We did warn over the weekend there would be many stories on the Newcastle takeover after Keegan’s case against the Tyneside club was settled by the Premier League Tribunal.
And it’s the Daily Mirror and Simon Bird, that’s reporting this morning that City sources have confirmed that a new South African bidder for the club has emerged. But that’s it – no more details than that, other than a wealthy bond dealer is known to have done due diligence on Newcastle’s financial books.
We have no idea if this story is true, but we’d take it with a large pinch of salt.
This comes at an interesting moment since Barry Moat was widely reported to have made a substantial bid for the club, but below the £100M asking price, or so reports suggest.
Ashley is said to be looking at the bid put in by Moat, and will respond to it within days, so it’s kind of surprising that a bid from South Africa of all places, should come in.
But with the Keegan case now over, and Newcastle at the top of the Championship,the club must look good deal for £100M.
There were stories that South Africa consortia were bidding last year but no proof – no proof at all – that any of these phantom bids was true.
This story looks dubious, since no concrete evidence, or any details at all, are offered by the Mirror.
We would dismiss this rumor, unless more proof that anybody at all in South Africa is interested in Newcastle. There’ll be a bid coming from the Man in the Moon soon – or was that one of the bids last year?