There was late news yesterday that Newcastle are in communications with another potential bidder other than Amanda Staveley’s PCP Capital Partners group.
We were told there were other groups doing due diligence at Newcastle and some groups started that process long before PCP Partners did.
So this second group shouldn’t come as any surprise although there was some local news last week that Amanda Staveley was now the lone bidder – that is not true if this latest report is accurate.
The Telegraph are reporting there is a second group who are currently in talks with Newcastle officials regarding an acquisition.
Mike Ashley and Lee Charnley – watch in pain
But it also appears that no offer that has been made by this second group – only that they are in talks with Newcastle officials.
There’s very little detail in the Telegraph report – this is it:
“As takeover talks rumble on in the background – Telegraph Sport understands that Newcastle are now talking to another interested party, as well as Amanda Staveley.”
So not too much detail there on the second potential bidder for Newcastle.
With Newcastle starting to struggle in the Premier League, if Mike Ashley is unwilling to put in a relegation clause for the second bid from the PCP Capital Partners group, that bid could well be doomed.