Bob Moncur has been interviewed in the Shields Gazette and like any fan of the club hopes that owner Mike Ashley follows through with his intention (it wasn’t exactly a promise) to sell Newcastle by the end of the year.
Things are quiet at the moment as the groups are busy doing the critical due diligence stage where they take a deep dive into the financial records of the club – amongst other things.
The would-be buyers have been involved in that for quite a few weeks so if there’s an offer made for the club that’s the next news that will come through.
The best thing is there is a report of an agreement in principle by some group to buy the club.
That means at least at a high level there has been an agreement between the two parties.
Bob Moncur with Mike Ashley – persuading owner to sell the club quickly?
Here’s some of what Bob Moncur has said in the Shields Gazette:
“Mike’s said ‘I can’t afford to take it any further’ – he’s quite happy to hand it on to somebody else who can.”
“If there’s a takeover, hopefully, there’ll be more investment, which will make Rafa’s job a bit easier.”
“If you’d said to me at this stage of the season that we’d be 11th, I’d have said ‘I’ll snap your hand off’.”
“Rafa’s done a great job with the squad he’s got – he’s a great manager.”
“I think the whole city and the club has been buoyed up by Rafa.”
“We’ve got the best manager in the land as far as I’m concerned and he’s doing a great job with what he’s got.”
Bob Moncur was speaking at the launch of the Tesco Bank Junior Players initiative.
It’s a community sports program and the Shields Gazette report that 18,500 primary school pupils took part in sports sessions led by the Newcastle United Foundation, the Foundation of Light and Newcastle Eagles Community Foundation.
That’s terrific and good that Bob Moncur is fully involved.
Back to the potential takeover – it’s coming to a crucial stage and after due diligence is completed would-be buyers have to decide if they want to buy Newcastle and how much they will bid for the club.
But if Mike Ashley keeps to his £400M selling price it looks like at least the Amanda Staveley led group will not pay that amount for Newcastle.
But we’ll have to wait and see what happens and hope Ashley sells the club – and very soon too.
Here’s hoping Mike will finally be leaving Newcastle United.