Newcastle issued their long awaited statement today and the news could be good for Newcastle supporters.
Ashley and Moat – more time for Moat to purchase club
This is today’s statement:
Newcastle United Football Club confirms that it has extended its deadline to Barry Moat to table an offer for the Club.
The extension has been granted in order to allow Barry Moat and his advisors to conclude funding arrangements with Barclays, current bankers, for the continuation of last season’s £39M facility.
This would allow a formal offer to be tabled.
It’s a little amazing that Moat has still not put an offer in for the club, but exactly when that offer has been extended to, is not known.
Let’s just say we have 8 days of the transfer season left and the whole summer, since the end of May, has tied the club up in this sale. Thank heavens for Chris Hughton and the excellent attitude of the Newcastle palyers through all of this.
The players will be buoyed by the news that Ashley could be leaving.
Let’s hope Moat, or Shearer or somebody, has already lined players up to buy, or to get in on loan, so our squad can be extended before 5:00 pm next Tuesday.
But the more than dreaded statement that Ashley would keep the club, has not come, not yet anyway. 😀