The Mirror is reporting today that takeover talks between owner Mike Ashley and Amanda Staveley have restarted over the last few weeks.
That’s not surprising as Newcastle are almost safe in the Premier League with 38 points and we are now 10 points above the drop zone with the best goal difference of the bottom 12 clubs in the league – and only 6 games to play.
The last we heard about the Staveley takeover was that she had bid around £300M up front but Mike Ashley wanted another £50M, and that was where things stood at the beginning of this year.
Mike Ashley and Amanda Staveley – the old and the new?
The report is that there have been positive discussions over the last few weeks between the two parties, but we would still take this report with a pinch of salt.
One area of concern Amanda Staveley had was that Newcastle could be relegated, but that looks very unlikely now that we have picked up 19 points this year in just 11 games.
In the first half of the season through the end of last year, we picked up 19 points but in 21 games.
Amanda is said to be ready to increase her offer from £300M with no clauses.
But it just seems strange this report has come out on a Sunday after Newcastle have won three games in a row.
You would expect Amanda Staveley and other would-be buyers to be interested, but that doesn’t mean they have made any new moves.
But we would expect some other potential buyers to come forward soon and attempt to buy Newcastle and end the Mike Ashley era, which has been a disaster for our club.
That could be good because it could Staveley and her PCP Capital Partners to try to do the deal quickly.
Newcastle moved 10 points clear (11 is you consider our goal difference) of the drop zone after winning 2-1 at the King Power Stadium yesterday in another impressive performance to make it three wins in a row.