bidders.
Harris was asked about the Nigerian and South African interest, but he says they are not considered serious bidders, as he added:
“I have read about it just like a lot of other people have and I think we have to distinguish between interest and serious interest.”
“We have certainly had people talk to us from those parts of the world but we haven’t deemed them to be serious interest because the one or two very simple criteria we have asked people to come up with haven’t been established.”
Harris also revealed none of the seven parties had indicated they would want Keegan to return as manager if they were to buy the club.
“Nobody has said to us it is a condition for us to go forward and frankly Joe Kinnear has done a pretty good job in a short period of time.”
“Whoever the new owner will be, it will be their choice of the management team, of running the business off the field and running the business on the field.”
“There is a wealth of management talent available but no-one has said it is a pre-condition that it is this manager, that manager or any other manager.”
Asked what were the chances of Keegan making a return to Newcastle, Harris said:
“It is impossible to predict that.”
“We haven’t even had discussions with the parties that have expressed an interest in buying the business as to who the new manager will be so I can’t predict.”
This is a good update from Keith, and we know it’s got to be close to the truth coming from him, and it does look like Newcastle are in some demand, so those who love to pummel our club, please take note.
It would be great if Keith can keep giving the fans these periodic updates, which are very valuable, so we are no longer misled by made-up stories in the media.
And given all the circumstances, it’s not beyond the realm of possibility that Joe Kinnear could be installed as manager for the rest of the season if he starts to get the results.
In any case that will be another driving force for Joe, as he attempts valiantly to get results at the club, and that cannot be a bad thing.
He’s a very hard working manager, and he’ll surely get the full support of our fans, as long as he’s at the club doing the very best he can, bless his heart.
Comments very welcome.