We have learned today from a piece in the Guardian by David Conn that the investors funding most of Amanda Staveley’s £250M bid for Newcastle were the wealthy Reuben family of London.
But a spokesman for them said they have not been interested in acquiring Newcastle since the £250M bid was not accepted by Mike Ashley last November.
Ashley may not have officially bothered to turn it down because he didn’t consider it to be a real viable offer.
So how come there have been constant media reports that Staveley people and Ashley’s people were still negotiating until the bombshell hit on Tuesday night that Ashley ended the talks?
That’s one question that has not been answered.
There is a report today in the Chronicle that Ms. Staveley remains committed to buying Newcastle and the (primarily rejected) £250M bid for the club is still on the table.
Amanda Staveley – is it still possible she can acquire Newcastle?
That’s the one that has several clauses in it based on performance (like relegation) and was submitted in November – over two months ago.
It seems that’s the only offer Ashley has ever received in his three failed attempts (so far) to sell the club.
The Chronicle is reporting that Ms. Staveley is still keen to make the deal happen and is prepared to show proof of funds.
But the Reuben brothers (Simon and David) have already said they have no more interest in buying Newcastle United.
Here’s a piece from the Guardian report which quotes a spokesman for the Reuben family saying the deal to buy Newcastle is definitely off:
“It is true that we did have a look at it, but nothing actually happened,”
“We are not investing in Newcastle United either as Reuben Brothers or as any individuals, including Jamie.”
Jamie Reuben is David Reuben’s 31-year-old son and was the one involved with Ms. Staveley in the attempted takeover.
So this doesn’t make too much sense unless the Guardian report is false or else Ms. Staveley has new investors who want to invest in Newcastle United.
The Chronicle is also reporting that Rafa Benitez will not walk away and that’s good news.
Rafa Benitez is a man of principle and will not walk away from the club or the dedicated Newcastle fans, who have every confidence in him and want him to stay on Tyneside.
If Amanda Staveley can get new investors interested and put funds in escrow to prove to Mike Ashley, she has the cash to buy Newcastle – that could still be the best option for the club.
Ms. Staveley seems to share the same aspirations and ambitions for Newcastle United as Rafa has – but she is also playing the media to the full in her attempt to buy Newcastle.
What do you think?