The Sun is reporting today that Kuwaiti businessman Nasser Al-Kharafi is in serious discussions with Keith Harris and the Seymour Pierce bank about buying Newcastle United.
Nasser Al-Kharafi – favorite to buy Newcastle?
The last we heard any news was a week last Tuesday when Keith Harris said there were 7 bidders and three were large consortiums, that had some big money, and we expect Al-Kharafind his family could well be one of them.
We have no idea if this news is true, but we do understand all first bids are in now, and that Harris will be looking at the deals and talking more closely with those bidders that look the best for the club.
It’s certainly not beyond the realm of possibility that he is talking with Nasser Al-Kharafi, who has been linked with buying the club since mid-September, and has never denied it.
The Sun is reporting today the deal will be made through an Abu Dhabi company but Al-Kharafi is the man behind it. He is worth £7.5B ($12B), and is listed as the world’s 46th richest man on the Forbes Billionaires list.
The proverbial source, this time close to the family is reported to have said:
“Newcastle intrigues them and there’s a real chance they could get the club.”
“It is possible the deal could be done by next week.”
We would take that quote with a large pinch of salt.
But we do expect something from Keith Harris, the sooner the better, on who will be the new owners of Newcastle United. Bear in mind that it could take around 5-6 weeks once the owners are announced, to do the full due diligence on the club, unless some of that is going on now.
We need the news owners in – at the latest by mid-December – so we can fully participate in the January transfer window, and shore up our squad as far as both numbers and skill are concerned.